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320 Archwood Drive

320 Archwood Drive, Madison, TN 37115
Sold Aug 03, 2021
$258,000
$258,000 by Simmons Bank
Mortgage Due Aug 01, 2051
Sold Apr 15, 2013
$41,500
Local assessors in Madison, TN have categorized 320 Archwood Drive as a residential type of property. The home was built in 1953 and is 71 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 49,658 square feet. The linear feet between the front and back of the lot was measured at 4,020 ft and the front of the lot was measured at 920 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 is one full bathroom. There is also a partial bathroom. 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 320 Archwood Drive has a total of 1,326 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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. 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 30, 2021 for $258,000. That's $194.57 per sqft. Prior to that sales transaction, the property was also sold in Apr 8, 2013 for $41,500. 320 Archwood Drive was last assessed in 2023. The total value of the property was assessed at $50,875. Specifically, the land the property is located on was valued at $15,000. While improvements on the property were assessed at a total of $35,875. 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 $1,655. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1980
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 49,658
  • Lot Size Depth Feet: 4,020
  • Lot Size Frontage Feet: 920
  • Total Building Area: 1,326
  • Gross Building Area: 1,554
  • Building Area: 1,326
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,326
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAN OF ARCHWOOD ACRES
  • Land Acres: 1.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 53 SEC 1 ARCHWOOD ACRES

Ownership

  • Current Owner : WOODS TYRON D
  • Previous Owner : LEGACY HOLDINGS LLC
  • Owner Before Previous Owner: SPICER DARYL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 010403

Zoning

  • Zoning: RS7.5

Geography

  • Section: 1
  • Parcel: 043-07-0-084-00
  • Lot: 53
  • Municipality: 55-USD
  • Latitude: 36.2701
  • Longitude: -86.686

    Address

  • Full Address: 320 Archwood Dr
  • Address - House Number: 320
  • Address - Street Name: Archwood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Madison
  • Carrier Code: C021
  • 4-Digit Zip Code: 3006
  • Zip Code: 37115

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,655
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2505
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 64
  • Final Value: 327,257
  • High Value: 409,256
  • Low Value: 245,259

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $258,000
  • First Open Lien Mortgage Lender: SIMMONS BANK
  • First Open Lien Mortgage Recording Date: Aug 03, 2021
  • First Open Lien Mortgage Loan Amount: $258,000
  • 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: $203,500
  • Market Land Value: $60,000
  • Market Improvement Value: $143,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,875
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $35,875

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Transaction ID: 11845875101
  • Current Sale Price: $258,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210803-0104223
  • Previous Sale Recording Date: Apr 15, 2013
  • Previous Sale Contract Date: Apr 08, 2013
  • Previous Sale Amount: $41,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIMMONS BANK
  • First Mortgage Transaction Date: Aug 03, 2021
  • First Mortgage Loan Amount: $258,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Archwood Acres Rio



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Frequently Asked Questions

What neighborhood is 320 Archwood Drive located in?
The 320 Archwood Drive is a house located in the neighborhood of Archwood Acres Rio in Archwood Acres Rio, Madison.
What is the average sales price for listings in 320 Archwood Drive?
The average sales price for units in 320 Archwood Drive is $0 currently.

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