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1616 Marsden Avenue

1616 Marsden Avenue, Nashville, TN 37216
Property in Inglewood
Sold May 12, 2023
$535,000
$508,250 by Cadence Bank, N.a.
Mortgage Due Jun 01, 2053
Sold Jan 03, 2020
$355,200
$348,766 by First Nb Of Middle Tennessee
Mortgage Due Feb 01, 2050
1616 Marsden Avenue in Nashville, TN was first built in 2019 and is 5 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1616 Marsden Avenue has 1,521 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 844 square feet.

Learn more about the property and building on this page. There is a porch. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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, 1616 Marsden Avenue sold most recently in May 11, 2023 for a total of $535,000. If you work out the math, that's approximately a cost of $351.74 per sqft. Before that, the property was also sold for $355,200 in Jan 2, 2020. 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 $2,999 in taxes each year. 1616 Marsden Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $92,150. If we break it down further, the land itself was valued at $35,000. Improvements to the property, however, were assessed at a total of $57,150. 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. 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.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.

Building Features

Condition

New Construction

Exterior

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

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 892
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 844
  • Total Building Area: 1,521
  • Gross Building Area: 1,551
  • Building Area: 1,521
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,521
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WATERS PLACE ON MAXEY LANE
  • Land Acres: 0.019
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: UNIT D TOWNHOMES AT 1616 MARSDEN AVENUE

Ownership

  • Current Owner : JAISHANKAR SHRUTI
  • Previous Owner : SETTLES CLAY
  • Owner Before Previous Owner: URBAN DWELL HOMES GP
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Nashville-Davidson County School District
  • Census Tract: 011400

Zoning

  • Zoning: R6

Geography

  • Parcel: 072-11-2E-004-00
  • Municipality: 55-USD
  • Latitude: 36.2011
  • Longitude: -86.7236

    Address

  • Full Address: 1616 Marsden Ave
  • Legal Unit: D
  • Address - House Number: 1616
  • Address - Street Name: Marsden
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Nashville
  • Carrier Code: C011
  • 4-Digit Zip Code: 3944
  • Zip Code: 37216

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,999
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2442
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 553,663
  • High Value: 688,888
  • Low Value: 418,438

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $508,250
  • First Open Lien Mortgage Lender: CADENCE BANK, N.A.
  • First Open Lien Mortgage Recording Date: May 12, 2023
  • First Open Lien Mortgage Loan Amount: $508,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $368,600
  • Market Land Value: $140,000
  • Market Improvement Value: $228,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,150
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $57,150

    Sales

  • Current Sale Contract Date: May 11, 2023
  • Current Sale Recording Date: May 12, 2023
  • Current Sale Transaction ID: 11906601600
  • Current Sale Price: $535,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 35474
  • Previous Sale Recording Date: Jan 03, 2020
  • Previous Sale Contract Date: Jan 02, 2020
  • Previous Sale Amount: $355,200
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CADENCE BANK, N.A.
  • First Mortgage Transaction Date: May 12, 2023
  • First Mortgage Loan Amount: $508,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NB OF MIDDLE TENNESSEE
  • Previous Mortgage Transaction Date: Jan 03, 2020
  • Previous Mortgage Loan Amount: $348,766
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2050

About Inglewood



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1616 Marsden Avenue located in?
The 1616 Marsden Avenue is a other located in the neighborhood of Inglewood in Inglewood, Nashville.
What is the average sales price for listings in 1616 Marsden Avenue?
The average sales price for units in 1616 Marsden Avenue is $0 currently.

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