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1816 Neal Terrace

1816 Neal Terrace, Nashville, TN 37203
Property in South Nashville
Sold Oct 10, 2012
$107,000
$79,350 by Franklin American Mortgage Co
Mortgage Due Nov 01, 2027
Local assessors in Nashville, TN have categorized 1816 Neal Terrace as a residential type of property. The home was built in 1940 and is 84 years old. The property's lot size has been calculated to be 7,405 square feet. The linear feet between the front and back of the lot was measured at 1,500 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 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 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 1816 Neal Terrace has a total of 1,437 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 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 4, 2012 for $107,000. That's $74.46 per sqft. 1816 Neal Terrace was last assessed in 2023. The total value of the property was assessed at $91,625. Specifically, the land the property is located on was valued at $37,500. While improvements on the property were assessed at a total of $54,125. 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 $2,981. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,041
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,437
  • Gross Building Area: 2,646
  • Building Area: 1,437
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,437
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOPHIA M NEAL PROPERTY
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 BLK B S M NEAL

Ownership

  • Current Owner : ADAMSON ROGER L
  • Previous Owner : BASS JAMES
  • Previous Owner 2: BASS LISA
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 016100

Zoning

  • Zoning: MULTI-ZONE

Geography

  • Parcel: 105-11-0-172-00
  • Block: B
  • Lot: 2
  • Municipality: 55-USD
  • Latitude: 36.1335
  • Longitude: -86.7678

    Address

  • Full Address: 1816 Neal Ter
  • Address - House Number: 1816
  • Address - Street Name: Neal
  • Address - Suffix Type: Ter
  • State: TN
  • City Name: Nashville
  • Carrier Code: C016
  • 4-Digit Zip Code: 5535
  • Zip Code: 37203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,981
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 627,801
  • High Value: 775,261
  • Low Value: 480,342

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $79,350
  • First Open Lien Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Oct 10, 2012
  • First Open Lien Mortgage Loan Amount: $79,350
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2027

    Market Valuation

  • Market Total Value: $366,500
  • Market Land Value: $150,000
  • Market Improvement Value: $216,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,625
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $54,125

    Sales

  • Current Sale Contract Date: Oct 04, 2012
  • Current Sale Recording Date: Oct 10, 2012
  • Current Sale Transaction ID: 1153853136
  • Current Sale Price: $107,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201210100092629

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • First Mortgage Transaction Date: Oct 10, 2012
  • First Mortgage Loan Amount: $79,350
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2027

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Frequently Asked Questions

What neighborhood is 1816 Neal Terrace located in?
The 1816 Neal Terrace is a located in the neighborhood of South Nashville in South Nashville, Nashville.
What is the average sales price for listings in 1816 Neal Terrace?
The average sales price for units in 1816 Neal Terrace is $0 currently.

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