NOT LISTED FOR SALE

291 Lake Court Dr Lynchburg, TN 37352

Estimated Value: $1,425,000 - $1,951,000

4 Beds
4.5 Baths
5,000 Sq Ft
$326/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $1,300,000 $260 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $9,258/month

17 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • No HOA
  • Traditional Architecture
  • 2 Fireplaces
  • 3 Car Attached Garage

About This Home

As of February 2023

Spectacular, million-dollar panoramic views of Tims Ford Lake! 5,000 sq ft home on 1.27 lake front acres with a private deep-water dock with year-round access to the lake! Some of the features this phenomenal home offers: new roof, two new water heaters, HVAC replaced in ’21! Oversized 3-car garage. Lake front views from both levels, private concreted drive to the dock. On a quite cul-de-sac. Full basement has a kitchenette, & room for a full kitchen. Plenty of flex spaces in the full basement. Both levels have hexagon-shaped sunrooms with amazing lake views! Both levels have their own laundry rooms! Located in Historic Lynchburg! Great location! So much potential just add a little updating!

Last Agent to Sell the Property

Susan Gatlin

Leading Edge RE Grp-Fayetville License #97261 Listed on: 01/05/2023

Co-Listed By

Charlie Sullivan

Leading Edge RE Grp-Fayetville License #108952

Last Buyer's Agent

Charlie Sullivan

Leading Edge RE Grp-Fayetville License #108952

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,660

Lot Details

  • 1.27 Acre Lot

Parking

  • 3 Car Attached Garage
  • Front Facing Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • 5,000 Sq Ft Home
  • 2 Fireplaces
  • Gas Log Fireplace
  • Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Deck
  • Patio

Schools

  • Moore Elementary School
  • Moore High School

Utilities

  • Two cooling system units
  • Multiple Heating Units
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lost Creek Heights Subdivision

Listing and Financial Details

  • Tax Lot 18

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,660

Lot Details

0

Parking

3

Listing Details

  • Living Area: 5000
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.27
  • Co List Office Mls Id: 111200
  • Subdivision Name: Lost Creek Heights
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: Yes
  • Property Attached Yn: No
  • Kitchen Level: First
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 4
  • Basement: Basement
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Fireplace Features: Gas Log, Two
  • Fireplaces: 2
  • Fireplace: Yes
  • Room Bedroom4 Area: 168
  • Room Bedroom4 Level: Basement
  • Living Room Living Room Level: First
  • Room Bedroom3 Area: 121
  • Master Bedroom Master Bedroom Level: First
  • Room Office Area: 169
  • Room Bedroom2 Area: 180
  • Room Bedroom3 Level: First
  • Master Bedroom Master Bedroom Width: 15
  • Room Bedroom2 Level: First
  • Room Office Level: Basement
  • Room Living Room Area: 289
  • Room Kitchen Area: 352
  • Dining Room Dining Room Level: First
  • Room Master Bedroom Area: 255
  • Room Dining Room Area: 208

Exterior Features

  • Lot Features: Cul-De-Sac
  • Exterior Features: Other
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: Attached, Garage Faces Front, Three Car Garage

Utilities

  • Heating: Central 2, Propane
  • Cooling: Central 2
  • Sewer: Septic Tank
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Middle Or Junior School: Moore

Lot Info

  • Lot Size Sq Ft: 55321.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: n/a
  • Tax Lot: 18

MLS Schools

  • Elementary School: Lynchburg Elementary
  • High School: Moore

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Feb 20, 2023
Sold by
Kyle Lausee Family Trust
Bought by
Robert A Rynders Revocable Trust
Seller's Agent
Susan Gatlin
Leading Edge RE Grp-Fayetville
Buyer's Agent
Charlie Sullivan
Leading Edge RE Grp-Fayetville
List Price
$1,399,900
Sold Price
$1,300,000
Premium/Discount to List
-$99,900
-7.14%
Views
24
Current Estimated Value
$1,631,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,061
Avg. Annual Appreciation
5.20%
Original Mortgage
$1,040,000
Outstanding Balance
$1,012,546
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$464,644

Purchase Details

Closed on
Aug 5, 2022
Sold by
Kyle Lausee Family Trust
Bought by
Kyle Lausee Family Trust

Purchase Details

Closed on
Jul 14, 2010
Sold by
Lausee Vera I
Bought by
Lausee Kyle K

Purchase Details

Closed on
Jul 12, 1993
Bought by
Lausee Kyle K and Lausee Vera I

Purchase Details

Closed on
May 19, 1992
Bought by
Osborne Charles A and Osborne Sarah Y
Source: Public Records

Range of Values:

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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
Robert A Rynders Revocable Trust $1,300,000 --
Robert A Rynders Revocable Trust $1,300,000 None Listed On Document
Kyle Lausee Family Trust -- Henry Mccord Bean Miller & Ga
Lausee Family Trust -- Henry Mccord Bean Miller & Gab
Lausee Kyle K -- --
Lausee Kyle K $34,500 --
Osborne Charles A $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robert A Rynders Revocable Trust $1,040,000
Closed Robert A Rynders Revocable Trust $1,040,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $1,300,000 -7.1% $260 / Sq Ft
01/05/2023 01/05/23 For Sale $1,399,900 -- $280 / Sq Ft
Source: ValleyMLS.com

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 $4,660 $297,975 $122,050 $175,925
2023 $3,544 $146,450 $64,350 $82,100
2022 $3,420 $146,450 $64,350 $82,100
2021 $3,361 $146,450 $64,350 $82,100
2020 $2,891 $121,450 $52,750 $68,700
2019 $2,891 $121,450 $52,750 $68,700
2018 $2,745 $121,450 $52,750 $68,700
2017 $3,077 $116,100 $52,750 $63,350
2016 $3,077 $116,100 $52,750 $63,350
2015 $2,821 $116,100 $52,750 $63,350
2014 $2,821 $116,100 $52,750 $63,350
Source: Public Records

Agents Affiliated with this Home

  • Susan Gatlin

    Seller's Agent in 2023

    Susan Gatlin

    Leading Edge RE Grp-Fayetville

    (256) 424-5378

    2 in this area

    167 Total Sales

    Susan Gatlin
    Section Image
  • Charlie Sullivan

    Seller Co-Listing Agent in 2023

    Charlie Sullivan

    Leading Edge RE Grp-Fayetville

    (931) 308-5309

    1 in this area

    162 Total Sales

    Charlie Sullivan
    Section Image
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Map

Source: ValleyMLS.com

MLS Number: 1825287

ValleyMLS.com

APN: 043-047.00

Tennessee Moore County Lynchburg 37352

291 Lake Court Dr, Lynchburg, TN

This home is located at 291 Lake Court Dr, Lynchburg, TN 37352 since 05 January 2023 and is currently estimated at $1,631,061, approximately $326 per square foot. 291 Lake Court Dr is a home located in Moore County with nearby schools including Lynchburg Elementary School and Moore County High School.

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