NOT LISTED FOR SALE

2518 Cumberland Trace NW Cleveland, TN 37312

Estimated Value: $442,000 - $490,000

4 Beds
3 Baths
2,284 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 30, 2014

Last sale price $260,000 $114 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,655/month

59 Days on Market

Highlights

  • Bonus Room
  • Corner Lot
  • 2 Car Attached Garage
  • Candy's Creek Cherokee Elementary School Rated A-
  • No HOA
  • Library

About This Home

As of May 2014

Gorgeous 4 bedroom, 3.5 bath home with all the perks of more expensive homes! Transom windows, granite and marble topped chest-style vanities, hardwood and marble floors, crown molding throughout entire home, Chef-inspired kitchen, three covered porches and spacious bedrooms. Other features include two master suites, office/sunroom, whirlpool tub, fully fenced rear yard, gazebo and so much more. Check out the virtual tour and see for yourself!

Last Agent to Sell the Property

Teresa Vincent

Century 21 1st Choice Realtors License #250853 Listed on: 03/04/2014

Last Buyer's Agent

Jennifer Browning

K W Cleveland License #315080

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,140

Year Built

  • Built in 2005

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 2,284 Sq Ft Home
  • 1.5-Story Property
  • Living Room
  • Library
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Stuart Elementary School
  • Cleveland Middle School
  • Cleveland High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Cumberland Way Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041H G 029.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,140

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: -1
  • Subdivision Name: Cumberland Way
  • Directions: East on 25th St to left on Candies Lane. Left on Cumberland Trace. Home on right.
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Living Area: 2284.0
  • New Construction: No
  • Year Built: 2005
  • Cooling:Electric: Yes
  • Location Tax and Legal Parcel Number2: 041H G 029.00
  • Location Tax and Legal Elementary School: Stuart Elementary
  • Location Tax and Legal Middle Or Junior School2: Cleveland Middle
  • Location Tax and Legal High School: Cleveland High
  • General Property Information Enhanced Accessible2: No
  • General Property Information New Construction YN: No
  • General Property Information Home Warranty YN: No
  • General Property Information Grazing Permits BLM YN3: No
  • General Property Information Carport YN: No
  • General Property Information Lot Size Dimensions: -1
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: No
  • Water Source:Public: Yes
  • Cooling:Central Air: Yes
  • Roof:Shingle: Yes
  • Levels:One and One Half: Yes
  • Special Features: None

Interior Features

  • Has Basement: None
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: No
  • Basement:None3: Yes

Exterior Features

  • Lot Features: Corner Lot, Level
  • View: No
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Fiber Cement
  • Roof: Shingle
  • Construction Materials:Fiber Cement: Yes
  • Lot Features:Level: Yes
  • Lot Features:Corner Lot: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Parcel #: 041H G 029.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2014
Closed on
May 30, 2014
Sold by
Dobbs Marty
Bought by
Bell Joshua and Bell Rebecca M
Seller's Agent
Teresa Vincent
Century 21 1st Choice Realtors
Buyer's Agent
Jennifer Browning
K W Cleveland
List Price
$260,000
Sold Price
$260,000
Current Estimated Value
$462,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,073
Avg. Annual Appreciation
5.09%
Original Mortgage
$247,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2010
Sold by
Federal National Mortgage Association
Bought by
Dobbs Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,076
Interest Rate
4.27%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2010
Sold by
Best David R
Bought by
Federal National Mtg Associati

Purchase Details

Closed on
Jun 8, 2006
Sold by
Raines Roger
Bought by
Patterson Lenora

Purchase Details

Closed on
Apr 6, 2006
Sold by
Auberry Kenneth J
Bought by
Best David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2006
Sold by
Auberry Kenneth J
Bought by
Best David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 20, 2005
Sold by
Ware Jay A
Bought by
Auberry Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,700
Interest Rate
5.61%

Purchase Details

Closed on
Jan 14, 2005
Sold by
Ware Jay A
Bought by
Auberry Kenneth J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,700
Interest Rate
5.61%

Purchase Details

Closed on
Jan 13, 2005
Sold by
Sharp James E
Bought by
Ware Jay A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,700
Interest Rate
5.61%
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
Bell Joshua $260,000 --
Dobbs Mary $220,000 --
Federal National Mtg Associati -- --
Patterson Lenora $145,000 --
Best David R $275,000 --
Best David R $275,000 --
Auberry Kenneth J $39,000 --
Auberry Kenneth J $39,000 --
Ware Jay A $34,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell Joshua $226,000
Closed Bell Joshua $247,000
Previous Owner Dobbs Marty $204,000
Previous Owner Ware Jay A $217,076
Previous Owner Ware Jay A $275,000
Previous Owner Best David R $275,000
Previous Owner Auberry Kenneth J $15,000
Previous Owner Auberry Kenneth J $245,700
Previous Owner Ware Jay A $39,908
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2014 05/30/14 Sold $260,000 0.0% $114 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
03/03/2014 03/03/14 For Sale $260,000 -- $114 / Sq Ft
Source: Greater Chattanooga 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 $1,140 $79,200 $15,000 $64,200
2023 $2,497 $79,200 $15,000 $64,200
2022 $2,497 $79,200 $15,000 $64,200
2021 $2,497 $79,200 $0 $0
2020 $2,380 $79,200 $0 $0
2019 $2,380 $61,950 $0 $0
2018 $2,552 $0 $0 $0
2017 $1,276 $0 $0 $0
2016 $2,085 $0 $0 $0
2015 $1,073 $0 $0 $0
2014 $1,073 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Chattanooga REALTORS®

MLS Number: 1207094

Greater Chattanooga REALTORS®

APN: 041H-G-029.00