NOT LISTED FOR SALE

248 Cypress Ridge Cookeville, TN 38506

Estimated Value: $211,000 - $248,000

1 Bed
1 Bath
784 Sq Ft
$50/mo HOA Fee

Last Sold August 11, 2023

Last sale price $213,000 $272 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,337/month

Highlights

  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • 1-Story Property
  • Cul-De-Sac
  • Living Room
  • Central Heating and Cooling System

About This Home

As of August 2023

Beautifully presented, Townhouse in Algood. Situated close to all local amenities with easy access to Highway 111. This Townhome has a fully fitted kitchen consisting of a breakfast bar with gorgeous granite counter tops with stainless steel appliances, together with a spacious living, and dining area, great for entertaining. The bedrooms has an en-suite bathroom. There is plenty of storage space throughout the home including a garage for parking.

Resident minimum requirements for approval:
-Credit score of at least 600
-Monthly combined household income of at least 3 times the rent
-Previous rental history with positive references
-No vaping/smoke
-No previous evictions
-No previous bankruptcy
-Pass background check

Last Agent to Sell the Property

Vickie Loftis

American Way Real Estate Brokerage Phone: 9315269581 License #291404 Listed on: 07/10/2023

Co-Listed By

April Alcorn

American Way Real Estate Brokerage Phone: 9315269581 License #340586

Last Buyer's Agent

Mark Brady

Highlands Elite Real Estate LLC License #318886

Highlands Elite Real Estate LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $860

Year Built

  • Built in 2018

Lot Details

  • Cul-De-Sac
  • Sprinkler System

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Crawl Space
  • Laundry on main level

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

Parking

  • 1 Car Attached Garage
  • Open Parking

Schools

  • Algood / CHS Elementary And Middle School
  • Algood / CHS High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 002.00

Property Details

Home Type

Condominium

Est. Annual Taxes

$860

Year Built

Built in 2018

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Attribution Contact: 9315269581
  • Directions: North on Spring St. Take Highway 111 North. Left onto Quinland Lake Rd. Take the 1st right onto Phillips Cemetery Rd. Left onto Cypress Ridge. Condo on right.
  • Unit Levels: One
  • Prop. Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Lot Size: 29.83 x 56
  • Road Surface Type: Paved
  • Co List Office Mls Id: 5
  • Co List Office Phone: 931-526-9581
  • Subdivision Name: Other
  • Carport Y N: No
  • Garage Yn: Yes
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Electric Oven, Disposal, Refrigerator, Electric Range, Microwave
  • Has Basement: Crawl Space
  • Flooring: Tile, Carpet, Other
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 784
  • Main Level Bedrooms: 1
  • Window Features: Double Pane Windows, Blinds
  • Master Bedroom Master Bedroom Level: Main
  • Living Room Living Room Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Exterior Features: Sprinkler System
  • Roof: Composition
  • Lot Features: Cul-De-Sac
  • View: No Water Frontage View Description
  • Waterfront Features: No Water Frontage View Description
  • Construction Type: Frame, Brick, HardiPlank Type
  • Patio And Porch Features: Porch, Covered, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Concrete, Attached, Garage, Main Level
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, UCEMC
  • Heating: Electric, Central
  • Sewer: Public Sewer
  • Gas Company: City of Cookeville
  • Laundry Features: Main Level
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available, Cable Connected
  • Water Source: Public, City of Algood

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Monthly
  • Association: Yes

Schools

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

Lot Info

  • Zoning: Resd.
  • Farm Land Area Units: Square Feet
  • Parcel #: 002.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 860.21
  • Tax Book Number: RB1332
  • Tax Map Number: 026G

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2021
Closed on
Aug 19, 2021
Sold by
Mcnelly Elizabeth M
Bought by
Shepherd Robert D
Seller's Agent
Noma Goodin
First Realty Company
Buyer's Agent
Noma Goodin
First Realty Company
Sold Price
$198,600
Current Estimated Value
$227,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,360
Avg. Annual Appreciation
3.69%
Original Mortgage
$158,880
Outstanding Balance
$146,328
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$83,827

Purchase Details

Listed on
Jul 13, 2017
Closed on
Sep 24, 2018
Sold by
Cooper Square Development
Bought by
Mcnelly Elizabeth M
Seller's Agent
Chad Crouch
First Realty Company
Buyer's Agent
Chad Crouch
First Realty Company
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$119,920
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Shepherd Robert D $198,600 None Available
Mcnelly Elizabeth M $149,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepherd Robert D $158,880
Closed Shepherd Robert D $158,880
Previous Owner Mcnelly Elizabeth M $119,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 For Rent $1,425 0.0% --
08/11/2023 08/11/23 Sold $213,000 -0.9% $272 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $214,900 +8.2% $274 / Sq Ft
08/19/2021 08/19/21 Sold $198,600 +32.5% $238 / Sq Ft
09/24/2018 09/24/18 Sold $149,900 -29.6% $179 / Sq Ft
01/01/1970 01/01/70 Off Market $213,000 -- --
01/01/1970 01/01/70 Off Market $149,900 -- --
01/01/1970 01/01/70 Off Market $198,600 -- --
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 $860 $30,350 $2,500 $27,850
2023 $860 $30,350 $2,500 $27,850
2022 $860 $30,350 $2,500 $27,850
2021 $860 $30,350 $2,500 $27,850
2020 $1,097 $30,350 $2,500 $27,850
2019 $1,097 $37,475 $2,500 $34,975
2018 $1,206 $37,475 $2,500 $34,975
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 219905

Upper Cumberland Association of REALTORS®

APN: 071026G C 00200