NOT LISTED FOR SALE

301 Locust Grove Rd Cookeville, TN 38501

Estimated Value: $229,816 - $351,000

4 Beds
2 Baths
1,680 Sq Ft
$171/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $110,000 $65 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $1,679/month

Highlights

  • Wooded Lot
  • Lawn
  • Central Air
  • Vaulted Ceiling
  • No HOA
  • Ceiling Fan

About This Home

As of February 2014

Remarkable Deal! Duplex situated on 1.1 Acres inside City Limits close to Echo Valley Pool, each unit offers 2 Bedrooms, 1 bath, large, trees, front porch with privacy, fresh paint, and are amazingly clean. Duplex is currently rented at $525/month for each unit. This is your investment for the future. Owner Financing Available.

Last Agent to Sell the Property

Sherri Smith

The Realty Firm Brokerage Phone: 9315207750 Listed on: 03/30/2011

Co-Listed By

Darren Wilson

The Realty Firm Brokerage Phone: 9315207750

Last Buyer's Agent

Sherri Smith

The Realty Firm Brokerage Phone: 9315207750 Listed on: 03/30/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1999

Lot Details

  • 1.1 Acre Lot
  • Wood Fence
  • Wooded Lot
  • Lawn
  • Garden

Parking

  • Unpaved Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Cane Creek/Cornerstone Elementary And Middle School
  • Cane Creek/Cornerstone High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $1,050
  • Assessor Parcel Number 221.00

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • No Pets Allowed

Building Details

  • 3 Vacant Units
  • Gross Income $12,900
  • Net Operating Income $1,065

Property Details

Home Type

Multi-Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Attribution Contact: 9315207750
  • Directions: From PCCH; West on Highway 70/Spring Street; L on Locust Grove Road; Property on R with sign. (Mailbox on Left)
  • Prop. Type: Residential Income
  • Year Built: 1999
  • Property Sub Type: Duplex
  • Lot Size Acres: 1.1
  • Lot Size: 1.1 Acre
  • Road Surface Type: Paved
  • Co List Office Mls Id: 190
  • Co List Office Phone: 931-520-7750
  • Special Features: None

Interior Features

  • Appliances: Dishwasher,Disposal,Refrigerator,Electric Range,Range Hood,Washer,Dryer,Electric Oven, Electric Water Heater
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s)
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1680

Exterior Features

  • Exterior Features: Lawn, Garden
  • Roof: Composition
  • Fencing: Wood
  • Lot Features: Wooded
  • Construction Type: Frame, Brick, Vinyl Siding
  • Property Condition: Unit 1 Condition(Good), Unit 2 Condition(Good)

Garage/Parking

  • Parking Features: Unpaved

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, UCEMC
  • Heating: Natural Gas
  • Sewer: Septic Tank
  • Gas Company: Separate Meter, City of Cookeville
  • Laundry Features: Unit 1 Wshr/Dryr Hookup, Unit 2 Wshr/Dryr Hookup
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public, Separate Meter, Double Springs

Condo/Co-op/Association

  • Pets Allowed: No
  • Association: No

Schools

  • Elementary School: Cane Creek/Cornerstone
  • High School: Cane Creek/Cornerstone
  • Middle Or Junior School: Cane Creek/Cornerstone

Lot Info

  • Lot Size Sq Ft: 47916
  • Farm Land Area Units: Square Feet
  • Parcel #: 221.00

Multi Family

  • Property Net Operating Income: 1064.8
  • Number Of Units Total: 2
  • Number Of Units Furnished: None
  • Annual Gross Income: 12900
  • Number Of Units Vacant: 3
  • Total Actual Rent: 1050

Tax Info

  • Tax Book Number: RB419
  • Tax Map Number: 039

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2011
Closed on
Feb 28, 2014
Sold by
Tosa Associates Llc
Bought by
Donadio Andrew J Nancy
Seller's Agent
Sherri Smith
The Realty Firm
Buyer's Agent
Sherri Smith
The Realty Firm
Sold Price
$110,000
Current Estimated Value
$287,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,204
Avg. Annual Appreciation
8.01%

Purchase Details

Closed on
Aug 14, 2007
Bought by
Tosa Associates Llc

Purchase Details

Closed on
Nov 8, 2001
Sold by
C & C Investments
Bought by
Tenorio and Eleuteria

Purchase Details

Closed on
Nov 20, 1998
Sold by
Randolph and Gladys
Bought by
C & C Investments

Purchase Details

Closed on
May 29, 1998
Sold by
Roberts Travis L
Bought by
Randolph and Gladys

Purchase Details

Closed on
May 28, 1998
Bought by
Randolph Verble and Randolph Gladys

Purchase Details

Closed on
Oct 7, 1997
Sold by
Albert Glover
Bought by
Roberts Travis L and Roberts Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,900
Interest Rate
7.55%

Purchase Details

Closed on
Mar 31, 1973
Bought by
Glover Albert and Glover Nancy G
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
Donadio Andrew J Nancy $110,000 --
Tosa Associates Llc $82,000 --
Tenorio $20,000 --
C & C Investments $24,600 --
Randolph $19,750 --
Randolph Verble $19,800 --
Roberts Travis L $21,900 --
Glover Albert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tenorio $65,695
Previous Owner Glover Albert $16,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2014 02/28/14 Sold $110,000 0.0% $65 / Sq Ft
01/01/1970 01/01/70 Off Market $110,000 -- --
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 -- $54,440 $8,800 $45,640
2023 $1,949 $54,440 $8,800 $45,640
2022 $1,792 $54,440 $8,800 $45,640
2021 $1,792 $54,440 $8,800 $45,640
2020 $1,479 $54,440 $8,800 $45,640
2019 $1,638 $41,840 $8,800 $33,040
2018 $1,493 $41,840 $8,800 $33,040
2017 $1,493 $41,840 $8,800 $33,040
2016 $1,493 $41,840 $8,800 $33,040
2015 $1,550 $41,840 $8,800 $33,040
2014 $1,504 $40,583 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 150504

Upper Cumberland Association of REALTORS®

APN: 039-221.00