NOT LISTED FOR SALE

1431 Fairoak Ln Cleveland, TN 37312

Estimated Value: $278,326 - $326,000

3 Beds
2 Baths
1,248 Sq Ft
$245/Sq Ft Est. Value

Last Sold March 12, 2020

Last sale price $195,000 $156 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $1,678/month

16 Days on Market

Highlights

  • Deck
  • No HOA
  • Walk-In Closet
  • North Lee Elementary School Rated A-
  • Porch
  • Cooling Available

About This Home

As of March 2020

On the North Side of Cleveland is this great home with basement. Large Yard, front and back. Located in a cul-de-Sac. Fireplace, Gas or Electric. This home is a ready to move in home, so, just sit your furniture down and start living. Take a look at the photos and decided for yourself to call for an appointment, but call today. It may not last long.

Last Agent to Sell the Property

Grace Edrington

Berkshire Hathaway HomeServices J Douglas Prop. License #291147 Listed on: 01/20/2020

Berkshire Hathaway HomeServices J Douglas Prop.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $717

Year Built

  • Built in 1996

Lot Details

  • 0.48 Acre Lot

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • Property has 3 Levels
  • Electric Fireplace
  • ENERGY STAR Qualified Windows
  • Living Room with Fireplace
  • Carpet
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • North Lee Elementary School
  • Ocoee Middle School
  • Walker Valley High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Asterwood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027P A 01900 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$717

Year Built

Built in 1996

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1996
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Open Floorplan, Walk-In Closet(s), Primary Bedroom Main Floor
  • Appliances: Microwave, Dishwasher
  • Fireplace Features: Living Room, Electric
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Other
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 1248
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Vinyl Siding, Brick
  • Patio And Porch Features: Deck, Patio, Porch
  • Pool Private: No
  • Roof: Asphalt
  • 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: Garage Door Opener, Garage Faces Side
  • Total Parking Spaces: 1

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Green Features

  • Efficiency: Windows

Lot Info

  • Lot Features: Cul-De-Sac, Other
  • Lot Size Acres: 0.48
  • Lot Size: 115x170 IR
  • Lot Size Units: Acres
  • Parcel #: 027P A 01900 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 717

MLS Schools

  • Elementary School: North Lee Elementary School
  • High School: Walker Valley High School
  • Middle Or Junior School: Ocoee Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2020
Closed on
Mar 12, 2020
Sold by
Berger Lynette Diane and Malone Nathaniel Edward
Bought by
Henderson Jarad Ray and Henderson Mary
Seller's Agent
Grace Edrington
Berkshire Hathaway HomeServices J Douglas Prop.
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$306,082

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,082
Avg. Annual Appreciation
8.40%
Original Mortgage
$191,468
Outstanding Balance
$169,572
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$136,510

Purchase Details

Closed on
Jan 26, 2017
Sold by
Berger Lynette Diane
Bought by
Berger Lynette Diane and Malone Nathaniel Edward

Purchase Details

Closed on
Sep 17, 2001
Sold by
Malone Martin E
Bought by
Malone Lynnette D

Purchase Details

Closed on
Mar 28, 1996
Sold by
Brown Craig
Bought by
Malone Martin
Source: Public Records

Range of Values:

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Average Value
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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
Henderson Jarad Ray $195,000 Title Insurance Company
Berger Lynette Diane -- --
Malone Lynnette D -- --
Malone Martin $81,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henderson Jarad Ray $191,468
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2020 03/12/20 Sold $195,000 0.0% $156 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $195,000 -- $156 / 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
2024 $723 $40,625 $4,250 $36,375
2023 $723 $40,625 $4,250 $36,375
2022 $723 $40,625 $4,250 $36,375
2021 $723 $40,625 $0 $0
2020 $717 $40,625 $0 $0
2019 $717 $32,250 $0 $0
2018 $682 $0 $0 $0
2016 $681 $0 $0 $0
2015 $675 $0 $0 $0
2014 $548 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Grace Edrington

    Seller's Agent in 2020

    Grace Edrington

    Berkshire Hathaway HomeServices J Douglas Prop.

    (423) 280-2865

    2,607 Total Sales

    Grace Edrington
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Map

Source: Realtracs

MLS Number: 2917425

Realtracs

APN: 027P-A-019.00

Tennessee Bradley County Cleveland 37312

1431 Fairoak Ln, Cleveland, TN

This home is located at 1431 Fairoak Ln, Cleveland, TN 37312 since 20 January 2020 and is currently estimated at $306,082, approximately $245 per square foot. This property was built in 1996. 1431 Fairoak Ln is a home located in Bradley County with nearby schools including North Lee Elementary School, Ocoee Middle School, and Walker Valley High School.

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