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938 Mulberry Street

938 Mulberry Street, Loudon, TN 37774
Commercial in Loudon
938 Mulberry Street has been categorized by the local assessors in Loudon, TN as a commercial type of property. The building on the property was first built in 1950 and is 74 years old. However, we must point out that the home was most recently renovated and altered in 1993. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 938 Mulberry Street has 1,152 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 880 ft. The area measurement of the land has been determined as 12,532 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 carport for those who require parking. The garage measured 288 sqft. According to our sources, there are a total of 2 available parking spaces. 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 unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. 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. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 938 Mulberry Street sold most recently in Mar 2, 2021 for a total of $120,000. If you work out the math, that's approximately a cost of $104.17 per sqft. Before that, the property was also sold for $85,000 in Apr 1, 2014. 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 $1,171 in taxes each year. 938 Mulberry Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $44,720. If we break it down further, the land itself was valued at $10,760. Improvements to the property, however, were assessed at a total of $33,960. 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 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.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200910
09/10/2020
Loft
-
1152 ft²
$149,900
bedrooms
Loft
bathrooms
-
square feet
1152 ft²
$120,000 -19.95%
03/04/2021
Tonya Bledsoe

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • 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: Vinyl
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 288
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,532
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 880
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,152
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: HUFF ADD
  • Land Acres: 0.288
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: HUFF ADD LOT: 44 01 044K A 044J 00300 000 87.5 X 150 M

Ownership

  • Current Owner : TRIPP REBEKAH
  • Previous Owner : BENNETT MICHAEL C
  • Owner Before Previous Owner: JULIAN EDWINA E

Neighborhood

  • School District Name: Loudon County School District
  • School Tax School District: 53434
  • Census Tract: 060600

Zoning

  • Zoning: P1

Geography

  • Assessors Map Reference: 040L
  • District: 01
  • Parcel: 040L-A-003.00
  • Lot: 44
  • Municipality: LOUDON
  • Latitude: 35.7312
  • Longitude: -84.3488

    Address

  • Full Address: 938 Mulberry St
  • Address - House Number: 938
  • Address - Street Name: Mulberry
  • Address - Suffix Type: St
  • State: TN
  • City Name: Loudon
  • Carrier Code: C002
  • 4-Digit Zip Code: 1341
  • Zip Code: 37774

Valuation

    Tax

  • Total Area: 1,152
  • Tax Year: 2022
  • Tax Amount: $1,171
  • Tax Rate Code Area: 53A03

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $146,000
  • First Open Lien Mortgage Lender: ORNL FCU
  • First Open Lien Mortgage Recording Date: Mar 04, 2021
  • First Open Lien Mortgage Loan Amount: $146,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $111,800
  • Market Land Value: $26,900
  • Market Improvement Value: $84,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $44,720
  • Assessed Land Value: $10,760
  • Assessed Improvements Value: $33,960

    Sales

  • Current Sale Contract Date: Mar 02, 2021
  • Current Sale Recording Date: Mar 04, 2021
  • Current Sale Transaction ID: 11824076826
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21002794
  • Previous Sale Recording Date: Apr 02, 2014
  • Previous Sale Contract Date: Apr 01, 2014
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ORNL FCU
  • First Mortgage Transaction Date: Mar 04, 2021
  • First Mortgage Loan Amount: $146,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

About Loudon



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 938 Mulberry Street located in?
The 938 Mulberry Street is a commercial located in the neighborhood of Loudon in Loudon, Loudon.
What is the average sales price for listings in 938 Mulberry Street?
The average sales price for units in 938 Mulberry Street is $125,000 , or $109/sqft. currently.

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