See Home Value
Cookeville 38506
518 Burton Ln
$511,341*
House - Off Market

518 Burton Ln

COOKEVILLE, TN 38506
bedrooms
6 Beds
bathrooms
4 Baths
square feet
3060 Sqft
$387,000 - $471,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model
Sold Jun 18, 2021
$422,500
$359,125 by Wilson Bank & Trust
Mortgage Due Jul 01, 2051
Sold Sep 01, 2020
$112,000

About This Property

Newly Remodeled 2220 sq. ft. home with 840 sq. ft. Detached Apartment/Guest House or Studio for a total living space of 3060 sq. ft. inside city limits with private pond ! Main house 5BR 3Bath and  has new hardwood floor w LVT in basement, New Cabinetry w Granite Countertops ,Paint ,Fixtures , Custom made Railings , New Decking , New Appliances . New Plumbing , Laundry room on main level and also laundry in basement . Newly Sealed Drive , Pergola Front Entry. Newly Remodeled Detached Apt/Guest House /Studio/Office 1BR 1Bath . New LVT Flooring , New Paint , New Cabinets , New Countertop  , New Plumbing , New Stove , New Microwave  New Dishwasher ,Full Bath . Sit on the back Deck and Enjoy your Morning Coffee with a Relaxing View of the Water. Offers will  be reviewed  after 10 am Weds. May 5. 2021.

The manager has listed the unit size as 3060 square feet.
Unit Size
3,060Ft²
Days on Market
-
Land Size
-
Price per sqft
$140
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973

Price History

Date / Event Date Event Price
Jun 18, 2021 Sold to Amanda N Mcmasters, Seth Mc... $422,500
Sold to Amanda N Mcmasters, Seth Mc...
May 8, 2021 No longer available -
No longer available
Apr 29, 2021 Listed $429,900
Listed

Property Highlights

Air Conditioning
Garage
With View

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 2005
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • 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: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 1,560
  • Garage Type: Carport
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 29,393
  • Lot Size Depth Feet: 2,210
  • Lot Size Frontage Feet: 1,330
  • Total Building Area: 2,220
  • Building Area: 2,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 2,220
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BURTON
  • Land Acres: 0.675
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DISTRICT: 01, COUNTY AREA: A07

Ownership

  • Current Owner : MCMASTERS SETH
  • Current Owner 2: MCMASTERS AMANDA N
  • Previous Owner : PHILLIPS BOBBY
  • Previous Owner 2: PHILLIPS STEPHEN
  • Owner Before Previous Owner: NEW PENN FINANCIAL LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Putnam County School District
  • School Tax School District: 71159
  • Census Tract: 000201

Geography

  • Assessors Map Reference: 052O
  • District: 01
  • Parcel: 071052O A 04000
  • Lot: 54
  • Municipality: COOKEVILLE
  • Latitude: 36.154
  • Longitude: -85.4599

    Address

  • Full Address: 518 Burton Ln
  • Address - House Number: 518
  • Address - Street Name: Burton
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Cookeville
  • Carrier Code: R013
  • 4-Digit Zip Code: 4988
  • Zip Code: 38506

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,336
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 71A03

    Appraisal Valuation

  • Standard Deviation: 0.2593
  • Valuation Date: May 24, 2023
  • Confidence Score: 63
  • Final Value: 471,349
  • High Value: 593,605
  • Low Value: 349,094

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $409,125
  • First Open Lien Mortgage Lender: WILSON BANK & TRUST
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Loan Amount: $359,125
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051
  • Second Open Lien Mortgage Lender: WILSON BANK & TRUST
  • Second Open Lien Mortgage Recording Date: May 19, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 05, 2033

    Market Valuation

  • Market Total Value: $283,800
  • Market Land Value: $27,000
  • Market Improvement Value: $256,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $70,950
  • Assessed Land Value: $6,750
  • Assessed Improvements Value: $64,200

    Sales

  • Current Sale Contract Date: Jun 18, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11840569957
  • Current Sale Price: $422,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 258740
  • Previous Sale Recording Date: Sep 01, 2020
  • Previous Sale Contract Date: Jul 29, 2020
  • Previous Sale Amount: $112,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: WILSON BANK & TRUST
  • First Mortgage Transaction Date: Jun 18, 2021
  • First Mortgage Loan Amount: $359,125
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
2,948 ft²
$170/ft²
$501,348 Jan 23, 2021
-
$4,535/mo
House
5 Beds
4 Baths
3,257 ft²
$155/ft²
$504,250 Jan 23, 2021
-
$4,835/mo
House
3 Beds
2.5 Baths
2,850 ft²
$139/ft²
$394,929 Nov 13, 2023
-
-
House
3 Beds
2.5 Baths
2,610 ft²
$153/ft²
$399,929 Nov 8, 2023
-
-
House
4 Beds
3 Baths
2,767 ft²
$172/ft²
$477,045 Jan 23, 2021
-
$4,535/mo
House
4 Beds
3 Baths
2,767 ft²
$175/ft²
$484,885 Mar 15, 2021
-
$4,835/mo
In Contract
House
3 Beds
3 Baths
1,640 ft²
$226/ft²
$369,900 Apr 30, 2021
-
$2,000/mo
Multifamily
Stu
-
2,007 ft²
$189/ft²
$379,000 Oct 16, 2023
-
-

About Cookeville


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Frequently Asked Questions

When was property at 518 Burton Lane built and last sold?
The property at 518 Burton Lane was built in 1973 and last sold on Jun 18, 2021 for $422,500.
How much is this home worth?
The estimated value of the home located at 518 Burton Lane is $434,464.
What are some comparable homes to 518 Burton Lane?
There are currently no comparable homes to 518 Burton Lane.

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