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307 Cornwell Avenue

307 Cornwell Avenue, Watertown, TN 37184
Property in Wilson
Sold Sep 16, 2021
$130,000
$178,500 by First Freedom Bank
Mortgage Due Jan 02, 2030
Sold Jul 16, 2010
$58,000
307 Cornwell Avenue in Watertown, TN was first built in 1935 and is 89 years old. 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. 307 Cornwell Avenue has 696 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. The linear feet across the front of the lot is 1,500 ft and the linear feet between the front and back of the lot is 1,500. 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 unknown and a unknown. The home has a gable or hip style roof made of metal. 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 alum/vinyl siding. 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. 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, 307 Cornwell Avenue sold most recently in Sep 15, 2021 for a total of $130,000. If you work out the math, that's approximately a cost of $186.78 per sqft. Before that, the property was also sold for $58,000 in Jan 1, 1970. 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 $387 in taxes each year. The initial year of tax delinquency occurred in 2022. 307 Cornwell Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $20,250. If we break it down further, the land itself was valued at $11,250. Improvements to the property, however, were assessed at a total of $9,000. 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. 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!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: 1935
  • Effective Year Built: 1935
  • 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
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 696
  • Gross Building Area: 696
  • Building Area: 696
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 696
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 150 X 150 M

Ownership

  • Current Owner : VANCE JAMES CHRISTOPHER
  • Previous Owner : VANCE CHARLENE ROBIN
  • Previous Owner 2: ESTATE OF HELEN DIANN MATHIS G
  • Owner Before Previous Owner: BARRETT BARBARA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wilson County School District
  • School Tax School District: 95758
  • Census Tract: 031000

Geography

  • Assessors Map Reference: 128A
  • District: 16
  • Parcel: 128A-B-032.00
  • Municipality: WATERTOWN
  • Latitude: 36.1041
  • Longitude: -86.1394

    Address

  • Full Address: 307 Cornwell Ave
  • Address - House Number: 307
  • Address - Street Name: Cornwell
  • Address - Suffix Type: Ave
  • State: TN
  • City Name: Watertown
  • Carrier Code: R004
  • 4-Digit Zip Code: 1062
  • Zip Code: 37184

Valuation

    Tax

  • Total Area: 696
  • Tax Year: 2023
  • Tax Amount: $387
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 95I02

    Appraisal Valuation

  • Standard Deviation: 0.218
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 70
  • Final Value: 174,468
  • High Value: 212,517
  • Low Value: 136,420

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $178,500
  • First Open Lien Mortgage Lender: FIRST FREEDOM BANK
  • First Open Lien Mortgage Recording Date: Nov 29, 2022
  • First Open Lien Mortgage Loan Amount: $178,500
  • First Open Lien Mortgage Term: 85
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 02, 2030

    Market Valuation

  • Market Total Value: $81,000
  • Market Land Value: $45,000
  • Market Improvement Value: $36,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $20,250
  • Assessed Land Value: $11,250
  • Assessed Improvements Value: $9,000

    Sales

  • Current Sale Contract Date: Sep 15, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Transaction ID: 11855659434
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21032576
  • Previous Sale Recording Date: Jul 16, 2010
  • Previous Sale Amount: $58,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WILSON BANK & TRUST
  • First Mortgage Transaction Date: Sep 16, 2021
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Sep 15, 2022

About Watertown



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Frequently Asked Questions

What neighborhood is 307 Cornwell Avenue located in?
The 307 Cornwell Avenue is a located in the neighborhood of Wilson in Watertown, Watertown.
What is the average sales price for listings in 307 Cornwell Avenue?
The average sales price for units in 307 Cornwell Avenue is $0 currently.

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