NOT LISTED FOR SALE

1940 N Locust Ave Lawrenceburg, TN 38464

Estimated Value: $1,862,866

-- Bed
20 Baths
27,118 Sq Ft
$69/Sq Ft Est. Value

About This Home

This home is located at 1940 N Locust Ave, Lawrenceburg, TN 38464 and is currently estimated at $1,862,866, approximately $68 per square foot. 1940 N Locust Ave is a home located in Lawrence County with nearby schools including Ingram Sowell Elementary School, Lawrenceburg Public Elementary School, and Ethridge Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2019
Sold by
Patel Satish and Patel Bharti
Bought by
Spbn Enterprise Llc
Current Estimated Value
$1,862,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,101,000
Outstanding Balance
$964,390
Interest Rate
3.6%
Mortgage Type
Commercial
Estimated Equity
$898,476

Purchase Details

Closed on
Dec 4, 2006
Sold by
Tampico Enterprises Inc
Bought by
Satish Patel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$832,000
Interest Rate
6.29%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 1985
Bought by
Tampico Enterprises D/B/A Regency Inn

Purchase Details

Closed on
Jan 1, 1980
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Spbn Enterprise Llc $1,101,000 None Available
Satish Patel $725,000 --
Tampico Enterprises D/B/A Regency Inn -- --
-- $670,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spbn Enterprise Llc $1,101,000
Previous Owner Not Available $832,000
Source: Public Records

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
2025 $12,457 $400,800 $0 $0
2024 $12,457 $400,800 $121,760 $279,040
2023 $12,457 $400,800 $121,760 $279,040
2022 $12,457 $400,800 $121,760 $279,040
2021 $17,131 $389,720 $121,760 $267,960
2020 $17,131 $389,720 $121,760 $267,960
2019 $17,077 $389,720 $121,760 $267,960
2018 $17,077 $388,480 $120,520 $267,960
2017 $17,077 $388,480 $120,520 $267,960
2016 $17,077 $388,480 $120,520 $267,960
2015 $16,169 $388,480 $120,520 $267,960
2014 $15,977 $383,880 $109,600 $274,280
Source: Public Records

Map

Tennessee Lawrence County Lawrenceburg 38464

1940 N Locust Ave, Lawrenceburg, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes