LOT 13 Halfway Rd, Monterey, TN 38574#

Monterey, TN 38574 | Putnam County

Key Metrics#

MetricValue
Investment Score78/100
Asking Price$19,900
Acreage1.0 acres
Price/Acre$19,900/ac
County Median $/Ac$31,176/ac
vs County Median63.8%
Days on Market489
Flood ZoneUnknown
HOAUnknown
BrokerTennessee Southern Properties LLC
Listing TypeFSBA

Motivation Signals#

  • 489 days on market
  • Price dropped $2,000
  • Reduction: $2,000 (Mar 20)
  • Absentee owner

Owner Information (ATTOM)#

FieldValue
OwnerKENT B STEWART
Owner 2ANNALYNNE STEWART
Mailing Address299 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
ZoningResidential
LegalDISTRICT: 02, UNIT 201, COUNTY AREA: K02

Asking/Assessed Ratio: 1.99 (above assessed)

Offer Strategy#

LevelOffer Price% of Asking
Aggressive$9,95050%
Standard$11,94060%
Conservative$13,93070%

Owner-Finance Projections#

Based on buying at $11,940 (standard offer), selling at 10% interest over 7 years

MetricValue
Sale Price (2.5x)$29,850
Down Payment (15%)$4,477
Financed Amount$25,373
Monthly Payment$421
Total Cash Received$39,859
Total Invested$12,340
Gross Profit$27,519
ROI223%