
1036 Locke Creek Rd Readyville, TN 37149
Cannon County NeighborhoodEstimated payment $3,593/month
Highlights
- Guest House
- 5 Acre Lot
- No HOA
- Home fronts a pond
- Living Room with Fireplace
- Porch
About This Home
Unique opportunity with this versatile property! Featuring not one, but two distinct living spaces, this property offers incredible income potential or a spacious home for multi-generational living. The renovated farmhouse unit boasts 3 bedrooms and 1 bathroom. Adjacent, a separate two-story unit provides 2 bedrooms and 2 bathrooms, the perfect arrangement for vacation rentals, extended family, or one large family home. This property has a successful Airbnb track record, generating approximately $64,000 in income over the past two years. One mile from The Farm at Spring Valley event venue. Multiple outbuildings. Boundaries to be agreeable to both buyer and seller. Acreage amount negotiable from 5-58 acres. 58+/- acres MLS #2811959. Some furnishings are negotiable, allowing for a seamless transition to resume short term rentals. The farmhouse unit is currently rented monthly for $1600. Don't miss this rare opportunity to own a piece of paradise with endless possibilities!
Listing Agent
Parks Auction & Realty Brokerage Phone: 6156363942 License #341514 Listed on: 06/13/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,604
Year Built
- Built in 1914
Lot Details
- 5 Acre Lot
- Home fronts a pond
- Back Yard Fenced
Parking
- 2 Car Garage
Home Design
- Aluminum Roof
- Vinyl Siding
Interior Spaces
- 3,742 Sq Ft Home
- Property has 2 Levels
- Gas Fireplace
- Living Room with Fireplace
- 3 Fireplaces
- Crawl Space
- Property Views
Kitchen
- Microwave
- Dishwasher
Flooring
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms | 3 Main Level Bedrooms
- Walk-In Closet
- In-Law or Guest Suite
- 3 Full Bathrooms
Outdoor Features
- Patio
- Porch
Schools
- Cannon North Elementary School
- Cannon County Middle School
- Cannon County High School
Utilities
- Cooling System Powered By Gas
- Central Heating
- Heating System Uses Natural Gas
- Septic Tank
- High Speed Internet
Additional Features
- Accessible Approach with Ramp
- Guest House
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 038 02400 000
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,604 | $100,475 | $15,375 | $85,100 |
2023 | $1,531 | $100,475 | $15,375 | $85,100 |
2022 | $1,279 | $51,975 | $9,625 | $42,350 |
2021 | $1,279 | $51,975 | $9,625 | $42,350 |
2020 | $1,279 | $51,975 | $9,625 | $42,350 |
2019 | $1,279 | $51,975 | $9,625 | $42,350 |
2018 | $1,239 | $51,975 | $9,625 | $42,350 |
2017 | $1,233 | $42,650 | $9,300 | $33,350 |
2016 | $1,173 | $42,650 | $9,300 | $33,350 |
2015 | $1,605 | $63,450 | $30,100 | $33,350 |
2014 | $1,083 | $42,825 | $9,375 | $33,450 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
06/13/2025 06/13/25 | For Sale | $625,000 | -29.8% | $167 / Sq Ft |
05/14/2025 05/14/25 | Price Changed | $890,000 | 0.0% | $238 / Sq Ft |
05/14/2025 05/14/25 | For Sale | $890,000 | -2.7% | $238 / Sq Ft |
05/07/2025 05/07/25 | Pending | -- | -- | -- |
04/01/2025 04/01/25 | For Sale | $915,000 | +69.4% | $245 / Sq Ft |
12/05/2022 12/05/22 | Sold | $540,000 | -9.8% | $204 / Sq Ft |
11/03/2022 11/03/22 | Pending | -- | -- | -- |
09/28/2022 09/28/22 | Price Changed | $599,000 | -7.7% | $227 / Sq Ft |
09/22/2022 09/22/22 | Price Changed | $649,000 | -0.2% | $245 / Sq Ft |
09/17/2022 09/17/22 | For Sale | $650,000 | +116.7% | $246 / Sq Ft |
09/14/2015 09/14/15 | Sold | $300,000 | -5.9% | $81 / Sq Ft |
08/07/2015 08/07/15 | Pending | -- | -- | -- |
07/28/2015 07/28/15 | For Sale | $318,900 | -- | $86 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $540,000 | Stewart Title Company | |
Warranty Deed | -- | -- | |
Warranty Deed | $300,000 | -- | |
Warranty Deed | $50,000 | -- | |
Deed | $190,000 | -- | |
Deed | -- | -- | |
Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $540,000 | New Conventional | |
Previous Owner | $327,500 | New Conventional | |
Previous Owner | $277,655 | New Conventional | |
Previous Owner | $294,566 | FHA | |
Previous Owner | $50,000 | Cash | |
Previous Owner | $185,255 | New Conventional | |
Previous Owner | $193,500 | New Conventional | |
Previous Owner | $172,500 | New Conventional | |
Previous Owner | $165,000 | Cash | |
Previous Owner | $34,000 | New Conventional | |
Previous Owner | $24,000 | New Conventional |
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Source: Realtracs
MLS Number: 2908724

APN: 038-024.00
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