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628 Tanasi Lane

628 Tanasi Lane, Loudon, TN 37774
House in Loudon
Sold May 14, 2019
$1,075,000
$250,000 by Gateway Mortgage Group Llc
Mortgage Due Jun 01, 2049
Sold May 06, 2005
$1,165,000
628 Tanasi Lane has been categorized by the local assessors in Loudon, TN as a residential type of property. The building on the property was first built in 1998 and is 26 years old. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 628 Tanasi Lane has 5,608 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 partial basement that is 754 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 25,700 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 792 sqft. According to our sources, there are a total of 3 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 A 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. 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. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 628 Tanasi Lane was last sold in May 13, 2019 for $1,075,000. According to our calculations, that's $150.27 per sqft. Prior to that sales transaction, the property was sold for $1,165,000 in Jan 1, 1970. Current property owners are expected to pay $4,522 in taxes per year. The property on 628 Tanasi Lane was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $297,850. To break that down further, the land itself was valued at $100,000. While improvements to the property were assessed at a total of $197,850. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: A
  • 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: Partial basement
  • Basement Area: 754
  • Garage Type: Attached
  • Garage Square Area: 792
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 7,154
  • Gross Building Area: 7,507
  • Building Area: 5,608
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 5,608
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TANASI COVES
  • Land Acres: 0.59
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: TANASI COVES BLK: 4 LOT: 7 01 055B D 055B 00700 000

Ownership

  • Current Owner : THOMAS J GHABERSTON FAMILY TRUST
  • Previous Owner : ROBERT B MATHEWS
  • Previous Owner 2: ROBERT JEAN K MATHEWS
  • Owner Before Previous Owner: BLACK ARTHUR H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Loudon County School District
  • School Tax School District: 53957
  • Census Tract: 060505

Geography

  • Assessors Map Reference: 050D
  • District: 01
  • Parcel: 050D-L-007.00
  • Block: 4
  • Lot: 7
  • Municipality: TELLICO VILLAGE
  • Latitude: 35.7149
  • Longitude: -84.2564

    Address

  • Full Address: 628 Tanasi Ln
  • Address - House Number: 628
  • Address - Street Name: Tanasi
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Loudon
  • Carrier Code: R008
  • 4-Digit Zip Code: 3134
  • Zip Code: 37774

Valuation

    Tax

  • Total Area: 2,773
  • Tax Year: 2022
  • Tax Amount: $4,522
  • Tax Rate Code Area: 53A05

    Appraisal Valuation

  • Standard Deviation: 0.1733
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 1,570,996
  • High Value: 1,843,265
  • Low Value: 1,298,727

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: GATEWAY MORTGAGE GROUP LLC
  • First Open Lien Mortgage Recording Date: May 14, 2019
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Jun 01, 2049
  • Second Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • Second Open Lien Mortgage Recording Date: Apr 20, 2020
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $1,191,400
  • Market Land Value: $400,000
  • Market Improvement Value: $791,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $297,850
  • Assessed Land Value: $100,000
  • Assessed Improvements Value: $197,850

    Sales

  • Current Sale Contract Date: May 13, 2019
  • Current Sale Recording Date: May 14, 2019
  • Current Sale Transaction ID: 11609346796
  • Current Sale Price: $1,075,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19004030
  • Previous Sale Recording Date: May 06, 2005
  • Previous Sale Amount: $1,165,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY MORTGAGE GROUP LLC
  • First Mortgage Transaction Date: May 14, 2019
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

About Tellico Village



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Frequently Asked Questions

What neighborhood is 628 Tanasi Lane located in?
The 628 Tanasi Lane is a house located in the neighborhood of Loudon in Tellico Village, Loudon.
What is the average sales price for listings in 628 Tanasi Lane?
The average sales price for units in 628 Tanasi Lane is $0 currently.

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