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512 Centennial Avenue

512 Centennial Avenue, Lewisburg, TN 37091
Property in Marshall
Sold Nov 19, 2021
$162,500
$160,536 by Cmg Mortgage Inc
Mortgage Due Dec 01, 2051
Sold Oct 11, 2011
$45,000
Buyer
Seller
512 Centennial Avenue in Lewisburg, TN was first built in 1990 and is 34 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 512 Centennial Avenue has 1,232 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. The linear feet across the front of the lot is 1,020 ft and the linear feet between the front and back of the lot is 2,200. In total, the area measurement of the land is 22,440 square feet.

Learn more about the property and building on this page. There is a patio. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. 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. The exterior walls of the home are made of unknown. While the interior walls are made of paneling. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heating 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, 512 Centennial Avenue sold most recently in Nov 18, 2021 for a total of $162,500. If you work out the math, that's approximately a cost of $131.90 per sqft. Before that, the property was also sold for $45,000 in Oct 5, 2011. 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 $1,244 in taxes each year. 512 Centennial Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $40,075. If we break it down further, the land itself was valued at $8,750. Improvements to the property, however, were assessed at a total of $31,325. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Paneling
  • 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 Space Count: 0
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 22,440
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 1,232
  • Building Area: 1,232
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,232
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: HILLSIDE ESTATES ADDN
  • Land Acres: 0.515
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 3; SUBDIVISION: HILLSIDE ESTATES ADDN; LOT: 1; PLAT BOOK: A; PLAT PAGE: 64

Ownership

  • Current Owner : ANDERSON MICHAEL T
  • Previous Owner : JONES KYLE N
  • Previous Owner 2: JONES PRISCILLA D
  • Owner Before Previous Owner: REGIONS BANK
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Marshall County School District
  • School Tax School District: 59410
  • Census Tract: 955200

Geography

  • Assessors Map Reference: 070C
  • District: 03
  • Parcel: 059063N B 05700
  • Lot: 1
  • Municipality: LEWISBURG
  • Latitude: 35.4425
  • Longitude: -86.8178

    Address

  • Full Address: 512 Centennial Ave
  • Address - House Number: 512
  • Address - Street Name: Centennial
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Lewisburg
  • Carrier Code: R011
  • 4-Digit Zip Code: 3615
  • Zip Code: 37091

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,244
  • Tax Rate Code Area: 59A03

    Appraisal Valuation

  • Standard Deviation: 0.2729
  • Valuation Date: Apr 19, 2023
  • Confidence Score: 60
  • Final Value: 238,333
  • High Value: 303,388
  • Low Value: 173,277

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $170,346
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 19, 2021
  • First Open Lien Mortgage Loan Amount: $160,536
  • 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: Dec 01, 2051
  • Second Open Lien Mortgage Lender: CMG MORTGAGE INC
  • Second Open Lien Mortgage Recording Date: Nov 22, 2021
  • Second Open Lien Mortgage Loan Amount: $9,810
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2036

    Market Valuation

  • Market Total Value: $160,300
  • Market Land Value: $35,000
  • Market Improvement Value: $125,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,075
  • Assessed Land Value: $8,750
  • Assessed Improvements Value: $31,325

    Sales

  • Current Sale Contract Date: Nov 18, 2021
  • Current Sale Recording Date: Nov 19, 2021
  • Current Sale Transaction ID: 11870025131
  • Current Sale Price: $162,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 230670
  • Previous Sale Recording Date: Oct 11, 2011
  • Previous Sale Contract Date: Oct 05, 2011
  • Previous Sale Amount: $45,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Nov 19, 2021
  • First Mortgage Loan Amount: $160,536
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2051

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Frequently Asked Questions

What neighborhood is 512 Centennial Avenue located in?
The 512 Centennial Avenue is a located in the neighborhood of Marshall in Lewisburg, Lewisburg.
What is the average sales price for listings in 512 Centennial Avenue?
The average sales price for units in 512 Centennial Avenue is $0 currently.

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