NOT LISTED FOR SALE

1841 New Lake Rd Lewisburg, TN 37091

Estimated Value: $413,000 - $548,000

3 Beds
3 Baths
1,748 Sq Ft
$274/Sq Ft Est. Value

Last Sold June 06, 2023

Last sale price $450,000 $257 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,735/month

45 Days on Market

Highlights

  • Lake Front
  • Home fronts a pond
  • No HOA
  • Oak Grove Elementary School Rated A
  • Deck
  • Covered Patio or Porch

About This Home

As of June 2023

LAKE FRONT property! Incredible opportunity to bring your interior designer and make this home your own. Great floorplan with 3 Bed/2 Bath on the main level and a potential 4th Bed with bath on the second. Large kitchen features hardwoods and bay window. Formally a tackle and bait shop, there are ENDLESS POSSIBILITIES with the detached garage and office (22x36 Garage, 23x13 Store/Show Room, 11x10 Office, 7x11 Workroom). Includes additional storage areas and storage shed. Property is perfect for music studio, horse farm, or other live/work opportunities. Easy access to boat ramp and minutes from I-65. This property is a must see!

Last Agent to Sell the Property

Jason Cox

Parks Compass License # 324309 Listed on: 03/17/2023

Parks Compass

Last Buyer's Agent

Derrick Foster

Keller Williams Realty Nashville/Franklin License #339835

Keller Williams Realty Nashville/Franklin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,449

Year Built

  • Built in 1990

Lot Details

  • 7.9 Acre Lot
  • Home fronts a pond
  • Lake Front
  • Year Round Access
  • Level Lot

Parking

  • 4 Car Garage
  • Gravel Driveway

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,748 Sq Ft Home
  • Property has 2 Levels
  • Lake Views
  • Crawl Space

Flooring

  • Parquet
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Marshall Elementary School
  • Lewisburg Middle School
  • Marshall Co High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Propane
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 078 07900 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,449

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1990
  • Unit Levels: Two
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Parquet, Vinyl
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1748
  • Building Area Units: Square Feet
  • Living Area: 1748
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Other

Exterior Features

  • Exterior Features: Storage
  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Covered Porch, Deck
  • Pool Private: No
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Front, Pond, Year Round Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Attached/Detached, Gravel
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 7.9
  • Lot Size: TRACT 18
  • Lot Size Units: Acres
  • Parcel #: 078 07900 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1449

MLS Schools

  • Elementary School: Marshall Elementary
  • High School: Marshall Co High School
  • Middle Or Junior School: Lewisburg Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
Jun 6, 2023
Sold by
Mcgavock David D
Bought by
Key Nicholas and Key Andrea
Seller's Agent
Jason Cox
Parks Compass
Buyer's Agent
Derrick Foster
Keller Williams Realty Nashville/Franklin
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Views
160
Current Estimated Value
$479,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,755
Avg. Annual Appreciation
4.08%
Original Mortgage
$405,000
Outstanding Balance
$404,629
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$86,903

Purchase Details

Closed on
Jan 19, 2007
Sold by
Mobley Kevin R
Bought by
David Mcgavock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.07%

Purchase Details

Closed on
May 14, 2001
Bought by
Mobley Kevin R and Mobley Nancy A

Purchase Details

Closed on
Feb 27, 1997
Sold by
Bob Donley Leo
Bought by
Nicholson Thomas G and Nicholson Lois

Purchase Details

Closed on
Jun 12, 1990
Bought by
Donley Leo Bob
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
Key Nicholas $121,621,621 None Listed On Document
Key Nicholas $450,000 None Listed On Document
David Mcgavock $225,000 --
Mobley Kevin R $164,000 --
Nicholson Thomas G $146,000 --
Donley Leo Bob $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Key Nicholas $405,000
Closed Key Nicholas $405,000
Previous Owner Donley Leo Bob $202,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2023 06/06/23 Sold $450,000 -5.3% $257 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
04/17/2023 04/17/23 For Sale $475,000 0.0% $272 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $475,000 -- $272 / 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 $1,449 $79,650 $14,975 $64,675
2023 $1,449 $79,650 $14,975 $64,675
2022 $1,449 $79,650 $14,975 $64,675
2021 $1,463 $52,050 $9,000 $43,050
2020 $1,397 $52,050 $9,000 $43,050
2019 $1,397 $49,700 $9,000 $40,700
2018 $1,373 $49,700 $9,000 $40,700
2017 $1,373 $49,700 $9,000 $40,700
2016 $1,088 $33,775 $6,625 $27,150
2015 $1,088 $33,775 $6,625 $27,150
2014 $1,088 $33,775 $6,625 $27,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2497907

Realtracs

APN: 078-079.00