NOT LISTED FOR SALE

116 Lake Terrace Dr Hendersonville, TN 37075

Estimated Value: $739,000 - $911,000

4 Beds
2.5 Baths
2,250 Sq Ft
$369/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $532,500 $237 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,779/month

503 Days on Market

Highlights

  • Lake Front
  • Boat Dock
  • Separate Formal Living Room
  • Indian Lake Elementary School Rated A-
  • 1 Acre Lot
  • Great Room

About This Home

As of September 2020

Enjoy Lake Living on Indian Lake Peninsula in this one level ranch home with deeded boat slip. This 4 Bedroom 2.5 Bath home is move-in ready with refinished hardwood floors and fresh paint throughout. The 22x21 Screened-In porch allows for all gatherings to enjoy time together as well as the lake views and scenery. Boat slip has electricity. Garage and other storage areas for boats and floats.

Last Agent to Sell the Property

Chris Fenton

Vision Realty Partners, LLC Brokerage Phone: 6159487827 License #340005 Listed on: 08/14/2020

Last Buyer's Agent

Amanda Wahl

Purpose Realty & Auction License #345741

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,370

Year Built

  • Built in 1965

Lot Details

  • 1 Acre Lot
  • Lake Front
  • Level Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 6 Open Parking Spaces
  • 3 Carport Spaces
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Wood Burning Fireplace
  • ENERGY STAR Qualified Windows
  • Great Room
  • Separate Formal Living Room
  • Den with Fireplace
  • Lake Views
  • Crawl Space

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Outdoor Features

  • Patio
  • Outdoor Storage
  • Porch

Schools

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

Utilities

  • Air Filtration System
  • Central Heating
  • Heating System Uses Natural Gas
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 169C B 01000 000

Community Details

Overview

  • Cherokee Woods Sec 6 Subdivision

Recreation

  • Boat Dock
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,370

Year Built

Built in 1965

Lot Details

0

HOA Fees

$25 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1965
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Attribution Contact: 6159487827
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Air Filter, Ceiling Fan(s), Entry Foyer, Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Refrigerator, Built-In Electric Oven, Cooktop
  • Fireplace Features: Den, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Laminate, Tile
  • Total Bedrooms: 4
  • Main Level Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2250
  • Building Area Units: Square Feet
  • Living Area: 2250
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Other

Exterior Features

  • Exterior Features: Garage Door Opener, Storage
  • Construction Type: Brick
  • Patio And Porch Features: Patio, Covered, Porch, Screened
  • Pool Private: No
  • Roof: Shingle
  • View: Lake, Water
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 3
  • Carport Y N: Yes
  • Covered Parking Spaces: 4
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Open Parking Spaces: 6
  • Parking Features: Garage Faces Rear, Attached
  • Total Parking Spaces: 10

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Natural Gas, Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available, Cable Connected

Condo/Co-op/Association

  • Association Fee: 300
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Annually
  • Amenities: Trail(s), Boat Dock
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Green Features

  • Efficiency: Windows, Thermostat

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 1
  • Lot Size: 130 X 240.4 IRR
  • Lot Size Units: Acres
  • Parcel #: 169C B 01000 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2370

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2020
Closed on
Sep 14, 2020
Sold by
Fenton Chris and Fenton Shelley
Bought by
Wahl Jeffery Caleb and Wahl Amanda
Seller's Agent
Chris Fenton
Vision Realty Partners, LLC
Buyer's Agent
Amanda Wahl
Purpose Realty & Auction
List Price
$549,000
Sold Price
$532,500
Premium/Discount to List
-$16,500
-3.01%
Current Estimated Value
$831,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,530
Avg. Annual Appreciation
8.93%
Original Mortgage
$399,375
Outstanding Balance
$357,811
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$456,116

Purchase Details

Closed on
Aug 21, 2008
Sold by
Haesler Brent R
Bought by
Fenton Chris and Fenton Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2004
Sold by
Sahler Brett P and Scott Sahler Patricia L
Bought by
Haesler Brent R

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
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 31, 2000
Sold by
Cameron Melinda S
Bought by
Sahler Brett P and Scott Sahler Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
8.24%
Mortgage Type
Unknown

Purchase Details

Closed on
May 28, 1999
Sold by
Patrick Robert M and Patrick Jackie D
Bought by
Cameron Melinda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,200
Interest Rate
8.75%
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
Wahl Jeffery Caleb $532,500 Lakeside Title & Escrow
Fenton Chris $255,000 Rudy Title & Escrow
Haesler Brent R $225,000 Forsythe Title & Escrow Svcs
Sahler Brett P $179,000 --
Cameron Melinda S $236,500 Beaty Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wahl Jeffery Caleb $399,375
Closed Fenton Chris $199,100
Previous Owner Fenton Shelley D $190,000
Previous Owner Fenton Chris $195,500
Previous Owner Fenton Chris $190,000
Previous Owner Haesler Brent R $180,000
Previous Owner Sahler Brett P $154,500
Previous Owner Sahler Brett P $15,000
Previous Owner Sahler Brett P $154,000
Previous Owner Cameron Melinda S $189,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $532,500 -3.0% $237 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
04/01/2019 04/01/19 For Sale $549,000 -- $244 / 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 $2,716 $191,125 $100,000 $91,125
2023 $3,593 $111,050 $63,275 $47,775
2022 $3,604 $111,050 $63,275 $47,775
2021 $3,604 $111,050 $63,275 $47,775
2020 $3,604 $111,050 $63,275 $47,775
2019 $3,604 $0 $0 $0
2018 $2,370 $0 $0 $0
2017 $2,370 $0 $0 $0
2016 $2,370 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2178865

Realtracs

APN: 169C-B-010.00