NOT LISTED FOR SALE

2505 Cumberland Trace NW Cleveland, TN 37312

Estimated Value: $449,000 - $498,000

3 Beds
2 Baths
2,231 Sq Ft
$208/Sq Ft Est. Value

Last Sold February 04, 2014

Last sale price $256,000 $115 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,513/month

96 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Bonus Room
  • Candy's Creek Cherokee Elementary School Rated A-
  • 1 Fireplace
  • No HOA

About This Home

As of February 2014

Under Construction in Cumberland Way S/D! Wonderful ranch home, 3BR, 2BA, plus great room, laundry room, formal dining, and finished bonus room! Great room with gas fireplace. Kitchen boasts custom cabinets, dishwasher, flat surface range, microwave, and granite counters! Master suite offers jetted tub plus separate tile shower. Hardwood floors throughout most of the home with carpet and ceramic tile.

Last Agent to Sell the Property

Rhonda McClure

KW Cleveland License #262047 Listed on: 08/30/2013

KW Cleveland

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $288

Year Built

  • Built in 2013

Lot Details

  • 0.36

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 2,231 Sq Ft Home
  • 1 Fireplace
  • Vinyl Clad Windows
  • Living Room
  • Dining Room
  • Bonus Room
  • Utility Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Parking Available
  • Garage Door Opener

Additional Features

  • Lot Dimensions are 115.98x134
  • Zoned Heating and Cooling System

Community Details

  • No Home Owners Association
  • Cumberland Way Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$288

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Directions: West on 25th St to left onto Candies Lane, left onto Freewill Rd, left into Cumberland Way S/D, home on left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2013
  • Lot Size: 115.98x134
  • Subdivision Name: Cumberland Way
  • Architectural Style: Traditional
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Microwave
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Vinyl
  • Construction Type: Stone, Brick

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, Main Level, 2 Car Garage

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2013
Closed on
Feb 4, 2014
Sold by
Arthur Timothy I
Bought by
Marr David F and Marr Carol A
Seller's Agent
Rhonda McClure
KW Cleveland
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$256,000
Current Estimated Value
$454,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,717
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Jul 25, 2013
Sold by
Mcclure Richard W
Bought by
Arthur Timothy I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,560
Interest Rate
4.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 6, 2010
Sold by
Malakhov Aleksander I
Bought by
Mcclure Richard W

Purchase Details

Closed on
Jun 21, 2006
Sold by
Sharp James E
Bought by
Malakhov Aleksander I

Purchase Details

Closed on
Jun 20, 2006
Sold by
Sharp James E
Bought by
Malakhov Aleksander I
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
Marr David F $256,000 --
Arthur Timothy I $37,000 --
Mcclure Richard W $28,500 --
Malakhov Aleksander I $33,500 --
Malakhov Aleksander I $33,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arthur Timothy I $152,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2014 02/04/14 Sold $256,000 -- $115 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $288 $81,050 $15,000 $66,050
2023 $2,554 $81,050 $15,000 $66,050
2022 $2,554 $81,050 $15,000 $66,050
2021 $2,554 $81,050 $0 $0
2020 $2,488 $81,050 $0 $0
2019 $2,488 $64,750 $0 $0
2018 $2,668 $0 $0 $0
2017 $1,334 $0 $0 $0
2016 $2,101 $0 $0 $0
2015 $1,081 $0 $0 $0
2014 $190 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rhonda McClure

    KW Cleveland

    (423) 618-8575

    181 Total Sales

    Section Image

  • N

    Buyer's Agent in 2014

    Non Member Non Member

    Non-Member Office

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 859825

East Tennessee REALTORS® MLS

APN: 041H-G-004.00

Tennessee Bradley County Cleveland 37312

2505 Cumberland Trace NW, Cleveland, TN

This home is located at 2505 Cumberland Trace NW, Cleveland, TN 37312 since 30 August 2013 and is currently estimated at $464,614, approximately $208 per square foot. This property was built in 2013. 2505 Cumberland Trace NW is a home located in Bradley County with nearby schools including Candy's Creek Cherokee Elementary School, Cleveland Middle School, and Cleveland High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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