Check Availability

725 County Rd 754

725 County Rd 754, Riceville, TN 37370
Property in McMinn
Sold Nov 02, 2020
$104,300
$91,606 by Tennessee Valley Fcu
Mortgage Due Nov 02, 2050
Sold Oct 12, 2007
$122,500
725 County Rd 754 has been categorized by the local assessors in Riceville, TN as a residential type of property. The building on the property was first built in 2003 and is 21 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 725 County Rd 754 has 1,152 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,152 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 29,621 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of metal. The exterior walls of the building are made of unknown. While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Nov 2, 2020 for $104,300. That's $90.54 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $122,500. 725 County Rd 754 was last assessed in 2023. The total value of the property was assessed at $39,525. Specifically, the land the property is located on was valued at $2,425. While improvements on the property were assessed at a total of $37,100. 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 $428. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,152
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 29,621
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RICKY HUTSON PROP
  • Land Acres: 0.68
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 05 05 121 121 01811 000, COUNTY AREA: H01

Ownership

  • Current Owner : YOUNG LOGAN ANDREW
  • Previous Owner : PRINCE JONATHAN
  • Previous Owner 2: PRINCE PAMELA
  • Owner Before Previous Owner: HOWARD ARTHUR L

Neighborhood

  • School District Name: McMinn County School District
  • Census Tract: 970802

Geography

  • Assessors Map Reference: 123
  • District: 05
  • Parcel: 054123 01803
  • Lot: 4
  • Latitude: 35.3012
  • Longitude: -84.6723

    Address

  • Full Address: 725 County Road 754
  • Address - House Number: 725
  • Address - Street Name: County Road 754
  • State: TN
  • City Name: Riceville
  • Carrier Code: R001
  • 4-Digit Zip Code: 5265
  • Zip Code: 37370

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $428
  • Tax Rate Code Area: 54A00

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 43
  • Final Value: 182,762
  • High Value: 252,125
  • Low Value: 113,398

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $91,606
  • First Open Lien Mortgage Lender: TENNESSEE VALLEY FCU
  • First Open Lien Mortgage Recording Date: Nov 02, 2020
  • First Open Lien Mortgage Loan Amount: $91,606
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Nov 02, 2050

    Market Valuation

  • Market Total Value: $158,100
  • Market Land Value: $9,700
  • Market Improvement Value: $148,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,525
  • Assessed Land Value: $2,425
  • Assessed Improvements Value: $37,100

    Sales

  • Current Sale Contract Date: Nov 02, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Transaction ID: 11797787704
  • Current Sale Price: $104,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 219425
  • Previous Sale Recording Date: Oct 12, 2007
  • Previous Sale Amount: $122,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TENNESSEE VALLEY FCU
  • First Mortgage Transaction Date: Nov 02, 2020
  • First Mortgage Loan Amount: $91,606
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

About McMinn



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 725 County Rd 754 located in?
The 725 County Rd 754 is a located in the neighborhood of McMinn in McMinn, Riceville.
What is the average sales price for listings in 725 County Rd 754?
The average sales price for units in 725 County Rd 754 is $0 currently.

Quantcast