Check Availability

716 Oak Grove Road

716 Oak Grove Road, Madisonville, TN 37354
Property in Monroe
Sold Dec 18, 2020
$239,000
$191,200 by Ally Bank
Mortgage Due Jan 01, 2051
Sold Mar 23, 2018
$17,500
Local assessors in Madisonville, TN have categorized 716 Oak Grove Road as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 31,363 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 716 Oak Grove Road has a total of 1,645 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. 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 unknown for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a screened porch so you'll have a great option in the front of the home. 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 - B+. The building has a gable or hip style roof that was made of composition shingle. 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. 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, 716 Oak Grove Road sold most recently in Dec 18, 2020 for a total of $239,000. If you work out the math, that's approximately a cost of $145.29 per sqft. Before that, the property was also sold for $17,500 in Mar 23, 2018. 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 $1,130 in taxes each year. 716 Oak Grove Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $50,450. If we break it down further, the land itself was valued at $3,975. Improvements to the property, however, were assessed at a total of $46,475. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B+
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Area: 0
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 31,363
  • Total Building Area: 1,645
  • Building Area: 1,645
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,645
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PENNINGTON GREEN SUBDV
  • Land Acres: 0.72
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WOOD JARRED B
  • Current Owner 2: WOOD ALLISON M
  • Previous Owner : BENTON ALLEN
  • Previous Owner 2: BENTON SHARON
  • Owner Before Previous Owner: PENNINGTON BARBARA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 925402

Geography

  • Assessors Map Reference: 046F
  • District: 03
  • Parcel: 062046F A 00202
  • Lot: 3
  • Latitude: 35.5586
  • Longitude: -84.328

    Address

  • Full Address: 716 Oak Grove Rd
  • Address - House Number: 716
  • Address - Street Name: Oak Grove
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Madisonville
  • Carrier Code: R003
  • 4-Digit Zip Code: 6205
  • Zip Code: 37354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,130
  • Tax Rate Code Area: 62A00

    Appraisal Valuation

  • Standard Deviation: 0.1341
  • Valuation Date: Feb 01, 2023
  • Confidence Score: 73
  • Final Value: 361,815
  • High Value: 410,370
  • Low Value: 313,259

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $191,200
  • First Open Lien Mortgage Lender: ALLY BANK
  • First Open Lien Mortgage Recording Date: Dec 18, 2020
  • First Open Lien Mortgage Loan Amount: $191,200
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $201,800
  • Market Land Value: $15,900
  • Market Improvement Value: $185,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,450
  • Assessed Land Value: $3,975
  • Assessed Improvements Value: $46,475

    Sales

  • Current Sale Contract Date: Dec 18, 2020
  • Current Sale Recording Date: Dec 18, 2020
  • Current Sale Transaction ID: 11808800979
  • Current Sale Price: $239,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20008428
  • Previous Sale Recording Date: Mar 23, 2018
  • Previous Sale Contract Date: Mar 23, 2018
  • Previous Sale Amount: $17,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLY BANK
  • First Mortgage Transaction Date: Dec 18, 2020
  • First Mortgage Loan Amount: $191,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

About Monroe



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 716 Oak Grove Road located in?
The 716 Oak Grove Road is a located in the neighborhood of Monroe in Monroe, Madisonville.
What is the average sales price for listings in 716 Oak Grove Road?
The average sales price for units in 716 Oak Grove Road is $0 currently.

Quantcast