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5560 Compass Way

5560 Compass Way, Christiana, TN 37037
Property in Rutherford
Sold Oct 27, 2022
$415,000
$419,191 by United Wholesale Mortgage Llc
Mortgage Due Nov 01, 2052
Sold Feb 22, 2021
$300,000
$279,000 by F & M Bank
Mortgage Due Mar 01, 2051
Local assessors in Christiana, TN have categorized 5560 Compass Way as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 6,672 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 556 ft. If we look only at the heated or air conditioned part of the building, then 5560 Compass Way has a total of 2,200 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. 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 400 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 gravel/rock. Lots of alum/vinyl siding 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. The home's a heat pump is the primary heating source. 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, 5560 Compass Way was last sold in Oct 21, 2022 for $415,000. According to our calculations, that's $188.64 per sqft. Prior to that sales transaction, the property was sold for $300,000 in Feb 11, 2021. Current property owners are expected to pay $1,557 in taxes per year. The property on 5560 Compass Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $83,000. To break that down further, the land itself was valued at $14,000. While improvements to the property were assessed at a total of $69,000. 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. 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!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: 2019
  • Effective Year Built: 2019
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 9
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Gravel/rock
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,672
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 556
  • Total Building Area: 2,200
  • Building Area: 2,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 2,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLEARVIEW ACRES SEC 1
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)

Ownership

  • Current Owner : LOYD RYAN E
  • Current Owner 2: LOYD MACKENZIE L
  • Previous Owner : ANDERSON ADAM W
  • Previous Owner 2: ANDERSON CHELSEA C
  • Owner Before Previous Owner: LEWIS SARA
  • Owner Before Previous Owner 2: LEWIS WILLIAM JAY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Rutherford County School District
  • Census Tract: 040704

Geography

  • Assessors Map Reference: 42-204
  • Account Number: R0120393
  • District: 000
  • Section: 1
  • Parcel: 159E-A-019.00-000
  • Lot: 57
  • Municipality: RUTHERFORD
  • Latitude: 35.7207
  • Longitude: -86.431

    Address

  • Full Address: 5560 Compass Way
  • Address - House Number: 5560
  • Address - Street Name: Compass
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Christiana
  • Carrier Code: R001
  • 4-Digit Zip Code: 1455
  • Zip Code: 37037

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,557

    Appraisal Valuation

  • Standard Deviation: 0.1488
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 82
  • Final Value: 434,789
  • High Value: 499,499
  • Low Value: 370,079

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $419,191
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 27, 2022
  • First Open Lien Mortgage Loan Amount: $419,191
  • 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: Nov 01, 2052

    Market Valuation

  • Market Total Value: $332,000
  • Market Land Value: $56,000
  • Market Improvement Value: $276,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,000
  • Assessed Land Value: $14,000
  • Assessed Improvements Value: $69,000

    Sales

  • Current Sale Contract Date: Oct 21, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Transaction ID: 11898073280
  • Current Sale Price: $415,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2469797
  • Previous Sale Recording Date: Feb 22, 2021
  • Previous Sale Contract Date: Feb 11, 2021
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 27, 2022
  • First Mortgage Loan Amount: $419,191
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: F & M BANK
  • Previous Mortgage Transaction Date: Feb 22, 2021
  • Previous Mortgage Loan Amount: $279,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2051

About Rutherford



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Frequently Asked Questions

What neighborhood is 5560 Compass Way located in?
The 5560 Compass Way is a located in the neighborhood of Rutherford in Rutherford, Christiana.
What is the average sales price for listings in 5560 Compass Way?
The average sales price for units in 5560 Compass Way is $0 currently.

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