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1987 Fezzell Road

1987 Fezzell Road, Decatur, TN 37322
Property in Meigs
Sold Nov 20, 2015
$80,000
$78,551 by American Finance
Mortgage Due Dec 01, 2045
Sold Apr 21, 2015
$61,200
1987 Fezzell Road has been categorized by the local assessors in Decatur, TN as a residential type of property. The building on the property was first built in 2001 and is 23 years old. In addition, 1987 Fezzell Road has 1,680 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 219,107 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 inside of the home is being cooled with central air conditioning at the moment. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Nov 16, 2015 for $80,000. That's $47.62 per sqft. Prior to that sales transaction, the property was also sold in Apr 15, 2015 for $61,200. 1987 Fezzell Road was last assessed in 2022. The total value of the property was assessed at $16,050. Specifically, the land the property is located on was valued at $8,350. While improvements on the property were assessed at a total of $7,700. 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 $271. 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. 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: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 219,107
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,680
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LOT 6
  • Land Acres: 5.03
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: DISTRICT: 03, COUNTY AREA: B01

Ownership

  • Current Owner : JOHNSON MEGAN M
  • Previous Owner : VANDERBILT MTG AND FINANCE INC
  • Owner Before Previous Owner: COOK RICKY E
  • Ownership Rights Codes: Company/Corporation

Neighborhood

  • School District Name: Meigs County School District
  • Census Tract: 960100

Zoning

  • Zoning: FAR

Geography

  • Assessors Map Reference: 020
  • District: 03
  • Parcel: 061020 02906
  • Lot: 6
  • Latitude: 35.6189
  • Longitude: -84.7187

    Address

  • Full Address: 1987 Fezzell Rd
  • Address - House Number: 1987
  • Address - Street Name: Fezzell
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Decatur
  • Carrier Code: R002
  • 4-Digit Zip Code: 3281
  • Zip Code: 37322

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $271
  • Tax Rate Code Area: 61A00

    Appraisal Valuation

  • Standard Deviation: 0.4585
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 8
  • Final Value: 93,666
  • High Value: 136,619
  • Low Value: 50,712

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $78,551
  • First Open Lien Mortgage Lender: AMERICAN FINANCE
  • First Open Lien Mortgage Recording Date: Nov 20, 2015
  • First Open Lien Mortgage Loan Amount: $78,551
  • 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: Dec 01, 2045

    Market Valuation

  • Market Total Value: $64,200
  • Market Land Value: $33,400
  • Market Improvement Value: $30,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,050
  • Assessed Land Value: $8,350
  • Assessed Improvements Value: $7,700

    Sales

  • Current Sale Contract Date: Nov 16, 2015
  • Current Sale Recording Date: Nov 20, 2015
  • Current Sale Transaction ID: 1369117742
  • Current Sale Price: $80,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 27974
  • Previous Sale Recording Date: Apr 21, 2015
  • Previous Sale Contract Date: Apr 15, 2015
  • Previous Sale Amount: $61,200
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCE
  • First Mortgage Transaction Date: Nov 20, 2015
  • First Mortgage Loan Amount: $78,551
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2045

About Meigs



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Frequently Asked Questions

What neighborhood is 1987 Fezzell Road located in?
The 1987 Fezzell Road is a located in the neighborhood of Meigs in Meigs, Decatur.
What is the average sales price for listings in 1987 Fezzell Road?
The average sales price for units in 1987 Fezzell Road is $0 currently.

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