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2880 Patterson Road

2880 Patterson Road, Cleveland, TN 37323
Multifamily in Bradley
Sold Dec 07, 2021
$216,000
$212,087 by Caliber Home Loans Inc
Mortgage Due Jan 01, 2052
2880 Patterson Road in Cleveland, TN was first built in 1950 and is 74 years old. Although, the building on the property was most recently renovated and altered in 2005. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 2880 Patterson Road has 1,230 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 33,977 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 a municipal system. The property is connected to a sewer system. 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 air conditioning. As for heating, the home is utilizing a forced air unit. The property was last sold in Dec 1, 2021 for $216,000. That's $175.61 per sqft. 2880 Patterson Road was last assessed in 2022. The total value of the property was assessed at $32,350. Specifically, the land the property is located on was valued at $4,150. While improvements on the property were assessed at a total of $28,200. 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 $576. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • 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: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 33,977
  • Total Building Area: 1,230
  • Gross Building Area: 1,230
  • Building Area: 1,230
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,230
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: JEREMY FOWLER PROPERTY
  • Land Acres: 0.78
  • Standard Land Use Code: Single family residential
  • Legal Description 1: JEREMY FOWLER PROPERTY PB: 35 PG: 38 LOT: 1 LOT 1

Ownership

  • Current Owner : STEVENSON JOHN CHARLES
  • Current Owner 2: STEVENSON SAMANTHA JORDAN
  • Previous Owner : FOWLER JEREMY BLAKE
  • Previous Owner 2: FRANK DELANO ELLIS TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bradley County School District
  • Census Tract: 011601

Zoning

  • Zoning: FAR

Geography

  • Assessors Map Reference: 066
  • District: 01
  • Section: 38
  • Parcel: 066-012.01
  • Lot: 1
  • Municipality: BRADLEY COUNTY
  • Latitude: 35.1268
  • Longitude: -84.8311

    Address

  • Full Address: 2880 Patterson Rd Se
  • Address - House Number: 2880
  • Street Segment Direction: SE
  • Address - Street Name: Patterson
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Cleveland
  • Carrier Code: C016
  • 4-Digit Zip Code: 4036
  • Zip Code: 37323

Valuation

    Tax

  • Total Area: 960
  • Tax Year: 2022
  • Tax Amount: $576
  • Tax Rate Code Area: 06B00

    Appraisal Valuation

  • Standard Deviation: 0.4798
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 4
  • Final Value: 199,985
  • High Value: 295,948
  • Low Value: 104,021

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $225,047
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 07, 2021
  • First Open Lien Mortgage Loan Amount: $212,087
  • 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: Jan 01, 2052
  • Second Open Lien Mortgage Lender: CALIBER HOME LOANS, INC.
  • Second Open Lien Mortgage Recording Date: Dec 07, 2021
  • Second Open Lien Mortgage Loan Amount: $12,960
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $129,400
  • Market Land Value: $16,600
  • Market Improvement Value: $112,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,350
  • Assessed Land Value: $4,150
  • Assessed Improvements Value: $28,200

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 07, 2021
  • Current Sale Transaction ID: 11873353269
  • Current Sale Price: $216,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21020291

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Dec 07, 2021
  • First Mortgage Loan Amount: $212,087
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052
  • Second Mortgage Lender: CALIBER HOME LOANS, INC.
  • Second Mortgage Transaction Date: Dec 07, 2021
  • Second Mortgage Loan Amount: $12,960
  • Second Mortgage Loan Due Date: Jan 01, 2037

About Bradley



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Frequently Asked Questions

What neighborhood is 2880 Patterson Road located in?
The 2880 Patterson Road is a multifamily located in the neighborhood of Bradley in Bradley, Cleveland.
What is the average sales price for listings in 2880 Patterson Road?
The average sales price for units in 2880 Patterson Road is $0 currently.

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