Check Availability

335 Cotton Lane

335 Cotton Lane, Leoma, TN 38468
House in Lawrence
Sold Nov 18, 2019
$376,000
$387,153 by Navy Fcu
Mortgage Due Dec 01, 2049
Sold Feb 11, 2019
$16,000
$268,000 by Lawrenceburg Federal Bank
Mortgage Due Feb 11, 2020
335 Cotton Lane in Leoma, TN was first built in 2019 and is 5 years old. 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 4 full bathrooms. There are 5 partial bathrooms. 335 Cotton Lane has 3,068 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 77,537 square feet.

Learn more about the property and building on this page. There is a open porch. 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 596 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 good. 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. 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, 335 Cotton Lane sold most recently in Nov 8, 2019 for a total of $376,000. If you work out the math, that's approximately a cost of $122.56 per sqft. Before that, the property was also sold for $16,000 in Feb 11, 2019. 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 $2,283 in taxes each year. 335 Cotton Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $113,575. If we break it down further, the land itself was valued at $5,650. Improvements to the property, however, were assessed at a total of $107,925. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Condition

New Construction

Exterior

Hardboard Siding
Stone Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Good
  • 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
  • Basement Area: 0
  • Garage Square Area: 596
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 77,537
  • Total Building Area: 3,068
  • Building Area: 3,068
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 3,068
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SUGAR CREEK FARMS SEC 1
  • Land Acres: 1.78
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 4; SUBDIVISION: SUGAR CREEK FARMS SEC 1

Ownership

  • Current Owner : BOSHEERS WESLEY
  • Previous Owner : SLATER TIMOTHY D
  • Previous Owner 2: SLATER PAULA W
  • Owner Before Previous Owner: LAWRENCEBURG FEDERAL BANK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lawrence County School District
  • Census Tract: 960800

Geography

  • Assessors Map Reference: 107
  • District: 04
  • Parcel: 050107 08611
  • Lot: 7
  • Latitude: 35.1804
  • Longitude: -87.3356

    Address

  • Full Address: 335 Cotton Ln
  • Address - House Number: 335
  • Address - Street Name: Cotton
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Leoma
  • Carrier Code: R003
  • 4-Digit Zip Code: 5259
  • Zip Code: 38468

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,283
  • Tax Rate Code Area: 50A00

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 535,444
  • High Value: 770,110
  • Low Value: 300,777

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $387,153
  • First Open Lien Mortgage Lender: NAVY FCU
  • First Open Lien Mortgage Recording Date: Nov 18, 2019
  • First Open Lien Mortgage Loan Amount: $387,153
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $454,300
  • Market Land Value: $22,600
  • Market Improvement Value: $431,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,575
  • Assessed Land Value: $5,650
  • Assessed Improvements Value: $107,925

    Sales

  • Current Sale Contract Date: Nov 08, 2019
  • Current Sale Recording Date: Nov 18, 2019
  • Current Sale Transaction ID: 11729445693
  • Current Sale Price: $376,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19005978
  • Previous Sale Recording Date: Feb 11, 2019
  • Previous Sale Contract Date: Feb 11, 2019
  • Previous Sale Amount: $16,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NAVY FCU
  • First Mortgage Transaction Date: Nov 18, 2019
  • First Mortgage Loan Amount: $387,153
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: LAWRENCEBURG FEDERAL BANK
  • Previous Mortgage Transaction Date: Feb 11, 2019
  • Previous Mortgage Loan Amount: $268,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Feb 11, 2020

About Lawrence



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 335 Cotton Lane located in?
The 335 Cotton Lane is a house located in the neighborhood of Lawrence in Lawrence, Leoma.
What is the average sales price for listings in 335 Cotton Lane?
The average sales price for units in 335 Cotton Lane is $0 currently.

Quantcast