4 months on rocket

1023 W Laurel Way, Monterey, TN, 38574

$430,000

Home List Price

$5,106*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,837 SqFt
$234/SqFt
House

Location

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1023 W Laurel Way, Monterey$430,000

Buyer Closing Credits

$5,106*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDesignated Parking, RV Parking, Main Level, Common, Other
Year Built2022
HeatingCentral, Electric
CoolingCentral Air
FireplaceNone
ViewTrees/Woods
MLS #1271618
Lot Size3.84 Acres
StatusActive

About 1023 W Laurel Way

Welcome to your dream home! This stunning Modern Farmhouse, built in 2022, offers the perfect blend of contemporary luxury and rustic charm. Nestled on 3.84 acres in the coveted Cumberland Cove community, this property provides the privacy and tranquility you've been searching for. Step inside and be greeted by an expansive living room, seamlessly connecting to the modern kitchen and dining area in an open floor plan that is perfect for both everyday living and entertaining. The kitchen is a chef's delight, featuring sleek stainless steel appliances, ample counter space, and an adjacent laundry area for convenience. The main level boasts the spacious primary bedroom with an en-suite bathroom, complete with a step-in shower, ensuring a private retreat for relaxation. As you make your way upstairs, you'll find two additional bedrooms and a full bathroom. The loft area provides a cozy sitting space, perfect for unwinding with a good book or setting up a home office. A conveniently located half bath by the front door, just off the stairs, adds to the functionality and thoughtful design of this home. The charm of this Modern Farmhouse extends to the inviting, covered front and back porches, where you can relax and take in the serene surroundings of your nearly four acres of land. Whether you envision gardening, outdoor activities, or simply enjoying nature, this property offers endless possibilities, with abundant wildlife enhancing the natural beauty of the area. Situated in the desirable Cumberland Cove, you'll have access to a community that combines natural beauty with modern amenities. Explore miles of hiking trails, breathtaking overlooks, and serene picnic spots, perfect for those who love outdoor adventures like fishing and golf. The community fosters a friendly, welcoming atmosphere with regular events, ensuring a close-knit neighborhood feel. Experience the best of Cumberland Cove living, where modern luxury meets rustic charm. Schedule a showing today and make this stunning property your own. Don't miss out on this incredible opportunity to live in one of Tennessee's most sought-after communities!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 2022
  • Living Area: 1,837 SqFt

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 693-1111

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range
  • Basement: No
  • Flooring Type: Laminate
  • Interior: Island in Kitchen, Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Windows - Vinyl, Porch - Covered

Parking Information:

  • Attached Garage: No
  • Parking: Designated Parking, RV Parking, Main Level, Common, Other

Lot Features

Lot Information:

  • Lot: Wooded, Level
  • Lot Size: 3.84 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Landers Trade at 250 E Stratton Ave, head onto US-70N E/E Stratton Ave toward S Elm St, turn Right onto Cumberland Cove Rd, turn Right onto W Laurel Way. House will be on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $430,000
  • Price Per SqFt: $234/SqFt

HOA Fees:

  • Amount: $138
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Monterey, TN.

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Monterey, TN

City

Med. Sold Price

$499K

Med. Price/SqFt

$222

Avg. Days On Market

65

# of Sold Homes

8

1023 W Laurel Way vs Monterey

142 DAYS ON ROCKET

+77 Days

$430,000

-$69K Less

$234/SqFt

+$11 More

KEY TAKEAWAY

This property is $69K less than the Median Sold Price and $11/SqFt more than other homes in Monterey, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1271618

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 693-1111

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 11:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$2,225

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,356

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-952918
5
/10

  • Burks Elementary School

  • 300 Crossville St

  • 5.30 miles

  • Public District Grades PK-6

school-card-donut-952919
6
/10

  • BonDeCroft Elementary School

  • 8095 Crossville Hwy

  • 8.89 miles

  • Public District Grades PK-5

school-card-donut-952920
6
/10

  • Algood Elementary School

  • 2525 Old Walton Rd

  • 13.01 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,529. Most Monterey, TN residents have annual incomes between $35k-100k. Most families are married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1023 W Laurel Way

What is the listing price of this property?

The listing price of 1023 W Laurel Way property is $430,000.

What type of property is this?

The property 1023 W Laurel Way is a house located in Monterey, Tennessee, 38574.

Is this property for sale now?

Active Listing: 1023 W Laurel Way is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1023 W Laurel Way has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1023 W Laurel Way is 1,837 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1023 W Laurel Way is 2022.

Rocket Homes›Tennessee›Putnam County›Monterey›38574›1023 W Laurel Way

This home is located at 1023 W Laurel Way in Monterey, TN and zip code 38574. This 1,837 square foot home, which was built in 2022, sits on a 3.84 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $430,000.

Over 0 listings were sold over their listed price in November 2024 in Monterey, TN. In the same period over 7 listings were sold below the listed price and 1 listings were sold for the listed price. In November 2024 in Monterey, TN there were 2% less homes for sale than in October 2024. In November 2024 median list price was $499,000 and the average listing age was 65 days.

From Rocket Homes Real Estate and based on county public records data.

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