NOT LISTED FOR SALE

1324 Laurel Way Unit 5 Monterey, TN 38574

Estimated Value: $570,272 - $604,000

3 Beds
2 Baths
2,116 Sq Ft
$274/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $500,000 $236 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,255/month

45 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Wooded Lot
  • Home fronts a creek
  • Deck
  • Traditional Architecture

About This Home

As of November 2021

''Horse Country'' in beautiful Cumberland Cove. The best of country living in this 2116 sq. ft. 3BR/2/BA Home w/Office Space. There's a 2 Stall barn, a paddock, and riding trails on this combined 8.3 acre property. Built in 2018 everything is still like new. Natural Gas for Stone Fireplace,Stove/Oven, Heating, and Water Heater & a Whole Home Generator. Hickory Cabinets & Granite Countertops in Kitchen & Baths.There is also a Farmhouse Copper Sink and a Copper Stove Hood and nstant Hot Water at faucet.) Wood Floors and Tile with Tiled Shower in Master Bath. Fiber Optic Internet Service, City Water, Natural Gas, Electric and Phone are all available. Take a peaceful ride on the well maintained trails past the beautiful Creek that runs through the middle of the property.This is a MUST SEE!

Last Agent to Sell the Property

Warren Schreier

Cumberland Cove Real Estate Inc License #320098 Listed on: 09/03/2021

Last Buyer's Agent

Warren Schreier

Cumberland Cove Real Estate Inc License #320098 Listed on: 09/03/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,957

Year Built

  • Built in 2018

Lot Details

  • 8.3 Acre Lot
  • Home fronts a creek
  • Wooded Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,116 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Tile Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 123 07100 000

Community Details

Overview

  • Cumberland Cove Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,957

Year Built

Built in 2018

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2018
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2116
  • Building Area Units: Square Feet
  • Living Area: 2116
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame, Vinyl Siding, Other, Brick
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront Features: Creek
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Garage Door Opener, Attached

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup

Condo/Co-op/Association

  • Association Fee: 115
  • Association Fee Frequency: Annually
  • Amenities: Clubhouse, Golf Course
  • Association: Yes
  • Senior Community: No

Green Features

  • Efficiency: Fireplace Insert

Lot Info

  • Lot Features: Other, Private, Wooded
  • Lot Size Acres: 8.3
  • Lot Size Units: Acres
  • Parcel #: 123 07100 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1957
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Nov 18, 2021
Sold by
Phillips Jeffrey K and Phillips Catherine L
Bought by
Sommerer Mark Richard
Seller's Agent
Warren Schreier
Cumberland Cove Real Estate Inc
Buyer's Agent
Warren Schreier
Cumberland Cove Real Estate Inc
List Price
$524,900
Sold Price
$500,000
Premium/Discount to List
-$24,900
-4.74%
Current Estimated Value
$580,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,818
Avg. Annual Appreciation
3.97%
Original Mortgage
$364,000
Outstanding Balance
$333,820
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$246,998

Purchase Details

Closed on
May 21, 2018
Sold by
Robbins Ted
Bought by
Phillips Revocable Trust Of 20

Purchase Details

Closed on
Oct 2, 2017
Sold by
Lugo Miquel
Bought by
Robbins Ted

Purchase Details

Closed on
Jun 28, 2007
Sold by
Comadoll Theadore E
Bought by
Miguel Lugo and Miguel Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,100
Interest Rate
6.37%

Purchase Details

Closed on
Dec 8, 1995
Sold by
Jake Gamble Donald
Bought by
Comadoll Theadore E

Purchase Details

Closed on
Sep 7, 1993
Bought by
Gamble Donald Jake

Purchase Details

Closed on
Dec 29, 1989
Bought by
Looney Joe M Esq Second St
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
Sommerer Mark Richard $455,000 None Available
Sommerer Mark Richard $455,000 Cantrell Christopher
Phillips Revocable Trust Of 20 $249,900 --
Robbins Ted $18,000 --
Miguel Lugo $34,000 --
Comadoll Theadore E $20,895 --
Gamble Donald Jake -- --
Looney Joe M Esq Second St -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sommerer Mark Richard $364,000
Closed Sommerer Mark Richard $364,000
Previous Owner Looney Joe M Esq Second St $22,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $500,000 -4.7% $236 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $524,900 -- $248 / Sq Ft
Source: Realtracs

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 $1,995 $75,000 $7,500 $67,500
2023 $1,995 $75,000 $7,500 $67,500
2022 $1,854 $75,000 $7,500 $67,500
2021 $1,854 $75,000 $7,500 $67,500
2020 $1,957 $75,000 $7,500 $67,500
2019 $1,957 $66,875 $7,500 $59,375
2018 $1,118 $66,875 $7,500 $59,375
2017 $205 $7,500 $7,500 $0
2016 $205 $7,500 $7,500 $0
2015 $210 $7,500 $7,500 $0
2014 $188 $6,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2021

    Warren Schreier

    Cumberland Cove Real Estate Inc

    (931) 200-7304

    248 Total Sales

    Warren Schreier
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Map

Source: Realtracs

MLS Number: 2926940

Realtracs

APN: 123-071.00

Tennessee Putnam County Monterey 38574

1324 Laurel Way Unit 5, Monterey, TN

This home is located at 1324 Laurel Way Unit 5, Monterey, TN 38574 since 03 September 2021 and is currently estimated at $580,818, approximately $274 per square foot. This property was built in 2018. 1324 Laurel Way Unit 5 is a home located in Putnam County with nearby schools including Burks Elementary School and Monterey High School.

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