000 Halfway Rd, Monterey, TN 38574#
Monterey, TN 38574 | Putnam County
Key Metrics#
| Metric | Value |
|---|
| Investment Score | 77/100 |
| Asking Price | $12,000 |
| Acreage | 1.0 acres |
| Price/Acre | $11,764/ac |
| County Median $/Ac | $31,176/ac |
| vs County Median | 37.7% |
| Days on Market | 257 |
| Flood Zone | Unknown |
| HOA | Unknown |
| Broker | Highlands Elite Real Estate LLC - Crvl |
| Listing Type | FSBA |
Motivation Signals#
- 257 days on market
- Absentee owner
| Field | Value |
|---|
| Owner | KENT B STEWART |
| Owner 2 | ANNALYNNE STEWART |
| Mailing Address | 299 POND RD, MONTEREY, TN 38574-7178 |
| Assessed Value | $10,000 |
| Market Value | $40,000 |
| Annual Tax | $114 (2025) |
| Last Sale | $27,900 (2021-06-10) |
| Parcel # | 026B A 00700 |
| Zoning | Residential |
| Legal | DISTRICT: 02, UNIT 201, COUNTY AREA: K02 |
Asking/Assessed Ratio: 1.20 (fair)
Offer Strategy#
| Level | Offer Price | % of Asking |
|---|
| Aggressive | $6,000 | 50% |
| Standard | $7,200 | 60% |
| Conservative | $8,400 | 70% |
Owner-Finance Projections#
Based on buying at $7,200 (standard offer), selling at 10% interest over 7 years
| Metric | Value |
|---|
| Sale Price (2.5x) | $18,000 |
| Down Payment (15%) | $2,700 |
| Financed Amount | $15,300 |
| Monthly Payment | $254 |
| Total Cash Received | $24,036 |
| Total Invested | $7,600 |
| Gross Profit | $16,436 |
| ROI | 216% |
Due Diligence Links#