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5048 Timber Trail Drive

5048 Timber Trail Drive, Mount Juliet, TN 37122
House in Wilson
Sold Jun 11, 2021
$405,000
$662,000 by The Huntington National Bank
Mortgage Due May 28, 2033
Sold Mar 16, 2021
$296,500
$273,300 by Wildeat Lending Fund Two Lp
Mortgage
5048 Timber Trail Drive has been categorized by the local assessors in Mount Juliet, TN as a residential type of property. The building on the property was first built in 2002 and is 22 years old. However, we must point out that the home was most recently renovated and altered in 2009. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5048 Timber Trail Drive has 2,364 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 1,151 ft and across the front of the lot is 747 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 attached garage for those who require parking. The garage measured 380 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. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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. 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, 5048 Timber Trail Drive sold most recently in Jun 9, 2021 for a total of $405,000. If you work out the math, that's approximately a cost of $147.59 per sqft. Before that, the property was also sold for $296,500 in Mar 9, 2021. 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 $0 in taxes each year. 5048 Timber Trail Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $84,425. If we break it down further, the land itself was valued at $18,750. Improvements to the property, however, were assessed at a total of $65,675. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

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

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,151
  • Lot Size Frontage Feet: 747
  • Total Building Area: 2,744
  • Gross Building Area: 2,744
  • Building Area: 2,364
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,364
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TIMBER TRAIL PH 2 SEC 2
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TIMBER TRAIL PH 2 SEC 2 PB 23 PG 822 LOT A37 74.72 X 115.11 IRR

Ownership

  • Current Owner : MEHERISH ARJUN D
  • Current Owner 2: BELANI HANSA N
  • Previous Owner : THE BENTON GROUP LLC
  • Owner Before Previous Owner: MUSIC CITY HOLDINGS LLC

Neighborhood

  • School District Name: Wilson County School District
  • School Tax School District: 95508
  • Census Tract: 030309

Geography

  • Assessors Map Reference: 072B
  • District: 01
  • Parcel: 072B-A-008.00
  • Lot: A37
  • Municipality: MOUNT JULIET
  • Latitude: 36.213
  • Longitude: -86.5076

    Address

  • Full Address: 5048 Timber Trail Dr
  • Address - House Number: 5048
  • Address - Street Name: Timber Trail
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Mount Juliet
  • Carrier Code: R024
  • 4-Digit Zip Code: 6343
  • Zip Code: 37122

Valuation

    Tax

  • Total Area: 992
  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 95I01

    Appraisal Valuation

  • Standard Deviation: 0.1854
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 536,171
  • High Value: 635,614
  • Low Value: 436,729

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $662,000
  • First Open Lien Mortgage Lender: THE HUNTINGTON NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Sep 13, 2023
  • First Open Lien Mortgage Loan Amount: $662,000
  • First Open Lien Mortgage Term: 115
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 28, 2033

    Market Valuation

  • Market Total Value: $337,700
  • Market Land Value: $75,000
  • Market Improvement Value: $262,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $84,425
  • Assessed Land Value: $18,750
  • Assessed Improvements Value: $65,675

    Sales

  • Current Sale Contract Date: Jun 09, 2021
  • Current Sale Recording Date: Jun 11, 2021
  • Current Sale Transaction ID: 11839151967
  • Current Sale Price: $405,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21020575
  • Previous Sale Recording Date: Mar 16, 2021
  • Previous Sale Contract Date: Mar 09, 2021
  • Previous Sale Amount: $296,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILSON BANK & TRUST
  • First Mortgage Transaction Date: Jun 11, 2021
  • First Mortgage Loan Amount: $323,000
  • First Mortgage Terms: 299
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 09, 2046

    Previous Mortgages

  • Previous Mortgage Lender: WILDEAT LENDING FUND TWO LP
  • Previous Mortgage Transaction Date: Mar 16, 2021
  • Previous Mortgage Loan Amount: $273,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

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Frequently Asked Questions

What neighborhood is 5048 Timber Trail Drive located in?
The 5048 Timber Trail Drive is a house located in the neighborhood of Wilson in Mount Juliet, Mount Juliet.
What is the average sales price for listings in 5048 Timber Trail Drive?
The average sales price for units in 5048 Timber Trail Drive is $0 currently.

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