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70 Obion Lane

70 Obion Lane, Springville, TN 38256
Property in Henry
Sold May 01, 2018
$169,000
Sold Nov 08, 2013
$60,000
$63,681 by First Citizens Bank
Mortgage Due Dec 01, 2014
Local assessors in Springville, TN have categorized 70 Obion Lane as a residential type of property. The home was built in 1965 and is 59 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 7,480 square feet. The linear feet between the front and back of the lot was measured at 1,100 ft and the front of the lot was measured at 680 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 70 Obion Lane has a total of 1,024 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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 720 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 metal. Lots of unknown 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. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 70 Obion Lane sold most recently in Apr 30, 2018 for a total of $169,000. If you work out the math, that's approximately a cost of $165.04 per sqft. Before that, the property was also sold for $60,000 in Nov 4, 2013. 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 $477 in taxes each year. 70 Obion Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $25,175. If we break it down further, the land itself was valued at $3,200. Improvements to the property, however, were assessed at a total of $21,975. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1990
  • 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: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 7,480
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,024
  • Building Area: 1,024
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,024
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PINE PT U-5
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 13 LOTS 10 & PT OF 11, COUNTY AREA: V10

Ownership

  • Current Owner : MARTIN JEFFREY S
  • Current Owner 2: MARTIN LORI A
  • Previous Owner : TAYLOR LARRY W
  • Owner Before Previous Owner: BENNETT MARY FRANCES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Henry County School District
  • Census Tract: 969001

Geography

  • Assessors Map Reference: 047E
  • District: 13
  • Parcel: 040047E N 00600
  • Block: 24
  • Lot: 10
  • Latitude: 36.4113
  • Longitude: -88.1021

    Address

  • Full Address: 70 Obion Ln
  • Address - House Number: 70
  • Address - Street Name: Obion
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Springville
  • Carrier Code: R001
  • 4-Digit Zip Code: 4356
  • Zip Code: 38256

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $477
  • Tax Rate Code Area: 40A00

    Appraisal Valuation

  • Standard Deviation: 0.2738
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 60
  • Final Value: 233,959
  • High Value: 298,035
  • Low Value: 169,884

    Market Valuation

  • Market Total Value: $100,700
  • Market Land Value: $12,800
  • Market Improvement Value: $87,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,175
  • Assessed Land Value: $3,200
  • Assessed Improvements Value: $21,975

    Sales

  • Current Sale Contract Date: Apr 30, 2018
  • Current Sale Recording Date: May 01, 2018
  • Current Sale Transaction ID: 11471871022
  • Current Sale Price: $169,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 138217
  • Previous Sale Recording Date: Nov 08, 2013
  • Previous Sale Contract Date: Nov 04, 2013
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIMMONS BANK
  • First Mortgage Transaction Date: May 01, 2018
  • First Mortgage Loan Amount: $60,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: May 01, 2033

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CITIZENS BANK
  • Previous Mortgage Transaction Date: Nov 08, 2013
  • Previous Mortgage Loan Amount: $63,681
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Cash
  • Previous Mortgage Loan Due Date: Dec 01, 2014

About Henry



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Frequently Asked Questions

What neighborhood is 70 Obion Lane located in?
The 70 Obion Lane is a located in the neighborhood of Henry in Henry, Springville.
What is the average sales price for listings in 70 Obion Lane?
The average sales price for units in 70 Obion Lane is $0 currently.

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