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405 Menees Lane

405 Menees Lane, Madison, TN 37115
House in Neelys Bend
Sold Jun 29, 2020
$502,750
$510,400 by First Nb Of Middle Tennessee
Mortgage Due Jul 01, 2050
Sold Jun 28, 2013
$202,107
$161,500 by Wilson Bank & Trust
Mortgage Due Jun 27, 2014
Local assessors in Madison, TN have categorized 405 Menees Lane as a residential type of property. The home was built in 1980 and is 44 years old. The property's lot size has been calculated to be 217,800 square feet. The linear feet between the front and back of the lot was measured at 4,420 ft and the front of the lot was measured at 2,440 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 405 Menees Lane has a total of 2,641 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 625 sqft. There are 2 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 materials that we aren't sure of. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 405 Menees Lane was last sold in Jun 25, 2020 for $502,750. According to our calculations, that's $190.36 per sqft. Prior to that sales transaction, the property was sold for $202,107 in May 30, 2013. Current property owners are expected to pay $4,750 in taxes per year. The property on 405 Menees Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $162,550. To break that down further, the land itself was valued at $52,500. While improvements to the property were assessed at a total of $110,050. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or 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: 1980
  • Effective Year Built: 1980
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Roof Cover Type: Other
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 350
  • Garage Type: Attached
  • Garage Square Area: 625
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 217,800
  • Lot Size Depth Feet: 4,420
  • Lot Size Frontage Feet: 2,440
  • Total Building Area: 2,641
  • Gross Building Area: 4,905
  • Building Area: 2,641
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,641
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TAYLORS PEELER PARK
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1 TAYLORS PEELERS PARK LOT 2 RESUB

Ownership

  • Current Owner : BECK ANDERS
  • Previous Owner : PHARRIS MICHAEL L
  • Previous Owner 2: PHARRIS JANE C
  • Owner Before Previous Owner: THE METROPOLITAN GOVERNMENT OF NASHVILLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 010601

Zoning

  • Zoning: RS80

Geography

  • Parcel: 063-00-0-291-00
  • Lot: 1-2
  • Municipality: 74-GSD
  • Latitude: 36.217
  • Longitude: -86.654

    Address

  • Full Address: 405 Menees Ln
  • Address - House Number: 405
  • Address - Street Name: Menees
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Madison
  • Carrier Code: C004
  • 4-Digit Zip Code: 5803
  • Zip Code: 37115

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,750
  • Tax Rate Code Area: GSD

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 778,625
  • High Value: 950,755
  • Low Value: 606,494

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,400
  • First Open Lien Mortgage Lender: FIRST NB OF MIDDLE TENNESSEE
  • First Open Lien Mortgage Recording Date: Jun 29, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $650,200
  • Market Land Value: $210,000
  • Market Improvement Value: $440,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,550
  • Assessed Land Value: $52,500
  • Assessed Improvements Value: $110,050

    Sales

  • Current Sale Contract Date: Jun 25, 2020
  • Current Sale Recording Date: Jun 29, 2020
  • Current Sale Transaction ID: 11770158737
  • Current Sale Price: $502,750
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200629-0069834
  • Previous Sale Recording Date: Jun 28, 2013
  • Previous Sale Contract Date: May 30, 2013
  • Previous Sale Amount: $202,107
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NB OF MIDDLE TENNESSEE
  • First Mortgage Transaction Date: Jun 29, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WILSON BANK & TRUST
  • Previous Mortgage Transaction Date: Jun 28, 2013
  • Previous Mortgage Loan Amount: $161,500
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 27, 2014

About Neelys Bend



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 405 Menees Lane located in?
The 405 Menees Lane is a house located in the neighborhood of Neelys Bend in Neelys Bend, Madison.
What is the average sales price for listings in 405 Menees Lane?
The average sales price for units in 405 Menees Lane is $624,000 , or $234/sqft. currently.

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