$302,500 Price Analysis    ♡   Rockwood, TN 37854 Unknown bed 0 bath unknown SqFt ($0/SqFt) 55.0 acre lot. Listed 2024-04-11 | Ⓧ USDA Ineligible due to property near Glen Alice |
This listing is a parcel totalling 360 acres split into 5 parcels ranging from 55 to 90 acres in size.
The splits are located on Millstone Mountain R oad in east Cumberland County. The attached map shows the proposed splts and the access road that all five splits will share a 50 foot easement for ingress and utilities. The seller has not installed electric utilities along the road and all buyers will be required to share the expense for installation. Tracts 1 and 5 have road frontage and will not necessarily have to share in the installation costs.
Tracts 2, 3 and 4 will definitely need to have electric along the access road. We have checked with Volunteer Electric and found the estimated total cost cost to be $42, 000.00 to a point at the end of the easement. Further electric will be at each buyers expense. A Draft of the easement maintenance by the buyers can be found in the documents section on the website. Tract 1 is 55 acres Priced at $4500/acre or $247, 500.00. Tract 2 is 60 acrees at $4500/acre or $270, 000.00. Tract 3 is 88 acres at $4000.00/acre or $352, 000.00. Tract 4 is 81 acres priced at $4500.00/acre or $364, 500.00. Tract 5is $4000.00/acre or $304, 000.00.
Presented by Jake Almond - Cell Phone at
AFM Real Estate.
Property MLS #1258980 from EastTennessee
Lot Size Acres: 55.0
Lot Size Dimensions: irregular
Lot Size Source: Estimated
Lot Size Square Feet: 2395800
Calculated Total Monthly Association Fees: 0
Source Listing Status: Active
County: Cumberland County - 34
Directions: From the Westal exit go south on TN 299 0.5 miles, turn right on Pig Path Road 1.6 miles, turn right on Millstone Mountain Road 2.2 miles and tract is on the left. Lat/Long 35.913072 - -84.785494.
Disclaimer: No
Source Property Type: Lots & Acreage
Area: Cumberland County - 34
MLS Area Minor: Cumberland County - 34
Source Neighborhood: Cumberland County - 34
Parcel Number: 119 001.00
Zoning: Zoned Agricultural
Zoning Description: Zoned Agricultural
Source System Name: C2C
$302,500
Cookeville
Price Changed 2024-05-24
$302,500
EastTennessee
Listed 2024-04-11
$247,500
EastTennessee
Listed 2024-04-09
$247,500
Cookeville
Map directions Map directions
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.