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622 North Spring Street

622 North Spring Street, Mcminnville, TN 37110
Property in Warren
Sold Oct 25, 2004
$49,900
Buyer
Seller
$48,117 by First National Bank
Mortgage Due Oct 25, 2034
Sold Jul 26, 2004
$28,000
$25,000 by Homeland Community Bank
Mortgage
622 North Spring Street has been categorized by the local assessors in Mcminnville, TN as a residential type of property. The building on the property was first built in 1945 and is 79 years old. However, we must point out that the home was most recently renovated and altered in 1963. 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, 622 North Spring Street has 1,163 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 partial basement that is 1,020 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 2,750 ft and across the front of the lot is 1,570 ft. The area measurement of the land has been determined as 43,175 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 is one available parking space. 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 composition shingle. The exterior walls of the building are made of rock and stone. While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit 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. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 622 North Spring Street was last sold in Jan 1, 1970 for $49,900. According to our calculations, that's $42.91 per sqft. Prior to that sales transaction, the property was sold for $28,000 in Jan 1, 1970. Current property owners are expected to pay $335 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 622 North Spring Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $18,100. To break that down further, the land itself was valued at $2,575. While improvements to the property were assessed at a total of $15,525. 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: 1945
  • Effective Year Built: 1963
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Rock and stone
  • 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: Partial basement
  • Basement Area: 1,020
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,175
  • Lot Size Depth Feet: 2,750
  • Lot Size Frontage Feet: 1,570
  • Total Building Area: 1,163
  • Building Area: 1,163
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,163
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.991
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 01, COUNTY AREA: M03

Ownership

  • Current Owner : RUIZ NAYELI
  • Previous Owner : GRACE STEPHEN
  • Owner Before Previous Owner: HOBBS LELAND
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Warren County School District
  • School Tax School District: 89452
  • Census Tract: 930500

Geography

  • Assessors Map Reference: 059M
  • District: 01
  • Parcel: 089059M E 00602
  • Municipality: MCMINNVILLE
  • Latitude: 35.6908
  • Longitude: -85.7682

    Address

  • Full Address: 622 N Spring St
  • Address - House Number: 622
  • Street Direction: N
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: TN
  • City Name: Mcminnville
  • Carrier Code: C007
  • 4-Digit Zip Code: 2157
  • Zip Code: 37110

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $335
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 89A02

    Appraisal Valuation

  • Standard Deviation: 0.4799
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 4
  • Final Value: 141,133
  • High Value: 208,866
  • Low Value: 73,399

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $74,019
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Oct 25, 2004
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $48,117
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 25, 2034
  • Second Open Lien Mortgage Lender: FIRST NB OF MIDDLE TENNESSEE
  • Second Open Lien Mortgage Recording Date: Dec 13, 2021
  • Second Open Lien Mortgage Loan Amount: $25,902
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Dec 13, 2051

    Market Valuation

  • Market Total Value: $72,400
  • Market Land Value: $10,300
  • Market Improvement Value: $62,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,100
  • Assessed Land Value: $2,575
  • Assessed Improvements Value: $15,525

    Sales

  • Current Sale Recording Date: Oct 25, 2004
  • Current Sale Transaction ID: 11439354463
  • Current Sale Price: $49,900
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Jul 26, 2004
  • Previous Sale Amount: $28,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK
  • First Mortgage Transaction Date: Oct 25, 2004
  • First Mortgage Loan Amount: $48,117
  • First Mortgage Terms: 360

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HOMELAND COMMUNITY BANK
  • Previous Mortgage Transaction Date: Jul 26, 2004
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $25,000
  • Previous Mortgage Term: 360

About McMinnville



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Frequently Asked Questions

What neighborhood is 622 North Spring Street located in?
The 622 North Spring Street is a located in the neighborhood of Warren in McMinnville, Mcminnville.
What is the average sales price for listings in 622 North Spring Street?
The average sales price for units in 622 North Spring Street is $0 currently.

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