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320 Louise Avenue

320 Louise Avenue, Gallatin, TN 37066
House in Sumner
Sold Sep 03, 2020
$230,000
$750,009 by Reliant Bank
Mortgage Due Sep 01, 2035
Sold Jan 13, 2020
$160,000
Local assessors in Gallatin, TN have categorized 320 Louise Avenue as a residential type of property. The home was built in 1957 and is 67 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 11,250 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 750 ft. 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 Louise Avenue has a total of 1,218 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 full basement that is 1,218 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a open 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. 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 gable or hip style roof that was made of composition shingle. Lots of brick were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Aug 27, 2020 for $230,000. That's $188.83 per sqft. Prior to that sales transaction, the property was also sold in Jan 10, 2020 for $160,000. 320 Louise Avenue was last assessed in 2023. The total value of the property was assessed at $44,700. Specifically, the land the property is located on was valued at $8,750. While improvements on the property were assessed at a total of $35,950. 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 $1,365. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1990
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 1,218
  • Parking Space Count: 0
  • 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: 1,218
  • Gross Building Area: 2,460
  • Building Area: 1,218
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,218
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: URBANDALE NO 3
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT: 1 PAGE: 179 BLOCK: Q LOT: 19-21 SUBD: URBANDALE NO 3

Ownership

  • Current Owner : SMITH SUSAN
  • Previous Owner : CVG PROPERTIES LLC
  • Owner Before Previous Owner: MARK SMITH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sumner County School District
  • School Tax School District: 83278
  • Census Tract: 020905

Geography

  • Assessors Map Reference: 126K
  • District: 03
  • Parcel: 083126K A 01900
  • Block: Q
  • Lot: 19-21
  • Municipality: GALLATIN
  • Latitude: 36.3788
  • Longitude: -86.4513

    Address

  • Full Address: 320 Louise Ave
  • Address - House Number: 320
  • Address - Street Name: Louise
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Gallatin
  • Carrier Code: C005
  • 4-Digit Zip Code: 3612
  • Zip Code: 37066

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,365
  • Tax Rate Code Area: 83A01

    Appraisal Valuation

  • Standard Deviation: 0.1896
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 310,485
  • High Value: 369,360
  • Low Value: 251,610

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $767,723
  • First Open Lien Mortgage Lender: RELIANT BANK
  • First Open Lien Mortgage Recording Date: Sep 03, 2020
  • First Open Lien Mortgage Loan Amount: $750,009
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Second
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Nov 17, 2023
  • Second Open Lien Mortgage Loan Amount: $17,714
  • Second Open Lien Mortgage Term: 321
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $178,800
  • Market Land Value: $35,000
  • Market Improvement Value: $143,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $44,700
  • Assessed Land Value: $8,750
  • Assessed Improvements Value: $35,950

    Sales

  • Current Sale Contract Date: Aug 27, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Transaction ID: 11788211154
  • Current Sale Price: $230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1327120
  • Previous Sale Recording Date: Jan 13, 2020
  • Previous Sale Contract Date: Jan 10, 2020
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RELIANT BANK
  • First Mortgage Transaction Date: Sep 03, 2020
  • First Mortgage Loan Amount: $225,834
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Sep 01, 2050

About Gallatin



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Frequently Asked Questions

What neighborhood is 320 Louise Avenue located in?
The 320 Louise Avenue is a house located in the neighborhood of Sumner in Gallatin, Gallatin.
What is the average sales price for listings in 320 Louise Avenue?
The average sales price for units in 320 Louise Avenue is $0 currently.

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