NOT LISTED FOR SALE

505 High Ave Lake City, TN 37769

Estimated Value: $109,000 - $220,000

3 Beds
2 Baths
1,046 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 14, 2023

Last sale price $124,900 $119 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $919/month

1 Day on Market

Highlights

  • Traditional Architecture
  • Bonus Room
  • Covered Patio or Porch
  • Wood Flooring
  • No HOA
  • Balcony

About This Home

As of June 2023

THIS COULD BE YOUR DREAM HOME WITH ALITTLE WORK. SELLER HAS IT ABOUT 90% DONE DUE TO FAMILY ISSUES UNABLE TO FINISH NEW APPLIANCES,CARPET LAMINATE REFINISHED HARDWOOD FLOORS ,PAINT WATER HEATER AND MUCH MORE NEEDS PLUMBING AND SOME ELECTRICAL WORK DONE BEING SOLD AS-IS SELLER TO MAKE NO REPAIRS BUYER CAN DO ANY INSPECTIONS FOR INFORMATION PURPOSES POWER IS ON HOWEVER WATER CANT BE TURNED ON INTILL REPAIRED

Last Agent to Sell the Property

Rodney Covington

Weichert REALTORS- Tiger Real Estate License #305528 Listed on: 05/27/2023

Weichert REALTORS- Tiger Real Estate

Last Buyer's Agent

Tiffney Barry

United Real Estate Solutions License #365981

United Real Estate Solutions

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $306

Year Built

  • Built in 1951

Lot Details

  • 7,405 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Level Lot

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 1,046 Sq Ft Home
  • Vinyl Clad Windows
  • Bonus Room
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Hornsby Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 018E D 018.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$306

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Directions: TAKE 275 N EXIT 128 TOWARD ROCKY TOP STRAIGHT ON COBB HOLLOW RD ,RIGHT ON LOVELY BLUFF RD. RIGHT ON 4TH ST LEFT ON HIGH AVE
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1951
  • Lot Size Acres: 0.17
  • Subdivision Name: HORNSBY ADDITION
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 832.0
  • General Property Description:SqFt - 2nd Flr Lvl: 214.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Heat:Heat Pump3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator, Microwave
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Laminate, Carpet, Hardwood
  • ResoLivingAreaSource: Owner
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace:None15: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Fence - Privacy, Fence - Wood, Porch - Covered, Balcony
  • Lot Features: Level
  • Construction Type: Frame
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Fence - Wood: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Fence - Privacy: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Main Level
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Natural Gas
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Parcel #: 018E D 018.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 306.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Jun 14, 2023
Sold by
Morgan Clyde
Bought by
Oshea Laurie and Young Christian Kodee
Seller's Agent
Rodney Covington
Weichert REALTORS- Tiger Real Estate
Buyer's Agent
Tiffney Barry
United Real Estate Solutions
List Price
$124,900
Sold Price
$124,900
Views
40
Current Estimated Value
$162,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,267
Avg. Annual Appreciation
12.42%

Purchase Details

Listed on
Oct 29, 2020
Closed on
Dec 28, 2020
Sold by
Baxter Robert D
Bought by
Morgan Clyde
Seller's Agent
Rodney Covington
Weichert, REALTORS - Tiger Real Estate
Buyer's Agent
Rodney Covington
Weichert, REALTORS - Tiger Real Estate
List Price
$65,000
Sold Price
$59,500
Premium/Discount to List
-$5,500
-8.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.18%

Purchase Details

Closed on
Jul 17, 2020
Sold by
Shuford A Burton
Bought by
Baxter Robert D

Purchase Details

Closed on
Aug 15, 2017
Sold by
Blum Karen
Bought by
Homeless Non Profit Netwokd Inc

Purchase Details

Listed on
Aug 31, 2016
Closed on
Apr 13, 2017
Sold by
Carcon Ben
Bought by
Blum Karen S
Seller's Agent
Christy Cj Pace
Pace Probity Asset Management
Buyer's Agent
Emilee Smith
Keller Williams Dagnan Realty Group
Sold Price
$29,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.71%

Purchase Details

Closed on
Aug 2, 2016
Sold by
Brock & Scott Pllc
Bought by
Secretary Of Housing And Urban Develo

Purchase Details

Closed on
Feb 3, 2016
Sold by
Burroughs Chris
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Closed on
Sep 19, 2008
Sold by
Burroughs Chris
Bought by
Burroughs Chris

Purchase Details

Closed on
Oct 6, 2006
Sold by
Trett Carles Z
Bought by
Burroughs Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,920
Interest Rate
9.4%

Purchase Details

Closed on
Aug 5, 2004
Sold by
Hoffmeister Belita D
Bought by
Trett Carles Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,350
Interest Rate
9.2%

Purchase Details

Closed on
Jun 27, 2003
Sold by
Mehaffey Roy E
Bought by
Hoffmeister Belita D

Purchase Details

Closed on
Jul 22, 2002
Sold by
Banks Bertha Estate Of
Bought by
Mehaffey Roy E
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
Oshea Laurie $124,900 Broadway Title Inc
Morgan Clyde $59,500 Broadway Title Inc
Baxter Robert D $48,400 None Available
Homeless Non Profit Netwokd Inc -- None Available
Blum Karen S $29,005 None Available
Secretary Of Housing And Urban Develo -- --
Secretary Of Housing And Urban Development $29,600 --
Burroughs Chris -- --
Burroughs Chris $79,900 --
Trett Carles Z $71,000 --
Hoffmeister Belita D $35,000 --
Mehaffey Roy E $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehaffey Roy E $63,920
Previous Owner Mehaffey Roy E $60,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Sold $124,900 0.0% $119 / Sq Ft
05/29/2023 05/29/23 Pending -- -- --
05/27/2023 05/27/23 For Sale $124,900 +109.9% $119 / Sq Ft
12/29/2020 12/29/20 Sold $59,500 -8.5% $64 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $65,000 +124.1% $70 / Sq Ft
04/13/2017 04/13/17 Sold $29,005 -- $25 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $504 $19,175 $2,575 $16,600
2023 $403 $19,175 $0 $0
2022 $710 $15,325 $2,575 $12,750
2021 $710 $15,325 $2,575 $12,750
2020 $576 $15,325 $2,575 $12,750
2019 $589 $12,025 $2,050 $9,975
2018 $577 $12,025 $2,050 $9,975
2017 $577 $12,025 $2,050 $9,975
2016 $577 $12,025 $2,050 $9,975
2015 -- $12,025 $2,050 $9,975
2014 -- $12,025 $2,050 $9,975
2013 -- $12,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1228454

East Tennessee REALTORS® MLS

APN: 018E-D-018.00