6 months on rocket

Sale Pending

550 Ridge Ln, Monterey, TN, 38574

$695,000

Home List Price

$8,253*

Closing Credit

4 Bedrooms
3 Full Baths, 2 Partial
3,720 SqFt
$187/SqFt
House
Schools Nearby

Location

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550 Ridge Ln, Monterey$695,000

Buyer Closing Credits

$8,253*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingNone
Year Built1999
HeatingCentral, Propane, Electric
CoolingCentral Air
BasementYes
FireplaceOther, Electric
MLS #1241741
Lot Size6.46 Acres
StatusSale Pending
(Pending - Continue to Show - Inspection)

About 550 Ridge Ln

In my 18 years of selling real estate, this home is without question the greatest combination of rustic and modern finishes I've ever seen. The craftsmanship and attention to detail is absolutely incredible. And wait to be totally WOWED by your kitchen. It is truly remarkable. From the moment you walk in the home you feel the warmth it exudes. And the quality and warmth continues in every room. The kitchen overlooks a breakfast area along with a large formal dining area. You have a pantry, craft room, office and one of the most impressive utility rooms you'll see off to one side. Through the living and dining areas you have your impressive Master Bedroom and bath with a massive walk-in closet. Upstairs you have another living area with fireplace and small kitchenette that could serve as a mother in law quarters. It has its own dedicated bedroom and ensuite bathroom. Your 3rd and 4th bedrooms and 3rd full bath finish out the space. And for the man, you have 1365 square feet of semi finished basement that serves as a phenomenal workshop and/or additional storage space. All of this nestled on 6.46 acres overlooking a ridge (Road is named for it) with stunning rock formations and wooded property that completely surrounds the home for total privacy. And it's all so fitting because if you've ever visited the Muddy Pond Community, it's like a walk back in time. (Do yourself a favor and google the community). Take a tour with me and see this incredible home with your own eyes. Here is a link to a Youtube walk through video I've done. https://youtu.be/3QWl4gT63DQ?si=-O00MnatlFyfdOnd Copy it into your browser and sit back and enjoy. Please provide us 24 hours notice to show the home.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Craftsman
  • Year Built: 1999
  • Living Area: 3,720 SqFt

Listing Office:

  • Office Name: Weichert, Realtors-The Webb Agency
  • Office Phone: (931) 707-8787

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Microwave
  • Basement: Yes
  • Flooring Type: Laminate
  • Interior: Pantry, Walk-In Closet(s), Breakfast Bar
  • Fireplace: Other, Electric

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Porch - Covered, Deck

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Wooded
  • Lot Size: 6.46 Acres

Utilities

Utilities Information:

  • Heating: Central, Propane, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hwy 62 to Muddy Pond Rd to Right on Ridge Ln to home on right. No sign on property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $695,000
  • Price Per SqFt: $187/SqFt

Tax Information:

  • Annual Amount: $1,061
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1241741

Listing Office:

  • Office Name: Weichert, Realtors-The Webb Agency
  • Office Phone: (931) 707-8787

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 7:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,061$53,825
2019$1,157$49,550
2018$1,158$51,450
2017$459$20,400

History based on county public records data.

Payment Calculator

$3,536

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,150

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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.

Nearby Schools

school-card-donut-2521982
4
/10

  • South Fentress Elementary School

  • 5018 Wilder Rd

  • 6.83 miles

  • Public District Grades PK-8

school-card-donut-2521983
3
/10

  • North Cumberland Elementary School

  • 7657 Highway 127 N

  • 9.79 miles

  • Public District Grades PK-8

school-card-donut-2521984
5
/10

  • Pleasant Hill Elementary School

  • 486 Main St

  • 15.50 miles

  • Public District Grades PK-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,565. Most Putnam County, TN residents have annual incomes less than $35k. Residents typically live in married, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 550 Ridge Ln

What is the listing price of this property?

The listing price of 550 Ridge Ln property is $695,000.

What type of property is this?

The property 550 Ridge Ln is a house located in Monterey, Tennessee, 38574.

Is this property for sale now?

Sale Pending: 550 Ridge Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,061 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 550 Ridge Ln has 4 bedrooms and 3 full and 2 half bathrooms.

What is the square footage of this property?

The property 550 Ridge Ln is 3,720 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 550 Ridge Ln is 1999.

Rocket Homes›Tennessee›Putnam County›Monterey›38574›550 Ridge Ln

This home is located at 550 Ridge Ln in Monterey, TN and zip code 38574. This 3,720 square foot home, which was built in 1999, sits on a 6.46 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since October 04, 2023 and is currently priced at $695,000.

While more than 7 listings in Putnam County, TN in March 2024 were sold above asking price, there were more than 11 listings sold at asking price, and more than 31 were sold below. The number of listings in Putnam County, TN increased by 14.1% between February 2024 and March 2024. In March 2024 median list price was $328,920 and the average listing age was 73 days.

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

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