NOT LISTED FOR SALE

1506 Russell Ave Jefferson City, TN 37760

Estimated Value: $471,000 - $565,000

4 Beds
4 Baths
4,078 Sq Ft
$127/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $425,000 $104 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,839/month

76 Days on Market

Highlights

  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Separate Formal Living Room
  • Wood Flooring
  • 1 Fireplace
  • Corner Lot

About This Home

As of August 2022

*Seller offering home warranty, will pay up to $4,000 of buyers closing costs and $1,000 allowance for basement bathroom update. Charming 4BR, 4Bath traditional style home with 4,000 SQUARE FEET located in the heart of Carson Newman University. Built in 1940, this home boasts with personality with original hardwood, interior doors & knobs and has been cared for throughout the years only having 2 owners. Professional landscaping with beautiful rose bushes from Charleston,SC as well as wildflowers, lavender, ferns & daylily. Multiple patios for entertaining with mature trees. Updated Country French kitchen with quartz countertops, rolling island, stainless steel appliances & built-in convection oven. Updated bathrooms with tile walk-in showers, modern lighting through Main suite on main level with walk-in closet, private bath & antique foot bath. The glass sunroom with separate entry could be used as an office/library. Solar powered motion detector lighting provides extra outdoor security. Once called home to a professor, the enclosed porch was once a classroom with the original chalkboard and projection screen which can be stowed in the ceiling and built-in bookcases/storage. Abundance of attic & additional storage upstairs and throughout the home. Partially finished basement with separate entrance, bath and kitchenette with sink/mini-fridge can be used as additional living quarters or entertaining space. Seller to provide $1,000 allowance at closing to complete tile project of shower downstairs. New privacy fence along back of property installed! Laundry currently on main level. Washer/dryer connect also in basement. All of this on corner lot within walking distance to Carson Newman. Schedule your private showing today! Buyer to verify square footage. Home sold as-is. Inspection for buyer information only.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,622

Year Built

  • Built in 1940

Lot Details

  • 0.75 Acre Lot
  • Lot Dimensions are 98.5 x 116 x 135.5 x 164.4
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Separate Formal Living Room
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Schools

  • Jefferson Co High School

Utilities

  • Central Air
  • Heating Available
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 023E D 00100 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,622

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1940
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor, High Speed Internet
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile, Vinyl
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 3493
  • Below Grade Sq Ft: 585
  • Building Area Units: Square Feet
  • Living Area: 4078
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Vinyl Siding, Other, Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Utilities: Cable Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.75
  • Lot Size: 98.5 x 116 x 135.5 x 164.4
  • Lot Size Units: Acres
  • Parcel #: 023E D 00100 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1622

MLS Schools

  • High School: Jefferson Co High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Aug 15, 2022
Sold by
Kountz Robin C
Bought by
Schultz Christopher and Schultz Carly
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Current Estimated Value
$518,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,797
Avg. Annual Appreciation
6.41%
Original Mortgage
$376,000
Outstanding Balance
$360,011
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$158,786

Purchase Details

Closed on
Feb 19, 2010
Sold by
Myers James K
Bought by
Kountz Robin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.97%

Purchase Details

Closed on
Jul 17, 1967
Bought by
Myers Albert L and Myers Katherine B
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schultz Christopher $425,000 None Listed On Document
Kountz Robin C $135,000 --
Myers Albert L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schultz Christopher $376,000
Previous Owner Myers Albert L $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $425,000 -10.5% $104 / Sq Ft
07/04/2022 07/04/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $475,000 -- $116 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,413 $117,775 $9,200 $108,575
2023 $2,726 $77,875 $0 $0
2022 $1,622 $47,850 $7,000 $40,850
2021 $1,622 $47,850 $7,000 $40,850
2020 $1,622 $47,850 $7,000 $40,850
2019 $1,622 $47,850 $7,000 $40,850
2018 $1,577 $44,425 $5,750 $38,675
2017 $1,577 $44,425 $5,750 $38,675
2016 $1,577 $44,425 $5,750 $38,675
2015 $1,555 $44,425 $5,750 $38,675
2014 $1,533 $44,425 $5,750 $38,675
Source: Public Records

Map

Source: Realtracs

MLS Number: 2893780

Realtracs

APN: 023E-D-001.00