Escape to nature on this stunning 6.17-acre property. Nestled in a serene country setting, this parcel offers the perfect blend of privacy and tranquility, creating an ideal canvas for your dream retreat. Choose your building site to capture the best views, abundant wildlife for nature enthusiasts, endless possibilities for outdoor activities. Ideal for a private residence, vacation home, or recreational retreat.15 minutes to Gainesboro or a short drive to Cookeville for local amenities and services, 15 minutes to I-40, providing quick access to the airport or the amenities of Nashville and beyond. Don't miss the opportunity to own this rare piece of paradise. If you're looking for a private escape, this property has it all. Schedule a viewing today and envision the lifestyle that awaits you!
Property Details
Property Features
Listing Office:
Office Name: United Country Real Estate Tennessee Home & Land
Office Phone: (931) 653-7653
Listing Agent: Samuel (Sam) Stout
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Rolling/Hilly
Lot Size: 6.17 Acres
Other
Directions Information:
Directions: From PCCH take Spring St to A left onto Willow and then left onto TN-290 W/Gainesboro Grade, Continue to follow TN-290 Turn right onto TN-56 N Turn left onto New Salem Rd Destination will be on the left with sign.
Price Information
Listing Price Info
Price Summary:
List Price: $128,500
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Gainesboro, TN.
This property is $86.5K less than the Median Sold Price in Gainesboro, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: REALTRAC
MLS Number: #2757914
Listing Office:
Office Name: United Country Real Estate Tennessee Home & Land
Office Phone: (931) 653-7653
Listing Agent: Samuel (Sam) Stout
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.
REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/15/2024, 2:18:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$709
Per Month
Principal & Interest
$642
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$452
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Gainesboro Elementary School
611 S Main St
Distance between this listing and this school3.42 miles
Public District Grades PK-3
6
/10
Cornerstone Elementary School
371 First Ave S
Distance between this listing and this school12.53 miles
Public District Grades 2-4
4
/10
Carthage Elementary School
149 Skyline Dr
Distance between this listing and this school13.72 miles
Public District Grades PK-4
Nearby Schools
4
/10
Jackson County Middle School
170 Blue Devil Ln
Distance between this listing and this school5.33 miles
Public District Grades 4-8
7
/10
Dodson Branch Elementary School
16221 Dodson Branch Hwy
Distance between this listing and this school10.07 miles
Public District Grades PK-8
6
/10
Defeated Elementary School
451 Defeated Creek Hwy
Distance between this listing and this school10.90 miles
Public District Grades PK-8
Nearby Schools
4
/10
Jackson County High School
190 Blue Devil Ln
Distance between this listing and this school5.22 miles
Public District Grades 9-12
6
/10
Upperman High School
6950 Nashville Hwy
Distance between this listing and this school11.28 miles
Public District Grades 9-12
5
/10
Smith County High School
312 Fite Ave E
Distance between this listing and this school14.08 miles
The neighbors living near this home have an average income of $24,831. The majority of Gainesboro, TN residents have income less than $35k annually. The majority of 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 166 New Salem Rd
What is the listing price of this property?
The listing price of 166 New Salem Rd property is $128,500.
What type of property is this?
The property 166 New Salem Rd is land located in Gainesboro, Tennessee, 38562.
Is this property for sale now?
Active Listing: 166 New Salem Rd is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 166 New Salem Rd in Gainesboro, TN and zip code 38562. This home sits on a 6.17 acre lot. It has been listed on Rocket Homes since November 09, 2024 and is currently priced at $128,500.
Gainesboro, TN housing market in October 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 4 sold below. In October 2024 in Gainesboro, TN there were 2.4% more homes for sale than in September 2024. In October 2024, listings were on the market for 73 days. During the same period, the median list price in this real estate market was $215,000.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
Monster Trucks
Monster Trucks
NASCAR
Hunting
Wal-Mart
Dollar General
Academy Sports & Outdoors
Hardee's
Jimmy Johns
Applebees
Chevrolet
GMC
Ram
Country
New Country