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54 Suggs Drive

54 Suggs Drive, Lebanon, TN 37087
House in Wilson
Sold Jun 11, 2020
$284,000
$269,800 by Cardinal Financial Company Lp
Mortgage Due Jun 01, 2050
Sold Oct 07, 2014
$197,000
$193,431 by Primary Residential Mortgage
Mortgage
Local assessors in Lebanon, TN have categorized 54 Suggs Drive as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 43,560 square feet. The linear feet between the front and back of the lot was measured at 1,120 ft and the front of the lot was measured at 508 ft. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 54 Suggs Drive has a total of 2,172 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown 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. 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 gable or hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 54 Suggs Drive sold most recently in May 29, 2020 for a total of $284,000. If you work out the math, that's approximately a cost of $110.42 per sqft. Before that, the property was also sold for $197,000 in Sep 26, 2014. 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 $453 in taxes each year. 54 Suggs Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $66,025. If we break it down further, the land itself was valued at $13,750. Improvements to the property, however, were assessed at a total of $52,275. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • 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: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 508
  • Total Building Area: 2,572
  • Gross Building Area: 2,572
  • Building Area: 2,172
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,172
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SPENCE CREEK PH 4 5 6
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SPENCE CREEK PH 4 5 6 PB 26 PG 536 LOT 192 HOUSE PRORATE 2008 FULL VALUE 2009 50.77 X 112

Ownership

  • Current Owner : LIPFORD DAVID H
  • Current Owner 2: LIPFORD KATHERINE H
  • Previous Owner : CREEKMORE STEPHEN S
  • Previous Owner 2: CREEKMORE CAREY A
  • Owner Before Previous Owner: PITTENGER DONNA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wilson County School District
  • School Tax School District: 95404
  • Census Tract: 030206

Zoning

  • Zoning: R1A

Geography

  • Assessors Map Reference: 048F
  • District: 02
  • Parcel: 048F-D-041.00
  • Lot: 192
  • Municipality: LEBANON
  • Latitude: 36.2518
  • Longitude: -86.4447

    Address

  • Full Address: 54 Suggs Dr
  • Address - House Number: 54
  • Address - Street Name: Suggs
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Lebanon
  • Carrier Code: R020
  • 4-Digit Zip Code: 7622
  • Zip Code: 37087

Valuation

    Tax

  • Total Area: 886
  • Tax Year: 2023
  • Tax Amount: $453
  • Tax Rate Code Area: 95F01

    Appraisal Valuation

  • Standard Deviation: 0.2
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 429,010
  • High Value: 514,841
  • Low Value: 343,180

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $332,800
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Jun 11, 2020
  • First Open Lien Mortgage Loan Amount: $269,800
  • 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: Jun 01, 2050
  • Second Open Lien Mortgage Lender: BANCORPSOUTH BANK
  • Second Open Lien Mortgage Recording Date: Jan 28, 2022
  • Second Open Lien Mortgage Loan Amount: $63,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 26, 2031

    Market Valuation

  • Market Total Value: $264,100
  • Market Land Value: $55,000
  • Market Improvement Value: $209,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $66,025
  • Assessed Land Value: $13,750
  • Assessed Improvements Value: $52,275

    Sales

  • Current Sale Contract Date: May 29, 2020
  • Current Sale Recording Date: Jun 11, 2020
  • Current Sale Transaction ID: 11767582551
  • Current Sale Price: $284,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20709108
  • Previous Sale Recording Date: Oct 07, 2014
  • Previous Sale Contract Date: Sep 26, 2014
  • Previous Sale Amount: $197,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Jun 11, 2020
  • First Mortgage Loan Amount: $269,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE
  • Previous Mortgage Transaction Date: Oct 07, 2014
  • Previous Mortgage Loan Amount: $193,431
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Lebanon



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 54 Suggs Drive located in?
The 54 Suggs Drive is a house located in the neighborhood of Wilson in Lebanon, Lebanon.
What is the average sales price for listings in 54 Suggs Drive?
The average sales price for units in 54 Suggs Drive is $284,000 , or $129/sqft. currently.

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