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1277 Potter Lane

1277 Potter Lane, Gallatin, TN 37066
Property in Sumner
Sold Nov 21, 2016
$667,500
$470,000 by Wilson Bank & Trust
Mortgage Due Nov 15, 2046
Sold Jan 27, 2016
$667,500
$534,000 by Fifth Third Mortgage Co
Mortgage Due Feb 01, 2046
1277 Potter Lane in Gallatin, TN was first built in 2006 and is 18 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 1277 Potter Lane has 4,765 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 linear feet across the front of the lot is 649 ft and the linear feet between the front and back of the lot is 2,354. In total, the area measurement of the land is 15,040 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 1,173 sqft. There are a total of 4 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. 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. 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. The property was last sold in Nov 18, 2016 for $667,500. That's $140.08 per sqft. Prior to that sales transaction, the property was also sold in Jan 22, 2016 for $667,500. 1277 Potter Lane was last assessed in 2023. The total value of the property was assessed at $188,200. Specifically, the land the property is located on was valued at $40,625. While improvements on the property were assessed at a total of $147,575. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,744. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Building Quality: B
  • 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: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Square Area: 1,173
  • Parking Space Count: 4
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,040
  • Lot Size Depth Feet: 2,354
  • Lot Size Frontage Feet: 649
  • Total Building Area: 4,765
  • Gross Building Area: 6,411
  • Building Area: 4,765
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,765
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FAIRVUE PH 11
  • Land Acres: 0.345
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT: 22 PAGE: 341 BLOCK: LOT: 511 SUBD: FAIRVUE PH 11

Ownership

  • Current Owner : TUCKER WILSON EDWARD
  • Current Owner 2: TUCKER JESSICA MORRIS
  • Previous Owner : SMITH TIMOTHY E
  • Previous Owner 2: SMITH LISA FOWLER
  • Owner Before Previous Owner: WINGO ROBERT J
  • Owner Before Previous Owner 2: WINGO JUDY S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

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

Geography

  • Assessors Map Reference: 136J
  • District: 04
  • Parcel: 083136N C 02200
  • Lot: 511
  • Municipality: GALLATIN
  • Latitude: 36.3563
  • Longitude: -86.5017

    Address

  • Full Address: 1277 Potter Ln
  • Address - House Number: 1277
  • Address - Street Name: Potter
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Gallatin
  • Carrier Code: R010
  • 4-Digit Zip Code: 7496
  • Zip Code: 37066

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,744
  • Tax Rate Code Area: 83A01

    Appraisal Valuation

  • Standard Deviation: 0.1701
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 1,142,295
  • High Value: 1,336,690
  • Low Value: 947,901

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $912,500
  • First Open Lien Mortgage Lender: WILSON BANK & TRUST
  • First Open Lien Mortgage Recording Date: Nov 21, 2016
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $470,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 15, 2046
  • Second Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Second Open Lien Mortgage Recording Date: Feb 24, 2021
  • Second Open Lien Mortgage Loan Amount: $442,500
  • 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 01, 2051

    Market Valuation

  • Market Total Value: $752,800
  • Market Land Value: $162,500
  • Market Improvement Value: $590,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,200
  • Assessed Land Value: $40,625
  • Assessed Improvements Value: $147,575

    Sales

  • Current Sale Contract Date: Nov 18, 2016
  • Current Sale Recording Date: Nov 21, 2016
  • Current Sale Transaction ID: 1875990195
  • Current Sale Price: $667,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1176141
  • Previous Sale Recording Date: Jan 27, 2016
  • Previous Sale Contract Date: Jan 22, 2016
  • Previous Sale Amount: $667,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILSON BANK & TRUST
  • First Mortgage Transaction Date: Nov 21, 2016
  • First Mortgage Loan Amount: $470,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 15, 2046

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CO
  • Previous Mortgage Transaction Date: Jan 27, 2016
  • Previous Mortgage Loan Amount: $534,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2046

About Gallatin



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Frequently Asked Questions

What neighborhood is 1277 Potter Lane located in?
The 1277 Potter Lane is a located in the neighborhood of Sumner in Gallatin, Gallatin.
What is the average sales price for listings in 1277 Potter Lane?
The average sales price for units in 1277 Potter Lane is $0 currently.

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