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303 Colton Ridge Lane

303 Colton Ridge Lane, Atoka, TN 38004
House in Lochmeade
Sold Aug 17, 2023
$499,900
$215,000 by Patriot Bank
Mortgage Due Sep 01, 2053
Sold Aug 17, 2020
$362,000
$362,000 by Navy Fcu
Mortgage Due Sep 01, 2050
303 Colton Ridge Lane has been categorized by the local assessors in Atoka, TN as a residential type of property. The building on the property was first built in 2014 and is 10 years old. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 303 Colton Ridge Lane has 3,168 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 21,780 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 824 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a open 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 D+ 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 brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Aug 11, 2023 for $499,900. That's $157.80 per sqft. Prior to that sales transaction, the property was also sold in Feb 28, 2019 for $362,000. 303 Colton Ridge Lane was last assessed in 2023. The total value of the property was assessed at $130,325. Specifically, the land the property is located on was valued at $16,900. While improvements on the property were assessed at a total of $113,425. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,875. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking
Attached Garage

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Average
  • Building Quality: D+
  • 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: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 824
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 3,168
  • Building Area: 3,168
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,168
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOCHMEADE SEC B-2
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 07, COUNTY AREA: T14

Ownership

  • Current Owner : HAWKINS LISA R
  • Current Owner 2: HAWKINS ALAN M
  • Previous Owner : PAVLIK DAVID R
  • Previous Owner 2: PAVLIK JANET
  • Owner Before Previous Owner: DUKES JOSEPH ALLEN
  • Owner Before Previous Owner 2: DUKES SHARON MAY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tipton County School District
  • School Tax School District: 84036
  • Census Tract: 040302

Geography

  • Assessors Map Reference: 111N
  • District: 07
  • Parcel: 084111N A 06500
  • Lot: 65
  • Municipality: ATOKA
  • Latitude: 35.4361
  • Longitude: -89.7779

    Address

  • Full Address: 303 Colton Ridge Ln
  • Address - House Number: 303
  • Address - Street Name: Colton Ridge
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Atoka
  • Carrier Code: R008
  • 4-Digit Zip Code: 7911
  • Zip Code: 38004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,875
  • Tax Rate Code Area: 84A01

    Appraisal Valuation

  • Standard Deviation: 0.2409
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 498,689
  • High Value: 618,849
  • Low Value: 378,530

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,000
  • First Open Lien Mortgage Lender: PATRIOT BANK
  • First Open Lien Mortgage Recording Date: Aug 17, 2023
  • First Open Lien Mortgage Loan Amount: $215,000
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $521,300
  • Market Land Value: $67,600
  • Market Improvement Value: $453,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,325
  • Assessed Land Value: $16,900
  • Assessed Improvements Value: $113,425

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 17, 2023
  • Current Sale Transaction ID: 11911181930
  • Current Sale Price: $499,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 268489
  • Previous Sale Recording Date: Aug 17, 2020
  • Previous Sale Contract Date: Feb 28, 2019
  • Previous Sale Amount: $362,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PATRIOT BANK
  • First Mortgage Transaction Date: Aug 17, 2023
  • First Mortgage Loan Amount: $215,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Aug 17, 2020
  • Previous Mortgage Loan Amount: $362,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Sep 01, 2050

About Lochmeade



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 303 Colton Ridge Lane located in?
The 303 Colton Ridge Lane is a house located in the neighborhood of Lochmeade in Lochmeade, Atoka.
What is the average sales price for listings in 303 Colton Ridge Lane?
The average sales price for units in 303 Colton Ridge Lane is $362,000 currently.

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