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975 County Road 316

975 County Road 316, Niota, TN 37826
Land in McMinn
Sold Jul 19, 2021
$334,900
$318,155 by Mortgage Investors Group Inc
Mortgage Due Aug 01, 2051
Sold Aug 19, 2015
$12,000
975 County Road 316 has been categorized by the local assessors in Niota, TN as a residential type of property. The building on the property was first built in 2021 and is 3 years old. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 975 County Road 316 has 1,542 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 43,560 square feet.

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 528 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. 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 air conditioning 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. The property was last sold in Jul 16, 2021 for $334,900. That's $217.19 per sqft. Prior to that sales transaction, the property was also sold in Aug 7, 2015 for $12,000. 975 County Road 316 was last assessed in 2023. The total value of the property was assessed at $67,675. Specifically, the land the property is located on was valued at $3,900. While improvements on the property were assessed at a total of $63,775. 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 $732. The initial tax year of delinquency was in 2018. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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 Venner Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • 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: 2
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,542
  • Building Area: 1,542
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,542
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RARITY MEADOWS PHASE ONE
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 02, COUNTY AREA: A01

Ownership

  • Current Owner : FOWLER CHRISTOPHER C
  • Current Owner 2: FOWLER HEATHER A
  • Previous Owner : SWEETWATER LAND COMPANY INC
  • Owner Before Previous Owner: RM CO LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: McMinn County School District
  • Census Tract: 970104

Geography

  • Assessors Map Reference: 010O
  • District: 02
  • Parcel: 054010O A 01600
  • Lot: 81
  • Latitude: 35.5967
  • Longitude: -84.5748

    Address

  • Full Address: 975 County Road 316
  • Address - House Number: 975
  • Address - Street Name: County Road 316
  • State: TN
  • City Name: Niota
  • Carrier Code: R002
  • 4-Digit Zip Code: 2458
  • Zip Code: 37826

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $732
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 54A00

    Appraisal Valuation

  • Standard Deviation: 0.461
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 51
  • Final Value: 425,201
  • High Value: 566,541
  • Low Value: 283,861

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $318,155
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Jul 19, 2021
  • First Open Lien Mortgage Loan Amount: $318,155
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $270,700
  • Market Land Value: $15,600
  • Market Improvement Value: $255,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,675
  • Assessed Land Value: $3,900
  • Assessed Improvements Value: $63,775

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 19, 2021
  • Current Sale Transaction ID: 11843662165
  • Current Sale Price: $334,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 227203
  • Previous Sale Recording Date: Aug 19, 2015
  • Previous Sale Contract Date: Aug 07, 2015
  • Previous Sale Amount: $12,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Jul 19, 2021
  • First Mortgage Loan Amount: $318,155
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About McMinn



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 975 County Road 316 located in?
The 975 County Road 316 is a land located in the neighborhood of McMinn in McMinn, Niota.
What is the average sales price for listings in 975 County Road 316?
The average sales price for units in 975 County Road 316 is $0 currently.

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