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375 Running Brook Lane

375 Running Brook Lane, Oakland, TN 38060
Property in Fayette
Sold May 03, 2021
$310,000
$100,000 by Regions Bank
Mortgage Due May 01, 2036
Sold May 17, 2017
$245,000
375 Running Brook Lane has been categorized by the local assessors in Oakland, TN as a residential type of property. The building on the property was first built in 2008 and is 16 years old. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 375 Running Brook Lane has 3,084 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 43,560 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

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 attached garage for those who require parking. The garage measured 616 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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 C 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 forced air unit. 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. 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, 375 Running Brook Lane sold most recently in Apr 29, 2021 for a total of $310,000. If you work out the math, that's approximately a cost of $83.78 per sqft. Before that, the property was also sold for $245,000 in May 10, 2017. 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 $1,966 in taxes each year. 375 Running Brook Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $76,150. If we break it down further, the land itself was valued at $8,750. Improvements to the property, however, were assessed at a total of $67,400. 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: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • 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: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 616
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 3,700
  • Gross Building Area: 3,700
  • Building Area: 3,084
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,084
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FAIR MEADOWS OF OAKLAND
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FAIR MEADOWS OF OAKLAND PB: 8 PG: 134 LOT: 146 SECTION C

Ownership

  • Current Owner : CONN RUTH
  • Previous Owner : SISSON RICHARD W
  • Owner Before Previous Owner: RUSSELL JAMES RAY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fayette County School District
  • School Tax School District: 24548
  • Census Tract: 060404

Geography

  • Assessors Map Reference: 087H
  • District: 08
  • Parcel: 087H-C-045.00
  • Lot: 146
  • Municipality: OAKLAND
  • Latitude: 35.2322
  • Longitude: -89.5099

    Address

  • Full Address: 375 Running Brook Ln
  • Address - House Number: 375
  • Address - Street Name: Running Brook
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Oakland
  • Carrier Code: R007
  • 4-Digit Zip Code: 5311
  • Zip Code: 38060

Valuation

    Tax

  • Total Area: 2,232
  • Tax Year: 2023
  • Tax Amount: $1,966
  • Tax Rate Code Area: 24A07

    Appraisal Valuation

  • Standard Deviation: 0.2436
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 65
  • Final Value: 431,357
  • High Value: 536,442
  • Low Value: 326,271

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: May 03, 2021
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $304,600
  • Market Land Value: $35,000
  • Market Improvement Value: $269,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $76,150
  • Assessed Land Value: $8,750
  • Assessed Improvements Value: $67,400

    Sales

  • Current Sale Contract Date: Apr 29, 2021
  • Current Sale Recording Date: May 03, 2021
  • Current Sale Transaction ID: 11833629846
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21004082
  • Previous Sale Recording Date: May 17, 2017
  • Previous Sale Contract Date: May 10, 2017
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: May 03, 2021
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2036

About Oakland



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Frequently Asked Questions

What neighborhood is 375 Running Brook Lane located in?
The 375 Running Brook Lane is a located in the neighborhood of Fayette in Oakland, Oakland.
What is the average sales price for listings in 375 Running Brook Lane?
The average sales price for units in 375 Running Brook Lane is $0 currently.

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