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402 2nd Avenue

402 2nd Avenue, Murfreesboro, TN 37130
Property in Rutherford
Sold Jan 25, 2021
$130,000
$318,000 by First Horizon Bank
Mortgage Due Mar 01, 2052
Sold May 26, 2016
$60,000
$96,475 by Franklin Synergy Bank
Mortgage
402 2nd Avenue in Murfreesboro, TN was first built in 1952 and is 72 years old. Although, the building on the property was most recently renovated and altered in 2002. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 402 2nd Avenue has 3,358 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 1,000 ft and the linear feet between the front and back of the lot is 1,432. In total, the area measurement of the land is 14,320 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of gravel/rock. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 301 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 concrete. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk into the home itself and you'll find that it is currently being cooled with a evaporative cooler. As for heating, the home is utilizing a heat pump and being fueled with electricity. The property was last sold in Jan 22, 2021 for $130,000. That's $38.71 per sqft. Prior to that sales transaction, the property was also sold in May 24, 2016 for $60,000. 402 2nd Avenue was last assessed in 2023. The total value of the property was assessed at $107,600. Specifically, the land the property is located on was valued at $13,750. While improvements on the property were assessed at a total of $93,850. 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 $3,044. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Concrete
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Gravel/rock
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 301
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,320
  • Lot Size Depth Feet: 1,432
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,358
  • Building Area: 3,358
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Heat pump
  • Heated Square Feet: 3,358
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BLACK & BRAGG ADDITION RESUB
  • Land Acres: 0.329
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 1A BLACK AND BRAGG ADDITION RESUB OF LOT 1 DB 113 PG 356 100 X 143.2 IRR

Ownership

  • Current Owner : HEDGEWOOD LLC
  • Previous Owner : CRISWELL DAVID
  • Previous Owner 2: CRISWELL KATHLEEN
  • Owner Before Previous Owner: SCALES CORRINE S

Neighborhood

  • School District Name: Rutherford County School District in Murfreesboro
  • Census Tract: 041900

Geography

  • Assessors Map Reference: DB 113-356
  • Account Number: R0066161
  • District: 515
  • Parcel: 103A-M-004.00-000
  • Lot: 1A
  • Municipality: MURFREESBORO
  • Latitude: 35.8391
  • Longitude: -86.3747

    Address

  • Full Address: 402 2nd Ave
  • Address - House Number: 402
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Murfreesboro
  • Carrier Code: C023
  • 4-Digit Zip Code: 4800
  • Zip Code: 37130

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,044

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 79
  • Final Value: 553,160
  • High Value: 644,238
  • Low Value: 462,082

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $318,000
  • First Open Lien Mortgage Lender: FIRST HORIZON BANK
  • First Open Lien Mortgage Recording Date: Feb 23, 2022
  • First Open Lien Mortgage Loan Amount: $318,000
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $430,400
  • Market Land Value: $55,000
  • Market Improvement Value: $375,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,600
  • Assessed Land Value: $13,750
  • Assessed Improvements Value: $93,850

    Sales

  • Current Sale Contract Date: Jan 22, 2021
  • Current Sale Recording Date: Jan 25, 2021
  • Current Sale Transaction ID: 11815780579
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2335272
  • Previous Sale Recording Date: May 26, 2016
  • Previous Sale Contract Date: May 24, 2016
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COGENT BANK
  • First Mortgage Transaction Date: Jan 25, 2021
  • First Mortgage Loan Amount: $208,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN SYNERGY BANK
  • Previous Mortgage Transaction Date: May 26, 2016
  • Previous Mortgage Loan Amount: $96,475
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Murfreesboro



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Frequently Asked Questions

What neighborhood is 402 2nd Avenue located in?
The 402 2nd Avenue is a located in the neighborhood of Rutherford in Murfreesboro, Murfreesboro.
What is the average sales price for listings in 402 2nd Avenue?
The average sales price for units in 402 2nd Avenue is $0 currently.

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