NOT LISTED FOR SALE

121 Lorraine Dr Gallatin, TN 37066

Estimated Value: $291,000 - $404,000

3 Beds
1.5 Baths
2,080 Sq Ft
$170/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $305,000 $147 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,968/month

41 Days on Market

Highlights

  • Living Room with Fireplace
  • Porch
  • Patio
  • No HOA
  • Cooling Available
  • Storage

About This Home

As of December 2023

Investors, bring your contractor! Rare opportunity to own an affordable 3 bedroom home with over 2,000 square feet and garage in Gallatin! Welcome to this charming and budget-friendly home that holds the promise of becoming your dream space. Priced to sell quickly, this property is a hidden gem waiting for your personal touch and creative vision with some TLC. Convenient to downtown Gallatin and Nashville, Highway 109, Lebanon, and Highway 40! Great investment! Offering 1% credit towards closing costs with preferred lender.

Last Agent to Sell the Property

John Farr

Reliant Realty ERA Powered Brokerage Phone: 6159553737 License # 353559 Listed on: 09/28/2023

Reliant Realty ERA Powered

Co-Listed By

Sean Shariati

Reliant Realty ERA Powered Brokerage Phone: 6159553737 License #315315

Last Buyer's Agent

Ian Ratliff

Ratliff License #347006

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,383

Year Built

  • Built in 1960

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 110 x 171
  • Back Yard Fenced
  • Sloped Lot

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Driveway

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • 2 Fireplaces
  • Storage
  • Finished Basement

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Outdoor Features

  • Patio
  • Porch

Schools

  • Vena Stuart Elementary School
  • Rucker Stewart Middle School
  • Gallatin Senior High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Shadycrest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 135L C 00600 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,383

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1960
  • Unit Levels: Two
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Attribution Contact: 6159553737
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Speed Internet, Storage
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Laminate, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 1498
  • Below Grade Sq Ft: 582
  • Building Area Units: Square Feet
  • Living Area: 2080
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Brick, Aluminum Siding
  • Fencing: Back Yard
  • Patio And Porch Features: Patio, Porch
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 4
  • Parking Features: Attached - Side, Attached, Driveway
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Sloped
  • Lot Size Acres: 0.43
  • Lot Size: 110 X 171
  • Lot Size Units: Acres
  • Parcel #: 135L C 00600 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1383

MLS Schools

  • Elementary School: Vena Stuart Elementary
  • High School: Gallatin Senior High School
  • Middle Or Junior School: Rucker Stewart Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2023
Closed on
Dec 7, 2023
Sold by
Chaney Zachary and Chaney Jacquiline
Bought by
Adame John P and Everard Shawna
Seller's Agent
John Farr
Reliant Realty ERA Powered
Buyer's Agent
Ian Ratliff
Ratliff
List Price
$314,900
Sold Price
$305,000
Premium/Discount to List
-$9,900
-3.14%
Views
70
Current Estimated Value
$352,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,748
Avg. Annual Appreciation
5.21%
Original Mortgage
$205,000
Outstanding Balance
$184,574
Interest Rate
6.36%
Mortgage Type
New Conventional
Estimated Equity
$149,284

Purchase Details

Listed on
Jul 15, 2021
Closed on
Nov 8, 2021
Sold by
Swift Cynthia Griffin and Griffin Danny Andrew
Bought by
Chaney Zachary and Chaney Jacquiline
Seller's Agent
Bill Geiger
Compass
Buyer's Agent
Chelsea Ford
BLK Dog Realty, LLC
List Price
$259,900
Sold Price
$260,870
Premium/Discount to List
$970
0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$256,144
Interest Rate
3.01%
Mortgage Type
FHA
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
Adame John P $305,000 Signature Title
Chaney Zachary $260,870 Southern Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adame John P $205,000
Previous Owner Chaney Zachary $256,144
Previous Owner Chaney Zachary A $15,652
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2023 12/07/23 Sold $305,000 -2.8% $147 / Sq Ft
11/09/2023 11/09/23 Pending -- -- --
10/18/2023 10/18/23 Price Changed $313,900 -0.3% $151 / Sq Ft
09/28/2023 09/28/23 For Sale $314,900 +20.7% $151 / Sq Ft
11/08/2021 11/08/21 Sold $260,870 +0.4% $131 / Sq Ft
09/01/2021 09/01/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $259,900 -- $130 / 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 $1,062 $74,750 $18,750 $56,000
2023 $1,378 $45,150 $15,000 $30,150
2022 $1,382 $45,150 $15,000 $30,150
2021 $1,382 $45,150 $15,000 $30,150
2020 $1,382 $45,150 $15,000 $30,150
2019 $1,382 $0 $0 $0
2018 $1,130 $0 $0 $0
2017 $1,130 $0 $0 $0
2016 $809 $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: 2572951

Realtracs

APN: 135L-C-006.00