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1011 Sharpe Avenue

1011 Sharpe Avenue, Nashville, TN 37206
House in Greenwood
Sold Jan 05, 2024
$849,900
$637,425 by Cadence Bank, N.a.
Mortgage Due Feb 01, 2054
Sold May 07, 2021
$851,000
$680,800 by Movement Mortgage
Mortgage Due May 01, 2051
1011 Sharpe Avenue has been categorized by the local assessors in Nashville, TN as a residential type of property. The building on the property was first built in 1926 and is 98 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1011 Sharpe Avenue has 2,832 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 1,540 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,841 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 detached garage for those who require parking. The garage measured 775 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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 roof of the building is made of tile. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1011 Sharpe Avenue sold most recently in Jan 4, 2024 for a total of $849,900. If you work out the math, that's approximately a cost of $300.11 per sqft. Before that, the property was also sold for $851,000 in Apr 30, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,627 in taxes each year. 1011 Sharpe Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $142,200. If we break it down further, the land itself was valued at $31,250. Improvements to the property, however, were assessed at a total of $110,950. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Hardboard Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 775
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,832
  • Gross Building Area: 3,046
  • Building Area: 2,832
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,832
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JONES AND BRADFORDS SUBDIVIION
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 39 JONES & BRADFORD

Ownership

  • Current Owner : MECHLING EMILY
  • Current Owner 2: MECHLING MICHAEL
  • Previous Owner : GAFFIN BRADLEY C
  • Previous Owner 2: GAFFIN LAUREL
  • Owner Before Previous Owner: THE PROPERTY SISTERS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 011700

Zoning

  • Zoning: RS5

Geography

  • Parcel: 083-01-0-111-00
  • Lot: 39
  • Municipality: 55-USD
  • Latitude: 36.19
  • Longitude: -86.7495

    Address

  • Full Address: 1011 Sharpe Ave
  • Address - House Number: 1011
  • Address - Street Name: Sharpe
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Nashville
  • Carrier Code: C018
  • 4-Digit Zip Code: 3440
  • Zip Code: 37206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,627
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 837,837
  • High Value: 1,024,956
  • Low Value: 650,718

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $637,425
  • First Open Lien Mortgage Lender: CADENCE BANK, N.A.
  • First Open Lien Mortgage Recording Date: Jan 05, 2024
  • First Open Lien Mortgage Loan Amount: $637,425
  • 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: Feb 01, 2054

    Market Valuation

  • Market Total Value: $568,800
  • Market Land Value: $125,000
  • Market Improvement Value: $443,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $142,200
  • Assessed Land Value: $31,250
  • Assessed Improvements Value: $110,950

    Sales

  • Current Sale Contract Date: Jan 04, 2024
  • Current Sale Recording Date: Jan 05, 2024
  • Current Sale Transaction ID: 11921780402
  • Current Sale Price: $849,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1091
  • Previous Sale Recording Date: May 07, 2021
  • Previous Sale Contract Date: Apr 30, 2021
  • Previous Sale Amount: $851,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CADENCE BANK, N.A.
  • First Mortgage Transaction Date: Jan 05, 2024
  • First Mortgage Loan Amount: $637,425
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: May 07, 2021
  • Previous Mortgage Loan Amount: $680,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2051

About Greenwood



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Frequently Asked Questions

What neighborhood is 1011 Sharpe Avenue located in?
The 1011 Sharpe Avenue is a house located in the neighborhood of Greenwood in Greenwood, Nashville.
What is the average sales price for listings in 1011 Sharpe Avenue?
The average sales price for units in 1011 Sharpe Avenue is $0 currently.

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