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280 Oakfield Road

280 Oakfield Road, Oakfield, TN 38362
Property in Madison
Local assessors in Oakfield, TN have categorized 280 Oakfield Road as a commercial type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 130,680 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 280 Oakfield Road has a total of 21,099 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable or hip style roof that was made of composition shingle. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of unfinished materials. As for flooring, was the material of choice during construction. The home's a heating system is the primary heating source. 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, 280 Oakfield Road sold most recently in Jan 10, 2020 for a total of $128,200. If you work out the math, that's approximately a cost of $6.08 per sqft. Before that, the property was also sold for $110,000 in Aug 1, 2019. 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 $1,308 in taxes each year. The initial year of tax delinquency occurred in 2020. 280 Oakfield Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $69,800. If we break it down further, the land itself was valued at $12,160. Improvements to the property, however, were assessed at a total of $57,640. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 3
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Custom
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Unfinished materials
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 21,099
  • Gross Building Area: 21,099
  • Building Area: 21,099
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 21,099
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Land Acres: 3
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: DISTRICT: 06, COUNTY AREA: C50

Ownership

  • Current Owner : SMITH SHANNON
  • Previous Owner : TAJ PROPERTIES LLC
  • Owner Before Previous Owner: FULLER HARRY DAN

Neighborhood

  • School District Name: Jackson-Madison County School System
  • Census Tract: 001501

Zoning

  • Zoning: I3

Geography

  • Assessors Map Reference: 034
  • District: 06
  • Parcel: 034-025.00
  • Latitude: 35.7139
  • Longitude: -88.7924

    Address

  • Full Address: 280 Oakfield Rd
  • Address - House Number: 280
  • Address - Street Name: Oakfield
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Oakfield
  • Carrier Code: R001
  • 4-Digit Zip Code: 1000
  • Zip Code: 38362

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,308
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 57A00

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,000
  • First Open Lien Mortgage Lender: THE BANK OF MILAN
  • First Open Lien Mortgage Recording Date: Jan 16, 2020
  • First Open Lien Mortgage Loan Amount: $110,000
  • 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: Jan 15, 2025

    Market Valuation

  • Market Total Value: $174,500
  • Market Land Value: $30,400
  • Market Improvement Value: $144,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $69,800
  • Assessed Land Value: $12,160
  • Assessed Improvements Value: $57,640

    Sales

  • Current Sale Contract Date: Jan 10, 2020
  • Current Sale Recording Date: Jan 16, 2020
  • Current Sale Transaction ID: 11719357049
  • Current Sale Price: $128,200
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20000614
  • Previous Sale Recording Date: Aug 01, 2019
  • Previous Sale Contract Date: Aug 01, 2019
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: THE BANK OF MILAN
  • First Mortgage Transaction Date: Jan 16, 2020
  • First Mortgage Loan Amount: $110,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jan 15, 2025

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Frequently Asked Questions

What neighborhood is 280 Oakfield Road located in?
The 280 Oakfield Road is a located in the neighborhood of Madison in Madison, Oakfield.
What is the average sales price for listings in 280 Oakfield Road?
The average sales price for units in 280 Oakfield Road is $0 currently.

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