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1201 Martin Lane

1201 Martin Lane, La Follette, TN 37766
Property in Campbell
Sold Jul 14, 2021
$215,000
$217,171 by Nations Direct Mortgage Llc
Mortgage Due Jul 01, 2051
Sold Oct 17, 2019
$122,000
$119,790 by Primary Residential Mortgage I
Mortgage Due Nov 01, 2049
1201 Martin Lane has been categorized by the local assessors in La Follette, TN as a residential type of property. The building on the property was first built in 1998 and is 26 years old. However, we must point out that the home was most recently renovated and altered in 2008. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1201 Martin Lane has 1,238 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,570 ft and across the front of the lot is 1,090 ft. The area measurement of the land has been determined as 17,113 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 484 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1201 Martin Lane sold most recently in Jun 21, 2021 for a total of $215,000. If you work out the math, that's approximately a cost of $173.67 per sqft. Before that, the property was also sold for $122,000 in Oct 7, 2019. 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 $596 in taxes each year. 1201 Martin Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $29,450. If we break it down further, the land itself was valued at $3,250. Improvements to the property, however, were assessed at a total of $26,200. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Parking

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

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,113
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 1,090
  • Total Building Area: 1,238
  • Building Area: 1,238
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,238
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CUMBERLAND SPRINGS
  • Land Acres: 0.393
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 1 ; SUBDIVISION: CUMBERLAND SPRINGS SD ; LOT: 10 ; PLAT BOOK: 1 ; PLAT PAGE: 747

Ownership

  • Current Owner : DAVIS COREY
  • Current Owner 2: DAVIS TERESA
  • Previous Owner : SLOVER AUSTIN
  • Owner Before Previous Owner: SLOVER MITCHELL L
  • Owner Before Previous Owner 2: SLOVER SHARON C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Campbell County School District
  • Census Tract: 950900

Geography

  • Assessors Map Reference: 077I
  • District: 01
  • Parcel: 007077I A 05600
  • Lot: 10
  • Latitude: 36.4065
  • Longitude: -84.0472

    Address

  • Full Address: 1201 Martin Ln
  • Address - House Number: 1201
  • Address - Street Name: Martin
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: La Follette
  • Carrier Code: R005
  • 4-Digit Zip Code: 7351
  • Zip Code: 37766

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $596
  • Tax Rate Code Area: 07A00

    Appraisal Valuation

  • Standard Deviation: 0.1486
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 70
  • Final Value: 200,414
  • High Value: 230,209
  • Low Value: 170,618

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $227,290
  • First Open Lien Mortgage Lender: NATIONS DIRECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 14, 2021
  • First Open Lien Mortgage Loan Amount: $217,171
  • 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: Jul 01, 2051
  • Second Open Lien Mortgage Lender: UNITED STATES OF AMERICA
  • Second Open Lien Mortgage Recording Date: Apr 26, 2023
  • Second Open Lien Mortgage Loan Amount: $10,119
  • Second Open Lien Mortgage Term: 338
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $117,800
  • Market Land Value: $13,000
  • Market Improvement Value: $104,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,450
  • Assessed Land Value: $3,250
  • Assessed Improvements Value: $26,200

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jul 14, 2021
  • Current Sale Transaction ID: 11843515351
  • Current Sale Price: $215,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21004542
  • Previous Sale Recording Date: Oct 17, 2019
  • Previous Sale Contract Date: Oct 07, 2019
  • Previous Sale Amount: $122,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS DIRECT MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 14, 2021
  • First Mortgage Loan Amount: $217,171
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • Previous Mortgage Transaction Date: Oct 17, 2019
  • Previous Mortgage Loan Amount: $119,790
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2049

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Frequently Asked Questions

What neighborhood is 1201 Martin Lane located in?
The 1201 Martin Lane is a located in the neighborhood of Campbell in Fincastle, La Follette.
What is the average sales price for listings in 1201 Martin Lane?
The average sales price for units in 1201 Martin Lane is $0 currently.

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