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7982 Mills Field Highway

7982 Mills Field Highway, Newbern, TN 38059
Property in Dyer
Sold Feb 25, 2022
$295,900
$306,552 by Regions Bank
Mortgage Due Mar 01, 2052
Sold Jul 14, 2017
$201,000
$197,359 by Platinium Mortgage
Mortgage Due Jul 01, 2047
Local assessors in Newbern, TN have categorized 7982 Mills Field Highway as a residential type of property. The home was built in 1971 and is 53 years old. It was most recently renovated and altered in 1988. The property's lot size has been calculated to be 174,240 square feet. As for the restroom situation, there are 4 full bathrooms. There are also 4 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 7982 Mills Field Highway has a total of 3,396 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 494 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 carport for those who need a place to park their vehicle. 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 open porch so you'll have a great option in the front of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 metal. Lots of brick 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 a packaged air conditioning unit 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, 7982 Mills Field Highway sold most recently in Feb 18, 2022 for a total of $295,900. If you work out the math, that's approximately a cost of $87.13 per sqft. Before that, the property was also sold for $201,000 in Jun 27, 2017. 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 $1,135 in taxes each year. 7982 Mills Field Highway was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $47,875. If we break it down further, the land itself was valued at $3,525. Improvements to the property, however, were assessed at a total of $44,350. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1971
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 494
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 174,240
  • Total Building Area: 3,396
  • Building Area: 3,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 3,396
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 5

Ownership

  • Current Owner : BIANCHINI KENDALL B
  • Current Owner 2: BIANCHINI LINDA-LEE L
  • Previous Owner : MICHELLE JOHNSON
  • Previous Owner 2: MICHELLE LINDA
  • Owner Before Previous Owner: WALKER SHANNON
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Dyer County School District
  • Census Tract: 964900

Geography

  • Assessors Map Reference: 029
  • District: 05
  • Parcel: 023029 02801
  • Latitude: 36.1619
  • Longitude: -89.3633

    Address

  • Full Address: 7982 Millsfield Hwy
  • Address - House Number: 7982
  • Address - Street Name: Millsfield
  • Address - Suffix Type: Hwy
  • State: TN
  • City Name: Newbern
  • Carrier Code: R002
  • 4-Digit Zip Code: 5066
  • Zip Code: 38059

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,135
  • Tax Rate Code Area: 23A00

    Appraisal Valuation

  • Standard Deviation: 0.4624
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 7
  • Final Value: 264,103
  • High Value: 386,250
  • Low Value: 141,955

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $306,552
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Feb 25, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $306,552
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $191,500
  • Market Land Value: $14,100
  • Market Improvement Value: $177,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,875
  • Assessed Land Value: $3,525
  • Assessed Improvements Value: $44,350

    Sales

  • Current Sale Contract Date: Feb 18, 2022
  • Current Sale Recording Date: Feb 25, 2022
  • Current Sale Transaction ID: 11880156178
  • Current Sale Price: $295,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1009
  • Previous Sale Recording Date: Jul 14, 2017
  • Previous Sale Contract Date: Jun 27, 2017
  • Previous Sale Amount: $201,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Feb 25, 2022
  • First Mortgage Loan Amount: $306,552
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Mar 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PLATINIUM MORTGAGE
  • Previous Mortgage Transaction Date: Jul 14, 2017
  • Previous Mortgage Loan Amount: $197,359
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Dyer



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Frequently Asked Questions

What neighborhood is 7982 Mills Field Highway located in?
The 7982 Mills Field Highway is a located in the neighborhood of Dyer in Dyer, Newbern.
What is the average sales price for listings in 7982 Mills Field Highway?
The average sales price for units in 7982 Mills Field Highway is $0 currently.

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