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1113 Marion Avenue

1113 Marion Avenue, Nashville, TN 37216
House in Inglewood
Sold Nov 05, 2020
$445,000
$455,000 by Cmg Mortgage Inc
Mortgage Due Feb 01, 2052
Sold Oct 28, 2003
$52,760
Hud
Seller
$42,208 by Gbec Of Tennessee Inc
Mortgage Due Nov 01, 2033
Local assessors in Nashville, TN have categorized 1113 Marion Avenue as a residential type of property. The home was built in 1938 and is 86 years old. The property's lot size has been calculated to be 13,068 square feet. The linear feet between the front and back of the lot was measured at 2,100 ft and the front of the lot was measured at 700 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 1113 Marion Avenue has a total of 1,921 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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. The building has a roof that is made of tar and gravel. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1113 Marion Avenue was last sold in Oct 30, 2020 for $445,000. According to our calculations, that's $231.65 per sqft. Prior to that sales transaction, the property was sold for $52,760 in Oct 27, 2003. Current property owners are expected to pay $3,508 in taxes per year. The property on 1113 Marion Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $107,800. To break that down further, the land itself was valued at $35,000. While improvements to the property were assessed at a total of $72,800. 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. 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.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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Tar and gravel
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 560
  • Garage Type: Carport
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,921
  • Gross Building Area: 4,442
  • Building Area: 1,921
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,921
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: INGLEWOOD PLACE
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LOTS 287 AND 288 INGLEWOOD PLACE

Ownership

  • Current Owner : REESE AUSTIN
  • Current Owner 2: REESE MARISSA
  • Previous Owner : PHILLIPS JOHN C
  • Owner Before Previous Owner: HUD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 011200

Zoning

  • Zoning: RS7.5

Geography

  • Parcel: 061-15-0-334-00
  • Lot: 287-288
  • Municipality: 55-USD
  • Latitude: 36.2158
  • Longitude: -86.7282

    Address

  • Full Address: 1113 Marion Ave
  • Address - House Number: 1113
  • Address - Street Name: Marion
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Nashville
  • Carrier Code: C012
  • 4-Digit Zip Code: 2706
  • Zip Code: 37216

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,508
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2199
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 652,890
  • High Value: 796,509
  • Low Value: 509,272

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $505,000
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Feb 07, 2022
  • First Open Lien Mortgage Loan Amount: $455,000
  • 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, 2052
  • Second Open Lien Mortgage Lender: HOMETRUST BANK
  • Second Open Lien Mortgage Recording Date: Apr 21, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Apr 21, 2053

    Market Valuation

  • Market Total Value: $431,200
  • Market Land Value: $140,000
  • Market Improvement Value: $291,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,800
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $72,800

    Sales

  • Current Sale Contract Date: Oct 30, 2020
  • Current Sale Recording Date: Nov 05, 2020
  • Current Sale Transaction ID: 11796369245
  • Current Sale Price: $445,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201105-0129970
  • Previous Sale Recording Date: Oct 28, 2003
  • Previous Sale Contract Date: Oct 27, 2003
  • Previous Sale Amount: $52,760
  • Previous Sale Document Type: Other

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Nov 05, 2020
  • First Mortgage Loan Amount: $400,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GBEC OF TENNESSEE INC
  • Previous Mortgage Transaction Date: Oct 28, 2003
  • Previous Mortgage Loan Amount: $42,208
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Nov 01, 2033

About Inglewood



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Frequently Asked Questions

What neighborhood is 1113 Marion Avenue located in?
The 1113 Marion Avenue is a house located in the neighborhood of Inglewood in Inglewood, Nashville.
What is the average sales price for listings in 1113 Marion Avenue?
The average sales price for units in 1113 Marion Avenue is $0 currently.

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