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415 Martin Avenue

415 Martin Avenue, Lebanon, TN 37087
Property in Wilson
Sold Mar 03, 2022
$245,000
$2,033,000 by Readycap Lending, Llc
Mortgage
Sold Sep 01, 2016
$107,000
$105,061 by Franklin American Mortgage Co
Mortgage Due Sep 01, 2046
415 Martin Avenue has been categorized by the local assessors in Lebanon, TN as a residential type of property. The building on the property was first built in 1953 and is 71 years old. However, we must point out that the home was most recently renovated and altered in 1989. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 415 Martin Avenue has 1,009 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 1,296 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 43,560 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 detached garage for those who require parking. The garage measured 240 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. 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 building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a radiant heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Mar 1, 2022 for $245,000. That's $242.81 per sqft. Prior to that sales transaction, the property was also sold in Aug 30, 2016 for $107,000. 415 Martin Avenue was last assessed in 2024. The total value of the property was assessed at $37,125. Specifically, the land the property is located on was valued at $18,750. While improvements on the property were assessed at a total of $18,375. 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 $254. 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: 1953
  • Effective Year Built: 1989
  • 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
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,296
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,009
  • Gross Building Area: 1,069
  • Building Area: 1,009
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 1,009
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: C F BONNER
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: C F BONNER PB 1 PG 65 LOT 17 PT OF LOT 16 75 X 129.6

Ownership

  • Current Owner : REED WILLIAM E
  • Current Owner 2: REED KATRINA L
  • Previous Owner : ROSS CHARITY M
  • Owner Before Previous Owner: MOORE PATRICIA
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wilson County School District in Lebanon
  • School Tax School District: 95404
  • Census Tract: 030600

Geography

  • Assessors Map Reference: 068K
  • District: 10
  • Parcel: 068K-D-031.00
  • Lot: 17
  • Municipality: LEBANON
  • Latitude: 36.2021
  • Longitude: -86.3016

    Address

  • Full Address: 415 Martin Ave
  • Address - House Number: 415
  • Address - Street Name: Martin
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Lebanon
  • Carrier Code: C013
  • 4-Digit Zip Code: 3532
  • Zip Code: 37087

Valuation

    Tax

  • Total Area: 1,009
  • Tax Year: 2023
  • Tax Amount: $254
  • Tax Rate Code Area: 95E01

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 269,952
  • High Value: 319,892
  • Low Value: 220,011

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,033,000
  • First Open Lien Mortgage Lender: READYCAP LENDING, LLC
  • First Open Lien Mortgage Recording Date: Mar 02, 2023
  • First Open Lien Mortgage Loan Amount: $2,033,000
  • 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: $148,500
  • Market Land Value: $75,000
  • Market Improvement Value: $73,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $37,125
  • Assessed Land Value: $18,750
  • Assessed Improvements Value: $18,375

    Sales

  • Current Sale Contract Date: Mar 01, 2022
  • Current Sale Recording Date: Mar 03, 2022
  • Current Sale Transaction ID: 11884833459
  • Current Sale Price: $245,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6554
  • Previous Sale Recording Date: Sep 01, 2016
  • Previous Sale Contract Date: Aug 30, 2016
  • Previous Sale Amount: $107,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHURCHILL MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Mar 03, 2022
  • First Mortgage Loan Amount: $183,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Sep 01, 2016
  • Previous Mortgage Loan Amount: $105,061
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2046

About Lebanon



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Frequently Asked Questions

What neighborhood is 415 Martin Avenue located in?
The 415 Martin Avenue is a located in the neighborhood of Wilson in Lebanon, Lebanon.
What is the average sales price for listings in 415 Martin Avenue?
The average sales price for units in 415 Martin Avenue is $0 currently.

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