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8454 Lane Road

8454 Lane Road, Lascassas, TN 37085
Property in Rutherford
Sold Mar 29, 2018
$150,000
$120,000 by Wilson Bank & Trust
Mortgage Due Apr 01, 2048
Sold Mar 29, 2018
$150,000
$120,000 by Wilson Bank & Trust
Mortgage Due Apr 01, 2048
Local assessors in Lascassas, TN have categorized 8454 Lane Road as a residential type of property. The home was built in 1972 and is 52 years old. It was most recently renovated and altered in 2003. The property's lot size has been calculated to be 112,385 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8454 Lane Road has a total of 1,700 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 water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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 gravel/rock. Lots of alum/vinyl siding 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. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source. 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, 8454 Lane Road sold most recently in Mar 28, 2018 for a total of $150,000. If you work out the math, that's approximately a cost of $88.24 per sqft. Before that, the property was also sold for $150,000 in Mar 28, 2018. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,288 in taxes each year. 8454 Lane Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $68,650. If we break it down further, the land itself was valued at $19,100. Improvements to the property, however, were assessed at a total of $49,550. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 2003
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 112,385
  • Total Building Area: 1,700
  • Building Area: 1,700
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,700
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 2.58
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)

Ownership

  • Current Owner : LANE JACK R
  • Previous Owner : JONES JULIA LYNN
  • Previous Owner 2: MCCORMACK RITA MARIE
  • Owner Before Previous Owner: JONES JULIA LYNN
  • Owner Before Previous Owner 2: MCCORMACK RITA MARIE

Neighborhood

  • School District Name: Rutherford County School District
  • Census Tract: 040502

Geography

  • Account Number: R0024315
  • District: 000
  • Parcel: 037-022.01-000
  • Municipality: RUTHERFORD
  • Latitude: 35.9541
  • Longitude: -86.3355

    Address

  • Full Address: 8454 Lane Rd
  • Address - House Number: 8454
  • Address - Street Name: Lane
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Lascassas
  • Carrier Code: R002
  • 4-Digit Zip Code: 4126
  • Zip Code: 37085

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,288

    Appraisal Valuation

  • Standard Deviation: 0.1345
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 84
  • Final Value: 374,867
  • High Value: 425,320
  • Low Value: 324,414

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $275,000
  • First Open Lien Mortgage Lender: WILSON BANK & TRUST
  • First Open Lien Mortgage Recording Date: Mar 29, 2018
  • First Open Lien Mortgage Loan Amount: $120,000
  • 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: Apr 01, 2048
  • Second Open Lien Mortgage Lender: A MORTGAGE BOUTIQUE LLC
  • Second Open Lien Mortgage Recording Date: Oct 06, 2020
  • Second Open Lien Mortgage Loan Amount: $155,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $274,600
  • Market Land Value: $76,400
  • Market Improvement Value: $198,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,650
  • Assessed Land Value: $19,100
  • Assessed Improvements Value: $49,550

    Sales

  • Current Sale Contract Date: Mar 28, 2018
  • Current Sale Recording Date: Mar 29, 2018
  • Current Sale Transaction ID: 11442222684
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2138237
  • Previous Sale Recording Date: Mar 29, 2018
  • Previous Sale Contract Date: Mar 28, 2018
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILSON BANK & TRUST
  • First Mortgage Transaction Date: Mar 29, 2018
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: WILSON BANK & TRUST
  • Previous Mortgage Transaction Date: Mar 29, 2018
  • Previous Mortgage Loan Amount: $120,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2048

About Rutherford



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Frequently Asked Questions

What neighborhood is 8454 Lane Road located in?
The 8454 Lane Road is a located in the neighborhood of Rutherford in Rutherford, Lascassas.
What is the average sales price for listings in 8454 Lane Road?
The average sales price for units in 8454 Lane Road is $0 currently.

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