NOT LISTED FOR SALE

122 Mercy Ln Cookeville, TN 38506

Estimated Value: $159,000 - $392,316

28.4 Acres
$9,706 Price per Acre
1,237,104 Sq Ft Lot

Last Sold August 09, 2022

Last sale price $375,000

Est. 26% decrease in value since last sale

Current estimated payment $1,462/month

43 Days on Market

Highlights

  • 28.4 Acre Lot
  • Private Lot
  • Wooded Lot
  • Countryside Views
  • Creek On Lot
  • Lot Has A Rolling Slope

About This Lot

As of August 2022

Come build your dream home on 28+ acres just 15 minutes from town. Surrounded by beautiful nature with stunning and expansive views. Far enough for a peaceful country feel, but close enough to town and all the amenities to create that perfect balance. This unrestricted property is gated with utilities installed and has been flagged for boundary points. The many possible build sites provide views as far as the eye can see. There is a long gravel road that leads you down to a large cave that is the start of three springs which merge forming an all season creek. For those wanting to venture off the main road you'll find hiking and recreational trails throughout the property. Deer and wildlife are seen daily. Showings must be approved to view. Gate is locked.

Last Agent to Sell the Property

Heather Skender-Newton

Skender-Newton Realty License #272220 Listed on: 06/07/2022

Co-Listed By

Katy Farley

Skender-Newton Realty License #344111

Last Buyer's Agent

Heather Skender-Newton

Skender-Newton Realty License #272220 Listed on: 06/07/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $114

Lot Details

  • 28.4 Acre Lot
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as None, Zoned Agricultural

Additional Features

  • Countryside Views
  • Creek On Lot

Listing and Financial Details

  • Assessor Parcel Number 069 012.01

Property Details

Property Type

Land

Est. Annual Taxes

$114

Lot Details

0

Listing Details

  • Directions: From PCCH take N Washington/Hwy 136 to Hardys Chapel. Left on Poplar Springs Rd, R on Mercy Lane. Property is on R.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 28.4
  • Lot Size: See acreage.
  • Co List Office Phone: 931-261-9001
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting, Other
  • Lot Features: Creek, Private, Rolling, Wooded
  • Topography: {"Partially Cleared":true,"Level":true,"Cleared":true}

Lot Info

  • Lot Size Sq Ft: 1237104.0
  • Parcel #: 069 012.01
  • Zoning Description: None, Zoned Agricultural
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Aug 9, 2022
Sold by
Niccum Family Trust
Bought by
Oldham Philip and Oldham Kari
Seller's Agent
Heather Skender-Newton
Skender-Newton Realty
Buyer's Agent
Heather Skender-Newton
Skender-Newton Realty
List Price
$385,000
Sold Price
$375,000
Premium/Discount to List
-$10,000
-2.6%
Current Estimated Value
$275,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$99,342
Avg. Annual Appreciation
-8.93%
Original Mortgage
$275,000
Outstanding Balance
$114,745
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$160,913

Purchase Details

Listed on
Dec 7, 2021
Closed on
Dec 7, 2021
Sold by
Loftis Kevin and Loftis Melissa
Bought by
Niccum Jay Howard and Niccum Jill Mari
Seller's Agent
Elaina Morgan
True Blue Realty, LLC
Buyer's Agent
Elaina Morgan
True Blue Realty, LLC
Sold Price
$284,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.41%

Purchase Details

Listed on
Oct 5, 2020
Closed on
Nov 4, 2020
Sold by
Kolevzon Kenneth
Bought by
Loftis Kevin and Loftis Melissa
Seller's Agent
Elaina Morgan
True Blue Realty, LLC
Buyer's Agent
Elaina Morgan
True Blue Realty, LLC
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
173.10%

Purchase Details

Closed on
Oct 6, 2006
Sold by
Kolevzon Michael S
Bought by
Leonard Julie A

Purchase Details

Closed on
Nov 21, 2003
Bought by
Kolevzon Michael S

Purchase Details

Closed on
Feb 25, 1999
Bought by
Landis Denny and Landis Nancy

Purchase Details

Closed on
Aug 1, 1996
Bought by
Sullivan Bernice Sue
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Oldham Philip $375,000 Cantrell Christopher
Oldham Philip $375,000 None Listed On Document
Niccum Jay Howard $284,000 None Available
Loftis Kevin $95,000 None Available
Leonard Julie A $12,000 --
Kolevzon Michael S $89,000 --
Landis Denny $70,000 --
Sullivan Bernice Sue -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oldham Philip $275,000
Closed Oldham Philip $275,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2022 08/09/22 Sold $375,000 -2.6% --
07/21/2022 07/21/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $385,000 +35.6% --
12/07/2021 12/07/21 Sold $284,000 +198.9% -- View Prior Sale
11/04/2020 11/04/20 Sold $95,000 0.0% $58 / Sq Ft View Prior Sale
01/01/1970 01/01/70 Off Market $95,000 -- --
01/01/1970 01/01/70 Off Market $284,000 -- --
Source: East Tennessee REALTORS® MLS

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 $114 $5,050 $5,050 $0
2023 $100 $5,050 $5,050 $0
2022 $100 $5,050 $5,050 $0
2021 $898 $35,600 $9,000 $26,600
2020 $898 $45,550 $18,950 $26,600
2019 $1,069 $47,500 $23,700 $23,800
2018 $1,069 $47,500 $23,700 $23,800
2017 $504 $47,500 $23,700 $23,800
2016 $504 $22,400 $22,400 $0
2015 $446 $22,400 $22,400 $0
2014 -- $22,400 $22,400 $0
2013 -- $22,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Skender-Newton

    Seller's Agent in 2022

    Heather Skender-Newton

    Skender-Newton Realty

    (931) 261-9001

    1,089 Total Sales

    Heather Skender-Newton
    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Katy Farley

    Skender-Newton Realty

    (931) 255-0574

    296 Total Sales

    Katy Farley
    Section Image
  • Elaina Morgan

    Seller's Agent in 2021

    Elaina Morgan

    True Blue Realty, LLC

    (931) 252-0932

    294 Total Sales

    Elaina Morgan
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1194373

East Tennessee REALTORS® MLS

APN: 069-012.01

Tennessee Overton County Cookeville 38506

122 Mercy Ln, Cookeville, TN

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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