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1523 16th Avenue North

1523 16th Avenue North, Nashville, TN 37208
Sold Mar 28, 2019
$193,500
$417,000 by Wilson Bank & Trust
Mortgage Due Jun 03, 2041
Sold Sep 18, 2017
$140,000
1523 16th Avenue North 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 1935 and is 89 years old. However, we must point out that the home was most recently renovated and altered in 1990. The home has a total of 11 rooms. 8 of these rooms are legally considered as bedrooms. Residents will have access to 8 full bathrooms. There are 9 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1523 16th Avenue North has 4,016 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 1,700 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 8,712 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. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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 tile. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Mar 26, 2019 for $193,500. That's $48.18 per sqft. Prior to that sales transaction, the property was also sold in Sep 15, 2017 for $140,000. 1523 16th Avenue North was last assessed in 2023. The total value of the property was assessed at $71,650. Specifically, the land the property is located on was valued at $37,500. While improvements on the property were assessed at a total of $34,150. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $2,331. The initial tax year of delinquency was in 2017. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1990
  • Total Rooms: 11
  • Bedroom Count: 8
  • Bathroom Count: 9
  • Full Bathrooms: 8
  • Partial Bathrooms: 9
  • Bathroom Plumbing Fixtures: 30
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,016
  • Gross Building Area: 4,433
  • Building Area: 4,016
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,016
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LOT 335 D T MCGAVOCK AND OTHERS ADDITION

Ownership

  • Current Owner : THOMPSON EQUITY PARTNERS LLC
  • Previous Owner : HAZELWOOD VICTOR
  • Owner Before Previous Owner: GARRETT LEONARDO
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 013900

Zoning

  • Zoning: RS5

Geography

  • Parcel: 081-15-0-245-00
  • Lot: 335
  • Municipality: 55-USD
  • Latitude: 36.1746
  • Longitude: -86.8054

    Address

  • Full Address: 1523 16th Ave N
  • Address - House Number: 1523
  • Street Segment Direction: N
  • Address - Street Name: 16th
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Nashville
  • Carrier Code: C011
  • 4-Digit Zip Code: 2040
  • Zip Code: 37208

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,331
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2531
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 435,995
  • High Value: 546,355
  • Low Value: 325,635

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: WILSON BANK & TRUST
  • First Open Lien Mortgage Recording Date: Jun 23, 2020
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 251
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jun 03, 2041

    Market Valuation

  • Market Total Value: $286,600
  • Market Land Value: $150,000
  • Market Improvement Value: $136,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,650
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $34,150

    Sales

  • Current Sale Contract Date: Mar 26, 2019
  • Current Sale Recording Date: Mar 28, 2019
  • Current Sale Transaction ID: 11592510973
  • Current Sale Price: $193,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190328-0028033
  • Previous Sale Recording Date: Sep 18, 2017
  • Previous Sale Contract Date: Sep 15, 2017
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CORNERSTONE FINANCIAL CU
  • First Mortgage Transaction Date: Mar 28, 2019
  • First Mortgage Loan Amount: $154,400
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Apr 01, 2029

About Elizabeth Park



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Frequently Asked Questions

What neighborhood is 1523 16th Avenue North located in?
The 1523 16th Avenue North is a house located in the neighborhood of Elizabeth Park in Elizabeth Park, Nashville.
What is the average sales price for listings in 1523 16th Avenue North?
The average sales price for units in 1523 16th Avenue North is $0 currently.

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