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7366 Cornuta Lane

7366 Cornuta Lane, Germantown, TN 38138
Property in Shelby
Sold Sep 21, 2021
$465,000
$372,000 by Eagle Mortgage & Funding Corp
Mortgage Due Oct 01, 2051
Sold Jan 04, 2021
$230,000
$330,500 by Cogent Bank
Mortgage
Local assessors in Germantown, TN have categorized 7366 Cornuta Lane as a residential type of property. The home was built in 1978 and is 46 years old. It was most recently renovated and altered in 2012. The property's lot size has been calculated to be 12,825 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 950 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a traditional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7366 Cornuta Lane has a total of 3,299 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. 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 504 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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 - D. The building has a gable style roof that was made of composition shingle. Lots of brick veneer were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Sep 10, 2021 for $465,000. That's $122.27 per sqft. Prior to that sales transaction, the property was also sold in Dec 29, 2020 for $230,000. 7366 Cornuta Lane was last assessed in 2022. The total value of the property was assessed at $103,375. Specifically, the land the property is located on was valued at $11,900. While improvements on the property were assessed at a total of $91,475. 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 $5,405. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 2012
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: D
  • Building Style: Traditional
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,825
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 950
  • Total Building Area: 3,803
  • Gross Building Area: 3,803
  • Building Area: 3,299
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,299
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE HILL SEC A
  • Land Acres: 0.294
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS CORNUTA LN

Ownership

  • Current Owner : CASERTA ANGELO
  • Current Owner 2: CASERTA DEBBIE
  • Previous Owner : HAYS LOWELL G
  • Previous Owner 2: HAYS NANCY E
  • Owner Before Previous Owner: BOWMAN FRAZIER C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Germantown Municipal School District
  • Census Tract: 021430

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: MB 67-17
  • District: G
  • Parcel: G0-230U-E0-0022
  • Lot: 18
  • Municipality: GERMANTOWN
  • Latitude: 35.0873
  • Longitude: -89.8176

    Address

  • Full Address: 7366 Cornuta Ln
  • Address - House Number: 7366
  • Address - Street Name: Cornuta
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Germantown
  • Carrier Code: C039
  • 4-Digit Zip Code: 4808
  • Zip Code: 38138

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,405

    Appraisal Valuation

  • Standard Deviation: 0.2267
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 68
  • Final Value: 513,474
  • High Value: 629,887
  • Low Value: 397,060

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $372,000
  • First Open Lien Mortgage Lender: EAGLE MORTGAGE & FUNDING CORP
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Loan Amount: $372,000
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $413,500
  • Market Land Value: $47,600
  • Market Improvement Value: $365,900

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103,375
  • Assessed Land Value: $11,900
  • Assessed Improvements Value: $91,475

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Transaction ID: 11855899468
  • Current Sale Price: $465,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21116710
  • Previous Sale Recording Date: Jan 04, 2021
  • Previous Sale Contract Date: Dec 29, 2020
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAGLE MORTGAGE & FUNDING CORP
  • First Mortgage Transaction Date: Sep 21, 2021
  • First Mortgage Loan Amount: $372,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COGENT BANK
  • Previous Mortgage Transaction Date: Jan 04, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $330,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About Germantown



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Frequently Asked Questions

What neighborhood is 7366 Cornuta Lane located in?
The 7366 Cornuta Lane is a located in the neighborhood of Shelby in Germantown, Germantown.
What is the average sales price for listings in 7366 Cornuta Lane?
The average sales price for units in 7366 Cornuta Lane is $0 currently.

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