Check Availability

123 Okema Lane

123 Okema Lane, Loudon, TN 37774
Land in Loudon
Sold Nov 21, 2019
$14,000
$282,250 by Southeast Bank
Mortgage Due Aug 01, 2051
Sold Jul 16, 2012
$1,000
123 Okema Lane in Loudon, TN was first built in 2021 and is 3 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 unknown. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 123 Okema Lane has 3,292 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 1,730 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 11,326 square feet.

Learn more about the property and building on this page. There is 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 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 attached garage. The garage is 441 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 unknown. 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. 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, 123 Okema Lane was last sold in Nov 14, 2019 for $14,000. According to our calculations, that's $3.59 per sqft. Prior to that sales transaction, the property was sold for $1,000 in Jul 5, 2012. Current property owners are expected to pay $1,626 in taxes per year. The property on 123 Okema Lane was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $107,125. To break that down further, the land itself was valued at $5,000. While improvements to the property were assessed at a total of $102,125. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • 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
  • Basement Type: Partial basement
  • Basement Area: 1,730
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 3,901
  • Gross Building Area: 3,901
  • Building Area: 3,292
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 3,292
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COYATEE COVES
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COYATEE COVES BLK: 3 LOT: 14 01 046B C 046A 01400 000

Ownership

  • Current Owner : GROSS ROBERT LAWRENCE
  • Previous Owner : FARZAIE SALEHA
  • Previous Owner 2: KHAN DAVID
  • Owner Before Previous Owner: TELLICO VILLAGE PROPERTY O

Neighborhood

  • School District Name: Loudon County School District
  • School Tax School District: 53957
  • Census Tract: 060503

Geography

  • Assessors Map Reference: 042D
  • District: 01
  • Parcel: 042D-A-014.00
  • Block: 3
  • Lot: 14
  • Municipality: TELLICO VILLAGE
  • Latitude: 35.7414
  • Longitude: -84.2646

    Address

  • Full Address: 123 Okema Ln
  • Address - House Number: 123
  • Address - Street Name: Okema
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Loudon
  • Carrier Code: R011
  • 4-Digit Zip Code: 3158
  • Zip Code: 37774

Valuation

    Tax

  • Total Area: 1,730
  • Tax Year: 2022
  • Tax Amount: $1,626
  • Tax Rate Code Area: 53A05

    Appraisal Valuation

  • Standard Deviation: 0.1908
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 712,115
  • High Value: 848,006
  • Low Value: 576,225

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $282,250
  • First Open Lien Mortgage Lender: SOUTHEAST BANK
  • First Open Lien Mortgage Recording Date: Jul 22, 2021
  • First Open Lien Mortgage Loan Amount: $282,250
  • 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: $428,500
  • Market Land Value: $20,000
  • Market Improvement Value: $408,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $107,125
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $102,125

    Sales

  • Current Sale Contract Date: Nov 14, 2019
  • Current Sale Recording Date: Nov 21, 2019
  • Current Sale Transaction ID: 11704636195
  • Current Sale Price: $14,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19010443
  • Previous Sale Recording Date: Jul 16, 2012
  • Previous Sale Contract Date: Jul 05, 2012
  • Previous Sale Amount: $1,000
  • Previous Sale Document Type: Warranty Deed

About Tellico Village



Similar Buildings

Land at 123 Okema Lane,

210 Osage Place

  • 1 Unit for Sale
210 Osage Place, Loudon, TN 37774
Land at 123 Okema Lane,

101 Coyatee Shores

  • 1 Unit for Sale
101 Coyatee Shores, Loudon, TN 37774
Land at 123 Okema Lane,

205 Iroquois Circle

  • 1 Unit for Sale
205 Iroquois Circle, Loudon, TN 37774
Land at 123 Okema Lane,

106 Mohawk Lane

  • 1 Unit for Sale
106 Mohawk Lane, Loudon, TN 37774
Land at 123 Okema Lane,

104 Mohawk Lane

  • 1 Unit for Sale
104 Mohawk Lane, Loudon, TN 37774
Land at 123 Okema Lane,

214 Chickasaw Lane

  • 1 Unit for Sale
214 Chickasaw Lane, Loudon, TN 37774
Land at 123 Okema Lane,

202 Shawnee Trace

  • 1 Unit for Sale
202 Shawnee Trace, Loudon, TN 37774

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 123 Okema Lane located in?
The 123 Okema Lane is a land located in the neighborhood of Loudon in Tellico Village, Loudon.
What is the average sales price for listings in 123 Okema Lane?
The average sales price for units in 123 Okema Lane is $0 currently.

Quantcast