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114 Gayle Lane

114 Gayle Lane, Murfreesboro, TN 37130
House in Rutherford
Sold Sep 16, 2020
$200,000
$78,000 by Iberiabank
Mortgage Due Oct 01, 2050
Sold Aug 22, 2016
$240,000
$228,000 by Swbc Mortgage Corp
Mortgage Due Sep 01, 2046
Local assessors in Murfreesboro, TN have categorized 114 Gayle Lane as a residential type of property. The home was built in 1920 and is 104 years old. It was most recently renovated and altered in 2005. The property's lot size has been calculated to be 5,512 square feet. The linear feet between the front and back of the lot was measured at 1,060 ft and the front of the lot was measured at 520 ft. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 114 Gayle Lane has a total of 1,584 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - B. 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 plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 114 Gayle Lane sold most recently in Sep 6, 2020 for a total of $200,000. If you work out the math, that's approximately a cost of $126.26 per sqft. Before that, the property was also sold for $240,000 in Aug 12, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,939 in taxes each year. 114 Gayle Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $68,525. If we break it down further, the land itself was valued at $15,000. Improvements to the property, however, were assessed at a total of $53,525. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

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

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,512
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,584
  • Building Area: 1,584
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,584
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.127
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)
  • Legal Description 1: 52 X 106

Ownership

  • Current Owner : JONES GENE
  • Current Owner 2: JONES DEBRA
  • Previous Owner : DAVIDSON DOUGLAS W
  • Previous Owner 2: STONE ANN
  • Owner Before Previous Owner: MIRANDA JUDY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rutherford County School District in Murfreesboro
  • Census Tract: 041601

Geography

  • Account Number: R0056167
  • District: 515
  • Parcel: 091M-F-017.00-000
  • Municipality: MURFREESBORO
  • Latitude: 35.8445
  • Longitude: -86.383

    Address

  • Full Address: 114 Gayle Ln
  • Address - House Number: 114
  • Address - Street Name: Gayle
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Murfreesboro
  • Carrier Code: C039
  • 4-Digit Zip Code: 4367
  • Zip Code: 37130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,939

    Appraisal Valuation

  • Standard Deviation: 0.1607
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 79
  • Final Value: 355,758
  • High Value: 412,936
  • Low Value: 298,580

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $128,000
  • First Open Lien Mortgage Lender: IBERIABANK
  • First Open Lien Mortgage Recording Date: Sep 16, 2020
  • First Open Lien Mortgage Loan Amount: $78,000
  • 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: Oct 01, 2050
  • Second Open Lien Mortgage Lender: REGIONS BANK
  • Second Open Lien Mortgage Recording Date: Feb 04, 2021
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 17, 2051

    Market Valuation

  • Market Total Value: $274,100
  • Market Land Value: $60,000
  • Market Improvement Value: $214,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,525
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $53,525

    Sales

  • Current Sale Contract Date: Sep 06, 2020
  • Current Sale Recording Date: Sep 16, 2020
  • Current Sale Transaction ID: 11789926210
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2304241
  • Previous Sale Recording Date: Aug 22, 2016
  • Previous Sale Contract Date: Aug 12, 2016
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: IBERIABANK
  • First Mortgage Transaction Date: Sep 16, 2020
  • First Mortgage Loan Amount: $78,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: SWBC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 22, 2016
  • Previous Mortgage Loan Amount: $228,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Murfreesboro



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Frequently Asked Questions

What neighborhood is 114 Gayle Lane located in?
The 114 Gayle Lane is a house located in the neighborhood of Rutherford in Murfreesboro, Murfreesboro.
What is the average sales price for listings in 114 Gayle Lane?
The average sales price for units in 114 Gayle Lane is $0 currently.

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