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603 Patterson Road

603 Patterson Road, Walland, TN 37886
Property in Blount
Sold Dec 16, 2016
$70,100
$56,080 by Keystone Mortgage & Investment
Mortgage Due Jan 01, 2047
Sold Jul 22, 2016
$92,500
603 Patterson Road in Walland, TN was first built in 1983 and is 41 years old. Although, the building on the property was most recently renovated and altered in 1996. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 603 Patterson Road has 1,350 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 300 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,980. In total, the area measurement of the land is 20,038 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The property is connected to a sewer system. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. While the interior walls are made of paneling. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heating 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, 603 Patterson Road sold most recently in Dec 15, 2016 for a total of $70,100. If you work out the math, that's approximately a cost of $51.93 per sqft. Before that, the property was also sold for $92,500 in Feb 16, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $600 in taxes each year. 603 Patterson Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $44,975. If we break it down further, the land itself was valued at $12,500. Improvements to the property, however, were assessed at a total of $32,475. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1983
  • Effective Year Built: 1996
  • 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: Paneling
  • 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: 300
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 1,980
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,350
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WESTON RIDGE
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WESTON RIDGE SD SEC 2 17

Ownership

  • Current Owner : SPENCER DANA
  • Current Owner 2: SPENCER KITTY
  • Previous Owner : THE SECRETARY OF HOUSING A
  • Owner Before Previous Owner: RACHEL WILLIAM E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Blount County School District
  • Census Tract: 011302

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 030P
  • District: 13
  • Parcel: 005040B B 00400
  • Lot: 17
  • Latitude: 35.8024
  • Longitude: -83.8165

    Address

  • Full Address: 603 Patterson Rd
  • Address - House Number: 603
  • Address - Street Name: Patterson
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Walland
  • Carrier Code: R001
  • 4-Digit Zip Code: 2030
  • Zip Code: 37886

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $600
  • Tax Rate Code Area: 05A00

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 242,838
  • High Value: 299,869
  • Low Value: 185,806

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $56,080
  • First Open Lien Mortgage Lender: KEYSTONE MORTGAGE & INVESTMENT
  • First Open Lien Mortgage Recording Date: Dec 16, 2016
  • First Open Lien Mortgage Loan Amount: $56,080
  • 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: Jan 01, 2047

    Market Valuation

  • Market Total Value: $179,900
  • Market Land Value: $50,000
  • Market Improvement Value: $129,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,975
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $32,475

    Sales

  • Current Sale Contract Date: Dec 15, 2016
  • Current Sale Recording Date: Dec 16, 2016
  • Current Sale Transaction ID: 1914260808
  • Current Sale Price: $70,100
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jul 22, 2016
  • Previous Sale Contract Date: Feb 16, 2016
  • Previous Sale Amount: $92,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEYSTONE MORTGAGE & INVESTMENT
  • First Mortgage Transaction Date: Dec 16, 2016
  • First Mortgage Loan Amount: $56,080
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

About Blount



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Frequently Asked Questions

What neighborhood is 603 Patterson Road located in?
The 603 Patterson Road is a located in the neighborhood of Blount in Blount, Walland.
What is the average sales price for listings in 603 Patterson Road?
The average sales price for units in 603 Patterson Road is $0 currently.

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