$869,000
$20K PRICE DROP

700 Falls Rd Monterey, TN 38574

Estimated payment $4,971/month

Total Views 28,704
4 Beds
4.5 Baths
4,396 Sq Ft
$198 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • Corner Lot
  • Home Security System
  • Home fronts a pond
  • 2 Car Attached Garage
  • Landscaped with Trees

About This Home

Sellers are relocating—your opportunity is here! This custom-built gem sits on 8.8 wooded acres with a peaceful spring-fed pond and is loaded with upgrades. Inside you'll find hardwood floors, solid wood doors, granite countertops, stainless appliances, and a stunning floor-to-ceiling gas fireplace. Two main-level primary suites, a formal dining room, and a home office add to the appeal. Upstairs: 4 bedrooms, including a second ensuite with a brand-new full bath. The basement has its own driveway, entrance, kitchen, full bath, bedroom, and bonus room—ready for Airbnb or rental. Extras include central vac, generator, Swann security, and a newer HVAC. About 3 acres are cleared—ideal for horses—and the 12x16 shed is wired, insulated, and lofted. Privacy, style, space, and income potential—this one truly has it all!

Listing Agent

Chena Morris

The Real Estate Collective Brokerage Phone: 9315599500 License #349778 Listed on: 04/07/2025

Co-Listing Agent

Desire Vinson

The Real Estate Collective Brokerage Phone: 9315599500 License #371813

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,811

Year Built

  • Built in 2007

Lot Details

  • 8.8 Acre Lot
  • Home fronts a pond
  • Corner Lot
  • Landscaped with Trees

HOA Fees

  • $12 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 4,396 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • Cumberland Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 046 001.19

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,811

Year Built

Built in 2007

Lot Details

0

HOA Fees

$12 per month

Listing Details

  • Attribution Contact: 9315599500
  • Directions: From Monterey City Hall Head northwest on E Commercial Ave toward S Elm St, Turn left onto S Chestnut St, Turn right onto Falls Rd
  • Prop. Type: Residential
  • Year Built: 2007
  • Property Sub Type: Site Built
  • Horses: Yes
  • Lot Size Acres: 8.8
  • Lot Size: See Acreage
  • Co List Office Mls Id: 406
  • Co List Office Phone: 931-559-9500
  • Subdivision Name: Cumberland Cove
  • Half Bathrooms: 1
  • Carport Y N: No
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Refrigerator, Gas Range, Electric Range, Microwave, Washer, Dryer, Other
  • Flooring: Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: One, Gas Log
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 4396
  • Window Features: Storm Window(s)

Exterior Features

  • Exterior Features: Horses Allowed
  • Roof: Composition
  • Lot Features: Corner Lot, Trees
  • Waterfront Features: Pond
  • Construction Type: Frame, Brick, Vinyl Siding
  • Patio And Porch Features: Porch, Covered, Deck

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, VEC
  • Heating: Central
  • Sewer: Septic Tank
  • Gas Company: Natural Gas, MTNG
  • Laundry Features: Main Level
  • Security: Smoke Detector(s), Security System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Public, Plateau

Condo/Co-op/Association

  • Association Fee: 138
  • Association Fee Frequency: Annual
  • Association: Yes

Lot Info

  • Farm Land Area Units: Square Feet
  • Parcel #: 046 001.19
  • Irrigation Water Rights: No

Tax Info

  • Tax Annual Amount: 1811.18
  • Tax Book Number: 1700
  • Tax Map Number: 046

Map

Range of Values:

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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 $1,811 $159,575 $10,000 $149,575
2023 $1,811 $159,575 $0 $0
2022 $1,811 $159,575 $10,000 $149,575
2021 $1,778 $113,600 $10,000 $103,600
2020 $1,778 $113,600 $10,000 $103,600
2019 $1,778 $113,600 $10,000 $103,600
2018 $1,778 $113,600 $10,000 $103,600
2017 $1,748 $113,600 $10,000 $103,600
2016 $1,726 $113,000 $10,000 $103,000
2015 $1,692 $113,000 $10,000 $103,000
2014 $1,692 $113,002 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Price Changed $869,000 -2.2% $198 / Sq Ft
04/07/2025 04/07/25 For Sale $889,000 +3.0% $202 / Sq Ft
06/07/2024 06/07/24 Sold $863,000 -1.9% $196 / Sq Ft
04/11/2024 04/11/24 Pending -- -- --
04/04/2024 04/04/24 For Sale $879,900 -- $200 / Sq Ft
Source: Upper Cumberland Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $863,000 None Listed On Document
Deed -- --
Deed $55,000 --
Deed $35,495 --
Warranty Deed $35,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $766,550 New Conventional
Previous Owner $322,000 New Conventional
Previous Owner $63,540 No Value Available
Previous Owner $350,000 No Value Available
Source: Public Records

About the Listing Agent

Chena Morris

The Real Estate Collective

(931) 293-9138

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Source: Upper Cumberland Association of REALTORS®

MLS Number: 235652

Upper Cumberland Association of REALTORS®

APN: 046-001.19