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506 Garfield Street

506 Garfield Street, Nashville, TN 37208
Townhouse in Salemtown
Sold Sep 23, 2019
$567,000
$534,750 by Movement Mortgage
Mortgage Due Oct 01, 2049
Sold Jul 13, 2017
$485,000
$436,000 by Franklin Synergy Bank
Mortgage
506 Garfield Street in Nashville, TN was first built in 2016 and is 8 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There is a 1 partial bathroom. 506 Garfield Street has 2,448 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 1,615 square feet.

Learn more about the property and building on this page. There is a open porch. For those who need parking, there is a detached garage. The garage is 273 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Sep 19, 2019 for $567,000. That's $231.62 per sqft. Prior to that sales transaction, the property was also sold in Jul 11, 2017 for $485,000. 506 Garfield Street was last assessed in 2018. The total value of the property was assessed at $135,100. Specifically, the land the property is located on was valued at $28,125. While improvements on the property were assessed at a total of $106,975. 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 $4,262. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 273
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 1,615
  • Total Building Area: 2,448
  • Gross Building Area: 2,651
  • Building Area: 2,448
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,448
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TENNESSEE LIMITED LIBILITY COMPANY
  • Land Acres: 0.037
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: UNIT B 1701 5TH AVENUE TOWNHOMES

Ownership

  • Current Owner : COX DANIEL
  • Previous Owner : KENNER MICHAEL FREEMAN
  • Owner Before Previous Owner: 1701 5TH LLC
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag Date: Jan 08, 2020

Neighborhood

  • School District Name: Nashville-Davidson County School District
  • Census Tract: 019400

Zoning

  • Zoning: MULTI-ZONE

Geography

  • Parcel: 081-08-4-R00-20-0CO
  • Municipality: 55-USD
  • Latitude: 36.1823
  • Longitude: -86.7927

    Address

  • Full Address: 506 Garfield St
  • Legal Unit: B1
  • Address - House Number: 506
  • Address - Street Name: Garfield
  • Address - Suffix Type: St
  • State: TN
  • City Name: Nashville
  • Carrier Code: C008
  • 4-Digit Zip Code: 2230
  • Zip Code: 37208

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $4,262
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.1893
  • Valuation Date: Jan 01, 2020
  • Confidence Score: 83
  • Final Value: 580,427
  • High Value: 690,359
  • Low Value: 470,494

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $534,750
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE
  • First Open Lien Mortgage Recording Date: Sep 23, 2019
  • First Open Lien Mortgage Loan Amount: $534,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2049

    Market Valuation

  • Market Total Value: $540,400
  • Market Land Value: $112,500
  • Market Improvement Value: $427,900

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $135,100
  • Assessed Land Value: $28,125
  • Assessed Improvements Value: $106,975

    Sales

  • Current Sale Contract Date: Sep 19, 2019
  • Current Sale Recording Date: Sep 23, 2019
  • Current Sale Transaction ID: 11656512838
  • Current Sale Price: $567,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20190923-0096317
  • Previous Sale Recording Date: Jul 13, 2017
  • Previous Sale Contract Date: Jul 11, 2017
  • Previous Sale Amount: $485,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE
  • First Mortgage Transaction Date: Sep 23, 2019
  • First Mortgage Loan Amount: $534,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN SYNERGY BANK
  • Previous Mortgage Transaction Date: Jul 13, 2017
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $436,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Salemtown



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Nearby Rentals

Unit for rent at

$2,550 /mo

  • 3 Beds
  • 1.5 Baths
  • 982 ft²
Listing by Manager
Unit for rent at

$2,600 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,320 ft²
Listing by Manager
Unit for rent at

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,408 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 506 Garfield Street located in?
The 506 Garfield Street is a townhouse located in the neighborhood of Salemtown in Salemtown, Nashville.
What is the average sales price for listings in 506 Garfield Street?
The average sales price for units in 506 Garfield Street is $0 currently.

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