NOT LISTED FOR SALE

505 Grand Dr NE Cleveland, TN 37312

Estimated Value: $350,926 - $407,000

3 Beds
2 Baths
2,492 Sq Ft
$150/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $413,303 $166 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $2,042/month

69 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Covered Patio or Porch
  • Wood Burning Stove
  • No HOA
  • 2 Car Attached Garage

About This Home

As of May 2022

Looking for a one-level BRICK home in the heart of Cleveland, TN? This home could be the one! It's in super condition (new hvac Dec 2018,) refinished, gleaming hardwoods, and neutral interior colors! There is loads of storage in the home and in the detached double garage (it has huge loft for storage!) The home features a large den with beautiful ceiling beams, a nice sized kitchen with original cabinetry, a formal dining room, a formal living room facing the large front yard (currently used for a dining area to hold a huge table for gatherings,) a cozy reading area perfect for a home office along with 3 bedrooms and 2 full baths. There is also a large screened porch on the back of the home overlooking the large, level back yard. Plus, an additional lot is available for puchase that adjoins this property if you'd like to double the size of the yard! Great location just minutes to downtown, Lee University, and all Cleveland has to offer!

Last Agent to Sell the Property

Kim Riddle

Fletcher Bright Company License #297513 Listed on: 03/15/2022

Last Buyer's Agent

Paul Ramsey

Crye-Leike REALTORS - Cleveland License #252207

Crye-Leike REALTORS - Cleveland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,634

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 151 x 110
  • Landscaped
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,492 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Stove
  • Gas Fireplace
  • Window Treatments
  • Tile Flooring
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outbuilding

Schools

  • Mayfield Elementary School
  • Cleveland Middle School
  • Cleveland High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Jernigan Spghil Subdivision

Listing and Financial Details

  • Tax Lot 64
  • Assessor Parcel Number 042O B 001.00.000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,634

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 151 X 110
  • Subdivision Name: Jernigan Spghil
  • Directions: North on Ocoee Street, turn right onto Westside (at Bowman Hills School) then Right on Jernigan, Left on Springhill, and then Right on Grand. Home is on the right. Additional lot beside it can be added to the purchase for $50K if buyer would like to add it.
  • Architectural Style: Ranch
  • Garage Yn: Yes
  • Year Built: 1965
  • General Property Information:Living Area2: 2492.0
  • Special Features: VirtualTour

Interior Features

  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Electric Water Heater
  • Interior Amenities: Split Bedrooms, Walk-In Closet(s), Bathroom Mirror(s), Breakfast Bar, Ceiling Fan(s)
  • Basement YN: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Wood Burning Stove
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 2492.0
  • Window Features: Window Coverings
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace Features:Gas3: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Bathroom Mirror(s): Yes
  • Interior Features:Split Bedrooms: Yes
  • Basement:Crawl Space: Yes
  • Fireplace Features:Wood Burning Stove: Yes
  • Interior Features:Breakfast Bar: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Mailbox, Level, Landscaped
  • Construction Type: Brick
  • Foundation Details: Slab
  • Other Structures: Outbuilding
  • Patio And Porch Features: Covered, Deck, Porch, Screened
  • Lot Features:Level: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • Patio And Porch Features:Deck: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Covered: Yes
  • Window Features:Window Coverings: Yes
  • Exterior Features:Landscaped: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Driveway, Garage Door Opener
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Garage Door Opener: Yes
  • General Property Information:Garage YN: Yes
  • General Property Information:Attached Garage YN: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Concrete3: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

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

Lot Info

  • Parcel #: 042O B 001.00.000

Tax Info

  • Tax Annual Amount: 1633.85
  • Tax Book Number: 3
  • Tax Lot: 64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2018
Sold by
Pippenger Carol J and Pippenger Ralph L
Bought by
Farrar Loraine A and Farrar Henry P
Current Estimated Value
$374,982
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Farrar Loraine A $219,000 Equititle Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2022 05/23/22 Sold $413,303 +3.4% $166 / Sq Ft
03/15/2022 03/15/22 For Sale $399,900 -- $160 / 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
2025 $838 $92,375 $13,750 $78,625
2024 $838 $58,250 $10,000 $48,250
2023 $1,836 $58,250 $10,000 $48,250
2022 $1,836 $58,250 $10,000 $48,250
2021 $1,836 $58,250 $0 $0
2020 $1,634 $58,250 $0 $0
2019 $1,634 $42,525 $0 $0
2018 $1,752 $0 $0 $0
2017 $876 $0 $0 $0
2016 $1,391 $0 $0 $0
2015 $1,391 $0 $0 $0
2014 $713 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Riddle

    Seller's Agent in 2022

    Kim Riddle

    Fletcher Bright Company

    (423) 755-8830

    93 Total Sales

    Kim Riddle
    Section Image
  • Paul Ramsey

    Buyer's Agent in 2022

    Paul Ramsey

    Crye-Leike

    (423) 310-6464

    226 Total Sales

    Paul Ramsey
    Section Image
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Map

Source: River Counties Association of REALTORS®

MLS Number: 20221211

River Counties Association of REALTORS®

APN: 042O-B-001.00

Tennessee Bradley County Cleveland 37312

505 Grand Dr NE, Cleveland, TN

Not Listed for Sale

Detached

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