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502 South Trenton Street

502 South Trenton Street, Rutherford, TN 38369
Property in Gibson
Sold Jul 07, 2017
$44,500
$43,693 by Quicken Loans Inc
Mortgage Due Aug 01, 2032
Sold Dec 13, 2004
$58,000
502 South Trenton Street has been categorized by the local assessors in Rutherford, TN as a residential type of property. The building on the property was first built in 1947 and is 77 years old. However, we must point out that the home was most recently renovated and altered in 1976. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 502 South Trenton Street has 1,431 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,150 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 15,050 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 carport for those who require parking. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a open porch. 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 building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of unknown. 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 a packaged air conditioning unit 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. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 502 South Trenton Street sold most recently in Jul 6, 2017 for a total of $44,500. If you work out the math, that's approximately a cost of $31.10 per sqft. Before that, the property was also sold for $58,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $452 in taxes each year. 502 South Trenton Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $14,850. If we break it down further, the land itself was valued at $1,550. Improvements to the property, however, were assessed at a total of $13,300. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1947
  • Effective Year Built: 1976
  • 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: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,050
  • Lot Size Depth Feet: 2,150
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,431
  • Building Area: 1,431
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,431
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.346
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 09, COUNTY AREA: F01

Ownership

  • Current Owner : VAUGHN VAUGHN DARIUS DARIUS
  • Current Owner 2: VAUGHN CHARENTHIA
  • Owner Before Previous Owner: SHOAF DAVID B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Gibson County School District
  • School Tax School District: 27626
  • Census Tract: 966100

Geography

  • Assessors Map Reference: 031I
  • District: 09
  • Parcel: 027031I A 01300
  • Municipality: RUTHERFORD CITY
  • Latitude: 36.122
  • Longitude: -88.986

    Address

  • Full Address: 502 S Trenton St
  • Address - House Number: 502
  • Street Direction: S
  • Address - Street Name: Trenton
  • Address - Suffix Type: St
  • State: TN
  • City Name: Rutherford
  • Carrier Code: R003
  • 4-Digit Zip Code: 9738
  • Zip Code: 38369

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $452
  • Tax Rate Code Area: 27B08

    Appraisal Valuation

  • Standard Deviation: 0.4959
  • Valuation Date: Mar 27, 2024
  • Final Value: 43,777
  • High Value: 65,488
  • Low Value: 22,065

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $46,093
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jul 07, 2017
  • First Open Lien Mortgage Loan Amount: $43,693
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2032
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Mar 25, 2024
  • Second Open Lien Mortgage Loan Amount: $2,400
  • Second Open Lien Mortgage Term: 308
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $59,400
  • Market Land Value: $6,200
  • Market Improvement Value: $53,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $14,850
  • Assessed Land Value: $1,550
  • Assessed Improvements Value: $13,300

    Sales

  • Current Sale Contract Date: Jul 06, 2017
  • Current Sale Recording Date: Jul 07, 2017
  • Current Sale Transaction ID: 1732653701
  • Current Sale Price: $44,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 171584
  • Previous Sale Recording Date: Dec 13, 2004
  • Previous Sale Amount: $58,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Jul 07, 2017
  • First Mortgage Loan Amount: $43,693
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2032

About Rutherford



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Frequently Asked Questions

What neighborhood is 502 South Trenton Street located in?
The 502 South Trenton Street is a located in the neighborhood of Gibson in Rutherford, Rutherford.
What is the average sales price for listings in 502 South Trenton Street?
The average sales price for units in 502 South Trenton Street is $0 currently.

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