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1224 5th Avenue North

1224 5th Avenue North, Nashville, TN 37208
Multifamily in Germantown
Sold Sep 15, 2021
$1,185,000
$439,000 by Wesley Mortgage, Llc
Mortgage Due Sep 01, 2053
Sold Apr 11, 2018
$714,000
$342,000 by Mortgage Investors Group Inc
Mortgage Due May 01, 2048
1224 5th Avenue North 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 1998 and is 26 years old. However, we must point out that the home was most recently renovated and altered in 2005. The home has a total of 6 rooms. 3 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, 1224 5th Avenue North has 2,022 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 1,750 ft and across the front of the lot is 340 ft. The area measurement of the land has been determined as 5,663 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. Residents will have the luxury of enjoying a open porch. 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 materials that we aren't sure of. 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. The property was last sold in Aug 30, 2021 for $1,185,000. That's $586.05 per sqft. Prior to that sales transaction, the property was also sold in Apr 10, 2018 for $714,000. 1224 5th Avenue North was last assessed in 2023. The total value of the property was assessed at $254,915. Specifically, the land the property is located on was valued at $123,750. While improvements on the property were assessed at a total of $131,165. 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 $8,295. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 2005
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Other
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 5,663
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 340
  • Total Building Area: 2,022
  • Gross Building Area: 1,754
  • Building Area: 2,022
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,022
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GERMANTOWN FIFTY AVENUE
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 GERMANTOWN - FIFTH AVENUE

Ownership

  • Current Owner : LEWIS MARILYN M
  • Current Owner 2: MARILYN M LEWIS REVOCABLE TRUS
  • Previous Owner : CAMPFIELD CHAD
  • Previous Owner 2: CAMPFIELD TRACY
  • Owner Before Previous Owner: BLOCK TIFFANY
  • Owner Before Previous Owner 2: VAUGHAN TIFFANY
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 019402

Zoning

  • Zoning: MULTI-ZONE

Geography

  • Parcel: 082-09-0-473-00
  • Lot: 4
  • Municipality: 55-USD
  • Latitude: 36.1766
  • Longitude: -86.7883

    Address

  • Full Address: 1224 5th Ave N
  • Address - House Number: 1224
  • Street Segment Direction: N
  • Address - Street Name: 5th
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Nashville
  • Carrier Code: C022
  • 4-Digit Zip Code: 2724
  • Zip Code: 37208

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,295
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2268
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 1,390,154
  • High Value: 1,705,575
  • Low Value: 1,074,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $439,000
  • First Open Lien Mortgage Lender: WESLEY MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Aug 14, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $439,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $947,600
  • Market Land Value: $495,000
  • Market Improvement Value: $452,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,915
  • Assessed Land Value: $123,750
  • Assessed Improvements Value: $131,165

    Sales

  • Current Sale Contract Date: Aug 30, 2021
  • Current Sale Recording Date: Sep 15, 2021
  • Current Sale Transaction ID: 11855306524
  • Current Sale Price: $1,185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210915-0124044
  • Previous Sale Recording Date: Apr 11, 2018
  • Previous Sale Contract Date: Apr 10, 2018
  • Previous Sale Amount: $714,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • Previous Mortgage Transaction Date: Apr 11, 2018
  • Previous Mortgage Loan Amount: $342,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2048

About Germantown



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Nearby Rentals

Unit for rent at

$1,800 /mo

  • 2 Beds
  • 1 Bath
  • 704 ft²
Listing by Manager
Unit for rent at

$1,750 /mo

  • 1 Bed
  • 1 Bath
  • 702 ft²
Listing by The Warrick
Unit for rent at

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
Listing by Manager
Unit for rent at

$1,895 /mo

  • 1 Bed
  • 1 Bath
  • 616 ft²
Listing by Manager
Unit for rent at

$1,850 /mo

  • 2 Beds
  • 2 Baths
  • 600 ft²
Listing by Pearl Flats
Unit for rent at

$1,900 /mo

  • 2 Beds
  • 2 Baths
  • 1,116 ft²
Listing by Manager
Unit for rent at

$1,800 /mo

  • 2 Beds
  • 1 Bath
  • 704 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1224 5th Avenue North located in?
The 1224 5th Avenue North is a multifamily located in the neighborhood of Germantown in Germantown, Nashville.
What is the average sales price for listings in 1224 5th Avenue North?
The average sales price for units in 1224 5th Avenue North is $0 currently.

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