NOT LISTED FOR SALE

524 E Cove Rd Unit 4 Monterey, TN 38574

Estimated Value: $416,000 - $471,000

3 Beds
2 Baths
1,715 Sq Ft
$257/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $225,000 $131 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,418/month

74 Days on Market

Highlights

  • Clubhouse
  • Wooded Lot
  • 2 Car Attached Garage
  • Deck
  • Traditional Architecture
  • Cooling Available

About This Home

As of January 2020

This ''BRAND NEW CONSTRUCTION'' is a 3BR/2BA Split Home Design w/ Additional Office. You'll be astounded by the space in this 1715 square foot Craftsman Style Home that sits on 1.2 Acres in the beautiful subdivision of Cumberland Cove.This quality build features Custom White Cabinets, Granite and Marble Counter tops, Stainless Steel Appliances will be delivered soon. High quality Laminate Floors throughout with Tiled Baths and Utility Room. Energy Star Windows and R19 Cellulos Insulation keep your energy costs way down. The home also boasts a Gas Heating System with a 95% Efficiency rating.You will enjoy this quiet, peaceful country setting yet you're only 15-20 minutes away from Cookeville or Crossville where you'll find all amenities and 2 hospitals. 3 Private Parks for ''Cove'' residen

Last Agent to Sell the Property

Warren Schreier

Cumberland Cove Real Estate Inc License #320098 Listed on: 09/11/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $868

Year Built

  • Built in 2019

Lot Details

  • 1.2 Acre Lot
  • Wooded Lot

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,715 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Laminate Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 26
  • Assessor Parcel Number 024 03800 000

Community Details

Overview

  • Cumberland Cove Subdivision

Amenities

  • Clubhouse

Home Details

Home Type

Single Family

Est. Annual Taxes

$868

Year Built

Built in 2019

Lot Details

0

HOA Fees

$9 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2019
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: NEW
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Fireplace: No
  • Flooring: Laminate
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1715
  • Building Area Units: Square Feet
  • Living Area: 1715
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame, Stone, Vinyl Siding
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 110
  • Association Fee Frequency: Annually
  • Amenities: Clubhouse
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Wooded
  • Lot Size Acres: 1.2
  • Lot Size Units: Acres
  • Parcel #: 024 03800 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 98
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2022
Sold by
Martin Kenneth C and Martin Kathleen
Bought by
Schliter Robert E and Schliter Angela G
Current Estimated Value
$440,300

Purchase Details

Listed on
Sep 11, 2019
Closed on
Jan 17, 2020
Sold by
Burke Leone and Burke Cathy
Bought by
Martin Kenneth and Martin Kathleen
Seller's Agent
Warren Schreier
Cumberland Cove Real Estate Inc
List Price
$229,900
Sold Price
$225,000
Premium/Discount to List
-$4,900
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.38%
Original Mortgage
$220,924
Interest Rate
3.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 2018
Sold by
Mitchell Brenda Joy and Mitchell Thomas D
Bought by
Burke Leon and Burke Cathy

Purchase Details

Closed on
Aug 10, 1998
Sold by
Cushing Thomas F
Bought by
Mitchell Thomas D

Purchase Details

Closed on
Jul 28, 1998
Source: Public Records

Range of Values:

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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
Schliter Robert E $349,000 Volunteer Title & Escrow
Martin Kenneth $225,000 None Available
Burke Leon $4,000 None Available
Mitchell Thomas D $15,395 --
-- $15,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Kenneth $220,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2020 01/17/20 Sold $225,000 -2.1% $131 / Sq Ft
11/24/2019 11/24/19 Pending -- -- --
09/11/2019 09/11/19 For Sale $229,900 -- $134 / Sq Ft
Source: Realtracs

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 $868 $76,475 $6,250 $70,225
2023 $0 $76,475 $0 $0
2022 $868 $76,475 $6,250 $70,225
2021 $864 $55,175 $6,250 $48,925
2020 $864 $55,175 $6,250 $48,925
2019 $415 $55,175 $6,250 $48,925
2018 $98 $6,250 $6,250 $0
2017 $98 $6,250 $6,250 $0
2016 $95 $6,250 $6,250 $0
2015 $94 $6,250 $6,250 $0
2014 -- $6,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2927056

Realtracs

APN: 024-038.00