325 Lake Westmoreland Rd Westmoreland, TN 37186
3
Beds
1
Bath
1,205
Sq Ft
10.55
Acres
Highlights
- 10.55 Acre Lot
- Cooling Available
- Central Heating
- Westmoreland Elementary School Rated A-
About This Home
As of September 2024A former youth camp, turned into home and compound! Complete with a house, efficiency apartment, gymnasium, dinner hall, pool, climbing tower, workshop, stocked pond, garden areas, woods, and 6 RV parking spots! What can you do with all 10 acres?! This is a place to settle down, create a family compound, homestead, or host farming type events like a farmer's market. Maybe convert the gym into a multi car garage? Let your imagination run wild with this property. Located just far enough from the city, yet close enough for amenities. This property wll go viral, so act fast!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,554
Year Built
- Built in 2019
Lot Details
- 10.55 Acre Lot
Interior Spaces
- 1,205 Sq Ft Home
- Property has 3 Levels
- Laminate Flooring
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Utilities
- Cooling Available
- Central Heating
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2024
Closed on
Sep 17, 2024
Sold by
Verret Jack D and Verret Kristie M
Bought by
Heneghan Michael and Heneghan Suzanne
List Price
$775,000
Sold Price
$600,000
Premium/Discount to List
-$175,000
-22.58%
Views
428
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,567
Avg. Annual Appreciation
9.21%
Original Mortgage
$510,000
Outstanding Balance
$507,180
Interest Rate
6.47%
Mortgage Type
Credit Line Revolving
Estimated Equity
$144,073
Purchase Details
Listed on
Nov 21, 2017
Closed on
Jun 25, 2018
Sold by
Mission Discovery Inc
Bought by
Verret Kristle M and Verret Kristie M
Seller's Agent
Ann Buchanan
Keller Williams Realty
Buyer's Agent
David McClard
Exit Real Estate Solutions
List Price
$239,900
Sold Price
$270,000
Premium/Discount to List
$30,100
12.55%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.65%
Original Mortgage
$361,390
Interest Rate
4.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 30, 2007
Sold by
Uss Tennessee Woodmen Fraternal Assn Inc
Bought by
Mission Discovery Inc
Purchase Details
Closed on
Mar 24, 1994
Sold by
Bledsoe Baptist Assn Trs
Bought by
Mid Tn Woodmen Frat Activ
Similar Homes in Westmoreland, 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 |
|---|---|---|---|
| Warranty Deed | $600,000 | Four Star Title | |
| Warranty Deed | $270,000 | Warranty Title Insurance Com | |
| Warranty Deed | $200,000 | Forsythe Title & Escrow Svcs | |
| Deed | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,000 | Credit Line Revolving | |
| Previous Owner | $230,638 | Commercial | |
| Previous Owner | $361,390 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/18/2024 09/18/24 | Sold | $600,000 | -22.6% | $498 / Sq Ft |
| 08/13/2024 08/13/24 | Pending | -- | -- | -- |
| 02/21/2024 02/21/24 | For Sale | $775,000 | +223.1% | $643 / Sq Ft |
| 06/03/2020 06/03/20 | Pending | -- | -- | -- |
| 06/01/2020 06/01/20 | For Sale | $239,900 | -11.1% | $240 / Sq Ft |
| 06/25/2018 06/25/18 | Sold | $270,000 | -- | $270 / 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 | $2,806 | $197,450 | $43,725 | $153,725 |
| 2023 | $2,543 | $112,925 | $20,625 | $92,300 |
| 2022 | $2,554 | $112,925 | $20,625 | $92,300 |
| 2021 | $1,500 | $66,325 | $20,625 | $45,700 |
| 2020 | $2,337 | $66,325 | $20,625 | $45,700 |
| 2019 | $2,664 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | $0 | $0 | $0 | $0 |
| 2016 | $0 | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
| 2014 | -- | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ann Buchanan
Seller's Agent in 2018
Ann Buchanan
Keller Williams Realty
(615) 969-9641
168 Total Sales
-
David McClard
Buyer's Agent in 2018
David McClard
Exit Real Estate Solutions
(615) 655-3551
28 Total Sales
Map
Source: Realtracs
MLS Number: 2827876
APN: 027-026.00
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