NOT LISTED FOR SALE

206 Lakewood Dr Tullahoma, TN 37388

Estimated Value: $567,981 - $647,000

5 Beds
3.5 Baths
3,495 Sq Ft
$172/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $495,000 $142 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,652/month

44 Days on Market

Highlights

  • No HOA
  • Circular Driveway
  • Cooling Available
  • Double Oven
  • 2 Car Attached Garage
  • Patio

About This Home

As of August 2022

This beautiful sprawling one level home sits on a gorgeous one acre plus lot with mature trees, and has exclusive access to Lake Tullahoma! Lake Tullahoma Estates is a well established neighborhood w/golf cart access to Lakewood Golf & Country Club. Updates include new windows 2018, new metal roof 2019, complete kitchen remodel with all stainless appliances in 2021 and all new plumbing from street throughout entire home May 2022! New HVAC and Ranaii water heater in 2021 also. In addition to all these updates, there is an attached entire in-law apartment with it's own entrance which could also be income producing! The in-law space has it's own water heater, full bath, and is plumbed and ready for a new kitchen sink, stove and fridge are already in place! Ideal location 10 mins to I-24!

Last Agent to Sell the Property

Roxanne Gipson

Town & Country REALTORS Brokerage Phone: 6158871445 License #331271 Listed on: 06/05/2022

Last Buyer's Agent

THOMAS CUNNINGHAM

Nashville Realty Group License # 355379

Nashville Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,877

Year Built

  • Built in 1957

Lot Details

  • 1.21 Acre Lot
  • Lot Dimensions are 210x250
  • Year Round Access
  • Level Lot

Parking

  • 2 Car Attached Garage
  • 6 Open Parking Spaces
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 3,495 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Interior Storage Closet
  • Fire and Smoke Detector

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Robert E Lee Elementary School
  • East Middle School
  • Tullahoma High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 109F B 01400 000

Community Details

Overview

  • No Home Owners Association
  • Lake Tullahoma Estates Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,877

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1957
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: RENOV
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6158871445
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Extra Closets, Storage, Entry Foyer, Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Double Oven, Electric Oven, Cooktop
  • Fireplace: No
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 5
  • Main Level Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 3495
  • Building Area Units: Square Feet
  • Living Area: 3495
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Brick, Vinyl Siding
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Metal
  • View: No
  • Waterfront Features: Year Round Access
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 6
  • Parking Features: Attached, Asphalt, Circular 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
  • Laundry Features: Utility Connection
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available, Cable Connected

Condo/Co-op/Association

  • Amenities: Trail(s)
  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Windows, Doors

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 1.21
  • Lot Size: 210X250
  • Lot Size Units: Acres
  • Parcel #: 109F B 01400 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2877

MLS Schools

  • Elementary School: Robert E Lee Elementary
  • High School: Tullahoma High School
  • Middle Or Junior School: East Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2022
Closed on
Aug 15, 2022
Sold by
Rachelle Tracey Amy and Rachelle Jason L
Bought by
Panko Jeffrey A and Panko Natalie E
Seller's Agent
Roxanne Gipson
Town & Country REALTORS
Buyer's Agent
THOMAS CUNNINGHAM
Nashville Realty Group
List Price
$550,000
Sold Price
$495,000
Premium/Discount to List
-$55,000
-10%
Current Estimated Value
$600,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,245
Avg. Annual Appreciation
5.80%
Original Mortgage
$396,000
Outstanding Balance
$380,569
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$207,005

Purchase Details

Closed on
Jul 17, 2020
Sold by
Tracey Amy Rachelle Briscoe
Bought by
Tracey Jason L

Purchase Details

Listed on
Jun 30, 2017
Closed on
Sep 29, 2017
Sold by
Valine Clarie Galbarith and Galbraith Marian Fiate
Bought by
Briscoe Amy Rachelle
Seller's Agent
Tom Risner
1st Choice REALTOR
Buyer's Agent
Josh Sweat
The Ashton Real Estate Group of RE/MAX Advantage
List Price
$127,500
Sold Price
$185,000
Premium/Discount to List
$57,500
45.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%
Original Mortgage
$148,000
Interest Rate
3.86%
Mortgage Type
New Conventional
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
Panko Jeffrey A $495,000 New Title Company Name
Tracey Jason L -- None Available
Briscoe Amy Rachelle $185,000 Access Title & Escrow
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panko Jeffrey A $396,000
Previous Owner Tracey Jason L $205,000
Previous Owner Tracey Jason L $205,000
Previous Owner Tracey Jason L $205,000
Previous Owner Briscoe Amy Rachelle $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $495,000 -1.0% $142 / Sq Ft
07/21/2022 07/21/22 Pending -- -- --
06/20/2022 06/20/22 Price Changed $499,999 -9.1% $143 / Sq Ft
06/06/2022 06/06/22 For Sale $550,000 +358.7% $157 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
12/20/2019 12/20/19 Price Changed $119,900 -6.0% $34 / Sq Ft
12/09/2019 12/09/19 For Sale $127,500 -31.1% $36 / Sq Ft
09/29/2017 09/29/17 Sold $185,000 -- $53 / 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 $4,582 $117,300 $8,250 $109,050
2023 $4,582 $117,300 $0 $0
2022 $2,898 $72,275 $8,250 $64,025
2021 $2,877 $57,400 $7,500 $49,900
2020 $2,877 $57,400 $7,500 $49,900
2019 $2,877 $57,400 $7,500 $49,900
2018 $2,877 $57,400 $7,500 $49,900
2017 $2,678 $48,975 $7,500 $41,475
2016 $2,679 $48,975 $7,500 $41,475
2015 $2,679 $48,975 $7,500 $41,475
2014 $2,679 $48,969 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2394011

Realtracs

APN: 109F-B-014.00