NOT LISTED FOR SALE

1202 Lake Marie Rd Gallatin, TN 37066

Estimated Value: $774,000 - $901,000

5 Beds
4 Baths
2,904 Sq Ft
$289/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $700,000 $241 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $4,808/month

19 Days on Market

Highlights

  • Lake View
  • Great Room
  • Covered Patio or Porch
  • 1.89 Acre Lot
  • No HOA
  • Covered Deck

About This Home

As of October 2022

Welcome to Lake Marie on Hidden Cove with 109’ of lake frontage. This home boasts 5 bedrooms + 4 baths with a large nearly 2acre lot at the back of culdesac. Enjoy the lake with family and friends through summer months and the cover deck for fall football games with winter grilling. Primary suite has sprawling 20x20 walk-in closet + private waterfall shower. Bonus space on second floor is perfect media room, game room or lounge for older kids/family time. Has lake frontage for potential boat dock - last home to qualify in cove. Preferred Lender to provide up to $7,080 towards buyer's interest rate buy down / closing costs (total credit based on final amount financed).

Last Agent to Sell the Property

Ashley Cook

The Adcock Group License # 345367 Listed on: 09/16/2022

The Adcock Group

Co-Listed By

Josie Parsons

The Adcock Group License # 345197

Last Buyer's Agent

Jeanette Nelson

Onward Real Estate License #289902

Onward Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,178

Year Built

  • Built in 2019

Lot Details

  • 1.89 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,904 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Great Room
  • Interior Storage Closet
  • Carpet
  • Lake Views
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

  • Vena Stuart Elementary School
  • Joe Shafer Middle School
  • Gallatin Sr Hi High School

Utilities

  • Air Filtration System
  • Two cooling system units
  • Two Heating Systems

Community Details

  • No Home Owners Association
  • Lake Marie Sec 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 083134D C 01200 00003134D

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,178

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2019
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Air Filter, Ceiling Fan(s), Extra Closets, Utility Connection, Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Microwave
  • Fireplace: No
  • Flooring: Carpet, Other
  • Total Bedrooms: 5
  • Main Level Bedrooms: 3
  • Full Bathrooms: 4
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2904
  • Building Area Units: Square Feet
  • Living Area: 2904
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Aluminum Siding, Brick
  • Patio And Porch Features: Covered Deck, Covered Porch
  • Pool Private: No
  • Roof: Shingle
  • View: Lake
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: None
  • Water Source: Other
  • Cooling: Dual
  • Cooling Y N: Yes
  • Heating: Dual
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Acres: 1.89
  • Lot Size Units: Acres
  • Parcel #: 083134D C 01200 00003134D
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2178

MLS Schools

  • Elementary School: Vena Stuart Elementary
  • High School: Gallatin Sr Hi
  • Middle Or Junior School: Joe Shafer Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Oct 31, 2022
Sold by
Floyd Joe Neil and Floyd Morgan
Bought by
Lynn Nick Melissa and Lynn Nick Teddy
Seller's Agent
Ashley Cook
The Adcock Group
Buyer's Agent
Jeanette Nelson
Onward Real Estate
List Price
$729,900
Sold Price
$700,000
Premium/Discount to List
-$29,900
-4.1%
Views
48
Current Estimated Value
$839,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,780
Avg. Annual Appreciation
5.62%
Original Mortgage
$630,000
Outstanding Balance
$612,809
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$203,497

Purchase Details

Closed on
Jul 17, 2018
Sold by
Andrews Llyod and Andrews Kathy
Bought by
Floyd Joe Neil and Floyd Morgan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.5%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 30, 2011
Sold by
Snider Kevin Boyd
Bought by
Andrews Lloyd and Andrews Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.26%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 12, 2005
Sold by
Snider James E
Bought by
Snider Elmer E and Snider Lurana A

Purchase Details

Closed on
Mar 18, 2005
Sold by
Snider Elmer E and Snider Lurana A
Bought by
Snider Elmer E and Snider Lurana A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lynn Nick Melissa -- --
Floyd Joe Neil $47,000 Tennessee Title Services Llc
Andrews Lloyd $38,000 None Available
Noel Garret Joseph $50,000 Executive Title Llc
Snider Elmer E -- Rudy Title & Escrow Llc
Snider Elmer E -- Rudy Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynn Nick Melissa $630,000
Previous Owner Floyd Morgan $310,000
Previous Owner Floyd Joe Neil $300,000
Previous Owner Noel Garret Joseph $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $700,000 -4.0% $241 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/26/2022 09/26/22 Price Changed $729,000 -0.1% $251 / Sq Ft
09/15/2022 09/15/22 For Sale $729,900 -- $251 / 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 $2,781 $195,700 $56,250 $139,450
2023 $2,169 $96,300 $11,250 $85,050
2022 $2,178 $96,300 $11,250 $85,050
2021 $2,178 $96,300 $11,250 $85,050
2020 $2,178 $96,300 $11,250 $85,050
2019 $1,736 $0 $0 $0
2018 $313 $0 $0 $0
2017 $313 $0 $0 $0
2016 $313 $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: 2439617

Realtracs

APN: 134D-C-012.00