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3104 Palmer Place Drive

3104 Palmer Place Drive, Lebanon, TN 37090
Property in Wilson
Sold Oct 31, 2011
$550,000
$440,000 by Wells Fargo Bank Na
Mortgage
Sold Mar 26, 2007
Transfer
Local assessors in Lebanon, TN have categorized 3104 Palmer Place Drive as a residential type of property. The home was built in 1990 and is 34 years old. It was most recently renovated and altered in 2001. The property's lot size has been calculated to be 126,324 square feet. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3104 Palmer Place Drive has a total of 3,770 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 720 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable or hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 3104 Palmer Place Drive sold most recently in Oct 28, 2011 for a total of $550,000. If you work out the math, that's approximately a cost of $122.49 per sqft. 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 $4,485 in taxes each year. 3104 Palmer Place Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $203,300. If we break it down further, the land itself was valued at $37,950. Improvements to the property, however, were assessed at a total of $165,350. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1990
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: B
  • 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: Partial basement
  • Basement Area: 720
  • Parking Type: Attached
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 126,324
  • Total Building Area: 4,490
  • Gross Building Area: 4,685
  • Building Area: 3,770
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,770
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PALMER PLACE
  • Land Acres: 2.9
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PALMER PLACE PB 18 PG 918 LOT 2

Ownership

  • Current Owner : ARNOLD ROBERT C
  • Current Owner 2: ARNOLD FELICIA W
  • Previous Owner : SHOAF N B FORREST
  • Owner Before Previous Owner: FORREST SHOAF N B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wilson County School District in Lebanon
  • Census Tract: 030202

Geography

  • Assessors Map Reference: 070
  • District: 03
  • Parcel: 070-040.05
  • Lot: 2
  • Municipality: WILSON - LEBANON SSD
  • Latitude: 36.2067
  • Longitude: -86.3859

    Address

  • Full Address: 3104 Palmer Place Dr
  • Address - House Number: 3104
  • Address - Street Name: Palmer Place
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Lebanon
  • Carrier Code: R025
  • 4-Digit Zip Code: 8907
  • Zip Code: 37090

Valuation

    Tax

  • Total Area: 2,614
  • Tax Year: 2023
  • Tax Amount: $4,485
  • Tax Rate Code Area: 95H00

    Appraisal Valuation

  • Standard Deviation: 0.2184
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 70
  • Final Value: 1,374,370
  • High Value: 1,674,635
  • Low Value: 1,074,106

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $440,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 31, 2011
  • First Open Lien Mortgage Loan Amount: $440,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $813,200
  • Market Land Value: $151,800
  • Market Improvement Value: $661,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $203,300
  • Assessed Land Value: $37,950
  • Assessed Improvements Value: $165,350

    Sales

  • Current Sale Contract Date: Oct 28, 2011
  • Current Sale Recording Date: Oct 31, 2011
  • Current Sale Transaction ID: 11442163534
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11455735
  • Previous Sale Recording Date: Mar 26, 2007
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 31, 2011
  • First Mortgage Loan Amount: $440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Lebanon



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Frequently Asked Questions

What neighborhood is 3104 Palmer Place Drive located in?
The 3104 Palmer Place Drive is a located in the neighborhood of Wilson in Lebanon, Lebanon.
What is the average sales price for listings in 3104 Palmer Place Drive?
The average sales price for units in 3104 Palmer Place Drive is $0 currently.

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