This lot is one of the few larger lots left in Cumberland Cove .. Here you have a 7.5 acres. Wooded lot that gives plenty of privacy with quiet tranquility . You can choose a shorter driveway or a longer one taking you to the back of the lot to build your retirement house away from it all... . Cumberland Cove is a development on the plateau situated between Cookeville and Crossville. With ownership you enjoy the use of our 4 private parks with hiking trails, caves ,bluffs ,mountain views. creeks, and waterfalls) It is a great place to get away from city life with a slower more peaceful life style. You are not far from Knoxville and Nashville. The low taxes in TN ,and the no state income taxes help you enjoy the fruit of your Labor. City Water, Natural Gas, High Speed fiber Optic Internet, Electric and phone are all available at the street. Come visit and let us show you this beautiful property.
Property Details
Property Features
Listing Office:
Office Name: Cumberland Cove Real Estate
Office Phone: (931) 839-7000
Exterior Features
Exterior Information:
View: Trees/Woods
Lot Features
Lot Information:
Lot: Private, Rolling/Hilly, Wooded
Lot Size: 7.50 Acres
Other
Directions Information:
Directions: I-40 Exit 311 -Left off ramp to Hwy 70 N. Right on 70N for 4 miles to Falls Rd. Turn Left - Go about 1/2 mile on left at sign.
Price Information
Listing Price Info
Price Summary:
List Price: $69,900
HOA Fees:
Amount: $138
Frequency: Annually
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 Monterey, TN.
This property is $429.1K 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: #1277250
Listing Office:
Office Name: Cumberland Cove Real Estate
Office Phone: (931) 839-7000
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$427
Per Month
Principal & Interest
$349
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)
$11
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
$276
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
5
/10
Burks Elementary School
300 Crossville St
Distance between this listing and this school6.63 miles
Public District Grades PK-6
6
/10
BonDeCroft Elementary School
8095 Crossville Hwy
Distance between this listing and this school8.32 miles
Public District Grades PK-5
6
/10
Findlay Elementary School
576 Hale St
Distance between this listing and this school14.05 miles
Public District Grades PK-5
Nearby Schools
5
/10
Pleasant Hill Elementary School
486 Main St
Distance between this listing and this school5.38 miles
Public District Grades PK-8
3
/10
North Cumberland Elementary School
7657 Highway 127 N
Distance between this listing and this school10.59 miles
Public District Grades PK-8
6
/10
Wilson Elementary School
2210 Hanging Limb Hwy
Distance between this listing and this school12.75 miles
Public District Grades PK-8
Nearby Schools
4
/10
Monterey High School
710 E Commercial Ave
Distance between this listing and this school6.95 miles
Public District Grades 7-12
3
/10
The Phoenix School
203 Taylor St
Distance between this listing and this school13.66 miles
Public District Grades 9-12
5
/10
Cumberland County High School
660 Stanley St
Distance between this listing and this school13.70 miles
The neighbors living near this home have an average income of $31,704. The most common annual income of people living in Monterey, TN is less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About Falls Rd
What is the listing price of this property?
The listing price of Falls Rd property is $69,900.
What type of property is this?
The property Falls Rd is land located in Monterey, Tennessee, 38574.
Is this property for sale now?
Active Listing: Falls Rd 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 October 13, 2020 for $37,000. (source: MLS/tax record).
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 Falls Rd in Monterey, TN and zip code 38574 in the Cumberland Cove neighborhood. This home sits on a 7.50 acre lot. It has been listed on Rocket Homes since September 21, 2024 and is currently priced at $69,900.
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. The number of homes for sale in Monterey, TN decreased by 2% between October 2024 and November 2024. 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.