NOT LISTED FOR SALE

126 Wright Ave Cookeville, TN 38506

Estimated Value: $88,090 - $220,000

1.6 Acres
$78,764 Price per Acre
69,696 Sq Ft Lot

Last Sold September 01, 2023

Last sale price $82,500 $77 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $673/month

Highlights

  • Barn
  • 1.6 Acre Lot
  • Level Lot
  • Algood Elementary School Rated A-
  • No HOA

About This Lot

As of September 2023

Great opportunity to build dream home in Algood school district. Nice flat and gentle rolling property located in Algood city limits on 1.60 acres. Private at end of road. Older home has been torn down, will need to be removed. Older barn, condition unknown for safety reasons do not enter.

Last Agent to Sell the Property

Rachel Roberts

American Way Real Estate Brokerage Phone: 9315269581 License #365473 Listed on: 05/04/2023

American Way Real Estate

Last Buyer's Agent

Julio Unzueta

Highlands Elite Real Estate LLC License #323462

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $170

Lot Details

  • 1.6 Acre Lot
  • Level Lot

Farming

  • Barn

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 013.00

Property Details

Property Type

Land

Est. Annual Taxes

$170

Lot Details

0

Listing Details

  • Attribution Contact: 9315269581
  • Directions: From PCCH: E on spring St toward S. Washington Ave, Turn L to merge onto TN 111 toward Algood, Turn R onto Quinland Lake Rd, Turn L onto McCawley St, Turn L onto 2nd Ave N, Left on Cedar St, Left on Wright Ave, road ends at property.
  • Prop. Type: Land
  • Property Sub Type: Single Family Lot
  • Lot Size Acres: 1.6
  • Lot Size: See acres
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Topography: Level,Rolling
  • View: No Water Frontage View Description
  • Waterfront Features: No Water Frontage View Description
  • Other Structures: Barn(s)

Utilities

  • Electric: Upper Cumberland
  • Sewer: Public Sewer
  • Gas Company: Natural Gas, City Algood at Rd
  • Electricity On Property: Yes
  • Utilities: Electricity Connected, Sewer Available
  • Water Source: Public, City of Algood

Condo/Co-op/Association

  • Association: No

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 013.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 170.06
  • Tax Map Number: 026K

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Sep 1, 2023
Sold by
Howard Gary D and Barr Brenda C
Bought by
Perez Matias Jonatan and Aguilar Rubi M
Seller's Agent
Rachel Roberts
American Way Real Estate
Buyer's Agent
Julio Unzueta
Highlands Elite Real Estate LLC
List Price
$93,500
Sold Price
$82,500
Premium/Discount to List
-$11,000
-11.76%
Views
200
Current Estimated Value
$126,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,523
Avg. Annual Appreciation
20.04%
Original Mortgage
$66,000
Outstanding Balance
$64,357
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$61,666

Purchase Details

Closed on
Oct 1, 2021
Sold by
Bilbrey Matthew and Bilbrey Tonya
Bought by
Howard Gary D and Barr Brenda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 2005
Sold by
Gerald Bilbrey
Bought by
Matthew Bilbrey

Purchase Details

Closed on
Dec 29, 2004
Sold by
Bilbrey Gerald T
Bought by
Matthew Bilbrey

Purchase Details

Closed on
Nov 16, 1987
Bought by
Bilbrey Gerald T

Purchase Details

Closed on
Apr 21, 1980
Bought by
Bilbrey Polk and Bilbrey Pearl
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
Perez Matias Jonatan $82,500 Capstone Title And Escrow Llc
Howard Gary D $20,000 Pointer Title Services Inc
Howard Gary D $20,000 Pointer Title
Matthew Bilbrey -- --
Matthew Bilbrey -- --
Bilbrey Gerald T $15,000 --
Bilbrey Polk -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perez Matias Jonatan $66,000
Previous Owner Howard Gary D $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $82,500 -2.9% $77 / Sq Ft
08/03/2023 08/03/23 Price Changed $85,000 -9.1% $80 / Sq Ft
05/06/2023 05/06/23 For Sale $93,500 -- $88 / Sq Ft
05/04/2023 05/04/23 Pending -- -- --
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
2025 -- $6,000 $0 $0
2024 $160 $6,000 $6,000 $0
2023 $160 $6,000 $6,000 $0
2022 $148 $6,000 $6,000 $0
2021 $418 $14,750 $6,000 $8,750
2020 $391 $14,750 $6,000 $8,750
2019 $450 $13,375 $6,000 $7,375
2018 $430 $13,375 $6,000 $7,375
2017 $430 $13,375 $6,000 $7,375
2016 $434 $13,375 $6,000 $7,375
2015 $444 $13,375 $6,000 $7,375
2014 $371 $11,198 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 218778

Upper Cumberland Association of REALTORS®

APN: 026K-C-013.00