1036 Locke Creek Rd Readyville, TN 37149
Cannon County NeighborhoodEstimated payment $5,050/month
Highlights
- Home fronts a pond
- Views
- No Heating
- 58.97 Acre Lot
- Paved or Partially Paved Lot
About This Lot
Discover a 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. 58+/- acres with 3 spring fed ponds, a well, ATV trails, and multiple outbuildings including 2 garages and a barn with stables, and fully fenced for livestock. 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: 04/03/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,604
Lot Details
- 58.97 Acre Lot
- Home fronts a pond
- Property fronts a county road
- Paved or Partially Paved Lot
Schools
- Cannon North Elementary School
- Cannon County Middle School
- Cannon County High School
Additional Features
- Property has 3 Levels
- Septic Tank
- Property Views
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 |
Source: Realtracs
MLS Number: 2812840
APN: 038-024.00
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