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40 Cottonwood Drive

40 Cottonwood Drive, Crossville, TN 38555
Property in Cumberland
Sold Apr 23, 2003
$63,500
$125,000 by Progressive Savings Bank
Mortgage Due Jan 01, 2040
Sold Mar 05, 1997
$4,800
Buyer
Seller
40 Cottonwood Drive in Crossville, TN was first built in 1997 and is 27 years old. Although, the building on the property was most recently renovated and altered in 2007. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 40 Cottonwood Drive has 1,872 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 1,190 ft and the linear feet between the front and back of the lot is 2,390. 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 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 720 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 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, 40 Cottonwood Drive sold most recently in Jan 1, 1970 for a total of $63,500. If you work out the math, that's approximately a cost of $24.50 per sqft. Before that, the property was also sold for $4,800 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 $603 in taxes each year. 40 Cottonwood Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $53,125. If we break it down further, the land itself was valued at $3,500. Improvements to the property, however, were assessed at a total of $49,625. 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. 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: 1997
  • Effective Year Built: 2007
  • 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
  • Building Style: Custom
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • 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: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,390
  • Lot Size Frontage Feet: 1,190
  • Total Building Area: 2,592
  • Gross Building Area: 2,592
  • Building Area: 1,872
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,872
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BENTTREE
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • State Land Use Code: Pipeline or right-of-way
  • Legal Description 1: BENTTREE PB 8 PG 156 LOT 53 118.80 X 238.57

Ownership

  • Current Owner : SCHUBERT THOMAS C
  • Previous Owner : STANLEY CLIFFORD SHARON
  • Owner Before Previous Owner: BEATY ROYAL M

Neighborhood

  • School District Name: Cumberland County School District
  • Census Tract: 970601

Geography

  • Assessors Map Reference: 125K
  • District: 01
  • Parcel: 125K-B-022.00
  • Lot: 53
  • Municipality: CUMBERLAND COUNTY
  • Latitude: 35.9133
  • Longitude: -85.0713

    Address

  • Full Address: 40 Cottonwood Dr
  • Address - House Number: 40
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Dr
  • State: TN
  • City Name: Crossville
  • Carrier Code: R021
  • 4-Digit Zip Code: 6835
  • Zip Code: 38555

Valuation

    Tax

  • Total Area: 1,152
  • Tax Year: 2023
  • Tax Amount: $603
  • Tax Rate Code Area: 18A00

    Appraisal Valuation

  • Standard Deviation: 0.274
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 322,709
  • High Value: 411,144
  • Low Value: 234,274

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,000
  • First Open Lien Mortgage Lender: PROGRESSIVE SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jun 05, 2018
  • First Open Lien Mortgage Loan Amount: $125,000
  • First Open Lien Mortgage Term: 258
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2040

    Market Valuation

  • Market Total Value: $212,500
  • Market Land Value: $14,000
  • Market Improvement Value: $198,500

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $53,125
  • Assessed Land Value: $3,500
  • Assessed Improvements Value: $49,625

    Sales

  • Current Sale Recording Date: Apr 23, 2003
  • Current Sale Transaction ID: 11440337535
  • Current Sale Price: $63,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Mar 05, 1997
  • Previous Sale Amount: $4,800
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHASE MANHATTAN
  • First Mortgage Transaction Date: Apr 23, 2003
  • First Mortgage Loan Amount: $68,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 17, 2033

About Cumberland



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Frequently Asked Questions

What neighborhood is 40 Cottonwood Drive located in?
The 40 Cottonwood Drive is a located in the neighborhood of Cumberland in Cumberland, Crossville.
What is the average sales price for listings in 40 Cottonwood Drive?
The average sales price for units in 40 Cottonwood Drive is $0 currently.

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