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741 Smith Road

741 Smith Road, Martin, TN 38237
Property in Weakley
Sold Sep 02, 2020
$290,000
$284,747 by Crescent Mortgage Co
Mortgage Due Oct 01, 2050
Sold Jun 23, 2016
$97,834
$103,225 by First Citizens Bank
Mortgage Due Jul 01, 2036
741 Smith Road in Martin, TN was first built in 1973 and is 51 years old. Although, the building on the property was most recently renovated and altered in 1995. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 741 Smith Road has 3,348 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 616 sqft and has been categorized as a building with no basement. In total, the area measurement of the land is 152,460 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable or hip style roof made of metal. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 1,152 sqft. There are a total of 4 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of paneling. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Sep 1, 2020 for $290,000. That's $86.62 per sqft. Prior to that sales transaction, the property was also sold in Jun 17, 2016 for $97,834. 741 Smith Road was last assessed in 2022. The total value of the property was assessed at $68,275. Specifically, the land the property is located on was valued at $8,075. While improvements on the property were assessed at a total of $60,200. 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 $1,347. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1973
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Brick
  • 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: Building with no basement
  • Basement Area: 616
  • Garage Type: Detached
  • Garage Square Area: 1,152
  • Parking Space Count: 4
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 152,460
  • Total Building Area: 3,348
  • Building Area: 3,348
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,348
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 3.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 03, COUNTY AREA: M31

Ownership

  • Current Owner : DOWDY LEIGH
  • Previous Owner : BARNER DOUGLAS W
  • Previous Owner 2: BARNER DEBORAH F
  • Owner Before Previous Owner: LARSON SUSAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Weakley County School District
  • Census Tract: 968201

Geography

  • Assessors Map Reference: 052
  • District: 03
  • Parcel: 092052 01501
  • Latitude: 36.3913
  • Longitude: -88.8708

    Address

  • Full Address: 741 Smith Rd
  • Address - House Number: 741
  • Address - Street Name: Smith
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Martin
  • Carrier Code: R004
  • 4-Digit Zip Code: 5215
  • Zip Code: 38237

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,347
  • Tax Rate Code Area: 92A00

    Appraisal Valuation

  • Standard Deviation: 0.1399
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 72
  • Final Value: 114,732
  • High Value: 130,791
  • Low Value: 98,672

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $327,947
  • First Open Lien Mortgage Lender: CRESCENT MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Sep 02, 2020
  • First Open Lien Mortgage Loan Amount: $284,747
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2050
  • Second Open Lien Mortgage Lender: FIRST COMMUNITY BANK
  • Second Open Lien Mortgage Recording Date: Aug 23, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $43,200
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 25, 2043

    Market Valuation

  • Market Total Value: $273,100
  • Market Land Value: $32,300
  • Market Improvement Value: $240,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,275
  • Assessed Land Value: $8,075
  • Assessed Improvements Value: $60,200

    Sales

  • Current Sale Contract Date: Sep 01, 2020
  • Current Sale Recording Date: Sep 02, 2020
  • Current Sale Transaction ID: 11785498218
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20003372
  • Previous Sale Recording Date: Jun 23, 2016
  • Previous Sale Contract Date: Jun 17, 2016
  • Previous Sale Amount: $97,834
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CRESCENT MORTGAGE CO
  • First Mortgage Transaction Date: Sep 02, 2020
  • First Mortgage Loan Amount: $284,747
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: FIRST CITIZENS BANK
  • Previous Mortgage Transaction Date: Jun 23, 2016
  • Previous Mortgage Loan Amount: $103,225
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jul 01, 2036

About Weakley



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Frequently Asked Questions

What neighborhood is 741 Smith Road located in?
The 741 Smith Road is a located in the neighborhood of Weakley in Weakley, Martin.
What is the average sales price for listings in 741 Smith Road?
The average sales price for units in 741 Smith Road is $0 currently.

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