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1622 16th Avenue North

1622 16th Avenue North, Nashville, TN 37208
Sold Oct 22, 2021
$399,900
$387,900 by Legends Bank
Mortgage Due Nov 01, 2051
Sold May 13, 2019
$235,000
$227,950 by F & M Bank
Mortgage Due Jun 01, 2049
Local assessors in Nashville, TN have categorized 1622 16th Avenue North as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 8,276 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 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 1622 16th Avenue North has a total of 1,422 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. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. 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 materials that we aren't sure of. 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, 1622 16th Avenue North sold most recently in Oct 7, 2021 for a total of $399,900. If you work out the math, that's approximately a cost of $281.22 per sqft. Before that, the property was also sold for $235,000 in May 10, 2019. 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 $2,091 in taxes each year. The initial year of tax delinquency occurred in 2017. 1622 16th Avenue North was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $55,200. If we break it down further, the land itself was valued at $37,500. Improvements to the property, however, were assessed at a total of $17,700. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Roof Cover Type: Other
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,422
  • Gross Building Area: 1,743
  • Building Area: 1,422
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,422
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: D T MCGAVOCK & OTHERS ADDITION
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LOT 301 D T MCGAVOCK & OTHERS ADDN

Ownership

  • Current Owner : LICHT WYATT STEEL
  • Current Owner 2: LICHT MAXMILLIAN
  • Previous Owner : GRIFFITHS CHRISTIAN
  • Previous Owner 2: GRIFFITHS MELISSA
  • Owner Before Previous Owner: JRG PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

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

Zoning

  • Zoning: RS5

Geography

  • Parcel: 081-11-0-360-00
  • Lot: 301
  • Municipality: 55-USD
  • Latitude: 36.1767
  • Longitude: -86.8064

    Address

  • Full Address: 1622 16th Ave N
  • Address - House Number: 1622
  • Street Segment Direction: N
  • Address - Street Name: 16th
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Nashville
  • Carrier Code: C011
  • 4-Digit Zip Code: 2043
  • Zip Code: 37208

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,091
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2534
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 64
  • Final Value: 459,385
  • High Value: 575,798
  • Low Value: 342,971

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $387,900
  • First Open Lien Mortgage Lender: LEGENDS BANK
  • First Open Lien Mortgage Recording Date: Oct 22, 2021
  • First Open Lien Mortgage Loan Amount: $387,900
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $220,800
  • Market Land Value: $150,000
  • Market Improvement Value: $70,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,200
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $17,700

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 22, 2021
  • Current Sale Transaction ID: 11860413628
  • Current Sale Price: $399,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211022-0142357
  • Previous Sale Recording Date: May 13, 2019
  • Previous Sale Contract Date: May 10, 2019
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEGENDS BANK
  • First Mortgage Transaction Date: Oct 22, 2021
  • First Mortgage Loan Amount: $387,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: F & M BANK
  • Previous Mortgage Transaction Date: May 13, 2019
  • Previous Mortgage Loan Amount: $227,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2049

About Elizabeth Park



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1622 16th Avenue North located in?
The 1622 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 1622 16th Avenue North?
The average sales price for units in 1622 16th Avenue North is $0 currently.

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