1641 Old Fayetteville Highway

1641 Old Fayetteville Highway in Lynchburg, TN was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 1990. 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 2 full bathrooms. There are 2 partial bathrooms. 1641 Old Fayetteville Highway has 2,132 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. In total, the area measurement of the land is 137,214 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 metal. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a detached garage. The garage is 720 sqft. There are a total of 3 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 unknown. While the interior walls are made of paneling. 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. 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, 1641 Old Fayetteville Highway sold most recently in May 18, 2018 for a total of $189,000. If you work out the math, that's approximately a cost of $88.65 per sqft. Before that, the property was also sold for $212,000 in Mar 27, 2017. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,243 in taxes each year. 1641 Old Fayetteville Highway was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $51,375. If we break it down further, the land itself was valued at $7,150. Improvements to the property, however, were assessed at a total of $44,225. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.