232 Lake Shore Lane

232 Lake Shore Lane has been categorized by the local assessors in La Follette, TN as a residential type of property. The building on the property was first built in 2000 and is 24 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 232 Lake Shore Lane has 910 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,860 ft and across the front of the lot is 1,170 ft. The area measurement of the land has been determined as 20,038 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 C by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer 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, 232 Lake Shore Lane was last sold in Nov 29, 2021 for $125,000. According to our calculations, that's $137.36 per sqft. Current property owners are expected to pay $130 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2017. The property on 232 Lake Shore Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $6,450. To break that down further, the land itself was valued at $2,675. While improvements to the property were assessed at a total of $3,775. 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. 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!