NOT LISTED FOR SALE

3507 Southmeade Dr Cookeville, TN 38506

Estimated Value: $286,000 - $309,000

3 Beds
2 Baths
1,288 Sq Ft
$228/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $100,000 $78 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $1,680/month

Highlights

  • No HOA
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of June 2017

Great location, in South Cookeville, easy access to I-40, Cookeville Boatdock, Burgess Falls State Park, and the New Windowcliffs State Park. Nicely designed development has no through streets for unwanted drive through short cuts - good for walking and bike riding. Large concrete front porch, covered and has room for swings and chairs - kick back and put your feet up on the railings - you will witness some beautiful sunsets. The back deck and back yard has morning sun, and cooler afternoons and summer evenings. Mostly fenced back yard, storage building, rear facing garage, concrete driveway. Large living room, 3 bedrooms, 2 full baths, utility room. This home qualifies for FHA $100.00 down payment program. The square footage noted is less than tax appraisal square footage of 1393.

Last Agent to Sell the Property

Janice Moores

First Realty Company Brokerage Phone: 9315281573 Listed on: 04/21/2017

Last Buyer's Agent

Janice Moores

First Realty Company Brokerage Phone: 9315281573 Listed on: 04/21/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $826

Year Built

  • Built in 1993

Lot Details

  • 0.4 Acre Lot

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association
  • Southmeade Subdivision

Listing and Financial Details

  • Assessor Parcel Number 027.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$826

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Attribution Contact: 9315281573
  • Directions: At Interstate 40 Exit #286, travel South on Burgess Falls Road, right at Southmeade Drive, home on the right.
  • Unit Levels: One
  • Prop. Type: Residential
  • Year Built: 1993
  • Property Sub Type: Site Built
  • Lot Size Acres: 0.4
  • Lot Size: 100.08 x 203.79 irreg
  • Subdivision Name: Southmeade
  • Carport Y N: No
  • Garage Yn: Yes
  • Special Features: RealEstateOwned

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1288

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached,Garage
  • Total Parking Spaces: 2

Utilities

  • Electric: TBD by buyer
  • Gas Company: TBD by buyer
  • Water Source: TBD by buyer

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 17424
  • Farm Land Area Units: Square Feet
  • Parcel #: 027.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 825.83
  • Tax Book Number: 985
  • Tax Map Number: 094D

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2017
Closed on
Jun 23, 2017
Sold by
Of Hud
Bought by
Wynne Derek
Seller's Agent
Janice Moores
First Realty Company
Buyer's Agent
Janice Moores
First Realty Company
Sold Price
$100,000
Current Estimated Value
$293,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,560
Avg. Annual Appreciation
13.59%
Original Mortgage
$97,000
Outstanding Balance
$81,687
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$202,189

Purchase Details

Closed on
Mar 15, 2017
Sold by
Guaranty Bank
Bought by
Of Hud

Purchase Details

Closed on
Apr 7, 2015
Sold by
Harris Terrell J
Bought by
Guaranty Bank

Purchase Details

Closed on
Oct 27, 2010
Sold by
Troupe Bryan
Bought by
Harris Terrell J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,471
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2007
Sold by
Brandon Bowers
Bought by
Bryan Troupe and Bryan Peggy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,500
Interest Rate
6.22%

Purchase Details

Closed on
Jul 28, 2005
Sold by
Brown Paul A
Bought by
Brandon Bowers and Brandon Frances

Purchase Details

Closed on
Nov 18, 2002
Sold by
Scheipers Emily M
Bought by
Brown Paul A and Brown Brandi N

Purchase Details

Closed on
Nov 20, 1995
Bought by
Donald Scheipers

Purchase Details

Closed on
Sep 24, 1993
Bought by
Buttram Linda

Purchase Details

Closed on
Feb 9, 1993
Bought by
Rodriguez Robert

Purchase Details

Closed on
Nov 29, 1989
Bought by
Brown Properties Inc And David Burton
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
Wynne Derek $100,000 --
Of Hud $100,800 --
Guaranty Bank $100,800 --
Harris Terrell J $115,000 --
Bryan Troupe $115,000 --
Brandon Bowers $101,800 --
Brown Paul A $84,460 --
Donald Scheipers $75,000 --
Buttram Linda -- --
Rodriguez Robert -- --
Brown Properties Inc And David Burton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wynne Derek $39,822
Open Wynne Derek $97,000
Previous Owner Brown Properties Inc And David Burton $113,471
Previous Owner Brown Properties Inc And David Burton $11,500
Previous Owner Brown Properties Inc And David Burton $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $100,000 0.0% $78 / Sq Ft
01/01/1970 01/01/70 Off Market $100,000 -- --
Source: Upper Cumberland Association of 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 $994 $37,350 $4,975 $32,375
2023 $994 $37,350 $4,975 $32,375
2022 $923 $37,350 $4,975 $32,375
2021 $904 $37,350 $4,975 $32,375
2020 $885 $36,575 $4,975 $31,600
2019 $885 $30,250 $4,975 $25,275
2018 $826 $30,250 $4,975 $25,275
2017 $826 $30,250 $4,975 $25,275
2016 $826 $30,250 $4,975 $25,275
2015 $849 $30,250 $4,975 $25,275
2014 $806 $28,746 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 180206

Upper Cumberland Association of REALTORS®

APN: 094D-C-027.00