Check Availability

7358 Cornuta Lane

7358 Cornuta Lane, Germantown, TN 38138
Property in Shelby
Sold May 03, 2022
$390,000
$55,000 by Evolve Bank & Trust
Mortgage Due May 01, 2052
Sold Sep 17, 2004
$206,000
$195,700 by Financial Fsb
Mortgage Due Sep 01, 2034
7358 Cornuta Lane in Germantown, TN was first built in 1979 and is 45 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 1 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7358 Cornuta Lane has 3,450 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 900 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 12,150 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of composition shingle. For those who need parking, there is a carport. The garage is 400 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7358 Cornuta Lane sold most recently in Apr 25, 2022 for a total of $390,000. If you work out the math, that's approximately a cost of $113.04 per sqft. Before that, the property was also sold for $206,000 in Aug 30, 2004. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,094 in taxes each year. 7358 Cornuta Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $78,300. If we break it down further, the land itself was valued at $11,750. Improvements to the property, however, were assessed at a total of $66,550. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • 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: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,150
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 900
  • Total Building Area: 3,450
  • Gross Building Area: 3,450
  • Building Area: 3,450
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,450
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE HILL SEC A
  • Land Acres: 0.279
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NS CORNUTA LN 102.975 FT E OF CORNUTA LN

Ownership

  • Current Owner : GARRETT ANNE LEIGH
  • Previous Owner : DOWNEY ROBERT W
  • Previous Owner 2: DOWNEY TAMARA S
  • Owner Before Previous Owner: JORDAN JAY T
  • Owner Before Previous Owner 2: JORDAN VIRGINIA S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

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-E0-0023
  • Lot: 19
  • Municipality: GERMANTOWN
  • Latitude: 35.0873
  • Longitude: -89.8179

    Address

  • Full Address: 7358 Cornuta Ln
  • Address - House Number: 7358
  • 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: $4,094

    Appraisal Valuation

  • Standard Deviation: 0.2487
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 64
  • Final Value: 441,819
  • High Value: 551,715
  • Low Value: 331,924

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,000
  • First Open Lien Mortgage Lender: EVOLVE BANK & TRUST
  • First Open Lien Mortgage Recording Date: May 03, 2022
  • First Open Lien Mortgage Loan Amount: $55,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $313,200
  • Market Land Value: $47,000
  • Market Improvement Value: $266,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,300
  • Assessed Land Value: $11,750
  • Assessed Improvements Value: $66,550

    Sales

  • Current Sale Contract Date: Apr 25, 2022
  • Current Sale Recording Date: May 03, 2022
  • Current Sale Transaction ID: 11887219793
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 50291
  • Previous Sale Recording Date: Sep 17, 2004
  • Previous Sale Contract Date: Aug 30, 2004
  • Previous Sale Amount: $206,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVOLVE BANK & TRUST
  • First Mortgage Transaction Date: May 03, 2022
  • First Mortgage Loan Amount: $55,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FINANCIAL FSB
  • Previous Mortgage Transaction Date: Sep 17, 2004
  • Previous Mortgage Loan Amount: $195,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Sep 01, 2034

About Germantown



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 7358 Cornuta Lane located in?
The 7358 Cornuta Lane is a located in the neighborhood of Shelby in Germantown, Germantown.
What is the average sales price for listings in 7358 Cornuta Lane?
The average sales price for units in 7358 Cornuta Lane is $0 currently.

Quantcast