1021 Old Bates Pike

1021 Old Bates Pike has been categorized by the local assessors in Cleveland, TN as a commercial type of property. The building on the property was first built in 1992 and is 32 years old. However, we must point out that the home was most recently renovated and altered in 2004. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1021 Old Bates Pike has 13,150 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,490 ft and across the front of the lot is 1,970 ft. The area measurement of the land has been determined as 43,560 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gambrel style roof made of metal. The exterior walls of the building are made of metal. While the interior walls have been made of unfinished materials. As for the floors, you'll see that the home has flooring throughout. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1021 Old Bates Pike was last sold in Aug 31, 2023 for $450,000. According to our calculations, that's $34.22 per sqft. Prior to that sales transaction, the property was sold for $265,000 in Dec 15, 2015. Current property owners are expected to pay $1,566 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 1021 Old Bates Pike was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $88,120. To break that down further, the land itself was valued at $4,960. While improvements to the property were assessed at a total of $83,160. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.