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517 Old Douglas Lane

517 Old Douglas Lane, Gallatin, TN 37066
Property in Sumner
Sold Sep 19, 2003
$225,500
$96,687 by First Tennessee Bank Na
Mortgage Due Feb 01, 2026
Sold Sep 19, 2003
$204,750
517 Old Douglas Lane has been categorized by the local assessors in Gallatin, TN as a residential type of property. The building on the property was first built in 1988 and is 36 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 517 Old Douglas Lane has 2,840 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,500 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 217,800 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. Residents will have the luxury of enjoying a screened porch. 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 unknown. 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 a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Aug 19, 2003 for $225,500. That's $79.40 per sqft. Prior to that sales transaction, the property was also sold in Jul 11, 2003 for $204,750. 517 Old Douglas Lane was last assessed in 2023. The total value of the property was assessed at $113,225. Specifically, the land the property is located on was valued at $38,875. While improvements on the property were assessed at a total of $74,350. 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 $2,550. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1988
  • Effective Year Built: 1988
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • 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: Full basement
  • Basement Area: 1,500
  • Parking Type: Attached
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 2,840
  • Gross Building Area: 7,192
  • Building Area: 2,840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 09, COUNTY AREA: D00

Ownership

  • Current Owner : HAMILTON OWEN R
  • Current Owner 2: HAMILTON KELLY JO ANN
  • Previous Owner : BANK OF NEW YORK
  • Owner Before Previous Owner: MORTIMORE SHIRLEY ANN
  • Owner Before Previous Owner 2: COSMOS MORTGAGE BANKERS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Sumner County School District
  • Census Tract: 020503

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 104
  • District: 09
  • Parcel: 083104 08904
  • Latitude: 36.4262
  • Longitude: -86.4682

    Address

  • Full Address: 517 Old Douglas Rd
  • Address - House Number: 517
  • Address - Street Name: Old Douglas
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Gallatin
  • Carrier Code: R001
  • 4-Digit Zip Code: 7737
  • Zip Code: 37066

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,550
  • Tax Rate Code Area: 83A00

    Appraisal Valuation

  • Standard Deviation: 0.1451
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 82
  • Final Value: 696,557
  • High Value: 797,670
  • Low Value: 595,444

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $96,687
  • First Open Lien Mortgage Lender: FIRST TENNESSEE BANK NA
  • First Open Lien Mortgage Recording Date: Feb 08, 2011
  • First Open Lien Mortgage Loan Amount: $96,687
  • 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: Feb 01, 2026

    Market Valuation

  • Market Total Value: $452,900
  • Market Land Value: $155,500
  • Market Improvement Value: $297,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,225
  • Assessed Land Value: $38,875
  • Assessed Improvements Value: $74,350

    Sales

  • Current Sale Contract Date: Aug 19, 2003
  • Current Sale Recording Date: Sep 19, 2003
  • Current Sale Transaction ID: 1146142897
  • Current Sale Price: $225,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 672661
  • Previous Sale Recording Date: Sep 19, 2003
  • Previous Sale Contract Date: Jul 11, 2003
  • Previous Sale Amount: $204,750
  • Previous Sale Document Type: Correction Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TENNESSEE BANK NA
  • First Mortgage Transaction Date: Sep 19, 2003
  • First Mortgage Loan Amount: $40,586
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Aug 19, 2018

About Sumner



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Frequently Asked Questions

What neighborhood is 517 Old Douglas Lane located in?
The 517 Old Douglas Lane is a located in the neighborhood of Sumner in Sumner, Gallatin.
What is the average sales price for listings in 517 Old Douglas Lane?
The average sales price for units in 517 Old Douglas Lane is $0 currently.

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