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197 Cornerstone Circle

197 Cornerstone Circle, Clinton, TN 37716
Property in Anderson
Sold Aug 08, 2022
$259,900
$246,905 by Mortgage Investors Group
Mortgage Due Sep 01, 2052
Sold Nov 12, 2021
$40,000
$190,000 by Community Trust Bank Inc
Mortgage
197 Cornerstone Circle in Clinton, TN was first built in 2022 and is 2 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 197 Cornerstone Circle has 1,196 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 1,050 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 43,560 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from none system. We do not have data on where the property's water is sourced from. For those who need parking, there is a attached garage. The garage is 440 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. 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 air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Aug 5, 2022 for $259,900. That's $158.86 per sqft. Prior to that sales transaction, the property was also sold in Nov 5, 2021 for $40,000. 197 Cornerstone Circle was last assessed in 2024. The total value of the property was assessed at $41,925. Specifically, the land the property is located on was valued at $8,750. While improvements on the property were assessed at a total of $33,175. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,102. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Block Exterior
Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,636
  • Gross Building Area: 1,636
  • Building Area: 1,196
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,196
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: BROOKSTONE RIDGE PH THREE
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BROOKSTONE RIDGE PH THREE PB: 7 PG: 149A LOT: 49 105.34X100 IRR

Ownership

  • Current Owner : LAY HUGHSTON J
  • Current Owner 2: LAY MERRY C
  • Previous Owner : DOUBLE L CONSTRUCTION LLC
  • Owner Before Previous Owner: BROOKSTONE RIDGE LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Anderson County School District
  • Census Tract: 020901

Geography

  • Assessors Map Reference: 044A
  • District: 01
  • Parcel: 044A-B-049.00
  • Lot: 49
  • Municipality: ANDERSON COUNTY
  • Latitude: 36.1769
  • Longitude: -84.047

    Address

  • Full Address: 197 Cornerstone Cir
  • Address - House Number: 197
  • Address - Street Name: Cornerstone
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Clinton
  • Carrier Code: R011
  • 4-Digit Zip Code: 7225
  • Zip Code: 37716

Valuation

    Tax

  • Total Area: 1,196
  • Tax Year: 2023
  • Tax Amount: $1,102
  • Tax Rate Code Area: 01A00

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $246,905
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Open Lien Mortgage Recording Date: Aug 08, 2022
  • First Open Lien Mortgage Loan Amount: $246,905
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $167,700
  • Market Land Value: $35,000
  • Market Improvement Value: $132,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $41,925
  • Assessed Land Value: $8,750
  • Assessed Improvements Value: $33,175

    Sales

  • Current Sale Contract Date: Aug 05, 2022
  • Current Sale Recording Date: Aug 08, 2022
  • Current Sale Transaction ID: 11894334304
  • Current Sale Price: $259,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8820
  • Previous Sale Recording Date: Nov 12, 2021
  • Previous Sale Contract Date: Nov 05, 2021
  • Previous Sale Amount: $40,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP
  • First Mortgage Transaction Date: Aug 08, 2022
  • First Mortgage Loan Amount: $246,905
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: COMMUNITY TRUST BANK INC
  • Previous Mortgage Transaction Date: Nov 12, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $190,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Anderson



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Frequently Asked Questions

What neighborhood is 197 Cornerstone Circle located in?
The 197 Cornerstone Circle is a located in the neighborhood of Anderson in Anderson, Clinton.
What is the average sales price for listings in 197 Cornerstone Circle?
The average sales price for units in 197 Cornerstone Circle is $0 currently.

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