NOT LISTED FOR SALE

103 Lake Terrace Dr Hendersonville, TN 37075

Estimated Value: $411,000 - $435,000

3 Beds
1.5 Baths
1,471 Sq Ft
$285/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $275,000 $187 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,387/month

16 Days on Market

Highlights

  • 0.73 Acre Lot
  • Wood Flooring
  • Covered Patio or Porch
  • Indian Lake Elementary School Rated A-
  • 1 Fireplace
  • 2 Car Attached Garage

About This Home

As of August 2020

Won't last! Huge, private, fenced yard across from lake & walking distance to Indian Lake Elem & swim & tennis club! Updated baths and beautiful hardwood floors. Carport and garage, wonderful patio with pergola.

Last Agent to Sell the Property

Jack Gaughan

RE/MAX Choice Properties License # 330796 Listed on: 06/30/2020

RE/MAX Choice Properties

Last Buyer's Agent

Jennifer Armstrong

simpliHOM License #315561

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,865

Year Built

  • Built in 1963

Lot Details

  • 0.73 Acre Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,471 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Indian Lake Elementary School
  • Robert E Ellis Mid Middle School
  • Hendersonville High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Cherokee Woods Sec 6 Pt 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 083169C A 00300 00005169C

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,865

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1963
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher, Microwave
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Finished Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1471
  • Building Area Units: Square Feet
  • Living Area: 1471
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Wood Siding
  • Fencing: Back Yard
  • Patio And Porch Features: Covered Patio, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Senior Community: No

Lot Info

  • Lot Size Acres: 0.73
  • Lot Size: 102.3 X 250 IRR
  • Lot Size Units: Acres
  • Parcel #: 083169C A 00300 00005169C
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1865

MLS Schools

  • Elementary School: Indian Lake Elementary
  • High School: Hendersonville High School
  • Middle Or Junior School: Robert E Ellis Mid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Aug 14, 2020
Sold by
Socaciu Flaviu R and Socaciu Kelsey L
Bought by
Resch Kelsey Renae and Resch Tyler Charles
Seller's Agent
Jack Gaughan
RE/MAX Choice Properties
Buyer's Agent
Jennifer Armstrong
simpliHOM
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$419,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,070
Avg. Annual Appreciation
8.71%
Original Mortgage
$266,750
Outstanding Balance
$239,271
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$179,589

Purchase Details

Closed on
Jan 9, 2020
Sold by
Socaciu Kelsey L and Socaciu Flaviu R
Bought by
Socaciu Flaviu R and Socaciu Kelsey L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 23, 2013
Closed on
Apr 17, 2014
Sold by
Caldwell Erica N and Caldwell Travis W
Bought by
Boone Kelsey L and Socaciu Flaviu R
Seller's Agent
Linda Wagner
Linda Wagner Properties, LLC
Buyer's Agent
Lindy Gaughan
RE/MAX Choice Properties
List Price
$550
Sold Price
$169,500
Premium/Discount to List
$168,950
30718.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.27%
Original Mortgage
$166,412
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 27, 2011
Sold by
Jenkins Teresa and Jenkins James T
Bought by
Caldwell Erica N and Caldwell Travis W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,197
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 30, 2007
Sold by
Givens Windell W and Givens Sherry L
Bought by
Jenkins Teresa and Jenkins James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
6.63%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Resch Kelsey Renae $275,000 Sumner Title & Escrow Llc
Socaciu Flaviu R -- Equity Settlement Svcs Inc
Boone Kelsey L $171,500 Sumner Title & Escrow Llc
Caldwell Erica N $150,000 Warranty Title Ins Co Inc
Jenkins Teresa $162,500 Sumner Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Resch Kelsey Renae $266,750
Previous Owner Socaciu Flaviu R $180,000
Previous Owner Socaciu Kelsey $162,000
Previous Owner Boone Kelsey L $166,412
Previous Owner Caldwell Erica N $146,197
Previous Owner Jenkins Teresa $146,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $275,000 0.0% $187 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $275,000 +62.2% $187 / Sq Ft
04/29/2016 04/29/16 Off Market $169,500 -- --
04/12/2016 04/12/16 For Sale $550 -99.7% $0 / Sq Ft
04/10/2014 04/10/14 Sold $169,500 -- $115 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,239 $87,175 $43,750 $43,425
2023 $1,932 $58,650 $26,075 $32,575
2022 $1,938 $58,650 $26,075 $32,575
2021 $1,938 $58,650 $26,075 $32,575
2020 $1,938 $58,650 $26,075 $32,575
2019 $1,938 $0 $0 $0
2018 $1,212 $0 $0 $0
2017 $1,212 $0 $0 $0
2016 $1,212 $0 $0 $0
2015 $1,475 $0 $0 $0
2014 $1,365 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2164843

Realtracs

APN: 169C-A-003.00