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552 Basswood Lane

552 Basswood Lane, Kodak, TN 37764
House in Sevier
Sold Aug 06, 2021
$350,000
$280,000 by Cardinal Financial Company Lp
Mortgage Due Sep 01, 2051
Sold Feb 20, 2019
$275,000
$220,000 by Gateway Mortgage Group Llc
Mortgage Due Mar 01, 2049
552 Basswood Lane in Kodak, TN was first built in 1968 and is 56 years old. Although, the building on the property was most recently renovated and altered in 2005. 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 are a total of 3 full bathrooms. There are 4 partial bathrooms. 552 Basswood Lane has 3,168 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. The basement is 1,744 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 39,640 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a water system. The property is connected to a sewer system. 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 paneling. 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 a packaged air conditioning unit. As for heating, the home is utilizing a heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 552 Basswood Lane was last sold in Aug 6, 2021 for $350,000. According to our calculations, that's $87.50 per sqft. Prior to that sales transaction, the property was sold for $275,000 in Feb 20, 2019. Current property owners are expected to pay $961 in taxes per year. The property on 552 Basswood Lane was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $64,925. To break that down further, the land itself was valued at $6,750. While improvements to the property were assessed at a total of $58,175. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior
Vinyl Siding
Masonry Exterior

Parking

Attached Garage
Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 2005
  • 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
  • Building Style: Custom
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 1,744
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 39,640
  • Total Building Area: 4,000
  • Gross Building Area: 4,000
  • Building Area: 3,168
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 3,168
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: DOUGLAS BURKHARDT PROP
  • Land Acres: 0.91
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DOUGLAS BURKHARDT PROP PB 43 PG 14 LOT 5

Ownership

  • Current Owner : JORDT JOHN E
  • Current Owner 2: JORDT GINGER J
  • Previous Owner : TAYLOR ROBERT A
  • Owner Before Previous Owner: BURKHARDT DOUGLAS S
  • Owner Before Previous Owner 2: BURKHARDT PEGGY

Neighborhood

  • School District Name: Sevier County School District
  • Census Tract: 080101

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 005P
  • District: 12
  • Parcel: 008A-A-006.01
  • Lot: 5
  • Municipality: SEVIER COUNTY
  • Latitude: 35.9951
  • Longitude: -83.6327

    Address

  • Full Address: 552 Basswood Ln
  • Address - House Number: 552
  • Address - Street Name: Basswood
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Kodak
  • Carrier Code: R007
  • 4-Digit Zip Code: 1469
  • Zip Code: 37764

Valuation

    Tax

  • Total Area: 2,256
  • Tax Year: 2022
  • Tax Amount: $961
  • Tax Rate Code Area: 78A00

    Appraisal Valuation

  • Standard Deviation: 0.246
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 65
  • Final Value: 440,219
  • High Value: 548,522
  • Low Value: 331,915

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $280,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Aug 06, 2021
  • First Open Lien Mortgage Loan Amount: $280,000
  • 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: $259,700
  • Market Land Value: $27,000
  • Market Improvement Value: $232,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $64,925
  • Assessed Land Value: $6,750
  • Assessed Improvements Value: $58,175

    Sales

  • Current Sale Contract Date: Aug 06, 2021
  • Current Sale Recording Date: Aug 06, 2021
  • Current Sale Transaction ID: 11847224984
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21028912
  • Previous Sale Recording Date: Feb 20, 2019
  • Previous Sale Contract Date: Feb 20, 2019
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Aug 06, 2021
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GATEWAY MORTGAGE GROUP LLC
  • Previous Mortgage Transaction Date: Feb 20, 2019
  • Previous Mortgage Loan Amount: $220,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2049

About Sevier



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Frequently Asked Questions

What neighborhood is 552 Basswood Lane located in?
The 552 Basswood Lane is a house located in the neighborhood of Sevier in Sevier, Kodak.
What is the average sales price for listings in 552 Basswood Lane?
The average sales price for units in 552 Basswood Lane is $350,000 , or $112/sqft. currently.

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