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180 Lake Ridge

180 Lake Ridge, Maynardville, TN 37807
Property in Union
Sold Sep 30, 2021
$500,000
$303,000 by Fountain City Funding Inc
Mortgage Due Oct 01, 2036
Sold Jun 21, 2006
$25,000
180 Lake Ridge in Maynardville, TN was first built in 2008 and is 16 years old. Although, the building on the property was most recently renovated and altered in 2012. 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 3 full bathrooms. There are 3 partial bathrooms. 180 Lake Ridge has 2,176 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 basement is 1,536 sqft and has been categorized as a full basement. In total, the area measurement of the land is 206,474 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of composition shingle. 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 672 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 B. 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 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 air conditioning. As for heating, the home is utilizing a heating 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, 180 Lake Ridge was last sold in Sep 27, 2021 for $500,000. According to our calculations, that's $229.78 per sqft. Prior to that sales transaction, the property was sold for $25,000 in Jan 1, 1970. Current property owners are expected to pay $2,361 in taxes per year. The property on 180 Lake Ridge was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $124,250. To break that down further, the land itself was valued at $22,500. While improvements to the property were assessed at a total of $101,750. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 2008
  • Effective Year Built: 2012
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,536
  • Garage Type: Detached
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 206,474
  • Total Building Area: 2,176
  • Building Area: 2,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 2,176
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LAKERIDGE SUBDIVISION
  • Land Acres: 4.74
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 04, COUNTY AREA: R02

Ownership

  • Current Owner : BALES JOHN B
  • Current Owner 2: BALES JOYCE
  • Previous Owner : SMITH JESSE
  • Previous Owner 2: SMITH ALLISON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union County School District
  • Census Tract: 040202

Geography

  • Assessors Map Reference: 056
  • District: 04
  • Parcel: 087056 05805
  • Block: A
  • Lot: 3
  • Latitude: 36.2561
  • Longitude: -83.8789

    Address

  • Full Address: 180 Lake Ridge Dr
  • Address - House Number: 180
  • Address - Street Name: Lake Ridge
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Maynardville
  • Carrier Code: R001
  • 4-Digit Zip Code: 1847
  • Zip Code: 37807

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,361
  • Tax Rate Code Area: 87A00

    Appraisal Valuation

  • Standard Deviation: 0.2769
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 60
  • Final Value: 631,613
  • High Value: 806,515
  • Low Value: 456,712

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $303,000
  • First Open Lien Mortgage Lender: FOUNTAIN CITY FUNDING INC
  • First Open Lien Mortgage Recording Date: Sep 30, 2021
  • First Open Lien Mortgage Loan Amount: $303,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2036

    Market Valuation

  • Market Total Value: $497,000
  • Market Land Value: $90,000
  • Market Improvement Value: $407,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,250
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $101,750

    Sales

  • Current Sale Contract Date: Sep 27, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Transaction ID: 11858748734
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21003302
  • Previous Sale Recording Date: Jun 21, 2006
  • Previous Sale Amount: $25,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FOUNTAIN CITY FUNDING INC
  • First Mortgage Transaction Date: Sep 30, 2021
  • First Mortgage Loan Amount: $303,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2036

About Union



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Frequently Asked Questions

What neighborhood is 180 Lake Ridge located in?
The 180 Lake Ridge is a located in the neighborhood of Union in Union, Maynardville.
What is the average sales price for listings in 180 Lake Ridge?
The average sales price for units in 180 Lake Ridge is $0 currently.

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