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4017 Wallace Lane

4017 Wallace Lane, Nashville, TN 37215
House in Green Hills
Sold Dec 11, 2020
$1,800,000
$1,440,000 by Firstbank
Mortgage Due Jan 01, 2051
Sold Jul 25, 2006
$362,000
4017 Wallace Lane 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 2008 and is 16 years old. The home has a total of 12 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 4017 Wallace Lane has 6,843 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 2,160 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 21,780 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 1,012 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying a open porch. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. 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 exterior walls of the building are made of brick. 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, 4017 Wallace Lane sold most recently in Dec 8, 2020 for a total of $1,800,000. If you work out the math, that's approximately a cost of $263.04 per sqft. Before that, the property was also sold for $362,000 in Jul 24, 2006. 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 $17,014 in taxes each year. 4017 Wallace Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $522,875. If we break it down further, the land itself was valued at $137,500. Improvements to the property, however, were assessed at a total of $385,375. 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. 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.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
Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 22
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Roof Cover Type: Other
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 130
  • Garage Type: Attached
  • Garage Square Area: 1,012
  • Parking Space Count: 4
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Depth Feet: 2,160
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 6,843
  • Gross Building Area: 9,164
  • Building Area: 6,843
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 6,843
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALLACE
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 56 WALLACE SUB PART 1

Ownership

  • Current Owner : ARREOLA ROBERT RAOUL
  • Current Owner 2: GABRIEL MELISSA
  • Previous Owner : BAUGH MARK A
  • Previous Owner 2: BAUGH NANCY A
  • Owner Before Previous Owner: WARNER MARK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 017901

Zoning

  • Zoning: RS20

Geography

  • Parcel: 116-16-0-130-00
  • Lot: 56
  • Municipality: 55-USD
  • Latitude: 36.1064
  • Longitude: -86.8352

    Address

  • Full Address: 4017 Wallace Ln
  • Address - House Number: 4017
  • Address - Street Name: Wallace
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Nashville
  • Carrier Code: C006
  • 4-Digit Zip Code: 2307
  • Zip Code: 37215

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $17,014
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.222
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 2,413,649
  • High Value: 2,949,700
  • Low Value: 1,877,599

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,440,000
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Dec 11, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,440,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $2,091,500
  • Market Land Value: $550,000
  • Market Improvement Value: $1,541,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $522,875
  • Assessed Land Value: $137,500
  • Assessed Improvements Value: $385,375

    Sales

  • Current Sale Contract Date: Dec 08, 2020
  • Current Sale Recording Date: Dec 11, 2020
  • Current Sale Transaction ID: 11806299808
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20201211-0145912
  • Previous Sale Recording Date: Jul 25, 2006
  • Previous Sale Contract Date: Jul 24, 2006
  • Previous Sale Amount: $362,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Dec 11, 2020
  • First Mortgage Loan Amount: $1,440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Nearby Rentals

Unit for rent at

$2,810 /mo

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

$2,499 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,620 ft²
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Unit for rent at

$2,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,228 ft²
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Unit for rent at

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,600 ft²
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Unit for rent at

$2,500 /mo

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

Frequently Asked Questions

What neighborhood is 4017 Wallace Lane located in?
The 4017 Wallace Lane is a house located in the neighborhood of Green Hills in Green Hills, Nashville.
What is the average sales price for listings in 4017 Wallace Lane?
The average sales price for units in 4017 Wallace Lane is $1,999,000 , or $297/sqft. currently.

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