$550,000
SOLD AUG 26, 2024

13520 Monterey Hwy Monterey, TN 38574

2.64 Acres
$208,333 Price per Acre
114,998 Sq Ft Lot

Recently Sold

486 Days on Market

About This Lot

As of August 2024

Prime location for commercial or residential use. No restrictions, city water, with public sewer coming soon! Just off I-40 this property has tremendous potential. If you are looking to open your own business this location offers ease of access to future customers. Don't let this one get away!

Last Agent to Sell the Property

Elijah Castelli

Elevate Real Estate License #302586 Listed on: 05/30/2024

Elevate Real Estate

Last Buyer's Agent

Elijah Castelli

Elevate Real Estate License #302586 Listed on: 05/30/2024

Elevate Real Estate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $459

Lot Details

  • 2.64 Acre Lot
  • Lot Dimensions are 455x494x172x46x271
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as None, Zoned Residential

Listing and Financial Details

  • Assessor Parcel Number 071 083.00
  • $22,000 Seller Concession

Property Details

Property Type

Land

Est. Annual Taxes

$459

Lot Details

0

Listing Details

  • Directions: From Cookeville take I-40 east to exit 300. At the end of the ramp turn right, property immediately on the right, see sign!
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 2.64
  • Lot Size: 455x494x172x46x271
  • Topography:Rolling: Yes
  • Utilities Available:Water5: Yes
  • General Property Description:Lot Size SqFt: 114998.0
  • Property Sub-Type:Single Family2: Yes
  • Lot Description:Irregular Lot: Yes
  • Topography:Cleared: Yes
  • Road Access:US Highway: Yes
  • Road Access:Interstate Access: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling, Irregular Lot
  • Topography: Cleared
  • Road Frontage Paved: Yes

Lot Info

  • Lot Size Sq Ft: 114998.0
  • Parcel #: 071 083.00
  • Zoning Description: None, Zoned Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 459.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2024
Closed on
Aug 26, 2024
Sold by
Spas Kenneth
Bought by
Harinam Usa Inc
Seller's Agent
Elijah Castelli
Elevate Real Estate
Buyer's Agent
Elijah Castelli
Elevate Real Estate
List Price
$550,000
Sold Price
$550,000
Views
282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.43%
Original Mortgage
$440,000
Outstanding Balance
$436,992
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$299,895

Purchase Details

Closed on
Dec 29, 2010
Sold by
Hall Billy C
Bought by
Kenneth Spas

Purchase Details

Closed on
Mar 15, 2000
Sold by
Hall Billy C
Bought by
Jack Parrott

Purchase Details

Closed on
Jan 1, 1986
Bought by
Parrott Jack and Bill Hall
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $550,000 None Listed On Document
Deed $135,000 --
Deed $15,000 --
Warranty Deed $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2025 04/28/25 For Sale $950,000 +72.7% --
08/26/2024 08/26/24 Sold $550,000 0.0% --
06/03/2024 06/03/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $550,000 0.0% --
12/18/2023 12/18/23 Pending -- -- --
02/02/2023 02/02/23 For Sale $550,000 -- --
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 $898 $33,750 $33,750 $0
2023 $898 $33,750 $33,750 $0
2022 $834 $33,750 $33,750 $0
2021 $1,293 $33,750 $33,750 $0
2020 $1,447 $33,750 $33,750 $0
2019 $1,447 $33,750 $33,750 $0
2018 $1,370 $33,750 $33,750 $0
2017 $1,370 $33,750 $33,750 $0
2016 $1,360 $33,750 $33,750 $0
2015 $1,369 $33,750 $33,750 $0
2014 $1,355 $33,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1217107

East Tennessee REALTORS® MLS

APN: 071-083.00