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1147 Payton Lane

1147 Payton Lane, Gallatin, TN 37066
Property in Sumner
Sold Aug 06, 2021
$629,950
$496,050 by Eustis Mortgage Corp
Mortgage Due Aug 01, 2051
Sold Nov 06, 2020
$85,000
1147 Payton Lane in Gallatin, TN was first built in 2021 and is 3 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1147 Payton Lane has 3,667 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 1,976 sqft and has been categorized as a building with no basement. In total, the area measurement of the land is 10,980 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 584 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 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1147 Payton Lane was last sold in Jul 29, 2021 for $629,950. According to our calculations, that's $171.79 per sqft. Prior to that sales transaction, the property was sold for $85,000 in Nov 4, 2020. Current property owners are expected to pay $3,578 in taxes per year. The property on 1147 Payton Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $117,225. To break that down further, the land itself was valued at $11,875. While improvements to the property were assessed at a total of $105,350. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Condition

New Construction

Exterior

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

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • 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
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 1,976
  • Parking Type: Attached
  • Garage Square Area: 584
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,980
  • Lot Size Frontage Feet: 0
  • Total Building Area: 3,667
  • Gross Building Area: 4,554
  • Building Area: 3,667
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,667
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: KENNESAW FARMS PH6 SEC2
  • Land Acres: 0.252
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PB32 PG252 LT91

Ownership

  • Current Owner : PAHL MICHELLE
  • Current Owner 2: PAHL CRAIG
  • Previous Owner : RIVERWOOD HOMES INC
  • Owner Before Previous Owner: KF LAND PARTNERS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Her Husband

Neighborhood

  • School District Name: Sumner County School District
  • School Tax School District: 83278
  • Census Tract: 020501

Geography

  • Parcel: 083136A A 02000
  • Block: 252
  • Lot: 91
  • Municipality: GALLATIN
  • Latitude: 36.3639
  • Longitude: -86.5099

    Address

  • Full Address: 1147 Payton Ln
  • Address - House Number: 1147
  • Address - Street Name: Payton
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Gallatin
  • Carrier Code: R027
  • 4-Digit Zip Code: 4555
  • Zip Code: 37066

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,578
  • Tax Rate Code Area: 83A01

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 779,980
  • High Value: 927,882
  • Low Value: 632,078

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $496,050
  • First Open Lien Mortgage Lender: EUSTIS MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Loan Amount: $496,050
  • 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, 2051

    Market Valuation

  • Market Total Value: $468,900
  • Market Land Value: $47,500
  • Market Improvement Value: $421,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $117,225
  • Assessed Land Value: $11,875
  • Assessed Improvements Value: $105,350

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11850751818
  • Current Sale Price: $629,950
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1376712
  • Previous Sale Recording Date: Nov 06, 2020
  • Previous Sale Contract Date: Nov 04, 2020
  • Previous Sale Amount: $85,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EUSTIS MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $496,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Gallatin



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1147 Payton Lane located in?
The 1147 Payton Lane is a located in the neighborhood of Sumner in Gallatin, Gallatin.
What is the average sales price for listings in 1147 Payton Lane?
The average sales price for units in 1147 Payton Lane is $0 currently.

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