113 Cumberland Avenue

113 Cumberland Avenue in Madison, TN was first built in 1974 and is 50 years old. This has been categorized as a office property type. There are a total of 2 floors. 113 Cumberland Avenue has 16,678 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 2,500 ft and the linear feet between the front and back of the lot is 1,650. In total, the area measurement of the land is 40,946 square feet.

Learn more about the property and building on this page. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Jun 22, 2021 for $1,400,000. That's $83.94 per sqft. Prior to that sales transaction, the property was also sold in Dec 1, 2014 for $315,000. 113 Cumberland Avenue was last assessed in 2023. The total value of the property was assessed at $524,480. Specifically, the land the property is located on was valued at $82,520. While improvements on the property were assessed at a total of $441,960. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $17,067. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.