3 months on rocket

Cumberland Lakes Dr, Monterey, TN, 38574

$17,000

0.94 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
WaterfrontCreek
MLS #1275976
Lot Size0.94 Acres
StatusActive

About Cumberland Lakes Dr

Beautiful corner lot in the Cumberland Lakes Community. This spacious .94-acre is a great spot for your dream home. Survey and Soil Map on record. This property offers ample space to build while enjoying the peace and serenity of the area. Nature lovers will appreciate the small stream at the back of the property, providing a peaceful setting for walks and relaxation. The community features two private lakes, ideal for fishing, boating, and enjoying the great outdoors. This property offers a convenient location as well with a short drive to both Crossville or Cookeville. Check out this property today! Buyer to verify all information before making an offer.

Property Details

Property Features

Listing Office:

  • Office Name: Tennessee Mountains Realty Gro
  • Office Phone: (931) 202-2359

Exterior Features

Exterior Information:

  • Waterfront: Creek

Lot Features

Lot Information:

  • Lot: Creek, Wooded, Corner Lot
  • Lot Size: 0.94 Acres

Other

Directions Information:

  • Directions: From I-40 West take Exit 311 (Plateau Rd) Left on Plateau Rd, drive approx. 1.4 miles and then LEFT onto 70N. 1.8 then RIGHT onto Mayland Loop 0.2 & RIGHT on Jim Garrett Rd 3.6 miles & RIGHT onto Cumberland Lakes Dr 2.1 miles and LEFT onto Brooks Pl. Corner of Brooks Pl & Cumberland Lakes Dr.

Price Information

Listing Price Info

Price Summary:

  • List Price: $17,000
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Housing Market Comparison

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

Med. Sold Price

$499K

Med. Price/SqFt

$222

Avg. Days On Market

65

# of Sold Homes

8

Cumberland Lakes Dr vs Monterey

103 DAYS ON ROCKET

+38 Days

$17,000

-$482K Less

KEY TAKEAWAY

This property is $482K less than the Median Sold Price in Monterey, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1275976

Listing Office:

  • Office Name: Tennessee Mountains Realty Gro
  • Office Phone: (931) 202-2359

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, 8:21:06 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

Jun 22, 2021Home Sold
$37,000
Feb 25, 2021Home Sold
$25,000
Aug 11, 2020Home Sold
$14,000
Jun 03, 2019Home Sold
$330,000
Jun 03, 2019Home Sold
$330,000
Jun 03, 2019Home Sold
$330,000
May 23, 2018Home Sold
$25,000
Feb 28, 2017Home Sold
$20,500
Nov 30, 2015Home Sold
$999,000
Sep 25, 2015Home Sold
$14,000

History based on county public records data.

Payment Calculator

$152

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$117

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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.

Nearby Schools

school-card-donut-928756
5
/10
  • Burks Elementary School

  • 300 Crossville St

  • 6.36 miles

  • Public District Grades PK-6

school-card-donut-928757
6
/10
  • BonDeCroft Elementary School

  • 8095 Crossville Hwy

  • 13.77 miles

  • Public District Grades PK-5

school-card-donut-928758
6
/10
  • Algood Elementary School

  • 2525 Old Walton Rd

  • 17.23 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,470. The majority of Monterey, TN residents have income between $35k-100k annually. The majority of families are married, 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 Cumberland Lakes Dr

What is the listing price of this property?

The listing price of Cumberland Lakes Dr property is $17,000.

What type of property is this?

The property Cumberland Lakes Dr is land located in Monterey, Tennessee, 38574.

Is this property for sale now?

Active Listing: Cumberland Lakes Dr is For Sale (Active/New) which means the seller is accepting offers.

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

The last sale was on June 22, 2021 for $37,000. (source: MLS/tax record).

How much acreage is this property?

The property Cumberland Lakes Dr is 0.94 acres.
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Rocket HomesTennesseePutnam CountyMonterey38574Cumberland Lakes Dr

This home is located at Cumberland Lakes Dr in Monterey, TN and zip code 38574. This home sits on a 0.94 acre lot. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $17,000.

In November 2024, from all listings sold in Monterey, TN there were more than 0 sold above asking price, over 7 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Monterey, TN between October 2024 and November 2024 decreased by 2%. Listings spent 65 days on the market in November 2024, and had a median list price of $499,000 during the same period.

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

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