3 months on rocket

1578 Shag Rag Rd, Cookeville, TN, 38506

$199,900

Home List Price

$2,374*

Closing Credit

3 Bedrooms
1 Full Bath
1,284 SqFt
$156/SqFt
House
Schools Nearby

Location

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1578 Shag Rag Rd, Cookeville$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached
Attached Garage2 spaces
Year Built1965
HeatingCentral
CoolingCentral Air, Electric
MLS #2612100
Lot Size0.68 Acres
StatusActive

About 1578 Shag Rag Rd

Don’t miss out on this opportunity to buy, sell, or invest in a location with great potential! This property is located within close proximity to both Cookeville and Algood and offers a wealth of possibilities for commercial development, residential renovation, or as a valuable long-term rental investment. Zoned for Commercial Industrial use, it’s perfect for a range of business ventures, or for reimagining into a residential space. Featuring a 3 bedroom, 1 bath home perfect for those looking to undertake a classic fixer upper project. Additionally, a 2-car detached garage provides extra space, potentially serving as storage or workshop. There is also long-term investment potential with a steady stream of income for investors. Offered “As Is”, transform into a dream home, business, or rental unit. Permitted for 2 bedroom septic, but there are 3 bedrooms. Cash or conventional only.

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Living Area: 1,284 SqFt

Listing Office:

  • Office Name: The Realty Firm
  • Listing Agent: Ashley Martin

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Vinyl

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot Size: 0.68 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • Cookeville High School, Public Magnet Grades 9-12
  • Algood Middle School, Public District Grades 5-8
  • Northeast Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From PCCH: N on Washington Ave: R on 10th St; L on Chocolate Dr; L on Shag Rag; Cross railroad tracks, House on R with sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900
  • Price Per SqFt: $156/SqFt

Tax Information:

  • Annual Amount: $585
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Cookeville, TN.

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Cookeville, TN

City

Med. Sold Price

$325K

Med. Price/SqFt

$189

Avg. Days On Market

72

# of Sold Homes

34

1578 Shag Rag Rd vs Cookeville

98 DAYS ON ROCKET

+26 Days

$199,900

-$125.1K Less

$156/SqFt

-$33 Less

KEY TAKEAWAY

This property is $125.1K less than the Median Sold Price and $33/SqFt less than other homes in Cookeville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2612100

Listing Office:

  • Office Name: The Realty Firm
  • Listing Agent: Ashley Martin

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 9:18:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 30, 2019Home Sold
$66,000
Dec 22, 2014Home Sold
$40,100

Tax History

YEARPROP. TAXASSESSMENT
2020$585$27,775
2019$532$14,925
2018$532$14,925
2017$532$14,925

History based on county public records data.

Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4112302
5
/10

  • Northeast Elementary School

  • 575 N Old Kentucky Rd

  • 1.18 miles

  • Public District Grades PK-4

Middle School

school-card-donut-4112303
5
/10

  • Algood Middle School

  • 540 Dry Valley Rd

  • 1.21 miles

  • Public District Grades 5-8

High School

school-card-donut-4112304
7
/10

  • Cookeville High School

  • 2335 N Washington Ave

  • 1.34 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,451. Residents of Cookeville, TN typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1578 Shag Rag Rd

What is the listing price of this property?

The listing price of 1578 Shag Rag Rd property is $199,900.

What type of property is this?

The property 1578 Shag Rag Rd is a house located in Cookeville, Tennessee, 38506.

Is this property for sale now?

Active Listing: 1578 Shag Rag Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1578 Shag Rag Rd are:
Northeast Elementary School: GreatSchools Rating 5/10
Algood Middle School: GreatSchools Rating 5/10
Cookeville High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $585 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 30, 2019 for $66,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1578 Shag Rag Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1578 Shag Rag Rd is 1,284 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1578 Shag Rag Rd is 1965.

Rocket Homes›Tennessee›Putnam County›Cookeville›38506›1578 Shag Rag Rd

This home is located at 1578 Shag Rag Rd in Cookeville, TN and zip code 38506. This 1,284 square foot home, which was built in 1965, sits on a 0.68 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since January 23, 2024 and is currently priced at $199,900.

In March 2024 more than 4 listings in Cookeville, TN were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 23 were sold below. Between February 2024 and March 2024, Cookeville, TN real estate market has seen increase in the number of listings by 13%. In March 2024, listings were on the market for 72 days. During the same period, the median list price in this real estate market was $325,000.

From Rocket Homes Real Estate and based on county public records data.

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