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1409 Elrod Street Southeast

1409 Elrod Street Southeast, Cleveland, TN 37311
House in Bradley
Sold Feb 08, 2023
$263,000
$258,236 by Leaderone Financial Corporatio
Mortgage Due Feb 01, 2053
Sold Feb 14, 2022
$24,900
1409 Elrod Street Southeast has been categorized by the local assessors in Cleveland, TN as a residential type of property. The building on the property was first built in 1925 and is 99 years old. However, we must point out that the home was most recently renovated and altered in 1981. 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. In addition, 1409 Elrod Street Southeast has 1,960 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 1,600 ft and across the front of the lot is 720 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 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 alum/vinyl siding. 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1409 Elrod Street Southeast was last sold in Feb 3, 2023 for $263,000. According to our calculations, that's $134.18 per sqft. Prior to that sales transaction, the property was sold for $24,900 in Feb 10, 2022. Current property owners are expected to pay $473 in taxes per year. The property on 1409 Elrod Street Southeast was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $3,000. To break that down further, the land itself was valued at $3,000. 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. 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!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.

Building Features

Condition

New Construction

Exterior

Vinyl Siding

Parking

Attached Garage
Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • 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: Combination
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,960
  • Gross Building Area: 2,342
  • Building Area: 1,960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Radiant
  • Heated Square Feet: 1,960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CLEVELAND LAND & IMPROV
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DIM 72,72X160 M

Ownership

  • Current Owner : WALTERS RICHARD
  • Previous Owner : GAINES WILLIAM ZACHARY
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cleveland City School District
  • School Tax School District: 06138
  • Census Tract: 010800

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: 057L
  • Account Number: 29377
  • District: 04
  • Parcel: 057L-M-026.00
  • Lot: 6,7
  • Municipality: CLEVELAND
  • Latitude: 35.1433
  • Longitude: -84.8685

    Address

  • Full Address: 1409 Elrod St Se
  • Address - House Number: 1409
  • Street Segment Direction: SE
  • Address - Street Name: Elrod
  • Address - Suffix Type: St
  • State: TN
  • City Name: Cleveland
  • Carrier Code: C012
  • 4-Digit Zip Code: 3144
  • Zip Code: 37311

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $473
  • Tax Rate Code Area: 06A02

    Appraisal Valuation

  • Standard Deviation: 0.2771
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 60
  • Final Value: 173,054
  • High Value: 221,018
  • Low Value: 125,091

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $258,236
  • First Open Lien Mortgage Lender: LEADERONE FINANCIAL CORPORATIO
  • First Open Lien Mortgage Recording Date: Feb 08, 2023
  • First Open Lien Mortgage Loan Amount: $258,236
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2053

    Market Valuation

  • Market Total Value: $12,000
  • Market Land Value: $12,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,000
  • Assessed Land Value: $3,000

    Sales

  • Current Sale Contract Date: Feb 03, 2023
  • Current Sale Recording Date: Feb 08, 2023
  • Current Sale Transaction ID: 11901915471
  • Current Sale Price: $263,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1607
  • Previous Sale Recording Date: Feb 14, 2022
  • Previous Sale Contract Date: Feb 10, 2022
  • Previous Sale Amount: $24,900
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADERONE FINANCIAL CORPORATIO
  • First Mortgage Transaction Date: Feb 08, 2023
  • First Mortgage Loan Amount: $258,236
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2053

About Cleveland



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Frequently Asked Questions

What neighborhood is 1409 Elrod Street Southeast located in?
The 1409 Elrod Street Southeast is a house located in the neighborhood of Bradley in Cleveland, Cleveland.
What is the average sales price for listings in 1409 Elrod Street Southeast?
The average sales price for units in 1409 Elrod Street Southeast is $0 currently.

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