700 Falls Rd Monterey, TN 38574
5
Beds
4.5
Baths
4,396
Sq Ft
8.8
Acres
Highlights
- Golf Course Community
- Landscaped Professionally
- Deck
- View of Trees or Woods
- Clubhouse
- Private Lot
About This Home
As of June 2024CUSTOM HOME WITH ACREAGE ON THE CUMBERLAND PLATEAU IS A MUST SEE! Gorgeous custom-built home on 8.8 acres of rolling and wooded land. Private setting with nice spring fed pond out back. Formal dining room to the left and office to the right as you enter the home. Hardwood floors throughout home, ceramic tile in custom bathrooms and laundry room. Walk-in closets and ceiling fans in every room. Trey Ceilings in master bedroom & dining room. Solid wood doors and baseboards throughout home. Stainless steel appliances and granite counter tops in custom kitchen with a newer refrigerator and stove top. Two master suites on main floor. Central vacuum cleaner throughout with all attachments. Gas brick floor to ceiling fireplace heats the entire great room & kitchen area. New State of the Art Lenox HVAC units installed two years ago. Home has a Swann 8-camera system as well and a full-house generator with a full seven year warranty.
The basement is set-up for an Airbnb or long-term rental. It has a separate driveway and entrance. It has 2 bedrooms, a full bath and kitchen with newer refrigerator and stove. Kitchen and bathroom are stocked with all you need for your guests or family. Washer & Dryer is in the 2nd bedroom. All new LVP flooring, fresh paint and blinds. Kitchen and bathroom are tiled. Has a built-in dehumidifier. All furniture, decorations, as well as the pots, pans, plates, glasses etc. will convey with home if buyer wants to keep it as a rental or Airbnb.
There is approximately 3 acres cleared around the property. Large rolling field is excellent for horses. A 12 x 16 shed with two lofts, insulation and electric will convey. Come make this beautiful home yours. Owner is a licensed real estate broker. (Buyers to verify all measurements and information to make an informed offer)
Last Agent to Sell the Property
Crye-Leike Brown Realty License #319224 Listed on: 04/04/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,811
Year Built
- Built in 2007
Lot Details
- 8.8 Acre Lot
- Landscaped Professionally
- Private Lot
- Corner Lot
- Level Lot
- Wooded Lot
HOA Fees
- $12 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
Property Views
- Woods
- Countryside Views
- Forest
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Frame Construction
- Vinyl Siding
Interior Spaces
- 4,396 Sq Ft Home
- Living Quarters
- Central Vacuum
- Wired For Data
- Tray Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Brick Fireplace
- Insulated Windows
- Great Room
- Family Room
- Formal Dining Room
- Bonus Room
- Storage Room
- Finished Basement
- Walk-Out Basement
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Self-Cleaning Oven
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
Laundry
- Laundry Room
- Dryer
- Washer
Accessible Home Design
- Standby Generator
Outdoor Features
- Deck
- Covered patio or porch
- Outdoor Storage
- Storage Shed
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Power Generator
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 046 001.19
- Tax Block 7
Community Details
Overview
- Association fees include security
- Cumberland Cove Subdivision
- Mandatory home owners association
Recreation
- Golf Course Community
Additional Features
- Clubhouse
- Security Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2024
Closed on
Jun 6, 2024
Sold by
Giattino Michael B and Giattino Karen L
Bought by
Spence Jeffery and Spence Misty
Seller's Agent
Karen Giattino
Crye-Leike Brown Realty
Buyer's Agent
Chena Morris
The Real Estate Collective
List Price
$879,900
Sold Price
$863,000
Premium/Discount to List
-$16,900
-1.92%
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.53%
Original Mortgage
$766,550
Interest Rate
6.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 12, 2006
Sold by
Pierce Armet
Bought by
Giattino Michael B
Purchase Details
Closed on
Feb 13, 2006
Sold by
Pierce Armet
Bought by
Giattino Richard B
Purchase Details
Closed on
Nov 12, 1997
Sold by
Gamble Donald J
Bought by
Pierce Armet
Purchase Details
Closed on
Oct 14, 1997
Similar Homes in Monterey, TN
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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
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: East Tennessee REALTORS® MLS
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Chena Morris
Seller's Agent in 2025
Chena Morris
THE REAL ESTATE COLLECTIVE
(931) 252-4587
214 Total Sales
-
Desire Vinson
D
Seller Co-Listing Agent in 2025
Desire Vinson
THE REAL ESTATE COLLECTIVE
27 Total Sales
-
Karen Giattino
Seller's Agent in 2024
Karen Giattino
Crye-Leike Brown Realty
(954) 258-2959
180 Total Sales
Map
Source: East Tennessee REALTORS® MLS
MLS Number: 1258112
APN: 046-001.19
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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