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640 Sunset Hills Lane

640 Sunset Hills Lane, Spring City, TN 37381
Property in Rhea
Sold Sep 10, 2015
$177,500
$135,000 by Knoxville Tva Employees Credit
Mortgage Due Aug 25, 2045
Sold Oct 13, 2005
$158,000
640 Sunset Hills Lane has been categorized by the local assessors in Spring City, TN as a residential type of property. The building on the property was first built in 1995 and is 29 years old. However, we must point out that the home was most recently renovated and altered in 2001. 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, 640 Sunset Hills Lane has 1,632 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 full basement that is 816 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 2,860 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 28,600 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. Residents will have the luxury of enjoying a screened 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 paneling. 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 water system. The building on the property is connected to a sewer system. 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, 640 Sunset Hills Lane was last sold in Aug 19, 2015 for $177,500. According to our calculations, that's $108.76 per sqft. Prior to that sales transaction, the property was sold for $158,000 in Jan 1, 1970. Current property owners are expected to pay $1,160 in taxes per year. The property on 640 Sunset Hills Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $51,450. To break that down further, the land itself was valued at $15,000. While improvements to the property were assessed at a total of $36,450. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1995
  • Effective Year Built: 2001
  • 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: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 816
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 28,600
  • Lot Size Depth Feet: 2,860
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,632
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SUNSET HILLS ESTATES
  • Land Acres: 0.657
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 1; SUBDIVISION: SUNSET HILLS ESTATES

Ownership

  • Current Owner : BARBOUR BLACKBURN EDWARD BRUCE
  • Current Owner 2: BARBOUR BLACKBURN SUSAN
  • Previous Owner : BURCH ROBERT LEE
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Rhea County School District
  • Census Tract: 975000

Geography

  • Assessors Map Reference: 019D
  • District: 01
  • Parcel: 072019D A 02300
  • Lot: 22
  • Municipality: RHEA COUNTY-UNINCORPORATED
  • Latitude: 35.7448
  • Longitude: -84.7356

    Address

  • Full Address: 640 Sunset Hills Ln
  • Address - House Number: 640
  • Address - Street Name: Sunset Hills
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Spring City
  • Carrier Code: R001
  • 4-Digit Zip Code: 8130
  • Zip Code: 37381

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,160
  • Tax Rate Code Area: 72A00

    Appraisal Valuation

  • Standard Deviation: 0.1359
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 72
  • Final Value: 238,435
  • High Value: 270,848
  • Low Value: 206,021

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,000
  • First Open Lien Mortgage Lender: KNOXVILLE TVA EMPLOYEES CREDIT
  • First Open Lien Mortgage Recording Date: Sep 10, 2015
  • First Open Lien Mortgage Loan Amount: $135,000
  • 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: Aug 25, 2045

    Market Valuation

  • Market Total Value: $205,800
  • Market Land Value: $60,000
  • Market Improvement Value: $145,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,450
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $36,450

    Sales

  • Current Sale Contract Date: Aug 19, 2015
  • Current Sale Recording Date: Sep 10, 2015
  • Current Sale Transaction ID: 1313309686
  • Current Sale Price: $177,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15067934
  • Previous Sale Recording Date: Oct 13, 2005
  • Previous Sale Amount: $158,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KNOXVILLE TVA EMPLOYEES CREDIT
  • First Mortgage Transaction Date: Sep 10, 2015
  • First Mortgage Loan Amount: $135,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 25, 2045

About Rhea



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Frequently Asked Questions

What neighborhood is 640 Sunset Hills Lane located in?
The 640 Sunset Hills Lane is a located in the neighborhood of Rhea in Rhea, Spring City.
What is the average sales price for listings in 640 Sunset Hills Lane?
The average sales price for units in 640 Sunset Hills Lane is $0 currently.

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