5 months on rocket

Laurel Loop, Monterey, TN, 38574

$31,000

1.10 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewTrees/Woods
MLS #1264281
Lot Size1.10 Acres
StatusActive

About Laurel Loop

If you want to live in the woods but not in the middle of nowhere, look no further! This 1 acre lot in beautiful Cumberland Lakes is surrounded by trees for privacy, but it's located in a deed restricted community to protect your property values. Cumberland Lakes features two boat ramps, three common parks, picnic areas, a community clubhouse, a running rockslide creek, and plenty of wildlife to observe while hiking or biking 25 miles of paved roads throughout the secluded wooded community tucked peacefully away from the outside world. Electric is just one lot away. I can connect you with several local contractors to help you design and build your dream home.

Property Details

Property Features

Listing Office:

  • Office Name: Weichert, Realtors-The Webb Agency
  • Office Phone: (931) 707-8787

Exterior Features

Exterior Information:

  • View: Trees/Woods

Lot Features

Lot Information:

  • Lot: Private, Rolling/Hilly, Wooded
  • Lot Size: 1.10 Acres

Other

Directions Information:

  • Directions: Hwy 127N to left on TN-62W (Clarkrange Highway), left onto Cumberland Lakes Drive, right onto Laurel Loop, property is on right

Price Information

Listing Price Info

Price Summary:

  • List Price: $31,000

HOA Fees:

  • Amount: $175
  • Frequency: Annually
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Housing Market Comparison

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

Med. Sold Price

$471.4K

Med. Price/SqFt

$217

Avg. Days On Market

37

# of Sold Homes

8

Laurel Loop vs Monterey

179 DAYS ON ROCKET

+142 Days

$31,000

-$440.4K Less

KEY TAKEAWAY

This property is $440.4K 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: #1264281

Listing Office:

  • Office Name: Weichert, Realtors-The Webb Agency
  • Office Phone: (931) 707-8787

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: 11/24/2024, 10:20:56 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

Sep 08, 2021Home Sold
$30,000
Apr 09, 2021Home Sold
$32,000
Aug 02, 2019Home Sold
$39,000
Aug 02, 2019Home Sold
$39,000
Feb 28, 2018Home Sold
$14,000
Dec 09, 2016Home Sold
$35,158
Oct 28, 2016Home Sold
$21,000
Feb 14, 2014Home Sold
$15,197
Mar 22, 2013Home Sold
$12,505
Aug 13, 2010Home Sold
$18,670

History based on county public records data.

Payment Calculator

$236

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$159

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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-1132577
5
/10
  • Burks Elementary School

  • 300 Crossville St

  • 7.49 miles

  • Public District Grades PK-6

school-card-donut-1132578
6
/10
  • BonDeCroft Elementary School

  • 8095 Crossville Hwy

  • 15.67 miles

  • Public District Grades PK-5

school-card-donut-1132579
6
/10
  • Algood Elementary School

  • 2525 Old Walton Rd

  • 18.53 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. Typical family type is married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About Laurel Loop

What is the listing price of this property?

The listing price of Laurel Loop property is $31,000.

What type of property is this?

The property Laurel Loop is land located in Monterey, Tennessee, 38574.

Is this property for sale now?

Active Listing: Laurel Loop 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 September 8, 2021 for $30,000. (source: MLS/tax record).

How much acreage is this property?

The property Laurel Loop is 1.10 acres.
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Rocket HomesTennesseePutnam CountyMonterey38574Laurel Loop

This home is located at Laurel Loop in Monterey, TN and zip code 38574 in the Cumberland Lake neighborhood. This home sits on a 1.10 acre lot. It has been listed on Rocket Homes since May 28, 2024 and is currently priced at $31,000.

Monterey, TN housing market in October 2024 saw over 1 listings sold above listed price, more than 1 sold at listed price and over 6 sold below. Between September 2024 and October 2024, Monterey, TN real estate market has seen increase in the number of listings by 3.9%. In October 2024 median list price was $471,450 and the average listing age was 37 days.

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

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