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15 Lab Drive

15 Lab Drive, Buchanan, TN 38222
House in Henry
Sold Sep 16, 2021
$225,000
$213,750 by Leaders Cu
Mortgage Due Oct 01, 2051
Sold Jun 08, 2015
$162,500
$159,556 by Firstbank
Mortgage Due Jul 01, 2045
15 Lab Drive in Buchanan, TN was first built in 2000 and is 24 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 15 Lab Drive has 1,600 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 1,310 ft and the linear feet between the front and back of the lot is 1,590. In total, the area measurement of the land is 20,829 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 water system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 484 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 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 a packaged air conditioning unit. As for heating, the home is utilizing a heating system. The property was last sold in Sep 15, 2021 for $225,000. That's $140.63 per sqft. Prior to that sales transaction, the property was also sold in Jun 3, 2015 for $162,500. 15 Lab Drive was last assessed in 2022. The total value of the property was assessed at $40,575. Specifically, the land the property is located on was valued at $4,125. While improvements on the property were assessed at a total of $36,450. 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 $768. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 20,829
  • Lot Size Depth Feet: 1,590
  • Lot Size Frontage Feet: 1,310
  • Total Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SCARBROUGH ACRES
  • Land Acres: 0.478
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 10, COUNTY AREA: P31

Ownership

  • Current Owner : BROWN LOUARD GORDON
  • Current Owner 2: BROWN JENNIFER
  • Previous Owner : DAVIDSON JONATHAN P
  • Owner Before Previous Owner: THOMPSON JEFFREY NEIL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Henry County School District
  • Census Tract: 969002

Geography

  • Assessors Map Reference: 073C
  • District: 10
  • Parcel: 040073C A 01800
  • Lot: 18
  • Latitude: 36.3689
  • Longitude: -88.2005

    Address

  • Full Address: 15 Lab Dr
  • Address - House Number: 15
  • Address - Street Name: Lab
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Buchanan
  • Carrier Code: R001
  • 4-Digit Zip Code: 3556
  • Zip Code: 38222

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $768
  • Tax Rate Code Area: 40A00

    Appraisal Valuation

  • Standard Deviation: 0.1413
  • Valuation Date: Feb 22, 2023
  • Confidence Score: 71
  • Final Value: 229,170
  • High Value: 261,562
  • Low Value: 196,777

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,750
  • First Open Lien Mortgage Lender: LEADERS CU
  • First Open Lien Mortgage Recording Date: Sep 16, 2021
  • First Open Lien Mortgage Loan Amount: $213,750
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $162,300
  • Market Land Value: $16,500
  • Market Improvement Value: $145,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,575
  • Assessed Land Value: $4,125
  • Assessed Improvements Value: $36,450

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Transaction ID: 11856745976
  • Current Sale Price: $225,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 159876
  • Previous Sale Recording Date: Jun 08, 2015
  • Previous Sale Contract Date: Jun 03, 2015
  • Previous Sale Amount: $162,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADERS CU
  • First Mortgage Transaction Date: Sep 16, 2021
  • First Mortgage Loan Amount: $213,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTBANK
  • Previous Mortgage Transaction Date: Jun 08, 2015
  • Previous Mortgage Loan Amount: $159,556
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2045

About Henry



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Frequently Asked Questions

What neighborhood is 15 Lab Drive located in?
The 15 Lab Drive is a house located in the neighborhood of Henry in Henry, Buchanan.
What is the average sales price for listings in 15 Lab Drive?
The average sales price for units in 15 Lab Drive is $0 currently.

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