$380,000 Price Analysis 1 Millstone Mountain RdRockwood, TN 37854 Unknown bed 0 bath unknown SqFt ($0/SqFt) 76.0 acre lot. Listed 2024-04-11 | Ⓧ USDA Ineligible due to property near Rockwood |
The splits are located on Millstone Mountain Road in east Cumberland County. The attached map shows the proposed splits nd 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 $5500/acre or $302500.00. Tract 2 is 60 acres at $5500/acre or $330, 000.00. Tract 3 is 88 acres at $5000.00/acre or $440, 000.00. Tract 4 is 81 acres priced at $5500.00/acre or $445, 500.00. Tract 5 is 76 acres $5000.00/acre or $380, 000.00. Tract#1 is contract pending.
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AFM Real Estate.
Property MLS #1258980 from EastTennessee
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.