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1086 West Cunningham Street

1086 West Cunningham Street, Milan, TN 38358
Property in Gibson
Sold Feb 02, 2021
$411,000
$349,350 by Centennial Bank
Mortgage Due Feb 10, 2026
Sold Sep 08, 2016
$36,000
1086 West Cunningham Street has been categorized by the local assessors in Milan, TN as a residential type of property. The building on the property was first built in 1955 and is 69 years old. However, we must point out that the home was most recently renovated and altered in 1987. Residents will have access to 2 full bathrooms. 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, 1086 West Cunningham Street has 1,274 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 1,750 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 12,250 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

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 a open porch. 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. In terms of heating, it is utilizing a radiant heating system. 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, 1086 West Cunningham Street was last sold in Jan 29, 2021 for $411,000. According to our calculations, that's $322.61 per sqft. Prior to that sales transaction, the property was sold for $36,000 in Sep 7, 2016. Current property owners are expected to pay $674 in taxes per year. The property on 1086 West Cunningham Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $21,120. To break that down further, the land itself was valued at $4,200. While improvements to the property were assessed at a total of $16,920. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1955
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Duplex
  • 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: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,250
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,274
  • Building Area: 1,274
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 1,274
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: RAGSDALE 109/14
  • Land Acres: 0.281
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: RAGSDALE 109/14 6 BYWILL

Ownership

  • Current Owner : ALLEN BARRY
  • Current Owner 2: BARRY ALLEN RENTALS
  • Previous Owner : CAE PROPERTIES LLC
  • Owner Before Previous Owner: RAUCHLE CHARLES TIMOTHY TR
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Milan Special School District
  • School Tax School District: 27485
  • Census Tract: 966502

Geography

  • Assessors Map Reference: 140F
  • District: 13
  • Parcel: 027140F G 01700
  • Lot: 6
  • Municipality: MILAN CITY
  • Latitude: 35.9132
  • Longitude: -88.7554

    Address

  • Full Address: 1086 W Cunningham St
  • Address - House Number: 1086
  • Street Direction: W
  • Address - Street Name: Cunningham
  • Address - Suffix Type: St
  • State: TN
  • City Name: Milan
  • Carrier Code: C001
  • 4-Digit Zip Code: 3414
  • Zip Code: 38358

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $674
  • Tax Rate Code Area: 27E07

    Appraisal Valuation

  • Standard Deviation: 0.1576
  • Valuation Date: Mar 15, 2023
  • Confidence Score: 68
  • Final Value: 72,270
  • High Value: 83,664
  • Low Value: 60,875

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $349,350
  • First Open Lien Mortgage Lender: CENTENNIAL BANK
  • First Open Lien Mortgage Recording Date: Feb 02, 2021
  • First Open Lien Mortgage Loan Amount: $349,350
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Feb 10, 2026

    Market Valuation

  • Market Total Value: $52,800
  • Market Land Value: $10,500
  • Market Improvement Value: $42,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,120
  • Assessed Land Value: $4,200
  • Assessed Improvements Value: $16,920

    Sales

  • Current Sale Contract Date: Jan 29, 2021
  • Current Sale Recording Date: Feb 02, 2021
  • Current Sale Transaction ID: 11823635057
  • Current Sale Price: $411,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202401
  • Previous Sale Recording Date: Sep 08, 2016
  • Previous Sale Contract Date: Sep 07, 2016
  • Previous Sale Amount: $36,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTENNIAL BANK
  • First Mortgage Transaction Date: Feb 02, 2021
  • First Mortgage Loan Amount: $349,350
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Feb 10, 2026

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1086 West Cunningham Street located in?
The 1086 West Cunningham Street is a located in the neighborhood of Gibson in Milan, Milan.
What is the average sales price for listings in 1086 West Cunningham Street?
The average sales price for units in 1086 West Cunningham Street is $0 currently.

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