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159 Cottage Drive

159 Cottage Drive, Ten Mile, TN 37880
Property in Meigs
Sold Jul 24, 2023
$630,000
Sold May 18, 2017
$325,500
$260,000 by Fifth Third Bank
Mortgage Due Jun 01, 2047
159 Cottage Drive in Ten Mile, TN was first built in 1990 and is 34 years old. Although, the building on the property was most recently renovated and altered in 2006. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 159 Cottage Drive has 1,580 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 1,000 ft and the linear feet between the front and back of the lot is 3,600. In total, the area measurement of the land is 36,286 square feet.

Learn more about the property and building on this page. There is a open porch. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of metal. Water for the property is sourced from a water system. The property is connected to a sewer system. For those who need parking, there is a mixed used garage. The garage is 936 sqft. There are a total of 4 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with a packaged air conditioning unit. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 159 Cottage Drive sold most recently in Jul 16, 1996 for a total of $630,000. If you work out the math, that's approximately a cost of $398.73 per sqft. Before that, the property was also sold for $325,500 in May 15, 2017. 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 $1,575 in taxes each year. 159 Cottage Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $93,275. If we break it down further, the land itself was valued at $20,000. Improvements to the property, however, were assessed at a total of $73,275. 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: 1990
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Mixed use
  • Garage Square Area: 936
  • Parking Space Count: 4
  • Porch Type: Open porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 36,286
  • Lot Size Depth Feet: 3,600
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,580
  • Building Area: 1,580
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,580
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: RED CLOUD COTTAGE
  • Land Acres: 0.833
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 04, COUNTY AREA: A01

Ownership

  • Current Owner : RESTATEMENT OF THE STEVEN G PRICE AND TERESA
  • Current Owner 2: PRICE
  • Previous Owner : HALL ALAN L
  • Owner Before Previous Owner: MCCOY RUSSELL P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Meigs County School District
  • Census Tract: 960100

Zoning

  • Zoning: RES

Geography

  • Assessors Map Reference: 006C
  • District: 04
  • Parcel: 061006C B 01800
  • Lot: 107
  • Latitude: 35.7015
  • Longitude: -84.6971

    Address

  • Full Address: 159 Cottage Dr
  • Address - House Number: 159
  • Address - Street Name: Cottage
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Ten Mile
  • Carrier Code: R003
  • 4-Digit Zip Code: 5421
  • Zip Code: 37880

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,575
  • Tax Rate Code Area: 61A00

    Appraisal Valuation

  • Standard Deviation: 0.4585
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 8
  • Final Value: 338,398
  • High Value: 493,582
  • Low Value: 183,213

    Market Valuation

  • Market Total Value: $373,100
  • Market Land Value: $80,000
  • Market Improvement Value: $293,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $93,275
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $73,275

    Sales

  • Current Sale Contract Date: Jul 16, 1996
  • Current Sale Recording Date: Jul 24, 2023
  • Current Sale Transaction ID: 11909851908
  • Current Sale Price: $630,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 46413
  • Previous Sale Recording Date: May 18, 2017
  • Previous Sale Contract Date: May 15, 2017
  • Previous Sale Amount: $325,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD BANK
  • Previous Mortgage Transaction Date: May 18, 2017
  • Previous Mortgage Loan Amount: $260,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Meigs



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Frequently Asked Questions

What neighborhood is 159 Cottage Drive located in?
The 159 Cottage Drive is a located in the neighborhood of Meigs in Meigs, Ten Mile.
What is the average sales price for listings in 159 Cottage Drive?
The average sales price for units in 159 Cottage Drive is $0 currently.

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