NOT LISTED FOR SALE

265 Locust Grove Rd Cookeville, TN 38501

Estimated Value: $250,000 - $973,000

12 Beds
8 Baths
1,400 Sq Ft
$449/Sq Ft Est. Value

Last Sold June 06, 2024

Last sale price $925,000 $661 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $4,030/month

Highlights

  • 4.85 Acre Lot
  • Handicap Accessible
  • Ceiling Fan
  • No HOA
  • Central Air
  • Heating Available

About This Home

As of June 2024

Listing agent will provide information on monthly income for all 6 units Three all brick duplexes, 6 units total, each 1400 sf, 3 Bedroom 2 Bath with garage. All units ADA/ABA Handicap Accessible. Built in 2010. On 4.85 acres just off New Tennessee Avenue and I-40 exit. Near new business park, all shopping on Jackson St. & Walnut. Near Center Hill Lake and Dale Hollow lake. I Hour to Nashville Downtown; 45 mins - 1 hour to Nashville International Airport. Close to Tenn. Tech University, Cookeville Regional Medical Center. please check additional documents or contact listing agent to obtain them

Last Agent to Sell the Property

Pam Roberts

American Way Real Estate Brokerage Phone: 9315269581 License #246551 Listed on: 05/01/2023

Last Buyer's Agent

Donnita Hill

Exit Rocky Top Realty-CK License #018217

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,989

Year Built

  • Built in 2010

Lot Details

  • 4.85

Parking

  • 4 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,400 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Handicap Accessible
  • 4.85 Acre Lot

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 220.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,989

Year Built

Built in 2010

Lot Details

0

Parking

4

Listing Details

  • Attribution Contact: 9315269581
  • Directions: PCCH go West on Broad St continue 70W. Just past Tennessee Ave. turn Right on Locust Grove RD. Property on the Left.
  • Prop. Type: Residential Income
  • Year Built: 2010
  • Property Sub Type: Duplex
  • Lot Size Acres: 4.85
  • Lot Size: see acres
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Electric Oven, Refrigerator, Electric Range
  • Has Basement: Crawl Space
  • Flooring: Vinyl, Other
  • Interior Amenities: Ceiling Fan(s)
  • Accessibility Features: Handicap Access
  • Total Bedrooms: 12
  • Living Area: 1400
  • Window Features: Double Pane Windows

Exterior Features

  • Roof: Metal
  • Construction Type: Frame, Brick
  • Patio And Porch Features: Porch, Covered, Deck

Garage/Parking

  • Garage Spaces: 4

Utilities

  • Cooling: Central Air
  • Electric: UCEMC
  • Heating: Electric
  • Sewer: Septic Tank
  • Gas Company: Separate Meter, none
  • Laundry Features: Unit 1 Wshr/Dryr Hookup, Unit 2 Wshr/Dryr Hookup, Unit 3 Wshr/Dryr Hookup, Unit 4 Wshr/Dryr Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Double Springs

Condo/Co-op/Association

  • Association: No

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 220.00

Multi Family

  • Number Of Units Total: 6
  • Number Of Units Furnished: None

Tax Info

  • Tax Annual Amount: 7989.03
  • Tax Map Number: 039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jun 6, 2024
Sold by
Mg Rentals Llc
Bought by
Easter Seals Tennessee Inc
Seller's Agent
Pam Roberts
American Way Real Estate
Buyer's Agent
Donnita Hill
Exit Rocky Top Realty-CK
List Price
$1,250,000
Sold Price
$925,000
Premium/Discount to List
-$325,000
-26%
Views
1073
Current Estimated Value
$628,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$296,605
Avg. Annual Appreciation
-24.28%

Purchase Details

Closed on
Dec 9, 2013
Sold by
Mg Rebuilders Llc
Bought by
Mg Rentals Llc

Purchase Details

Closed on
Jun 5, 2007
Bought by
Mgrebuilders Llc

Purchase Details

Closed on
Mar 11, 1967
Bought by
Ragland Mary Sue Francis
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
Easter Seals Tennessee Inc $925,000 Ledbetter Title
Mg Rentals Llc -- --
Mgrebuilders Llc $50,000 --
Ragland Mary Sue Francis -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2024 06/06/24 Sold $925,000 -26.0% $661 / Sq Ft
05/03/2023 05/03/23 For Sale $1,250,000 -- $893 / Sq Ft
05/01/2023 05/01/23 Pending -- -- --
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 $8,688 $243,120 $19,200 $223,920
2023 $8,688 $242,680 $19,200 $223,480
2022 $7,989 $242,680 $19,200 $223,480
2021 $7,989 $242,680 $19,200 $223,480
2020 $5,274 $242,680 $19,200 $223,480
2019 $8,247 $210,600 $19,200 $191,400
2018 $7,518 $210,600 $19,200 $191,400
2017 $7,518 $210,600 $19,200 $191,400
2016 $7,518 $210,600 $19,200 $191,400
2015 $7,803 $210,600 $19,200 $191,400
2014 $7,493 $202,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pam Roberts

    Seller's Agent in 2024

    Pam Roberts

    American Way Real Estate

    (931) 979-2171

    41 in this area

    54 Total Sales

    Pam Roberts
    Section Image
  • Donnita Hill

    Buyer's Agent in 2024

    Donnita Hill

    Exit Rocky Top Realty-CK

    (931) 261-1500

    180 in this area

    315 Total Sales

    Donnita Hill
    Section Image
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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 218684

Upper Cumberland Association of REALTORS®

APN: 039-220.00

Tennessee Putnam County Cookeville 38501

265 Locust Grove Rd, Cookeville, TN

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