1550 New Lake Rd Lewisburg, TN 37091
3
Beds
2
Baths
2,315
Sq Ft
8.2
Acres
Highlights
- Separate Formal Living Room
- No HOA
- Central Heating
- Oak Grove Elementary School Rated A
- Cooling Available
- Ceiling Fan
About This Home
As of April 2025Great Investment Property! This spacious 2,300+ sq. ft. home features three generously sized bedrooms and two bathrooms, nestled on a sprawling 8+ acre lot. Perfectly situated for those seeking the tranquility of country living while remaining close to modern conveniences, this property is just minutes from a new lake, making it an idyllic escape for outdoor enthusiasts. With convenient access to the Interstate, commuting to nearby towns is a breeze, and you’ll find schools and shopping options only a short drive away. This charming home offers immense potential and is ready for your personal touch—it's an opportunity to repair and update a diamond in the rough. Inside, you can enjoy the warmth of a fireplace in the living room, or relax in the cozy den, plus a formal dining room ideal for gatherings. and don’t miss the sunroom that boasts breathtaking views of the surrounding landscape. Additionally, there’s a partially unfinished basement providing extra storage or workshop space. Unlock the possibilities of this inviting property and transform it into your dream home or a lucrative rental investment! Home is being sold AS IS. Cash or Conventional only. Will NOT qualify for FHA/VA/THDA/USDA
Last Agent to Sell the Property
Synergy Realty Network, LLC Brokerage Phone: 9316372992 License #327295 Listed on: 02/28/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,050
Year Built
- Built in 1974
Lot Details
- 8.2 Acre Lot
- Partially Fenced Property
Home Design
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- Property has 3 Levels
- Ceiling Fan
- Wood Burning Fireplace
- Separate Formal Living Room
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Marshall-Oak Grove-Westhills Elem. Elementary School
- Lewisburg Middle School
- Marshall Co High School
Utilities
- Cooling Available
- Central Heating
- Spring water is a source of water for the property
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 078 07000 000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 28, 2025
Closed on
Apr 24, 2025
Sold by
Rcaf Acquisition Trust and Us Bank Trust National Association
Bought by
Aaron Nunley And Ellington Inc
Seller's Agent
Tammy Herrin
Synergy Realty Network, LLC
Buyer's Agent
isaac zimmerle
Benchmark Realty, LLC
List Price
$230,000
Sold Price
$207,000
Premium/Discount to List
-$23,000
-10%
Total Days on Market
31
Views
148
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
342.89%
Purchase Details
Closed on
Jul 25, 2024
Sold by
Superior Title Company Inc
Bought by
Rcaf Acquisition Trust and Us Bank Trust
Purchase Details
Closed on
Sep 20, 2022
Sold by
Brock Robert Eugene
Bought by
Kelly Robin
Purchase Details
Closed on
Oct 25, 1996
Sold by
Mark Smith James
Bought by
Robert Brock
Similar Homes in Lewisburg, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $207,000 | None Listed On Document | |
| Special Warranty Deed | $207,000 | None Listed On Document | |
| Trustee Deed | $184,891 | None Listed On Document | |
| Quit Claim Deed | -- | -- | |
| Deed | $119,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $29,634 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | Sold | $207,000 | -10.0% | $89 / Sq Ft |
| 03/31/2025 03/31/25 | Pending | -- | -- | -- |
| 02/28/2025 02/28/25 | For Sale | $230,000 | -- | $99 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $1,050 | $57,750 | $15,150 | $42,600 |
| 2023 | $1,050 | $57,750 | $15,150 | $42,600 |
| 2022 | $1,050 | $57,750 | $15,150 | $42,600 |
| 2021 | $1,021 | $36,325 | $9,100 | $27,225 |
| 2020 | $1,073 | $36,325 | $9,100 | $27,225 |
| 2019 | $1,073 | $38,150 | $9,100 | $29,050 |
| 2018 | $1,054 | $38,150 | $9,100 | $29,050 |
| 2017 | $1,054 | $38,150 | $9,100 | $29,050 |
| 2016 | $1,094 | $33,975 | $8,150 | $25,825 |
| 2015 | $1,094 | $33,975 | $8,150 | $25,825 |
| 2014 | $1,094 | $33,975 | $8,150 | $25,825 |
Source: Public Records
Agents Affiliated with this Home
-
Tammy Herrin
Seller's Agent in 2025
Tammy Herrin
Synergy Realty Network, LLC
(931) 637-2992
18 Total Sales
-
isaac zimmerle
i
Buyer's Agent in 2025
isaac zimmerle
Benchmark Realty, LLC
(615) 390-2609
85 Total Sales
Map
Source: Realtracs
MLS Number: 2797487
APN: 078-070.00
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