See Home Value
$457,662*
House - Off Market

4950 Packard Dr

Nashville, TN 37211
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2325 Sqft
$360,000 - $438,000
Reference Base Price*
14.44%
Since Sep 1, 2021
National-US
Primary Model
Sold Oct 15, 2021
$385,000
$406,000 by First Farmers & Merchants Bank
Mortgage Due Dec 27, 2053
Sold Mar 29, 2019
$289,000

About This Property

Fabulous multi-unit rental opportunity! Upstairs, downstairs apartments, and a detached studio/office with kitchen! Multiple opportunities as a starter home, in-law suite, and investment property! Fenced yard. The main floor features very nice updates including stainless appliances. Hardwood and tile throughout the main floor unit. Property is sold As Is.

The manager has listed the unit size as 2325 square feet.
Unit Size
2,325Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$172
Property Type
House
Property Taxes
$2,521
HOA Dues
-
Year Built
1961

Price History

Date / Event Date Event Price
Aug 13, 2021 Relisted $399,900
Relisted
Jun 7, 2021 No longer available -
No longer available
May 22, 2021 Listed $399,900
Listed
Feb 23, 2019 No longer available -
No longer available
Feb 8, 2019 Listed $299,000
Listed
UNIQUE OPPORTUNITY! Multi-rental potential - Upstairs, downstairs apartment AND downstairs studio. Separate meters. Great STARTER HOME, IN-LAW SUITE AND INVESTMENT property. New Carrier HVAC upstairs, roof replaced in last 5 years. 3 Car detached garage, great upstairs deck, new appliances upstairs, fenced backyard. Completely remodeled with attention to detail. The manager has listed the unit size as 2100 square feet.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Duplex
  • Exterior Walls Type: Brick
  • Roof Cover Type: Other
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,050
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,244
  • Gross Building Area: 2,244
  • Building Area: 2,244
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRLANE PARK ANNEX
  • Land Acres: 0.28
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: LOT 6 FAIRLANE PARK ANNEX

Ownership

  • Current Owner : JOHNS CODY
  • Current Owner 2: JOHNS ALEXYS
  • Previous Owner : ROBINSON CHARLES E
  • Previous Owner 2: ROBINSON GWENDOLYN W
  • Owner Before Previous Owner: SELLS JAMES CONLEY
  • Owner Before Previous Owner 2: SELLS RACHELLE L
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 019004

Zoning

  • Zoning: RS10

Geography

  • Parcel: 148-13-0-191-00
  • Lot: 6
  • Municipality: 55-USD
  • Latitude: 36.0618
  • Longitude: -86.7052

    Address

  • Full Address: 4950 Packard Dr
  • Address - House Number: 4950
  • Address - Street Name: Packard
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Nashville
  • Carrier Code: C042
  • 4-Digit Zip Code: 5622
  • Zip Code: 37211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,130
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 68
  • Final Value: 418,074
  • High Value: 512,862
  • Low Value: 323,287

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $406,000
  • First Open Lien Mortgage Lender: FIRST FARMERS & MERCHANTS BANK
  • First Open Lien Mortgage Recording Date: Dec 27, 2023
  • First Open Lien Mortgage Loan Amount: $406,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Dec 27, 2053

    Market Valuation

  • Market Total Value: $240,500
  • Market Land Value: $50,000
  • Market Improvement Value: $190,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,200
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $76,200

    Sales

  • Current Sale Contract Date: Oct 07, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Transaction ID: 11859512031
  • Current Sale Price: $385,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20211015-0139166
  • Previous Sale Recording Date: Mar 29, 2019
  • Previous Sale Contract Date: Mar 22, 2019
  • Previous Sale Amount: $289,000
  • Previous Sale Document Type: Warranty Deed



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
2,075 ft²
$183/ft²
$379,900 Dec 9, 2020
-
$1,669/mo
House
4 Beds
2 Baths
2,572 ft²
$124/ft²
$320,000 Jan 1, 2021
-
$1,275/mo
House
4 Beds
3 Baths
1,952 ft²
$179/ft²
$350,000 Jul 3, 2021
-
$1,887/mo
In Contract
House
4 Beds
2 Baths
1,376 ft²
$280/ft²
$385,000 Mar 18, 2021
-
$1,771/mo
House
4 Beds
2 Baths
1,525 ft²
$216/ft²
$330,000 May 15, 2021
-
$1,896/mo
House
3 Beds
2 Baths
2,136 ft²
$154/ft²
$329,900 Sep 19, 2020
-
$1,965/mo
House
3 Beds
2 Baths
1,900 ft²
$207/ft²
$394,000 Mar 25, 2021
-
$2,390/mo
House
3 Beds
3 Baths
2,654 ft²
$127/ft²
$336,900 Apr 24, 2020
-
$2,393/mo
House
3 Beds
2 Baths
1,731 ft²
$228/ft²
$395,000 May 8, 2021
-
$2,027/mo
House
3 Beds
2 Baths
1,567 ft²
$293/ft²
$459,900 Aug 12, 2021
-
$1,670/mo
House
3 Beds
2 Baths
1,325 ft²
$275/ft²
$365,000 Aug 17, 2021
-
$1,394/mo
House
3 Beds
2 Baths
1,526 ft²
$216/ft²
$329,000 Jun 25, 2021
-
$1,701/mo

About Locustwood


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Frequently Asked Questions

When was property at 4950 Packard Drive built and last sold?
The property at 4950 Packard Drive was built in 1961 and last sold on Oct 7, 2021 for $385,000.
How much is this home worth?
The estimated value of the home located at 4950 Packard Drive is $403,899.
What are some comparable homes to 4950 Packard Drive?
Homes that are comparable to 4950 Packard Drive include a house property at 5004 Pearson Place, 3911 Creekside Drive, 5049 Colemont Drive.

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