NOT LISTED FOR SALE

7740 Cumberland Dr Fairview, TN 37062

Estimated Value: $1,073,000 - $8,350,000

2 Beds
2 Baths
2,079 Sq Ft
$2,364/Sq Ft Est. Value

Last Sold December 28, 2020

Last sale price $5,995,000 $2,884 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $27,694/month

22 Days on Market

Highlights

  • Barn
  • Waterfront
  • Wooded Lot
  • Westwood Elementary School Rated A
  • 351.27 Acre Lot
  • Wood Flooring

About This Home

As of December 2020

351 park-like acres with a custom home and barn 40 min from Nashville and 7 min to Publix's in Fairview. This property is loaded with character at every corner and features a beautiful 5 acre lake, long creek frontage, old hardwoods, pastures, and is completely private. The cabin sets over the lake and features, hardwood floors, indoor/outdoor stone fireplace, huge porches. Custom barn has an apartment, great storage, and firepit. Very special farm loaded with wildlife.

Last Agent to Sell the Property

Dan McEwen

McEwen Group Brokerage Phone: 9313811808 License # 288174 Listed on: 09/30/2020

Last Buyer's Agent

Maggie Schuh

Tyler York Real Estate Brokers, LLC License # 335589

Tyler York Real Estate Brokers, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,484

Year Built

  • Built in 2000

Lot Details

  • 351.27 Acre Lot
  • Waterfront
  • Wooded Lot

Parking

  • Gravel Driveway

Home Design

  • Rustic Architecture
  • Log Siding

Interior Spaces

  • 2,079 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

  • Fairview Elementary School
  • Fairview Middle School
  • Fairview High School

Farming

  • Barn

Utilities

  • Cooling Available
  • Central Heating
  • Spring water is a source of water for the property
  • Septic Tank

Community Details

  • Tennis Courts

Listing and Financial Details

  • Assessor Parcel Number 094047 09400 00001047

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,484

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Rustic
  • Year Built: 2000
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 9313811808
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), Utility Connection, Wood Burning Fireplace
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Finished Wood
  • Total Bedrooms: 2
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2079
  • Building Area Units: Square Feet
  • Living Area: 2079
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Barn(s)
  • Construction Type: Log
  • Patio And Porch Features: Covered Deck, Covered Porch
  • Pool Private: No
  • View: No
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Sewer: Septic Tank
  • Water Source: Spring
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time
  • Amenities: Tennis Court(s)
  • Senior Community: No

Lot Info

  • Lot Features: Wooded
  • Lot Size Acres: 351.27
  • Lot Size Units: Acres
  • Parcel #: 094047 09400 00001047
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3484

MLS Schools

  • Elementary School: Fairview Elementary
  • High School: Fairview High School
  • Middle Or Junior School: Fairview Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 23, 2020
Sold by
Short Family Farm Llc
Bought by
Natures Way Living Llc
Seller's Agent
Dan McEwen
McEwen Group
Buyer's Agent
Maggie Schuh
Tyler York Real Estate Brokers, LLC
List Price
$5,900,000
Sold Price
$5,995,000
Premium/Discount to List
$95,000
1.61%
Current Estimated Value
$5,026,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$968,556
Avg. Annual Appreciation
-4.59%
Original Mortgage
$4,790,020
Outstanding Balance
$4,323,082
Interest Rate
2.7%
Mortgage Type
Credit Line Revolving
Estimated Equity
$497,121

Purchase Details

Closed on
Mar 31, 2014
Sold by
Campbell Victor L
Bought by
Short Family Farm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,785,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Davis Daniel J
Bought by
Campbell Victor L

Purchase Details

Closed on
Jun 7, 1996
Sold by
Mangrum Christopher N
Bought by
Frances Hughes Mary
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 Buyer Sale Price Title Company
Natures Way Living Llc $5,995,000 Chapman & Rosenthal Title In
Short Family Farm Llc $2,392,500 Chapman & Rosential Title In
Campbell Victor L $1,495,000 Esquire Title & Escrow Inc
Frances Hughes Mary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Natures Way Living Llc $1,077,609
Open Natures Way Living Llc $4,790,020
Previous Owner Short Family Farm Llc $1,945,925
Previous Owner Short Family Farm Llc $1,785,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2020 12/28/20 Sold $5,995,000 +1.6% $2,884 / Sq Ft
10/22/2020 10/22/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $5,900,000 -- $2,838 / 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 $3,683 $195,925 $75,300 $120,625
2023 $3,683 $195,925 $75,300 $120,625
2022 $3,683 $195,925 $75,300 $120,625
2021 $3,683 $195,925 $75,300 $120,625
2020 $3,348 $150,825 $56,700 $94,125
2019 $3,348 $150,825 $56,700 $94,125
2018 $3,243 $150,825 $56,700 $94,125
2017 $3,243 $150,825 $56,700 $94,125
2016 $0 $150,825 $56,700 $94,125
2015 -- $105,975 $29,775 $76,200
2014 -- $61,875 $22,925 $38,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2193895

Realtracs

APN: 047-094.00