$390,000
SOLD OCT 11, 2022

1023 W Laurel Way Monterey, TN 38574

3 Beds
2 Baths
1,777 Sq Ft
4.1 Acres

Recently Sold

$219 Per Sq Ft

1% Above List Price

39 Days on Market

Highlights

  • RV Access or Parking
  • Cottage
  • Zoned Heating and Cooling System
  • Countryside Views
  • Covered patio or porch
  • Vinyl Flooring

About This Home

As of October 2022

This one of a kind, newly constructed craftsman custom built home offers so much charm & a great floor plan. Walking in you are greeted w/a bright & airy open concept living, plenty of natural light, & luxury vinyl flooring. Your 1st floor features its primary suite, a large covered front porch, & a covered back deck on over 4 acres. The large KIT has a great island w/seating, new SS appliances package, 2x6 exterior walls, 9' ceilings downstairs, large closets throughout, plus an office space off the living area. There is also a dedicated laundry/mudroom w/pantry space off the KIT & direct access to the back porch. Ready & wired for LAN & televisions in each BR & living areas. The 2nd level offers 2 BR's, a full BA, & open loft/den/study area. Lots of wildlife, & trails/parks to enjoy.

Last Agent to Sell the Property

Heather Skender-Newton

Skender-Newton Realty License #272220

Co-Listed By

Katy Farley

Skender-Newton Realty License #344111

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,510

Year Built

  • Built in 2022

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • RV Access or Parking

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 1,777 Sq Ft Home
  • Electric Fireplace
  • Gas Fireplace
  • Vinyl Flooring
  • Countryside Views
  • Crawl Space
  • Fire and Smoke Detector
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Monterey High School

Additional Features

  • Covered patio or porch
  • 4.1 Acre Lot
  • Zoned Heating and Cooling System

Community Details

  • Association fees include grounds maintenance
  • Cumberland Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 104 349.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,510

Year Built

Built in 2022

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Directions: From PCCH: Hwy 70 East 3.6 miles to I40 East for 11 miles. Take exit 301, turn right onto Hwy 70 for 6.1 miles to Cumberland Cove Rd, turn right for 3.1 miles. Turn right on W Laurel Way, home will be on the left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2022
  • Lot Size Acres: 4.1
  • Lot Size: See acreage.
  • Co List Office Mls Id: 2508
  • Co List Office Phone: 931-261-9001
  • Subdivision Name: Cumberland Cove
  • Architectural Style: Cottage
  • Property Attached Yn: No
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Refrigerator
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Electric, Gas
  • Fireplaces: 1
  • Flooring: Vinyl
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Country Setting, Other
  • Construction Type: Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 120.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Fee Information

  • Association Fee Includes: Grounds Maintenance

Schools

  • High School: Monterey

Lot Info

  • Lot Size Sq Ft: 178596.0
  • Parcel #: 104 349.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 11, 2022
Sold by
Gentle Mary
Bought by
Garza Yulissa
Seller's Agent
Heather Skender-Newton
Skender-Newton Realty
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%
Total Days on Market
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.56%
Original Mortgage
$360,000
Outstanding Balance
$347,710
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$68,552

Purchase Details

Closed on
Jul 16, 2021
Sold by
Sargent Mary
Bought by
Gentle Mary

Purchase Details

Closed on
Jul 15, 2006
Sold by
Steven Santiago
Bought by
Daniel Sargent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,375
Interest Rate
6.6%

Purchase Details

Closed on
Mar 1, 1995
Sold by
Jake Gamble Donald
Bought by
Steven Santiago

Purchase Details

Closed on
Sep 7, 1993
Bought by
Gamble Donald Jake

Purchase Details

Closed on
Jun 14, 1991
Bought by
Looney Joe M Esq

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $390,000 --
Warranty Deed $28,900 None Available
Deed $27,500 --
Deed $21,195 --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $23,375 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Price Changed $415,000 -2.4% $226 / Sq Ft
02/25/2025 02/25/25 Price Changed $425,000 -1.2% $231 / Sq Ft
12/04/2024 12/04/24 Price Changed $430,000 -2.3% $234 / Sq Ft
11/19/2024 11/19/24 Price Changed $440,000 -2.2% $240 / Sq Ft
09/13/2024 09/13/24 Price Changed $450,000 -3.2% $245 / Sq Ft
08/06/2024 08/06/24 For Sale $465,000 +19.2% $253 / Sq Ft
10/11/2022 10/11/22 Sold $390,000 +1.3% $219 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $385,000 -- $217 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,510 $56,775 $7,625 $49,150
2023 $1,510 $56,775 $7,625 $49,150
2022 $797 $32,250 $7,625 $24,625
2021 $188 $7,625 $7,625 $0
2020 $223 $7,625 $7,625 $0
2019 $223 $7,625 $7,625 $0
2018 $208 $7,625 $7,625 $0
2017 $208 $7,625 $7,625 $0
2016 $208 $7,625 $7,625 $0
2015 $214 $7,625 $7,625 $0
2014 $193 $6,868 $0 $0
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1203993

East Tennessee REALTORS® MLS

APN: 104-349.00