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7420 Ricks Road

7420 Ricks Road, Arlington, TN 38002
Property in Shelby
Sold Nov 16, 2015
$165,000
$166,100 by Patriot Bank
Mortgage Due Jan 01, 2051
7420 Ricks Road has been categorized by the local assessors in Arlington, TN as a residential type of property. The building on the property was first built in 1968 and is 56 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. 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, 7420 Ricks Road has 1,484 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 12,300 ft and across the front of the lot is 3,530 ft. The area measurement of the land has been determined as 435,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 209 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. 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 D by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7420 Ricks Road was last sold in Nov 6, 2015 for $165,000. According to our calculations, that's $111.19 per sqft. Current property owners are expected to pay $1,752 in taxes per year. The property on 7420 Ricks Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $51,675. To break that down further, the land itself was valued at $25,350. While improvements to the property were assessed at a total of $26,325. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 209
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 435,600
  • Lot Size Depth Feet: 12,300
  • Lot Size Frontage Feet: 3,530
  • Total Building Area: 1,484
  • Gross Building Area: 1,484
  • Building Area: 1,484
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,484
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 10
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS RICKS ROAD 1320.66 FT E RICKS RD

Ownership

  • Current Owner : WATKINS KELSEY M
  • Current Owner 2: WATKINS JOSHUA B
  • Previous Owner : OGLESBY BILLY B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Shelby County School District
  • Census Tract: 020700

Zoning

  • Zoning: CA

Geography

  • District: S
  • Parcel: D0-139-0-0085
  • Lot: 3
  • Municipality: SHELBY COUNTY
  • Latitude: 35.2891
  • Longitude: -89.8153

    Address

  • Full Address: 7420 Ricks Rd
  • Address - House Number: 7420
  • Address - Street Name: Ricks
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Arlington
  • Carrier Code: R002
  • 4-Digit Zip Code: 9612
  • Zip Code: 38002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,752

    Appraisal Valuation

  • Standard Deviation: 0.2076
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 319,545
  • High Value: 385,895
  • Low Value: 253,196

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,100
  • First Open Lien Mortgage Lender: PATRIOT BANK
  • First Open Lien Mortgage Recording Date: Jan 04, 2021
  • First Open Lien Mortgage Loan Amount: $166,100
  • 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: $206,700
  • Market Land Value: $101,400
  • Market Improvement Value: $105,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,675
  • Assessed Land Value: $25,350
  • Assessed Improvements Value: $26,325

    Sales

  • Current Sale Contract Date: Nov 06, 2015
  • Current Sale Recording Date: Nov 16, 2015
  • Current Sale Transaction ID: 1354111544
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15115446

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL RESOURCES I
  • First Mortgage Transaction Date: Nov 16, 2015
  • First Mortgage Loan Amount: $169,665
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2045

About Shelby



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Frequently Asked Questions

What neighborhood is 7420 Ricks Road located in?
The 7420 Ricks Road is a located in the neighborhood of Shelby in Shelby, Arlington.
What is the average sales price for listings in 7420 Ricks Road?
The average sales price for units in 7420 Ricks Road is $0 currently.

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