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423 Waters Edge Drive

423 Waters Edge Drive, Estill Springs, TN 37330
Property in Franklin
Sold Oct 27, 2014
$670,000
$469,000 by First Community Mortgage
Mortgage Due Oct 27, 2044
Sold Sep 04, 2001
$119,000
$118,329 by Regions Bank
Mortgage Due Aug 31, 2011
423 Waters Edge Drive has been categorized by the local assessors in Estill Springs, TN as a residential type of property. The building on the property was first built in 2005 and is 19 years old. However, we must point out that the home was most recently renovated and altered in 2007. Residents will have access to 4 full bathrooms. There are 4 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, 423 Waters Edge Drive has 4,137 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,682 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,420 ft and across the front of the lot is 610 ft. The area measurement of the land has been determined as 14,762 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 540 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. 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 B by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer 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, 423 Waters Edge Drive sold most recently in Oct 27, 2014 for a total of $670,000. If you work out the math, that's approximately a cost of $161.95 per sqft. Before that, the property was also sold for $119,000 in Jan 1, 1970. 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 $4,249 in taxes each year. 423 Waters Edge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $226,600. If we break it down further, the land itself was valued at $87,500. Improvements to the property, however, were assessed at a total of $139,100. 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.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Brick
  • 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
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,682
  • Parking Type: Attached
  • Garage Square Area: 540
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,762
  • Lot Size Depth Feet: 2,420
  • Lot Size Frontage Feet: 610
  • Total Building Area: 4,137
  • Building Area: 4,137
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,137
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WATERSEDGE EST PHASE I
  • Land Acres: 0.339
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 15, COUNTY AREA: L47

Ownership

  • Current Owner : CATINO JAMES
  • Current Owner 2: CATINO MOLLY
  • Previous Owner : HILL ANGELA L
  • Owner Before Previous Owner: EDMONDSON KENNETH
  • Owner Before Previous Owner 2: EDMONDSON LINDA
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Franklin County School District
  • Census Tract: 960201

Geography

  • Assessors Map Reference: 045H
  • District: 15
  • Parcel: 026044E A 07200
  • Lot: 10
  • Latitude: 35.2433
  • Longitude: -86.138

    Address

  • Full Address: 423 Waters Edge Dr
  • Address - House Number: 423
  • Address - Street Name: Waters Edge
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Estill Springs
  • Carrier Code: R001
  • 4-Digit Zip Code: 3668
  • Zip Code: 37330

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,249
  • Tax Rate Code Area: 26A00

    Appraisal Valuation

  • Standard Deviation: 0.4923
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 1
  • Final Value: 1,002,236
  • High Value: 1,495,640
  • Low Value: 508,831

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $854,000
  • First Open Lien Mortgage Lender: FIRST COMMUNITY MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 27, 2014
  • First Open Lien Mortgage Loan Amount: $469,000
  • 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: Oct 27, 2044
  • Second Open Lien Mortgage Lender: BANK OF ENGLAND
  • Second Open Lien Mortgage Recording Date: Feb 01, 2021
  • Second Open Lien Mortgage Loan Amount: $385,000
  • Second Open Lien Mortgage Term: 110
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2030

    Market Valuation

  • Market Total Value: $906,400
  • Market Land Value: $350,000
  • Market Improvement Value: $556,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,600
  • Assessed Land Value: $87,500
  • Assessed Improvements Value: $139,100

    Sales

  • Current Sale Contract Date: Oct 27, 2014
  • Current Sale Recording Date: Oct 27, 2014
  • Current Sale Transaction ID: 11444454732
  • Current Sale Price: $670,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14005542
  • Previous Sale Recording Date: Sep 04, 2001
  • Previous Sale Amount: $119,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY MORTGAGE
  • First Mortgage Transaction Date: Oct 27, 2014
  • First Mortgage Loan Amount: $469,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Sep 04, 2001
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $118,329
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Due Date: Aug 31, 2011

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 423 Waters Edge Drive located in?
The 423 Waters Edge Drive is a located in the neighborhood of Franklin in Franklin, Estill Springs.
What is the average sales price for listings in 423 Waters Edge Drive?
The average sales price for units in 423 Waters Edge Drive is $0 currently.

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