NOT LISTED FOR SALE

503 Bishop Ln Cookeville, TN 38506

Six Neighborhood

Estimated Value: $377,000 - $465,000

3 Beds
2 Baths
1,686 Sq Ft
$252/Sq Ft Est. Value

Last Sold March 05, 2024

Last sale price $450,000 $267 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,328/month

Highlights

  • No HOA
  • Capshaw Elementary School Rated A-
  • 1-Story Property

About This Home

As of March 2024

This home is located at 503 Bishop Ln, Cookeville, TN 38506 since 14 February 2024 and is currently estimated at $424,434, approximately $251 per square foot. This property was built in 2023. 503 Bishop Ln is a home located in Putnam County with nearby schools including Capshaw Elementary School, Cookeville High School, and Avery Trace Middle School.

Last Agent to Sell the Property

Chad Crouch

Highlands Elite Real Estate LLC Brokerage Phone: 9314008820 License #00271797 Listed on: 02/14/2024

Highlands Elite Real Estate LLC

Last Buyer's Agent

Chad Crouch

Highlands Elite Real Estate LLC Brokerage Phone: 9314008820 License #00271797 Listed on: 02/14/2024

Highlands Elite Real Estate LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,971

Year Built

  • Built in 2023

Lot Details

  • 9,749 Sq Ft Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 1,686 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • No Home Owners Association
  • The Cottages Subdivision

Listing and Financial Details

  • Assessor Parcel Number 026.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,971

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Attribution Contact: 9314008820
  • Directions: From PCCH: East on Spring St, Lt on Whitson Chapel Rd, Lt on McCulley Rd, Lt on Cottage Way, Rt on Bishop Ln, home on the Lt
  • Unit Levels: One
  • Prop. Type: Residential
  • Year Built: 2023
  • Property Sub Type: Site Built
  • Lot Size: 88.63 x 110 IRR
  • Subdivision Name: The Cottages
  • Carport Y N: No
  • Special Features: NewHome

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Living Area: 1686

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2

Utilities

  • Electric: City of Cookeville
  • Gas Company: City of Cookeville
  • Water Source: City of Cookeville

Condo/Co-op/Association

  • Association: No

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 026.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 2970.51
  • Tax Book Number: RB1439
  • Tax Map Number: 052O

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Mar 5, 2024
Sold by
Gilbert Allison Jane
Bought by
Sebastian Gilberto
Seller's Agent
Chad Crouch
Highlands Elite Real Estate LLC
Buyer's Agent
Chad Crouch
Highlands Elite Real Estate LLC
List Price
$450,000
Sold Price
$450,000
Views
17
Current Estimated Value
$424,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,566
Avg. Annual Appreciation
2.00%
Original Mortgage
$325,000
Outstanding Balance
$321,194
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$142,277
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
Sebastian Gilberto $450,000 Pointer Title
Gilbert Allison Jane -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sebastian Gilberto $325,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2024 03/05/24 Sold $450,000 0.0% $267 / Sq Ft
02/14/2024 02/14/24 Pending -- -- --
02/14/2024 02/14/24 For Sale $450,000 -- $267 / Sq Ft
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 $222 $61,875 $6,750 $55,125
2023 $222 $82,975 $6,750 $76,225
2022 $222 $6,750 $6,750 $0
2021 $222 $6,750 $6,750 $0
2020 $0 $6,750 $6,750 $0
Source: Public Records

Agents Affiliated with this Home

  • Chad Crouch

    Seller's Agent in 2024

    Chad Crouch

    Highlands Elite Real Estate LLC

    (931) 854-5063

    81 in this area

    432 Total Sales

    Chad Crouch
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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 225965

Upper Cumberland Association of REALTORS®

APN: 071052O E 02600

Tennessee Putnam County Cookeville 38506 Six

503 Bishop Ln, Cookeville, TN

This home is located at 503 Bishop Ln, Cookeville, TN 38506 since 14 February 2024 and is currently estimated at $424,434, approximately $251 per square foot. This property was built in 2023. 503 Bishop Ln is a home located in Putnam County with nearby schools including Capshaw Elementary School, Cookeville High School, and Avery Trace Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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