2 months on rocket

125 W Commercial Ave, Monterey, TN, 38574

$299,900

Home List Price

$3,561*

Closing Credit

1 Bedroom
1 Full Bath
4,200 SqFt
$71/SqFt
House

Location

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125 W Commercial Ave, Monterey$299,900

Buyer Closing Credits

$3,561*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOn-Street Parking, Off-Street Parking
Year Built1910
HeatingOther
BasementYes
FireplaceOther, None
ViewOther, City
MLS #1278087
Lot Size0.20 Acres
StatusActive

About 125 W Commercial Ave

Don't miss your chance to own a piece of Monterey's quaint mountain town history. The building is located on the corner of W Commercial and S Poplar St. The back has parking on West Depot St, close to the Monterey Depot. The front of the building is open, a clean slat, ready for a new business venture. The back has a one bedroom, one bath apartment, wood deck and a private separate entrance with parking and green space. The partial basement is accessible from the interior and exterior of the building. The subject has main level, basement, with outside entry and the Attic is the full length of the building with approx. 10ft. ceilings-future build-out and more square footage is possible.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic
  • Year Built: 1910
  • Living Area: 4,200 SqFt

Listing Office:

  • Office Name: The Realty Firm
  • Office Phone: (931) 520-7750

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Hardwood, Other
  • Interior: Eat-in Kitchen
  • Fireplace: Other, None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Other, City
  • Exterior: Fence - Wood, Deck

Parking Information:

  • Attached Garage: No
  • Parking: On-Street Parking, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Other

Other

Directions Information:

  • Directions: From PCCH, travel east on I-40 to Monterey exit, turn left, travel on S Holly St, left on Commercial Ave, the building is located at the end of West Commercial Ave., last building on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $299,900
  • Price Per SqFt: $71/SqFt

Tax Information:

  • Annual Amount: $749
  • Tax Year: 2020
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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

125 W Commercial Ave vs Monterey

82 DAYS ON ROCKET

+17 Days

$299,900

-$199.1K Less

$71/SqFt

-$152 Less

KEY TAKEAWAY

This property is $199.1K less than the Median Sold Price and $152/SqFt less 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: #1278087

Listing Office:

  • Office Name: The Realty Firm
  • Office Phone: (931) 520-7750

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, 10:21:07 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 26, 2016Home Sold
$35,000
Jul 31, 2013Home Sold
$48,000
Mar 23, 2010Home Sold
$59,500
May 12, 2008Home Sold
$54,000
Jan 06, 2006Home Sold
$52,000

Tax History

YEARPROP. TAXASSESSMENT
2020$749$18,560
2019$709$17,480
2018$709$17,480
2017$704$17,480

History based on county public records data.

Payment Calculator

$1,564

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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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-953232
5
/10

  • Burks Elementary School

  • 300 Crossville St

  • 0.86 miles

  • Public District Grades PK-6

school-card-donut-953233
6
/10

  • Algood Elementary School

  • 2525 Old Walton Rd

  • 10.44 miles

  • Public District Grades PK-4

school-card-donut-953234
5
/10

  • Northeast Elementary School

  • 575 N Old Kentucky Rd

  • 11.19 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 $41,238. Typical income of Monterey, TN residents is between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 125 W Commercial Ave

What is the listing price of this property?

The listing price of 125 W Commercial Ave property is $299,900.

What type of property is this?

The property 125 W Commercial Ave is a house located in Monterey, Tennessee, 38574.

Is this property for sale now?

Active Listing: 125 W Commercial Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $749 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 26, 2016 for $35,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 125 W Commercial Ave has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 125 W Commercial Ave is 4,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 125 W Commercial Ave is 1910.

Rocket Homes›Tennessee›Putnam County›Monterey›38574›125 W Commercial Ave

This home is located at 125 W Commercial Ave in Monterey, TN and zip code 38574. This 4,200 square foot home, which was built in 1910, sits on a 0.20 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 30, 2024 and is currently priced at $299,900.

While more than 0 listings in Monterey, TN in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below. Between October 2024 and November 2024, Monterey, TN real estate market has seen decrease in the number of listings by 2%. In November 2024, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $499,000.

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

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