NOT LISTED FOR SALE

7322 Lake Rd Fairview, TN 37062

Estimated Value: $287,000 - $370,406

3 Beds
1.5 Baths
1,000 Sq Ft
$336/Sq Ft Est. Value

Last Sold April 12, 2013

Last sale price $104,900 $105 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $1,881/month

Highlights

  • 1 Acre Lot
  • Cooling Available
  • 1 Car Garage
  • Westwood Elementary School Rated A
  • Central Heating
  • Property has 1 Level

About This Home

As of April 2013

All new paint and some new improvements. Great buy! This property eligible under the Freddie mac First Look Initiative through 3-18-13 (no investor offers until 3-18-13).

Last Agent to Sell the Property

Jimmy Kitchen

Fridrich & Clark Realty License # 253250 Listed on: 03/03/2013

Fridrich & Clark Realty

Last Buyer's Agent

Kimberly Hoard

Benchmark Realty, LLC License #292103

Benchmark Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $951

Year Built

  • Built in 1973

Lot Details

  • 1 Acre Lot

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,000 Sq Ft Home
  • Property has 1 Level
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Schools

  • Fairview Elementary School
  • Fairview Middle School
  • Fairview High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Lake Road Subdivision

Listing and Financial Details

  • Assessor Parcel Number 094042 00400 00001042

Home Details

Home Type

Single Family

Est. Annual Taxes

$951

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Architectural Style: Ranch
  • Year Built: 1973
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Laminate
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 1000
  • Building Area Units: Square Feet
  • Living Area: 1000
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Senior Community: No

Lot Info

  • Lot Size Acres: 1
  • Lot Size Units: Acres
  • Parcel #: 094042 00400 00001042
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 951

MLS Schools

  • Elementary School: Fairview Elementary
  • High School: Fairview High School
  • Middle Or Junior School: Fairview Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2013
Closed on
Mar 21, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Daschner Doug E
Seller's Agent
Jimmy Kitchen
Fridrich & Clark Realty
Buyer's Agent
Kimberly Hoard
Benchmark Realty, LLC
List Price
$274,900
Sold Price
$104,900
Premium/Discount to List
-$170,000
-61.84%
Current Estimated Value
$335,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,952
Avg. Annual Appreciation
9.59%
Original Mortgage
$89,165
Outstanding Balance
$17,850
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$318,002

Purchase Details

Closed on
Nov 16, 2012
Sold by
Shapiro & Kirsch Llp
Bought by
Federal Home Loan Mortgage Corporatio
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Daschner Doug E $104,900 None Available
Federal Home Loan Mortgage Corporatio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daschner Doug E $89,165
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2015 10/01/15 Off Market $104,900 -- --
06/15/2015 06/15/15 For Sale $274,900 +162.1% $275 / Sq Ft
04/12/2013 04/12/13 Sold $104,900 -- $105 / 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
2025 $1,387 $70,025 $25,625 $44,400
2024 $1,387 $50,300 $12,800 $37,500
2023 $1,387 $50,300 $12,800 $37,500
2022 $1,387 $50,300 $12,800 $37,500
2021 $946 $50,300 $12,800 $37,500
2020 $674 $30,350 $6,475 $23,875
2019 $674 $30,350 $6,475 $23,875
2018 $653 $30,350 $6,475 $23,875
2017 $646 $30,350 $6,475 $23,875
2016 $0 $30,350 $6,475 $23,875
2015 -- $32,850 $6,250 $26,600
2014 -- $32,850 $6,250 $26,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1431092

Realtracs

APN: 042-004.00