000 Divide Trl, Monterey, TN 38574#
Monterey, TN 38574 | Putnam County
Key Metrics#
| Metric | Value |
|---|
| Investment Score | 82/100 |
| Asking Price | $13,900 |
| Acreage | 1.0 acres |
| Price/Acre | $13,495/ac |
| County Median $/Ac | $31,176/ac |
| vs County Median | 43.3% |
| Days on Market | 408 |
| Flood Zone | Unknown |
| HOA | Unknown |
| Broker | Third Tennessee Realty & Associates LLC |
| Listing Type | FSBA |
Motivation Signals#
- 408 days on market
- Price dropped $2,100
- Absentee owner
| Field | Value |
|---|
| Owner | PAUL TAMULAVAGE |
| Owner 2 | DAVID TAMULAVAGE |
| Mailing Address | 1207 REDLEAF RD, WILMINGTON, DE 19803-4215 |
| Assessed Value | $6,500 |
| Market Value | $26,000 |
| Annual Tax | $74 (2024) |
| Last Sale | $24,900 (2007-05-08) |
| Parcel # | 026H D 00400 |
| Zoning | Residential |
| Legal | DISTRICT: 02, UNIT 201, COUNTY AREA: K99 |
Asking/Assessed Ratio: 2.14 (above assessed)
Offer Strategy#
| Level | Offer Price | % of Asking |
|---|
| Aggressive | $6,950 | 50% |
| Standard | $8,340 | 60% |
| Conservative | $9,730 | 70% |
Owner-Finance Projections#
Based on buying at $8,340 (standard offer), selling at 10% interest over 7 years
| Metric | Value |
|---|
| Sale Price (2.5x) | $20,850 |
| Down Payment (15%) | $3,127 |
| Financed Amount | $17,723 |
| Monthly Payment | $294 |
| Total Cash Received | $27,841 |
| Total Invested | $8,740 |
| Gross Profit | $19,101 |
| ROI | 219% |
Due Diligence Links#