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3864 Lake Aire Drive

3864 Lake Aire Drive, Nashville, TN 37217
Property in Priest Lake Park
Sold Jun 05, 2007
$216,000
$194,400 by First Franklin Financial Corp
Mortgage Due Jun 01, 2037
Sold Jun 06, 2006
$152,000
$121,600 by Option One Mortgage Corp
Mortgage Due Jun 01, 2036
Local assessors in Nashville, TN have categorized 3864 Lake Aire Drive as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 15,682 square feet. The linear feet between the front and back of the lot was measured at 1,750 ft and the front of the lot was measured at 860 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. 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 3864 Lake Aire Drive has a total of 3,108 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. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 roof that is made of materials that we aren't sure of. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 1, 2007 for $216,000. That's $69.50 per sqft. Prior to that sales transaction, the property was also sold in Mar 23, 2006 for $152,000. 3864 Lake Aire Drive was last assessed in 2023. The total value of the property was assessed at $75,500. Specifically, the land the property is located on was valued at $12,500. While improvements on the property were assessed at a total of $63,000. 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 $2,457. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Other
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 860
  • Total Building Area: 3,108
  • Gross Building Area: 3,453
  • Building Area: 3,108
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,108
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAN OF PRIEST LAKE PARK SECTION 2
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 95 PRIEST LAKE PARK SEC 2

Ownership

  • Current Owner : MORGAN JAMES
  • Previous Owner : PRESTON VAN A
  • Owner Before Previous Owner: WELLS FARGO BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 015617

Zoning

  • Zoning: R10

Geography

  • Section: 2
  • Parcel: 136-03-0-020-00
  • Lot: 95
  • Municipality: 55-USD
  • Latitude: 36.1011
  • Longitude: -86.6048

    Address

  • Full Address: 3864 Lake Aire Dr
  • Address - House Number: 3864
  • Address - Street Name: Lake Aire
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Nashville
  • Carrier Code: C012
  • 4-Digit Zip Code: 4708
  • Zip Code: 37217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,457
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2318
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 492,414
  • High Value: 606,587
  • Low Value: 378,241

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $355,600
  • First Open Lien Mortgage Lender: FIRST FRANKLIN FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Jun 05, 2007
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $194,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone First
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037
  • Second Open Lien Mortgage Lender: COMMUNITY MORTGAGE LLC
  • Second Open Lien Mortgage Recording Date: Mar 27, 2020
  • Second Open Lien Mortgage Loan Amount: $161,200
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2035

    Market Valuation

  • Market Total Value: $302,000
  • Market Land Value: $50,000
  • Market Improvement Value: $252,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,500
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $63,000

    Sales

  • Current Sale Contract Date: Jun 01, 2007
  • Current Sale Recording Date: Jun 05, 2007
  • Current Sale Transaction ID: 1154379595
  • Current Sale Price: $216,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 200706050067028
  • Previous Sale Recording Date: Jun 06, 2006
  • Previous Sale Contract Date: Mar 23, 2006
  • Previous Sale Amount: $152,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FRANKLIN FINANCIAL CORP
  • First Mortgage Transaction Date: Jun 05, 2007
  • First Mortgage Loan Amount: $194,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone First
  • First Mortgage Loan Due Date: Jun 01, 2037

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: OPTION ONE MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 06, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $121,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jun 01, 2036

About Priest Lake Park



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Frequently Asked Questions

What neighborhood is 3864 Lake Aire Drive located in?
The 3864 Lake Aire Drive is a located in the neighborhood of Priest Lake Park in Priest Lake Park, Nashville.
What is the average sales price for listings in 3864 Lake Aire Drive?
The average sales price for units in 3864 Lake Aire Drive is $0 currently.

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