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505 Cinnamon Place

505 Cinnamon Place, Nashville, TN 37211
Sold Jun 24, 2021
$395,000
$325,600 by Primary Residential Mortgage I
Mortgage Due Jul 01, 2051
Sold Feb 19, 2003
$175,900
$158,310 by State Farm Bank Fsb
Mortgage Due Mar 01, 2023
Local assessors in Nashville, TN have categorized 505 Cinnamon Place as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 6,970 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 650 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 505 Cinnamon Place has a total of 1,960 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 520 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 505 Cinnamon Place sold most recently in Jun 21, 2021 for a total of $395,000. If you work out the math, that's approximately a cost of $201.53 per sqft. Before that, the property was also sold for $175,900 in Feb 13, 2003. 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 $2,254 in taxes each year. 505 Cinnamon Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $77,125. If we break it down further, the land itself was valued at $17,500. Improvements to the property, however, were assessed at a total of $59,625. 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: 2002
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 520
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,960
  • Gross Building Area: 2,620
  • Building Area: 1,960
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLAN OF SUGAR VALLEY
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 84 SUGAR VALLEY SEC 5

Ownership

  • Current Owner : FUENTES FRANK
  • Previous Owner : ALEXANDER BRUCE N
  • Previous Owner 2: ALEXANDER JENNIFER
  • Owner Before Previous Owner: LIFESTYLE HOMES GP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Nashville-Davidson County School District
  • Census Tract: 019121

Zoning

  • Zoning: R20

Geography

  • Section: 5
  • Parcel: 181-01-0A-163-00
  • Lot: 84
  • Municipality: 74-GSD
  • Latitude: 36.0133
  • Longitude: -86.6948

    Address

  • Full Address: 505 Cinnamon Pl
  • Address - House Number: 505
  • Address - Street Name: Cinnamon
  • Address - Suffix Type: Pl
  • State: TN
  • City Name: Nashville
  • Carrier Code: C049
  • 4-Digit Zip Code: 8586
  • Zip Code: 37211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,254
  • Tax Rate Code Area: GSD

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 454,573
  • High Value: 561,344
  • Low Value: 347,801

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $325,600
  • First Open Lien Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Open Lien Mortgage Recording Date: Jun 24, 2021
  • First Open Lien Mortgage Loan Amount: $325,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $308,500
  • Market Land Value: $70,000
  • Market Improvement Value: $238,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,125
  • Assessed Land Value: $17,500
  • Assessed Improvements Value: $59,625

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jun 24, 2021
  • Current Sale Transaction ID: 11840807645
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210624-0085381
  • Previous Sale Recording Date: Feb 19, 2003
  • Previous Sale Contract Date: Feb 13, 2003
  • Previous Sale Amount: $175,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Jun 24, 2021
  • First Mortgage Loan Amount: $325,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: STATE FARM BANK FSB
  • Previous Mortgage Transaction Date: Feb 19, 2003
  • Previous Mortgage Loan Amount: $158,310
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Due Date: Mar 01, 2023

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Frequently Asked Questions

What neighborhood is 505 Cinnamon Place located in?
The 505 Cinnamon Place is a house located in the neighborhood of Sugar Valley in Sugar Valley, Nashville.
What is the average sales price for listings in 505 Cinnamon Place?
The average sales price for units in 505 Cinnamon Place is $0 currently.

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