1061 Old Midway Road

1061 Old Midway Road in Lenoir City, TN was first built in 1993 and is 31 years old. 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. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 1061 Old Midway Road has 2,580 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 1,590 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 22,651 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 composition shingle. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a carport. The garage is 484 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B+. 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 heat pump. 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. The property was last sold in Nov 5, 2021 for $410,000. That's $98.32 per sqft. Prior to that sales transaction, the property was also sold in Nov 5, 2021 for $410,000. 1061 Old Midway Road was last assessed in 2024. The total value of the property was assessed at $79,425. Specifically, the land the property is located on was valued at $10,300. While improvements on the property were assessed at a total of $69,125. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,206. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.