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1012 Buchanan Street

1012 Buchanan Street, Nashville, TN 37208
Commercial in Jones-Buena Vista
Local assessors in Nashville, TN have categorized 1012 Buchanan Street as a office type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 20,473 square feet. The linear feet between the front and back of the lot was measured at 1,610 ft and the front of the lot was measured at 1,530 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1012 Buchanan Street has a total of 3,615 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 1012 Buchanan Street was last sold in Jun 21, 2019 for $690,000. According to our calculations, that's $171.26 per sqft. Prior to that sales transaction, the property was sold for $380,000 in Nov 13, 2014. Current property owners are expected to pay $8,529 in taxes per year. The property on 1012 Buchanan Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $360,240. To break that down further, the land itself was valued at $255,600. While improvements to the property were assessed at a total of $104,640. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190228
02/28/2019
Studio
-
28749 ft²
$899,000
bedrooms
Studio
bathrooms
-
square feet
28749 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 1,530
  • Total Building Area: 4,029
  • Gross Building Area: 4,029
  • Building Area: 4,029
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,615
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Office
  • Subdivision: WILLIAMS
  • Land Acres: 0.47
  • Standard Land Use Code: Office bldg (general)
  • Legal Description 1: LOTS 1,2 & 3 WILLIAMS & VALENTINO SUB. & PT CLOSED ALLEY

Ownership

  • Current Owner : 1012 BURCHANAN II LLC
  • Previous Owner : MUSIC CITY CENTER FOR SPIRITUAL LIVING
  • Owner Before Previous Owner: OTEN IRVIN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 013701

Zoning

  • Zoning: CS

Geography

  • Parcel: 081-07-0-518-00
  • Lot: 1-3
  • Municipality: 55-USD
  • Latitude: 36.1806
  • Longitude: -86.8042

    Address

  • Full Address: 1012 Buchanan St
  • Address - House Number: 1012
  • Address - Street Name: Buchanan
  • Address - Suffix Type: St
  • State: TN
  • City Name: Nashville
  • Carrier Code: C014
  • 4-Digit Zip Code: 1566
  • Zip Code: 37208

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,529
  • Tax Rate Code Area: USD

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $625,000
  • First Open Lien Mortgage Lender: RELIANT BANK
  • First Open Lien Mortgage Recording Date: Sep 18, 2019
  • First Open Lien Mortgage Loan Amount: $625,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $900,600
  • Market Land Value: $639,000
  • Market Improvement Value: $261,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $360,240
  • Assessed Land Value: $255,600
  • Assessed Improvements Value: $104,640

    Sales

  • Current Sale Contract Date: Jun 21, 2019
  • Current Sale Recording Date: Jun 21, 2019
  • Current Sale Transaction ID: 11619587848
  • Current Sale Price: $690,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190621-0060390
  • Previous Sale Recording Date: Nov 14, 2014
  • Previous Sale Contract Date: Nov 13, 2014
  • Previous Sale Amount: $380,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DAVID P CRABTREE
  • First Mortgage Transaction Date: Jun 21, 2019
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Sep 21, 2029

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK
  • Previous Mortgage Transaction Date: Nov 14, 2014
  • Previous Mortgage Loan Amount: $304,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Nov 13, 2019

About Jones-Buena Vista



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1012 Buchanan Street located in?
The 1012 Buchanan Street is a commercial located in the neighborhood of Jones-Buena Vista in Jones-Buena Vista, Nashville.
What is the average sales price for listings in 1012 Buchanan Street?
The average sales price for units in 1012 Buchanan Street is $0 currently.

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