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2417 Toll Gate Road

2417 Toll Gate Road, Petersburg, TN 37144
Property in Marshall
Sold Feb 09, 2021
$63,000
$51,000 by Heritage South Community Cu
Mortgage Due Feb 10, 2026
Sold Nov 24, 2020
$23,500
2417 Toll Gate Road in Petersburg, TN was first built in 1925 and is 99 years old. Although, the building on the property was most recently renovated and altered in 1966. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2417 Toll Gate Road has 876 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. In total, the area measurement of the land is 229,561 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 composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a carport. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. 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. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing no heating system. 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, 2417 Toll Gate Road sold most recently in Feb 5, 2021 for a total of $63,000. If you work out the math, that's approximately a cost of $71.92 per sqft. Before that, the property was also sold for $23,500 in Nov 24, 2020. 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 $370 in taxes each year. The initial year of tax delinquency occurred in 2021. 2417 Toll Gate Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $20,325. If we break it down further, the land itself was valued at $10,025. Improvements to the property, however, were assessed at a total of $10,300. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1966
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 229,561
  • Total Building Area: 876
  • Building Area: 876
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 876
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 5.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 5

Ownership

  • Current Owner : SOSA JUAN CARLOS GUZMAN
  • Current Owner 2: CASTELLANOS MORA LILIAN
  • Previous Owner : FARRAR MICHAEL
  • Owner Before Previous Owner: HOLLOWAY JOSEPH E
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Marshall County School District
  • Census Tract: 955500

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: 111
  • District: 05
  • Parcel: 059111 07600
  • Latitude: 35.3159
  • Longitude: -86.6879

    Address

  • Full Address: 2417 Toll Gate Rd
  • Address - House Number: 2417
  • Address - Street Name: Toll Gate
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Petersburg
  • Carrier Code: R001
  • 4-Digit Zip Code: 2301
  • Zip Code: 37144

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $370
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 59A00

    Appraisal Valuation

  • Standard Deviation: 0.174
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 65
  • Final Value: 134,698
  • High Value: 158,143
  • Low Value: 111,252

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $51,000
  • First Open Lien Mortgage Lender: HERITAGE SOUTH COMMUNITY CU
  • First Open Lien Mortgage Recording Date: Feb 09, 2021
  • First Open Lien Mortgage Loan Amount: $51,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Feb 10, 2026

    Market Valuation

  • Market Total Value: $81,300
  • Market Land Value: $40,100
  • Market Improvement Value: $41,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,325
  • Assessed Land Value: $10,025
  • Assessed Improvements Value: $10,300

    Sales

  • Current Sale Contract Date: Feb 05, 2021
  • Current Sale Recording Date: Feb 09, 2021
  • Current Sale Transaction ID: 11817559198
  • Current Sale Price: $63,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 222737
  • Previous Sale Recording Date: Nov 24, 2020
  • Previous Sale Contract Date: Nov 24, 2020
  • Previous Sale Amount: $23,500
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: HERITAGE SOUTH COMMUNITY CU
  • First Mortgage Transaction Date: Feb 09, 2021
  • First Mortgage Loan Amount: $51,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Feb 10, 2026

About Marshall



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Frequently Asked Questions

What neighborhood is 2417 Toll Gate Road located in?
The 2417 Toll Gate Road is a located in the neighborhood of Marshall in Marshall, Petersburg.
What is the average sales price for listings in 2417 Toll Gate Road?
The average sales price for units in 2417 Toll Gate Road is $0 currently.

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