NOT LISTED FOR SALE

1171 S Jefferson Ave Cookeville, TN 38506

Seven Neighborhood

Estimated Value: $14,390,420

0.47 Acre
$30,617,915 Price per Acre
20,473 Sq Ft Lot

Last Sold August 31, 2016

Last sale price $375,000

Est. 3,737% increase in value since last sale

Current estimated payment $86,655/month

About This Lot

As of August 2016

Prime commercial lot.

Last Agent to Sell the Property

Tammy Jo Atkins

American Way Real Estate Brokerage Phone: 9315269581 Listed on: 05/27/2016

Last Buyer's Agent

Tammy Jo Atkins

American Way Real Estate Brokerage Phone: 9315269581 Listed on: 05/27/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,508

Lot Details

  • 0.47 Acre Lot
  • Level Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 086.00

Property Details

Property Type

Land

Est. Annual Taxes

$2,508

Lot Details

0

Listing Details

  • Attribution Contact: 9315269581
  • Directions: PCCH: Go S on Jefferson Ave towards Sparta, lot by Carmike Cinemas.
  • Prop. Type: Land
  • Property Sub Type: Commercial
  • Lot Size Acres: 0.47
  • Lot Size: 100 x 204.64 IRR
  • Road Frontage Type: Town/City
  • Subdivision Name: None
  • Special Features: None

Interior Features

  • Possible Use: Commercial

Exterior Features

  • Topography: Level

Utilities

  • Electric: City
  • Sewer: Public Sewer
  • Gas Company: N/A
  • Electricity On Property: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available
  • Water Source: N/A

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 20473.2
  • Farm Land Area Units: Square Feet
  • Parcel #: 086.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 2507.55
  • Tax Book Number: 473
  • Tax Map Number: 066

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2023
Sold by
Shreeji Swami Cookeville Llc
Bought by
Shreeji-Swami Ckvl Llc
Current Estimated Value
$14,390,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,929,714
Outstanding Balance
$8,043,476
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$6,147,554

Purchase Details

Closed on
May 7, 2021
Sold by
Shreeji Swami Cookeville Llc
Bought by
State Of Tennessee

Purchase Details

Listed on
May 27, 2016
Closed on
Aug 31, 2016
Sold by
Martin Danny Llc
Bought by
Shreeji Swami Cookeville Llc
Seller's Agent
Tammy Jo Atkins
American Way Real Estate
Buyer's Agent
Tammy Jo Atkins
American Way Real Estate
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.74%

Purchase Details

Closed on
Jun 26, 2008
Sold by
Wood Glenn N
Bought by
Martin Danny Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.02%

Purchase Details

Closed on
Jan 23, 1997
Sold by
Myers Theola B
Bought by
Wood and Carol

Purchase Details

Closed on
Jan 10, 1978
Bought by
Myers Theola B Etvir Robert E
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Shreeji-Swami Ckvl Llc $13,000,000 Midtown Title
State Of Tennessee -- None Available
Shreeji Swami Cookeville Llc $375,000 --
Martin Danny Llc $275,000 --
Wood $160,000 --
Thompson -- --
Myers Theola B Etvir Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shreeji-Swami Ckvl Llc $10,929,714
Previous Owner Cookeville Hospitality Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $375,000 0.0% --
01/01/1970 01/01/70 Off Market $375,000 -- --
Source: Upper Cumberland Association of REALTORS®

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
2024 $98,943 $2,763,760 $217,200 $2,546,560
2023 $98,943 $2,763,760 $217,200 $2,546,560
2022 $90,983 $2,763,760 $217,200 $2,546,560
2021 $90,983 $2,763,760 $217,200 $2,546,560
2020 $103,049 $2,763,760 $217,200 $2,546,560
2019 $11,974 $2,631,480 $305,760 $2,325,720
2018 $10,915 $305,760 $305,760 $0
2017 $10,915 $305,760 $305,760 $0
2016 $3,392 $305,760 $305,760 $0
2015 $3,520 $95,000 $95,000 $0
2014 $2,508 $67,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 175651

Upper Cumberland Association of REALTORS®

APN: 066-086.00