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404 Hobbs Avenue

404 Hobbs Avenue, Lebanon, TN 37087
Land in Wilson
Sold Jun 26, 2023
$130,000
$365,000 by Housing Fund Inc
Mortgage
Sold Jul 14, 2021
$125,000
$99,000 by Firstbank
Mortgage Due Jul 02, 2022
Local assessors in Lebanon, TN have categorized 404 Hobbs Avenue as a residential type of property. The home was built in 1944 and is 80 years old. The property's lot size has been calculated to be 43,560 square feet. The linear feet between the front and back of the lot was measured at 920 ft and the front of the lot was measured at 850 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 404 Hobbs Avenue has a total of 804 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has both a unknown and a unknown 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 gable or hip style roof that was made of composition shingle. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. The home's a radiant heating system is the primary heating source. The property was last sold in Jun 21, 2023 for $130,000. That's $161.69 per sqft. Prior to that sales transaction, the property was also sold in Jul 2, 2021 for $125,000. 404 Hobbs Avenue was last assessed in 2024. The total value of the property was assessed at $6,250. Specifically, the land the property is located on was valued at $6,250. 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 $43. The initial tax year of delinquency was in 2021. 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: 1944
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 850
  • Total Building Area: 804
  • Building Area: 804
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 804
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VITALLE SUBDIVISION
  • Land Acres: 1
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: VITALLE SUBDIVISION PB 30 PG 62 LOT 1

Ownership

  • Current Owner : 12 STONES DEVELOPMENTS CORP
  • Previous Owner : CHERRY JAMES RANDELL
  • Owner Before Previous Owner: VITALLE DONALD ANTHONY
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wilson County School District in Lebanon
  • School Tax School District: 95404
  • Census Tract: 030402

Geography

  • Assessors Map Reference: 068N
  • District: 10
  • Parcel: 068N-C-006.00
  • Lot: 1
  • Municipality: LEBANON
  • Latitude: 36.1984
  • Longitude: -86.3003

    Address

  • Full Address: 404 Hobbs Ave
  • Address - House Number: 404
  • Address - Street Name: Hobbs
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Lebanon
  • Carrier Code: C004
  • 4-Digit Zip Code: 4028
  • Zip Code: 37087

Valuation

    Tax

  • Total Area: 804
  • Tax Year: 2023
  • Tax Amount: $43
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 95E01

    Appraisal Valuation

  • Standard Deviation: 0.2124
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 145,791
  • High Value: 176,760
  • Low Value: 114,822

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $365,000
  • First Open Lien Mortgage Lender: HOUSING FUND INC
  • First Open Lien Mortgage Recording Date: Aug 11, 2023
  • First Open Lien Mortgage Loan Amount: $365,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $25,000
  • Market Land Value: $25,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $6,250
  • Assessed Land Value: $6,250

    Sales

  • Current Sale Contract Date: Jun 21, 2023
  • Current Sale Recording Date: Jun 26, 2023
  • Current Sale Transaction ID: 11908542859
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 112294
  • Previous Sale Recording Date: Jul 14, 2021
  • Previous Sale Contract Date: Jul 02, 2021
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ELIJAH PARKE PROPERTIES
  • First Mortgage Transaction Date: Jun 26, 2023
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 21, 2023

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTBANK
  • Previous Mortgage Transaction Date: Jul 14, 2021
  • Previous Mortgage Loan Amount: $99,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Jul 02, 2022

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 404 Hobbs Avenue located in?
The 404 Hobbs Avenue is a land located in the neighborhood of Wilson in Lebanon, Lebanon.
What is the average sales price for listings in 404 Hobbs Avenue?
The average sales price for units in 404 Hobbs Avenue is $135,000 currently.

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