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525 Montrose Drive

525 Montrose Drive, Mount Juliet, TN 37122
Property in Wilson
Sold Mar 01, 2022
$525,000
$375,000 by Sistar Mortgage Company
Mortgage Due Mar 01, 2042
Sold Jan 13, 2021
$405,000
$405,000 by Eastman Cu
Mortgage Due Feb 01, 2051
Local assessors in Mount Juliet, TN have categorized 525 Montrose Drive as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 43,560 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 500 ft. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 525 Montrose Drive has a total of 3,482 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Feb 25, 2022 for $525,000. That's $131.71 per sqft. Prior to that sales transaction, the property was also sold in Jan 6, 2020 for $405,000. 525 Montrose Drive was last assessed in 2024. The total value of the property was assessed at $87,825. Specifically, the land the property is located on was valued at $15,000. While improvements on the property were assessed at a total of $72,825. 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 $97. 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! 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,986
  • Gross Building Area: 3,986
  • Building Area: 3,482
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,482
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: NICHOLS VALE PH4 SEC2
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NICHOLS VALE PH4 SEC2 PB 29 PG 178 LOT 437 50X135

Ownership

  • Current Owner : UPPALA BALAKRISHNA MOHAN
  • Previous Owner : MCFADDIN DESPLAINES SHAINA RENEE
  • Previous Owner 2: MCFADDIN CARL
  • Owner Before Previous Owner: PETERSON ERIC
  • Owner Before Previous Owner 2: HAY JESSICA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Wilson County School District
  • School Tax School District: 95508
  • Census Tract: 030309

Geography

  • Assessors Map Reference: 053E
  • District: 01
  • Parcel: 053E-B-001.00
  • Lot: 437
  • Municipality: MOUNT JULIET
  • Latitude: 36.2267
  • Longitude: -86.5321

    Address

  • Full Address: 525 Montrose Dr
  • Address - House Number: 525
  • Address - Street Name: Montrose
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Mount Juliet
  • Carrier Code: R040
  • 4-Digit Zip Code: 1011
  • Zip Code: 37122

Valuation

    Tax

  • Total Area: 1,741
  • Tax Year: 2023
  • Tax Amount: $97
  • Tax Rate Code Area: 95I01

    Appraisal Valuation

  • Standard Deviation: 0.1717
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 549,657
  • High Value: 644,065
  • Low Value: 455,250

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,000
  • First Open Lien Mortgage Lender: SISTAR MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Mar 01, 2022
  • First Open Lien Mortgage Loan Amount: $375,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2042

    Market Valuation

  • Market Total Value: $351,300
  • Market Land Value: $60,000
  • Market Improvement Value: $291,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $87,825
  • Assessed Land Value: $15,000
  • Assessed Improvements Value: $72,825

    Sales

  • Current Sale Contract Date: Feb 25, 2022
  • Current Sale Recording Date: Mar 01, 2022
  • Current Sale Transaction ID: 11880510973
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6311
  • Previous Sale Recording Date: Jan 13, 2021
  • Previous Sale Contract Date: Jan 06, 2020
  • Previous Sale Amount: $405,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SISTAR MORTGAGE COMPANY
  • First Mortgage Transaction Date: Mar 01, 2022
  • First Mortgage Loan Amount: $375,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: EASTMAN CU
  • Previous Mortgage Transaction Date: Jan 13, 2021
  • Previous Mortgage Loan Amount: $405,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2051

About Mount Juliet



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Frequently Asked Questions

What neighborhood is 525 Montrose Drive located in?
The 525 Montrose Drive is a located in the neighborhood of Wilson in Mount Juliet, Mount Juliet.
What is the average sales price for listings in 525 Montrose Drive?
The average sales price for units in 525 Montrose Drive is $0 currently.

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