NOT LISTED FOR SALE

3745 Lake Shore Dr Cookeville, TN 38506

Estimated Value: $646,498 - $849,000

3 Beds
3.5 Baths
4,425 Sq Ft
$164/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $900,000 $203 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $4,200/month

Highlights

  • Lake Front
  • Vaulted Ceiling
  • 2 Fireplaces
  • Horse Property
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of July 2022

Lakefront property with a Lakeview home is a rare find close to Cookeville! A total of 4.43 acres (2 lots, one 2.84 acres and 1.59 acres) are bordering the lake, mature trees and manicured lawn and garden areas. This 3 to 5 bedroom/office home has 2 huge family rooms, each with a fireplace: one wood and one gas. One of the family rooms , a formal living room/dining room and a large chef's kitchen and an eat in breakfast room, main bedroom and bath, and two other bedrooms, with a jack and jill bath, are all on the main floor. The second family room and bedroom, bath, laundry and 3 car garage are on the lower level. Another bedroom and attic storage are on the second level. A circle drive, sprinkler system, a gazebo entertainment area, a full length back deck and lower patio complement the beautiful outdoor vistas. This home has 2 heat and air units and a whole house intercom system. A security system and an installed gas line from the main road are not currently used.

Last Agent to Sell the Property

Noma Goodin

First Realty Company Brokerage Phone: 9315281573 License #294833 Listed on: 03/02/2022

Last Buyer's Agent

Noma Goodin

First Realty Company Brokerage Phone: 9315281573 License #294833 Listed on: 03/02/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,309

Year Built

  • Built in 1980

Lot Details

  • 4.43 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Wood Fence
  • Sprinkler System
  • Garden

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 4,425 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Lake Views
  • Laundry in Basement

Kitchen

  • Gas Oven
  • Electric Range
  • Microwave
  • Freezer
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Horse Property
  • Gazebo

Utilities

  • Central Heating and Cooling System
  • Propane
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Falling Water Farms Subdivision

Listing and Financial Details

  • Assessor Parcel Number 023.09,023.30

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,309

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Attribution Contact: 9315281573
  • Directions: South on 70 E/E Spring 4.8 miles, left into Lakeshore Dr. Home on left at the cul-d-sac.
  • Unit Levels: Two
  • Prop. Type: Residential
  • Year Built: 1980
  • Property Sub Type: Site Built w/Acreage
  • Horses: Yes
  • Lot Size Acres: 4.43
  • Lot Size: SEE AC.
  • Road Surface Type: Paved
  • Subdivision Name: Falling Water Farms
  • Half Bathrooms: 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Kitchen Level: Main
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Gas Range, Freezer, Gas Oven, Electric Range, Electric Oven, Microwave, Disposal, Other, Refrigerator, Trash Compactor
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Vaulted Ceiling(s)
  • Other Equipment: Satellite Dish, Intercom
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Two, Gas Log
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 4425
  • Main Level Bedrooms: 3
  • Room Bedroom2 Level: Main
  • Room Bedroom5 Level: Upper
  • Room Bedroom4 Level: Lower
  • 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: Horses Allowed, Sprinkler System, Garden, Decorative Lighting
  • Roof: Composition
  • Fencing: Wood
  • Lot Features: Cul-De-Sac, Horse Property
  • View: City Lake, Lake
  • View: Yes
  • Waterfront Features: Lake, City Lake
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Frame, Brick, Vinyl Siding
  • Foundation Details: Slab
  • Other Structures: Gazebo

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Open Parking: Yes
  • Parking Features: Garage Door Opener, Paved, Concrete, Attached, Garage
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, Upper Cumberland
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Gas Company: Propane
  • Laundry Features: Lower Level, Basement
  • Security: Smoke Detector(s), Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Available, Propane
  • Water Source: Public, Cookeville City

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 192970.8
  • Farm Land Area Units: Square Feet
  • Parcel #: 023.09,023.30
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 2308.62
  • Tax Book Number: RB578
  • Tax Map Number: 082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Jul 8, 2022
Sold by
Joint Revocable Trust
Bought by
Schoen Alexandra A Bowers and Schoen Jeremy Bowers
Seller's Agent
Noma Goodin
First Realty Company
Buyer's Agent
Noma Goodin
First Realty Company
Sold Price
$900,000
Current Estimated Value
$725,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$174,125
Avg. Annual Appreciation
-5.88%
Original Mortgage
$700,000
Outstanding Balance
$670,817
Interest Rate
5.1%
Mortgage Type
Balloon
Estimated Equity
$73,246

Purchase Details

Closed on
Dec 6, 1994
Bought by
Myers Gary and Myers Lydia
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
Schoen Alexandra A Bowers $900,000 Groth Gregory L
Myers Gary $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schoen Alexandra A Bowers $700,000
Previous Owner Gunnels Peyton L $30,000
Previous Owner Peyton Gunnels $30,000
Previous Owner Gunnels Peyton L $172,000
Previous Owner Gunnels Peyton L $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/08/2022 07/08/22 Sold $900,000 0.0% $203 / Sq Ft
01/01/1970 01/01/70 Off Market $900,000 -- --
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 $2,939 $110,500 $10,825 $99,675
2023 $3,792 $142,550 $10,825 $131,725
2022 $1,901 $76,900 $9,525 $67,375
2021 $1,901 $76,900 $9,525 $67,375
2020 $1,789 $76,900 $9,525 $67,375
2019 $1,789 $61,125 $24,075 $37,050
2018 $1,669 $61,125 $24,075 $37,050
2017 $1,669 $61,125 $24,075 $37,050
2016 $1,669 $61,125 $24,075 $37,050
2015 $1,715 $61,125 $24,075 $37,050
2014 $1,679 $59,846 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 209218

Upper Cumberland Association of REALTORS®

APN: 082-023.09