Check Availability

1416 Trace Ridge Lane

1416 Trace Ridge Lane, Nashville, TN 37221
House in Traceside
Sold Jun 05, 2019
$435,000
$348,000 by Capstar Bank
Mortgage Due Jun 01, 2049
Sold Jun 10, 2008
$337,000
$269,600 by Franklin American Mortgage Co
Mortgage Due Jun 01, 2038
1416 Trace Ridge Lane 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 2000 and is 24 years old. However, we must point out that the home was most recently renovated and altered in 2003. The home has a total of 8 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 1416 Trace Ridge Lane has 2,729 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 1,550 ft and across the front of the lot is 970 ft. The area measurement of the land has been determined as 15,035 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 483 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a patio. Moving on to the building itself. The condition of the building has been evaluated as average. 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 exterior walls of the building are made of brick. 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. 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, 1416 Trace Ridge Lane was last sold in May 30, 2019 for $435,000. According to our calculations, that's $159.40 per sqft. Prior to that sales transaction, the property was sold for $337,000 in May 30, 2008. Current property owners are expected to pay $2,504 in taxes per year. The property on 1416 Trace Ridge Lane was last assessed in 2018. As a result of that assessment, the total value of the property was placed at $90,875. To break that down further, the land itself was valued at $18,500. While improvements to the property were assessed at a total of $72,375. 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 is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2003
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Roof Cover Type: Other
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 15,035
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 970
  • Total Building Area: 2,729
  • Gross Building Area: 3,212
  • Building Area: 2,729
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,729
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAN OF TRACESIDE SECTION NINE
  • Land Acres: 0.345
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 17 TRACESIDE SEC 9

Ownership

  • Current Owner : BURKE MICHAEL S
  • Previous Owner : CODISPOTI JR JOSEPH D
  • Owner Before Previous Owner: LESKY DOUGLAS A
  • Owner Before Previous Owner 2: STEELE JEFFREY R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 018405

Zoning

  • Zoning: RS20

Geography

  • Section: 9
  • Parcel: 155-16-0-A34-00-0CO
  • Lot: 17
  • Municipality: 74-GSD
  • Latitude: 36.0329
  • Longitude: -86.9656

    Address

  • Full Address: 1416 Trace Ridge Ln
  • Address - House Number: 1416
  • Address - Street Name: Trace Ridge
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Nashville
  • Carrier Code: R010
  • 4-Digit Zip Code: 7916
  • Zip Code: 37221

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $2,504
  • Tax Rate Code Area: GSD

    Appraisal Valuation

  • Standard Deviation: 0.184
  • Valuation Date: Oct 30, 2019
  • Confidence Score: 84
  • Final Value: 425,805
  • High Value: 504,156
  • Low Value: 347,454

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $348,000
  • First Open Lien Mortgage Lender: CAPSTAR BANK
  • First Open Lien Mortgage Recording Date: Jun 05, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $348,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2049

    Market Valuation

  • Market Total Value: $363,500
  • Market Land Value: $74,000
  • Market Improvement Value: $289,500

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $90,875
  • Assessed Land Value: $18,500
  • Assessed Improvements Value: $72,375

    Sales

  • Current Sale Contract Date: May 30, 2019
  • Current Sale Recording Date: Jun 05, 2019
  • Current Sale Transaction ID: 11615090023
  • Current Sale Price: $435,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190605-0053555
  • Previous Sale Recording Date: Jun 10, 2008
  • Previous Sale Contract Date: May 30, 2008
  • Previous Sale Amount: $337,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAPSTAR BANK
  • First Mortgage Transaction Date: Jun 05, 2019
  • First Mortgage Loan Amount: $348,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jun 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Jun 10, 2008
  • Previous Mortgage Loan Amount: $269,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jun 01, 2038

About Traceside



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1416 Trace Ridge Lane located in?
The 1416 Trace Ridge Lane is a house located in the neighborhood of Traceside in Traceside, Nashville.
What is the average sales price for listings in 1416 Trace Ridge Lane?
The average sales price for units in 1416 Trace Ridge Lane is $0 currently.

Quantcast