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5114 Meadowlake Road

5114 Meadowlake Road, Brentwood, TN 37027
Property in Williamson
Sold Sep 10, 2021
$3,316,031
$100,000 by Bank Of America Na
Mortgage Due Sep 01, 2051
Sold Aug 06, 2019
$665,000
$598,500 by Franklin Synergy Bank
Mortgage
5114 Meadowlake Road 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 2021 and is 3 years old. Residents will have access to 6 full bathrooms. There are 7 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5114 Meadowlake Road has 7,213 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 3,050 ft and across the front of the lot is 1,790 ft. The area measurement of the land has been determined as 54,595 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 1,428 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. Love to swim? You'll be excited to find out that there is a pool on the property. 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 A by the local assessor. The building has a gable style roof made of asphalt. 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. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer 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, 5114 Meadowlake Road sold most recently in Aug 24, 2021 for a total of $3,316,031. If you work out the math, that's approximately a cost of $372.38 per sqft. Before that, the property was also sold for $665,000 in Jul 31, 2019. 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 $0 in taxes each year. The initial year of tax delinquency occurred in 2020. 5114 Meadowlake Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $664,200. If we break it down further, the land itself was valued at $86,250. Improvements to the property, however, were assessed at a total of $577,950. 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: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Bathroom Plumbing Fixtures: 26
  • Building Condition: Average
  • Building Quality: A
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 1,428
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 54,595
  • Lot Size Depth Feet: 3,050
  • Lot Size Frontage Feet: 1,790
  • Total Building Area: 8,905
  • Gross Building Area: 8,905
  • Building Area: 7,213
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 7,213
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MEADOW LAKE
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD MEADOW LAKE SEC 1 PB 2 PG 99 LOT 0054

Ownership

  • Current Owner : PATEL MITUL K
  • Current Owner 2: PATEL YASMIN S
  • Previous Owner : TCG 5114 MEADOWLAKE CRE LLC
  • Owner Before Previous Owner: SATTERWHITE AME
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Williamson County School District
  • Census Tract: 050304

Geography

  • Assessors Map Reference: 011I
  • District: 086
  • Parcel: 011H-C-008.00-000
  • Lot: 0054
  • Municipality: BRENTWOOD
  • Latitude: 36.0261
  • Longitude: -86.8028

    Address

  • Full Address: 5114 Meadowlake Rd
  • Address - House Number: 5114
  • Address - Street Name: Meadowlake
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Brentwood
  • Carrier Code: R011
  • 4-Digit Zip Code: 5133
  • Zip Code: 37027

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 1,933,292
  • High Value: 2,340,231
  • Low Value: 1,526,353

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Sep 10, 2021
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $2,656,800
  • Market Land Value: $345,000
  • Market Improvement Value: $2,311,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $664,200
  • Assessed Land Value: $86,250
  • Assessed Improvements Value: $577,950

    Sales

  • Current Sale Contract Date: Aug 24, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Transaction ID: 11854660131
  • Current Sale Price: $3,316,031
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21054403
  • Previous Sale Recording Date: Aug 06, 2019
  • Previous Sale Contract Date: Jul 31, 2019
  • Previous Sale Amount: $665,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Sep 10, 2021
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN SYNERGY BANK
  • Previous Mortgage Transaction Date: Aug 06, 2019
  • Previous Mortgage Loan Amount: $598,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Brentwood



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Frequently Asked Questions

What neighborhood is 5114 Meadowlake Road located in?
The 5114 Meadowlake Road is a located in the neighborhood of Williamson in Brentwood, Brentwood.
What is the average sales price for listings in 5114 Meadowlake Road?
The average sales price for units in 5114 Meadowlake Road is $0 currently.

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