NOT LISTED FOR SALE

1340 Laurel Way Unit 5 Monterey, TN 38574

Estimated Value: $568,000 - $705,000

4 Beds
3 Baths
2,630 Sq Ft
$241/Sq Ft Est. Value

Last Sold June 10, 2021

Last sale price $565,250 $215 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,551/month

14 Days on Market

Highlights

  • Golf Course Community
  • Clubhouse
  • Wooded Lot
  • Home fronts a pond
  • Deck
  • Cottage

About This Home

As of June 2021

This is Country Living at it's BEST! A 2630 Sq.Ft. Cozy, Country Home w/4BR/3BA situated on 16.4 Acres with a beautiful Spring Fed Pond. Horses are allowed and there is a fenced backyard for your dogs. City Water, Natural Gas, & High Speed Internet are all available. Enjoy the natural setting as you work in your garden and greenhouse or enjoy your private workshop. (Chops Saw Incl.) Included with house are: The 2 Pergolas on the Deck & Patio, 2 Swings, Bench By Pond, Fire Chimney by Pond, Green Tent w/wood, & the Table and 2 Chairs on Porch. The Kitchen has Cherry Cabinets, Frigidaire Professional SS Appliances and solid surface Countertops. There is a Generac Generator & The Split Zone AC Unit was replaced in 2015. WATCH OUR DRONE VIDEO NOW! CALL NOW for showing!

Last Agent to Sell the Property

Warren Schreier

Cumberland Cove Real Estate Inc License #320098 Listed on: 04/16/2021

Last Buyer's Agent

Warren Schreier

Cumberland Cove Real Estate Inc License #320098 Listed on: 04/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,789

Year Built

  • Built in 1994

Lot Details

  • 16.4 Acre Lot
  • Home fronts a pond
  • Level Lot
  • Wooded Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Cottage
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,630 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Wood Burning Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 123 06700 000

Community Details

Overview

  • Cumberland Cove Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,789

Year Built

Built in 1994

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 1994
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s), High Speed Internet
  • Appliances: Gas Range, Dishwasher, Disposal, Microwave, Range, Refrigerator, Oven
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Tile, Vinyl
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2630
  • Building Area Units: Square Feet
  • Living Area: 2630
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Storage Building
  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Patio, Deck
  • Pool Private: No
  • View: No
  • Waterfront Features: Pond
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Attached
  • Total Parking Spaces: 2

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
  • Security: Smoke Detector(s)
  • Utilities: Cable Connected

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Other, Private, Wooded, Corner Lot, Level, Rolling Slope
  • Lot Size Acres: 16.4
  • Lot Size Units: Acres
  • Parcel #: 123 06700 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Jun 10, 2021
Sold by
Elkins Anthony J and Elkins Holly C
Bought by
Bonito Jason and Bonito Erika
Seller's Agent
Warren Schreier
Cumberland Cove Real Estate Inc
Buyer's Agent
Warren Schreier
Cumberland Cove Real Estate Inc
List Price
$565,250
Sold Price
$565,250
Current Estimated Value
$633,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,798
Avg. Annual Appreciation
2.47%
Original Mortgage
$388,200
Outstanding Balance
$353,755
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$274,248

Purchase Details

Closed on
Feb 10, 2016
Sold by
Cushing Thomas F
Bought by
Goodwin Lawrence K and Lung Elizabeth A Ho

Purchase Details

Closed on
Apr 13, 2015
Sold by
Stephens Earl D
Bought by
Elkins Anthony Holly C

Purchase Details

Closed on
Sep 13, 2012
Sold by
Farm Credit Services Of Mi
Bought by
Cushing Thomas F Diana G

Purchase Details

Closed on
May 17, 2012
Sold by
Mccoy James B
Bought by
Farm Credit Services Of Mid Am

Purchase Details

Closed on
Oct 16, 1990
Bought by
Stephens Earl D and Stephens Phyllis S

Purchase Details

Closed on
Aug 31, 1990
Bought by
General Development Corp P O Box 2601
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
Bonito Jason $485,250 Foundation T&E Franklin
Goodwin Lawrence K $22,500 --
Elkins Anthony Holly C $274,900 --
Cushing Thomas F Diana G $54,000 --
Farm Credit Services Of Mid Am $9,800 --
Stephens Earl D $9,800 --
General Development Corp P O Box 2601 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonito Jason $388,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2021 06/10/21 Sold $565,250 0.0% $215 / Sq Ft
04/30/2021 04/30/21 Pending -- -- --
04/16/2021 04/16/21 For Sale $565,250 -- $215 / 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 $2,212 $83,150 $7,500 $75,650
2023 $2,212 $83,150 $7,500 $75,650
2022 $2,055 $83,150 $7,500 $75,650
2021 $2,055 $83,150 $7,500 $75,650
2020 $1,789 $83,150 $7,500 $75,650
2019 $1,784 $61,125 $7,500 $53,625
2018 $1,665 $60,975 $7,500 $53,475
2017 $1,665 $60,975 $7,500 $53,475
2016 $1,863 $68,225 $7,500 $60,725
2015 $1,914 $68,225 $7,500 $60,725
2014 -- $50,488 $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: 2926971

Realtracs

APN: 123-067.00

Tennessee Putnam County Monterey 38574

1340 Laurel Way Unit 5, Monterey, TN

This home is located at 1340 Laurel Way Unit 5, Monterey, TN 38574 since 16 April 2021 and is currently estimated at $633,048, approximately $240 per square foot. This property was built in 1994. 1340 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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