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7031 Bridgewater Drive

7031 Bridgewater Drive, Smyrna, TN 37167
Property in Rutherford
Sold Dec 21, 2020
$245,000
Sold Aug 18, 2016
$155,000
$147,200 by Movement Mortgage
Mortgage Due Sep 01, 2046
Local assessors in Smyrna, TN have categorized 7031 Bridgewater Drive as a residential type of property. The home was built in 2006 and is 18 years old. It was most recently renovated and altered in 2014. The property's lot size has been calculated to be 11,250 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 900 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. 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 7031 Bridgewater Drive has a total of 1,200 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. 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 504 sqft. 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. The property was last sold in Dec 18, 2020 for $245,000. That's $204.17 per sqft. Prior to that sales transaction, the property was also sold in Aug 15, 2016 for $155,000. 7031 Bridgewater Drive was last assessed in 2023. The total value of the property was assessed at $68,900. Specifically, the land the property is located on was valued at $13,750. While improvements on the property were assessed at a total of $55,150. 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 $1,655. 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. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • 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: 504
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTFORK SEC 8
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 408 WESTFORK SEC 8 PB 30 PGS 138-139 SPLIT OFF 35-90 FOR 07 90 X 125

Ownership

  • Current Owner : MAGAR KAHI
  • Current Owner 2: MAGAR PREM SINGH
  • Previous Owner : THANG SIAN LIAN
  • Previous Owner 2: HUAI CIIN
  • Owner Before Previous Owner: SCHOELEN MARK
  • Owner Before Previous Owner 2: SCHOELEN DANIELLE L
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rutherford County School District
  • Census Tract: 042301

Geography

  • Assessors Map Reference: 30-138,139
  • Account Number: R0094890
  • District: 674
  • Section: 8
  • Parcel: 035P-C-046.00-000
  • Lot: 408
  • Municipality: SMYRNA
  • Latitude: 35.9555
  • Longitude: -86.4741

    Address

  • Full Address: 7031 Bridgewater Dr
  • Address - House Number: 7031
  • Address - Street Name: Bridgewater
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Smyrna
  • Carrier Code: R008
  • 4-Digit Zip Code: 4468
  • Zip Code: 37167

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,655

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 80
  • Final Value: 358,031
  • High Value: 413,784
  • Low Value: 302,277

    Market Valuation

  • Market Total Value: $275,600
  • Market Land Value: $55,000
  • Market Improvement Value: $220,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,900
  • Assessed Land Value: $13,750
  • Assessed Improvements Value: $55,150

    Sales

  • Current Sale Contract Date: Dec 18, 2020
  • Current Sale Recording Date: Dec 21, 2020
  • Current Sale Transaction ID: 11810226792
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2327938
  • Previous Sale Recording Date: Aug 18, 2016
  • Previous Sale Contract Date: Aug 15, 2016
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Dec 21, 2020
  • First Mortgage Loan Amount: $232,659
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: Aug 18, 2016
  • Previous Mortgage Loan Amount: $147,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Smyrna



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Frequently Asked Questions

What neighborhood is 7031 Bridgewater Drive located in?
The 7031 Bridgewater Drive is a located in the neighborhood of Rutherford in Smyrna, Smyrna.
What is the average sales price for listings in 7031 Bridgewater Drive?
The average sales price for units in 7031 Bridgewater Drive is $0 currently.

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