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462 Old Lake City Highway

462 Old Lake City Highway, Lake City, TN 37769
Property in Anderson
Sold Mar 01, 2016
$50,000
$45,000 by Ornl Fcu
Mortgage Due Feb 18, 2026
462 Old Lake City Highway in Lake City, TN was first built in 1900 and is 124 years old. Although, the building on the property was most recently renovated and altered in 1966. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 462 Old Lake City Highway has 864 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. In total, the area measurement of the land is 152,460 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a carport. There is one available parking space. 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 unknown. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing no heating system. 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, 462 Old Lake City Highway sold most recently in Feb 18, 2016 for a total of $50,000. If you work out the math, that's approximately a cost of $57.87 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 $423 in taxes each year. 462 Old Lake City Highway was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $16,075. If we break it down further, the land itself was valued at $7,275. Improvements to the property, however, were assessed at a total of $8,800. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1900
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 152,460
  • Total Building Area: 864
  • Gross Building Area: 992
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: EM BEASLEYS FARM SUB
  • Land Acres: 3.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 01 029 029 01800 000

Ownership

  • Current Owner : KLEMANN DIANE CHERYL
  • Current Owner 2: ROSE JOHN ANDREW
  • Previous Owner : JORDAN DONALD K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Anderson County School District
  • Census Tract: 021100

Geography

  • Assessors Map Reference: 029
  • District: 01
  • Parcel: 029-018.00
  • Lot: 12
  • Municipality: ANDERSON COUNTY
  • Latitude: 36.1979
  • Longitude: -84.1549

    Address

  • Full Address: 462 Old Lake City Hwy
  • Address - House Number: 462
  • Address - Street Name: Old Lake City
  • Address - Suffix Type: Hwy
  • State: TN
  • City Name: Clinton
  • Zip Code: 37716

Valuation

    Tax

  • Total Area: 864
  • Tax Year: 2023
  • Tax Amount: $423
  • Tax Rate Code Area: 01A00

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 59,360
  • High Value: 86,614
  • Low Value: 32,105

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $45,000
  • First Open Lien Mortgage Lender: ORNL FCU
  • First Open Lien Mortgage Recording Date: Mar 01, 2016
  • First Open Lien Mortgage Loan Amount: $45,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 18, 2026

    Market Valuation

  • Market Total Value: $64,300
  • Market Land Value: $29,100
  • Market Improvement Value: $35,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $16,075
  • Assessed Land Value: $7,275
  • Assessed Improvements Value: $8,800

    Sales

  • Current Sale Contract Date: Feb 18, 2016
  • Current Sale Recording Date: Mar 01, 2016
  • Current Sale Transaction ID: 1453810548
  • Current Sale Price: $50,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16001618

    Last Sale Mortgage

  • First Mortgage Lender: ORNL FCU
  • First Mortgage Transaction Date: Mar 01, 2016
  • First Mortgage Loan Amount: $45,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 18, 2026

About Anderson



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Frequently Asked Questions

What neighborhood is 462 Old Lake City Highway located in?
The 462 Old Lake City Highway is a located in the neighborhood of Anderson in Anderson, Lake City.
What is the average sales price for listings in 462 Old Lake City Highway?
The average sales price for units in 462 Old Lake City Highway is $0 currently.

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