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1330 Gateway Drive

1330 Gateway Drive, Gallatin, TN 37066
Commercial in Sumner
1 Units For Sale
Unit for sale at 1330 Gateway Dr, Gallatin, TN 37066

$3,800,000

  • Commercial
  • 18,092 ft²
1330 Gateway Dr, Gallatin, TN 37066 Listing by Tim Brewer

Local assessors in Gallatin, TN have categorized 1330 Gateway Drive as a office type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 261,360 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 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 1330 Gateway Drive has a total of 20,036 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 rigid frame bar style roof that was made of metal. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heating system is the primary heating source. 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, 1330 Gateway Drive was last sold in Aug 30, 2023 for $3,400,000. According to our calculations, that's $667.19 per sqft. Prior to that sales transaction, the property was sold for $410,000 in Mar 14, 2000. Current property owners are expected to pay $11,510 in taxes per year. The property on 1330 Gateway Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $377,120. To break that down further, the land itself was valued at $98,880. While improvements to the property were assessed at a total of $278,240. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Rigid frame bar
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 261,360
  • Total Building Area: 5,096
  • Gross Building Area: 5,096
  • Building Area: 5,096
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 20,036
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Office
  • Land Acres: 6
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: DISTRICT: 02, COUNTY AREA: D00

Ownership

  • Current Owner : 1330 GATEWAY DRIVE F6 LLC
  • Previous Owner : DILLMAN TIMOTHY B
  • Owner Before Previous Owner: GALMED INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sumner County School District
  • School Tax School District: 83278
  • Census Tract: 020602

Zoning

  • Zoning: IR

Geography

  • Assessors Map Reference: 112
  • District: 02
  • Parcel: 083112 01604
  • Municipality: GALLATIN
  • Latitude: 36.4037
  • Longitude: -86.401

    Address

  • Full Address: 1330 Gateway Dr
  • Address - House Number: 1330
  • Address - Street Name: Gateway
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Gallatin
  • Carrier Code: R033
  • 4-Digit Zip Code: 4642
  • Zip Code: 37066

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,510
  • Tax Rate Code Area: 83A01

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $312,000
  • First Open Lien Mortgage Lender: CITIZENS BANK
  • First Open Lien Mortgage Recording Date: Aug 04, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $312,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)

    Market Valuation

  • Market Total Value: $942,800
  • Market Land Value: $247,200
  • Market Improvement Value: $695,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $377,120
  • Assessed Land Value: $98,880
  • Assessed Improvements Value: $278,240

    Sales

  • Current Sale Contract Date: Aug 30, 2023
  • Current Sale Recording Date: Sep 01, 2023
  • Current Sale Transaction ID: 11912000672
  • Current Sale Price: $3,400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1460344
  • Previous Sale Recording Date: Mar 22, 2000
  • Previous Sale Contract Date: Mar 14, 2000
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WOODFOREST NATIONAL BANK
  • First Mortgage Transaction Date: Sep 01, 2023
  • First Mortgage Loan Amount: $2,040,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: CAPITAL BANK & TRUST COMPANY
  • Previous Mortgage Transaction Date: Mar 22, 2000
  • Previous Mortgage Loan Amount: $543,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Gallatin



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1330 Gateway Drive located in?
The 1330 Gateway Drive is a commercial located in the neighborhood of Sumner in Gallatin, Gallatin.
How many listings are currently for sale in 1330 Gateway Drive?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 1330 Gateway Drive?
The average sales price for units in 1330 Gateway Drive is $3,800,000 , or $210/sqft. currently.

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