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1202 Watts Terrace

1202 Watts Terrace, Nashville, TN 37209
Townhouse in Whitebridge
Sold Nov 18, 2021
$439,999
Seller
$417,999 by Community Mortgage Corporation
Mortgage Due Dec 01, 2051
1202 Watts Terrace has been categorized by the local assessors in Nashville, TN as a residential type of property. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 1202 Watts Terrace has 2,056 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

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 attached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. 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 inside of the home is being cooled with central air conditioning at the moment. 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, 1202 Watts Terrace sold most recently in Nov 12, 2021 for a total of $439,999. If you work out the math, that's approximately a cost of $214.01 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,498 in taxes each year. 1202 Watts Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $168,960. If we break it down further, the land itself was valued at $36,000. Improvements to the property, however, were assessed at a total of $132,960. 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. 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.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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 14
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Condo
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 2,056
  • Gross Building Area: 2,480
  • Building Area: 2,056
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 6 807 WATTS LANE AMENDED

Ownership

  • Current Owner : BILLINGS ROBBY
  • Previous Owner : BRG LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Nashville-Davidson County School District
  • Census Tract: 018101

Geography

  • Parcel: 103-01-0T-006-00
  • Latitude: 36.1427
  • Longitude: -86.869

    Address

  • Full Address: 1202 Watts Ter
  • Legal Unit: 6
  • Address - House Number: 1202
  • Address - Street Name: Watts
  • Address - Suffix Type: Ter
  • State: TN
  • City Name: Nashville
  • Carrier Code: C007
  • 4-Digit Zip Code: 4450
  • Zip Code: 37209

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,498
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 650,368
  • High Value: 803,128
  • Low Value: 497,608

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,999
  • First Open Lien Mortgage Lender: COMMUNITY MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Nov 18, 2021
  • First Open Lien Mortgage Loan Amount: $417,999
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $422,400
  • Market Land Value: $90,000
  • Market Improvement Value: $332,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,960
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $132,960

    Sales

  • Current Sale Contract Date: Nov 12, 2021
  • Current Sale Recording Date: Nov 18, 2021
  • Current Sale Transaction ID: 11868761407
  • Current Sale Price: $439,999
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211118-0153848

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Nov 18, 2021
  • First Mortgage Loan Amount: $417,999
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

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Frequently Asked Questions

What neighborhood is 1202 Watts Terrace located in?
The 1202 Watts Terrace is a townhouse located in the neighborhood of Whitebridge in Whitebridge, Nashville.
What is the average sales price for listings in 1202 Watts Terrace?
The average sales price for units in 1202 Watts Terrace is $0 currently.

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