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705 Pace Street

705 Pace Street, Gallatin, TN 37066
House in Sumner
Sold Mar 26, 2021
$165,000
Buyer
Seller
$160,050 by Cardinal Financial Company Lp
Mortgage Due Apr 01, 2051
Sold Oct 09, 2018
$108,000
$86,400 by Cmg Mortgage Inc
Mortgage Due Oct 01, 2033
705 Pace Street has been categorized by the local assessors in Gallatin, TN as a residential type of property. The building on the property was first built in 1960 and is 64 years old. However, we must point out that the home was most recently renovated and altered in 1980. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 705 Pace Street has 816 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a building with no basement that is 816 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 13,068 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. Residents will have the luxury of enjoying a screened porch. 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 unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. In terms of heating, it is utilizing a heating system. 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 Mar 23, 2021 for $165,000. That's $202.21 per sqft. Prior to that sales transaction, the property was also sold in Sep 28, 2018 for $108,000. 705 Pace Street was last assessed in 2023. The total value of the property was assessed at $27,000. Specifically, the land the property is located on was valued at $11,600. While improvements on the property were assessed at a total of $15,400. 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 $824. 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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 816
  • Parking Space Count: 0
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 816
  • Gross Building Area: 1,056
  • Building Area: 816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 816
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CLEARVIEW HTS. NO. 3
  • Land Acres: 0.3
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PLAT: 1 PAGE: 58 BLOCK: B LOT: 43-45 SUBD: CLEARVIEW HTS. NO. 3

Ownership

  • Current Owner : WISE DAVID
  • Previous Owner : POWELL KARI
  • Owner Before Previous Owner: 1242 PROPERTY SOLUTIONS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sumner County School District
  • School Tax School District: 83278
  • Census Tract: 020800

Geography

  • Assessors Map Reference: 113J
  • District: 03
  • Parcel: 083113J H 00900
  • Block: B
  • Lot: 43-45
  • Municipality: GALLATIN
  • Latitude: 36.3984
  • Longitude: -86.4598

    Address

  • Full Address: 705 Pace St
  • Address - House Number: 705
  • Address - Street Name: Pace
  • Address - Suffix Type: St
  • State: TN
  • City Name: Gallatin
  • Carrier Code: C012
  • 4-Digit Zip Code: 2136
  • Zip Code: 37066

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $824
  • Tax Rate Code Area: 83A01

    Appraisal Valuation

  • Standard Deviation: 0.1972
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 207,875
  • High Value: 248,888
  • Low Value: 166,861

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,050
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Mar 26, 2021
  • First Open Lien Mortgage Loan Amount: $160,050
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $108,000
  • Market Land Value: $46,400
  • Market Improvement Value: $61,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $11,600
  • Assessed Improvements Value: $15,400

    Sales

  • Current Sale Contract Date: Mar 23, 2021
  • Current Sale Recording Date: Mar 26, 2021
  • Current Sale Transaction ID: 11829405608
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1356796
  • Previous Sale Recording Date: Oct 09, 2018
  • Previous Sale Contract Date: Sep 28, 2018
  • Previous Sale Amount: $108,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Mar 26, 2021
  • First Mortgage Loan Amount: $160,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CMG MORTGAGE INC
  • Previous Mortgage Transaction Date: Oct 09, 2018
  • Previous Mortgage Loan Amount: $86,400
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2033

About Gallatin



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Frequently Asked Questions

What neighborhood is 705 Pace Street located in?
The 705 Pace Street is a house located in the neighborhood of Sumner in Gallatin, Gallatin.
What is the average sales price for listings in 705 Pace Street?
The average sales price for units in 705 Pace Street is $0 currently.

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