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301 East Lincoln Street

301 East Lincoln Street, Tullahoma, TN 37388
Commercial in Coffee
2 Units For Sale
Unit for sale at 301 E Lincoln St, Tullahoma, TN 37388

$199,900 In Contract

  • Commercial
  • 1,653 ft²
301 E Lincoln St, Tullahoma, TN 37388 Listing by Renee Keene

Unit for sale at 301 E Lincoln St, Tullahoma, TN 37388

$159,900 In Contract

  • Commercial
  • 1,653 ft²
301 E Lincoln St, Tullahoma, TN 37388 Listing by Renee Keene

Local assessors in Tullahoma, TN have categorized 301 East Lincoln Street as a commercial type of property. The home was built in 1968 and is 56 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 43,560 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 980 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 301 East Lincoln Street has a total of 1,653 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a wood truss style roof that was made of asphalt and ply sheets in a built-up roof style. Lots of concrete block were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. The home's a heating system is the primary heating source. 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, 301 East Lincoln Street sold most recently in Mar 4, 2021 for a total of $145,000. If you work out the math, that's approximately a cost of $87.72 per sqft. Before that, the property was also sold for $70,000 in Feb 1, 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 $1,717 in taxes each year. The initial year of tax delinquency occurred in 2022. 301 East Lincoln Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $43,960. If we break it down further, the land itself was valued at $19,040. Improvements to the property, however, were assessed at a total of $24,920. 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. 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 description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Wood truss
  • Roof Cover Type: Built-up
  • Floor Count: 1
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 980
  • Total Building Area: 1,653
  • Gross Building Area: 1,653
  • Building Area: 1,653
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,653
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Commercial
  • Subdivision: TOWN PLAN OF TULLAHOMA
  • Land Acres: 1
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: TOWN PLAN OF TULLAHOMA PB: 133B 98X120

Ownership

  • Current Owner : COOPER DAVID NEAL
  • Current Owner 2: COOPER SHONDA KAY
  • Previous Owner : LAND STEEN PROPERTIES
  • Owner Before Previous Owner: JACKSON NORMA A
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 04, 2024

Neighborhood

  • School District Name: Tullahoma City School District
  • School Tax School District: 16743
  • Census Tract: 970801

Zoning

  • Zoning: C2

Geography

  • Assessors Map Reference: 124K
  • District: 09
  • Parcel: 124K-K-018.00
  • Lot: 1
  • Municipality: TULLAHOMA
  • Latitude: 35.365
  • Longitude: -86.2064

    Address

  • Full Address: 301 E Lincoln St
  • Address - House Number: 301
  • Street Direction: E
  • Address - Street Name: Lincoln
  • Address - Suffix Type: St
  • State: TN
  • City Name: Tullahoma
  • Carrier Code: C005
  • 4-Digit Zip Code: 3749
  • Zip Code: 37388

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,717
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 16D02

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $123,250
  • First Open Lien Mortgage Lender: FIRSTBANK
  • First Open Lien Mortgage Recording Date: Apr 08, 2021
  • First Open Lien Mortgage Loan Amount: $123,250
  • First Open Lien Mortgage Term: 36
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Apr 07, 2024

    Market Valuation

  • Market Total Value: $109,900
  • Market Land Value: $47,600
  • Market Improvement Value: $62,300

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $43,960
  • Assessed Land Value: $19,040
  • Assessed Improvements Value: $24,920

    Sales

  • Current Sale Contract Date: Mar 04, 2021
  • Current Sale Recording Date: Apr 08, 2021
  • Current Sale Transaction ID: 11830680040
  • Current Sale Price: $145,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21003368
  • Previous Sale Recording Date: Feb 03, 2017
  • Previous Sale Contract Date: Feb 01, 2017
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTBANK
  • First Mortgage Transaction Date: Apr 08, 2021
  • First Mortgage Loan Amount: $123,250
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Apr 07, 2024

    Previous Mortgages

  • Previous Mortgage Lender: LANDERS JANE
  • Previous Mortgage Transaction Date: Feb 03, 2017
  • Previous Mortgage Loan Amount: $69,918
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Tullahoma



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 301 East Lincoln Street located in?
The 301 East Lincoln Street is a commercial located in the neighborhood of Coffee in Tullahoma, Tullahoma.
How many listings are currently for sale in 301 East Lincoln Street?
There are two listings currently on the market for sale.
What is the average sales price for listings in 301 East Lincoln Street?
The average sales price for units in 301 East Lincoln Street is $159,900 , or $97/sqft. currently.

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