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296 Cambridge Lane

296 Cambridge Lane, Manchester, TN 37355
Property in Coffee
Sold Jul 02, 2014
$405,000
$960,000 by First Vision Bank Of Tennessee
Mortgage Due Jun 21, 2033
Sold Apr 11, 2006
Transfer
296 Cambridge Lane in Manchester, TN was first built in 1998 and is 26 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 unknown. There are a total of 2 floors. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 296 Cambridge Lane has 17,274 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 368,953 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. 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 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 attached garage. The garage is 840 sqft. There are a total of 3 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 brick. While the interior walls are made of paneling. 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, 296 Cambridge Lane was last sold in Jun 30, 2014 for $405,000. According to our calculations, that's $22.36 per sqft. Current property owners are expected to pay $5,765 in taxes per year. The property on 296 Cambridge Lane was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $247,300. To break that down further, the land itself was valued at $23,750. While improvements to the property were assessed at a total of $223,550. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1998
  • Effective Year Built: 1998
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Interior Walls Type: Paneling
  • 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 Type: Attached
  • Garage Square Area: 840
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 368,953
  • Total Building Area: 18,114
  • Gross Building Area: 18,114
  • Building Area: 17,274
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 17,274
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CAMBRIDGE ESTATES
  • Land Acres: 8.47
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CAMBRIDGE ESTATES PB: 97B

Ownership

  • Current Owner : RANDALL RONNIE L
  • Previous Owner : SMOTHERMAN TENNIE J
  • Owner Before Previous Owner: SMOTHERMAN MARC N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Coffee County School District
  • Census Tract: 970402

Geography

  • Assessors Map Reference: 086
  • District: 05
  • Parcel: 086-005.09
  • Latitude: 35.4486
  • Longitude: -86.1233

    Address

  • Full Address: 296 Cambridge Ln
  • Address - House Number: 296
  • Address - Street Name: Cambridge
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Manchester
  • Carrier Code: R011
  • 4-Digit Zip Code: 2877
  • Zip Code: 37355

Valuation

    Tax

  • Total Area: 2,592
  • Tax Year: 2023
  • Tax Amount: $5,765
  • Tax Rate Code Area: 16A00

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 68
  • Final Value: 837,404
  • High Value: 1,030,099
  • Low Value: 644,708

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $960,000
  • First Open Lien Mortgage Lender: FIRST VISION BANK OF TENNESSEE
  • First Open Lien Mortgage Recording Date: Jul 06, 2023
  • First Open Lien Mortgage Loan Amount: $960,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jun 21, 2033

    Market Valuation

  • Market Total Value: $989,200
  • Market Land Value: $95,000
  • Market Improvement Value: $894,200

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $247,300
  • Assessed Land Value: $23,750
  • Assessed Improvements Value: $223,550

    Sales

  • Current Sale Contract Date: Jun 30, 2014
  • Current Sale Recording Date: Jul 02, 2014
  • Current Sale Transaction ID: 11440182584
  • Current Sale Price: $405,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14003974
  • Previous Sale Recording Date: Apr 11, 2006
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: COFFEE COUNTY BANK
  • First Mortgage Transaction Date: Jul 02, 2014
  • First Mortgage Loan Amount: $360,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Coffee



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Frequently Asked Questions

What neighborhood is 296 Cambridge Lane located in?
The 296 Cambridge Lane is a located in the neighborhood of Coffee in Coffee, Manchester.
What is the average sales price for listings in 296 Cambridge Lane?
The average sales price for units in 296 Cambridge Lane is $0 currently.

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