NOT LISTED FOR SALE

127 Lake Terrace Dr Hendersonville, TN 37075

Estimated Value: $498,000 - $541,745

3 Beds
2 Baths
2,216 Sq Ft
$238/Sq Ft Est. Value

Last Sold July 07, 2017

Last sale price $261,000 $118 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,022/month

Highlights

  • Lake View
  • 1 Acre Lot
  • Walk-In Closet
  • Indian Lake Elementary School Rated A-
  • Wood Flooring
  • Cooling Available

About This Home

As of July 2017

Tastefully updated 1 level brick home on a full acre in the highly sought after Cherokee Woods subdivision on the Indian Lake peninsula. Hardwoods, 2 year old roof, huge bonus room with vaulted ceilings, lake across the road. Zoned for excellent schools.

Last Agent to Sell the Property

Janie Andrews

Exit Real Estate Solutions License # 223476 Listed on: 05/08/2017

Exit Real Estate Solutions

Last Buyer's Agent

Donald Rush

VAM License # 326184

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,575

Year Built

  • Built in 1966

Lot Details

  • 1 Acre Lot
  • Chain Link Fence

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,216 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Combination Dining and Living Room
  • Lake Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Outdoor Storage

Schools

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

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • Cherokee Woods Sec 6 Pt 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 083169F A 00700 00005169F

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,575

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1966
  • Exclusions: Drapes
  • 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: Microwave, Dishwasher
  • Fireplace: No
  • Flooring: Finished Wood, Tile, Vinyl
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2216
  • Building Area Units: Square Feet
  • Living Area: 2216
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage
  • Construction Type: Brick, Aluminum Siding
  • Fencing: Chain Link
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Asphalt
  • View: Lake
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Concrete

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm

Condo/Co-op/Association

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

Lot Info

  • Lot Size Acres: 1
  • Lot Size Units: Acres
  • Parcel #: 083169F A 00700 00005169F
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1575

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

Closed on
Aug 7, 2019
Sold by
Brooks Scott J and Brooks Carolyn B
Bought by
Brooks Scott J and Brooks Carolyn B
Current Estimated Value
$527,936

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Outstanding Balance
$134,284
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$390,687

Purchase Details

Listed on
May 8, 2017
Closed on
Jul 7, 2017
Sold by
Tate Phillip Alan and Tate Karen Lynn
Bought by
Brooks Scott J and Brooks Carolyn B
Seller's Agent
Janie Andrews
Exit Real Estate Solutions
Buyer's Agent
Donald Rush
VAM
List Price
$36,000
Sold Price
$261,000
Premium/Discount to List
$225,000
625%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$131,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2006
Sold by
Edwards Laura G
Bought by
Jackson Charles and Jackson Susanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.67%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 10, 1998
Sold by
Hickman James L and Hickman Edna L
Bought by
Tate Phillip Alan and Tate Karen Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,445
Interest Rate
7.23%
Mortgage Type
VA

Purchase Details

Closed on
Oct 15, 1993
Sold by
Mann Deborah S
Bought by
Hickman James L
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
Brooks Scott J -- Equity Settlement Svcs Inc
Brooks Scott J $261,000 None Available
Jackson Charles $175,000 Realty Title & Escrow Co Inc
Tate Phillip Alan $131,500 --
Hickman James L $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Scott J $171,000
Closed Brooks Scott J $20,000
Closed Brooks Scott J $131,000
Previous Owner Tate Phillip Alan $188,000
Previous Owner Tate Phillip Alan $45,795
Previous Owner Tate Phillip Alan $153,950
Previous Owner Jackson Charles $140,000
Previous Owner Tate Phillip Alan $134,394
Previous Owner Tate Phillip Alan $135,445
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Pending -- -- --
05/03/2020 05/03/20 Price Changed $38,000 +5.6% $17 / Sq Ft
10/04/2019 10/04/19 For Sale $36,000 -86.2% $16 / Sq Ft
07/07/2017 07/07/17 Sold $261,000 -- $118 / 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 $1,743 $122,650 $43,750 $78,900
2023 $2,208 $67,350 $26,075 $41,275
2022 $2,214 $67,350 $26,075 $41,275
2021 $2,214 $67,350 $26,075 $41,275
2020 $2,214 $67,350 $26,075 $41,275
2019 $2,214 $0 $0 $0
2018 $1,573 $0 $0 $0
2017 $1,575 $0 $0 $0
2016 $1,575 $0 $0 $0
2015 $1,838 $0 $0 $0
2014 $1,553 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1825325

Realtracs

APN: 169F-A-007.00