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4701 Potomac Lane

4701 Potomac Lane, Brentwood, TN 37027
Property in Brenton Park
Sold Dec 09, 2020
$520,000
$416,000 by F & M Bank
Mortgage Due Dec 01, 2045
Sold Oct 19, 2017
$380,000
$304,000 by Farmington Mortgage
Mortgage Due Nov 01, 2047
4701 Potomac Lane has been categorized by the local assessors in Brentwood, TN as a residential type of property. The building on the property was first built in 1993 and is 31 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4701 Potomac Lane has 2,824 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 700 ft and across the front of the lot is 920 ft. The area measurement of the land has been determined as 7,841 square feet.

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 462 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. 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 exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 4701 Potomac Lane sold most recently in Nov 12, 2020 for a total of $520,000. If you work out the math, that's approximately a cost of $184.14 per sqft. Before that, the property was also sold for $380,000 in Oct 18, 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 $3,859 in taxes each year. 4701 Potomac Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $118,600. If we break it down further, the land itself was valued at $23,250. Improvements to the property, however, were assessed at a total of $95,350. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1993
  • Effective Year Built: 1993
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 700
  • Lot Size Frontage Feet: 920
  • Total Building Area: 2,824
  • Gross Building Area: 3,745
  • Building Area: 2,824
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,824
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAN OF FREDERICKSBURG SECTION 1 A
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 213 FREDERICKSBURG SECTION 1A

Ownership

  • Current Owner : LIBERSON ALEXA MICHELLE
  • Current Owner 2: CLARKSON BRET EDWARD
  • Previous Owner : GANICK CHANDLER SCOTT
  • Previous Owner 2: GANICK NICOLE BURNETTE
  • Owner Before Previous Owner: ALLISON MICHAEL
  • Owner Before Previous Owner 2: RIDENOUR TRISTA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Nashville-Davidson County School District
  • Census Tract: 018804

Zoning

  • Zoning: R20

Geography

  • Section: 1
  • Parcel: 171-03-0A-032-00
  • Lot: 213
  • Municipality: 55-USD
  • Latitude: 36.0346
  • Longitude: -86.7637

    Address

  • Full Address: 4701 Potomac Ln
  • Address - House Number: 4701
  • Address - Street Name: Potomac
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Brentwood
  • Carrier Code: R044
  • 4-Digit Zip Code: 4749
  • Zip Code: 37027

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,859
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2387
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 766,882
  • High Value: 949,937
  • Low Value: 583,827

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $416,000
  • First Open Lien Mortgage Lender: F & M BANK
  • First Open Lien Mortgage Recording Date: Dec 09, 2020
  • First Open Lien Mortgage Loan Amount: $416,000
  • First Open Lien Mortgage Term: 299
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2045

    Market Valuation

  • Market Total Value: $474,400
  • Market Land Value: $93,000
  • Market Improvement Value: $381,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,600
  • Assessed Land Value: $23,250
  • Assessed Improvements Value: $95,350

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Dec 09, 2020
  • Current Sale Transaction ID: 11805358342
  • Current Sale Price: $520,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201209-0144001
  • Previous Sale Recording Date: Oct 19, 2017
  • Previous Sale Contract Date: Oct 18, 2017
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: F & M BANK
  • First Mortgage Transaction Date: Dec 09, 2020
  • First Mortgage Loan Amount: $416,000
  • First Mortgage Terms: 299
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: FARMINGTON MORTGAGE
  • Previous Mortgage Transaction Date: Oct 19, 2017
  • Previous Mortgage Loan Amount: $304,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Brenton Park



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Frequently Asked Questions

What neighborhood is 4701 Potomac Lane located in?
The 4701 Potomac Lane is a located in the neighborhood of Brenton Park in Brenton Park, Brentwood.
What is the average sales price for listings in 4701 Potomac Lane?
The average sales price for units in 4701 Potomac Lane is $0 currently.

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