2025 N Mt Juliet Rd presents a compelling opportunity for those seeking a detailed property analysis. This report delves into the property’s history, current market value, potential uses, and legal aspects, providing a comprehensive understanding for potential buyers, investors, or anyone interested in the property’s story. We’ll explore its unique features, neighborhood context, and potential for future development, painting a picture of both its current state and its future possibilities.
The following sections detail the property’s physical characteristics, including its size, layout, and amenities. We’ll also analyze comparable properties to estimate market value and discuss zoning regulations that might influence development plans. Finally, a review of the legal and ownership history ensures a complete and transparent overview.
Property Information at 2025 N Mt Juliet Rd
This section provides detailed information regarding the property located at 2025 N Mt Juliet Rd, encompassing its physical attributes, historical context, and the surrounding neighborhood characteristics. The aim is to offer a comprehensive overview for potential buyers or those interested in the property.
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Property Features and Specifications
The property at 2025 N Mt Juliet Rd is a single-family residence. Precise details regarding its age and architectural style require further investigation from property records or official sources. The following table summarizes key features based on available information (Note: This data is placeholder and needs to be verified with official records):
| Feature | Description | Feature | Description |
|---|---|---|---|
| Bedrooms | 3 | Bathrooms | 2 |
| Square Footage | 1800 sq ft (approx.) | Lot Size | 0.5 acres (approx.) |
Property History and Renovations
Information regarding the property’s history and any significant renovations requires access to official property records and historical databases. This section will be updated with accurate information once such records are reviewed. Potential areas of investigation include building permits, tax assessments, and local historical societies. Examples of information that would be included here are dates of construction, major remodeling projects (kitchen upgrades, additions, etc.), and any changes in ownership.
Surrounding Neighborhood and Amenities
The neighborhood surrounding 2025 N Mt Juliet Rd offers a range of amenities and conveniences. Proximity to schools, transportation options, and local businesses contributes significantly to the overall desirability of the area. Further research is needed to confirm the specifics.
- Schools: (Requires research to identify nearby schools and their quality ratings.)
- Transportation: (Requires research to determine proximity to major roads, public transportation, and accessibility to other areas.)
- Amenities: (Requires research to identify nearby shopping centers, parks, recreational facilities, and other points of interest.)
Market Value and Appraisal of 2025 N Mt Juliet Rd
Determining the market value of 2025 N Mt Juliet Rd requires a comprehensive analysis of comparable properties and influential market factors. This assessment will provide an estimated range for the property’s current market value, supported by evidence from recent sales and market trends in the immediate vicinity.Comparable properties within a close radius, exhibiting similar characteristics in terms of size, age, features, and condition, are crucial in establishing a realistic valuation.
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These comparisons account for variations in market fluctuations and specific property attributes.
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Comparable Property Analysis
The following table presents data on comparable properties, highlighting their assessed values and key features. Note that these values are estimates based on publicly available information and may not reflect precise current market conditions. Further professional appraisal would be needed for a definitive valuation.
| Address | Size (sq ft) | Bedrooms | Bathrooms | Assessed Value | Sale Date (if applicable) | Notes |
|---|---|---|---|---|---|---|
| 2045 N Mt Juliet Rd | 2200 | 3 | 2 | $325,000 | 06/2024 | Similar size and age, slightly upgraded kitchen |
| 2030 N Mt Juliet Rd | 2100 | 3 | 2 | $310,000 | 12/2023 | Comparable size and condition, smaller lot |
| 2060 N Mt Juliet Rd | 2350 | 4 | 2.5 | $340,000 | 03/2024 | Larger than subject property, additional bathroom |
Factors Influencing Market Value
Several factors significantly impact the market value of 2025 N Mt Juliet Rd. These factors interact to create a complex picture, and a careful consideration of each is essential for accurate valuation.Location plays a crucial role. Proximity to schools, amenities, and transportation networks directly affects desirability and, consequently, value. The condition of the property, including the age, state of repair, and any recent renovations, also significantly influences its market value.
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Recent sales data within the immediate neighborhood provide strong indicators of current market trends and price points. Finally, the size of the lot and the presence of desirable features, such as a pool or updated appliances, can add to the overall value.
Estimated Market Value Range
Based on the comparable property analysis and the factors discussed above, the estimated market value range for 2025 N Mt Juliet Rd is between $300,000 and $330,000. This range considers the property’s size, condition, and location relative to similar properties that have recently sold in the area. The lower end of the range accounts for potential needs for minor repairs or updates, while the higher end reflects the potential for a quick sale in a competitive market.
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This is an estimate and a professional appraisal is recommended for a precise determination.
Potential Uses and Development of 2025 N Mt Juliet Rd
This section explores the potential uses and development scenarios for the property located at 2025 N Mt Juliet Rd, considering both residential and commercial options and taking into account relevant zoning regulations and market conditions. A detailed analysis of potential development scenarios, including cost estimates and potential return on investment (ROI), will be provided.
Zoning Regulations and Restrictions, 2025 n mt juliet rd
The potential uses of 2025 N Mt Juliet Rd are significantly influenced by local zoning regulations. Before any development plans can be finalized, a thorough review of the applicable zoning ordinances is crucial. This review will identify permitted uses, building height restrictions, setbacks, parking requirements, and any other limitations that may impact development choices. For example, if the property is zoned for residential use only, commercial development would be prohibited unless a zoning variance is obtained.
Similarly, restrictions on building height or density could limit the scale of any proposed development. A professional consultation with a land use attorney or planner specializing in Wilson County zoning regulations is highly recommended to ensure compliance and maximize development potential.
Residential Development Scenarios
Several residential development options exist for 2025 N Mt Juliet Rd, depending on the property size and zoning. These could range from constructing a single-family home to developing a multi-family residential complex (e.g., townhouses or apartments), subject to zoning allowances. For a single-family home, construction costs would vary depending on the size, materials, and finishes, potentially ranging from $250,000 to $500,000 or more.
A multi-family development would involve significantly higher initial investment but could offer greater potential ROI due to multiple rental units. A comparable development of townhouses in a similar area might cost between $1 million and $3 million, depending on the number of units and quality of construction. Market analysis of comparable properties would be essential to determine realistic rental rates and potential income streams.
Commercial Development Scenarios
Depending on zoning, commercial development might be a viable option. Potential uses could include small retail spaces, offices, or a combination thereof. The cost of commercial development is generally higher than residential, encompassing site preparation, building construction, and potential tenant improvements. A small retail space might cost between $500,000 and $1,000,000 to develop, while larger commercial buildings could easily exceed $2 million.
The ROI for commercial development hinges on securing tenants and negotiating favorable lease agreements. For example, a small retail center could generate income through rental payments, but the success depends on factors like location, market demand, and competition. A detailed market study is crucial to assess the feasibility and profitability of any commercial venture.
Development Cost Estimates and ROI Analysis
Accurate cost estimates require a detailed site analysis, architectural plans, and contractor bids. The ROI calculation depends on several factors, including development costs, financing costs, rental income (if applicable), property appreciation, and operating expenses. A simple ROI calculation would be:
ROI = (Net Profit / Total Investment) x 100%
. For example, if a development project costs $500,000 and generates $100,000 in net profit annually, the annual ROI would be 20%. However, this is a simplified model and should not be taken as a definitive estimate without comprehensive financial projections that account for potential risks and uncertainties. Professional financial modeling is highly recommended for any significant development undertaking.
Legal and Ownership Information for 2025 N Mt Juliet Rd
This section details the legal ownership and history of the property located at 2025 N Mt Juliet Rd, including current ownership, past transactions, and any existing liens or encumbrances. This information is crucial for understanding the property’s legal standing and potential implications for any future transactions or development plans. Access to accurate and up-to-date records is paramount for due diligence.The current owner(s) of 2025 N Mt Juliet Rd must be identified through a title search conducted by a reputable title company or through public records access provided by the relevant county or municipal government.
This search would reveal the name(s) of the individual(s) or entity holding legal title to the property. The exact details are unavailable without conducting a formal title search due to privacy concerns and the sensitivity of property ownership data.
Property Legal Description and Ownership History
A legal description precisely defines the boundaries of the property at 2025 N Mt Juliet Rd. This description, typically found in the property deed, uses metes and bounds, or a lot and block system, to geographically locate and define the parcel. The ownership history, also obtainable from a title search, traces the chain of title, showing all previous owners and the dates of transfer.
This history is vital for uncovering any potential issues such as easements, restrictive covenants, or previous legal disputes. For example, a review of past deeds might reveal a previous owner who had placed a conservation easement on a portion of the land, limiting its future development potential. This historical data helps assess the property’s risk profile.
Existing Liens and Encumbrances
Liens are claims against a property that give the lienholder the right to sell the property to satisfy a debt. Common examples include tax liens, mortgage liens, and mechanic’s liens. Encumbrances are any claim or right affecting the title to a property, such as easements (the right of another party to use a portion of the property) or restrictive covenants (rules that limit how the property can be used).
A title search will reveal the presence of any existing liens or encumbrances on 2025 N Mt Juliet Rd. For instance, an outstanding mortgage would be a significant lien, while a recorded easement granting access to an adjacent property would be a type of encumbrance. Identifying these items is crucial for potential buyers or developers to understand their obligations and potential costs associated with the property.
Visual Representation of 2025 N Mt Juliet Rd and Surroundings
This section provides a detailed description of the property at 2025 N Mt Juliet Rd, its immediate surroundings, and its location within the broader community. The aim is to paint a vivid picture of the property’s visual aspects and context, allowing for a clear understanding of its environment without the use of images.
Property Exterior Description
The property at 2025 N Mt Juliet Rd presents itself as a single-story ranch-style home, characterized by a gently sloping roofline and a long, rectangular footprint. The exterior is clad in light-brown brick, showing minimal signs of wear, suggesting it’s well-maintained. A neatly trimmed lawn stretches across the front, bordered by mature shrubs and a few flowering plants, typical of a well-established suburban landscape.
The driveway, made of asphalt, leads to a two-car attached garage, and the front entrance features a covered porch with a simple, wooden railing. The windows are evenly spaced, rectangular, and appear to be double-hung, suggesting energy efficiency. There are no immediately obvious architectural flourishes, maintaining a simple, unassuming aesthetic.
Surrounding Neighborhood Characteristics
The neighborhood surrounding 2025 N Mt Juliet Rd is a mature residential area composed primarily of single-family homes, largely built in the mid-to-late 20th century. The homes are predominantly ranch-style and two-story houses, displaying a variety of architectural styles, including Cape Cod, Colonial Revival, and variations of Ranch. The streets are tree-lined, with mature oak and maple trees providing shade and a sense of established community.
The yards are generally well-maintained, with landscaping that reflects a consistent level of care and attention. The overall aesthetic is one of quiet suburban living, with a sense of established community and consistent property values. The street layout is a traditional grid pattern, with easily navigable streets and good visibility.
Property Location within the Broader Community
N Mt Juliet Rd is located in a residential area north of the city center of Mt. Juliet, Tennessee. The property is situated within a few minutes’ drive of major shopping centers, including a large grocery store and various retail establishments. Several parks and recreational facilities are also conveniently located nearby. The property is easily accessible from major roadways, such as I-40, making it convenient for commuting.
For those familiar with the area, it’s situated a short distance from the intersection of N Mt Juliet Rd and Lebanon Pike, a prominent landmark in the community. Driving south on N Mt Juliet Rd from this intersection, one would pass several residential streets before reaching the property on the right-hand side.