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559 Lakewood Drive

559 Lakewood Drive, Jackson, TN 38305
House in Madison
Sold Sep 04, 2019
$180,000
$166,000 by Amerihome Mortgage Company Llc
Mortgage Due Feb 01, 2037
Sold Oct 30, 1991
$92,000
559 Lakewood Drive has been categorized by the local assessors in Jackson, TN as a residential type of property. The building on the property was first built in 1986 and is 38 years old. However, we must point out that the home was most recently renovated and altered in 2003. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 559 Lakewood Drive has 1,864 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 117,612 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 484 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. 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 brick. 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 air conditioning at the moment. In terms of heating, it is utilizing a heat pump. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer 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, 559 Lakewood Drive was last sold in Sep 3, 2019 for $180,000. According to our calculations, that's $76.66 per sqft. Prior to that sales transaction, the property was sold for $92,000 in Jan 1, 1970. Current property owners are expected to pay $1,004 in taxes per year. The property on 559 Lakewood Drive was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $53,575. To break that down further, the land itself was valued at $6,250. While improvements to the property were assessed at a total of $47,325. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • 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: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 117,612
  • Total Building Area: 2,348
  • Gross Building Area: 2,348
  • Building Area: 1,864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SPRINGBROOK
  • Land Acres: 2.7
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SPRINGBROOK PB 0002 PG 0251 LOT 0066

Ownership

  • Current Owner : SIDWELL MELANI
  • Current Owner 2: SIDWELL BARRY
  • Previous Owner : CRAIG CATHY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jackson-Madison County School System
  • Census Tract: 001502

Geography

  • Assessors Map Reference: 023L
  • District: 04
  • Parcel: 023L-A-010.00
  • Lot: 66
  • Latitude: 35.7359
  • Longitude: -88.6494

    Address

  • Full Address: 559 Lakewood Dr E
  • Address - House Number: 559
  • Street Segment Direction: E
  • Address - Street Name: Lakewood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Jackson
  • Carrier Code: R013
  • 4-Digit Zip Code: 6217
  • Zip Code: 38305

Valuation

    Tax

  • Total Area: 1,864
  • Tax Year: 2023
  • Tax Amount: $1,004
  • Tax Rate Code Area: 57A00

    Appraisal Valuation

  • Standard Deviation: 0.2693
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 61
  • Final Value: 338,015
  • High Value: 429,064
  • Low Value: 246,966

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $166,000
  • First Open Lien Mortgage Lender: AMERIHOME MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Feb 02, 2022
  • First Open Lien Mortgage Loan Amount: $166,000
  • 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, 2037

    Market Valuation

  • Market Total Value: $214,300
  • Market Land Value: $25,000
  • Market Improvement Value: $189,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $53,575
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $47,325

    Sales

  • Current Sale Contract Date: Sep 03, 2019
  • Current Sale Recording Date: Sep 04, 2019
  • Current Sale Transaction ID: 11644022076
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19010901
  • Previous Sale Recording Date: Oct 30, 1991
  • Previous Sale Amount: $92,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIMMONS BANK
  • First Mortgage Transaction Date: Sep 04, 2019
  • First Mortgage Loan Amount: $171,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

About Madison



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Frequently Asked Questions

What neighborhood is 559 Lakewood Drive located in?
The 559 Lakewood Drive is a house located in the neighborhood of Madison in Madison, Jackson.
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