NOT LISTED FOR SALE

417 W Bockman Way Sparta, TN 38583

Estimated Value: $240,000

2 Beds
3 Baths
1,200 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $2,500,000 $2,083 Per Sq Ft

Current estimated payment $1,461/month

Highlights

  • No HOA
  • Ceiling Fan
  • Heating Available
  • Central Air

About This Home

As of March 2022

Investment opportunity offering 14 New Construction town home units conveniently located in downtown Sparta. The units are nicely appointed with stainless steel appliances, attractive fixtures, granite counter tops, varying exterior elevations, dedicated parking and several additional appealing features. The units range from 1,126sf to 1,554sf; all units provide two full baths and one half bath. There are ten 2 bedroom units and four 3 bedroom floor plans. The development is ideally situated in close proximity to restaurants, shopping, medical facilities and is just over 1/2 mile to TN 111 and a 15 to 20 minute drive to downtown Cookeville. The site provides approximately 118 feet along W Bockman Way and has a C-D zoning designation. Each unit is separate metered with tenants paying utilities. Contact the listing agent for financial projections

Last Agent to Sell the Property

Kathy Dunn

Highlands Elite Real Estate LLC Brokerage Phone: 9314008820 License #258060 Listed on: 09/30/2021

Highlands Elite Real Estate LLC

Co-Listed By

Wayne Russell

Highlands Elite Real Estate LLC Brokerage Phone: 9314008820 License #333678

Last Buyer's Agent

Kathy Dunn

Highlands Elite Real Estate LLC Brokerage Phone: 9314008820 License #258060 Listed on: 09/30/2021

Highlands Elite Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,769

Year Built

  • Built in 2020

Lot Details

  • 0.68

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • HardiePlank Type

Interior Spaces

  • 1,200 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 034.00

Community Details

Overview

  • No Home Owners Association
  • 14 Units

Pet Policy

  • Pets Allowed

Building Details

  • 4 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,769

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Attribution Contact: 9314008820
  • Directions: FROM WCCH: West on Bockman Way approximately 1/2 miles to subject property on left.
  • Prop. Type: Residential Income
  • Year Built: 2020
  • Property Sub Type: Other Multi-Family
  • Lot Size: 118' x 271' Irregular
  • Co List Office Mls Id: 351
  • Co List Office Phone: 931-400-8820
  • Special Features: None

Interior Features

  • Appliances: Dishwasher,Microwave,Electric Range,Electric Oven, Electric Water Heater
  • Interior Amenities: Ceiling Fan(s)
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 1200

Exterior Features

  • Roof: Composition
  • Construction Type: Frame, Brick, HardiPlank Type
  • Foundation Details: Slab

Utilities

  • Cooling: Central Air
  • Electric: Other-See Remarks, City of Sparta
  • Heating: Electric
  • Sewer: Public Sewer
  • Gas Company: Other-See Remarks, Middle Tennessee Gas
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public, City of Sparta

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Association: No

Lot Info

  • Zoning: C-D
  • Farm Land Area Units: Square Feet
  • Parcel #: 034.00

Multi Family

  • Number Of Units Total: 14
  • Number Of Units Furnished: None
  • Number Of Units Vacant: 4

Tax Info

  • Tax Annual Amount: 1769.11
  • Tax Book Number: 443
  • Tax Map Number: 049P

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Mar 28, 2022
Sold by
Midway Estates Llc
Bought by
Rosemont Townhomes Llc
Seller's Agent
Kathy Dunn
Highlands Elite Real Estate LLC
Buyer's Agent
Kathy Dunn
Highlands Elite Real Estate LLC
Sold Price
$2,500,000
Current Estimated Value
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,260,000
Original Mortgage
$1,793,865
Outstanding Balance
$1,699,044
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2019
Sold by
Patel Ken
Bought by
Midway Estates Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
3.65%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 16, 2019
Sold by
Patel Ken and Lal Dinesh
Bought by
Patel Ken

Purchase Details

Closed on
Nov 29, 1999
Bought by
Patel Kantilal and Patel Dinesh Lala

Purchase Details

Closed on
Dec 18, 1986

Purchase Details

Closed on
Apr 4, 1983
Bought by
Thompson Ernest and Thompson Zora

Purchase Details

Closed on
Jan 1, 1981

Purchase Details

Closed on
Jan 2, 1900
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
Rosemont Townhomes Llc $2,500,000 New Title Company Name
Midway Estates Llc -- None Available
Patel Ken -- None Available
Patel Kantilal $300,000 --
-- $20,000 --
Thompson Ernest -- --
-- $80,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosemont Townhomes Llc $1,793,865
Previous Owner Mdway Estates Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $2,500,000 0.0% $2,083 / Sq Ft
02/08/2022 02/08/22 Rented $1,400 +40.0% --
11/27/2021 11/27/21 Rented $1,000 -100.0% --
01/01/1970 01/01/70 Off Market -- -- --
01/01/1970 01/01/70 Off Market $2,500,000 -- --
01/01/1970 01/01/70 Off Market -- -- --
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 -- $59,600 $54,000 $5,600
2023 $1,769 $59,600 $54,000 $5,600
2022 $1,920 $64,680 $54,000 $10,680
2021 $1,769 $59,600 $54,000 $5,600
2020 $1,769 $59,600 $54,000 $5,600
2019 $3,285 $105,960 $40,000 $65,960
2018 $3,285 $105,960 $40,000 $65,960
2017 $3,285 $105,960 $40,000 $65,960
2016 $3,285 $105,960 $40,000 $65,960
2015 $3,073 $105,960 $40,000 $65,960
2014 -- $105,960 $40,000 $65,960
2013 -- $103,880 $40,000 $63,880
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dakota Langdon

    Highlands Elite Real Estate LLC

    (931) 349-6230

    1 in this area

    34 Total Sales

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  • Kathy Dunn

    Seller's Agent in 2022

    Kathy Dunn

    Highlands Elite Real Estate LLC

    (931) 265-4575

    12 in this area

    166 Total Sales

    Section Image
  • Wayne Russell

    Seller Co-Listing Agent in 2022

    Wayne Russell

    Highlands Elite Real Estate LLC

    (931) 260-3743

    10 in this area

    133 Total Sales

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 207036

Upper Cumberland Association of REALTORS®

APN: 059A-A-034.00

Tennessee White County Sparta 38583

417 W Bockman Way, Sparta, TN

This home is located at 417 W Bockman Way, Sparta, TN 38583 since 30 September 2021 and is currently priced at $240,000, approximately $200 per square foot. This property was built in 2020. 417 W Bockman Way is a home located in White County with nearby schools including Woodland Park Elementary School, White County Middle School, and White County High School.

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Upper Cumberland Association of REALTORS® Copyright 2025 Upper Cumberland Board of Realtors. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes from Upper Cumberland Board of Realtors.
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