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8047 Hillcrest Drive

8047 Hillcrest Drive, Milan, TN 38358
Property in Gibson
Sold Nov 28, 2016
$119,900
$117,727 by Regions Bank
Mortgage Due Dec 01, 2046
Sold Jun 09, 1997
$45,000
8047 Hillcrest Drive in Milan, TN was first built in 1952 and is 72 years old. Although, the building on the property was most recently renovated and altered in 1983. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 8047 Hillcrest Drive has 1,834 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 linear feet across the front of the lot is 480 ft and the linear feet between the front and back of the lot is 2,050. In total, the area measurement of the land is 9,840 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a unimproved garage. The garage is 624 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. 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 a packaged air conditioning unit. 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. 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, 8047 Hillcrest Drive was last sold in Nov 18, 2016 for $119,900. According to our calculations, that's $65.38 per sqft. Prior to that sales transaction, the property was sold for $45,000 in Jan 1, 1970. Current property owners are expected to pay $839 in taxes per year. The property on 8047 Hillcrest Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $26,300. To break that down further, the land itself was valued at $5,000. While improvements to the property were assessed at a total of $21,300. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1952
  • Effective Year Built: 1983
  • 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: Gypsum board (drywall, sheetrock, etc.)
  • 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
  • Garage Type: Unimproved
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,840
  • Lot Size Depth Feet: 2,050
  • Lot Size Frontage Feet: 480
  • Total Building Area: 1,834
  • Building Area: 1,834
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,834
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CLEMMER
  • Land Acres: 0.226
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CLEMMER I 32

Ownership

  • Current Owner : COLE JASON W
  • Current Owner 2: GAYLORD COLE MEGAN K
  • Previous Owner : CREASY JEFFREY WAYNE
  • Owner Before Previous Owner: CREASY JEFFREY W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Milan Special School District
  • School Tax School District: 27485
  • Census Tract: 966502

Geography

  • Assessors Map Reference: 140M
  • District: 13
  • Parcel: 027140M C 01500
  • Block: I
  • Lot: 32
  • Municipality: MILAN CITY
  • Latitude: 35.8991
  • Longitude: -88.7531

    Address

  • Full Address: 8047 Hillcrest Dr
  • Address - House Number: 8047
  • Address - Street Name: Hillcrest
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Milan
  • Carrier Code: R004
  • 4-Digit Zip Code: 6814
  • Zip Code: 38358

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $839
  • Tax Rate Code Area: 27E07

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 68
  • Final Value: 151,874
  • High Value: 175,819
  • Low Value: 127,928

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $117,727
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Nov 28, 2016
  • First Open Lien Mortgage Loan Amount: $117,727
  • 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: Dec 01, 2046

    Market Valuation

  • Market Total Value: $105,200
  • Market Land Value: $20,000
  • Market Improvement Value: $85,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,300
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $21,300

    Sales

  • Current Sale Contract Date: Nov 18, 2016
  • Current Sale Recording Date: Nov 28, 2016
  • Current Sale Transaction ID: 1888704891
  • Current Sale Price: $119,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 166563
  • Previous Sale Recording Date: Jun 09, 1997
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Nov 28, 2016
  • First Mortgage Loan Amount: $117,727
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2046

About Milan



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 8047 Hillcrest Drive located in?
The 8047 Hillcrest Drive is a located in the neighborhood of Gibson in Milan, Milan.
What is the average sales price for listings in 8047 Hillcrest Drive?
The average sales price for units in 8047 Hillcrest Drive is $0 currently.

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