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2331 Fernwood Drive

2331 Fernwood Drive, Nashville, TN 37216
House in Inglewood
Sold Jun 25, 2021
$450,000
$408,500 by American Pacific Mortgage Corp
Mortgage Due Jul 01, 2051
Sold Mar 10, 2021
$325,000
$338,400 by Wildeat Lending Fund Two Lp
Mortgage
Local assessors in Nashville, TN have categorized 2331 Fernwood Drive as a residential type of property. The home was built in 1953 and is 71 years old. The property's lot size has been calculated to be 11,761 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 700 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 2331 Fernwood Drive has a total of 1,750 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 875 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. 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. The property was last sold in Jun 21, 2021 for $450,000. That's $257.14 per sqft. Prior to that sales transaction, the property was also sold in Mar 5, 2021 for $325,000. 2331 Fernwood Drive was last assessed in 2023. The total value of the property was assessed at $98,500. Specifically, the land the property is located on was valued at $32,500. While improvements on the property were assessed at a total of $66,000. 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 $3,205. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

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

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Total Rooms: 6
  • 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 Type: Finished improved basement
  • Basement Area: 875
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,750
  • Gross Building Area: 1,958
  • Building Area: 1,750
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,750
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DALEWOOD
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 230 SEC 3 DALEWOOD

Ownership

  • Current Owner : SPEERS CARTER
  • Current Owner 2: DURHAM EVERETT LEIGHTON
  • Previous Owner : MALDONADO JEREMIAH S
  • Owner Before Previous Owner: MUSIC CITY HOLDINGS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 011500

Zoning

  • Zoning: RS10

Geography

  • Section: 3
  • Parcel: 072-08-0-176-00
  • Lot: 230
  • Municipality: 55-USD
  • Latitude: 36.2074
  • Longitude: -86.7133

    Address

  • Full Address: 2331 Fernwood Dr
  • Address - House Number: 2331
  • Address - Street Name: Fernwood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Nashville
  • Carrier Code: C004
  • 4-Digit Zip Code: 3531
  • Zip Code: 37216

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,205
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2332
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 562,969
  • High Value: 694,257
  • Low Value: 431,682

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $408,500
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 25, 2021
  • First Open Lien Mortgage Loan Amount: $408,500
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $394,000
  • Market Land Value: $130,000
  • Market Improvement Value: $264,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,500
  • Assessed Land Value: $32,500
  • Assessed Improvements Value: $66,000

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jun 25, 2021
  • Current Sale Transaction ID: 11840921038
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210625-0086314
  • Previous Sale Recording Date: Mar 10, 2021
  • Previous Sale Contract Date: Mar 05, 2021
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 25, 2021
  • First Mortgage Loan Amount: $408,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WILDEAT LENDING FUND TWO LP
  • Previous Mortgage Transaction Date: Mar 10, 2021
  • Previous Mortgage Loan Amount: $338,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Inglewood



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Frequently Asked Questions

What neighborhood is 2331 Fernwood Drive located in?
The 2331 Fernwood Drive is a house located in the neighborhood of Inglewood in Inglewood, Nashville.
What is the average sales price for listings in 2331 Fernwood Drive?
The average sales price for units in 2331 Fernwood Drive is $0 currently.

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