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115 Cumberland Trace

115 Cumberland Trace, Nashville, TN 37214
Property in Cumberland Trace
Sold Jun 23, 2022
$2,702
Sold Feb 27, 2004
$112,000
$100,800 by Wells Fargo Home Mortgage Inc
Mortgage Due Mar 01, 2034
115 Cumberland Trace has been categorized by the local assessors in Nashville, TN as a residential type of property. The building on the property was first built in 1982 and is 42 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 115 Cumberland Trace has 1,404 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 864 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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 exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jun 15, 2022 for $2,702. That's $1.92 per sqft. Prior to that sales transaction, the property was also sold in Feb 25, 2004 for $112,000. 115 Cumberland Trace was last assessed in 2023. The total value of the property was assessed at $49,675. Specifically, the land the property is located on was valued at $10,000. While improvements on the property were assessed at a total of $39,675. 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 $1,616. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 1982
  • Effective Year Built: 1982
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 864
  • Total Building Area: 1,404
  • Gross Building Area: 1,482
  • Building Area: 1,404
  • Building Area Measurement: Finished Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,404
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CUMBERLAND TRACE
  • Land Acres: 0.019
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 115 CUMBERLAND TRACE

Ownership

  • Current Owner : MICHAEL STEWARD MCKIBBEN SR LIVING TRUST
  • Previous Owner : STEWARD MCKIBBEN MICHAEL
  • Owner Before Previous Owner: ARONOFF MINNA R LEVESON
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Nashville-Davidson County School District
  • Census Tract: 015300

Zoning

  • Zoning: R15

Geography

  • Parcel: 073-16-0A-115-00
  • Municipality: 55-USD
  • Latitude: 36.1933
  • Longitude: -86.6716

    Address

  • Full Address: 115 Cumberland Trce
  • Address - House Number: 115
  • Address - Street Name: Cumberland
  • Address - Suffix Type: Trce
  • State: TN
  • City Name: Nashville
  • Carrier Code: C010
  • 4-Digit Zip Code: 1642
  • Zip Code: 37214

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,616
  • Tax Rate Code Area: USD

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 67
  • Final Value: 324,263
  • High Value: 400,427
  • Low Value: 248,100

    Market Valuation

  • Market Total Value: $198,700
  • Market Land Value: $40,000
  • Market Improvement Value: $158,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,675
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $39,675

    Sales

  • Current Sale Contract Date: Jun 15, 2022
  • Current Sale Recording Date: Jun 23, 2022
  • Current Sale Transaction ID: 11890877671
  • Current Sale Price: $2,702
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 71984
  • Previous Sale Recording Date: Feb 27, 2004
  • Previous Sale Contract Date: Feb 25, 2004
  • Previous Sale Amount: $112,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Feb 27, 2004
  • Previous Mortgage Loan Amount: $100,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Mar 01, 2034

About Cumberland Trace



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Frequently Asked Questions

What neighborhood is 115 Cumberland Trace located in?
The 115 Cumberland Trace is a located in the neighborhood of Cumberland Trace in Cumberland Trace, Nashville.
What is the average sales price for listings in 115 Cumberland Trace?
The average sales price for units in 115 Cumberland Trace is $0 currently.

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