NOT LISTED FOR SALE

400 Tower Rd Monterey, TN 38574

Estimated Value: $557,000 - $593,000

4 Beds
3.5 Baths
3,408 Sq Ft
$169/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $394,000 $116 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,178/month

Highlights

  • Countryside Views
  • Traditional Architecture
  • 1 Fireplace
  • Wooded Lot
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of December 2020

The stone path leads you through perennial blooms that begin in January and continue all year long. This home boasts beautiful outdoor living space, from the firepit and swing area, to the large front porch that makes everyone want to sit down for a glass of sweet tea. The covered back deck is your own retreat with room to entertain a crowd of guests no matter the weather. This home was made to entertain! Beautiful hardwoods, crown molding, cathedral ceilings, and stunning rock fireplace for the gas logs meet when you walk in the home. Wake up in the master bedroom where sunlight comes in the large row of windows and watch for wildlife before you step out of bed. Downstairs is a full apartment with vinyl tile, a full kitchen with it's own gas range and refrigerator and large bedroom.

Last Agent to Sell the Property

Heather Conner

Skender-Newton Realty License #342587 Listed on: 09/09/2020

Skender-Newton Realty

Co-Listed By

Jenny Holmes

Skender-Newton Realty License #343153

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,064

Year Built

  • Built in 2008

Lot Details

  • 3.09 Acre Lot
  • Wooded Lot

HOA Fees

  • $20 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,408 Sq Ft Home
  • 1 Fireplace
  • ENERGY STAR Qualified Windows
  • Countryside Views
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Cumberland County High School

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • Cumberland Cove IV Subdivision

Listing and Financial Details

  • Assessor Parcel Number 129.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,064

Year Built

Built in 2008

Lot Details

0

HOA Fees

$20 per month

Parking

3

Listing Details

  • Directions: From PCCH: E on Spring, L on I-40E, exit at 301 and turn R onto US-70N E, R on Belmont, R on Green, L on Tower.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2008
  • Lot Size Acres: 3.09
  • Lot Size: See acreage.
  • Co List Office Mls Id: 2508
  • Co List Office Phone: 931-261-9001
  • Subdivision Name: Cumberland Cove IV
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Stove, Smoke Detector, Refrigerator, Microwave
  • Has Basement: Partially Finished
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Flooring: Laminate, Hardwood, Vinyl, Tile

Exterior Features

  • Exterior Features: Window - Energy Star, Porch - Covered
  • View: Country Setting
  • Lot Features: Wooded
  • Construction Type: Vinyl Siding, Brick

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Attached

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 240.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Schools

  • High School: Cumberland County

Lot Info

  • Lot Size Sq Ft: 134600.4
  • Parcel #: 129.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Dec 18, 2020
Sold by
Sevier Linda A and Sevier William J
Bought by
Phillips Michael J and Phillips Ginger M
Seller's Agent
Heather Conner
Skender-Newton Realty
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$394,000
Current Estimated Value
$576,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,653
Avg. Annual Appreciation
8.26%
Original Mortgage
$339,700
Outstanding Balance
$302,488
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$274,165

Purchase Details

Closed on
Feb 22, 2006
Sold by
Constructi Cumberland Cove
Bought by
Sevier William J

Purchase Details

Closed on
Feb 21, 2006
Sold by
Cove Cumberland
Bought by
Sevier William J

Purchase Details

Closed on
Oct 12, 2005
Bought by
Cumberland Cove Construction Llc

Purchase Details

Closed on
Aug 13, 1991
Bought by
Rees John L
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
Phillips Michael J $394,000 None Available
Sevier William J $15,000 --
Sevier William J $15,000 --
Cumberland Cove Construction Llc $15,000 --
Rees John L $14,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Michael J $339,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $394,000 -- $116 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $1,064 $93,750 $6,250 $87,500
2023 $1,064 $93,750 $0 $0
2022 $1,064 $93,750 $6,250 $87,500
2021 $1,046 $66,800 $6,250 $60,550
2020 $1,046 $66,800 $6,250 $60,550
2019 $1,046 $66,800 $6,250 $60,550
2018 $1,046 $66,800 $6,250 $60,550
2017 $1,046 $66,800 $6,250 $60,550
2016 $1,046 $68,500 $6,250 $62,250
2015 $1,026 $68,500 $6,250 $62,250
2014 $1,026 $68,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1129207

East Tennessee REALTORS® MLS

APN: 024-130.00