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309 3rd Avenue

309 3rd Avenue, Fayetteville, TN 37334
House in Lincoln
Sold Jul 29, 2021
$140,000
Sold Aug 05, 2020
$122,000
$119,790 by First Federal Bank Fsb
Mortgage Due Aug 01, 2050
309 3rd Avenue in Fayetteville, TN was first built in 1947 and is 77 years old. Although, the building on the property was most recently renovated and altered in 1991. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 309 3rd Avenue has 1,114 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 11,250 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a detached garage. The garage is 216 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of unknown. While the interior walls are made of paneling. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heating system. 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, 309 3rd Avenue sold most recently in Jul 28, 2021 for a total of $140,000. If you work out the math, that's approximately a cost of $125.67 per sqft. Before that, the property was also sold for $122,000 in Jul 27, 2020. 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 $728 in taxes each year. 309 3rd Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $20,225. If we break it down further, the land itself was valued at $4,675. Improvements to the property, however, were assessed at a total of $15,550. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1991
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Paneling
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,114
  • Building Area: 1,114
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,114
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WEST END ADDITION
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 08, COUNTY AREA: F08

Ownership

  • Current Owner : CLAUSEN DOUGLAS ROBERT
  • Current Owner 2: CLAUSEN HEATHER COLLEEN
  • Previous Owner : STRUDER WILL G
  • Owner Before Previous Owner: FRAZIER GLINDA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Fayetteville City School District
  • School Tax School District: 52257
  • Census Tract: 975300

Geography

  • Assessors Map Reference: 079C
  • District: 08
  • Parcel: 052079C J 02600
  • Lot: 40
  • Municipality: FAYETTEVILLE
  • Latitude: 35.1566
  • Longitude: -86.5825

    Address

  • Full Address: 309 3rd Ave
  • Address - House Number: 309
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Fayetteville
  • Carrier Code: C002
  • 4-Digit Zip Code: 2101
  • Zip Code: 37334

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $728
  • Tax Rate Code Area: 52A02

    Appraisal Valuation

  • Standard Deviation: 0.145
  • Valuation Date: Feb 08, 2023
  • Confidence Score: 70
  • Final Value: 104,831
  • High Value: 120,034
  • Low Value: 89,627

    Market Valuation

  • Market Total Value: $80,900
  • Market Land Value: $18,700
  • Market Improvement Value: $62,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $20,225
  • Assessed Land Value: $4,675
  • Assessed Improvements Value: $15,550

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Jul 29, 2021
  • Current Sale Transaction ID: 11846259613
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21004477
  • Previous Sale Recording Date: Aug 05, 2020
  • Previous Sale Contract Date: Jul 27, 2020
  • Previous Sale Amount: $122,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FEDERAL BANK FSB
  • Previous Mortgage Transaction Date: Aug 05, 2020
  • Previous Mortgage Loan Amount: $119,790
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2050

About Fayetteville



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 309 3rd Avenue located in?
The 309 3rd Avenue is a house located in the neighborhood of Lincoln in Fayetteville, Fayetteville.
What is the average sales price for listings in 309 3rd Avenue?
The average sales price for units in 309 3rd Avenue is $0 currently.

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