NOT LISTED FOR SALE

581 7th St NE Cleveland, TN 37311

Cleveland Area

Estimated Value: $73,000 - $114,507

2 Beds
1 Bath
654 Sq Ft
$143/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2024

Last sale price $82,500 $126 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $528 / mo

Highlights

  • Wood Flooring
  • Level Lot
  • Property has 3 Levels
  • No HOA
  • No Heating

About This Home

As of May 2024

Seller is willing to pay $2500 towards buying down the buyers interest rate! Here is the perfect investment oppurtunity! 2 Bedroom, 1 Bathroom. Move in ready rental property! Fresh paint throughout. New Bathroom vanity and mirror. Call your favorite agent today to make an offer!

Last Agent to Sell the Property

Sommer Oder-Bailey

RE/MAX Experience License #329188 Listed on: 03/25/2024

RE/MAX Experience

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $205

Year Built

  • Built in 1917

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Shingle Roof

Interior Spaces

  • 654 Sq Ft Home
  • Property has 3 Levels
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Arnold Memorial Elementary School
  • Cleveland Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 049M L 01500 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$205

Year Built

Built in 1917

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Year Built: 1917
  • Unit Levels: Three Or More
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: Existing
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: None
  • Flooring: Wood
  • Total Bedrooms: 2
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 654
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Other
  • Pool Private: No
  • Roof: Shingle
  • Topography: Level
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • Utilities: Water Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.23
  • Lot Size Units: Acres
  • Parcel #: 049M L 01500 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 205

MLS Schools

  • Elementary School: Arnold Memorial Elementary
  • High School: Cleveland High
  • Middle Or Junior School: Cleveland Middle

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
May 7, 2024
Sold by
Bought by
Seller's Agent
Sommer Oder-Bailey
RE/MAX Experience
List Price
$115,000
Sold Price
$82,500
Premium/Discount to List
-$32,500
-28.26%
Current Estimated Value
$93,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,877
Avg. Annual Appreciation
5.76%
Original Mortgage
$66,000
Outstanding Balance
$64,426
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$28,951

Purchase Details

Listed on
Mar 31, 2011
Closed on
Jan 5, 2012
Sold by
Bought by
Seller's Agent
Jo Organ
Crye-Leike, REALTORS
Buyer's Agent
Comps Only
COMPS ONLY
List Price
$13,000
Sold Price
$5,000
Premium/Discount to List
-$8,000
-61.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.44%

Purchase Details

Closed on
Sep 3, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 10, 2010
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 22, 2006
Sold by
Bought by
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$82,500 None Listed On Document
$5,000 --
$30,000 --
-- --
$24,128 --
$25,851 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $66,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2024 05/15/24 Sold $82,500 -28.3% $126 / Sq Ft
03/25/2024 03/25/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $115,000 +2200.0% $176 / Sq Ft
01/05/2012 01/05/12 Sold $5,000 -61.5% $10 / Sq Ft View Prior Sale
12/14/2011 12/14/11 Pending -- -- --
03/30/2011 03/30/11 For Sale $13,000 -- $25 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $183 $19,475 $2,450 $17,025
2024 $183 $12,725 $1,750 $10,975
2023 $205 $6,500 $2,250 $4,250
2022 $205 $6,500 $2,250 $4,250
2021 $205 $6,500 $0 $0
2020 $216 $6,500 $0 $0
2019 $216 $5,625 $0 $0
2018 $232 $0 $0 $0
2017 $116 $0 $0 $0
2016 $196 $0 $0 $0
2015 $92 $0 $0 $0
2014 $92 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sommer Oder-Bailey

    Seller's Agent in 2024

    Sommer Oder-Bailey

    RE/MAX Experience

    (423) 790-3086

    130 Total Sales

    Sommer Oder-Bailey
    Section Image

  • J

    Seller's Agent in 2012

    Jo Organ

    Crye-Leike, REALTORS

    Section Image

  • C

    Buyer's Agent in 2012

    Comps Only

    COMPS ONLY

See All Agents

Map

Source: Realtracs

MLS Number: RTC3187141

Realtracs

APN: 049M-L-015.00

Tennessee Bradley County Cleveland 37311

581 7th St NE, Cleveland, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.