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3505 Rainwood Drive

3505 Rainwood Drive, Nashville, TN 37207
House in Chesapeake
Sold Jul 20, 2020
$203,000
$199,323 by Paramount Residential Mortgage
Mortgage Due Aug 01, 2050
Sold Aug 16, 2019
$160,000
Local assessors in Nashville, TN have categorized 3505 Rainwood Drive as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 6,098 square feet. The linear feet between the front and back of the lot was measured at 1,260 ft and the front of the lot was measured at 500 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 are 2 full bathrooms. There are also 3 partial bathrooms. 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 3505 Rainwood Drive has a total of 1,056 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 both a open porch and a patio so you'll have great options in both the front and back 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. Residents rely on central air conditioning for their cooling 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, 3505 Rainwood Drive sold most recently in Jul 17, 2020 for a total of $203,000. If you work out the math, that's approximately a cost of $192.23 per sqft. Before that, the property was also sold for $160,000 in Aug 16, 2019. 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 $1,582 in taxes each year. 3505 Rainwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $48,625. If we break it down further, the land itself was valued at $12,500. Improvements to the property, however, were assessed at a total of $36,125. 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

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,056
  • Gross Building Area: 1,176
  • Building Area: 1,056
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,056
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHESAPEAKE HOMES
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 65 CHESAPEAKE HOMES PH 1 SEC 6

Ownership

  • Current Owner : HARRISON WHITNEY
  • Previous Owner : ANG HOMES INC
  • Owner Before Previous Owner: WOODRUFF LENORA
  • Owner Before Previous Owner 2: WOODRUFF MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Nashville-Davidson County School District
  • Census Tract: 010903

Zoning

  • Zoning: R8

Geography

  • Section: 6
  • Subdivision Phase Number: 1
  • Parcel: 050-10-0C-335-00
  • Lot: 65
  • Municipality: 74-GSD
  • Latitude: 36.2432
  • Longitude: -86.7767

    Address

  • Full Address: 3505 Rainwood Dr
  • Address - House Number: 3505
  • Address - Street Name: Rainwood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Nashville
  • Carrier Code: C020
  • 4-Digit Zip Code: 2212
  • Zip Code: 37207

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,582
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.255
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 63
  • Final Value: 302,550
  • High Value: 379,702
  • Low Value: 225,398

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $252,850
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 20, 2020
  • First Open Lien Mortgage Loan Amount: $199,323
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050
  • Second Open Lien Mortgage Lender: TENNESSEE HOUSING DEVELOPMENT
  • Second Open Lien Mortgage Recording Date: Jul 20, 2020
  • Second Open Lien Mortgage Loan Amount: $10,150
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Jul 20, 2050
  • Third Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Third Open Lien Mortgage Recording Date: Jul 03, 2023
  • Third Open Lien Mortgage Loan Amount: $43,377
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Market Valuation

  • Market Total Value: $194,500
  • Market Land Value: $50,000
  • Market Improvement Value: $144,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,625
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $36,125

    Sales

  • Current Sale Contract Date: Jul 17, 2020
  • Current Sale Recording Date: Jul 20, 2020
  • Current Sale Transaction ID: 11773042533
  • Current Sale Price: $203,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200720-0079586
  • Previous Sale Recording Date: Aug 16, 2019
  • Previous Sale Contract Date: Aug 16, 2019
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TENNESSEE HOUSING DEVELOPMENT
  • First Mortgage Transaction Date: Jul 20, 2020
  • First Mortgage Loan Amount: $10,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone Second

About Chesapeake



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Frequently Asked Questions

What neighborhood is 3505 Rainwood Drive located in?
The 3505 Rainwood Drive is a house located in the neighborhood of Chesapeake in Chesapeake, Nashville.
What is the average sales price for listings in 3505 Rainwood Drive?
The average sales price for units in 3505 Rainwood Drive is $0 currently.

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