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827 Promise Way

827 Promise Way, Murfreesboro, TN 37128
Property in Rutherford
Sold Dec 30, 2019
$160,000
$500,000 by Ascend Federal Credit Union
Mortgage Due Sep 01, 2052
Sold Nov 08, 2016
$384,412
$364,191 by Swbc Mortgage Corp
Mortgage Due Dec 01, 2046
827 Promise Way in Murfreesboro, TN was first built in 2016 and is 8 years old. This has been categorized as a residential property type. 827 Promise Way has 3,499 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 986 ft and the linear feet between the front and back of the lot is 1,633. In total, the area measurement of the land is 16,101 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 gravel/rock. For those who need parking, there is a attached garage. The garage is 681 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The exterior walls of the home are made of masonry. 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. As for heating, the home is utilizing a heat pump. 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. 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, 827 Promise Way sold most recently in Dec 10, 2019 for a total of $160,000. If you work out the math, that's approximately a cost of $45.73 per sqft. Before that, the property was also sold for $384,412 in Nov 4, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,874 in taxes each year. 827 Promise Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $136,950. If we break it down further, the land itself was valued at $13,750. Improvements to the property, however, were assessed at a total of $123,200. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 2016
  • Effective Year Built: 2016
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 14
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Gravel/rock
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 681
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,101
  • Lot Size Depth Feet: 1,633
  • Lot Size Frontage Feet: 986
  • Total Building Area: 3,499
  • Building Area: 3,499
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 3,499
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRIGHTON PARK AT KINGDOM RIDGE SEC 1
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)

Ownership

  • Current Owner : DEAN ALEXIS
  • Current Owner 2: DEAN TERIKA
  • Previous Owner : ROBINSON JAMES EDWARD
  • Owner Before Previous Owner: LENNAR HOMES OF TENNESSEE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Rutherford County School District in Murfreesboro
  • Census Tract: 040907

Geography

  • Assessors Map Reference: 39-57
  • Account Number: R0111230
  • District: 515
  • Section: 1
  • Parcel: 100E-E-021.00-000
  • Lot: 21
  • Municipality: MURFREESBORO
  • Latitude: 35.8301
  • Longitude: -86.4765

    Address

  • Full Address: 827 Promise Way
  • Address - House Number: 827
  • Address - Street Name: Promise
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Murfreesboro
  • Carrier Code: R062
  • 4-Digit Zip Code: 2928
  • Zip Code: 37128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,874

    Appraisal Valuation

  • Standard Deviation: 0.1345
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 84
  • Final Value: 646,176
  • High Value: 733,144
  • Low Value: 559,207

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: ASCEND FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Aug 12, 2022
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $547,800
  • Market Land Value: $55,000
  • Market Improvement Value: $492,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,950
  • Assessed Land Value: $13,750
  • Assessed Improvements Value: $123,200

    Sales

  • Current Sale Contract Date: Dec 10, 2019
  • Current Sale Recording Date: Dec 30, 2019
  • Current Sale Transaction ID: 11713362099
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2248984
  • Previous Sale Recording Date: Nov 08, 2016
  • Previous Sale Contract Date: Nov 04, 2016
  • Previous Sale Amount: $384,412
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE JAMES EDWARD ROBINSON JR R
  • First Mortgage Transaction Date: Dec 30, 2019
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: SWBC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 08, 2016
  • Previous Mortgage Loan Amount: $364,191
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About Murfreesboro



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 827 Promise Way located in?
The 827 Promise Way is a located in the neighborhood of Rutherford in Murfreesboro, Murfreesboro.
What is the average sales price for listings in 827 Promise Way?
The average sales price for units in 827 Promise Way is $0 currently.

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