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$20,997  $15,397.63

0.21 acres | Residential Zoning

This property on the outskirts of the city of Jackson, Tennessee has a lot to offer. It is in a nice area with homes across the street and vacant land to the west. The property has trees at the back and grass in front. There is a gentle slope upward so the back of the property is about 10 feet higher than the front. This means if you build toward the back you will have a great view of the surrounding countryside. All utilities are in the area and there is a nice paved road in front.

Land Specifics Foreclosed

Property Number 12568
Size 0.21 acres
Dimensions 50' x 180'
Road Access Paved Road
Slope Description Mostly Flat
Zoning Residential
Zoning Code RG-1 (General Residential)
Zoning Definition

RG-1 (General Residential): Permitted uses include Detached single-family dwellings but not including trailers or mobile homes, Agriculture crops, but not the raising of farm animals or poultry, Two-family dwellings. Property setbacks: Front 25 ft, Side 8 ft, Rear 10 ft. Lot area: single family 7,500 sq ft; two family 9,000 sq ft. Max lot coverage 30%. Max height 2 ½ stories.

On Property Usage/Potential
  • Homesite
Nearby Usage
  • Commercial

Location

County Madison
State Tennessee
Property Video Tour
Other Maps

Additional Information

Assessor Parcel Number (APN) 057 078ME 02800
Estimated Annual Taxes $20.00
Legal Description

BEGINNING at a stake in the south margin of Second Street at the northeast
corner of Lot #2, and runs thence South with the east line of Lot No. 2 a
distance of 180 feet to a stake at the corner of Lot #2, #13, and #12, and runs
thence East 50 feet to a stake at the corner of Lots #12, #11, and #4; runs thence
North with the west line of Lot #4 a distance of 180 feet to a stake in the south
margin of said Second Street; runs thence West with the south margin of said
street 50 feet to the point of beginning. Same being Lot No. 3, Block 2 of the
Hillcrest Circle Second Subdivision.

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Finance Terms

Foreclosed
Original Price $20,997
Purchase Price $15,397.63
Interest Rate 11.7%
Loan Term 7 years 6 months
Total Monthly Payment $269.41

Due Today

Cost to Bring Current $250.12
Down Payment $0.00
Document Fee $0.00
Transfer Tax $56.97
Total Due Today: $307.09

Pay in Full Terms

Foreclosed
Original Price $20,997
Purchase Price $15,397.63
Your Pay in Full Discount -$3,079.53
Your Price Today = $12,318.10
Document Fee + $299.00
Cost to Bring Current + $250.12
Transfer Tax + $56.97
Total Due Today $12,924.19
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