NOT LISTED FOR SALE

1029 Falling Water Rd Cookeville, TN 38506

Estimated Value: $211,000 - $239,000

3 Beds
1.5 Baths
1,032 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $190,000 $184 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,245/month

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Fenced
  • Algood Elementary School Rated A-
  • Ceiling Fan

About This Home

As of March 2022

Perfect for first time home buyers! 3 bedroom, 1.5 bathroom home with a split floor plan and fenced in backyard.

Last Agent to Sell the Property

Seth Melton

RE/MAX ONE, LLC Brokerage Phone: 9315207777 License #358248 Listed on: 02/20/2022

Last Buyer's Agent

Michael Melton

RE/MAX One License #358248

RE/MAX One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $624

Year Built

  • Built in 2000

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 164 x 132 x 182 x 132 x 17
  • Fenced

Home Design

  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,032 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 042M A 001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$624

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Attribution Contact: 9315207777
  • Directions: From Belle Acres golf Course take Broad Street East towards Buck mountain. Continue onto Buck Mountain Rd. Take Right onto Falling Water Rd. property is on the right.
  • Prop. Type: Residential
  • Year Built: 2000
  • Property Sub Type: Site Built
  • Lot Size Acres: 0.52
  • Lot Size: 164 x 132 x 182 x 132 x 17
  • Subdivision Name: Other
  • Half Bathrooms: 1
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Electric Range, Electric Oven, Microwave
  • Has Basement: Crawl Space
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1032

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, UCEMC
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Gas Company: N/A
  • Laundry Features: Main Level
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public, City of Algood

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 22651.2
  • Farm Land Area Units: Square Feet
  • Parcel #: 042M A 001.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 623.56
  • Tax Map Number: 043I

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2022
Closed on
Mar 24, 2022
Sold by
Stamps James A and Stamps Brandi L
Bought by
Morrison Anthony J and Morrison Heather
Seller's Agent
Seth Melton
RE/MAX ONE, LLC
Buyer's Agent
Michael Melton
RE/MAX One
Sold Price
$190,000
Current Estimated Value
$225,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,189
Avg. Annual Appreciation
4.73%
Original Mortgage
$152,000
Outstanding Balance
$142,794
Interest Rate
4.42%
Estimated Equity
$82,396

Purchase Details

Listed on
Apr 15, 2014
Closed on
May 30, 2014
Sold by
Speck Chucky D
Bought by
Stamps James A Brandi L
Seller's Agent
Joe Rogers
Tennessee Realty & Auction LLC
Buyer's Agent
Joe Rogers
Tennessee Realty & Auction LLC
Sold Price
$85,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.83%
Original Mortgage
$83,460
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2010
Sold by
Smith James A
Bought by
Speck Chucky D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,675
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 29, 2009
Sold by
Smith Amber Elise
Bought by
Smith James Anthony

Purchase Details

Closed on
Aug 11, 2006
Sold by
Dawn Frazier
Bought by
Smith James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.67%

Purchase Details

Closed on
Dec 8, 2000
Sold by
Putnam Co Habitat Humanity
Bought by
Dawn Frazier

Purchase Details

Closed on
Nov 13, 1998
Bought by
Habitat For Humanity
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Morrison Anthony J $190,000 None Listed On Document
Stamps James A Brandi L $85,000 --
Speck Chucky D $69,600 --
Smith James Anthony -- --
Smith James A $80,000 --
Dawn Frazier -- --
Habitat For Humanity $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrison Anthony J $152,000
Previous Owner Stamps James A Brandi L $83,460
Previous Owner Habitat For Humanity $68,675
Previous Owner Habitat For Humanity $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2022 03/24/22 Sold $190,000 +123.5% $184 / Sq Ft
05/30/2014 05/30/14 Sold $85,000 0.0% $82 / Sq Ft View Prior Sale
01/01/1970 01/01/70 Off Market $85,000 -- --
01/01/1970 01/01/70 Off Market $190,000 -- --
Source: Upper Cumberland Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $671 $25,225 $3,450 $21,775
2023 $671 $25,225 $3,450 $21,775
2022 $624 $25,225 $3,450 $21,775
2021 $624 $25,225 $3,450 $21,775
2020 $587 $25,225 $3,450 $21,775
2019 $587 $20,050 $3,450 $16,600
2018 $547 $20,050 $3,450 $16,600
2017 $547 $20,050 $3,450 $16,600
2016 $547 $20,050 $3,450 $16,600
2015 $562 $20,050 $3,450 $16,600
2014 $543 $19,366 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 209057

Upper Cumberland Association of REALTORS®

APN: 042M-A-001.00