NOT LISTED FOR SALE

1198 N Franklin Ave Cookeville, TN 38501

Three Neighborhood

Estimated Value: $510,000 - $617,000

6 Beds
5 Baths
3,800 Sq Ft
$144/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $530,000 $139 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,164/month

Highlights

  • 1.4 Acre Lot
  • No HOA
  • Landscaped with Trees
  • 1 Fireplace
  • 2 Car Attached Garage
  • Garden

About This Home

As of May 2024

Looking for Space and Great In Town Location? This well maintained home w/ 3600 +/- ft on 1.4 acres is a must see. Recently Updated kitchen w/ breakfast area, large family room w/ adjoining dining room and a sprawling den with wood fireplace and built in cabinetry are perfect for entertaining. Sunroom with tons of windows that overlook the back yard and hot tub. The Main level includes 3 to 4 bedrooms and 3 bathrooms, Upstairs has 2 bedrooms and a bath. The Basement is perfect for future expansion (not included in ft2) with a bath and is heated and cooled. Oversized 2 car garage in the basement. A whole house gas Generac generator was installed in 2022 maintaining electricity in power outages.

Last Agent to Sell the Property

Trace Jenkins

The Property Company Brokerage Phone: 9315599120 License #255274 Listed on: 03/20/2024

Last Buyer's Agent

Molly Williams

The Realty Firm License #364954

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,886

Year Built

  • Built in 1976

Lot Details

  • 1.4 Acre Lot
  • Landscaped with Trees
  • Garden

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • Ceiling Fan
  • 1 Fireplace
  • Fire and Smoke Detector
  • Laundry on main level
  • Basement

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Open Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Mt. Vernon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040I A 025.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,886

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Attribution Contact: 9315599120
  • Directions: PCCH: N Washington to left on 12th St, left on N Franklin Ave, home on right with sign
  • Prop. Type: Residential
  • Year Built: 1976
  • Property Sub Type: Site Built
  • Lot Size Acres: 1.4
  • Lot Size: 1.4 acres
  • Road Surface Type: Paved
  • Subdivision Name: Mt. Vernon
  • Carport Y N: No
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Electric Oven, Refrigerator, Range Hood
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3800
  • Window Features: Double Pane Windows, Blinds

Exterior Features

  • Exterior Features: Garden
  • Roof: Composition, Shingle
  • Lot Features: Trees
  • View: No Water Frontage View Description, None
  • View: No
  • Waterfront Features: No Water Frontage View Description
  • Home Warranty: No
  • Construction Type: Frame, Brick, Vinyl Siding
  • Patio And Porch Features: Porch, Covered, Deck

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Paved, Attached, Basement, Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, City
  • Heating: Natural Gas, Electric
  • Sewer: Public Sewer
  • Gas Company: Natural Gas, City
  • Laundry Features: Main Level
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public, City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 60984
  • Farm Land Area Units: Square Feet
  • Parcel #: 040I A 025.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 2886.38
  • Tax Book Number: RB1439
  • Tax Map Number: 040I

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
May 29, 2024
Sold by
Bell Lori C and Bell Dennis L
Bought by
Knight Jason and Knight Maribeth
Seller's Agent
Trace Jenkins
The Property Company
Buyer's Agent
Molly Williams
The Realty Firm
List Price
$598,500
Sold Price
$530,000
Premium/Discount to List
-$68,500
-11.45%
Views
90
Current Estimated Value
$548,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,628
Avg. Annual Appreciation
0.92%
Original Mortgage
$498,200
Outstanding Balance
$494,088
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$42,222

Purchase Details

Closed on
Oct 14, 2022
Sold by
Bell Lori C and Bell Dennis L
Bought by
Bell Lori C and Bell Dennis L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,800
Interest Rate
6.02%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 10, 2013
Sold by
Turner Lori C
Bought by
Bell Lori C

Purchase Details

Closed on
Sep 28, 1989
Bought by
Massa Donna Simpson

Purchase Details

Closed on
Dec 1, 1976
Bought by
Lawson Hoyle D and Lawson Fannie
Source: Public Records

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 Buyer Sale Price Title Company
Knight Jason $530,000 None Listed On Document
Bell Lori C -- Cosmopolitan Title
Bell Lori C -- --
Massa Donna Simpson -- --
Lawson Hoyle D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Jason $498,200
Previous Owner Bell Lori C $331,800
Previous Owner Bell Lori C $232,000
Previous Owner Turner H L $148,500
Previous Owner Massa Donna Simpson $60,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $530,000 -11.4% $139 / Sq Ft
03/20/2024 03/20/24 For Sale $598,500 -- $158 / Sq Ft
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 $2,887 $80,625 $15,050 $65,575
2023 $2,887 $80,625 $15,050 $65,575
2022 $2,654 $80,625 $15,050 $65,575
2021 $2,654 $80,625 $15,050 $65,575
2020 $2,476 $80,625 $15,050 $65,575
2019 $2,631 $67,175 $15,050 $52,125
2018 $2,398 $67,175 $15,050 $52,125
2017 $2,398 $67,175 $15,050 $52,125
2016 $2,398 $67,175 $15,050 $52,125
2015 $2,489 $67,175 $15,050 $52,125
2014 $2,188 $59,043 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Trace Jenkins

    Seller's Agent in 2024

    Trace Jenkins

    The Property Company

    (931) 261-5979

    4 in this area

    54 Total Sales

    Trace Jenkins
    Section Image

  • M

    Buyer's Agent in 2024

    Molly Williams

    The Realty Firm

    (865) 250-8394

    1 in this area

    35 Total Sales

    Molly Williams
    Section Image
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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 226248

Upper Cumberland Association of REALTORS®

APN: 040I-A-025.00

Tennessee Putnam County Cookeville 38501 Three

1198 N Franklin Ave, Cookeville, TN

This home is located at 1198 N Franklin Ave, Cookeville, TN 38501 since 20 March 2024 and is currently estimated at $548,628, approximately $144 per square foot. This property was built in 1976. 1198 N Franklin Ave is a home located in Putnam County with nearby schools including Sycamore Elementary School, Cookeville High School, and Avery Trace Middle School.

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Upper Cumberland Association of REALTORS® Copyright 2025 Upper Cumberland Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Upper Cumberland Board of Realtors.
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