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123 Lea Avenue

123 Lea Avenue, Nashville, TN 37210
Sold May 18, 2020
$430,000
$516,000 by Nexera Holding Llc
Mortgage Due Mar 01, 2052
Sold Dec 28, 2016
$299,900
$190,000 by Franklin Synergy Bank
Mortgage Due Jan 01, 2047
123 Lea Avenue in Nashville, TN was first built in 1987 and is 37 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 123 Lea Avenue has 1,224 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 740 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 123 Lea Avenue sold most recently in May 1, 2020 for a total of $430,000. If you work out the math, that's approximately a cost of $351.31 per sqft. Before that, the property was also sold for $299,900 in Dec 16, 2016. 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 $5,593 in taxes each year. 123 Lea Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $171,880. If we break it down further, the land itself was valued at $24,000. Improvements to the property, however, were assessed at a total of $147,880. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Exterior

Brick Exterior / Wood Exterior
Wood Siding

Parking

Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 740
  • Total Building Area: 1,224
  • Gross Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAN OF RUTLEDGE HOUSE CONDOMINIUMS
  • Land Acres: 0.017
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 5 RUTLEDGE HOUSE CONDOMINIUMS

Ownership

  • Current Owner : ELEFANIE MICHAEL LOUIS
  • Current Owner 2: ELEFANTE JILLIAN CHRISTINE
  • Previous Owner : IRA NEW DIRECTION
  • Owner Before Previous Owner: COLVIN KATELYN ROSE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Nashville-Davidson County School District
  • Census Tract: 019502

Zoning

  • Zoning: MULTIZONE

Geography

  • Section: C
  • Parcel: 093-11-0C-005-00
  • Municipality: 55-USD
  • Latitude: 36.1555
  • Longitude: -86.7708

    Address

  • Full Address: 123 Lea Ave
  • Legal Unit: 5
  • Address - House Number: 123
  • Address - Street Name: Lea
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Nashville
  • Carrier Code: C005
  • 4-Digit Zip Code: 2036
  • Zip Code: 37210

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,593
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2294
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 599,098
  • High Value: 736,571
  • Low Value: 461,624

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $860,000
  • First Open Lien Mortgage Lender: NEXERA HOLDING LLC
  • First Open Lien Mortgage Recording Date: Mar 03, 2022
  • First Open Lien Mortgage Loan Amount: $516,000
  • 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: Mar 01, 2052
  • Second Open Lien Mortgage Lender: PLAZA HOME MORTGAGE INC
  • Second Open Lien Mortgage Recording Date: Jun 09, 2020
  • Second Open Lien Mortgage Loan Amount: $344,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $429,700
  • Market Land Value: $60,000
  • Market Improvement Value: $369,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $171,880
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $147,880

    Sales

  • Current Sale Contract Date: May 01, 2020
  • Current Sale Recording Date: May 18, 2020
  • Current Sale Transaction ID: 11761255660
  • Current Sale Price: $430,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200518-0051114
  • Previous Sale Recording Date: Dec 28, 2016
  • Previous Sale Contract Date: Dec 16, 2016
  • Previous Sale Amount: $299,900
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN SYNERGY BANK
  • Previous Mortgage Transaction Date: Dec 28, 2016
  • Previous Mortgage Loan Amount: $190,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 01, 2047

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Nearby Rentals

Unit for rent at

$2,295 /mo

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

$2,200 /mo

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

$2,100 /mo

  • 3 Beds
  • 1 Bath
  • 1,337 ft²
Listing by Manager
Unit for rent at

$2,195 /mo

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

$2,050 /mo

  • 1 Bed
  • 1 Bath
  • 743 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 123 Lea Avenue located in?
The 123 Lea Avenue is a townhouse located in the neighborhood of Downtown Nashville in Downtown Nashville, Nashville.
What is the average sales price for listings in 123 Lea Avenue?
The average sales price for units in 123 Lea Avenue is $0 currently.

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