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1058 Fog Hill Lane

1058 Fog Hill Lane, Lenoir City, TN 37771
House in Loudon
Sold Jul 13, 2020
$450,000
$200,000 by Cogent Bank
Mortgage Due Aug 01, 2050
1058 Fog Hill Lane in Lenoir City, TN was first built in 1982 and is 42 years old. Although, the building on the property was most recently renovated and altered in 2006. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 1058 Fog Hill Lane has 2,708 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 1,352 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 321,473 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of metal. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 576 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 a packaged air conditioning unit. 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, 1058 Fog Hill Lane sold most recently in Jul 10, 2020 for a total of $450,000. If you work out the math, that's approximately a cost of $110.84 per sqft. 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 $1,645 in taxes each year. 1058 Fog Hill Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $108,325. If we break it down further, the land itself was valued at $39,475. Improvements to the property, however, were assessed at a total of $68,850. 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. 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.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

Parking

Carport
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 1,352
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 321,473
  • Total Building Area: 4,060
  • Gross Building Area: 4,372
  • Building Area: 2,708
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,708
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 7.38
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 05 006 006 00601 000

Ownership

  • Current Owner : JACOBS DONALD L
  • Current Owner 2: JACOBS MARYHELEN
  • Previous Owner : LEE JACK E
  • Previous Owner 2: LEE STELLA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Lenoir City School District
  • Census Tract: 060100

Zoning

  • Zoning: A2

Geography

  • Assessors Map Reference: 005
  • District: 05
  • Parcel: 005-016.00
  • Municipality: LOUDON COUNTY
  • Latitude: 35.8681
  • Longitude: -84.3226

    Address

  • Full Address: 1058 Fog Hill Ln
  • Address - House Number: 1058
  • Address - Street Name: Fog Hill
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Lenoir City
  • Carrier Code: R001
  • 4-Digit Zip Code: 7575
  • Zip Code: 37771

Valuation

    Tax

  • Total Area: 2,708
  • Tax Year: 2022
  • Tax Amount: $1,645
  • Tax Rate Code Area: 53A00

    Appraisal Valuation

  • Standard Deviation: 0.1698
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 691,256
  • High Value: 808,698
  • Low Value: 573,814

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Jul 13, 2020
  • First Open Lien Mortgage Loan Amount: $200,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $433,300
  • Market Land Value: $157,900
  • Market Improvement Value: $275,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $108,325
  • Assessed Land Value: $39,475
  • Assessed Improvements Value: $68,850

    Sales

  • Current Sale Contract Date: Jul 10, 2020
  • Current Sale Recording Date: Jul 13, 2020
  • Current Sale Transaction ID: 11772740334
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20006647

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Jul 13, 2020
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Lenoir City



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Frequently Asked Questions

What neighborhood is 1058 Fog Hill Lane located in?
The 1058 Fog Hill Lane is a house located in the neighborhood of Loudon in Lenoir City, Lenoir City.
What is the average sales price for listings in 1058 Fog Hill Lane?
The average sales price for units in 1058 Fog Hill Lane is $0 currently.

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