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65 Shoally Branch Road

65 Shoally Branch Road, Leoma, TN 38468
Property in Lawrence
Sold Apr 13, 2018
$40,000
$33,000 by Lawrenceburg Federal Bank
Mortgage Due Apr 09, 2033
Sold Jan 07, 2015
$50,000
65 Shoally Branch Road in Leoma, TN was first built in 2003 and is 21 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a unknown. It is a single story home. 65 Shoally Branch Road has 1,620 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. In total, the area measurement of the land is 340,639 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a water 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. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. The property was last sold in Apr 9, 2018 for $40,000. That's $24.69 per sqft. Prior to that sales transaction, the property was also sold in Dec 24, 2014 for $50,000. 65 Shoally Branch Road was last assessed in 2023. The total value of the property was assessed at $20,925. Specifically, the land the property is located on was valued at $12,600. While improvements on the property were assessed at a total of $8,325. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $421. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 340,639
  • Total Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,620
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 7.82
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: DISTRICT: 4

Ownership

  • Current Owner : NEAL JOHN DREW
  • Current Owner 2: NEAL REBECCA
  • Previous Owner : BIVENS BILLY JUNIOR
  • Owner Before Previous Owner: BIVENS BILLY JAY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence County School District
  • Census Tract: 960800

Geography

  • Assessors Map Reference: 126
  • District: 04
  • Parcel: 050126 03104
  • Latitude: 35.1449
  • Longitude: -87.2907

    Address

  • Full Address: 65 Shoally Branch Rd
  • Address - House Number: 65
  • Address - Street Name: Shoally Branch
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Leoma
  • Carrier Code: R002
  • 4-Digit Zip Code: 5395
  • Zip Code: 38468

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $421
  • Tax Rate Code Area: 50A00

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 152,800
  • High Value: 219,766
  • Low Value: 85,833

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $103,000
  • First Open Lien Mortgage Lender: LAWRENCEBURG FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Apr 13, 2018
  • First Open Lien Mortgage Loan Amount: $33,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Apr 09, 2033
  • Second Open Lien Mortgage Lender: LAWRENCEBURG FEDERAL BANK
  • Second Open Lien Mortgage Recording Date: Nov 04, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $70,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Sep 26, 2052

    Market Valuation

  • Market Total Value: $83,700
  • Market Land Value: $50,400
  • Market Improvement Value: $33,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,925
  • Assessed Land Value: $12,600
  • Assessed Improvements Value: $8,325

    Sales

  • Current Sale Contract Date: Apr 09, 2018
  • Current Sale Recording Date: Apr 13, 2018
  • Current Sale Transaction ID: 11449341352
  • Current Sale Price: $40,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18001863
  • Previous Sale Recording Date: Jan 07, 2015
  • Previous Sale Contract Date: Dec 24, 2014
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAWRENCEBURG FEDERAL BANK
  • First Mortgage Transaction Date: Apr 13, 2018
  • First Mortgage Loan Amount: $33,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Apr 09, 2033

About Lawrence



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Frequently Asked Questions

What neighborhood is 65 Shoally Branch Road located in?
The 65 Shoally Branch Road is a located in the neighborhood of Lawrence in Lawrence, Leoma.
What is the average sales price for listings in 65 Shoally Branch Road?
The average sales price for units in 65 Shoally Branch Road is $0 currently.

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