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325 Lake Westmoreland Road

325 Lake Westmoreland Road, Westmoreland, TN 37186
Commercial in Sumner
1 Units For Sale
Unit for sale at 325 Lake Westmoreland Rd, Westmoreland, TN 37186

$775,000

  • Loft
  • 1 Bath
  • 1,205 ft²
325 Lake Westmoreland Rd, Westmoreland, TN 37186 Listing by Jason Galaz

Local assessors in Westmoreland, TN have categorized 325 Lake Westmoreland Road as a recreational type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 43,560 square feet. As for the restroom situation, there is one full bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 325 Lake Westmoreland Road has a total of 8,626 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. 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 - C. The building has a gable or hip style roof that was made of metal. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of wood. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $0 in taxes per year. The property on 325 Lake Westmoreland Road was last assessed in 2020. As a result of that assessment, the total value of the property was placed at $69,680. To break that down further, the land itself was valued at $7,200. While improvements to the property were assessed at a total of $62,480. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.

Building Features

Exterior

Stone Exterior
Wood Siding
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200309
03/09/2020
2 Bed
1 Bath
1080 ft²
$750,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1080 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 8,626
  • Gross Building Area: 8,626
  • Building Area: 8,626
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 8,626
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Recreational
  • Land Acres: 1
  • Standard Land Use Code: Bowling alley

Neighborhood

  • School District Name: Sumner County School District
  • Census Tract: 020102

Geography

  • Parcel: 083027 02600001
  • Latitude: 36.569
  • Longitude: -86.2288

    Address

  • Full Address: 325 Lake Westmoreland Rd
  • Address - House Number: 325
  • Address - Street Name: Lake Westmoreland
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Westmoreland
  • Carrier Code: R001
  • 4-Digit Zip Code: 4812
  • Zip Code: 37186

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $0

    Appraisal Valuation

  • Standard Deviation: 0.1637
  • Valuation Date: Apr 07, 2021
  • Confidence Score: 79
  • Final Value: 128,453
  • High Value: 149,483
  • Low Value: 107,424

    Market Valuation

  • Market Total Value: $278,720
  • Market Land Value: $28,800
  • Market Improvement Value: $249,920

    Assessments Valuation

  • Assessed Year: 2020
  • Assessed Total Value: $69,680
  • Assessed Land Value: $7,200
  • Assessed Improvements Value: $62,480

About Sumner



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Frequently Asked Questions

What neighborhood is 325 Lake Westmoreland Road located in?
The 325 Lake Westmoreland Road is a commercial located in the neighborhood of Sumner in Sumner, Westmoreland.
How many listings are currently for sale in 325 Lake Westmoreland Road?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 325 Lake Westmoreland Road?
The average sales price for units in 325 Lake Westmoreland Road is $775,000 , or $643/sqft. currently.

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