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316 James Avenue

316 James Avenue, Franklin, TN 37064
House in Williamson
Sold Oct 06, 2020
$432,500
$410,875 by F & M Bank
Mortgage Due Oct 01, 2050
316 James Avenue in Franklin, TN was first built in 1955 and is 69 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 3 partial bathrooms. 316 James Avenue has 1,774 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 1,100 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 13,200 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of asphalt. 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 carport. The garage is 264 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 brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 316 James Avenue was last sold in Sep 30, 2020 for $432,500. According to our calculations, that's $243.80 per sqft. Current property owners are expected to pay $2,878 in taxes per year. The property on 316 James Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $105,750. To break that down further, the land itself was valued at $56,250. While improvements to the property were assessed at a total of $49,500. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Carport
  • Garage Square Area: 264
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 1,774
  • Gross Building Area: 1,774
  • Building Area: 1,774
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,774
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JAMES SUB
  • Land Acres: 0.303
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: SUBD JAMES SUB PB 2 PG 10 BLOCK B LOT 0009

Ownership

  • Current Owner : WYLIE THOMAS REID
  • Current Owner 2: WYLIE JESSICA ERIN
  • Previous Owner : RAINEY BRENDA GAIL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin Special School District
  • Census Tract: 050802

Geography

  • Assessors Map Reference: 078N
  • District: 263
  • Parcel: 078N-C-014.00-000
  • Block: B
  • Lot: 0009
  • Municipality: FRANKLIN
  • Latitude: 35.9079
  • Longitude: -86.8693

    Address

  • Full Address: 316 James Ave
  • Address - House Number: 316
  • Address - Street Name: James
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Franklin
  • Carrier Code: C001
  • 4-Digit Zip Code: 3241
  • Zip Code: 37064

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,878

    Appraisal Valuation

  • Standard Deviation: 0.2239
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 69
  • Final Value: 662,760
  • High Value: 811,192
  • Low Value: 514,327

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $473,869
  • First Open Lien Mortgage Lender: F & M BANK
  • First Open Lien Mortgage Recording Date: Oct 06, 2020
  • First Open Lien Mortgage Loan Amount: $410,875
  • 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: Oct 01, 2050
  • Second Open Lien Mortgage Lender: FIGURE LENDING LLC
  • Second Open Lien Mortgage Recording Date: May 02, 2022
  • Second Open Lien Mortgage Loan Amount: $62,994
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 23, 2037

    Market Valuation

  • Market Total Value: $423,000
  • Market Land Value: $225,000
  • Market Improvement Value: $198,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,750
  • Assessed Land Value: $56,250
  • Assessed Improvements Value: $49,500

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 06, 2020
  • Current Sale Transaction ID: 11790602893
  • Current Sale Price: $432,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20055605

    Last Sale Mortgage

  • First Mortgage Lender: F & M BANK
  • First Mortgage Transaction Date: Oct 06, 2020
  • First Mortgage Loan Amount: $410,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 316 James Avenue located in?
The 316 James Avenue is a house located in the neighborhood of Williamson in Franklin, Franklin.
What is the average sales price for listings in 316 James Avenue?
The average sales price for units in 316 James Avenue is $439,900 , or $251/sqft. currently.

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