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127 Cumberland Trace

127 Cumberland Trace, Nashville, TN 37214
Property in Cumberland Trace
Sold Jul 05, 2018
$189,900
$181,106 by First Community Mortgage Corp
Mortgage Due Apr 01, 2050
Sold May 24, 2018
$99,809
$97,840 by Heritage South Community Cu
Mortgage
127 Cumberland Trace has been categorized by the local assessors in Nashville, TN as a residential type of property. The building on the property was first built in 1982 and is 42 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 127 Cumberland Trace has 1,254 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 686 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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. 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 exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 127 Cumberland Trace was last sold in Jun 29, 2018 for $189,900. According to our calculations, that's $151.44 per sqft. Prior to that sales transaction, the property was sold for $99,809 in May 16, 2018. Current property owners are expected to pay $1,518 in taxes per year. The property on 127 Cumberland Trace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $46,650. To break that down further, the land itself was valued at $10,000. While improvements to the property were assessed at a total of $36,650. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1982
  • Effective Year Built: 1982
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 686
  • Total Building Area: 1,254
  • Gross Building Area: 1,400
  • Building Area: 1,254
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,254
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CUMBERLAND TRACT
  • Land Acres: 0.015
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 127 CUMBERLAND TRACE

Ownership

  • Current Owner : NEWMAN KANDY L
  • Current Owner 2: NEWMAN JOHN W
  • Previous Owner : BURT JEFFREY B
  • Previous Owner 2: BURT CIRSTINE M
  • Owner Before Previous Owner: WELBORN MARY KATHERINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Nashville-Davidson County School District
  • Census Tract: 015300

Zoning

  • Zoning: R15

Geography

  • Parcel: 073-16-0A-127-00
  • Municipality: 55-USD
  • Latitude: 36.1923
  • Longitude: -86.6706

    Address

  • Full Address: 127 Cumberland Trce
  • Address - House Number: 127
  • Address - Street Name: Cumberland
  • Address - Suffix Type: Trce
  • State: TN
  • City Name: Nashville
  • Carrier Code: C010
  • 4-Digit Zip Code: 1653
  • Zip Code: 37214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,518
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2459
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 309,962
  • High Value: 386,183
  • Low Value: 233,741

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $181,106
  • First Open Lien Mortgage Lender: FIRST COMMUNITY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 15, 2020
  • First Open Lien Mortgage Loan Amount: $181,106
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $186,600
  • Market Land Value: $40,000
  • Market Improvement Value: $146,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,650
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $36,650

    Sales

  • Current Sale Contract Date: Jun 29, 2018
  • Current Sale Recording Date: Jul 05, 2018
  • Current Sale Transaction ID: 11481502443
  • Current Sale Price: $189,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20180705-0065171
  • Previous Sale Recording Date: May 24, 2018
  • Previous Sale Contract Date: May 16, 2018
  • Previous Sale Amount: $99,809
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • First Mortgage Transaction Date: Jul 05, 2018
  • First Mortgage Loan Amount: $180,405
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: HERITAGE SOUTH COMMUNITY CU
  • Previous Mortgage Transaction Date: May 24, 2018
  • Previous Mortgage Loan Amount: $97,840
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Cumberland Trace



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Frequently Asked Questions

What neighborhood is 127 Cumberland Trace located in?
The 127 Cumberland Trace is a located in the neighborhood of Cumberland Trace in Cumberland Trace, Nashville.
What is the average sales price for listings in 127 Cumberland Trace?
The average sales price for units in 127 Cumberland Trace is $0 currently.

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