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507 Nixon Way

507 Nixon Way, La Vergne, TN 37086
Property in Rutherford
Sold Mar 20, 2023
$260,000
Buyer
Seller
Sold Jun 20, 2017
$169,989
$166,910 by Bancorpsouth Bank
Mortgage Due Jul 01, 2047
507 Nixon Way in La Vergne, 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. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 507 Nixon Way has 1,384 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.

Learn more about the property and building on this page. There is a open porch. The home has a gable or hip style roof made of gravel/rock. For those who need parking, there is a attached garage. The garage is 251 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 exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. As for heating, the home is utilizing a heat pump. The property was last sold in Mar 17, 2023 for $260,000. That's $187.86 per sqft. Prior to that sales transaction, the property was also sold in Jun 15, 2017 for $169,989. 507 Nixon Way was last assessed in 2023. The total value of the property was assessed at $66,950. While improvements on the property were assessed at a total of $66,950. 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 $1,615. 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! 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
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C+
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Gravel/rock
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 251
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 0
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,384
  • Building Area: 1,384
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Heat pump
  • Heated Square Feet: 1,384
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE COTTAGES OF LAKE FOREST PH 3
  • Standard Land Use Code: Townhouse (residential)
  • County Land Use Code: Residential (general) (single)
  • Legal Description 1: UNIT 3052 THE COTTAGES OF LAKE FOREST PH 3 PB 33 PG 169 SPLIT OFF 14-6 FOR 08

Ownership

  • Current Owner : JOBIN 22 LLC
  • Previous Owner : SUMMERS RYAN
  • Owner Before Previous Owner: LAKE FOREST HOMES INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rutherford County School District
  • Census Tract: 040106

Geography

  • Assessors Map Reference: 33-169
  • Account Number: R0101627
  • District: 400
  • Parcel: 014G-F-001.00-C-052
  • Block: 3
  • Lot: 3052
  • Municipality: LA VERGNE
  • Latitude: 36.0319
  • Longitude: -86.5489

    Address

  • Full Address: 507 Nixon Way
  • Legal Unit: 3052
  • Address - House Number: 507
  • Address - Street Name: Nixon
  • Address - Suffix Type: Way
  • State: TN
  • City Name: La Vergne
  • Carrier Code: R015
  • 4-Digit Zip Code: 3589
  • Zip Code: 37086

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,615

    Appraisal Valuation

  • Standard Deviation: 0.1566
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 80
  • Final Value: 317,318
  • High Value: 367,025
  • Low Value: 267,611

    Market Valuation

  • Market Total Value: $267,800
  • Market Improvement Value: $267,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $66,950
  • Assessed Improvements Value: $66,950

    Sales

  • Current Sale Contract Date: Mar 17, 2023
  • Current Sale Recording Date: Mar 20, 2023
  • Current Sale Transaction ID: 11903845749
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2487883
  • Previous Sale Recording Date: Jun 20, 2017
  • Previous Sale Contract Date: Jun 15, 2017
  • Previous Sale Amount: $169,989
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: BANCORPSOUTH BANK
  • Previous Mortgage Transaction Date: Jun 20, 2017
  • Previous Mortgage Loan Amount: $166,910
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About La Vergne



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Frequently Asked Questions

What neighborhood is 507 Nixon Way located in?
The 507 Nixon Way is a located in the neighborhood of Rutherford in La Vergne, La Vergne.
What is the average sales price for listings in 507 Nixon Way?
The average sales price for units in 507 Nixon Way is $0 currently.

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