NOT LISTED FOR SALE

260 Royal Dr NW Cleveland, TN 37312

Estimated Value: $184,000 - $236,000

3 Beds
1.5 Baths
1,200 Sq Ft
$174/Sq Ft Est. Value

Last Sold April 28, 2020

Last sale price $98,500 $82 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $1,137/month

105 Days on Market

Highlights

  • Open Floorplan
  • Central Heating and Cooling System
  • Property has 3 Levels
  • No HOA
  • Carpet

About This Home

As of April 2020

PRICED TO SELL!!! INVESTOR and FAMILY DREAM HOME!!! This 3 Bedroom 1.5 BATH is located in the HEART of Cleveland. Just minutes to restaurants and mall shopping areas in Cleveland, TN. This wonderful home could work out as a rental, an investment flip, or an outstanding place for a family atmosphere. Its 3 spacious rooms have large closets. With lots of windows you can kick back and enjoy the natural light which lightens up any room. The kitchen offers plenty of counter space. With a nice size, partially fenced in backyard. You will be able to host parties, family outings, and much more! A MUST COME SEE! NEW HOT WATER TANK WITH EXPANSION TANK. Flood insurance may be required.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,097

Year Built

  • Built in 1960

Lot Details

  • 0.33

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,200 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Carpet
  • Fire and Smoke Detector
  • Washer and Gas Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 1 Parking Space
  • 1 Carport Space

Schools

  • North Lee Elementary School
  • Cleveland Middle School
  • Cleveland High School

Additional Features

  • 0.33 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 042G G 00600 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,097

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: Open Floorplan, Primary Bedroom Main Floor
  • Appliances: Refrigerator
  • Fireplace: No
  • Flooring: Carpet, Other
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 1200
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick, Other
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

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

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

Lot Info

  • Lot Size Acres: 0.33
  • Lot Size: 0
  • Lot Size Units: Acres
  • Parcel #: 042G G 00600 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1097

MLS Schools

  • Elementary School: North Lee Elementary School
  • High School: Cleveland High
  • Middle Or Junior School: Cleveland Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2019
Closed on
Apr 28, 2020
Sold by
Live Doyle R
Bought by
Cook Michael Christopher
List Price
$119,900
Sold Price
$98,500
Premium/Discount to List
-$21,400
-17.85%
Current Estimated Value
$209,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,701
Avg. Annual Appreciation
14.29%
Original Mortgage
$73,875
Outstanding Balance
$65,411
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$143,790

Purchase Details

Closed on
Aug 5, 2014
Sold by
Crosson Guy W
Bought by
Love Doyle R

Purchase Details

Closed on
Nov 30, 2009
Sold by
Creel Zella H
Bought by
Love Doyle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,750
Interest Rate
5.01%
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
Cook Michael Christopher $98,500 None Available
Love Doyle R -- --
Love Doyle R $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Michael Christopher $73,875
Previous Owner Love Doyle R $45,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2020 04/28/20 Sold $98,500 -17.8% $82 / Sq Ft
03/27/2020 03/27/20 Pending -- -- --
12/13/2019 12/13/19 For Sale $119,900 -- $100 / 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 $446 $48,425 $9,750 $38,675
2024 $446 $30,975 $6,950 $24,025
2023 $977 $30,975 $6,950 $24,025
2022 $977 $30,975 $6,950 $24,025
2021 $977 $30,975 $0 $0
2020 $750 $30,975 $0 $0
2019 $750 $19,500 $0 $0
2018 $804 $0 $0 $0
2017 $402 $0 $0 $0
2016 $532 $0 $0 $0
2015 $532 $0 $0 $0
2014 $274 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2724604

Realtracs

APN: 042G-G-006.00