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16018 Lakewood Drive

16018 Lakewood Drive, Sale Creek, TN 37373
Property in Bakewell
Sold Jun 17, 2022
$800,000
Sold Oct 08, 2015
$175,000
$140,000 by Mortgage Investors Group Inc
Mortgage Due Nov 01, 2045
16018 Lakewood Drive in Sale Creek, TN was first built in 1985 and is 39 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 16018 Lakewood Drive has 780 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 900 ft and the linear feet between the front and back of the lot is 3,380. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. 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 wood shingle. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16018 Lakewood Drive sold most recently in Jun 17, 2022 for a total of $800,000. If you work out the math, that's approximately a cost of $1,025.64 per sqft. Before that, the property was also sold for $175,000 in Oct 7, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,385 in taxes each year. 16018 Lakewood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $61,925. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Wood shingle
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 3,380
  • Lot Size Frontage Feet: 900
  • Total Building Area: 780
  • Building Area: 780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD PLAN NO 2
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1 LAKEWOOD PLAN NO 2 PB 20 PG 3

Ownership

  • Current Owner : MATHIAS A KLEIN IV 2007 TRUST
  • Previous Owner : LEE CHRISTOPHER W
  • Previous Owner 2: PETERSON MARIANN
  • Owner Before Previous Owner: WALDEN ELSIE S
  • Owner Before Previous Owner 2: WALDEN LEONARD E
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 010202

Zoning

  • Zoning: UR

Geography

  • Assessors Map Reference: MB 20 PG 3
  • Account Number: 0000000890
  • District: 3
  • Parcel: 016O B 010
  • Lot: 1
  • Municipality: COUNTY NORTH
  • Latitude: 35.3797
  • Longitude: -85.0384

    Address

  • Full Address: 16018 Lakewood Dr
  • Address - House Number: 16018
  • Address - Street Name: Lakewood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Sale Creek
  • Carrier Code: R001
  • 4-Digit Zip Code: 7750
  • Zip Code: 37373

Valuation

    Tax

  • Total Area: 786
  • Tax Year: 2023
  • Tax Amount: $1,385

    Appraisal Valuation

  • Standard Deviation: 0.2122
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 601,345
  • High Value: 728,976
  • Low Value: 473,714

    Market Valuation

  • Market Total Value: $247,700
  • Market Land Value: $160,000
  • Market Improvement Value: $87,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,925

    Sales

  • Current Sale Contract Date: Jun 17, 2022
  • Current Sale Recording Date: Jun 17, 2022
  • Current Sale Transaction ID: 11891400732
  • Current Sale Price: $800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 257
  • Previous Sale Recording Date: Oct 08, 2015
  • Previous Sale Contract Date: Oct 07, 2015
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Previous Mortgage Transaction Date: Oct 08, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Nov 01, 2045

About Bakewell



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Frequently Asked Questions

What neighborhood is 16018 Lakewood Drive located in?
The 16018 Lakewood Drive is a located in the neighborhood of Bakewell in Bakewell, Sale Creek.
What is the average sales price for listings in 16018 Lakewood Drive?
The average sales price for units in 16018 Lakewood Drive is $0 currently.

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