NOT LISTED FOR SALE

2506 NE Elm Ln Cleveland, TN 37312

Estimated Value: $272,000 - $302,000

3 Beds
2 Baths
1,714 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 13, 2020

Last sale price $187,600 $109 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,616/month

1 Day on Market

Highlights

  • Open Floorplan
  • Entrance Foyer
  • Zero Lot Line
  • No HOA
  • Tile Flooring
  • 4-minute walk to Cherokee National Forest

About This Home

As of November 2020

This house screams location location location! Right off of Ocoee street in a culdesac, this 3 bedroom 2 bath home is perfect. Centrally located and even near the greenway. Wood burning fireplace just in time for the holidays.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,259

Year Built

  • Built in 1960

Lot Details

  • 0.56 Acre Lot
  • Zero Lot Line

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,714 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • ENERGY STAR Qualified Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Den with Fireplace
  • Tile Flooring
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Garage Door Opener

Schools

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

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sullivan Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 050A Q 00400 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,259

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1960
  • Unit Levels: Three Or More
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Entry Foyer, Open Floorplan, Primary Bedroom Main Floor
  • Appliances: Refrigerator
  • Fireplace Features: Den, Family Room
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 1714
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Other, Brick
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Detached

Utilities

  • 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: Zero Lot Line
  • Lot Size Acres: 0.56
  • Lot Size: 050A Q 004.00
  • Lot Size Units: Acres
  • Parcel #: 050A Q 00400 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1259

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
Nov 3, 2020
Closed on
Nov 13, 2020
Sold by
Cox Brittany D
Bought by
Carbaugh Chester
List Price
$189,900
Sold Price
$187,600
Premium/Discount to List
-$2,300
-1.21%
Current Estimated Value
$297,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,203
Avg. Annual Appreciation
8.67%

Purchase Details

Closed on
Feb 14, 2017
Sold by
Mcintire Amber L
Bought by
Cox Brittany D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,107
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 25, 2012
Sold by
Williams Al L
Bought by
Mcintire Amber L and Mcintire Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,958
Interest Rate
3.75%
Mortgage Type
FHA
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
Carbaugh Chester $187,600 None Available
Cox Brittany D $137,600 --
Mcintire Amber L $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cox Brittany D $135,107
Previous Owner Mcintire Amber L $116,958
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2020 11/13/20 Sold $187,600 -1.2% $109 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $189,900 -- $111 / 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 $649 $67,650 $13,125 $54,525
2024 $649 $45,100 $10,450 $34,650
2023 $1,422 $45,100 $10,450 $34,650
2022 $1,422 $45,100 $10,450 $34,650
2021 $1,422 $45,100 $0 $0
2020 $1,259 $45,100 $0 $0
2019 $1,259 $32,775 $0 $0
2018 $1,350 $0 $0 $0
2017 $675 $0 $0 $0
2016 $1,076 $0 $0 $0
2015 $554 $0 $0 $0
2014 $552 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2722542

Realtracs

APN: 050A-Q-004.00