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1070 King Edward Avenue Southeast

1070 King Edward Avenue Southeast, Cleveland, TN 37311
House in Bradley
Sold Jun 08, 2020
$70,500
$105,820 by Broker Solutions Inc
Mortgage Due Sep 01, 2052
Sold Jul 24, 2007
$38,782
1070 King Edward Avenue Southeast has been categorized by the local assessors in Cleveland, TN as a residential type of property. The building on the property was first built in 1930 and is 94 years old. However, we must point out that the home was most recently renovated and altered in 2002. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1070 King Edward Avenue Southeast has 911 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 112 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 500 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. Residents will have the luxury of enjoying both a unknown and a unknown. 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 gable or hip style roof made of composition shingle. The exterior walls of the building are made of unknown. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with a packaged air conditioning unit at the moment. 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, 1070 King Edward Avenue Southeast was last sold in Jun 5, 2020 for $70,500. According to our calculations, that's $68.91 per sqft. Prior to that sales transaction, the property was sold for $38,782 in Jan 1, 1970. Current property owners are expected to pay $717 in taxes per year. The property on 1070 King Edward Avenue Southeast was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $22,750. To break that down further, the land itself was valued at $2,325. While improvements to the property were assessed at a total of $20,425. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 112
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,023
  • Gross Building Area: 1,023
  • Building Area: 911
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 911
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOUISVILLE LAND COS QUEENSTOW
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DIM 50X150

Ownership

  • Current Owner : BRAKEBILL KRYSTAL N
  • Previous Owner : SPENCER ERIC
  • Owner Before Previous Owner: WILSON WOODROW M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Woman as her sole & separate property

Neighborhood

  • School District Name: Cleveland City School District
  • School Tax School District: 06138
  • Census Tract: 010700

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 057E
  • Account Number: 27763
  • District: 04
  • Parcel: 057E-G-011.00
  • Lot: 10
  • Municipality: CLEVELAND
  • Latitude: 35.1505
  • Longitude: -84.8756

    Address

  • Full Address: 1070 King Edward Ave Se
  • Address - House Number: 1070
  • Street Segment Direction: SE
  • Address - Street Name: King Edward
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Cleveland
  • Carrier Code: C011
  • 4-Digit Zip Code: 2965
  • Zip Code: 37311

Valuation

    Tax

  • Total Area: 911
  • Tax Year: 2022
  • Tax Amount: $717
  • Tax Rate Code Area: 06A02

    Appraisal Valuation

  • Standard Deviation: 0.4798
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 4
  • Final Value: 160,337
  • High Value: 237,275
  • Low Value: 83,398

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $105,820
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Aug 18, 2022
  • First Open Lien Mortgage Loan Amount: $105,820
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $91,000
  • Market Land Value: $9,300
  • Market Improvement Value: $81,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,750
  • Assessed Land Value: $2,325
  • Assessed Improvements Value: $20,425

    Sales

  • Current Sale Contract Date: Jun 05, 2020
  • Current Sale Recording Date: Jun 08, 2020
  • Current Sale Transaction ID: 11766949906
  • Current Sale Price: $70,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20007641
  • Previous Sale Recording Date: Jul 24, 2007
  • Previous Sale Amount: $38,782
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Jun 08, 2020
  • First Mortgage Loan Amount: $69,222
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2050

About Cleveland



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Frequently Asked Questions

What neighborhood is 1070 King Edward Avenue Southeast located in?
The 1070 King Edward Avenue Southeast is a house located in the neighborhood of Bradley in Cleveland, Cleveland.
What is the average sales price for listings in 1070 King Edward Avenue Southeast?
The average sales price for units in 1070 King Edward Avenue Southeast is $0 currently.

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