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185 Turning Point Lane

185 Turning Point Lane, Sewanee, TN 37375
House in Franklin
Sold Jul 29, 2020
$605,000
Sold Jan 13, 2006
$370,000
$351,500 by Quicken Loans Inc
Mortgage Due Jan 12, 2036
185 Turning Point Lane has been categorized by the local assessors in Sewanee, TN as a residential type of property. The building on the property was first built in 1980 and is 44 years old. However, we must point out that the home was most recently renovated and altered in 1998. Residents will have access to 3 full bathrooms. There are 3 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, 185 Turning Point Lane has 2,264 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 563,666 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. 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 B 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 paneling. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer 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, 185 Turning Point Lane sold most recently in Jul 16, 2020 for a total of $605,000. If you work out the math, that's approximately a cost of $267.23 per sqft. Before that, the property was also sold for $370,000 in Jan 1, 1970. 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 $3,321 in taxes each year. 185 Turning Point Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $177,075. If we break it down further, the land itself was valued at $88,125. Improvements to the property, however, were assessed at a total of $88,950. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1980
  • Effective Year Built: 1998
  • Building Count: 2
  • 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: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 563,666
  • Total Building Area: 2,264
  • Building Area: 2,264
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,264
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 12.94
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 18 BRONWYN W H WESTLING, COUNTY AREA: V01

Ownership

  • Current Owner : WEAVER JOHN R
  • Current Owner 2: WEAVER LYNDA B
  • Previous Owner : WESTLING RICHARD W
  • Previous Owner 2: WESTLING BRONWYN W
  • Owner Before Previous Owner: STEVICK TERENCE A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Franklin County School District
  • Census Tract: 960700

Geography

  • Assessors Map Reference: 090
  • District: 18
  • Parcel: 026090 04701
  • Latitude: 35.1404
  • Longitude: -85.9308

    Address

  • Full Address: 185 Turning Point Ln
  • Address - House Number: 185
  • Address - Street Name: Turning Point
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Sewanee
  • Carrier Code: R001
  • 4-Digit Zip Code: 2638
  • Zip Code: 37375

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,321
  • Tax Rate Code Area: 26A00

    Appraisal Valuation

  • Standard Deviation: 0.2718
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 61
  • Final Value: 899,974
  • High Value: 1,144,630
  • Low Value: 655,317

    Market Valuation

  • Market Total Value: $708,300
  • Market Land Value: $352,500
  • Market Improvement Value: $355,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,075
  • Assessed Land Value: $88,125
  • Assessed Improvements Value: $88,950

    Sales

  • Current Sale Contract Date: Jul 16, 2020
  • Current Sale Recording Date: Jul 29, 2020
  • Current Sale Transaction ID: 11775853335
  • Current Sale Price: $605,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20004973
  • Previous Sale Recording Date: Jan 13, 2006
  • Previous Sale Amount: $370,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: SYNOVUS BANK
  • First Mortgage Transaction Date: Jul 29, 2020
  • First Mortgage Loan Amount: $475,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Jan 13, 2006
  • Previous Mortgage Loan Amount: $351,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 12, 2036

About Franklin



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Frequently Asked Questions

What neighborhood is 185 Turning Point Lane located in?
The 185 Turning Point Lane is a house located in the neighborhood of Franklin in Franklin, Sewanee.
What is the average sales price for listings in 185 Turning Point Lane?
The average sales price for units in 185 Turning Point Lane is $0 currently.

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