$1,950,000

500 B Armstrong Ln Monterey, TN 38574

Estimated payment $10,643/month

Total Views 1,113
392.16 Acres
$4,972 Price per Acre
17,082,490 Sq Ft Lot

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. 

Listing Agent

Sean Maxwell

Whitetail Properties Real Estate Listed on: 09/14/2024

Whitetail Properties Real Estate
Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,203

Lot Details

  • Mountainous Lot
  • Current uses include hunting/fishing

Outdoor Features

  • Pond

Property Details

Property Type

Land

Est. Annual Taxes

$1,203

Lot Details

0

Listing Details

  • Office Phone: 931-239-2008
  • Listing Website: https://www.land.com/property/500-b-armstrong-lane-monterey-tennessee-38574/21494120/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Pond: True

Lot Info

  • Current Use: Hunting/Fishing
  • Lot Description: Tank/Pond, Mountain

Map

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

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
Source: Public Records

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 --
Source: Public Records