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409 West Spring Street

409 West Spring Street, Lebanon, TN 37087
House in Wilson
Sold Jun 01, 2021
$925,000
$850,000 by Wilson Bank & Trust
Mortgage
Sold Oct 02, 2019
$750,000
$600,000 by First Freedom Bank
Mortgage Due Sep 22, 2039
409 West Spring Street 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 1909 and is 115 years old. However, we must point out that the home was most recently renovated and altered in 1995. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 409 West Spring Street has 4,203 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 3,297 ft and across the front of the lot is 932 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 detached garage for those who require parking. The garage measured 576 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. Love to swim? You'll be excited to find out that there is a pool on the property. 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 alum/vinyl siding. 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 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. 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, 409 West Spring Street sold most recently in May 24, 2021 for a total of $925,000. If you work out the math, that's approximately a cost of $220.08 per sqft. Before that, the property was also sold for $750,000 in Sep 27, 2019. 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 $0 in taxes each year. 409 West Spring Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $117,950. If we break it down further, the land itself was valued at $22,500. Improvements to the property, however, were assessed at a total of $95,450. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

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

Building Info

Overview

    General

  • Year Built: 1909
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • 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 Type: Attached
  • Garage Type: Detached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 3,297
  • Lot Size Frontage Feet: 932
  • Total Building Area: 4,203
  • Gross Building Area: 4,423
  • Building Area: 4,203
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 4,203
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILLARD M WEST JR PROP
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PB 25 PG 932 LOT 1 93.2 X 329.69 IRR

Ownership

  • Current Owner : SABEL MATTHEW A
  • Current Owner 2: SABEL CATHERINE KENNEDY
  • Previous Owner : HINESLEY JULIAN HOWARD
  • Previous Owner 2: HINESLEY SARAH CATHERINE
  • Owner Before Previous Owner: MARKS AIMEE
  • Owner Before Previous Owner 2: SHOAF AIMEE MARKS
  • 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: 068F
  • District: 10
  • Parcel: 068F-D-017.00
  • Lot: 1
  • Municipality: LEBANON
  • Latitude: 36.2062
  • Longitude: -86.3003

    Address

  • Full Address: 409 W Spring St
  • Address - House Number: 409
  • Street Direction: W
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: TN
  • City Name: Lebanon
  • Carrier Code: C013
  • 4-Digit Zip Code: 3507
  • Zip Code: 37087

Valuation

    Tax

  • Total Area: 2,396
  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 95E01

    Appraisal Valuation

  • Standard Deviation: 0.1849
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 636,360
  • High Value: 754,085
  • Low Value: 518,636

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,045,000
  • First Open Lien Mortgage Lender: WILSON BANK & TRUST
  • First Open Lien Mortgage Recording Date: Jun 01, 2021
  • First Open Lien Mortgage Loan Amount: $850,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: WILSON BANK & TRUST
  • Second Open Lien Mortgage Recording Date: Jan 02, 2024
  • Second Open Lien Mortgage Loan Amount: $195,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Dec 22, 2038

    Market Valuation

  • Market Total Value: $471,800
  • Market Land Value: $90,000
  • Market Improvement Value: $381,800

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $117,950
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $95,450

    Sales

  • Current Sale Contract Date: May 24, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Transaction ID: 11836875711
  • Current Sale Price: $925,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21019209
  • Previous Sale Recording Date: Oct 02, 2019
  • Previous Sale Contract Date: Sep 27, 2019
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILSON BANK & TRUST
  • First Mortgage Transaction Date: Jun 01, 2021
  • First Mortgage Loan Amount: $850,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FREEDOM BANK
  • Previous Mortgage Transaction Date: Oct 02, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Credit Line (Revolving)
  • Previous Mortgage Loan Due Date: Sep 22, 2039

About Lebanon



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Frequently Asked Questions

What neighborhood is 409 West Spring Street located in?
The 409 West Spring Street is a house located in the neighborhood of Wilson in Lebanon, Lebanon.
What is the average sales price for listings in 409 West Spring Street?
The average sales price for units in 409 West Spring Street is $0 currently.

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