500 B Armstrong Ln Monterey, TN 38574
Estimated payment $10,643/month
About This Lot
This farm is very private and has natural beauty in every direction you look! It has everything from the dead-end road privacy to the stunning bluff views and almost 1 mile of frontage on the East Fork of the Obey River! The farm currently has approx. 40 acres of pasture could easily be expanded to more, and 2 ponds for cattle and wildlife. The property has 2 homes, one of which is a small 1 B/R cabin perfect for hunting or a weekend getaway, and the larger home is a nice, rustic barndominium style 1500 square foot home. Attached is a carport and multiple storage areas with a nearby barn and corral for livestock. On the ridgetops and pasture areas, this is a fairly typical middle Tennessee farm, but when you start over the hills to the river, it changes dramatically! The river areas feel much more like a State Park, with the giant hemlocks and mountain laurel leading you down to the beautiful East Fork of the Obey River, which eventually empties into and starts at the head of Dale Hollow Lake. This stretch of river has beautiful swimming holes to play in or skip rocks with giant boulders in and around the river! The local Muddy Pond Amish/Mennonite community is a great resource for groceries as well as most construction jobs you would ever need. Monterey is a short drive for daily needs, and Cookeville is about 30 minutes with a regional Hospital, local University, and much more shopping. Nashville and Knoxville are approx.1.5 hours away.

Property Details
Property Type
- Land
Est. Annual Taxes
- $1,203
Lot Details
- Mountainous Lot
- Current uses include hunting/fishing
Outdoor Features
- Pond
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,203 | $89,100 | $37,500 | $51,600 |
2023 | $1,203 | $89,100 | $37,500 | $51,600 |
2022 | $1,230 | $64,375 | $28,825 | $35,550 |
2021 | $1,230 | $64,375 | $28,825 | $35,550 |
2020 | $1,230 | $64,375 | $28,825 | $35,550 |
2019 | $1,230 | $64,375 | $28,825 | $35,550 |
2018 | $1,230 | $64,375 | $28,825 | $35,550 |
2017 | $424 | $21,350 | $21,350 | $0 |
2016 | $424 | $21,350 | $21,350 | $0 |
2015 | $424 | $21,355 | $0 | $0 |
2014 | -- | $21,355 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/14/2024 09/14/24 | For Sale | $1,950,000 | -- | -- |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $450,000 | -- |
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