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778 Richland Street

778 Richland Street, Dayton, TN 37321
Property in Rhea
Sold Jan 28, 2013
$46,400
$47,346 by Community Mortgage Corp
Mortgage
Sold May 13, 2009
$24,000
Local assessors in Dayton, TN have categorized 778 Richland Street as a residential type of property. The home was built in 1943 and is 81 years old. It was most recently renovated and altered in 1982. The property's lot size has been calculated to be 26,136 square feet. The linear feet between the front and back of the lot was measured at 2,430 ft and the front of the lot was measured at 1,000 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 778 Richland Street has a total of 931 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. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a open 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 - C. The building has a gable or hip style roof that was made of composition shingle. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of paneling. As for flooring, was the material of choice during construction. Residents rely on no air conditioning for their cooling system. The home's no heating system is the primary heating source. The property was last sold in Jan 25, 2013 for $46,400. That's $49.84 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $24,000. 778 Richland Street was last assessed in 2022. The total value of the property was assessed at $14,550. Specifically, the land the property is located on was valued at $3,625. While improvements on the property were assessed at a total of $10,925. 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 $412. 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: 1943
  • Effective Year Built: 1982
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 26,136
  • Lot Size Depth Feet: 2,430
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 931
  • Building Area: 931
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 931
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VERNON HEIGHTS
  • Land Acres: 0.6
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 3; SUBDIVISION: VERNON HEIGHTS

Ownership

  • Current Owner : GOSSETT JAMES E
  • Previous Owner : HURST ADAM
  • Owner Before Previous Owner: HSBC BANK USA NATIONAL ASS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rhea County School District in Dayton
  • School Tax School District: 72189
  • Census Tract: 975401

Geography

  • Assessors Map Reference: 090H
  • District: 03
  • Parcel: 072090H F 01300
  • Lot: 3
  • Municipality: DAYTON
  • Latitude: 35.5024
  • Longitude: -85.0038

    Address

  • Full Address: 778 Richland St
  • Address - House Number: 778
  • Address - Street Name: Richland
  • Address - Suffix Type: St
  • State: TN
  • City Name: Dayton
  • Carrier Code: R008
  • 4-Digit Zip Code: 2601
  • Zip Code: 37321

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $412
  • Tax Rate Code Area: 72A01

    Appraisal Valuation

  • Standard Deviation: 0.1359
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 72
  • Final Value: 94,712
  • High Value: 107,587
  • Low Value: 81,836

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $47,346
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 28, 2013
  • First Open Lien Mortgage Loan Amount: $47,346
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $58,200
  • Market Land Value: $14,500
  • Market Improvement Value: $43,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,550
  • Assessed Land Value: $3,625
  • Assessed Improvements Value: $10,925

    Sales

  • Current Sale Contract Date: Jan 25, 2013
  • Current Sale Recording Date: Jan 28, 2013
  • Current Sale Transaction ID: 1202455945
  • Current Sale Price: $46,400
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13056427
  • Previous Sale Recording Date: May 13, 2009
  • Previous Sale Amount: $24,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 28, 2013
  • First Mortgage Loan Amount: $47,346
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 778 Richland Street located in?
The 778 Richland Street is a located in the neighborhood of Rhea in Dayton, Dayton.
What is the average sales price for listings in 778 Richland Street?
The average sales price for units in 778 Richland Street is $0 currently.

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