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1016 Lake Rise Overlook

1016 Lake Rise Overlook, Gallatin, TN 37066
House in Sumner
Sold Nov 05, 2019
$362,000
$355,171 by Newrez Llc
Mortgage Due Aug 01, 2050
Sold Jul 08, 2005
$289,950
$231,900 by Countrywide Mortgage Ventures
Mortgage Due Jul 01, 2035
1016 Lake Rise Overlook in Gallatin, TN was first built in 2005 and is 19 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1016 Lake Rise Overlook has 2,489 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 385 sqft and has been categorized as a building with no basement. The linear feet across the front of the lot is 1,127 ft and the linear feet between the front and back of the lot is 2,801. In total, the area measurement of the land is 31,360 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 770 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 1016 Lake Rise Overlook sold most recently in Nov 1, 2019 for a total of $362,000. If you work out the math, that's approximately a cost of $145.44 per sqft. Before that, the property was also sold for $289,950 in Jun 28, 2005. 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 $2,290 in taxes each year. 1016 Lake Rise Overlook was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $101,675. If we break it down further, the land itself was valued at $30,000. Improvements to the property, however, were assessed at a total of $71,675. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • 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: 385
  • Parking Type: Attached
  • Garage Square Area: 770
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 31,360
  • Lot Size Depth Feet: 2,801
  • Lot Size Frontage Feet: 1,127
  • Total Building Area: 2,489
  • Gross Building Area: 3,612
  • Building Area: 2,489
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,489
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKE RISE RESUB-LAKE
  • Land Acres: 0.72
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT: 18-12 PAGE: 123-223 BLOCK: LOT: 15-14 SUBD: LAKE RISE RESUB

Ownership

  • Current Owner : CONYER JOHN B
  • Current Owner 2: CONYER KRISTINA PEACH
  • Previous Owner : MICHAEL DAVID R
  • Previous Owner 2: MICHAEL TRACY N
  • Owner Before Previous Owner: WHEELER ALICE T
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Sumner County School District
  • Census Tract: 021203

Zoning

  • Zoning: RB

Geography

  • Assessors Map Reference: 158M
  • District: 04
  • Parcel: 083158M B 01900
  • Lot: 15-14
  • Latitude: 36.307
  • Longitude: -86.5246

    Address

  • Full Address: 1016 Lake Rise Overlook
  • Address - House Number: 1016
  • Address - Street Name: Lake Rise Overlook
  • State: TN
  • City Name: Gallatin
  • Carrier Code: R003
  • 4-Digit Zip Code: 5800
  • Zip Code: 37066

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,290
  • Tax Rate Code Area: 83A00

    Appraisal Valuation

  • Standard Deviation: 0.1955
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 644,876
  • High Value: 770,993
  • Low Value: 518,759

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $355,171
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Aug 18, 2020
  • First Open Lien Mortgage Loan Amount: $355,171
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $406,700
  • Market Land Value: $120,000
  • Market Improvement Value: $286,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,675
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $71,675

    Sales

  • Current Sale Contract Date: Nov 01, 2019
  • Current Sale Recording Date: Nov 05, 2019
  • Current Sale Transaction ID: 11679753326
  • Current Sale Price: $362,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1289066
  • Previous Sale Recording Date: Jul 08, 2005
  • Previous Sale Contract Date: Jun 28, 2005
  • Previous Sale Amount: $289,950
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Nov 05, 2019
  • First Mortgage Loan Amount: $355,443
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE MORTGAGE VENTURES
  • Previous Mortgage Transaction Date: Jul 08, 2005
  • Previous Mortgage Loan Amount: $231,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jul 01, 2035

About Sumner



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Frequently Asked Questions

What neighborhood is 1016 Lake Rise Overlook located in?
The 1016 Lake Rise Overlook is a house located in the neighborhood of Sumner in Sumner, Gallatin.
What is the average sales price for listings in 1016 Lake Rise Overlook?
The average sales price for units in 1016 Lake Rise Overlook is $0 currently.

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