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275 Lochmere Drive

275 Lochmere Drive, Morristown, TN 37814
Condo in Hamblen
275 Lochmere Drive is a condo located in Hamblen, Morristown. The building was first built in 2006 and is 18 years old. The lot that the building was built on is 500 feet wide and 2,210 feet long. In total, 275 Lochmere Drive has a total floor area of 6,195 square feet. 275 Lochmere Drive has a total of 2 floors.

Interested in learning more about the building? There are many great amenities and features for residents in the building. Separately, the building has a pool! Which is great those who want low-impact workout or those with children! On weekends, residents can enjoy the building's deck. There are 1 closings on record. The most recent transaction sold for $390,000 on Nov 12, 2020. Fun fact, the oldest transaction we have on record took place on Nov 12, 2020. See the full transaction history for 275 Lochmere Drive below.

Hamblen, where 275 Lochmere Drive is located, has a median asking price of $339,900 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

Unfortunately, there are currently no active listings within the building but our inventory of available units for sale is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

Attached Garage
Open Parking
This property description is generated based on publicly available data.

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190405
04/05/2019
4 Bed
4 Bath
4500 ft²
$469,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
4500 ft²
-
-
-
-
20190405 Unit 275
04/05/2019
275
4 Bed
4 Bath
2841 ft²
$469,000
bedrooms
4 Bed
bathrooms
4 Bath
square feet
2841 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: B+
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • 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: Wood
  • Basement Type: Partial basement
  • Basement Area: 2,037
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,178,000
  • Lot Size Depth Feet: 2,210
  • Lot Size Frontage Feet: 500
  • Total Building Area: 6,195
  • Gross Building Area: 6,195
  • Building Area: 5,397
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 5,397
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOCHMERE #2
  • Land Acres: 50
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOCHMERE #2 PB: G PG: 97 LOT: 7 50X223.81 IRR

Ownership

  • Current Owner : RICE PAUL MICHAEL
  • Current Owner 2: RICE MICHELLE LEE
  • Previous Owner : SMITH JERRY L
  • Previous Owner 2: SMITH DIXIE A
  • Owner Before Previous Owner: NORTON H V
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Hamblen County School District
  • School Tax School District: 32500
  • Census Tract: 100400

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 024N
  • District: 01
  • Parcel: 024N-A-005.06
  • Lot: 7
  • Municipality: MORRISTOWN
  • Latitude: 36.2338
  • Longitude: -83.3111

    Address

  • Full Address: 275 Lochmere Dr
  • Address - House Number: 275
  • Address - Street Name: Lochmere
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Morristown
  • Carrier Code: R002
  • 4-Digit Zip Code: 2183
  • Zip Code: 37814

Valuation

    Tax

  • Total Area: 1,659
  • Tax Year: 2023
  • Tax Amount: $1,630
  • Tax Rate Code Area: 32B01

    Appraisal Valuation

  • Standard Deviation: 0.2729
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 617,974
  • High Value: 786,652
  • Low Value: 449,296

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $370,500
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 12, 2020
  • First Open Lien Mortgage Loan Amount: $370,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $370,500
  • Market Land Value: $28,800
  • Market Improvement Value: $341,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $92,625
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $85,425

    Sales

  • Current Sale Contract Date: Nov 10, 2020
  • Current Sale Recording Date: Nov 12, 2020
  • Current Sale Transaction ID: 11801785238
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20008965
  • Previous Sale Recording Date: Oct 19, 2006
  • Previous Sale Amount: $259,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Nov 12, 2020
  • First Mortgage Loan Amount: $370,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Morristown



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1153 E. 2nd North St. #1153 E. 2nd North St., Morristown, TN, 37814 Listing by Manager
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$925 /mo

  • 1 Bed
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1215 Shields Ferry Rd #1215 Shields Ferry Rd - 1215 (F), Morristown, TN, 37814 Listing by Manager
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$1,095 /mo

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Frequently Asked Questions

What neighborhood is 275 Lochmere Drive located in?
The 275 Lochmere Drive is a condo located in the neighborhood of Hamblen in Morristown, Morristown.
What is the average sales price for listings in 275 Lochmere Drive?
The average sales price for units in 275 Lochmere Drive is $0 currently.

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