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1601 16th Avenue North

1601 16th Avenue North, Nashville, TN 37208
Sold Feb 11, 2020
$285,000
$652,000 by Civic Financial Services Llc
Mortgage Due Feb 01, 2024
Local assessors in Nashville, TN have categorized 1601 16th Avenue North as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 6,098 square feet. The linear feet between the front and back of the lot was measured at 1,700 ft and the front of the lot was measured at 350 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 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. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1601 16th Avenue North has a total of 1,472 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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 roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Feb 10, 2020 for $285,000. That's $193.61 per sqft. 1601 16th Avenue North was last assessed in 2022. The total value of the property was assessed at $75,375. Specifically, the land the property is located on was valued at $37,500. While improvements on the property were assessed at a total of $37,875. 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 $2,855. The initial tax year of delinquency was in 2016. 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. 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

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

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • 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: 6,098
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,472
  • Gross Building Area: 1,717
  • Building Area: 1,472
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,472
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: D T MCGAVOCK & OTHERS ADD
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: P/O LOT 337 D. T. MCGAVOCK & OTHERS ADDN

Ownership

  • Current Owner : KMGB HOLDINGS INC
  • Previous Owner : JOHNSON WILLIAM
  • Previous Owner 2: JOHNSON DENISE R
  • 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: 081-11-0-592-00
  • Lot: 337
  • Municipality: 55-USD
  • Latitude: 36.1752
  • Longitude: -86.8058

    Address

  • Full Address: 1601 16th Ave N
  • Address - House Number: 1601
  • Street Segment Direction: N
  • Address - Street Name: 16th
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Nashville
  • Carrier Code: C011
  • 4-Digit Zip Code: 2042
  • Zip Code: 37208

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,855
  • Intital Tax Deliquent Year: 2016
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2336
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 67
  • Final Value: 514,075
  • High Value: 634,181
  • Low Value: 393,969

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $652,000
  • First Open Lien Mortgage Lender: CIVIC FINANCIAL SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jan 12, 2023
  • First Open Lien Mortgage Loan Amount: $652,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2024

    Market Valuation

  • Market Total Value: $301,500
  • Market Land Value: $150,000
  • Market Improvement Value: $151,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,375
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $37,875

    Sales

  • Current Sale Contract Date: Feb 10, 2020
  • Current Sale Recording Date: Feb 11, 2020
  • Current Sale Transaction ID: 11724011012
  • Current Sale Price: $285,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200211-0015671

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCIAL LENDER LLC
  • First Mortgage Transaction Date: Feb 11, 2020
  • First Mortgage Loan Amount: $466,170
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Mar 01, 2021

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Frequently Asked Questions

What neighborhood is 1601 16th Avenue North located in?
The 1601 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 1601 16th Avenue North?
The average sales price for units in 1601 16th Avenue North is $0 currently.

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