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14 Foster Road

14 Foster Road, Summertown, TN 38483
Property in Lawrence
Sold Jun 15, 2021
$399,000
$319,200 by Gardner Financial Services Ltd
Mortgage Due Jul 01, 2051
Sold Sep 05, 2007
$175,000
Buyer
Seller
$153,000 by Suntrust Mortgage Inc
Mortgage Due Sep 05, 2037
Local assessors in Summertown, TN have categorized 14 Foster Road as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 673,873 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 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 14 Foster Road has a total of 2,048 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 water system. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a screened porch so you'll have a great option in the front 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 unknown 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 a packaged air conditioning unit for their cooling system. The home's a heating system 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, 14 Foster Road was last sold in Jun 15, 2021 for $399,000. According to our calculations, that's $194.82 per sqft. Prior to that sales transaction, the property was sold for $175,000 in Jan 1, 1970. Current property owners are expected to pay $1,105 in taxes per year. The property on 14 Foster Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $54,975. To break that down further, the land itself was valued at $12,800. While improvements to the property were assessed at a total of $42,175. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • 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: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 673,873
  • Total Building Area: 2,048
  • Building Area: 2,048
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,048
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 15.47
  • Standard Land Use Code: Rural/agricultural residence
  • County Land Use Code: Miscellaneous (general)
  • Legal Description 1: DISTRICT: 11

Ownership

  • Current Owner : MORGAN STEVEN DANIEL
  • Current Owner 2: MORGAN SHANNON
  • Previous Owner : NASH MARGARET
  • Owner Before Previous Owner: GANT FRED A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence County School District
  • Census Tract: 960100

Geography

  • Assessors Map Reference: 024
  • District: 11
  • Parcel: 050024 00411
  • Latitude: 35.3934
  • Longitude: -87.3383

    Address

  • Full Address: 14 Foster Rd
  • Address - House Number: 14
  • Address - Street Name: Foster
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Summertown
  • Carrier Code: R002
  • 4-Digit Zip Code: 7211
  • Zip Code: 38483

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,105
  • Tax Rate Code Area: 50A00

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 293,426
  • High Value: 422,024
  • Low Value: 164,827

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $350,349
  • First Open Lien Mortgage Lender: GARDNER FINANCIAL SERVICES LTD
  • First Open Lien Mortgage Recording Date: Jun 15, 2021
  • First Open Lien Mortgage Loan Amount: $319,200
  • 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: BANK OF PERRY COUNTY
  • Second Open Lien Mortgage Recording Date: Feb 20, 2024
  • Second Open Lien Mortgage Loan Amount: $31,149
  • Second Open Lien Mortgage Term: 12
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Feb 10, 2025

    Market Valuation

  • Market Total Value: $219,900
  • Market Land Value: $51,200
  • Market Improvement Value: $168,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $54,975
  • Assessed Land Value: $12,800
  • Assessed Improvements Value: $42,175

    Sales

  • Current Sale Contract Date: Jun 15, 2021
  • Current Sale Recording Date: Jun 15, 2021
  • Current Sale Transaction ID: 11840650364
  • Current Sale Price: $399,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21003963
  • Previous Sale Recording Date: Sep 05, 2007
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GARDNER FINANCIAL SERVICES LTD
  • First Mortgage Transaction Date: Jun 15, 2021
  • First Mortgage Loan Amount: $319,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SUNTRUST MORTGAGE INC
  • Previous Mortgage Transaction Date: Sep 06, 2007
  • Previous Mortgage Loan Amount: $153,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Sep 05, 2037

About Lawrence



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Frequently Asked Questions

What neighborhood is 14 Foster Road located in?
The 14 Foster Road is a located in the neighborhood of Lawrence in Lawrence, Summertown.
What is the average sales price for listings in 14 Foster Road?
The average sales price for units in 14 Foster Road is $0 currently.

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