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124 Lake Wood Road

124 Lake Wood Road, Lebanon, TN 37087
Property in Wilson
Sold Mar 25, 2013
$431,900
$345,520 by Franklin American Mortgage
Mortgage
Sold Jan 22, 2004
$107,000
Local assessors in Lebanon, TN have categorized 124 Lake Wood Road as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 225,205 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 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 124 Lake Wood Road has a total of 3,550 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 336 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 638 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C. The building has a gable or hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 124 Lake Wood Road was last sold in Mar 22, 2013 for $431,900. According to our calculations, that's $95.47 per sqft. Prior to that sales transaction, the property was sold for $107,000 in Jan 1, 1970. Current property owners are expected to pay $2,535 in taxes per year. The property on 124 Lake Wood Road was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $114,900. To break that down further, the land itself was valued at $31,975. While improvements to the property were assessed at a total of $82,925. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • 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
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 336
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 638
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 225,205
  • Total Building Area: 4,524
  • Gross Building Area: 4,524
  • Building Area: 3,550
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,550
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD DOWNS
  • Land Acres: 5.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKEWOOD DOWNS PB 18 PG 610 LOT 23

Ownership

  • Current Owner : SNIPES CHARLES A
  • Current Owner 2: SNIPES DAWN-ELISE
  • Previous Owner : GOINS JAMES
  • Owner Before Previous Owner: VASTOLA MARK A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wilson County School District in Lebanon
  • Census Tract: 030206

Geography

  • Assessors Map Reference: 047
  • District: 03
  • Parcel: 047-015.09
  • Lot: 23
  • Municipality: WILSON - LEBANON SSD
  • Latitude: 36.2547
  • Longitude: -86.3945

    Address

  • Full Address: 124 Lake Wood Rd
  • Address - House Number: 124
  • Address - Street Name: Lake Wood
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Lebanon
  • Carrier Code: R042
  • 4-Digit Zip Code: 8909
  • Zip Code: 37087

Valuation

    Tax

  • Total Area: 1,484
  • Tax Year: 2023
  • Tax Amount: $2,535
  • Tax Rate Code Area: 95H00

    Appraisal Valuation

  • Standard Deviation: 0.1755
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 817,914
  • High Value: 961,461
  • Low Value: 674,366

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $388,520
  • First Open Lien Mortgage Lender: FRANKLIN AMERICAN MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 25, 2013
  • First Open Lien Mortgage Loan Amount: $345,520
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Lender: BANCORP BANK
  • Second Open Lien Mortgage Recording Date: Mar 25, 2013
  • Second Open Lien Mortgage Loan Amount: $43,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $459,600
  • Market Land Value: $127,900
  • Market Improvement Value: $331,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $114,900
  • Assessed Land Value: $31,975
  • Assessed Improvements Value: $82,925

    Sales

  • Current Sale Contract Date: Mar 22, 2013
  • Current Sale Recording Date: Mar 25, 2013
  • Current Sale Transaction ID: 11441654294
  • Current Sale Price: $431,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13495233
  • Previous Sale Recording Date: Jan 22, 2004
  • Previous Sale Amount: $107,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN AMERICAN MORTGAGE
  • First Mortgage Transaction Date: Mar 25, 2013
  • First Mortgage Loan Amount: $345,520
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • Second Mortgage Lender: BANCORP BANK
  • Second Mortgage Transaction Date: Mar 25, 2013
  • Second Mortgage Loan Amount: $43,000
  • Second Mortgage Terms: 360
  • Second Mortgage Loan Type: Commercial

About Wilson



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Frequently Asked Questions

What neighborhood is 124 Lake Wood Road located in?
The 124 Lake Wood Road is a located in the neighborhood of Wilson in Wilson, Lebanon.
What is the average sales price for listings in 124 Lake Wood Road?
The average sales price for units in 124 Lake Wood Road is $0 currently.

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