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903 Freeman Street

903 Freeman Street, Lafayette, TN 37083
House in Macon
Sold Jan 30, 2023
$195,000
Buyer
Seller
$175,010 by Amerisave Mortgage Corporation
Mortgage Due Feb 01, 2053
Sold Sep 22, 2020
$139,900
$132,554 by Caliber Home Loans Inc
Mortgage Due Oct 01, 2050
903 Freeman Street has been categorized by the local assessors in Lafayette, TN as a residential type of property. The building on the property was first built in 1960 and is 64 years old. However, we must point out that the home was most recently renovated and altered in 1988. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 903 Freeman Street has 1,410 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 276 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,600 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom 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 garage for those who require parking. The garage measured 276 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and 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 C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. The property was last sold in Jan 20, 2023 for $195,000. That's $138.30 per sqft. Prior to that sales transaction, the property was also sold in Sep 18, 2020 for $139,900. 903 Freeman Street was last assessed in 2024. The total value of the property was assessed at $38,950. Specifically, the land the property is located on was valued at $6,250. While improvements on the property were assessed at a total of $32,700. 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 $580. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • 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: Finished improved basement
  • Basement Area: 276
  • Garage Type: Garage
  • Garage Square Area: 276
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,410
  • Gross Building Area: 1,410
  • Building Area: 1,410
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,410
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: DONOHO FARM ADD NO 1
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DONOHO FARM ADD NO 1 PB DB56 PG 464 BLK A 17 THRU 20 100 X 160

Ownership

  • Current Owner : MAYO HUNTER
  • Previous Owner : FITTIN JESSE
  • Owner Before Previous Owner: PIPPIN ANN I
  • Owner Before Previous Owner 2: PIPPIN JERRY
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Macon County School District
  • School Tax School District: 56389
  • Census Tract: 970301

Geography

  • Assessors Map Reference: 050J
  • District: 01
  • Parcel: 050J-D-023.00
  • Block: A
  • Municipality: MACON - LAFAYETTE
  • Latitude: 36.5291
  • Longitude: -86.0239

    Address

  • Full Address: 903 Freeman St
  • Address - House Number: 903
  • Address - Street Name: Freeman
  • Address - Suffix Type: St
  • State: TN
  • City Name: Lafayette
  • Carrier Code: C002
  • 4-Digit Zip Code: 1440
  • Zip Code: 37083

Valuation

    Tax

  • Total Area: 1,134
  • Tax Year: 2022
  • Tax Amount: $580
  • Tax Rate Code Area: 56A01

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 401,360
  • High Value: 585,638
  • Low Value: 217,081

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,010
  • First Open Lien Mortgage Lender: AMERISAVE MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jan 30, 2023
  • First Open Lien Mortgage Loan Amount: $175,010
  • 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: Feb 01, 2053

    Market Valuation

  • Market Total Value: $155,800
  • Market Land Value: $25,000
  • Market Improvement Value: $130,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $38,950
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $32,700

    Sales

  • Current Sale Contract Date: Jan 20, 2023
  • Current Sale Recording Date: Jan 30, 2023
  • Current Sale Transaction ID: 11901585041
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 272
  • Previous Sale Recording Date: Sep 22, 2020
  • Previous Sale Contract Date: Sep 18, 2020
  • Previous Sale Amount: $139,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERISAVE MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Jan 30, 2023
  • First Mortgage Loan Amount: $175,010
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CALIBER HOME LOANS INC
  • Previous Mortgage Transaction Date: Sep 22, 2020
  • Previous Mortgage Loan Amount: $132,554
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2050

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 903 Freeman Street located in?
The 903 Freeman Street is a house located in the neighborhood of Macon in Lafayette, Lafayette.
What is the average sales price for listings in 903 Freeman Street?
The average sales price for units in 903 Freeman Street is $139,900 , or $99/sqft. currently.

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