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516 Cumberland Estates Road

516 Cumberland Estates Road, Cumberland Gap, TN 37724
House in Claiborne
2 Units For Sale
Unit for sale at 516 Cumberland Gap Estates RD, Cumberland Gap, TN 37724

$250,000

  • Loft
  • 2 Baths
  • 1,931 ft²
516 Cumberland Gap Estates RD, Cumberland Gap, TN 37724 Listing by Shanda Violet

Unit for sale at 516 Cumberland Estates Rd, Cumberland Gap, TN 37724

$500,000

  • Loft
  • 2 Baths
  • 1,931 ft²
516 Cumberland Estates Rd, Cumberland Gap, TN 37724 Listing by Shanda Violet

516 Cumberland Estates Road has been categorized by the local assessors in Cumberland Gap, TN as a residential type of property. The building on the property was first built in 1975 and is 49 years old. However, we must point out that the home was most recently renovated and altered in 1987. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 516 Cumberland Estates Road has 1,283 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 648 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 120,661 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a mixed used garage for those who require parking. The garage measured 330 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a open porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of brick. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. 516 Cumberland Estates Road was last assessed in 2022. The total value of the property was assessed at $40,775. Specifically, the land the property is located on was valued at $7,625. While improvements on the property were assessed at a total of $33,150. 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 $938. 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.

Building Features

Exterior

Brick Exterior

Parking

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

2 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191004
10/04/2019
3 Bed
2 Bath
1931 ft²
$210,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1931 ft²
-
-
-
-
20180914
09/14/2018
3 Bed
2 Bath
1931 ft²
-
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1931 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1987
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • 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: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 648
  • Garage Type: Mixed use
  • Garage Square Area: 330
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 120,661
  • Total Building Area: 1,283
  • Building Area: 1,283
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,283
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CUMBERLAND ESTATES
  • Land Acres: 2.77
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 06, COUNTY AREA: C01

Ownership

  • Current Owner : PEARMAN DANNY LEE
  • Current Owner 2: WIFE SHERRY

Neighborhood

  • School District Name: Claiborne County School District
  • Census Tract: 970300

Geography

  • Assessors Map Reference: 028
  • District: 06
  • Parcel: 028 06701
  • Lot: 42
  • Latitude: 36.5539
  • Longitude: -83.6855

    Address

  • Full Address: 516 Cumberland Estates Rd
  • Address - House Number: 516
  • Address - Street Name: Cumberland Estates
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Cumberland Gap
  • Carrier Code: R005
  • 4-Digit Zip Code: 4139
  • Zip Code: 37724

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $938
  • Tax Rate Code Area: 13A00

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 264,402
  • High Value: 379,899
  • Low Value: 148,904

    Market Valuation

  • Market Total Value: $163,100
  • Market Land Value: $30,500
  • Market Improvement Value: $132,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,775
  • Assessed Land Value: $7,625
  • Assessed Improvements Value: $33,150

    Sales

  • Current Sale Recording Date: Jan 01, 1975
  • Current Sale Transaction ID: 1935688054
  • Current Sale Document Type: Deed

About Claiborne



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House at 516 Cumberland Estates Road,

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474 Cumberland Estates Road, Cumberland Gap, TN 37724

Nearby Rentals

Unit for rent at Old Jacksboro Pike 213a 213a, Cumberland Gap, TN, 37724

$1,000 /mo

  • 1 Bed
  • 1 Bath
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Old Jacksboro Pike 213a 213a #Unit 213A, Cumberland Gap, TN, 37724 Listing by Manager

Frequently Asked Questions

What neighborhood is 516 Cumberland Estates Road located in?
The 516 Cumberland Estates Road is a house located in the neighborhood of Claiborne in Claiborne, Cumberland Gap.
How many listings are currently for sale in 516 Cumberland Estates Road?
There are two listings currently on the market for sale.
What is the average sales price for listings in 516 Cumberland Estates Road?
The average sales price for units in 516 Cumberland Estates Road is $375,000 , or $194/sqft. currently.

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