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304 East Park Avenue

304 East Park Avenue, Gallatin, TN 37066
Property in Sumner
Sold Aug 13, 2021
$242,500
$238,107 by Loandepot.com Llc
Mortgage Due Sep 01, 2051
Sold Mar 01, 2021
$83,500
$134,500 by Alta Financial Llc
Mortgage
304 East Park Avenue has been categorized by the local assessors in Gallatin, TN as a residential type of property. The building on the property was first built in 1949 and is 75 years old. However, we must point out that the home was most recently renovated and altered in 2000. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 304 East Park Avenue has 952 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a building with no basement that is 952 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,500 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. 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 building has a gable or hip style roof made of metal. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 304 East Park Avenue sold most recently in Aug 11, 2021 for a total of $242,500. If you work out the math, that's approximately a cost of $254.73 per sqft. Before that, the property was also sold for $83,500 in Feb 26, 2021. 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 $1,148 in taxes each year. The initial year of tax delinquency occurred in 2018. 304 East Park Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,600. If we break it down further, the land itself was valued at $10,000. Improvements to the property, however, were assessed at a total of $27,600. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

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

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 952
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 952
  • Gross Building Area: 1,072
  • Building Area: 952
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 952
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUNSET VIEW
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT: 111 PAGE: 169 BLOCK: A LOT: 33 SUBD: SUNSET VIEW

Ownership

  • Current Owner : JOHNSON ANDREW L
  • Current Owner 2: WILLIAMS ALISON K
  • Previous Owner : NASHWOOD REAL ESTATE INC
  • Owner Before Previous Owner: KEMP HAROLD M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sumner County School District
  • School Tax School District: 83278
  • Census Tract: 020904

Geography

  • Assessors Map Reference: 126E
  • District: 03
  • Parcel: 083126F J 02800
  • Block: A
  • Lot: 33
  • Municipality: GALLATIN
  • Latitude: 36.3815
  • Longitude: -86.438

    Address

  • Full Address: 304 E Park Ave
  • Address - House Number: 304
  • Street Direction: E
  • Address - Street Name: Park
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Gallatin
  • Carrier Code: C011
  • 4-Digit Zip Code: 3341
  • Zip Code: 37066

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,148
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 83A01

    Appraisal Valuation

  • Standard Deviation: 0.211
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 71
  • Final Value: 272,893
  • High Value: 330,496
  • Low Value: 215,290

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $238,107
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Aug 13, 2021
  • First Open Lien Mortgage Loan Amount: $238,107
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $150,400
  • Market Land Value: $40,000
  • Market Improvement Value: $110,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,600
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $27,600

    Sales

  • Current Sale Contract Date: Aug 11, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Transaction ID: 11850759580
  • Current Sale Price: $242,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1377622
  • Previous Sale Recording Date: Mar 01, 2021
  • Previous Sale Contract Date: Feb 26, 2021
  • Previous Sale Amount: $83,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Aug 13, 2021
  • First Mortgage Loan Amount: $238,107
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ALTA FINANCIAL LLC
  • Previous Mortgage Transaction Date: Mar 01, 2021
  • Previous Mortgage Loan Amount: $134,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Gallatin



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Frequently Asked Questions

What neighborhood is 304 East Park Avenue located in?
The 304 East Park Avenue is a located in the neighborhood of Sumner in Gallatin, Gallatin.
What is the average sales price for listings in 304 East Park Avenue?
The average sales price for units in 304 East Park Avenue is $0 currently.

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