NOT LISTED FOR SALE

507 Burks Ln Cookeville, TN 38506

Estimated Value: $201,369 - $219,000

2 Beds
1 Bath
978 Sq Ft
$215/Sq Ft Est. Value

Last Sold July 25, 2023

Last sale price $192,500 $197 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,166/month

Highlights

  • No HOA
  • Handicap Accessible
  • 1-Story Property
  • Algood Elementary School Rated A-
  • Landscaped with Trees
  • Garden

About This Home

As of July 2023

Mountain Top Living just 8 miles from downtown Cookeville! With the covered front porch and a large concrete patio out back, you will have a front row view to the sun rise and set from the comfort of your home. Inside, you will find 2 large bedrooms, one featuring an additional walk-in closet, a large centralized bathroom, complete with tile floors and a newer vanity as well as a living room with a flood of natural light. Off of the living room, you will find an eat-in kitchen with plenty of cabinet space in addition to a large pantry. This home has been meticulously cared for and has never been on the market! A new roof in 2019! Featuring a lot just shy of 1 acre, you will be able to enjoy a flat yard with plenty of privacy for the whole family. With attention to detail, trees and shrubbery have been planted over the years to create a peaceful oasis around this home. This house has made great use of all the square footage available and is sure to fit your family's needs!

Last Agent to Sell the Property

Dakota Langdon

Highlands Elite Real Estate LLC Brokerage Phone: 9314008820 License #339656 Listed on: 06/09/2023

Co-Listed By

Kristen Langdon

Highlands Elite Real Estate LLC Brokerage Phone: 9314008820 License #350836

Last Buyer's Agent

Other Other Non Realtor

Other Non Member Office License #999999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $597

Year Built

  • Built in 2000

Lot Details

  • 0.93 Acre Lot
  • Lot Dimensions are 168 x 241
  • Landscaped with Trees
  • Garden

Home Design

  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 978 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Laundry in Kitchen
  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$597

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Attribution Contact: 9314008820
  • Directions: From PCCH: East on Broad Street. Continue from Broad onto Buck Mountain. Follow Buck Mountain and turn right on Falling Water Road. Turn right on Burks Lane. House on right with sign.
  • Unit Levels: One
  • Prop. Type: Residential
  • Year Built: 2000
  • Property Sub Type: Site Built
  • Lot Size Acres: 0.929
  • Lot Size: 168 x 241
  • Road Surface Type: Paved
  • Co List Office Mls Id: 351
  • Co List Office Phone: 931-400-8820
  • Subdivision Name: Other
  • Carport Y N: No
  • Garage Yn: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Electric Oven, Refrigerator, Electric Range, Microwave, Washer, Dryer
  • Has Basement: Crawl Space
  • Flooring: Vinyl, Tile, Carpet
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Accessibility Features: Handicap Access
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Living Area: 978
  • Window Features: Double Pane Windows, Blinds

Exterior Features

  • Roof: Composition
  • Lot Features: Trees, Garden
  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Porch, Covered, Patio

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, UCEMC
  • Heating: Electric, Central
  • Sewer: Septic Tank
  • Gas Company: NA
  • Laundry Features: Main Level, In Kitchen
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Not Available
  • Water Source: Public, City of Algood

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 40488
  • Farm Land Area Units: Square Feet
  • Parcel #: 010.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 596.99
  • Tax Map Number: 042M

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2023
Closed on
Jul 25, 2023
Sold by
Kulovic Enisa
Bought by
Gardner Lawrence Scott and Owenby Amy Elizabeth Tr
Seller's Agent
Dakota Langdon
Highlands Elite Real Estate LLC
Buyer's Agent
Other Other Non Realtor
Other Non Member Office
List Price
$185,000
Sold Price
$192,500
Premium/Discount to List
$7,500
4.05%
Current Estimated Value
$210,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,092
Avg. Annual Appreciation
3.91%
Original Mortgage
$154,000
Outstanding Balance
$150,258
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$60,334

Purchase Details

Closed on
Dec 8, 2000
Sold by
Putnam Co Habitat Humanity
Bought by
Enisa Kulovic

Purchase Details

Closed on
Nov 13, 1998
Bought by
Habitat For Humanity
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Gardner Lawrence Scott $192,500 None Listed On Document
Gardner Lawrence Scott $192,500 None Listed On Document
Enisa Kulovic -- --
Habitat For Humanity $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner Lawrence Scott $154,000
Closed Gardner Lawrence Scott $154,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/25/2023 07/25/23 Sold $192,500 +4.1% $197 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/09/2023 06/09/23 For Sale $185,000 -3.9% $189 / Sq Ft
01/01/1970 01/01/70 Off Market $192,500 -- --
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 $645 $24,250 $3,450 $20,800
2023 $673 $25,425 $3,450 $21,975
2022 $597 $24,150 $3,450 $20,700
2021 $597 $24,150 $3,450 $20,700
2020 $563 $24,150 $3,450 $20,700
2019 $563 $19,225 $3,450 $15,775
2018 $525 $19,225 $3,450 $15,775
2017 $525 $19,225 $3,450 $15,775
2016 $525 $19,225 $3,450 $15,775
2015 $539 $19,225 $3,450 $15,775
2014 $502 $17,883 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 219372

Upper Cumberland Association of REALTORS®

APN: 042M-A-010.00