NOT LISTED FOR SALE

2536 Cane Creek-Cummingsville Rd Spencer, TN 38585

Estimated Value: $316,000 - $381,000

3 Beds
2.5 Baths
2,110 Sq Ft
$158/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $250,000 $118 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,832/month

86 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Attached Garage
  • Central Air
  • No HOA
  • Views
  • Wood Siding

About This Home

As of April 2024

HUD FORECLOSURE: OPEN TO ALL BIDDERS. This home features 3 bedrooms and 2 full baths upstairs, with an additional 1/2 bath, office, formal dining area, kitchen and large living area on the main level. The home sits on an unfinished basement and includes an attached 2 car garage. Additionally, the home offers a large covered back patio and sits on 3.84 unrestricted acres. There have been some modern upgrades, but the home is being sold AS-IS. See attached Addendum for Additional HUD Home Buying Details and Guidelines. Seller and Seller's Agents abide by Equal Housing Opportunity guidelines. ATTENTION: DUE TO THE UNKNOWN CONDITION OF THE ELECTRICAL OR PLUMBING SYSTEMS AT THIS HOME, HUD IS NO LONGER ALLOWING UTILITIES TO BE TURNED ON FOR ANY INSPECTIONS OR APPRAISALS. ALL OFFERS SUBMITTED WILL BE DONE SO ON THIS UNDERSTANDING.

Last Agent to Sell the Property

Dakota Langdon

Highlands Elite Real Estate LLC Brokerage Phone: 9314008820 License #339656 Listed on: 02/04/2023

Last Buyer's Agent

Dakota Langdon

Highlands Elite Real Estate LLC Brokerage Phone: 9314008820 License #339656 Listed on: 02/04/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,316

Year Built

  • Built in 1977

Lot Details

  • 3.84 Acre Lot

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,110 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Laundry on main level
  • Property Views
  • Unfinished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Open Parking

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 025.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,316

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Attribution Contact: 9314008820
  • Directions: From VCCH: East on Taft Drive toward TN-111S. Turn Left at 1st cross street onto TN-111N. Turn right onto TN-285E. Home on Right with Sign. From Cookeville: South on Hwy 111. Continue on Hwy 111 towards Spencer. Turn left onto Cane Creek Cummingsville Road/TN-285. Home on right with sign.
  • Unit Levels: Two
  • Prop. Type: Residential
  • Year Built: 1977
  • Property Sub Type: Site Built w/Acreage
  • Lot Size Acres: 3.84
  • Lot Size: 500' x 224' x 240' x 200' x 435' irreg
  • Subdivision Name: Other
  • Half Bathrooms: 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave
  • Has Basement: Unfinished
  • Flooring: Pergo Style, Tile
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2110

Exterior Features

  • Roof: Composition
  • View: Mountain(s)
  • View: Yes
  • Construction Type: Frame, Brick, Wood Siding
  • Patio And Porch Features: Porch, Covered, Patio

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Concrete, Attached, Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Electric: TBD by Buyer
  • Heating: Electric
  • Sewer: Septic Tank
  • Gas Company: TBD by Buyer
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: TBD by Buyer

Condo/Co-op/Association

  • Association: No

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 025.04
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 1315.8
  • Tax Map Number: 015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2023
Closed on
Apr 29, 2024
Sold by
Secretary/Housing & Urban Dev
Bought by
Young Robert Z and Young Jessica
Seller's Agent
Dakota Langdon
Highlands Elite Real Estate LLC
Buyer's Agent
Dakota Langdon
Highlands Elite Real Estate LLC
List Price
$291,600
Sold Price
$250,000
Premium/Discount to List
-$41,600
-14.27%
Views
653
Current Estimated Value
$333,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,088
Avg. Annual Appreciation
19.51%
Original Mortgage
$254,273
Outstanding Balance
$249,994
Interest Rate
6.87%
Mortgage Type
FHA
Estimated Equity
$83,094

Purchase Details

Closed on
Nov 4, 2022
Sold by
Land Home Financial Services Inc
Bought by
Secretary Of Housing And Urban Development

Purchase Details

Listed on
Sep 18, 2020
Closed on
Sep 17, 2020
Sold by
Stamps Kayla and Stamps Cody D
Bought by
Barnes Joshua W and Barnes Ashley Ann
Seller's Agent
Comps Only
COMPS ONLY
Buyer's Agent
Charles Watt
Century 21 Aaim Real Estate
List Price
$229,400
Sold Price
$229,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$225,244
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 11, 2018
Closed on
Aug 13, 2018
Sold by
Good Lyndee L and Good C T
Bought by
Stamps Cody D and Stamps Kayla
Seller's Agent
Tammy Price
Tri-star Real Estate & Auction Co.,
Buyer's Agent
Tammy Price
Tri-star Real Estate & Auction Co.,
Sold Price
$171,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.02%
Original Mortgage
$167,902
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 2017
Sold by
Webb Robert Michael
Bought by
Good Lyndee L and Good T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,272
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2017
Sold by
Webb Kerry Louise and Webb Robert Michael
Bought by
Webb Kerry Louise and Webb Robert Michael

Purchase Details

Listed on
Sep 4, 2012
Closed on
Mar 6, 2013
Bought by
Webb Robert Michael and Webb Kerry L
Seller's Agent
Lisa Garrett
Mitchell Real Estate & Auction Co.
Buyer's Agent
Lisa Garrett
Mitchell Real Estate & Auction Co.
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.37%
Original Mortgage
$48,000
Interest Rate
3.56%
Mortgage Type
Cash

Purchase Details

Closed on
Jul 6, 2012
Sold by
Hill Jason
Bought by
Secretary Of Housing And Urban

Purchase Details

Closed on
Dec 30, 2005
Sold by
Monroe Ellen C Mott
Bought by
Hill Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
10.2%
Mortgage Type
Cash

Purchase Details

Closed on
Oct 10, 1996
Bought by
Monroe Ellen C Mott
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Young Robert Z $250,000 None Listed On Document
Young Robert Z $250,000 None Listed On Document
Secretary Of Housing And Urban Development -- None Listed On Document
Barnes Joshua W $229,400 Warranty Title Llc
Stamps Cody D $171,000 None Available
Good Lyndee L $126,000 None Available
Webb Kerry Louise -- None Available
Webb Robert Michael $60,000 --
Secretary Of Housing And Urban $210,173 --
Hill Jason $140,000 --
Monroe Ellen C Mott $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Robert Z $254,273
Closed Young Robert Z $254,273
Previous Owner Barnes Joshua W $225,244
Previous Owner Stamps Cody D $167,902
Previous Owner Good Lyndee L $127,272
Previous Owner Monroe Ellen C Mott $48,000
Previous Owner Hill Jason $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $250,000 -14.3% $118 / Sq Ft
02/23/2024 02/23/24 For Sale $291,600 0.0% $138 / Sq Ft
12/08/2023 12/08/23 Price Changed $291,600 -10.0% $138 / Sq Ft
10/26/2023 10/26/23 For Sale $324,000 0.0% $154 / Sq Ft
08/25/2023 08/25/23 Price Changed $324,000 -10.0% $154 / Sq Ft
05/12/2023 05/12/23 For Sale $360,000 0.0% $171 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
02/04/2023 02/04/23 For Sale $360,000 +44.0% $171 / Sq Ft
02/04/2023 02/04/23 Off Market $250,000 -- --
02/04/2023 02/04/23 Pending -- -- --
09/18/2020 09/18/20 Sold $229,400 0.0% $109 / Sq Ft View Prior Sale
09/18/2020 09/18/20 Sold $229,400 0.0% $109 / Sq Ft View Prior Sale
09/18/2020 09/18/20 For Sale $229,400 +34.2% $109 / Sq Ft
09/17/2020 09/17/20 Pending -- -- --
08/13/2018 08/13/18 Sold $171,000 +185.0% $81 / Sq Ft View Prior Sale
03/06/2013 03/06/13 Sold $60,000 0.0% $28 / Sq Ft View Prior Sale
01/01/1970 01/01/70 Off Market $60,000 -- --
01/01/1970 01/01/70 Off Market $171,000 -- --
01/01/1970 01/01/70 Off Market $229,400 -- --
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
2025 $970 $54,825 $0 $0
2024 $970 $40,400 $9,400 $31,000
2023 $970 $0 $0 $0
2022 $1,316 $54,825 $9,400 $45,425
2021 $1,373 $54,825 $9,400 $45,425
2020 $1,086 $57,225 $9,400 $47,825
2019 $909 $39,350 $5,650 $33,700
2018 $640 $39,350 $5,650 $33,700
2017 $949 $49,175 $6,050 $43,125
2016 $648 $33,575 $6,050 $27,525
2015 $648 $33,575 $6,050 $27,525
2014 $649 $33,575 $6,050 $27,525
2013 $649 $35,457 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 217191

Upper Cumberland Association of REALTORS®

APN: 015-025.04