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516 Lakewood Dr

Decatur, TN 37322

3 bd 2 ba 1,110 sqft Built 2014 Lot 28,750 sqft single_family
Most recent sale
$189,900
Jun 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 2, 2025 Price changed $300,000 EastTennessee
Aug 20, 2025 Price changed $325,000 EastTennessee
Aug 2, 2025 Price changed $325,000 RiverCounties
May 28, 2025 Listed $350,000 EastTennessee
Mar 15, 2024 Listed $350,000 RiverCounties
Nov 20, 2022 Listing removed Avail
Oct 29, 2022 Listed for rent $1,600 Avail
Jun 27, 2022 Sold $189,900 MLS #20222337
May 4, 2022 Listed $185,900 MLS #1190044
Jan 7, 2020 Listing removed EastTennessee
Apr 10, 2019 Price changed $85,900 MLS #20190473
Jan 25, 2019 Listed $89,900 MLS #1067783
May 7, 2013 Sold $69,000 Public Record
Aug 20, 2012 Price changed $79,900 MLS #20111738
Aug 15, 2012 Price changed $69,900 MLS #20111738
Jun 4, 2012 Price changed $79,900 MLS #20111738
May 24, 2012 Price changed $80,000 MLS #20111738
Feb 9, 2012 Price changed $90,000 MLS #20111738
Feb 2, 2012 Price changed $106,000 MLS #20111738
Sep 20, 2011 Price changed $110,000 MLS #20111738
Aug 15, 2011 Listed $125,000 MLS #20111738

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $39,725 $671
2021 $39,725 $671
2020 $30,100 $596
2019 $30,100 $596
2018 $30,100 $596
2017 $30,100 $596
2016 $30,100 $596
2015 $23,800 $517
2014 $7,825 $147
2013 $7,825 $147
2012 $7,825 $147
2011 $14,350 $269
2010 $35,350 $645
2009 $35,350 $645
2008 $35,350 $645
2007 $35,350 $645

Property facts

Year built
2014
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,110 sqft
Lot size
28,750 sqft
ZIP code
37322
City
Decatur
Street
Lakewood Dr
Coordinates
35.48223, -84.88191

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,665
Gross rental yield
10.52%
Implied cap rate
6.84%
Trend-extrapolated value

Frequently asked questions

When did 516 Lakewood Dr last sell?
516 Lakewood Dr most recently sold on Jun 27, 2022 for $189,900.
What is the current tax assessment for 516 Lakewood Dr?
The most recent total assessment for 516 Lakewood Dr (year 2022) is $39,725 with $671 in property tax.
How does 516 Lakewood Dr's assessment compare to its last sale price?
The current assessment is 79.1% below the last sale price of $189,900.
When was 516 Lakewood Dr built?
516 Lakewood Dr was built in 2014.
How does 516 Lakewood Dr compare to others on Lakewood Dr?
We track 8 other properties on Lakewood Dr. Browse the list under "Other properties on Lakewood Dr" to compare beds, baths, and sale history.
What are the property facts for 516 Lakewood Dr?
516 Lakewood Dr is a 3 bed, 2 bath, 1,110 sqft, 28,750 sqft lot single_family.
Is 516 Lakewood Dr a flip candidate?
No — 516 Lakewood Dr does not appear in our flips dataset.
Is 516 Lakewood Dr a tax-appeal candidate?
No — 516 Lakewood Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.3%
Implied 1-yr
+13.1%
2026 Q3
$248K
2026 Q4
$254.6K
ZIP 37322 — Median Price History + Forecast

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