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308 Summerwood Lane

308 Summerwood Lane, Nashville, TN 37221
House in Pine Forest
Sold Oct 27, 2020
$565,000
$423,750 by Firstbank
Mortgage Due Oct 23, 2030
Sold Jun 27, 2013
$387,000
$309,600 by Supreme Lending
Mortgage Due Jul 01, 2043
308 Summerwood Lane in Nashville, TN was first built in 2000 and is 24 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 308 Summerwood Lane has 3,980 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 linear feet across the front of the lot is 960 ft and the linear feet between the front and back of the lot is 1,870. In total, the area measurement of the land is 20,038 square feet.

Learn more about the property and building on this page. There is a porch. For those who need parking, there is a attached garage. The garage is 714 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 C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 308 Summerwood Lane sold most recently in Oct 23, 2020 for a total of $565,000. If you work out the math, that's approximately a cost of $141.96 per sqft. Before that, the property was also sold for $387,000 in Jun 26, 2013. 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 $4,269 in taxes each year. 308 Summerwood Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $146,100. If we break it down further, the land itself was valued at $21,500. Improvements to the property, however, were assessed at a total of $124,600. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 714
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 20,038
  • Lot Size Depth Feet: 1,870
  • Lot Size Frontage Feet: 960
  • Total Building Area: 3,980
  • Gross Building Area: 5,338
  • Building Area: 3,980
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 3,980
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINE FOREST
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 25 PINE FOREST SEC 2

Ownership

  • Current Owner : GIBBA SHERRY
  • Current Owner 2: GIBBA ROBERT
  • Previous Owner : STREITBERGER JAMES WILLIAM
  • Previous Owner 2: STREITBERGER MARCIA
  • Owner Before Previous Owner: PARHAM JOHNNY E
  • Owner Before Previous Owner 2: PARHAM TRAM N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Nashville-Davidson County School District
  • Census Tract: 018304

Zoning

  • Zoning: R40

Geography

  • Section: 2
  • Parcel: 128-10-0A-042-00
  • Lot: 25
  • Municipality: 74-GSD
  • Latitude: 36.0896
  • Longitude: -86.9456

    Address

  • Full Address: 308 Summerwood Ln
  • Address - House Number: 308
  • Address - Street Name: Summerwood
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Nashville
  • Carrier Code: C069
  • 4-Digit Zip Code: 4399
  • Zip Code: 37221

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,269
  • Tax Rate Code Area: GSD

    Appraisal Valuation

  • Standard Deviation: 0.2285
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 836,725
  • High Value: 1,027,977
  • Low Value: 645,472

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $808,750
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Oct 27, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $423,750
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Oct 23, 2030
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Feb 23, 2022
  • Second Open Lien Mortgage Loan Amount: $385,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $584,400
  • Market Land Value: $86,000
  • Market Improvement Value: $498,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,100
  • Assessed Land Value: $21,500
  • Assessed Improvements Value: $124,600

    Sales

  • Current Sale Contract Date: Oct 23, 2020
  • Current Sale Recording Date: Oct 27, 2020
  • Current Sale Transaction ID: 11794439358
  • Current Sale Price: $565,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201027-0124212
  • Previous Sale Recording Date: Jun 27, 2013
  • Previous Sale Contract Date: Jun 26, 2013
  • Previous Sale Amount: $387,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Oct 27, 2020
  • First Mortgage Loan Amount: $423,750
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Oct 23, 2030

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: SUPREME LENDING
  • Previous Mortgage Transaction Date: Jun 27, 2013
  • Previous Mortgage Loan Amount: $309,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2043

About Pine Forest



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Frequently Asked Questions

What neighborhood is 308 Summerwood Lane located in?
The 308 Summerwood Lane is a house located in the neighborhood of Pine Forest in Pine Forest, Nashville.
What is the average sales price for listings in 308 Summerwood Lane?
The average sales price for units in 308 Summerwood Lane is $0 currently.

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