NOT LISTED FOR SALE

1243 N Ocoee St Cleveland, TN 37311

Estimated Value: $459,000 - $796,388

4 Beds
3 Baths
2,344 Sq Ft
$255/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $335,000 $143 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,314/month

16 Days on Market

Highlights

  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • No HOA
  • Wood Flooring
  • High Ceiling
  • 5-minute walk to Lee University's Alumni Park

About This Home

As of April 2022

A rare opportunity to buy in a million dollar historic neighborhood! This 4 bedroom 3 bath home is looking for a new owner to bring it back to it's former glory. Directly across the street from Lee University this home sits among one of the most beautiful historic settings in all of Tennessee. Don't miss the incredible potential this home has to offer. This home is being sold ''as is'' but it does have a brand new roof installed in January of this year. Schedule your appointment today!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,372

Year Built

  • Built in 1922

Lot Details

  • 0.26 Acre Lot
  • Level Lot

Parking

  • 1 Car Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,344 Sq Ft Home
  • Property has 3 Levels
  • High Ceiling
  • Living Room with Fireplace
  • Unfinished Basement

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Schools

  • Mayfield Elementary School
  • Cleveland Middle School
  • Cleveland High School

Additional Features

  • Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 049L C 01100 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,372

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1922
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: High Ceilings, Primary Bedroom Main Floor
  • Appliances: Refrigerator
  • Fireplace Features: Living Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Other
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Has Basement: Unfinished
  • Building Area Units: Square Feet
  • Living Area: 2344
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Stone, Vinyl Siding, Other, Brick
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Amenities: Sidewalks
  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.26
  • Lot Size: -
  • Lot Size Units: Acres
  • Parcel #: 049L C 01100 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2372

MLS Schools

  • Elementary School: Mayfield Elementary
  • High School: Cleveland High
  • Middle Or Junior School: Cleveland Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2022
Closed on
Mar 30, 2022
Sold by
Akhdary Andrew Faheem
Bought by
Hodge J Adam
List Price
$347,500
Sold Price
$335,000
Premium/Discount to List
-$12,500
-3.6%
Current Estimated Value
$596,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,847
Avg. Annual Appreciation
16.84%
Original Mortgage
$343,000
Interest Rate
3.89%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 15, 2005
Sold by
Emily Akhdary H
Bought by
Akhdary Andrew Faheen

Purchase Details

Closed on
Mar 19, 2004
Sold by
Emily Akhdary H
Bought by
Akhdary Andrew Faheen
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hodge J Adam $335,000 Professional Title Services
Akhdary Andrew Faheen $130,000 --
Akhdary Andrew Faheen $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hodge J Adam $343,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $335,000 -3.6% $143 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
01/28/2022 01/28/22 For Sale $347,500 -- $148 / 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 $2,091 $195,300 $38,975 $156,325
2024 $2,091 $145,300 $26,800 $118,500
2023 $1,958 $62,100 $26,800 $35,300
2022 $1,958 $62,100 $26,800 $35,300
2021 $1,958 $62,100 $0 $0
2020 $2,372 $62,100 $0 $0
2019 $2,372 $61,725 $0 $0
2018 $2,544 $0 $0 $0
2017 $1,272 $0 $0 $0
2016 $2,397 $0 $0 $0
2015 $1,234 $0 $0 $0
2014 $1,230 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2916134

Realtracs

APN: 049L-C-011.00