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7 Burning Tree Lane

7 Burning Tree Lane, Fayetteville, TN 37334
Property in Lincoln
Sold Jun 15, 2018
$279,000
$223,200 by Ascend Fcu
Mortgage Due Jul 01, 2048
Sold Nov 07, 2016
$272,000
$258,400 by Finworth Mortgage
Mortgage Due Dec 01, 2046
7 Burning Tree Lane has been categorized by the local assessors in Fayetteville, TN as a residential type of property. The building on the property was first built in 2003 and is 21 years old. However, we must point out that the home was most recently renovated and altered in 2014. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7 Burning Tree Lane has 3,406 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,570 ft and across the front of the lot is 1,900 ft. The area measurement of the land has been determined as 48,830 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 725 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C+ by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. The property was last sold in Jun 13, 2018 for $279,000. That's $81.91 per sqft. Prior to that sales transaction, the property was also sold in Oct 12, 2016 for $272,000. 7 Burning Tree Lane was last assessed in 2022. The total value of the property was assessed at $73,975. Specifically, the land the property is located on was valued at $3,725. While improvements on the property were assessed at a total of $70,250. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,555. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2014
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C+
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 725
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 48,830
  • Lot Size Depth Feet: 2,570
  • Lot Size Frontage Feet: 1,900
  • Total Building Area: 3,406
  • Building Area: 3,406
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 3,406
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WOODMONT EST SUBD
  • Land Acres: 1.121
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 21, COUNTY AREA: R08

Ownership

  • Current Owner : LOYD JOHN T
  • Current Owner 2: LOYD KELLY D
  • Previous Owner : WOOTEN GREGORY W
  • Previous Owner 2: WOOTEN JANNA LYN
  • Owner Before Previous Owner: DODGE N P JR TRUSTEE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Lincoln County School District
  • Census Tract: 975400

Geography

  • Assessors Map Reference: 103B
  • District: 21
  • Parcel: 052103B A 00400
  • Lot: 4
  • Latitude: 35.1148
  • Longitude: -86.543

    Address

  • Full Address: 7 Burning Tree Ln
  • Address - House Number: 7
  • Address - Street Name: Burning Tree
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Fayetteville
  • Carrier Code: R009
  • 4-Digit Zip Code: 6989
  • Zip Code: 37334

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,555
  • Tax Rate Code Area: 52A00

    Appraisal Valuation

  • Standard Deviation: 0.1535
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 69
  • Final Value: 337,266
  • High Value: 389,064
  • Low Value: 285,467

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $223,200
  • First Open Lien Mortgage Lender: ASCEND FCU
  • First Open Lien Mortgage Recording Date: Jun 15, 2018
  • First Open Lien Mortgage Loan Amount: $223,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $295,900
  • Market Land Value: $14,900
  • Market Improvement Value: $281,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,975
  • Assessed Land Value: $3,725
  • Assessed Improvements Value: $70,250

    Sales

  • Current Sale Contract Date: Jun 13, 2018
  • Current Sale Recording Date: Jun 15, 2018
  • Current Sale Transaction ID: 11474453863
  • Current Sale Price: $279,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 18002410
  • Previous Sale Recording Date: Nov 07, 2016
  • Previous Sale Contract Date: Oct 12, 2016
  • Previous Sale Amount: $272,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ASCEND FCU
  • First Mortgage Transaction Date: Jun 15, 2018
  • First Mortgage Loan Amount: $223,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FINWORTH MORTGAGE
  • Previous Mortgage Transaction Date: Nov 07, 2016
  • Previous Mortgage Loan Amount: $258,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About Lincoln



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Frequently Asked Questions

What neighborhood is 7 Burning Tree Lane located in?
The 7 Burning Tree Lane is a located in the neighborhood of Lincoln in Lincoln, Fayetteville.
What is the average sales price for listings in 7 Burning Tree Lane?
The average sales price for units in 7 Burning Tree Lane is $0 currently.

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