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2002 Salem Mason Drive

2002 Salem Mason Drive, Nashville, TN 37208
Sold Jul 26, 2021
$326,000
$309,700 by Gardner Financial Services Ltd
Mortgage Due Aug 01, 2051
Sold Mar 04, 2021
$195,000
$225,000 by Wildcat Lending Fund Two Lp
Mortgage
2002 Salem Mason Drive 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 1950 and is 74 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2002 Salem Mason Drive has 1,056 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 1,320 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,534 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 patio. Moving on to the building itself. The condition of the building has been evaluated as average. 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 exterior walls of the building are made of brick. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2002 Salem Mason Drive was last sold in Jul 19, 2021 for $326,000. According to our calculations, that's $308.71 per sqft. Prior to that sales transaction, the property was sold for $195,000 in Feb 26, 2021. Current property owners are expected to pay $2,862 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2016. The property on 2002 Salem Mason Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $75,550. To break that down further, the land itself was valued at $18,000. While improvements to the property were assessed at a total of $57,550. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • 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: Tile
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,056
  • Gross Building Area: 1,372
  • Building Area: 1,056
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CUMBERLAND GARDENS
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 SEC 4 CUMBERLAND GARDENS

Ownership

  • Current Owner : COLLINS JORDAN
  • Current Owner 2: COLLINS BAILEY
  • Previous Owner : WEISS BARBARA C
  • Owner Before Previous Owner: JACKSON ANNETTE LORRAINE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 013701

Zoning

  • Zoning: RS5

Geography

  • Section: 4
  • Parcel: 081-06-0-216-00
  • Lot: 7
  • Municipality: 55-USD
  • Latitude: 36.1832
  • Longitude: -86.8201

    Address

  • Full Address: 2002 Salem Mason Dr
  • Address - House Number: 2002
  • Address - Street Name: Salem Mason
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Nashville
  • Carrier Code: C009
  • 4-Digit Zip Code: 1231
  • Zip Code: 37208

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,862
  • Intital Tax Deliquent Year: 2016
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2666
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 61
  • Final Value: 387,528
  • High Value: 490,862
  • Low Value: 284,193

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $309,700
  • First Open Lien Mortgage Lender: GARDNER FINANCIAL SERVICES LTD
  • First Open Lien Mortgage Recording Date: Jul 26, 2021
  • First Open Lien Mortgage Loan Amount: $309,700
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $302,200
  • Market Land Value: $72,000
  • Market Improvement Value: $230,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $75,550
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $57,550

    Sales

  • Current Sale Contract Date: Jul 19, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Transaction ID: 11843784615
  • Current Sale Price: $326,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210726-0100094
  • Previous Sale Recording Date: Mar 04, 2021
  • Previous Sale Contract Date: Feb 26, 2021
  • Previous Sale Amount: $195,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GARDNER FINANCIAL SERVICES LTD
  • First Mortgage Transaction Date: Jul 26, 2021
  • First Mortgage Loan Amount: $309,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WILDCAT LENDING FUND TWO LP
  • Previous Mortgage Transaction Date: Mar 04, 2021
  • Previous Mortgage Loan Amount: $225,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Cumberland Gardens



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Frequently Asked Questions

What neighborhood is 2002 Salem Mason Drive located in?
The 2002 Salem Mason Drive is a house located in the neighborhood of Cumberland Gardens in Cumberland Gardens, Nashville.
What is the average sales price for listings in 2002 Salem Mason Drive?
The average sales price for units in 2002 Salem Mason Drive is $0 currently.

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