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1508 Lipscomb Drive

1508 Lipscomb Drive, Brentwood, TN 37027
Property in Williamson
Sold Nov 07, 2017
$400,000
$452,000 by Rocket Mortgage Llc
Mortgage Due May 01, 2052
Sold Sep 30, 1998
$186,000
$167,400 by Countrywide Home Loans Inc
Mortgage Due Oct 01, 2028
1508 Lipscomb Drive in Brentwood, TN was first built in 1968 and is 56 years old. Although, the building on the property was most recently renovated and altered in 1996. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1508 Lipscomb Drive has 2,210 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,352 sqft and has been categorized as a partial basement. The linear feet across the front of the lot is 1,300 ft and the linear feet between the front and back of the lot is 3,450. In total, the area measurement of the land is 44,850 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a carport. The garage is 240 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1508 Lipscomb Drive was last sold in Oct 31, 2017 for $400,000. According to our calculations, that's $147.93 per sqft. Prior to that sales transaction, the property was sold for $186,000 in Sep 15, 1998. Current property owners are expected to pay $2,805 in taxes per year. The property on 1508 Lipscomb Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $129,275. To break that down further, the land itself was valued at $36,250. While improvements to the property were assessed at a total of $93,025. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,352
  • Parking Type: Attached
  • Garage Type: Carport
  • Garage Square Area: 240
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 44,850
  • Lot Size Depth Feet: 3,450
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 2,704
  • Gross Building Area: 2,704
  • Building Area: 2,210
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,210
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BRENTWOOD MEADOWS
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD BRENTWOOD MEADOWS SEC 4 PB 3 PG 21 LOT 0095

Ownership

  • Current Owner : PETERS JARED T
  • Current Owner 2: PETERS ABIGAIL
  • Previous Owner : ROYER AARON M
  • Previous Owner 2: ROYER SEPHIA B
  • Owner Before Previous Owner: PICKMAN DAVID W
  • Owner Before Previous Owner 2: BUTT MARY ELLEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Williamson County School District
  • Census Tract: 050205

Geography

  • Assessors Map Reference: 035P
  • District: 086
  • Parcel: 035P-A-007.00-000
  • Lot: 0095
  • Municipality: BRENTWOOD
  • Latitude: 35.9772
  • Longitude: -86.8018

    Address

  • Full Address: 1508 Lipscomb Dr
  • Address - House Number: 1508
  • Address - Street Name: Lipscomb
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Brentwood
  • Carrier Code: R049
  • 4-Digit Zip Code: 7020
  • Zip Code: 37027

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,805
  • Tax Rate Code Area: 086

    Appraisal Valuation

  • Standard Deviation: 0.2094
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 71
  • Final Value: 796,583
  • High Value: 963,397
  • Low Value: 629,770

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $452,000
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 07, 2022
  • First Open Lien Mortgage Loan Amount: $452,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $517,100
  • Market Land Value: $145,000
  • Market Improvement Value: $372,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,275
  • Assessed Land Value: $36,250
  • Assessed Improvements Value: $93,025

    Sales

  • Current Sale Contract Date: Oct 31, 2017
  • Current Sale Recording Date: Nov 07, 2017
  • Current Sale Transaction ID: 11298996986
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17045929
  • Previous Sale Recording Date: Sep 30, 1998
  • Previous Sale Contract Date: Sep 15, 1998
  • Previous Sale Amount: $186,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Nov 07, 2017
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • Previous Mortgage Transaction Date: Sep 30, 1998
  • Previous Mortgage Loan Amount: $167,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Oct 01, 2028

About Brentwood



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Frequently Asked Questions

What neighborhood is 1508 Lipscomb Drive located in?
The 1508 Lipscomb Drive is a located in the neighborhood of Williamson in Brentwood, Brentwood.
What is the average sales price for listings in 1508 Lipscomb Drive?
The average sales price for units in 1508 Lipscomb Drive is $0 currently.

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