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408 Old Oak Way

408 Old Oak Way, Hermitage, TN 37076
Property in Oakcrest
Sold Jul 29, 2016
$262,500
$152,625 by Freedom Mortgage Corp
Mortgage Due Sep 01, 2049
Sold Nov 01, 1996
$155,000
408 Old Oak Way in Hermitage, TN was first built in 1990 and is 34 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There is a 1 partial bathroom. 408 Old Oak Way has 2,134 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 940 ft and the linear feet between the front and back of the lot is 1,280. In total, the area measurement of the land is 12,032 square feet.

Learn more about the property and building on this page. There is a open porch. The roof of the home is made of materials that we aren't sure of. For those who need parking, there is a attached garage. The garage is 506 sqft. There are a total of 2 available parking spaces. 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 brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 408 Old Oak Way sold most recently in Jul 29, 2016 for a total of $262,500. If you work out the math, that's approximately a cost of $123.01 per sqft. Before that, the property was also sold for $155,000 in Jan 1, 1970. 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 $1,590 in taxes each year. 408 Old Oak Way was most recently assessed in 2018. During this assessment, the property's total value was estimated to be about $57,700. If we break it down further, the land itself was valued at $12,250. Improvements to the property, however, were assessed at a total of $45,450. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Roof Cover Type: Other
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 414
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,032
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 940
  • Total Building Area: 2,134
  • Gross Building Area: 2,819
  • Building Area: 2,134
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,134
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAKCREST
  • Land Acres: 0.276
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 35 OAKCREST PHASE 2-A

Ownership

  • Current Owner : CARNELL LEE ANNE
  • Previous Owner : PACKARD WILLIAM S
  • Previous Owner 2: PACKARD MAUREEN P
  • Owner Before Previous Owner: SMITH SAMUEL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 015623

Zoning

  • Zoning: RS15

Geography

  • Subdivision Phase Number: 2
  • Parcel: 086-04-0-A05-00-0CO
  • Lot: 35
  • Municipality: 74-GSD
  • Latitude: 36.1913
  • Longitude: -86.5975

    Address

  • Full Address: 408 Old Oak Way
  • Address - House Number: 408
  • Address - Street Name: Old Oak
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Hermitage
  • Carrier Code: R003
  • 4-Digit Zip Code: 4340
  • Zip Code: 37076

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $1,590
  • Tax Rate Code Area: GSD

    Appraisal Valuation

  • Standard Deviation: 0.1814
  • Valuation Date: Oct 30, 2019
  • Confidence Score: 85
  • Final Value: 291,126
  • High Value: 343,938
  • Low Value: 238,315

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,625
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 13, 2019
  • First Open Lien Mortgage Loan Amount: $152,625
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2049

    Market Valuation

  • Market Total Value: $230,800
  • Market Land Value: $49,000
  • Market Improvement Value: $181,800

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $57,700
  • Assessed Land Value: $12,250
  • Assessed Improvements Value: $45,450

    Sales

  • Current Sale Contract Date: Jul 29, 2016
  • Current Sale Recording Date: Jul 29, 2016
  • Current Sale Transaction ID: 1788883771
  • Current Sale Price: $262,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201607290078642
  • Previous Sale Recording Date: Nov 01, 1996
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE PERPETUAL FINANCIAL GROUP
  • First Mortgage Transaction Date: Jul 29, 2016
  • First Mortgage Loan Amount: $63,593
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2046

About Oakcrest



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Frequently Asked Questions

What neighborhood is 408 Old Oak Way located in?
The 408 Old Oak Way is a located in the neighborhood of Oakcrest in Oakcrest, Hermitage.
What is the average sales price for listings in 408 Old Oak Way?
The average sales price for units in 408 Old Oak Way is $0 currently.

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