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117 South Jefferson Avenue

117 South Jefferson Avenue, Cookeville, TN 38501
Commercial in Putnam
117 South Jefferson Avenue has been categorized by the local assessors in Cookeville, TN as a office type of property. The building on the property was first built in 1952 and is 72 years old. However, we must point out that the home was most recently renovated and altered in 1997. 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. The linear feet between the front and back of the lot is 1,130 ft and across the front of the lot is 340 ft. The area measurement of the land has been determined as 3,842 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. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. 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 flat style roof made of asphalt and ply sheets in a built-up roof style. The exterior walls of the building are made of brick. 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. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 117 South Jefferson Avenue sold most recently in Feb 28, 2020 for a total of $260,000. If you work out the math, that's approximately a cost of $87.04 per sqft. Before that, the property was also sold for $260,000 in Oct 28, 2015. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $2,737 in taxes each year. 117 South Jefferson Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $83,120. If we break it down further, the land itself was valued at $19,200. Improvements to the property, however, were assessed at a total of $63,920. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190727
07/27/2019
Studio
-
2900 ft²
$330,000
bedrooms
Studio
bathrooms
-
square feet
2900 ft²
$260,000 -21.21%
02/28/2020
Martin Foutch

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 4
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Flat
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,842
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 340
  • Total Building Area: 2,987
  • Gross Building Area: 2,987
  • Building Area: 2,987
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Office
  • Land Acres: 0.088
  • Standard Land Use Code: Commercial office (general)
  • Legal Description 1: DISTRICT: 01, COUNTY AREA: S01

Ownership

  • Current Owner : DUNN JARED B
  • Current Owner 2: DUNN LINDSEY A
  • Previous Owner : GRUMPYS ENTERPRISES LLC
  • Owner Before Previous Owner: AKERS D BRITT SUSANNAH
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Putnam County School District
  • School Tax School District: 71159
  • Census Tract: 000700

Geography

  • Assessors Map Reference: 053F
  • District: 01
  • Parcel: 071053K A 00700
  • Municipality: COOKEVILLE
  • Latitude: 36.1609
  • Longitude: -85.5007

    Address

  • Full Address: 117 S Jefferson Ave
  • Address - House Number: 117
  • Street Direction: S
  • Address - Street Name: Jefferson
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Cookeville
  • Carrier Code: C011
  • 4-Digit Zip Code: 3424
  • Zip Code: 38501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,737
  • Tax Rate Code Area: 71A03

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $172,000
  • First Open Lien Mortgage Lender: AMERICAN BANK AND TRUST COMPAN
  • First Open Lien Mortgage Recording Date: Feb 28, 2020
  • First Open Lien Mortgage Loan Amount: $172,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $207,800
  • Market Land Value: $48,000
  • Market Improvement Value: $159,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,120
  • Assessed Land Value: $19,200
  • Assessed Improvements Value: $63,920

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Feb 28, 2020
  • Current Sale Transaction ID: 11748314422
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 236853
  • Previous Sale Recording Date: Nov 03, 2015
  • Previous Sale Contract Date: Oct 28, 2015
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN BANK AND TRUST COMPAN
  • First Mortgage Transaction Date: Feb 28, 2020
  • First Mortgage Loan Amount: $172,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES BANK OF MIDDLE TENNESS
  • Previous Mortgage Transaction Date: Nov 03, 2015
  • Previous Mortgage Loan Amount: $265,858
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Cookeville



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 117 South Jefferson Avenue located in?
The 117 South Jefferson Avenue is a commercial located in the neighborhood of Putnam in Cookeville, Cookeville.
What is the average sales price for listings in 117 South Jefferson Avenue?
The average sales price for units in 117 South Jefferson Avenue is $289,000 , or $100/sqft. currently.

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