NOT LISTED FOR SALE

40 Cordell Hull Ln Elmwood, TN 38560

Estimated Value: $116,000 - $158,000

1 Bed
1 Bath
448 Sq Ft
$303/Sq Ft Est. Value

Last Sold October 25, 2022

Last sale price $107,500 $240 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $737/month

124 Days on Market

Highlights

  • Lake View
  • No HOA
  • Rustic Architecture
  • Deck
  • Covered Patio or Porch
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2022

Sitting on 3.24 +/- acres, this cabin offers peace and quiet with a beautiful seasonal lake view. Less than a mile to the Cumberland River, and only ten minutes to Sullivan's Bend boat ramp, this cabin could make a great retreat for anyone who loves the water.

Last Agent to Sell the Property

Jason Martin

Heartland Real Estate & Auction, Inc. License # 276008 Listed on: 05/24/2022

Co-Listed By

Colby McKinney

Underwood Hometown Realty, LLC License #367582

Last Buyer's Agent

NONMLS NONMLS

License #2211

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $211

Year Built

  • Built in 1985

Lot Details

  • 3.24 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • Driveway

Home Design

  • Rustic Architecture
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 448 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Storage
  • Laminate Flooring
  • Lake Views
  • Crawl Space

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Forks River Elementary
  • Smith Co High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 043 00833 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$211

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Year Built: 1985
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Storage
  • Appliances: Refrigerator
  • Fireplace: No
  • Flooring: Laminate
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 448
  • Building Area Units: Square Feet
  • Living Area: 448
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Wood Siding
  • Patio And Porch Features: Covered Porch, Deck
  • Pool Private: No
  • Roof: Metal
  • View: Lake
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Acres: 3.24
  • Lot Size: SURVEY IN DEED
  • Lot Size Units: Acres
  • Parcel #: 043 00833 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 211

MLS Schools

  • Elementary School: Forks River Elementary
  • High School: Smith Co High School
  • Middle Or Junior School: Forks River Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Oct 24, 2022
Sold by
Weeks Robert E
Bought by
Budde Jordan and Budde Jandi
Seller's Agent
Jason Martin
Heartland Real Estate & Auction, Inc.
Buyer's Agent
NONMLS NONMLS
List Price
$114,900
Sold Price
$107,500
Premium/Discount to List
-$7,400
-6.44%
Views
38
Current Estimated Value
$135,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,176
Avg. Annual Appreciation
8.04%
Original Mortgage
$83,500
Outstanding Balance
$80,702
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$54,974

Purchase Details

Closed on
Nov 23, 2010
Sold by
Allen William C
Bought by
Weeks Robert E

Purchase Details

Closed on
Sep 12, 2005
Sold by
Allen Carl E
Bought by
Allen William C

Purchase Details

Closed on
Aug 1, 2005
Bought by
Allen William C

Purchase Details

Closed on
May 20, 1998
Sold by
Parrish J E
Bought by
Carl Allen

Purchase Details

Closed on
Aug 7, 1990
Bought by
Parrish Parrish J and Parrish Betty L
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
Budde Jordan $107,500 --
Weeks Robert E $36,250 --
Allen William C $23,000 --
Allen William C $23,000 --
Carl Allen $23,000 --
Parrish Parrish J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Budde Jordan $83,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2022 10/25/22 Sold $107,500 -6.4% $240 / Sq Ft
09/26/2022 09/26/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $114,900 -- $256 / 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
2024 $311 $17,950 $5,075 $12,875
2023 $288 $17,700 $0 $0
2022 $185 $10,650 $5,075 $5,575
2021 $211 $8,500 $4,450 $4,050
2020 $232 $8,500 $4,450 $4,050
2019 $232 $8,500 $4,450 $4,050
2018 $182 $8,500 $4,450 $4,050
2017 $182 $8,500 $4,450 $4,050
2016 $164 $7,075 $3,825 $3,250
2015 $164 $7,075 $3,825 $3,250
2014 $164 $7,075 $3,825 $3,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2389430

Realtracs

APN: 043-008.33