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5963 Polk Street

5963 Polk Street, Arlington, TN 38002
Property in Shelby
Sold Apr 23, 2020
$155,000
$124,000 by Everett Financial Inc
Mortgage Due May 01, 2050
Sold Aug 08, 2014
$87,500
$85,914 by Franklin American Mortgage Co
Mortgage Due Aug 01, 2044
Local assessors in Arlington, TN have categorized 5963 Polk Street as a residential type of property. The home was built in 1971 and is 53 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 14,210 square feet. The linear feet between the front and back of the lot was measured at 2,030 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5963 Polk Street has a total of 872 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5963 Polk Street was last sold in Apr 14, 2020 for $155,000. According to our calculations, that's $177.75 per sqft. Prior to that sales transaction, the property was sold for $87,500 in Jul 29, 2014. Current property owners are expected to pay $1,791 in taxes per year. The property on 5963 Polk Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $38,350. To break that down further, the land itself was valued at $13,325. While improvements to the property were assessed at a total of $25,025. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,210
  • Lot Size Depth Feet: 2,030
  • Lot Size Frontage Feet: 700
  • Total Building Area: 872
  • Gross Building Area: 872
  • Building Area: 872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 872
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: POLK
  • Land Acres: 0.326
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WS POLK ST

Ownership

  • Current Owner : BRUCE ARTHUR LEE
  • Current Owner 2: BRUCE SHARON
  • Previous Owner : REED JONATHAN
  • Owner Before Previous Owner: YASSERI DARIOUSH
  • Owner Before Previous Owner 2: YASSERI DAWN
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Arlington Community School District
  • Census Tract: 020902

Zoning

  • Zoning: RS-18

Geography

  • Assessors Map Reference: MB 41-79
  • District: A
  • Parcel: A0-142O-C0-0005
  • Lot: 5
  • Municipality: ARLINGTON
  • Latitude: 35.2887
  • Longitude: -89.6662

    Address

  • Full Address: 5963 Polk St
  • Address - House Number: 5963
  • Address - Street Name: Polk
  • Address - Suffix Type: St
  • State: TN
  • City Name: Arlington
  • Carrier Code: R023
  • 4-Digit Zip Code: 8090
  • Zip Code: 38002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,791

    Appraisal Valuation

  • Standard Deviation: 0.243
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 65
  • Final Value: 248,056
  • High Value: 308,351
  • Low Value: 187,762

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $124,000
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Apr 23, 2020
  • First Open Lien Mortgage Loan Amount: $124,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $153,400
  • Market Land Value: $53,300
  • Market Improvement Value: $100,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,350
  • Assessed Land Value: $13,325
  • Assessed Improvements Value: $25,025

    Sales

  • Current Sale Contract Date: Apr 14, 2020
  • Current Sale Recording Date: Apr 23, 2020
  • Current Sale Transaction ID: 11756507789
  • Current Sale Price: $155,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20041148
  • Previous Sale Recording Date: Aug 08, 2014
  • Previous Sale Contract Date: Jul 29, 2014
  • Previous Sale Amount: $87,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Apr 23, 2020
  • First Mortgage Loan Amount: $124,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 08, 2014
  • Previous Mortgage Loan Amount: $85,914
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2044

About Arlington



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Frequently Asked Questions

What neighborhood is 5963 Polk Street located in?
The 5963 Polk Street is a located in the neighborhood of Shelby in Arlington, Arlington.
What is the average sales price for listings in 5963 Polk Street?
The average sales price for units in 5963 Polk Street is $0 currently.

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