NOT LISTED FOR SALE

1540 E Overlook Rd Monterey, TN 38574

Estimated Value: $707,000 - $756,206

3 Beds
3.5 Baths
3,082 Sq Ft
$238/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $704,000 $228 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,129/month

104 Days on Market

Highlights

  • Clubhouse
  • Wooded Lot
  • 2 Fireplaces
  • Deck
  • Traditional Architecture
  • 2 Car Attached Garage

About This Home

As of September 2024

This beautifully maintained 3 BR/ 3.5 BA Rustic Country home sits on 4.3 wooded acres with the absolute BEST SCENIC VIEWS in Cumberland Cove.As you enter the property you immediately get the feeling of a private estate. The meandering driveway leads past a storage shed to a 3 story home featuring those amazing mountain views from every room. The first floor has an open concept Great Room-Kitchen-Dining area. There is a gas fireplace in the Living Room. The Master BR and Bath are on this floor with a walk in closet. Down a short hall is a 1/2 bath for guests and a Laundry room. A door off this hallway leads to a large two car garage with a large shop area. The second floor has 2 Bedrooms with great views and a full bath. Going downstairs leads to a huge walkout basement area with the second gas fireplace and a full bathroom. Amazing potential for this area. Now let's talk DECKS! There are large deck areas on every level taking advantage of the gorgeous views. You can hear the sound of the creek flowing below you and a close by waterfall as you relax in this beautiful country setting. Come for a viewing and you'll never want to leave.

Last Agent to Sell the Property

Warren Schreier

Cumberland Cove Real Estate Inc License #320098 Listed on: 05/04/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,629

Year Built

  • Built in 1992

Lot Details

  • 4.3 Acre Lot
  • Lot Dimensions are 125x692x340x832
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $12 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Stone Siding

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Property Views
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Monterey High School

Utilities

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

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 123 21700 000

Community Details

Overview

  • Cumberland Cove Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,629

Year Built

Built in 1992

Lot Details

0

HOA Fees

$12 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1992
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor, Kitchen Island
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Wood, Laminate, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 2082
  • Below Grade Sq Ft: 1000
  • Building Area Units: Square Feet
  • Living Area: 3082
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Storage Building
  • Construction Type: Frame, Stone, Other
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • 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

Condo/Co-op/Association

  • Association Fee: 138
  • Association Fee Frequency: Annually
  • Amenities: Clubhouse
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Private, Wooded, Rolling Slope
  • Lot Size Acres: 4.3
  • Lot Size: 125X692X340X832
  • Lot Size Units: Acres
  • Parcel #: 123 21700 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2629
  • Tax Lot: 11

MLS Schools

  • High School: Monterey High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Sep 25, 2024
Sold by
Hall Robert C
Bought by
Kenneth Pate Trust and Pate
Seller's Agent
Warren Schreier
Cumberland Cove Real Estate Inc
List Price
$875,000
Sold Price
$704,000
Premium/Discount to List
-$171,000
-19.54%
Views
30
Current Estimated Value
$732,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,052
Avg. Annual Appreciation
3.98%

Purchase Details

Closed on
Oct 1, 2021
Sold by
Pate Kenneth Earl
Bought by
Pate Kenneth Earl and The Kenneth Pate Trust

Purchase Details

Closed on
Apr 25, 2008
Sold by
Pate Jean S
Bought by
Earl Pate Kenneth

Purchase Details

Closed on
Oct 25, 1988
Bought by
Pate Kenneth E and Pate Jean S Pate
Source: Public Records

Range of Values:

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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
Kenneth Pate Trust -- None Listed On Document
Pate Kenneth Earl -- None Available
Earl Pate Kenneth -- --
Pate Kenneth E $24,100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2024 09/30/24 Sold $704,000 -19.5% $228 / Sq Ft
08/16/2024 08/16/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $875,000 -- $284 / 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 $2,829 $106,350 $26,100 $80,250
2023 $2,829 $106,350 $26,100 $80,250
2022 $2,629 $106,350 $26,100 $80,250
2021 $2,629 $106,350 $26,100 $80,250
2020 $2,178 $106,350 $26,100 $80,250
2019 $2,178 $74,450 $13,050 $61,400
2018 $2,032 $74,450 $13,050 $61,400
2017 $2,032 $74,450 $13,050 $61,400
2016 $2,032 $74,450 $13,050 $61,400
2015 $2,264 $80,700 $19,300 $61,400
2014 $2,028 $72,317 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2024

    Warren Schreier

    Cumberland Cove Real Estate Inc

    (931) 200-7304

    251 Total Sales

    Warren Schreier
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Map

Source: Realtracs

MLS Number: 2926851

Realtracs

APN: 123-217.00

Tennessee Putnam County Monterey 38574

1540 E Overlook Rd, Monterey, TN

This home is located at 1540 E Overlook Rd, Monterey, TN 38574 since 04 May 2024 and is currently estimated at $732,052, approximately $237 per square foot. This property was built in 1992. 1540 E Overlook Rd is a home located in Putnam County with nearby schools including Burks Elementary School and Monterey High School.

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