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490 Sinking Springs Road

490 Sinking Springs Road, Midway, TN 37809
Property in Greene
Sold Jul 14, 2020
$196,000
$125,020 by Farm Credit Mid America Flca
Mortgage Due Aug 01, 2040
Sold Sep 24, 2002
$162,500
Local assessors in Midway, TN have categorized 490 Sinking Springs Road as a residential type of property. The home was built in 1984 and is 40 years old. It was most recently renovated and altered in 1993. The property's lot size has been calculated to be 217,364 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 are 2 full bathrooms. 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 490 Sinking Springs Road has a total of 2,391 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 2,427 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 675 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back 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 - C. The building has a gable or hip style roof that was made of metal. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 490 Sinking Springs Road sold most recently in Jul 11, 2020 for a total of $196,000. If you work out the math, that's approximately a cost of $35.68 per sqft. Before that, the property was also sold for $162,500 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 $1,693 in taxes each year. 490 Sinking Springs Road was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $102,625. If we break it down further, the land itself was valued at $11,725. Improvements to the property, however, were assessed at a total of $90,900. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1984
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 2,427
  • Garage Type: Attached
  • Garage Square Area: 675
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 217,364
  • Total Building Area: 5,493
  • Gross Building Area: 5,493
  • Building Area: 2,391
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,391
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: JOHN T NEAS
  • Land Acres: 4.99
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JOHN T NEAS PB: A PG: 102 LOT: 2

Ownership

  • Current Owner : FARRIS STEVEN R
  • Current Owner 2: FARRIS STACEY A
  • Previous Owner : JEANETTE B ESTEP
  • Previous Owner 2: THE ESTEP LIVING TRUST
  • Owner Before Previous Owner: MISER WILLARD
  • Owner Before Previous Owner 2: MISER BEVERLY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Greene County School District
  • Census Tract: 091200

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: 095
  • District: 19
  • Parcel: 095-088.00
  • Lot: 2
  • Municipality: GREENE COUNTY
  • Latitude: 36.1695
  • Longitude: -83.0043

    Address

  • Full Address: 490 Sinking Springs Rd
  • Address - House Number: 490
  • Address - Street Name: Sinking Springs
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Midway
  • Carrier Code: R001
  • 4-Digit Zip Code: 3624
  • Zip Code: 37809

Valuation

    Tax

  • Total Area: 2,391
  • Tax Year: 2023
  • Tax Amount: $1,693
  • Tax Rate Code Area: 30A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 459,831
  • High Value: 670,955
  • Low Value: 248,706

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,020
  • First Open Lien Mortgage Lender: FARM CREDIT MID AMERICA FLCA
  • First Open Lien Mortgage Recording Date: Jul 14, 2020
  • First Open Lien Mortgage Loan Amount: $125,020
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2040

    Market Valuation

  • Market Total Value: $410,500
  • Market Land Value: $46,900
  • Market Improvement Value: $363,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $102,625
  • Assessed Land Value: $11,725
  • Assessed Improvements Value: $90,900

    Sales

  • Current Sale Contract Date: Jul 11, 2020
  • Current Sale Recording Date: Jul 14, 2020
  • Current Sale Transaction ID: 11773749515
  • Current Sale Price: $196,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20006079
  • Previous Sale Recording Date: Sep 24, 2002
  • Previous Sale Amount: $162,500
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FARM CREDIT MID AMERICA FLCA
  • First Mortgage Transaction Date: Jul 14, 2020
  • First Mortgage Loan Amount: $125,020
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Aug 01, 2040

About Greene



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Frequently Asked Questions

What neighborhood is 490 Sinking Springs Road located in?
The 490 Sinking Springs Road is a located in the neighborhood of Greene in Greene, Midway.
What is the average sales price for listings in 490 Sinking Springs Road?
The average sales price for units in 490 Sinking Springs Road is $0 currently.

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