NOT LISTED FOR SALE

585 Laurel Loop Monterey, TN 38574

Estimated Value: $524,502 - $649,000

3 Beds
2.5 Baths
3,208 Sq Ft
$182/Sq Ft Est. Value

Last Sold September 19, 2016

Last sale price $280,000 $87 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $3,178/month

Highlights

  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Satellite Dish
  • Landscaped with Trees
  • Ceiling Fan
  • Gas Log Fireplace

About This Home

As of September 2016

A Gorgeous Log Home in a Park-like Setting with $50K of Upgrades. In 1998 when the home was built it cost over 299,000.00 to build it. The home has new Granite Countertops, Island Bar, Stainless Appliances, and Walk-in Pantry in Kitchen. Hardwoods and Tiled Floors throughout! Great Room features Remote-controlled Gas Log Fireplace with a Soaring Wooden Cathedral Ceiling. This 3 Bdrm., 2 1/2 Bath Home also has a Custom Murphy Bed in Above Ground Finished Basement. A Large Loft Master features a WIC, Tiled Shower, Jetted Tub and Double Vanity. A Workshop, Oversized Garage and Storage Bldg. provides Extra Storage on 2.4 Acres. Low Taxes and HOA Fees with Lake Access. Buyer to verify all information.

Last Agent to Sell the Property

Sherry Anderson

RE/MAX Cross Roads Realty & Auction, LLC Brokerage Phone: 9315207777 Listed on: 05/12/2016

Last Buyer's Agent

Sherry Anderson

RE/MAX Cross Roads Realty & Auction, LLC Brokerage Phone: 9315207777 Listed on: 05/12/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $679

Year Built

  • Built in 1998

Lot Details

  • 2.4 Acre Lot
  • Landscaped with Trees

Home Design

  • Composition Roof
  • Log Siding

Interior Spaces

  • 3,208 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Fire and Smoke Detector
  • Laundry on lower level

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • Property has a Home Owners Association
  • Cumberland Cove Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number C011.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$679

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Attribution Contact: 9315207777
  • Directions: From Cookeville; Take Exit 301; Turn Left; Turn Right on Industrial St; Left on Crossville St; Right on E Commericial Dr/Hwy 62 travel 8.2 miles and turn Right on Cumberland Lakes; Proceed 1.7 miles and turn left on Laurel Loop; proceed 0.6 miles house will be on your left with signs in the yard.
  • Unit Levels: One and One Half
  • Prop. Type: Residential
  • Year Built: 1998
  • Property Sub Type: Site Built w/Acreage
  • Lot Size Acres: 2.4
  • Lot Size: 104,544sq ft
  • Road Surface Type: Paved
  • Subdivision Name: Cumberland Cove
  • Half Bathrooms: 1
  • Carport Y N: No
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Dishwasher, Microwave
  • Interior Amenities: Ceiling Fan(s)
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: One, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3208

Exterior Features

  • Exterior Features: Decorative Lighting
  • Roof: Composition
  • Lot Features: Trees
  • View: No Water Frontage View Description
  • Waterfront Features: No Water Frontage View Description
  • Home Warranty: Yes
  • Construction Type: Log, Log Siding

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Garage Door Opener, Attached,Garage
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, VEC
  • Heating: Propane, Central
  • Sewer: Septic Tank
  • Gas Company: Tank Rented, UPG
  • Laundry Features: Lower Level
  • Security: Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Natural Gas Connected
  • Water Source: Well, WELL

Condo/Co-op/Association

  • Association Fee: 120
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 104544
  • Farm Land Area Units: Square Feet
  • Parcel #: C011.00
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 679.12
  • Tax Book Number: 1396
  • Tax Map Number: 017O

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2016
Closed on
Sep 19, 2016
Sold by
Brown Averell S
Bought by
Brady Kevin R and Brady Laura M
Seller's Agent
Sherry Anderson
RE/MAX Cross Roads Realty & Auction, LLC
Buyer's Agent
Sherry Anderson
RE/MAX Cross Roads Realty & Auction, LLC
Sold Price
$280,000
Current Estimated Value
$584,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,376
Avg. Annual Appreciation
8.44%
Original Mortgage
$200,000
Outstanding Balance
$92,475
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$491,901

Purchase Details

Listed on
Mar 21, 2011
Closed on
Oct 31, 2012
Sold by
Warren Doris A
Bought by
Brown Averell S and Brown Loresa
Seller's Agent
Tom Parham
Exit Rocky Top Realty
Buyer's Agent
John Krismanits
Berkshire Hathaway HomeService
Sold Price
$234,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%
Original Mortgage
$203,000
Interest Rate
3.4%
Mortgage Type
VA

Purchase Details

Closed on
Apr 13, 1997
Bought by
Warren Michael E and Warren Doris A
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
Brady Kevin R $280,000 --
Brown Averell S $234,000 --
Warren Michael E $17,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brady Kevin R $200,000
Previous Owner Brown Averell S $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2016 09/19/16 Sold $280,000 +19.7% $87 / Sq Ft
10/31/2012 10/31/12 Sold $234,000 -16.4% $73 / Sq Ft View Prior Sale
01/01/1970 01/01/70 Off Market $280,000 -- --
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 $1,057 $93,150 $6,250 $86,900
2023 $1,057 $93,150 $0 $0
2022 $1,057 $93,150 $6,250 $86,900
2021 $999 $63,800 $7,500 $56,300
2020 $999 $63,800 $7,500 $56,300
2019 $999 $63,800 $7,500 $56,300
2018 $999 $63,800 $7,500 $56,300
2017 $1,001 $63,800 $7,500 $56,300
2016 $693 $45,350 $7,500 $37,850
2015 $679 $45,350 $7,500 $37,850
2014 $679 $45,343 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upper Cumberland Association of REALTORS®

MLS Number: 175345

Upper Cumberland Association of REALTORS®

APN: 017O-C-011.00