NOT LISTED FOR SALE

1568 E Overlook Rd Unit 5 Monterey, TN 38574

Estimated Value: $510,000 - $708,000

3 Beds
2 Baths
2,079 Sq Ft
$290/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $465,000 $224 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,392/month

290 Days on Market

Highlights

  • Clubhouse
  • Wooded Lot
  • 1 Fireplace
  • Deck
  • Traditional Architecture
  • Cooling Available

About This Home

As of July 2024

This 2079 sq.ft. 3/BR 2/BA country home sits on one of the best 4.7 Acre View lots in Cumberland Cove. The home has been used as a vacation home only since its construction.The home needs some updating and TLC but it is in great shape. It has been priced accordingly. City Water, Natural Gas and Fiber Optic Internet are all available at the street. Come for a visit and experience the warm atmosphere provided by this home.

Last Agent to Sell the Property

Warren Schreier

Cumberland Cove Real Estate Inc License #320098 Listed on: 09/11/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,021

Year Built

  • Built in 1990

Lot Details

  • 4.7 Acre Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $11 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 2,079 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 18
  • Assessor Parcel Number 123 21000 000

Community Details

Overview

  • Cumberland Cove Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,021

Year Built

Built in 1990

Lot Details

0

HOA Fees

$11 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1990
  • 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, High Speed Internet
  • Appliances: Gas Range, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Vinyl
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2079
  • Building Area Units: Square Feet
  • Living Area: 2079
  • Living Area Units: Square Feet

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Propane
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Cable Connected

Condo/Co-op/Association

  • Association Fee: 126
  • Association Fee Frequency: Annually
  • Amenities: Clubhouse
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Other, Private, Wooded, Level, Rolling Slope
  • Lot Size Acres: 4.7
  • Lot Size Units: Acres
  • Parcel #: 123 21000 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2021
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Jul 12, 2024
Sold by
Mark W Witt Revocable Trust and Spaulding Witt Denise
Bought by
Kaiser Rhonda
Seller's Agent
Warren Schreier
Cumberland Cove Real Estate Inc
List Price
$579,900
Sold Price
$465,000
Premium/Discount to List
-$114,900
-19.81%
Views
192
Current Estimated Value
$603,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,554
Avg. Annual Appreciation
24.50%

Purchase Details

Closed on
Oct 25, 2004
Sold by
Saunders Elizabeth W
Bought by
Witt Mark W

Purchase Details

Closed on
Jun 28, 1990
Bought by
Saunders Charles E and Saunders Elizabeth

Purchase Details

Closed on
Sep 28, 1989
Bought by
Saunders Charles E and Saunders Elizabeth
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
Kaiser Rhonda $465,000 None Listed On Document
Witt Mark W $227,000 --
Saunders Charles E $3,200 --
Saunders Charles E $37,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $465,000 -19.8% $224 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
09/11/2023 09/11/23 For Sale $579,900 -- $279 / 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 $2,175 $81,775 $27,600 $54,175
2023 $2,175 $81,775 $27,600 $54,175
2022 $2,021 $81,775 $27,600 $54,175
2021 $2,021 $81,775 $27,600 $54,175
2020 $1,593 $81,775 $27,600 $54,175
2019 $1,593 $54,450 $13,800 $40,650
2018 $1,486 $54,450 $13,800 $40,650
2017 $1,486 $54,450 $13,800 $40,650
2016 $1,486 $54,450 $13,800 $40,650
2015 $1,712 $61,050 $20,400 $40,650
2014 $1,459 $52,013 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2926864

Realtracs

APN: 123-210.00