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7 Legacy Cove

7 Legacy Cove, Jackson, TN 38305
Property in Madison
Sold Jul 01, 2021
$262,000
$209,600 by Leaders Cu
Mortgage Due Jul 01, 2051
Sold Apr 10, 2018
$210,730
$206,912 by The Bank Of Jackson
Mortgage Due May 01, 2048
Local assessors in Jackson, TN have categorized 7 Legacy Cove as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 13,939 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7 Legacy Cove has a total of 1,974 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 782 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of brick were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7 Legacy Cove was last sold in Jun 30, 2021 for $262,000. According to our calculations, that's $95.07 per sqft. Prior to that sales transaction, the property was sold for $210,730 in Apr 9, 2018. Current property owners are expected to pay $1,344 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 7 Legacy Cove was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $83,400. To break that down further, the land itself was valued at $8,750. While improvements to the property were assessed at a total of $74,650. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 782
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 2,756
  • Gross Building Area: 2,756
  • Building Area: 1,974
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,974
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WYNDSTONE
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WYNDSTONE PB 11 PG 293 BLK 2 LOT 211

Ownership

  • Current Owner : ERWAY SHAWN LEE
  • Current Owner 2: ERWAY DARLENE
  • Previous Owner : SMITH LAUREN
  • Previous Owner 2: COLUMBIA LAUREN E ST
  • Owner Before Previous Owner: MCCALLUM CONSTRUCTION COMPANY INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jackson-Madison County School System
  • School Tax School District: 57359
  • Census Tract: 001611

Geography

  • Assessors Map Reference: 033K
  • District: 03
  • Parcel: 033K-F-011.00
  • Block: 2
  • Lot: 211
  • Municipality: JACKSON
  • Latitude: 35.7059
  • Longitude: -88.8456

    Address

  • Full Address: 7 Legacy Cv
  • Address - House Number: 7
  • Address - Street Name: Legacy
  • Address - Suffix Type: Cv
  • State: TN
  • City Name: Jackson
  • Carrier Code: R026
  • 4-Digit Zip Code: 3154
  • Zip Code: 38305

Valuation

    Tax

  • Total Area: 1,974
  • Tax Year: 2023
  • Tax Amount: $1,344
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 57A02

    Appraisal Valuation

  • Standard Deviation: 0.2647
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 62
  • Final Value: 327,545
  • High Value: 414,249
  • Low Value: 240,841

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $209,600
  • First Open Lien Mortgage Lender: LEADERS CU
  • First Open Lien Mortgage Recording Date: Jul 01, 2021
  • First Open Lien Mortgage Loan Amount: $209,600
  • 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

    Market Valuation

  • Market Total Value: $333,600
  • Market Land Value: $35,000
  • Market Improvement Value: $298,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $83,400
  • Assessed Land Value: $8,750
  • Assessed Improvements Value: $74,650

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jul 01, 2021
  • Current Sale Transaction ID: 11841634134
  • Current Sale Price: $262,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21009229
  • Previous Sale Recording Date: Apr 10, 2018
  • Previous Sale Contract Date: Apr 09, 2018
  • Previous Sale Amount: $210,730
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADERS CU
  • First Mortgage Transaction Date: Jul 01, 2021
  • First Mortgage Loan Amount: $209,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: THE BANK OF JACKSON
  • Previous Mortgage Transaction Date: Apr 10, 2018
  • Previous Mortgage Loan Amount: $206,912
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: May 01, 2048

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Frequently Asked Questions

What neighborhood is 7 Legacy Cove located in?
The 7 Legacy Cove is a located in the neighborhood of Madison in Jackson, Jackson.
What is the average sales price for listings in 7 Legacy Cove?
The average sales price for units in 7 Legacy Cove is $0 currently.

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