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145 Lake Court Drive

145 Lake Court Drive, Lynchburg, TN 37352
Property in Moore
Sold May 19, 2020
$520,000
$220,000 by Tcf National Bank
Mortgage Due Jun 01, 2050
Sold Jun 24, 2010
$195,400
145 Lake Court Drive has been categorized by the local assessors in Lynchburg, TN as a residential type of property. The building on the property was first built in 1993 and is 31 years old. 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, 145 Lake Court Drive has 2,360 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,272 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 90,169 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 detached garage for those who require parking. The garage measured 896 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a screened 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. The building on the property is connected to a sewer system. 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, 145 Lake Court Drive was last sold in May 15, 2020 for $520,000. According to our calculations, that's $220.34 per sqft. Prior to that sales transaction, the property was sold for $195,400 in Jan 1, 1970. Current property owners are expected to pay $2,400 in taxes per year. The property on 145 Lake Court Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $99,175. To break that down further, the land itself was valued at $45,225. While improvements to the property were assessed at a total of $53,950. 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. 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. 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: 1993
  • Effective Year Built: 1993
  • 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: Partial basement
  • Basement Area: 1,272
  • Parking Type: Attached
  • Garage Type: Detached
  • Garage Square Area: 896
  • Parking Space Count: 3
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 90,169
  • Total Building Area: 2,360
  • Building Area: 2,360
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,360
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOST CREEK HEIGHTS EST
  • Land Acres: 2.07
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 02, COUNTY AREA: L06

Ownership

  • Current Owner : PHILLIPS VICINIA
  • Current Owner 2: PHILLIPS MARK
  • Previous Owner : THOMAS PAULA N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Moore County School District
  • Census Tract: 930100

Geography

  • Assessors Map Reference: 043
  • District: 02
  • Parcel: 064043 05300
  • Lot: 24
  • Latitude: 35.2437
  • Longitude: -86.3022

    Address

  • Full Address: 145 Lake Court Dr
  • Address - House Number: 145
  • Address - Street Name: Lake Court
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Lynchburg
  • Carrier Code: R003
  • 4-Digit Zip Code: 8428
  • Zip Code: 37352

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,400
  • Tax Rate Code Area: 64A00

    Appraisal Valuation

  • Standard Deviation: 0.463
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 7
  • Final Value: 527,973
  • High Value: 772,424
  • Low Value: 283,521

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: TCF NATIONAL BANK
  • First Open Lien Mortgage Recording Date: May 19, 2020
  • First Open Lien Mortgage Loan Amount: $220,000
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $396,700
  • Market Land Value: $180,900
  • Market Improvement Value: $215,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $99,175
  • Assessed Land Value: $45,225
  • Assessed Improvements Value: $53,950

    Sales

  • Current Sale Contract Date: May 15, 2020
  • Current Sale Recording Date: May 19, 2020
  • Current Sale Transaction ID: 11762142254
  • Current Sale Price: $520,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20000490
  • Previous Sale Recording Date: Jun 24, 2010
  • Previous Sale Amount: $195,400
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TCF NATIONAL BANK
  • First Mortgage Transaction Date: May 19, 2020
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

About Lynchburg, Moore County



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Frequently Asked Questions

What neighborhood is 145 Lake Court Drive located in?
The 145 Lake Court Drive is a located in the neighborhood of Moore in Lynchburg, Moore County, Lynchburg.
What is the average sales price for listings in 145 Lake Court Drive?
The average sales price for units in 145 Lake Court Drive is $0 currently.

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