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1081 College Street

1081 College Street, Milan, TN 38358
Property in Gibson
Sold Apr 30, 2021
$79,000
$80,505 by Firstbank
Mortgage Due May 01, 2051
Sold Aug 28, 2015
$87,620
1081 College Street in Milan, TN was first built in 1910 and is 114 years old. Although, the building on the property was most recently renovated and altered in 1968. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1081 College Street has 2,120 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. The linear feet across the front of the lot is 1,220 ft and the linear feet between the front and back of the lot is 1,930. In total, the area measurement of the land is 23,546 square feet.

Learn more about the property and building on this page. There is a screened porch. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a carport. The garage is 600 sqft. There are a total of 2 available parking spaces. 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 a packaged air conditioning unit. As for heating, the home is utilizing a heating system. The property was last sold in Apr 21, 2021 for $79,000. That's $37.26 per sqft. Prior to that sales transaction, the property was also sold in Aug 25, 2015 for $87,620. 1081 College Street was last assessed in 2022. The total value of the property was assessed at $20,325. Specifically, the land the property is located on was valued at $3,000. While improvements on the property were assessed at a total of $17,325. 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 $649. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1968
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 23,546
  • Lot Size Depth Feet: 1,930
  • Lot Size Frontage Feet: 1,220
  • Total Building Area: 2,120
  • Building Area: 2,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.541
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 13, COUNTY AREA: M10

Ownership

  • Current Owner : FLATT NATASHA SERENA RENFROE
  • Previous Owner : FIRST BANK
  • Owner Before Previous Owner: CARTER MICHAEL A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Milan Special School District
  • School Tax School District: 27485
  • Census Tract: 966502

Geography

  • Assessors Map Reference: 140F
  • District: 13
  • Parcel: 027140F E 01200
  • Municipality: MILAN CITY
  • Latitude: 35.9153
  • Longitude: -88.7571

    Address

  • Full Address: 1081 College St
  • Address - House Number: 1081
  • Address - Street Name: College
  • Address - Suffix Type: St
  • State: TN
  • City Name: Milan
  • Carrier Code: C001
  • 4-Digit Zip Code: 3001
  • Zip Code: 38358

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $649
  • Tax Rate Code Area: 27E07

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 68
  • Final Value: 106,273
  • High Value: 123,028
  • Low Value: 89,517

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,505
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Apr 30, 2021
  • First Open Lien Mortgage Loan Amount: $80,505
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $81,300
  • Market Land Value: $12,000
  • Market Improvement Value: $69,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,325
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $17,325

    Sales

  • Current Sale Contract Date: Apr 21, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Transaction ID: 11834559062
  • Current Sale Price: $79,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 205079
  • Previous Sale Recording Date: Aug 28, 2015
  • Previous Sale Contract Date: Aug 25, 2015
  • Previous Sale Amount: $87,620
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Apr 30, 2021
  • First Mortgage Loan Amount: $80,505
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

About Milan



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Frequently Asked Questions

What neighborhood is 1081 College Street located in?
The 1081 College Street is a located in the neighborhood of Gibson in Milan, Milan.
What is the average sales price for listings in 1081 College Street?
The average sales price for units in 1081 College Street is $0 currently.

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