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466 East Cove Road

466 East Cove Road, Monterey, TN 38574
House in Cumberland
Sold May 31, 2019
$132,500
$160,000 by Colonial Savings Fa
Mortgage Due Apr 01, 2052
Sold Jun 29, 2015
$115,500
$93,218 by Bank Of Putnam County
Mortgage
Local assessors in Monterey, TN have categorized 466 East Cove Road as a residential type of property. The home was built in 2008 and is 16 years old. The property's lot size has been calculated to be 121,968 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 466 East Cove Road has a total of 1,278 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 720 sqft. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on a packaged air conditioning unit for their cooling system. The home's a heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 466 East Cove Road was last sold in May 30, 2019 for $132,500. According to our calculations, that's $103.68 per sqft. Prior to that sales transaction, the property was sold for $115,500 in Jun 23, 2015. Current property owners are expected to pay $389 in taxes per year. The property on 466 East Cove Road was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $34,250. To break that down further, the land itself was valued at $7,500. While improvements to the property were assessed at a total of $26,750. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 720
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 121,968
  • Total Building Area: 1,278
  • Gross Building Area: 1,578
  • Building Area: 1,278
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Packed air conditioning unit
  • Heating: Yes
  • Heated Square Feet: 1,278
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CUMB COVE IV
  • Land Acres: 2.8
  • Standard Land Use Code: Single family residential
  • State Land Use Code: Pipeline or right-of-way
  • Legal Description 1: CUMB COVE IV PB 8 PG 257 BLK 29 LOT 54

Ownership

  • Current Owner : GUNDERSON STEVEN M
  • Current Owner 2: GUNDERSON LAURIE A
  • Previous Owner : MONACO JOSEPH
  • Previous Owner 2: MONACO PEGGY M
  • Owner Before Previous Owner: SCHREIER WARREN P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Cumberland County School District
  • Census Tract: 970302

Geography

  • Assessors Map Reference: 007
  • District: 02
  • Parcel: 007-040.00
  • Block: 29
  • Lot: 54
  • Municipality: CUMBERLAND COUNTY
  • Latitude: 36.0867
  • Longitude: -85.242

    Address

  • Full Address: 466 E Cove Rd
  • Address - House Number: 466
  • Street Direction: E
  • Address - Street Name: Cove
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Monterey
  • Carrier Code: R007
  • 4-Digit Zip Code: 7050
  • Zip Code: 38574

Valuation

    Tax

  • Total Area: 1,278
  • Tax Year: 2023
  • Tax Amount: $389
  • Tax Rate Code Area: 18A00

    Appraisal Valuation

  • Standard Deviation: 0.2381
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 66
  • Final Value: 229,798
  • High Value: 284,517
  • Low Value: 175,079

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $160,000
  • First Open Lien Mortgage Lender: COLONIAL SAVINGS FA
  • First Open Lien Mortgage Recording Date: Apr 05, 2022
  • First Open Lien Mortgage Loan Amount: $160,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $137,000
  • Market Land Value: $30,000
  • Market Improvement Value: $107,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $34,250
  • Assessed Land Value: $7,500
  • Assessed Improvements Value: $26,750

    Sales

  • Current Sale Contract Date: May 30, 2019
  • Current Sale Recording Date: May 31, 2019
  • Current Sale Transaction ID: 11610830160
  • Current Sale Price: $132,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19006336
  • Previous Sale Recording Date: Jun 29, 2015
  • Previous Sale Contract Date: Jun 23, 2015
  • Previous Sale Amount: $115,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OF TENNESS
  • First Mortgage Transaction Date: May 31, 2019
  • First Mortgage Loan Amount: $106,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF PUTNAM COUNTY
  • Previous Mortgage Transaction Date: Jun 29, 2015
  • Previous Mortgage Loan Amount: $93,218
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Cumberland



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Frequently Asked Questions

What neighborhood is 466 East Cove Road located in?
The 466 East Cove Road is a house located in the neighborhood of Cumberland in Cumberland, Monterey.
What is the average sales price for listings in 466 East Cove Road?
The average sales price for units in 466 East Cove Road is $0 currently.

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