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5405 Illinois Avenue

5405 Illinois Avenue, Nashville, TN 37209
Sold May 27, 2021
$292,000
$204,400 by Mortgage Investors Group Inc
Mortgage Due Jun 01, 2041
Sold Aug 27, 2020
$218,500
$163,875 by Churchill Mortgage Corp
Mortgage Due Sep 01, 2035
Local assessors in Nashville, TN have categorized 5405 Illinois Avenue as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 6,098 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 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 is one full bathroom. There is also a partial bathroom. 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 5405 Illinois Avenue has a total of 816 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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. The building has a roof that is made of tile. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 5405 Illinois Avenue sold most recently in May 25, 2021 for a total of $292,000. If you work out the math, that's approximately a cost of $357.84 per sqft. Before that, the property was also sold for $218,500 in Aug 27, 2020. 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 $1,517 in taxes each year. 5405 Illinois Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $46,625. If we break it down further, the land itself was valued at $28,000. Improvements to the property, however, were assessed at a total of $18,625. 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. 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.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

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

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Fair
  • Building Quality: C
  • Construction Type: Frame
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 816
  • Gross Building Area: 848
  • Building Area: 816
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 816
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORROW
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 30 SEC 1 MORROW MEADOWS

Ownership

  • Current Owner : WOODBURN ROBERT
  • Current Owner 2: WOODBURN DJUANA
  • Previous Owner : MOORE MARK W
  • Owner Before Previous Owner: PRUITT LESLIE R
  • Owner Before Previous Owner 2: KENNEDY BRENDA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Metropolitan Nashville Public School District
  • Census Tract: 013300

Zoning

  • Zoning: R6

Geography

  • Section: 1
  • Parcel: 091-10-0-387-00
  • Lot: 30
  • Municipality: 55-USD
  • Latitude: 36.157
  • Longitude: -86.8539

    Address

  • Full Address: 5405 Illinois Ave
  • Address - House Number: 5405
  • Address - Street Name: Illinois
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Nashville
  • Carrier Code: C023
  • 4-Digit Zip Code: 2167
  • Zip Code: 37209

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,517
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.0909
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 92
  • Final Value: 400,545
  • High Value: 436,961
  • Low Value: 364,130

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,400
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: May 27, 2021
  • First Open Lien Mortgage Loan Amount: $204,400
  • 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: Jun 01, 2041

    Market Valuation

  • Market Total Value: $186,500
  • Market Land Value: $112,000
  • Market Improvement Value: $74,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,625
  • Assessed Land Value: $28,000
  • Assessed Improvements Value: $18,625

    Sales

  • Current Sale Contract Date: May 25, 2021
  • Current Sale Recording Date: May 27, 2021
  • Current Sale Transaction ID: 11836248062
  • Current Sale Price: $292,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20210527-0071867
  • Previous Sale Recording Date: Aug 27, 2020
  • Previous Sale Contract Date: Aug 27, 2020
  • Previous Sale Amount: $218,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: May 27, 2021
  • First Mortgage Loan Amount: $204,400
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: CHURCHILL MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 27, 2020
  • Previous Mortgage Loan Amount: $163,875
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2035

About Urbandale Nations



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Nearby Rentals

Unit for rent at

$2,900 /mo

  • 2 Beds
  • 3 Baths
  • 1,650 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5405 Illinois Avenue located in?
The 5405 Illinois Avenue is a house located in the neighborhood of Urbandale Nations in Urbandale Nations, Nashville.
What is the average sales price for listings in 5405 Illinois Avenue?
The average sales price for units in 5405 Illinois Avenue is $225,000 , or $276/sqft. currently.

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