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518 McClain Avenue

518 McClain Avenue, Lebanon, TN 37087
Property in Wilson
Sold Oct 19, 2016
$169,900
$161,405 by Churchill Mortgage Corp
Mortgage Due Nov 01, 2046
Sold Sep 07, 2016
$130,000
518 McClain Avenue has been categorized by the local assessors in Lebanon, TN as a residential type of property. The building on the property was first built in 1945 and is 79 years old. However, we must point out that the home was most recently renovated and altered in 1991. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 518 McClain Avenue has 1,900 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,417 ft and across the front of the lot is 1,020 ft. The area measurement of the land has been determined as 43,560 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 675 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of paneling. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Oct 14, 2016 for $169,900. That's $65.98 per sqft. Prior to that sales transaction, the property was also sold in Sep 6, 2016 for $130,000. 518 McClain Avenue was last assessed in 2024. The total value of the property was assessed at $56,175. Specifically, the land the property is located on was valued at $18,750. While improvements on the property were assessed at a total of $37,425. 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 $385. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1945
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • 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
  • Garage Type: Attached
  • Garage Square Area: 675
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,417
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 2,575
  • Gross Building Area: 2,575
  • Building Area: 1,900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: PENNSYLVANIA AVE
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PENNSYLVANIA AVE PB 2 PG 28 LOT 19A PT OF LOT 19B 102 X 141.7 IRR

Ownership

  • Current Owner : PARKER TERRIELIZABETH
  • Current Owner 2: PARKER DONALD SCOTT
  • Previous Owner : CLOSE DAVID
  • Previous Owner 2: SCOTT KENNY
  • Owner Before Previous Owner: AGEE BEAU M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wilson County School District in Lebanon
  • School Tax School District: 95404
  • Census Tract: 030600

Geography

  • Assessors Map Reference: 068K
  • District: 10
  • Parcel: 068K-B-002.00
  • Lot: 19A
  • Municipality: LEBANON
  • Latitude: 36.2032
  • Longitude: -86.3048

    Address

  • Full Address: 518 Mcclain Ave
  • Address - House Number: 518
  • Address - Street Name: Mcclain
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Lebanon
  • Carrier Code: C007
  • 4-Digit Zip Code: 3450
  • Zip Code: 37087

Valuation

    Tax

  • Total Area: 970
  • Tax Year: 2023
  • Tax Amount: $385
  • Tax Rate Code Area: 95E01

    Appraisal Valuation

  • Standard Deviation: 0.2387
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 66
  • Final Value: 342,994
  • High Value: 424,888
  • Low Value: 261,100

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,405
  • First Open Lien Mortgage Lender: CHURCHILL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 19, 2016
  • First Open Lien Mortgage Loan Amount: $161,405
  • 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: Nov 01, 2046

    Market Valuation

  • Market Total Value: $224,700
  • Market Land Value: $75,000
  • Market Improvement Value: $149,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $56,175
  • Assessed Land Value: $18,750
  • Assessed Improvements Value: $37,425

    Sales

  • Current Sale Contract Date: Oct 14, 2016
  • Current Sale Recording Date: Oct 19, 2016
  • Current Sale Transaction ID: 1818648926
  • Current Sale Price: $169,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 16594589
  • Previous Sale Recording Date: Sep 07, 2016
  • Previous Sale Contract Date: Sep 06, 2016
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHURCHILL MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 19, 2016
  • First Mortgage Loan Amount: $161,405
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

About Lebanon



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Frequently Asked Questions

What neighborhood is 518 McClain Avenue located in?
The 518 McClain Avenue is a located in the neighborhood of Wilson in Lebanon, Lebanon.
What is the average sales price for listings in 518 McClain Avenue?
The average sales price for units in 518 McClain Avenue is $0 currently.

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