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430 Elegance Way

430 Elegance Way, Hermitage, TN 37076
Townhouse in Davidson
Sold Sep 03, 2020
$275,000
$220,000 by Ameris Bank
Mortgage Due Sep 01, 2050
Sold May 24, 2017
$254,900
$242,155 by Ascend Fcu
Mortgage Due Jun 01, 2047
Local assessors in Hermitage, TN have categorized 430 Elegance Way as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 1,033 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 430 Elegance Way has a total of 1,694 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 412 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 a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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. Residents rely on central air conditioning for their cooling system. 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, 430 Elegance Way sold most recently in Aug 31, 2020 for a total of $275,000. If you work out the math, that's approximately a cost of $162.34 per sqft. Before that, the property was also sold for $254,900 in May 19, 2017. 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 $2,033 in taxes each year. 430 Elegance Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $69,575. If we break it down further, the land itself was valued at $12,500. Improvements to the property, however, were assessed at a total of $57,075. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Hardboard Siding

Parking

Street Parking
Assigned Parking
On-Street Parking
Unassigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Condo
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 412
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,033
  • Total Building Area: 1,694
  • Gross Building Area: 2,184
  • Building Area: 1,694
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,694
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TULIP GROVE
  • Land Acres: 0.023
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 27 TULIP GROVE AMENDED

Ownership

  • Current Owner : KAPOOR DRISHTI
  • Current Owner 2: NIGAM YASH
  • Previous Owner : DESCH ERIC
  • Previous Owner 2: DESCH BRITTNEY
  • Owner Before Previous Owner: SOUTHEASTERN DEVVELOPMENT ENTERPRISE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Nashville-Davidson County School District
  • Census Tract: 015623

Zoning

  • Zoning: MULTIZONE

Geography

  • Parcel: 086-12-0B-027-00
  • Municipality: 74-GSD
  • Latitude: 36.1796
  • Longitude: -86.5961

    Address

  • Full Address: 430 Elegance Way
  • Legal Unit: 27
  • Address - House Number: 430
  • Address - Street Name: Elegance
  • Address - Suffix Type: Way
  • State: TN
  • City Name: Hermitage
  • Carrier Code: R008
  • 4-Digit Zip Code: 4465
  • Zip Code: 37076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,033
  • Tax Rate Code Area: GSD

    Appraisal Valuation

  • Standard Deviation: 0.2346
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 389,020
  • High Value: 480,307
  • Low Value: 297,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: AMERIS BANK
  • First Open Lien Mortgage Recording Date: Sep 03, 2020
  • First Open Lien Mortgage Loan Amount: $220,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone First
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050

    Market Valuation

  • Market Total Value: $278,300
  • Market Land Value: $50,000
  • Market Improvement Value: $228,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $69,575
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $57,075

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Transaction ID: 11784747088
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20200903-0100348
  • Previous Sale Recording Date: May 24, 2017
  • Previous Sale Contract Date: May 19, 2017
  • Previous Sale Amount: $254,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIS BANK
  • First Mortgage Transaction Date: Sep 03, 2020
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Stand Alone First
  • First Mortgage Loan Due Date: Sep 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: ASCEND FCU
  • Previous Mortgage Transaction Date: May 24, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $242,155
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Nashville-Davidson



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Frequently Asked Questions

What neighborhood is 430 Elegance Way located in?
The 430 Elegance Way is a townhouse located in the neighborhood of Davidson in Nashville-Davidson, Hermitage.
What is the average sales price for listings in 430 Elegance Way?
The average sales price for units in 430 Elegance Way is $0 currently.

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