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500 Summitt Hill Road

500 Summitt Hill Road, Bulls Gap, TN 37711
Property in Hawkins
Sold May 15, 2019
$110,000
$108,007 by Academy Mortgage Corp
Mortgage Due Jun 01, 2049
Sold Dec 19, 2018
$85,500
500 Summitt Hill Road has been categorized by the local assessors in Bulls Gap, TN as a residential type of property. The building on the property was first built in 2014 and is 10 years old. 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, 500 Summitt Hill Road has 1,560 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. Fans of architecture and design would be interested in knowing that the building on the property was built in a mobile home 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. Residents will have the luxury of enjoying 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 roof of the building is made of composition shingle. The exterior walls of the building are made of unknown. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a municipal system. 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, 500 Summitt Hill Road was last sold in May 7, 2019 for $110,000. According to our calculations, that's $70.51 per sqft. Prior to that sales transaction, the property was sold for $85,500 in Dec 11, 2018. Current property owners are expected to pay $703 in taxes per year. The property on 500 Summitt Hill Road was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $30,225. To break that down further, the land itself was valued at $2,700. While improvements to the property were assessed at a total of $27,525. 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. 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. 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: 2014
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Mobile home
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

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

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,560
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FREDDIE WILLIAMS
  • Land Acres: 1
  • Standard Land Use Code: Residential (general) (single)
  • Mobile Home Indicator: T
  • Legal Description 1: FREDDIE WILLIAMS PB: CAB4 PG: 1208A

Ownership

  • Current Owner : MULLINS TERRY W
  • Previous Owner : VANDERBILT MORTGAGE AND FINANCE INC
  • Owner Before Previous Owner: WILLIAMS BELINDA JO
  • Owner Before Previous Owner 2: WILLIAMS CHRISTOPHER NICHOLAS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hawkins County School District
  • Census Tract: 050900

Geography

  • Assessors Map Reference: 153
  • District: 01
  • Parcel: 153-074.01
  • Latitude: 36.2922
  • Longitude: -83.0262

    Address

  • Full Address: 500 Summitt Hill Rd
  • Address - House Number: 500
  • Address - Street Name: Summitt Hill
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Bulls Gap
  • Carrier Code: R003
  • 4-Digit Zip Code: 3737
  • Zip Code: 37711

Valuation

    Tax

  • Total Area: 1,560
  • Tax Year: 2023
  • Tax Amount: $703
  • Tax Rate Code Area: 37A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 141,018
  • High Value: 205,764
  • Low Value: 76,271

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $113,507
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 15, 2019
  • First Open Lien Mortgage Loan Amount: $108,007
  • 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: Jun 01, 2049
  • Second Open Lien Mortgage Lender: TENNESSEE HOUSING DEVELOPMENT
  • Second Open Lien Mortgage Recording Date: May 15, 2019
  • Second Open Lien Mortgage Loan Amount: $5,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $120,900
  • Market Land Value: $10,800
  • Market Improvement Value: $110,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $30,225
  • Assessed Land Value: $2,700
  • Assessed Improvements Value: $27,525

    Sales

  • Current Sale Contract Date: May 07, 2019
  • Current Sale Recording Date: May 15, 2019
  • Current Sale Transaction ID: 11610580028
  • Current Sale Price: $110,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 19002849
  • Previous Sale Recording Date: Dec 19, 2018
  • Previous Sale Contract Date: Dec 11, 2018
  • Previous Sale Amount: $85,500
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: May 15, 2019
  • First Mortgage Loan Amount: $108,007
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2049

About Hawkins



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Frequently Asked Questions

What neighborhood is 500 Summitt Hill Road located in?
The 500 Summitt Hill Road is a located in the neighborhood of Hawkins in Hawkins, Bulls Gap.
What is the average sales price for listings in 500 Summitt Hill Road?
The average sales price for units in 500 Summitt Hill Road is $0 currently.

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