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1507 Shelby Avenue

1507 Shelby Avenue, Nashville, TN 37206
Sold May 28, 2014
$170,000
$136,000 by First Community Mortgage Inc
Mortgage Due Jun 01, 2044
Local assessors in Nashville, TN have categorized 1507 Shelby Avenue as a residential type of property. The home was built in 1945 and is 79 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 7,650 square feet. The linear feet between the front and back of the lot was measured at 1,530 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. 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 1507 Shelby Avenue has a total of 792 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 roof that is made of tile. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 1507 Shelby Avenue sold most recently in May 23, 2014 for a total of $170,000. If you work out the math, that's approximately a cost of $214.65 per sqft. 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 $0 in taxes each year. 1507 Shelby Avenue was most recently assessed in 2018. During this assessment, the property's total value was estimated to be about $55,550. If we break it down further, the land itself was valued at $45,000. Improvements to the property, however, were assessed at a total of $10,550. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1945
  • Effective Year Built: 1970
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,650
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 500
  • Total Building Area: 792
  • Gross Building Area: 792
  • Building Area: 792
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 792
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLAKEMORE & PARKS SUBDIVISION
  • Land Acres: 0.176
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 BLAKEMORE & PARKS

Ownership

  • Current Owner : PRESTON AUBREY S
  • Previous Owner : DEAN DOUG
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 012200

Zoning

  • Zoning: R6

Geography

  • Parcel: 083-13-0-497-00
  • Lot: 7
  • Municipality: 55-USD
  • Latitude: 36.1709
  • Longitude: -86.744

    Address

  • Full Address: 1507 Shelby Ave
  • Address - House Number: 1507
  • Address - Street Name: Shelby
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Nashville
  • Carrier Code: C002
  • 4-Digit Zip Code: 3035
  • Zip Code: 37206

Valuation

    Tax

  • Tax Year: 2018
  • Tax Amount: $0
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2732
  • Valuation Date: Jul 24, 2019
  • Confidence Score: 69
  • Final Value: 247,773
  • High Value: 315,476
  • Low Value: 180,071

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $136,000
  • First Open Lien Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 28, 2014
  • First Open Lien Mortgage Loan Amount: $136,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2044

    Market Valuation

  • Market Total Value: $222,200
  • Market Land Value: $180,000
  • Market Improvement Value: $42,200

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $55,550
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $10,550

    Sales

  • Current Sale Contract Date: May 23, 2014
  • Current Sale Recording Date: May 28, 2014
  • Current Sale Transaction ID: 11467267849
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201405280045924

    Last Sale Mortgage

  • First Mortgage Lender: FIRST COMMUNITY MORTGAGE INC
  • First Mortgage Transaction Date: May 28, 2014
  • First Mortgage Loan Amount: $136,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2044

About Lockeland Springs



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Frequently Asked Questions

What neighborhood is 1507 Shelby Avenue located in?
The 1507 Shelby Avenue is a located in the neighborhood of Lockeland Springs in Lockeland Springs, Nashville.
What is the average sales price for listings in 1507 Shelby Avenue?
The average sales price for units in 1507 Shelby Avenue is $0 currently.

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