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5971 Elkton Pike

5971 Elkton Pike, Prospect, TN 38477
Property in Giles
Sold Jun 12, 2020
$129,900
$127,546 by Carrington Mortgage Services L
Mortgage Due Jul 01, 2050
5971 Elkton Pike has been categorized by the local assessors in Prospect, TN as a residential type of property. The building on the property was first built in 1990 and is 34 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5971 Elkton Pike has 1,404 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 56,628 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 detached garage for those who require parking. The garage measured 720 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a open porch. 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 metal. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 5971 Elkton Pike sold most recently in Jun 5, 2020 for a total of $129,900. If you work out the math, that's approximately a cost of $92.52 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 $823 in taxes each year. 5971 Elkton Pike was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $35,375. If we break it down further, the land itself was valued at $5,600. Improvements to the property, however, were assessed at a total of $29,775. 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. 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!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: 1990
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 56,628
  • Total Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,404
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 09, COUNTY AREA: R01

Ownership

  • Current Owner : LEMON SUSAN
  • Previous Owner : BAILEY SCOTT
  • Previous Owner 2: BAILEY JIM
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Giles County School District
  • School Tax School District: 28236
  • Census Tract: 920800

Geography

  • Assessors Map Reference: 142
  • District: 09
  • Parcel: 028142 00410
  • Municipality: ELKTON
  • Latitude: 35.0745
  • Longitude: -86.9168

    Address

  • Full Address: 5971 Elkton Pike
  • Address - House Number: 5971
  • Address - Street Name: Elkton
  • Address - Suffix Type: Pike
  • State: TN
  • City Name: Prospect
  • Carrier Code: R002
  • 4-Digit Zip Code: 7536
  • Zip Code: 38477

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $823
  • Tax Rate Code Area: 28A02

    Appraisal Valuation

  • Standard Deviation: 0.4565
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 8
  • Final Value: 212,478
  • High Value: 309,482
  • Low Value: 115,473

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,546
  • First Open Lien Mortgage Lender: CARRINGTON MORTGAGE SERVICES L
  • First Open Lien Mortgage Recording Date: Jun 12, 2020
  • First Open Lien Mortgage Loan Amount: $127,546
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $141,500
  • Market Land Value: $22,400
  • Market Improvement Value: $119,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,375
  • Assessed Land Value: $5,600
  • Assessed Improvements Value: $29,775

    Sales

  • Current Sale Contract Date: Jun 05, 2020
  • Current Sale Recording Date: Jun 12, 2020
  • Current Sale Transaction ID: 11767880453
  • Current Sale Price: $129,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20126887

    Last Sale Mortgage

  • First Mortgage Lender: CARRINGTON MORTGAGE SERVICES L
  • First Mortgage Transaction Date: Jun 12, 2020
  • First Mortgage Loan Amount: $127,546
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

About Elkton



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Frequently Asked Questions

What neighborhood is 5971 Elkton Pike located in?
The 5971 Elkton Pike is a located in the neighborhood of Giles in Elkton, Prospect.
What is the average sales price for listings in 5971 Elkton Pike?
The average sales price for units in 5971 Elkton Pike is $0 currently.

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