$68,500
SOLD DEC 12, 2024

373 Oak St SW Cleveland, TN 37311

0.17 Acre
$402,941 Price per Acre
7,405 Sq Ft Lot

Recently Sold

$93 Per Sq Ft

9% Below List Price

3 Days on Market

About This Lot

As of December 2024

This cleared multi-family lot, zoned R2, is located in a prime downtown Cleveland, TN location, just a short distance from Bradley County High School. The lot offers convenient access to major roadways, including I-75 and South Lee Highway, making it an ideal spot for residential development. With city utilities available, it provides a ready-to-build opportunity for developers or investors looking to capitalize on the growing demand for multi-family housing in this well-connected area.

Last Agent to Sell the Property

William Eilf

KW Cleveland License #337177 Listed on: 11/12/2024

KW Cleveland

Last Buyer's Agent

A NON-MEMBER

--NON-MEMBER OFFICE-- License #308195

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $260

Lot Details

  • 7,405 Sq Ft Lot
  • Cleared Lot

Schools

  • Blythe-Bower Elementary School
  • Cleveland Middle School
  • Cleveland High School

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • City Of Cleveland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 057c F 01200 000
  • Seller Concessions Not Offered

Property Details

Property Type

Land

Est. Annual Taxes

$260

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Land
  • Lot Size Acres: 0.17
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt, Paved
  • Subdivision Name: City of Cleveland
  • Directions: Take Michigan Avenue Rd NE and turn left onto Benton Pike NE Turn left onto APD 40 and US-64 W to Inman St to Inman St W then turn onto Oak St SW
  • Structure Type: None
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Community Features:None3: Yes

Exterior Features

  • Lot Features: Cleared
  • View: No
  • Waterfront: No
  • Other Structures: None
  • Property Condition: None
  • Lot Features:Cleared: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Water Available, Sewer Available, Phone Available, Natural Gas Available, Cable Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Blythe-Bower
  • High School: Cleveland
  • Middle Or Junior School: Cleveland

Lot Info

  • Lot Size Sq Ft: 7405.2
  • Additional Parcels: No
  • Parcel #: 057c F 01200 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 260.06
  • Tax Book Number: 3054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2024
Closed on
Dec 12, 2024
Sold by
Karmel Llc
Bought by
Wind River Custom Homes Llc
Seller's Agent
William Eilf
KW Cleveland
Buyer's Agent
A NON-MEMBER
--NON-MEMBER OFFICE--
List Price
$75,000
Sold Price
$68,500
Premium/Discount to List
-$6,500
-8.67%
Views
2
Current Estimated Value
$66,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,415
Avg. Annual Appreciation
-7.43%

Purchase Details

Listed on
Nov 12, 2024
Closed on
Nov 6, 2024
Sold by
Bullard King Rhonda
Bought by
Karmel Llc
Seller's Agent
William Eilf
KW Cleveland
Buyer's Agent
A NON-MEMBER
--NON-MEMBER OFFICE--
List Price
$75,000
Sold Price
$68,500
Premium/Discount to List
-$6,500
-8.67%
Views
2

Purchase Details

Listed on
Nov 12, 2024
Closed on
Oct 31, 2024
Sold by
Ramsey Terry
Bought by
Bullard King Rhonda
Seller's Agent
William Eilf
KW Cleveland
Buyer's Agent
A NON-MEMBER
--NON-MEMBER OFFICE--
List Price
$75,000
Sold Price
$68,500
Premium/Discount to List
-$6,500
-8.67%
Views
2

Purchase Details

Listed on
Nov 8, 2024
Closed on
Oct 2, 2024
Sold by
Cross David and Cross Bobby
Bought by
Bullard King Rhonda
Seller's Agent
William Eilf
K W Cleveland
Buyer's Agent
William Eilf
K W Cleveland
List Price
$45,000
Sold Price
$45,000

Purchase Details

Closed on
Feb 20, 2024
Sold by
Ramsey Terry
Bought by
Bullard King Rhonda

Purchase Details

Closed on
Aug 20, 2010
Sold by
Cross Herman
Bought by
Cross Harold Eugene
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 Type Sale Price Title Company
Warranty Deed $68,500 None Listed On Document
Warranty Deed $45,000 None Listed On Document
Warranty Deed $2,000 Conveyance Title And Escrow In
Warranty Deed $5,000 Conveyance Title And Escrow
Warranty Deed $10,000 Conveyance Title And Escrow In
Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $68,500 -8.7% $93 / Sq Ft
11/12/2024 11/12/24 For Sale $75,000 +66.7% $102 / Sq Ft
11/08/2024 11/08/24 For Sale $45,000 0.0% $61 / Sq Ft
11/06/2024 11/06/24 Sold $45,000 -- $61 / Sq Ft
Source: River Counties 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 -- $8,250 $1,675 $6,575
2023 $260 $8,250 $1,675 $6,575
2022 $260 $8,250 $1,675 $6,575
2021 $260 $8,250 $0 $0
2020 $257 $8,250 $0 $0
2019 $257 $6,700 $0 $0
2018 $276 $0 $0 $0
2017 $138 $0 $0 $0
2016 $225 $0 $0 $0
2015 $116 $0 $0 $0
2014 $116 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: River Counties Association of REALTORS®

MLS Number: 20244919

River Counties Association of REALTORS®

APN: 057C-F-012.00