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2751 Preakness Drive

2751 Preakness Drive, Cookeville, TN 38506
Property in Putnam
Sold Oct 20, 2020
$220,000
$209,000 by Mortgage Investors Group Inc
Mortgage Due Nov 01, 2050
Sold Dec 29, 2017
$165,000
$166,666 by Bank Of Putnam County
Mortgage Due Jan 01, 2048
2751 Preakness Drive has been categorized by the local assessors in Cookeville, TN as a residential type of property. The building on the property was first built in 1992 and is 32 years old. However, we must point out that the home was most recently renovated and altered in 2008. Residents will have access to 2 full bathrooms. 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, 2751 Preakness Drive has 1,680 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 2,000 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 20,000 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 556 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a open porch. 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 unknown. 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. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a 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. The building on the property is connected to a sewer system. 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, 2751 Preakness Drive sold most recently in Oct 19, 2020 for a total of $220,000. If you work out the math, that's approximately a cost of $130.95 per sqft. Before that, the property was also sold for $165,000 in Dec 26, 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 $1,167 in taxes each year. 2751 Preakness Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $47,200. If we break it down further, the land itself was valued at $6,750. Improvements to the property, however, were assessed at a total of $40,450. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1992
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C+
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 556
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,680
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COLONIAL HEIGHTS PHASE II
  • Land Acres: 0.459
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 01, COUNTY AREA: H08

Ownership

  • Current Owner : HAYWOOD JESSE R
  • Current Owner 2: HAYWOOD HALLI
  • Previous Owner : DIXON ALEXANDER J
  • Previous Owner 2: DIXON KAYLA R
  • Owner Before Previous Owner: POWELL RICHARD CHRISTOPHER
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et ux (and wife)

Neighborhood

  • School District Name: Putnam County School District
  • Census Tract: 001201

Geography

  • Assessors Map Reference: 084K
  • District: 01
  • Parcel: 071084K B 01100
  • Lot: 80
  • Latitude: 36.114
  • Longitude: -85.5426

    Address

  • Full Address: 2751 Preakness Dr
  • Address - House Number: 2751
  • Address - Street Name: Preakness
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Cookeville
  • Carrier Code: R019
  • 4-Digit Zip Code: 5612
  • Zip Code: 38506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,167
  • Tax Rate Code Area: 71A00

    Appraisal Valuation

  • Standard Deviation: 0.2441
  • Valuation Date: Jan 25, 2023
  • Confidence Score: 65
  • Final Value: 330,592
  • High Value: 411,315
  • Low Value: 249,869

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $209,000
  • First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Open Lien Mortgage Recording Date: Oct 20, 2020
  • First Open Lien Mortgage Loan Amount: $209,000
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $188,800
  • Market Land Value: $27,000
  • Market Improvement Value: $161,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,200
  • Assessed Land Value: $6,750
  • Assessed Improvements Value: $40,450

    Sales

  • Current Sale Contract Date: Oct 19, 2020
  • Current Sale Recording Date: Oct 20, 2020
  • Current Sale Transaction ID: 11793322225
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 247498
  • Previous Sale Recording Date: Dec 29, 2017
  • Previous Sale Contract Date: Dec 26, 2017
  • Previous Sale Amount: $165,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE INVESTORS GROUP INC
  • First Mortgage Transaction Date: Oct 20, 2020
  • First Mortgage Loan Amount: $209,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF PUTNAM COUNTY
  • Previous Mortgage Transaction Date: Dec 29, 2017
  • Previous Mortgage Loan Amount: $166,666
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2048

About Putnam



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Frequently Asked Questions

What neighborhood is 2751 Preakness Drive located in?
The 2751 Preakness Drive is a located in the neighborhood of Putnam in Putnam, Cookeville.
What is the average sales price for listings in 2751 Preakness Drive?
The average sales price for units in 2751 Preakness Drive is $0 currently.

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