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3321 Olsen Lane

3321 Olsen Lane, Nashville, TN 37218
Sold Nov 03, 2020
$180,000
Buyer
Seller
$135,000 by Cogent Bank
Mortgage Due Nov 03, 2050
Sold Feb 18, 2020
$129,500
$122,500 by Wildeat Lending Fund Two Lp
Mortgage
3321 Olsen Lane in Nashville, TN was first built in 1970 and is 54 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3321 Olsen Lane has 926 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 550 ft and the linear feet between the front and back of the lot is 1,270. In total, the area measurement of the land is 6,970 square feet.

Learn more about the property and building on this page. There is a patio. The roof of the home is made of tile. For those who need parking, there is a carport. 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. 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, 3321 Olsen Lane sold most recently in Oct 28, 2020 for a total of $180,000. If you work out the math, that's approximately a cost of $194.38 per sqft. Before that, the property was also sold for $129,500 in Feb 12, 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 $1,503 in taxes each year. The initial year of tax delinquency occurred in 2017. 3321 Olsen Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $46,200. If we break it down further, the land itself was valued at $7,450. Improvements to the property, however, were assessed at a total of $38,750. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

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

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 550
  • Total Building Area: 926
  • Gross Building Area: 1,126
  • Building Area: 926
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 926
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAN OF BORDEAUX HILLS SECTION 8
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 495 BORDEAUX HILLS SEC. 8

Ownership

  • Current Owner : WOOD JUDSON
  • Previous Owner : PATTON TONY L
  • Owner Before Previous Owner: WRIGHT JOYCE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 012802

Zoning

  • Zoning: RS7.5

Geography

  • Section: 8
  • Parcel: 080-03-0-052-00
  • Lot: 495
  • Municipality: 55-USD
  • Latitude: 36.1857
  • Longitude: -86.8443

    Address

  • Full Address: 3321 Olsen Ln
  • Address - House Number: 3321
  • Address - Street Name: Olsen
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Nashville
  • Carrier Code: C002
  • 4-Digit Zip Code: 3009
  • Zip Code: 37218

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,503
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.4958
  • Valuation Date: Apr 03, 2024
  • Final Value: 257,185
  • High Value: 384,697
  • Low Value: 129,672

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $135,000
  • First Open Lien Mortgage Lender: COGENT BANK
  • First Open Lien Mortgage Recording Date: Nov 03, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $135,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 03, 2050

    Market Valuation

  • Market Total Value: $184,800
  • Market Land Value: $29,800
  • Market Improvement Value: $155,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,200
  • Assessed Land Value: $7,450
  • Assessed Improvements Value: $38,750

    Sales

  • Current Sale Contract Date: Oct 28, 2020
  • Current Sale Recording Date: Nov 03, 2020
  • Current Sale Transaction ID: 11796264942
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201103-0128216
  • Previous Sale Recording Date: Feb 18, 2020
  • Previous Sale Contract Date: Feb 12, 2020
  • Previous Sale Amount: $129,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Nov 03, 2020
  • First Mortgage Loan Amount: $135,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: WILDEAT LENDING FUND TWO LP
  • Previous Mortgage Transaction Date: Feb 18, 2020
  • Previous Mortgage Loan Amount: $122,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Bordeaux Area



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Frequently Asked Questions

What neighborhood is 3321 Olsen Lane located in?
The 3321 Olsen Lane is a house located in the neighborhood of Bordeaux Area in Bordeaux Area, Nashville.
What is the average sales price for listings in 3321 Olsen Lane?
The average sales price for units in 3321 Olsen Lane is $0 currently.

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