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3510 Rainbow Place

3510 Rainbow Place, Nashville, TN 37204
House in Davidson
Sold May 02, 2019
$1,495,000
$1,100,000 by Ubs Bank Usa
Mortgage Due Sep 01, 2050
Sold Jun 01, 2018
$375,000
Local assessors in Nashville, TN have categorized 3510 Rainbow Place as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 16,117 square feet. The linear feet between the front and back of the lot was measured at 1,490 ft and the front of the lot was measured at 1,100 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 5 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 5 full bathrooms. There are also 6 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 3510 Rainbow Place has a total of 4,623 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 776 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. 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. 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 tar and gravel. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in May 1, 2019 for $1,495,000. That's $323.38 per sqft. Prior to that sales transaction, the property was also sold in May 31, 2018 for $375,000. 3510 Rainbow Place was last assessed in 2022. The total value of the property was assessed at $386,975. Specifically, the land the property is located on was valued at $70,000. While improvements on the property were assessed at a total of $316,975. 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 $14,659. The initial tax year of delinquency was in 2016. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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

Condition

New Construction

Exterior

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

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 6
  • Full Bathrooms: 5
  • Partial Bathrooms: 6
  • Bathroom Plumbing Fixtures: 22
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Roof Cover Type: Tar and gravel
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 776
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 16,117
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 4,623
  • Gross Building Area: 7,080
  • Building Area: 4,623
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,623
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 SEC 1 AND 2 LONGVIEW MANOR

Ownership

  • Current Owner : GRIMM MARY C
  • Current Owner 2: GRIMM BARRY
  • Previous Owner : NASHVILLE CONSTRUCTION INC
  • Owner Before Previous Owner: HAYNES ALBERTA MARIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 017800

Zoning

  • Zoning: 8ZZ

Geography

  • Section: 1
  • Parcel: 118-14-0-083-00
  • Lot: 4
  • Municipality: 95-OH
  • Latitude: 36.1088
  • Longitude: -86.7784

    Address

  • Full Address: 3510 Rainbow Pl
  • Address - House Number: 3510
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Nashville
  • Carrier Code: C005
  • 4-Digit Zip Code: 3819
  • Zip Code: 37204

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,659
  • Intital Tax Deliquent Year: 2016
  • Tax Rate Code Area: OH

    Appraisal Valuation

  • Standard Deviation: 0.2333
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 67
  • Final Value: 1,934,102
  • High Value: 2,385,358
  • Low Value: 1,482,845

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,100,000
  • First Open Lien Mortgage Lender: UBS BANK USA
  • First Open Lien Mortgage Recording Date: Aug 25, 2020
  • First Open Lien Mortgage Loan Amount: $1,100,000
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $1,547,900
  • Market Land Value: $280,000
  • Market Improvement Value: $1,267,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $386,975
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $316,975

    Sales

  • Current Sale Contract Date: May 01, 2019
  • Current Sale Recording Date: May 02, 2019
  • Current Sale Transaction ID: 11603996802
  • Current Sale Price: $1,495,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190502-0041093
  • Previous Sale Recording Date: Jun 01, 2018
  • Previous Sale Contract Date: May 31, 2018
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAPSTAR BANK
  • First Mortgage Transaction Date: May 02, 2019
  • First Mortgage Loan Amount: $1,196,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

About Nashville-Davidson



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$2,810 /mo

  • 3 Beds
  • 2 Baths
  • 1,716 ft²
Listing by Manager
Unit for rent at

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,365 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 3510 Rainbow Place located in?
The 3510 Rainbow Place is a house located in the neighborhood of Davidson in Nashville-Davidson, Nashville.
What is the average sales price for listings in 3510 Rainbow Place?
The average sales price for units in 3510 Rainbow Place is $0 currently.

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