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5234 Shetland Trail

5234 Shetland Trail, Arlington, TN 38002
Property in Arlington Trace
Sold Aug 24, 2020
$345,000
$327,750 by Iberiabank
Mortgage Due Sep 01, 2050
Sold Oct 10, 2005
$41,215
$175,800 by 1st Trust Bank For Savings
Mortgage Due May 01, 2036
5234 Shetland Trail has been categorized by the local assessors in Arlington, TN as a residential type of property. The building on the property was first built in 2006 and is 18 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. 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, 5234 Shetland Trail has 3,653 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 1,350 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 10,125 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a traditional style.

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 attached garage for those who require parking. The garage measured 483 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. 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 D by the local assessor. The exterior walls of the building are made of brick veneer. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5234 Shetland Trail was last sold in Aug 21, 2020 for $345,000. According to our calculations, that's $83.41 per sqft. Prior to that sales transaction, the property was sold for $41,215 in Oct 7, 2005. Current property owners are expected to pay $4,035 in taxes per year. The property on 5234 Shetland Trail was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $86,400. To break that down further, the land itself was valued at $13,275. While improvements to the property were assessed at a total of $73,125. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,125
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 750
  • Total Building Area: 4,136
  • Gross Building Area: 4,136
  • Building Area: 3,653
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,653
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARLINGTON TRACE PD 1ST ADDITION
  • Land Acres: 0.232
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ES SHETLAND TRAIL SEE MAP GRID 77

Ownership

  • Current Owner : WALLEY MICHAEL CHRISTOPHER
  • Current Owner 2: WALLEY MAGDA ORTIZ
  • Previous Owner : BRYANT KEVIN
  • Previous Owner 2: BRYANT BRITNEY
  • Owner Before Previous Owner: ARLINGTON TRACE LLC

Neighborhood

  • School District Name: Arlington Community School District
  • Census Tract: 020901

Zoning

  • Zoning: RS-18 PD

Geography

  • Assessors Map Reference: MB 223-014
  • District: A
  • Parcel: A0-141W-A0-0005
  • Lot: 108
  • Municipality: ARLINGTON
  • Latitude: 35.2686
  • Longitude: -89.6907

    Address

  • Full Address: 5234 Shetland Trl
  • Address - House Number: 5234
  • Address - Street Name: Shetland
  • Address - Suffix Type: Trl
  • State: TN
  • City Name: Arlington
  • Carrier Code: R015
  • 4-Digit Zip Code: 8367
  • Zip Code: 38002

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,035

    Appraisal Valuation

  • Standard Deviation: 0.1966
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 73
  • Final Value: 466,202
  • High Value: 557,891
  • Low Value: 374,514

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $327,750
  • First Open Lien Mortgage Lender: IBERIABANK
  • First Open Lien Mortgage Recording Date: Aug 24, 2020
  • First Open Lien Mortgage Loan Amount: $327,750
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $345,600
  • Market Land Value: $53,100
  • Market Improvement Value: $292,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $86,400
  • Assessed Land Value: $13,275
  • Assessed Improvements Value: $73,125

    Sales

  • Current Sale Contract Date: Aug 21, 2020
  • Current Sale Recording Date: Aug 24, 2020
  • Current Sale Transaction ID: 11783393026
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8089774
  • Previous Sale Recording Date: Oct 10, 2005
  • Previous Sale Contract Date: Oct 07, 2005
  • Previous Sale Amount: $41,215
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: IBERIABANK
  • First Mortgage Transaction Date: Aug 24, 2020
  • First Mortgage Loan Amount: $327,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: 1ST TRUST BANK FOR SAVINGS
  • Previous Mortgage Transaction Date: Oct 10, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $175,800
  • Previous Mortgage Term: 366
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: May 01, 2036

About Arlington Trace



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Frequently Asked Questions

What neighborhood is 5234 Shetland Trail located in?
The 5234 Shetland Trail is a located in the neighborhood of Arlington Trace in Arlington Trace, Arlington.
What is the average sales price for listings in 5234 Shetland Trail?
The average sales price for units in 5234 Shetland Trail is $0 currently.

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