NOT LISTED FOR SALE

2809 Old Salem Dr Cookeville, TN 38506

Estimated Value: $539,551 - $599,000

4 Beds
3 Baths
3,612 Sq Ft
$161/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $395,000 $109 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $3,380/month

Highlights

  • Lake Front
  • Main Floor Bedroom
  • 2 Car Attached Garage
  • Vaulted Ceiling
  • No HOA
  • Views

About This Home

As of April 2021

This 3612 Sq. Ft. immaculately kept home comes with your own part of the lake! This beauty features 4BR, 3BA, formal LR, DR + spacious family room with fireplace, vaulted ceiling, & custom built-ins on the main level. Kitchen boasts granite counters, breakfast bar & pantry with the cutest barn door. Master suite bath with quartz top counters, awesome walk in tiled rain shower. Downstairs you will find not one, but 2 extra huge bonus rooms + full bath with marble flooring. If you are working from home now, these rooms would be awesome for office space or homeschooling. Main level length of home sized back deck & basement level covered patio area gives you plenty of entertainment space for your guests to enjoy those beautiful lake views. Situated on almost an acre sized lot, located in Putnam County just minutes from restaurant row.

Last Agent to Sell the Property

Vickie Loftis

American Way Real Estate Brokerage Phone: 9315269581 License #291404 Listed on: 02/01/2021

Last Buyer's Agent

Vickie Loftis

American Way Real Estate Brokerage Phone: 9315269581 License #291404 Listed on: 02/01/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,590

Year Built

  • Built in 1987

Lot Details

  • 2.56 Acre Lot
  • Lot Dimensions are 231.38 x 481.37
  • Lake Front
  • Landscaped with Trees
  • Garden

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 3,612 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Fire and Smoke Detector
  • Laundry on lower level
  • Property Views

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Schools

  • Prescott/Chs Elementary And Middle School
  • Prescott/Chs High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Colonial Hills Subdivision

Listing and Financial Details

  • Assessor Parcel Number 059.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,590

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Attribution Contact: 9315269581
  • Directions: S. on Jefferson, R on I - 40 west. Take exit 286. Turn Left on Burgess Falls Rd., R on Old Salem Dr., Home on left.
  • Unit Levels: One
  • Prop. Type: Residential
  • Year Built: 1987
  • Property Sub Type: Site Built
  • Lot Size Acres: 2.5569
  • Lot Size: 231.38 x 481.37
  • Road Surface Type: Paved
  • Subdivision Name: Colonial Hills
  • Carport Y N: No
  • Garage Yn: Yes
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Disposal, Range Hood, Refrigerator, Gas Range, Gas Oven
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: One, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3612
  • Main Level Bedrooms: 4
  • Room Bedroom2 Level: Main
  • Room Bedroom4 Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Room Bedroom3 Level: Main
  • Living Room Living Room Level: Main
  • Room Family Room Level: Main
  • Dining Room Dining Room Level: Main

Exterior Features

  • Exterior Features: Garden
  • Roof: Composition
  • Lot Features: Trees
  • View: Private-Individually Owned, Private-Subdivision, Water
  • View: Yes
  • Waterfront Features: Lake, Private-Individually Owned, Private-Subdivision
  • Waterfront: Yes
  • Construction Type: Frame, Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: Resd.
  • Lot Size Sq Ft: 111379.3906
  • Farm Land Area Units: Square Feet
  • Parcel #: 059.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 1589.55
  • Tax Book Number: 1008
  • Tax Map Number: 084J

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2021
Closed on
Apr 8, 2021
Sold by
Farrell David P and Farrell Gail B
Bought by
Unger Tricia Renee and Unger Ronald James
Seller's Agent
Vickie Loftis
American Way Real Estate
Buyer's Agent
Vickie Loftis
American Way Real Estate
Sold Price
$395,000
Current Estimated Value
$582,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,388
Avg. Annual Appreciation
8.71%
Original Mortgage
$355,500
Outstanding Balance
$323,956
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$245,402

Purchase Details

Listed on
May 4, 2017
Closed on
Aug 2, 2017
Sold by
Nelson Nannie Susan
Bought by
Farrell David P and Farrell Gail B
Seller's Agent
Jack McDaniel
First Realty Company
Buyer's Agent
Jack McDaniel
First Realty Company
Sold Price
$226,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.38%

Purchase Details

Listed on
Jun 23, 2011
Closed on
Jan 26, 2012
Sold by
Sundaram R Meenakshi
Bought by
Nelson Nannie Susan
Seller's Agent
Mac Evans
American Way Real Estate
Buyer's Agent
Mac Evans
American Way Real Estate
Sold Price
$195,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%
Original Mortgage
$156,400
Interest Rate
3.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 25, 1987
Bought by
Sundaram Sundaram R and Sundaram Kalavathyia

Purchase Details

Closed on
Jan 22, 1980
Bought by
Vick Wm R and Vick Gloria
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
Unger Tricia Renee $395,000 None Available
Farrell David P $226,000 --
Nelson Nannie Susan $195,500 --
Sundaram Sundaram R $97,000 --
Vick Wm R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Unger Tricia Renee $355,500
Previous Owner Nelson Nannie Susan $156,400
Previous Owner Meenakshi Sundaram $140,000
Previous Owner Meenakshi Sundaram $30,000
Previous Owner Meenakshi Sundaram R $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $395,000 +74.8% $109 / Sq Ft
08/02/2017 08/02/17 Sold $226,000 +15.6% $63 / Sq Ft
01/26/2012 01/26/12 Sold $195,500 0.0% $54 / Sq Ft
01/01/1970 01/01/70 Off Market $195,500 -- --
01/01/1970 01/01/70 Off Market $226,000 -- --
01/01/1970 01/01/70 Off Market $395,000 -- --
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 $2,484 $93,400 $6,250 $87,150
2023 $2,484 $93,400 $6,250 $87,150
2022 $2,309 $93,400 $6,250 $87,150
2021 $1,701 $68,800 $6,250 $62,550
2020 $1,590 $68,800 $6,250 $62,550
2019 $1,590 $54,325 $6,250 $48,075
2018 $1,483 $54,325 $6,250 $48,075
2017 $1,483 $54,325 $6,250 $48,075
2016 $1,483 $54,325 $6,250 $48,075
2015 $1,524 $54,325 $6,250 $48,075
2014 $1,390 $49,544 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 202543

Upper Cumberland Association of REALTORS®

APN: 084J-B-059.00