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657 Lake Terrace Drive

657 Lake Terrace Drive, Nashville, TN 37217
Property in Castlegate
Sold Jul 13, 2021
$320,000
$296,400 by Cardinal Financial Company Lp
Mortgage Due Aug 01, 2051
Sold Sep 27, 2006
$152,000
$127,840 by Opteum Financial Services Llc
Mortgage Due Oct 01, 2036
657 Lake Terrace Drive has been categorized by the local assessors in Nashville, TN as a residential type of property. The building on the property was first built in 1975 and is 49 years old. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 657 Lake Terrace Drive has 1,938 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,720 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 15,682 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 441 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. 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 roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jun 8, 2021 for $320,000. That's $165.12 per sqft. Prior to that sales transaction, the property was also sold in Sep 22, 2006 for $152,000. 657 Lake Terrace Drive was last assessed in 2023. The total value of the property was assessed at $61,525. Specifically, the land the property is located on was valued at $12,500. While improvements on the property were assessed at a total of $49,025. 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 $2,002. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Roof Cover Type: Other
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 441
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Depth Feet: 1,720
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,938
  • Gross Building Area: 3,033
  • Building Area: 1,938
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,938
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAN OF CASTLEGATE SECTION 1
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 135 CASTLEGATE SECTION 1

Ownership

  • Current Owner : RAYO NAVARRO ALEJANDRA
  • Previous Owner : KEITH DOTSON
  • Previous Owner 2: KEITH CARLA DOTSON
  • Owner Before Previous Owner: JENNER JEFFREY R
  • Owner Before Previous Owner 2: JENNER ANN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 015618

Zoning

  • Zoning: R10

Geography

  • Section: 1
  • Parcel: 136-14-0-057-00
  • Lot: 135
  • Municipality: 55-USD
  • Latitude: 36.0844
  • Longitude: -86.6154

    Address

  • Full Address: 657 Lake Terrace Dr
  • Address - House Number: 657
  • Address - Street Name: Lake Terrace
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Nashville
  • Carrier Code: C016
  • 4-Digit Zip Code: 4212
  • Zip Code: 37217

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,002
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.239
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 66
  • Final Value: 389,884
  • High Value: 483,099
  • Low Value: 296,670

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $296,400
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Jul 13, 2021
  • First Open Lien Mortgage Loan Amount: $296,400
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $246,100
  • Market Land Value: $50,000
  • Market Improvement Value: $196,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,525
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $49,025

    Sales

  • Current Sale Contract Date: Jun 08, 2021
  • Current Sale Recording Date: Jul 13, 2021
  • Current Sale Transaction ID: 11842240419
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210713-0094301
  • Previous Sale Recording Date: Sep 27, 2006
  • Previous Sale Contract Date: Sep 22, 2006
  • Previous Sale Amount: $152,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Jul 13, 2021
  • First Mortgage Loan Amount: $296,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: OPTEUM FINANCIAL SERVICES LLC
  • Previous Mortgage Transaction Date: Sep 27, 2006
  • Previous Mortgage Loan Amount: $127,840
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Oct 01, 2036

About Castlegate



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Frequently Asked Questions

What neighborhood is 657 Lake Terrace Drive located in?
The 657 Lake Terrace Drive is a located in the neighborhood of Castlegate in Castlegate, Nashville.
What is the average sales price for listings in 657 Lake Terrace Drive?
The average sales price for units in 657 Lake Terrace Drive is $0 currently.

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