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501 South Maple Street

501 South Maple Street, Lebanon, TN 37087
House in Wilson
Sold Nov 04, 2021
$150,000
$120,000 by Wilson Bank & Trust
Mortgage Due Nov 03, 2031
Sold May 09, 2018
$60,000
Buyer
Seller
501 South Maple Street 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 1938 and is 86 years old. However, we must point out that the home was most recently renovated and altered in 1981. 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, 501 South Maple Street has 1,055 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 1,650 ft and across the front of the lot is 900 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 garage for those who require parking. The garage measured 1 sqft. According to our sources, there are a total of 2 available parking spaces. 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 brick. 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. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a 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 Nov 3, 2021 for $150,000. That's $142.18 per sqft. Prior to that sales transaction, the property was also sold in May 8, 2018 for $60,000. 501 South Maple Street was last assessed in 2024. The total value of the property was assessed at $26,825. Specifically, the land the property is located on was valued at $6,250. While improvements on the property were assessed at a total of $20,575. 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 $184. 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.

Building Features

Exterior

Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1981
  • 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: Brick
  • 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: Tile
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,055
  • Gross Building Area: 1,055
  • Building Area: 1,055
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,055
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 90 X 165 M

Ownership

  • Current Owner : JOHNSON ROBERT WAYNE
  • Current Owner 2: JOHNSON RUBY CARABIO
  • Previous Owner : PRESLEY JUDY
  • Owner Before Previous Owner: MOORE INA J

Neighborhood

  • School District Name: Wilson County School District in Lebanon
  • School Tax School District: 95404
  • Census Tract: 030402

Geography

  • Assessors Map Reference: 068M
  • District: 10
  • Parcel: 068M-A-020.00
  • Municipality: LEBANON
  • Latitude: 36.1982
  • Longitude: -86.2966

    Address

  • Full Address: 501 S Maple St
  • Address - House Number: 501
  • Street Direction: S
  • Address - Street Name: Maple
  • Address - Suffix Type: St
  • State: TN
  • City Name: Lebanon
  • Carrier Code: C004
  • 4-Digit Zip Code: 4127
  • Zip Code: 37087

Valuation

    Tax

  • Total Area: 1,055
  • Tax Year: 2023
  • Tax Amount: $184
  • Tax Rate Code Area: 95E01

    Appraisal Valuation

  • Standard Deviation: 0.2124
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 221,163
  • High Value: 268,142
  • Low Value: 174,184

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: WILSON BANK & TRUST
  • First Open Lien Mortgage Recording Date: Nov 04, 2021
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Nov 03, 2031

    Market Valuation

  • Market Total Value: $107,300
  • Market Land Value: $25,000
  • Market Improvement Value: $82,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $26,825
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $20,575

    Sales

  • Current Sale Contract Date: Nov 03, 2021
  • Current Sale Recording Date: Nov 04, 2021
  • Current Sale Transaction ID: 11862607149
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21038667
  • Previous Sale Recording Date: May 09, 2018
  • Previous Sale Contract Date: May 08, 2018
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILSON BANK & TRUST
  • First Mortgage Transaction Date: Nov 04, 2021
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Nov 03, 2031

About Lebanon



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Frequently Asked Questions

What neighborhood is 501 South Maple Street located in?
The 501 South Maple Street is a house located in the neighborhood of Wilson in Lebanon, Lebanon.
What is the average sales price for listings in 501 South Maple Street?
The average sales price for units in 501 South Maple Street is $0 currently.

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