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3516 Rainwood Drive

3516 Rainwood Drive, Nashville, TN 37207
House in Chesapeake
Sold Jul 17, 2019
$175,000
Buyer
Seller
Sold Nov 19, 2013
$82,000
$80,077 by Bank Of Tennessee
Mortgage Due Nov 01, 2043
3516 Rainwood Drive has been categorized by the local assessors in Nashville, TN as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3516 Rainwood Drive has 1,232 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,070 ft and across the front of the lot is 420 ft. The area measurement of the land has been determined as 4,494 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of materials that we aren't sure of. The inside of the home is being cooled with central air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery 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, 3516 Rainwood Drive sold most recently in Jul 16, 2019 for a total of $175,000. If you work out the math, that's approximately a cost of $142.05 per sqft. Before that, the property was also sold for $82,000 in Oct 15, 2013. 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 $955 in taxes each year. 3516 Rainwood Drive was most recently assessed in 2018. During this assessment, the property's total value was estimated to be about $34,675. If we break it down further, the land itself was valued at $7,250. Improvements to the property, however, were assessed at a total of $27,425. 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. 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. 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: 2003
  • Effective Year Built: 2003
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Other
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 4,494
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 420
  • Total Building Area: 1,232
  • Gross Building Area: 1,520
  • Building Area: 1,232
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAN OF CHESAPEAKE HOMES
  • Land Acres: 0.103
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 CHESAPEAKE HOMES PH 1 SEC 6

Ownership

  • Current Owner : YAO GINA JIE
  • Previous Owner : JOHNS ALONZO
  • Owner Before Previous Owner: FANNIE MAE
  • Owner Before Previous Owner 2: FEDERAL NATIONAL MORTGAGE ASSOCIATION

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 010903

Zoning

  • Zoning: R8

Geography

  • Section: 6
  • Parcel: 050-10-0-C26-70-0CO
  • Lot: 2
  • Municipality: 74-GSD
  • Latitude: 36.2437
  • Longitude: -86.7775

    Address

  • Full Address: 3516 Rainwood Dr
  • Address - House Number: 3516
  • Address - Street Name: Rainwood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Nashville
  • Carrier Code: C020
  • 4-Digit Zip Code: 2213
  • Zip Code: 37207

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $955
  • Tax Rate Code Area: GSD

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Oct 30, 2019
  • Confidence Score: 82
  • Final Value: 182,005
  • High Value: 218,461
  • Low Value: 145,550

    Market Valuation

  • Market Total Value: $138,700
  • Market Land Value: $29,000
  • Market Improvement Value: $109,700

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $34,675
  • Assessed Land Value: $7,250
  • Assessed Improvements Value: $27,425

    Sales

  • Current Sale Contract Date: Jul 16, 2019
  • Current Sale Recording Date: Jul 17, 2019
  • Current Sale Transaction ID: 11626881864
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190717-0069989
  • Previous Sale Recording Date: Nov 19, 2013
  • Previous Sale Contract Date: Oct 15, 2013
  • Previous Sale Amount: $82,000
  • Previous Sale Document Type: Special Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF TENNESSEE
  • Previous Mortgage Transaction Date: Nov 19, 2013
  • Previous Mortgage Loan Amount: $80,077
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2043

About Chesapeake



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Frequently Asked Questions

What neighborhood is 3516 Rainwood Drive located in?
The 3516 Rainwood Drive is a house located in the neighborhood of Chesapeake in Chesapeake, Nashville.
What is the average sales price for listings in 3516 Rainwood Drive?
The average sales price for units in 3516 Rainwood Drive is $0 currently.

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