NOT LISTED FOR SALE

1324 Laurel Way 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

Highlights

  • Barn
  • Home fronts a creek
  • 2 Car Attached Garage
  • Horse Property
  • Vaulted Ceiling
  • Landscaped with Trees

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. Brokerage Phone: 9318397000 License #320098 Listed on: 09/03/2021

Last Buyer's Agent

Warren Schreier

Cumberland Cove Real Estate, Inc. Brokerage Phone: 9318397000 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
  • Landscaped with Trees

HOA Fees

  • $10 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,116 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Schools

  • Monterey Elementary And Middle School
  • Monterey High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Horse Property
  • Barn

Community Details

  • Cumberland Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 071.00

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

  • Attribution Contact: 9318397000
  • Directions: I-40 exit 301 - Right off Ramp to HWY 70N - Go 51/2 Miles to Cumberland Cove Rd. - Turn Right- Go about 1 1/2 mile to Laurel way - Turn Left - Go to 1324 on the Right at Sign
  • Unit Levels: One
  • Prop. Type: Residential
  • Year Built: 2018
  • Property Sub Type: Site Built
  • Horses: Yes
  • Lot Size Acres: 8.3
  • Lot Size: 8.3 Acres
  • Road Surface Type: Paved
  • Subdivision Name: Cumberland Cove
  • Carport Y N: No
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Range Hood, Refrigerator, Gas Range, Washer, Dryer, Gas Oven
  • Has Basement: Crawl Space
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2116

Exterior Features

  • Exterior Features: Horses Allowed
  • Roof: Composition
  • Lot Features: Horse Property, Trees
  • View: No Water Frontage View Description
  • Waterfront Features: Creek, No Water Frontage View Description
  • Home Warranty: No
  • Construction Type: Frame, Brick, Vinyl Siding
  • Other Structures: Barn(s)

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Garage Door Opener, Attached, Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, VEC
  • Heating: Natural Gas, Central
  • Sewer: Septic Tank
  • Gas Company: Natural Gas, Mid TN
  • Laundry Features: Main Level
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Connected
  • Water Source: Public, Catoosa

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Association Fee: 115
  • Association Fee Frequency: Annual
  • Association: Yes

Schools

  • Elementary School: Monterey
  • High School: Monterey
  • Middle Or Junior School: Monterey

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 361548
  • Farm Land Area Units: Square Feet
  • Parcel #: 071.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 1956.76
  • Tax Book Number: RB1058
  • Tax Map Number: 123

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.
Sold Price
$500,000
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
3.95%
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 0.0% $236 / Sq Ft
01/01/1970 01/01/70 Off Market $500,000 -- --
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 $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: Upper Cumberland Association of REALTORS®

MLS Number: 206568

Upper Cumberland Association of REALTORS®

APN: 123-071.00

Tennessee Putnam County Monterey 38574

1324 Laurel Way, Monterey, TN

This home is located at 1324 Laurel Way, 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 is a home located in Putnam County with nearby schools including Burks Elementary School and Monterey High School.

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.

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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