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2816 Old Salem Drive

2816 Old Salem Drive, Cookeville, TN 38506
Property in Putnam
Sold Mar 13, 1998
$149,860
$114,800 by Union Planters Bank Na
Mortgage Due Mar 10, 2028
Sold Feb 10, 1998
$149,900
2816 Old Salem Drive in Cookeville, TN was first built in 1980 and is 44 years old. Although, the building on the property was most recently renovated and altered in 2008. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 4 partial bathrooms. 2816 Old Salem Drive has 2,384 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. 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 porch and a patio. The home has a gable or hip style roof made of composition shingle. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 470 sqft. There are a total of 2 available parking spaces. 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 unknown. 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. 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, 2816 Old Salem Drive was last sold in Jan 1, 1970 for $149,860. According to our calculations, that's $62.86 per sqft. Prior to that sales transaction, the property was sold for $149,900 in Jan 1, 1970. Current property owners are expected to pay $1,361 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2018. The property on 2816 Old Salem Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $55,075. To break that down further, the land itself was valued at $6,250. While improvements to the property were assessed at a total of $48,825. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1980
  • Effective Year Built: 2008
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 11
  • 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: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Square Area: 470
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 2,384
  • Building Area: 2,384
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,384
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: COLONIAL HILLS
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 01, COUNTY AREA: H04

Ownership

  • Current Owner : BASSETT CHARLES D
  • Current Owner 2: BASSETT JANEY
  • Previous Owner : CROUSE WILLIAM M
  • 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: 084J
  • District: 01
  • Parcel: 071084J B 06300
  • Lot: 9
  • Latitude: 36.1152
  • Longitude: -85.5555

    Address

  • Full Address: 2816 Old Salem Dr
  • Address - House Number: 2816
  • Address - Street Name: Old Salem
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Cookeville
  • Carrier Code: R015
  • 4-Digit Zip Code: 6441
  • Zip Code: 38506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,361
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 71A00

    Appraisal Valuation

  • Standard Deviation: 0.2559
  • Valuation Date: Jan 25, 2023
  • Confidence Score: 63
  • Final Value: 399,921
  • High Value: 502,293
  • Low Value: 297,548

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $114,800
  • First Open Lien Mortgage Lender: UNION PLANTERS BANK NA
  • First Open Lien Mortgage Recording Date: Mar 13, 1998
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $114,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Mar 10, 2028

    Market Valuation

  • Market Total Value: $220,300
  • Market Land Value: $25,000
  • Market Improvement Value: $195,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,075
  • Assessed Land Value: $6,250
  • Assessed Improvements Value: $48,825

    Sales

  • Current Sale Recording Date: Mar 13, 1998
  • Current Sale Transaction ID: 1202383466
  • Current Sale Price: $149,860
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Feb 10, 1998
  • Previous Sale Amount: $149,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION PLANTERS BANK NA
  • First Mortgage Transaction Date: Mar 13, 1998
  • First Mortgage Loan Amount: $114,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Mar 10, 2028

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Putnam



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Frequently Asked Questions

What neighborhood is 2816 Old Salem Drive located in?
The 2816 Old Salem Drive is a located in the neighborhood of Putnam in Putnam, Cookeville.
What is the average sales price for listings in 2816 Old Salem Drive?
The average sales price for units in 2816 Old Salem Drive is $0 currently.

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