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40 Norma Carol Cove

40 Norma Carol Cove, Oakland, TN 38060
House in Fayette
Sold Oct 04, 2021
$295,000
$524,388,000 by Goldman Sachs Mortgage Company
Mortgage
Sold Aug 16, 2017
$187,000
$149,000 by The Bank Of Fayette County
Mortgage Due Nov 15, 2022
40 Norma Carol Cove in Oakland, TN was first built in 1999 and is 25 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 custom style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 40 Norma Carol Cove has 1,990 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 1,510 ft and the linear feet between the front and back of the lot is 800. 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 home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 491 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 average. The exterior walls of the home are made of brick. 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 air conditioning. As for heating, the home is utilizing a forced air unit. 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. The property was last sold in Sep 30, 2021 for $295,000. That's $118.90 per sqft. Prior to that sales transaction, the property was also sold in Aug 15, 2017 for $187,000. 40 Norma Carol Cove was last assessed in 2024. The total value of the property was assessed at $49,850. Specifically, the land the property is located on was valued at $8,750. While improvements on the property were assessed at a total of $41,100. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,288. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Garage Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Custom
  • Exterior Walls Type: Brick
  • 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: 491
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 1,510
  • Total Building Area: 2,481
  • Gross Building Area: 2,481
  • Building Area: 1,990
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,990
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE OAKLANDS
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE OAKLANDS PB: 7 PG: 13 LOT: 189 SECTION D GIS 2000 86F D 189.00

Ownership

  • Current Owner : TRUE NORTH BORROWER TENNESSEE LLC
  • Previous Owner : MARNELL DIANNE K
  • Previous Owner 2: CHASTAIN JULIA C
  • Owner Before Previous Owner: KINNON WALTER R
  • Owner Before Previous Owner 2: KINNON LUCIANA F
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fayette County School District
  • School Tax School District: 24548
  • Census Tract: 060402

Geography

  • Assessors Map Reference: 086C
  • District: 08
  • Parcel: 086C-A-029.00
  • Lot: 189
  • Municipality: OAKLAND
  • Latitude: 35.2349
  • Longitude: -89.5292

    Address

  • Full Address: 40 Norma Carol Cv
  • Address - House Number: 40
  • Address - Street Name: Norma Carol
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Oakland
  • Carrier Code: R005
  • 4-Digit Zip Code: 3297
  • Zip Code: 38060

Valuation

    Tax

  • Total Area: 1,366
  • Tax Year: 2023
  • Tax Amount: $1,288
  • Tax Rate Code Area: 24A07

    Appraisal Valuation

  • Standard Deviation: 0.2292
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 68
  • Final Value: 330,390
  • High Value: 406,133
  • Low Value: 254,647

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $524,388,000
  • First Open Lien Mortgage Lender: GOLDMAN SACHS MORTGAGE COMPANY
  • First Open Lien Mortgage Recording Date: Apr 18, 2022
  • First Open Lien Mortgage Loan Amount: $524,388,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $199,400
  • Market Land Value: $35,000
  • Market Improvement Value: $164,400

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $49,850
  • Assessed Land Value: $8,750
  • Assessed Improvements Value: $41,100

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Oct 04, 2021
  • Current Sale Transaction ID: 11858738538
  • Current Sale Price: $295,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21009123
  • Previous Sale Recording Date: Aug 16, 2017
  • Previous Sale Contract Date: Aug 15, 2017
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: THE BANK OF FAYETTE COUNTY
  • Previous Mortgage Transaction Date: Aug 16, 2017
  • Previous Mortgage Loan Amount: $149,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Nov 15, 2022

About Oakland



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Frequently Asked Questions

What neighborhood is 40 Norma Carol Cove located in?
The 40 Norma Carol Cove is a house located in the neighborhood of Fayette in Oakland, Oakland.
What is the average sales price for listings in 40 Norma Carol Cove?
The average sales price for units in 40 Norma Carol Cove is $0 currently.

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