NOT LISTED FOR SALE

2460 Chimney Springs Rd Cookeville, TN 38506

Estimated Value: $657,000 - $968,000

3 Beds
2.5 Baths
2,115 Sq Ft
$366/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $436,500 $206 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,349/month

Highlights

  • Horses Allowed On Property
  • RV Access or Parking
  • Main Floor Primary Bedroom
  • Algood Elementary School Rated A-
  • 21.81 Acre Lot
  • 2 Fireplaces

About This Home

As of September 2018

Located on a 21.81 exceptionally-private parcel, this custom-built residence features 3 bedrooms, 2.5 baths, a fully-equipped kitchen with loads of cabinetry, a large walk-in laundryroom with built-ins, a family room on main level with built-ins, a lower level den with an adjoining office/hobby room plus a storm shelter and a 2-car garage. There are 2 gas fireplaces located on the main level. Home has a wrap-around porch and generator. A 50x60 barn with electricity, heating, and air will house a 65-foot RV or bus, plus tremendous storage for equipment, etc. 2 vehicle doors, a sauna, plus a bath are also located in the barn. Large cave on property located (from the house) on the upper-left-hand side of the acreage tract. No access to the entrance way to cave on from this property. Generator in home that can also service the barn.

Last Agent to Sell the Property

Donnita Hill

Exit Rocky Top Realty-CK Brokerage Phone: 9315264455 License #018217 Listed on: 03/17/2018

Last Buyer's Agent

Donnita Hill

Exit Rocky Top Realty-CK Brokerage Phone: 9315264455 License #018217 Listed on: 03/17/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,510

Year Built

  • Built in 2001

Lot Details

  • 21.81 Acre Lot
  • Cave
  • Landscaped with Trees
  • Garden

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Open Parking
  • RV Access or Parking

Home Design

  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,115 Sq Ft Home
  • 1.5-Story Property
  • Central Vacuum
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Laundry on main level
  • Property Views
  • Basement

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Schools

  • Algood Elementary And Middle School
  • Algood High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Septic Tank

Additional Features

  • Gazebo
  • Horses Allowed On Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 022.05

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,510

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Attribution Contact: 9315264455
  • Directions: From PCCH: E on Spring, N on 111 toward Algood (5.7 mi), R on Old Hwy 42, R on Chimney Springs Rd, property at end. Gated entrance. Home cannot be seen from gate.
  • Unit Levels: One and One Half
  • Prop. Type: Residential
  • Year Built: 2001
  • Property Sub Type: Site Built
  • Horses: Yes
  • Lot Size Acres: 21.81
  • Lot Size: See Acreage
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Half Bathrooms: 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Electric Range, Disposal, Refrigerator, Trash Compactor, Electric Oven
  • Flooring: Hardwood, Tile, Carpet
  • Interior Amenities: Central Vacuum, Ceiling Fan(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Two, Gas Log
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 2115
  • Main Level Bedrooms: 1
  • Room Bedroom2 Level: Upper
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Upper
  • Living Room Living Room Level: Main
  • Room Family Room Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Exterior Features: Horses Allowed
  • Roof: Composition
  • Lot Features: Trees, Garden
  • View: No Water Frontage View Description, Mountain(s)
  • View: Yes
  • Waterfront Features: No Water Frontage View Description
  • Home Warranty: No
  • Construction Type: Frame, Block, Wood Siding
  • Other Structures: Gazebo, Cave(s)

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Garage Door Opener, Concrete, RV Access/Parking, Basement
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, UCEMC
  • Heating: Natural Gas, Central
  • Sewer: Septic Tank
  • Gas Company: Natural Gas, City of Cookeville
  • Laundry Features: Main Level
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Connected
  • Water Source: Public, Algood

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Algood
  • High School: Algood
  • Middle Or Junior School: Algood

Lot Info

  • Lot Size Sq Ft: 950043.6
  • Farm Land Area Units: Square Feet
  • Parcel #: 022.05
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 1509.69
  • Tax Map Number: 025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2018
Closed on
Sep 17, 2018
Sold by
Galmon Charles R
Bought by
Todd Forrest
Seller's Agent
Donnita Hill
Exit Rocky Top Realty-CK
Buyer's Agent
Donnita Hill
Exit Rocky Top Realty-CK
Sold Price
$436,500
Current Estimated Value
$773,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,667
Avg. Annual Appreciation
8.28%
Original Mortgage
$515,168
Outstanding Balance
$448,332
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$324,835

Purchase Details

Closed on
Apr 30, 2007
Sold by
Looper John R
Bought by
Lon Ting Kwun

Purchase Details

Closed on
Jan 9, 1998
Sold by
Mineghino Mary R
Bought by
Galmon Charles R and Galmon Beverly

Purchase Details

Closed on
Dec 18, 1990
Bought by
Tolbert Tolbert R and Tolbert Rebecca P

Purchase Details

Closed on
Feb 25, 1982
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Todd Forrest $436,500 --
Lon Ting Kwun $527,500 --
Galmon Charles R $59,000 --
Tolbert Tolbert R -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Todd Forrest $515,168
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2018 09/17/18 Sold $436,500 0.0% $206 / Sq Ft
01/01/1970 01/01/70 Off Market $436,500 -- --
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 $3,186 $119,775 $45,900 $73,875
2023 $3,186 $119,775 $45,900 $73,875
2022 $2,961 $119,775 $45,900 $73,875
2021 $2,009 $81,275 $7,400 $73,875
2020 $2,105 $81,275 $7,400 $73,875
2019 $2,105 $71,950 $6,275 $65,675
2018 $1,510 $71,950 $6,275 $65,675
2017 $1,510 $55,300 $6,275 $49,025
2016 $1,510 $55,300 $6,275 $49,025
2015 $1,551 $55,300 $6,275 $49,025
2014 $1,484 $52,913 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 184921

Upper Cumberland Association of REALTORS®

APN: 025-022.05