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1012 Olsen Avenue

1012 Olsen Avenue, Signal Mountain, TN 37377
House in Walden
Sold Dec 09, 2021
$230,000
$223,100 by Princeton Mortgage Corp
Mortgage Due Jan 01, 2052
Sold Feb 26, 2021
$218,950
Seller
$212,382 by Navy Fcu
Mortgage Due Mar 01, 2051
1012 Olsen Avenue has been categorized by the local assessors in Signal Mountain, TN as a residential type of property. The building on the property was first built in 1937 and is 87 years old. However, we must point out that the home was most recently renovated and altered in 1978. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1012 Olsen Avenue has 904 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 2,000 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 20,000 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 482 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as fair. From what we've gathered, the quality of these control joints have been graded with a letter grade of E by the local assessor. The building has a gable or hip style roof made of asphalt. The exterior walls of the building are made of wood shingle. In terms of heating, it is utilizing a central heating system. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. The property was last sold in Dec 9, 2021 for $230,000. That's $254.42 per sqft. Prior to that sales transaction, the property was also sold in Feb 14, 2021 for $218,950. 1012 Olsen Avenue was last assessed in 2023. The total value of the property was assessed at $52,825. 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 $1,463. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

Building Features

Parking

Off Street Parking

Exterior

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

Building Info

Overview

    General

  • Year Built: 1937
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Fair
  • Building Quality: E
  • Exterior Walls Type: Wood shingle
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 482
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 904
  • Building Area: 904
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 904
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LOOMISTON
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 10 BLK F LOOMISTON PB 5 PG 57

Ownership

  • Current Owner : JOHNSTON WALTER SYDNEY
  • Current Owner 2: PALMER SARAH
  • Previous Owner : LANDRUM KELLY L
  • Owner Before Previous Owner: TNQB LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Hamilton County School District
  • Census Tract: 011003

Geography

  • Assessors Map Reference: MB 5 PG 57
  • Account Number: 0000019331
  • District: 3W
  • Parcel: 089F A 012
  • Block: F
  • Lot: 10
  • Municipality: WALDEN
  • Latitude: 35.1708
  • Longitude: -85.3167

    Address

  • Full Address: 1012 Olsen Ave
  • Address - House Number: 1012
  • Address - Street Name: Olsen
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Signal Mountain
  • Carrier Code: R002
  • 4-Digit Zip Code: 2748
  • Zip Code: 37377

Valuation

    Tax

  • Total Area: 1,066
  • Tax Year: 2023
  • Tax Amount: $1,463

    Appraisal Valuation

  • Standard Deviation: 0.2595
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 63
  • Final Value: 344,781
  • High Value: 434,274
  • Low Value: 255,288

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $223,100
  • First Open Lien Mortgage Lender: PRINCETON MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 09, 2021
  • First Open Lien Mortgage Loan Amount: $223,100
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $211,300
  • Market Land Value: $60,000
  • Market Improvement Value: $151,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,825

    Sales

  • Current Sale Contract Date: Dec 09, 2021
  • Current Sale Recording Date: Dec 09, 2021
  • Current Sale Transaction ID: 11873581862
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021120900247
  • Previous Sale Recording Date: Feb 26, 2021
  • Previous Sale Contract Date: Feb 14, 2021
  • Previous Sale Amount: $218,950
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRINCETON MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 09, 2021
  • First Mortgage Loan Amount: $223,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FCU
  • Previous Mortgage Transaction Date: Feb 26, 2021
  • Previous Mortgage Loan Amount: $212,382
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2051

About Walden - Mowbray - Flat Top Mountain



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 1012 Olsen Avenue located in?
The 1012 Olsen Avenue is a house located in the neighborhood of Walden in Walden - Mowbray - Flat Top Mountain, Signal Mountain.
What is the average sales price for listings in 1012 Olsen Avenue?
The average sales price for units in 1012 Olsen Avenue is $218,950 , or $187/sqft. currently.

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