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650 Potomac Place

650 Potomac Place, Smyrna, TN 37167
House in Rutherford
Sold Sep 22, 2021
$247,000
$185,250 by Assurance Financial Group Llc
Mortgage Due Oct 01, 2051
Sold Feb 01, 2011
$97,000
Local assessors in Smyrna, TN have categorized 650 Potomac Place as a residential type of property. The home was built in 2000 and is 24 years old. The property's lot size has been calculated to be 5,824 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 485 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 650 Potomac Place has a total of 1,110 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable or hip style roof that was made of gravel/rock. Lots of masonry were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source. 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, 650 Potomac Place sold most recently in Sep 22, 2021 for a total of $247,000. If you work out the math, that's approximately a cost of $222.52 per sqft. Before that, the property was also sold for $97,000 in Feb 1, 2011. 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 $1,182 in taxes each year. 650 Potomac Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $49,175. If we break it down further, the land itself was valued at $10,000. Improvements to the property, however, were assessed at a total of $39,175. 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. 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.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.

Building Features

Exterior

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,824
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 485
  • Total Building Area: 1,110
  • Building Area: 1,110
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,110
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WASHINGTON SQUARE SEC 2 RESUB LOTS 16
  • Land Acres: 0.133
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 17-L WASHINGTON SQUARE SEC 2 RESUB PB 23 PG 56 48.53 X 120 IRR

Ownership

  • Current Owner : SWONER ERNEST M
  • Current Owner 2: SWONER BETSY A
  • Previous Owner : DIMESIONS INC
  • Owner Before Previous Owner: HOLLAND JEFFREY T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rutherford County School District
  • Census Tract: 040311

Geography

  • Assessors Map Reference: 23-56
  • Account Number: R0017441
  • District: 674
  • Section: 2
  • Parcel: 028P-A-014.01-000
  • Lot: 17
  • Municipality: SMYRNA
  • Latitude: 35.9773
  • Longitude: -86.5579

    Address

  • Full Address: 650 Potomac Pl
  • Address - House Number: 650
  • Address - Street Name: Potomac
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Smyrna
  • Carrier Code: R023
  • 4-Digit Zip Code: 9349
  • Zip Code: 37167

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,182

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 80
  • Final Value: 276,821
  • High Value: 319,929
  • Low Value: 233,714

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,250
  • First Open Lien Mortgage Lender: ASSURANCE FINANCIAL GROUP LLC
  • First Open Lien Mortgage Recording Date: Sep 22, 2021
  • First Open Lien Mortgage Loan Amount: $185,250
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $196,700
  • Market Land Value: $40,000
  • Market Improvement Value: $156,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,175
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $39,175

    Sales

  • Current Sale Contract Date: Sep 22, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Transaction ID: 11858739072
  • Current Sale Price: $247,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2392557
  • Previous Sale Recording Date: Feb 01, 2011
  • Previous Sale Contract Date: Feb 01, 2011
  • Previous Sale Amount: $97,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASSURANCE FINANCIAL GROUP LLC
  • First Mortgage Transaction Date: Sep 22, 2021
  • First Mortgage Loan Amount: $185,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

About Smyrna



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Frequently Asked Questions

What neighborhood is 650 Potomac Place located in?
The 650 Potomac Place is a house located in the neighborhood of Rutherford in Smyrna, Smyrna.
What is the average sales price for listings in 650 Potomac Place?
The average sales price for units in 650 Potomac Place is $0 currently.

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