NOT LISTED FOR SALE

467 Burgess Mills Rd Cookeville, TN 38506

Estimated Value: $470,000 - $601,000

0.56 Acre
$985,455 Price per Acre
24,394 Sq Ft Lot

Last Sold September 12, 2023

Last sale price $36,000

Est. 1,433% increase in value since last sale

Current estimated payment $3,015/month

Highlights

  • No HOA
  • Views
  • Level Lot

About This Lot

As of September 2023

YOUR DREAM HOME AWAITS YOU IN THIS NEWER DEVELOPMENT that's just .03 tenths mile from Cookeville City Limits, 2.3 miles from Hwy 111, 2.5 miles from Prescott K-8 School and 3 miles to I-40. Beautiful mountain views from all lots! Country quiet, but city close! Lots have been surveyed and perk tested. Homes must be 75% brick or stone with developer approving house plans. Centralized mailbox system, with no individual mail boxes.

Last Agent to Sell the Property

Vickie Loftis

American Way Real Estate Brokerage Phone: 9315269581 License #291404 Listed on: 10/13/2022

Last Buyer's Agent

Olivia Cobb

Real Estate Professionals of TN License #351949

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $198

Lot Details

  • 0.56 Acre Lot
  • Lot Dimensions are 99.74 x 244.43
  • Property fronts a county road
  • Level Lot
  • Property is zoned Resd

Schools

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

Utilities

  • Septic Needed

Additional Features

  • Property Views

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 36
  • Assessor Parcel Number 036.00

Property Details

Property Type

Land

Est. Annual Taxes

$198

Lot Details

0

Listing Details

  • Attribution Contact: 9315269581
  • Directions: S. on Jefferson Ave. Go past Driver Testing Station. Right onto Lovelady Rd. Keep left on Lovelady Rd. Left on Luke Lane. Left onto Burgess Mills Rd. Lot on left.
  • Prop. Type: Land
  • Property Sub Type: Single Family Lot
  • Lot Size Acres: 0.56
  • Lot Size: 99.74 x 244.43
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Subdivision Name: Other
  • Special Features: None

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Topography: Level,Rolling
  • View: No Water Frontage View Description, Mountain(s)
  • View: Yes
  • Waterfront Features: No Water Frontage View Description

Utilities

  • Electric: UCEMC
  • Sewer: Septic Needed, None
  • Gas Company: Natural Gas, Mid TN
  • Electricity On Property: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Utility, Cookeville Boatdock

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: 24379
  • Farm Land Area Units: Square Feet
  • Parcel #: 036.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 197.96
  • Tax Lot: 36
  • Tax Map Number: 096P

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2024
Sold by
Bk Homes Inc
Bought by
Sachan Terry L and Sachan Kathryn Jean
Current Estimated Value
$551,855

Purchase Details

Listed on
Oct 13, 2022
Closed on
Sep 11, 2023
Sold by
T & W Putnam Developments Llc
Bought by
Bk Homes Inc
Seller's Agent
Vickie Loftis
American Way Real Estate
Buyer's Agent
Olivia Cobb
Real Estate Professionals of TN
List Price
$36,000
Sold Price
$36,000
Views
229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
260.23%

Purchase Details

Closed on
May 25, 2017
Sold by
Jannie Worley Trustee
Bought by
T And W Putnam Developments Llc

Purchase Details

Closed on
Aug 27, 1971
Bought by
Luke Ralph
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
Sachan Terry L $624,900 None Listed On Document
Sachan Terry L $624,900 None Listed On Document
Bk Homes Inc $71,400 None Listed On Document
T And W Putnam Developments Llc -- --
Luke Ralph -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2023 09/12/23 Sold $36,000 0.0% --
04/14/2023 04/14/23 For Sale $36,000 0.0% --
10/14/2022 10/14/22 For Sale $36,000 0.0% --
10/13/2022 10/13/22 Pending -- -- --
01/01/1970 01/01/70 Off Market $36,000 -- --
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 $1,524 $57,275 $8,000 $49,275
2023 $213 $8,000 $8,000 $0
2022 $198 $8,000 $8,000 $0
2021 $198 $8,000 $8,000 $0
2020 $212 $8,000 $8,000 $0
2019 $212 $7,250 $7,250 $0
2018 $198 $7,250 $7,250 $0
2017 $198 $7,250 $7,250 $0
2016 $198 $7,250 $7,250 $0
2015 $203 $7,250 $7,250 $0
2014 $203 $7,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 215597

Upper Cumberland Association of REALTORS®

APN: 096P-B-036.00