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507 Croley Drive

507 Croley Drive, Nashville, TN 37209
House in Croley Wood
Sold May 25, 2022
$550,000
$510,010 by Better Mortgage Corporation
Mortgage Due Jun 01, 2052
Sold May 13, 2022
$550,000
Local assessors in Nashville, TN have categorized 507 Croley Drive as a residential type of property. The home was built in 1950 and is 74 years old. 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 507 Croley Drive has a total of 1,300 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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. Residents rely on central air conditioning for their cooling system. 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, 507 Croley Drive sold most recently in May 3, 2022 for a total of $550,000. If you work out the math, that's approximately a cost of $423.08 per sqft. Before that, the property was also sold for $550,000 in May 2, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,818 in taxes each year. 507 Croley Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $55,875. If we break it down further, the land itself was valued at $23,500. Improvements to the property, however, were assessed at a total of $32,375. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Aluminum Siding
Asbestos Siding
Wood Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,300
  • Gross Building Area: 1,328
  • Building Area: 1,300
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RESIDENCES AT 507 CROLEY DRIVE
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIT B RESIDENCES AT CROLEY DRIVE

Ownership

  • Current Owner : BOWDEN KEVIN MICHAEL
  • Current Owner 2: ESSAIED SARAH ANN
  • Previous Owner : BETTER REAL ESTATE LLC
  • Owner Before Previous Owner: JUELIA KINNEY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Nashville-Davidson County School District
  • Census Tract: 013202

Geography

  • Parcel: 091-13-1T-002-00
  • Latitude: 36.1504
  • Longitude: -86.8718

    Address

  • Full Address: 507 Croley Dr
  • Legal Unit: B
  • Address - House Number: 507
  • Address - Street Name: Croley
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Nashville
  • Carrier Code: C014
  • 4-Digit Zip Code: 1711
  • Zip Code: 37209

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,818
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 451,629
  • High Value: 557,709
  • Low Value: 345,549

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,010
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: May 25, 2022
  • First Open Lien Mortgage Loan Amount: $510,010
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $223,500
  • Market Land Value: $94,000
  • Market Improvement Value: $129,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,875
  • Assessed Land Value: $23,500
  • Assessed Improvements Value: $32,375

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 25, 2022
  • Current Sale Transaction ID: 11888896052
  • Current Sale Price: $550,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 60420
  • Previous Sale Recording Date: May 13, 2022
  • Previous Sale Contract Date: May 02, 2022
  • Previous Sale Amount: $550,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: May 25, 2022
  • First Mortgage Loan Amount: $510,010
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

About Croley Wood



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Frequently Asked Questions

What neighborhood is 507 Croley Drive located in?
The 507 Croley Drive is a house located in the neighborhood of Croley Wood in Croley Wood, Nashville.
What is the average sales price for listings in 507 Croley Drive?
The average sales price for units in 507 Croley Drive is $0 currently.

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