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587 Nebo Road

587 Nebo Road, Newbern, TN 38059
Property in Dyer
Sold Sep 15, 2021
$74,000
$74,747 by First Citizens National Bank
Mortgage Due Oct 01, 2051
Sold Apr 04, 1974
Transfer
587 Nebo Road has been categorized by the local assessors in Newbern, TN as a residential type of property. The building on the property was first built in 1973 and is 51 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 587 Nebo Road has 1,716 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 238 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,500 ft and across the front of the lot is 1,370 ft. The area measurement of the land has been determined as 34,412 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C- by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 587 Nebo Road sold most recently in Sep 15, 2021 for a total of $74,000. If you work out the math, that's approximately a cost of $43.12 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $381 in taxes each year. 587 Nebo Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $16,075. If we break it down further, the land itself was valued at $1,575. Improvements to the property, however, were assessed at a total of $14,500. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C-
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 238
  • Garage Type: Carport
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 34,412
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 1,370
  • Total Building Area: 1,716
  • Building Area: 1,716
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,716
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.79
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 8, PLAT BOOK: 2, PLAT PAGE: 166

Ownership

  • Current Owner : BURR JIMMY AUSTIN
  • Previous Owner : MOODY JIMMY A
  • Previous Owner 2: MOODY ANN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dyer County School District
  • Census Tract: 964500

Geography

  • Assessors Map Reference: 092
  • District: 08
  • Parcel: 023092 07502
  • Latitude: 36.0434
  • Longitude: -89.1828

    Address

  • Full Address: 587 Nebo Rd
  • Address - House Number: 587
  • Address - Street Name: Nebo
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Newbern
  • Carrier Code: R001
  • 4-Digit Zip Code: 4621
  • Zip Code: 38059

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $381
  • Tax Rate Code Area: 23A00

    Appraisal Valuation

  • Standard Deviation: 0.4624
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 7
  • Final Value: 132,769
  • High Value: 194,174
  • Low Value: 71,363

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $74,747
  • First Open Lien Mortgage Lender: FIRST CITIZENS NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Sep 15, 2021
  • First Open Lien Mortgage Loan Amount: $74,747
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: USDA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2051

    Market Valuation

  • Market Total Value: $64,300
  • Market Land Value: $6,300
  • Market Improvement Value: $58,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $16,075
  • Assessed Land Value: $1,575
  • Assessed Improvements Value: $14,500

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 15, 2021
  • Current Sale Transaction ID: 11856801822
  • Current Sale Price: $74,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20215319
  • Previous Sale Recording Date: Apr 04, 1974
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CITIZENS NATIONAL BANK
  • First Mortgage Transaction Date: Sep 15, 2021
  • First Mortgage Loan Amount: $74,747
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: USDA
  • First Mortgage Loan Due Date: Oct 01, 2051

About Dyer



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Frequently Asked Questions

What neighborhood is 587 Nebo Road located in?
The 587 Nebo Road is a located in the neighborhood of Dyer in Dyer, Newbern.
What is the average sales price for listings in 587 Nebo Road?
The average sales price for units in 587 Nebo Road is $0 currently.

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