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118 Courtland Street

118 Courtland Street, Jackson, TN 38301
Property in Madison
Sold Jul 26, 2021
$32,000
$27,200 by Centennial Bank
Mortgage Due Jul 10, 2026
Sold Jan 04, 2007
$26,000
118 Courtland Street has been categorized by the local assessors in Jackson, TN as a residential type of property. The building on the property was first built in 1948 and is 76 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. The linear feet between the front and back of the lot is 1,580 ft and across the front of the lot is 700 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 good. The roof of the building is made of composition shingle. In terms of heating, it is utilizing floor/wall 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, 118 Courtland Street sold most recently in Jul 22, 2021 for a total of $32,000. Before that, the property was also sold for $26,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $42 in taxes each year. The initial year of tax delinquency occurred in 2021. 118 Courtland Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $2,625. If we break it down further, the land itself was valued at $2,625. 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. 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.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.

Building Info

Overview

    General

  • Year Built: 1948
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: Good
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 700
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: 70 X 158

Ownership

  • Current Owner : CATHEY BILLY R
  • Previous Owner : SMITHBUILT PROPERTIES LLC
  • Owner Before Previous Owner: PRESTON EUBANKS BENNIE
  • Owner Generation Identifier: JR
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 04, 2024

Neighborhood

  • School District Name: Jackson-Madison County School System
  • School Tax School District: 57359
  • Census Tract: 000400

Geography

  • Assessors Map Reference: 065P
  • District: 05
  • Parcel: 065P-D-010.00
  • Municipality: JACKSON
  • Latitude: 35.6366
  • Longitude: -88.8178

    Address

  • Full Address: 118 Courtland St
  • Address - House Number: 118
  • Address - Street Name: Courtland
  • Address - Suffix Type: St
  • State: TN
  • City Name: Jackson
  • Carrier Code: C020
  • 4-Digit Zip Code: 4050
  • Zip Code: 38301

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $42
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 57A02

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 376,609
  • High Value: 549,523
  • Low Value: 203,694

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $27,200
  • First Open Lien Mortgage Lender: CENTENNIAL BANK
  • First Open Lien Mortgage Recording Date: Jul 26, 2021
  • First Open Lien Mortgage Loan Amount: $27,200
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jul 10, 2026

    Market Valuation

  • Market Total Value: $10,500
  • Market Land Value: $10,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $2,625
  • Assessed Land Value: $2,625

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Transaction ID: 11845915247
  • Current Sale Price: $32,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21010467
  • Previous Sale Recording Date: Jan 04, 2007
  • Previous Sale Amount: $26,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTENNIAL BANK
  • First Mortgage Transaction Date: Jul 26, 2021
  • First Mortgage Loan Amount: $27,200
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jul 10, 2026

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Frequently Asked Questions

What neighborhood is 118 Courtland Street located in?
The 118 Courtland Street is a located in the neighborhood of Madison in Jackson, Jackson.
What is the average sales price for listings in 118 Courtland Street?
The average sales price for units in 118 Courtland Street is $0 currently.

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