NOT LISTED FOR SALE

240 Memory Ln Monterey, TN 38574

Estimated Value: $430,000 - $593,639

4 Beds
2 Baths
2,516 Sq Ft
$213/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $397,000 $158 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,072/month

Highlights

  • Horse Property
  • Fireplace
  • Garden
  • No HOA
  • Landscaped with Trees
  • Central Air

About This Home

As of April 2021

Fabulous country living at its best in the beautiful Cumberland Plateau. This secluded and private 2 story, home built in 2004 surrounded by 15 acres of Greenbelt rolling hills and forestry. Home boasts 4 beds 2 baths, 2,516 sq ft with hardwood and tile throughout. Interior includes large country kitchen, separate laundry utility room, 2 large wood stoves as secondary heat to keep you warm. Outside you have 1- car carport, covered porches, 8x12 greenhouse, 24x39 workshop, 18x20 woodshed, 15x18 storage building. Roof is just 5 years old and home has split HVAC (original). Property is partially fenced. It has been surveyed. You will enjoy the serenity of nature at this home site. Located just 7 miles from town.

Last Agent to Sell the Property

Elijah Castelli

Elevate Real Estate Brokerage Phone: 9315206450 License #302586 Listed on: 09/24/2020

Elevate Real Estate

Last Buyer's Agent

Elijah Castelli

Elevate Real Estate Brokerage Phone: 9315206450 License #302586 Listed on: 09/24/2020

Elevate Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $614

Year Built

  • Built in 2004

Lot Details

  • 15 Acre Lot
  • Landscaped with Trees
  • Garden

Parking

  • 1 Parking Space

Home Design

  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,516 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Horse Property

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 007.13

Home Details

Home Type

Single Family

Est. Annual Taxes

$614

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Attribution Contact: 9315206450
  • Directions: Interstate 40, take exit 300 MONTEREY. Left on S. Holly St.; Right on E. Stratton Ave.; Left on S. Chestnut St. Continue on Rt. 164 Approximately 7 miles. Turn left onto Memory Lane.
  • Unit Levels: Two
  • Prop. Type: Residential
  • Year Built: 2004
  • Property Sub Type: Site Built w/Acreage
  • Horses: Yes
  • Lot Size Acres: 15
  • Lot Size: 15 acres
  • Subdivision Name: None
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Electric Range, Electric Oven
  • Has Basement: Crawl Space
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Living Area: 2516
  • Room Bedroom3 Area: 136.9444
  • Room Bedroom2 Area: 140.9444
  • Master Bedroom Master Bedroom Width: 19.8333
  • Room Master Bedroom Area: 395.0139
  • Room Living Room Area: 360.1458
  • Room Kitchen Area: 298.3333
  • Room Dining Room Area: 300.8194

Exterior Features

  • Exterior Features: Garden
  • Roof: Composition
  • Lot Features: Horse Property, Trees
  • Construction Type: Frame, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, Volunteer Elec.
  • Heating: Electric
  • Sewer: Septic Tank
  • Gas Company: None
  • Laundry Features: Main Level
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • Water Source: Utility District, East Fork UD

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 653400
  • Farm Land Area Units: Square Feet
  • Parcel #: 007.13
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 614.25
  • Tax Book Number: 152
  • Tax Map Number: 129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2020
Closed on
Apr 15, 2021
Sold by
Lenz Linda and Lenz John
Bought by
Kuehni Jeremy and Kuehni Katy
Seller's Agent
Elijah Castelli
Elevate Real Estate
Buyer's Agent
Elijah Castelli
Elevate Real Estate
Sold Price
$397,000
Current Estimated Value
$534,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,910
Avg. Annual Appreciation
6.33%
Original Mortgage
$317,600
Outstanding Balance
$290,051
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$228,535

Purchase Details

Listed on
Jun 11, 2015
Closed on
Sep 3, 2015
Sold by
Withers Zachary
Bought by
Lenz Linda Leach and Lenz John Lenz
Seller's Agent
Donna Poston Grider
American Way Real Estate
Buyer's Agent
Donna Poston Grider
American Way Real Estate
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.52%

Purchase Details

Listed on
Jun 11, 2015
Closed on
Aug 28, 2015
Sold by
Harris James D
Bought by
Withers Zachary
Seller's Agent
Donna Poston Grider
American Way Real Estate
Buyer's Agent
Donna Poston Grider
American Way Real Estate
Sold Price
$75,000

Purchase Details

Listed on
Jun 11, 2015
Closed on
Aug 17, 2015
Bought by
Withers Zachary
Seller's Agent
Donna Poston Grider
American Way Real Estate
Buyer's Agent
Donna Poston Grider
American Way Real Estate
Sold Price
$75,000

Purchase Details

Closed on
Apr 22, 2005
Sold by
Not Provided
Bought by
Withers Zachary Jordan and Withers Jessica Hope
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 Buyer Sale Price Title Company
Kuehni Jeremy $397,000 None Available
Lenz Linda Leach $75,000 --
Withers Zachary -- --
Withers Zachary -- --
Withers Zachary Jordan -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuehni Jeremy $317,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $397,000 +429.3% $158 / Sq Ft
09/04/2015 09/04/15 Sold $75,000 -81.1% $32 / Sq Ft
01/01/1970 01/01/70 Off Market $397,000 -- --
01/01/1970 01/01/70 Off Market $75,000 -- --
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 $1,894 $84,225 $4,000 $80,225
2023 $1,660 $84,225 $4,000 $80,225
2022 $1,660 $84,225 $4,000 $80,225
2021 $538 $84,225 $4,000 $80,225
2020 $538 $27,300 $4,000 $23,300
2019 $574 $25,500 $3,550 $21,950
2018 $574 $25,500 $3,550 $21,950
2017 $574 $25,500 $3,550 $21,950
2016 $574 $25,500 $3,550 $21,950
2015 $507 $25,500 $3,550 $21,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 199714

Upper Cumberland Association of REALTORS®

APN: 129-007.13