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1316 Broad Street

1316 Broad Street, Bristol, TN 37620
Property in Sullivan
Sold Feb 16, 2016
$64,750
$63,576 by Ark-la-tex Finance Services Ll
Mortgage Due Feb 12, 2046
Sold Apr 06, 2011
$7,000
1316 Broad Street in Bristol, TN was first built in 1923 and is 101 years old. Although, the building on the property was most recently renovated and altered in 1989. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1316 Broad Street has 864 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. The linear feet across the front of the lot is 470 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 4,700 square feet.

Learn more about the property and building on this page. There is a open porch and a patio. The home has a gable or hip style roof made of metal. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 240 sqft. There is one available parking space. 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 unknown. While the interior walls are made of paneling. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a 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, 1316 Broad Street sold most recently in Feb 12, 2016 for a total of $64,750. If you work out the math, that's approximately a cost of $74.94 per sqft. Before that, the property was also sold for $7,000 in Mar 25, 2011. 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 $666 in taxes each year. 1316 Broad Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $15,150. If we break it down further, the land itself was valued at $1,300. Improvements to the property, however, were assessed at a total of $13,850. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1989
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,700
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 470
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 864
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 17, COUNTY AREA: A30

Ownership

  • Current Owner : WOOD RHONDA L
  • Previous Owner : LAVINDER DEVELOPMENT LLC
  • Owner Before Previous Owner: OSBORNE CHARLES A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bristol City School District
  • School Tax School District: 82090
  • Census Tract: 042703

Geography

  • Assessors Map Reference: 020C
  • District: 17
  • Parcel: 082020C F 00300
  • Municipality: BRISTOL
  • Latitude: 36.5929
  • Longitude: -82.1981

    Address

  • Full Address: 1316 Broad St
  • Address - House Number: 1316
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: TN
  • City Name: Bristol
  • Carrier Code: C006
  • 4-Digit Zip Code: 2024
  • Zip Code: 37620

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $666
  • Tax Rate Code Area: 82A02

    Appraisal Valuation

  • Standard Deviation: 0.1301
  • Valuation Date: Feb 01, 2023
  • Confidence Score: 73
  • Final Value: 79,111
  • High Value: 89,403
  • Low Value: 68,818

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,576
  • First Open Lien Mortgage Lender: ARK-LA-TEX FINANCE SERVICES LL
  • First Open Lien Mortgage Recording Date: Feb 16, 2016
  • First Open Lien Mortgage Loan Amount: $63,576
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 12, 2046

    Market Valuation

  • Market Total Value: $60,600
  • Market Land Value: $5,200
  • Market Improvement Value: $55,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,150
  • Assessed Land Value: $1,300
  • Assessed Improvements Value: $13,850

    Sales

  • Current Sale Contract Date: Feb 12, 2016
  • Current Sale Recording Date: Feb 16, 2016
  • Current Sale Transaction ID: 1454027811
  • Current Sale Price: $64,750
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16002232
  • Previous Sale Recording Date: Apr 06, 2011
  • Previous Sale Contract Date: Mar 25, 2011
  • Previous Sale Amount: $7,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARK-LA-TEX FINANCE SERVICES LL
  • First Mortgage Transaction Date: Feb 16, 2016
  • First Mortgage Loan Amount: $63,576
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 12, 2046

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Frequently Asked Questions

What neighborhood is 1316 Broad Street located in?
The 1316 Broad Street is a located in the neighborhood of Sullivan in Bristol, Bristol.
What is the average sales price for listings in 1316 Broad Street?
The average sales price for units in 1316 Broad Street is $0 currently.

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