New Development minutes from Cookeville City Limits, Hwy 111 and I40. Beautiful building lots ready for your new home! Quite country setting surrounds you. Choose now for the perfect lot to build your dream home! Utilities are not installed but are available at the road. Additional Restrictions: All dwellings must have 75% brick or stone. Developer will have final approval on all plans. Garage Entrances will face side or rear of the home unless a special variance is given by the developer. See Survey for setback lines, septic shading and other items.
Property Details
Property Features
Listing Office:
Office Name: United Country Real Estate Tennessee Home & Land
Office Phone: (931) 653-7653
Listing Agent: Samuel (Sam) Stout
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Attached Garage: No
Lot Features
Lot Information:
Lot: Level, Rolling/Hilly
Lot Size: 0.59 Acres
School Info
Assigned Schools Information:
Prescott South Middle School, Public District Grades 5-8
Prescott South Elementary School, Public District Grades PK-4
Other
Directions Information:
Directions: From PCCH: Take South Jefferson Avenue approximately 5 miles toward Sparta. Right onto Lovelady Road travel 3/4 of a mile, stay left onto Lovelady South, travel 1/2 mile turn left on Luke Lane.
Price Information
Listing Price Info
Price Summary:
List Price: $36,500
Tax Information:
Annual Amount: $190
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Cookeville, TN.
This property is $314.5K less than the Median Sold Price in Cookeville, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: REALTRAC
MLS Number: #2746446
Listing Office:
Office Name: United Country Real Estate Tennessee Home & Land
Office Phone: (931) 653-7653
Listing Agent: Samuel (Sam) Stout
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.
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: 10/31/2024, 7:18:47 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
YEAR
PROP. TAX
ASSESSMENT
2020
$190
$8,000
2019
$177
$6,500
2018
$177
$6,500
2017
$177
$6,500
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$250
Per Month
Principal & Interest
$183
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$176
Powered By
Advertisement
NMLS#3030
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
8
/10
Prescott South Elementary School
115 W Cemetery Rd
Distance between this listing and this school2.02 miles
Public District Grades PK-4
Middle School
4
/10
Prescott South Middle School
1859 S Jefferson Ave
Distance between this listing and this school2.00 miles
Public District Grades 5-8
Assigned Schools
8
/10
Prescott South Elementary School
115 W Cemetery Rd
Distance between this listing and this school2.02 miles
Public District Grades PK-4
Nearby Schools
7
/10
Northfield Elementary School
570 S Bunker Hill Rd
Distance between this listing and this school3.71 miles
Public District Grades KG-5
5
/10
Park View Elementary School
545 Scott Ave
Distance between this listing and this school4.73 miles
Public District Grades PK-4
Assigned Schools
4
/10
Prescott South Middle School
1859 S Jefferson Ave
Distance between this listing and this school2.00 miles
Public District Grades 5-8
Nearby Schools
4
/10
Avery Trace Middle School
230 Cavalier Dr
Distance between this listing and this school5.75 miles
Public District Grades 5-8
5
/10
Algood Middle School
540 Dry Valley Rd
Distance between this listing and this school7.47 miles
Public District Grades 5-8
Nearby Schools
4
/10
Vital: Upper Cumberland E-Learning Network
1400 E Spring St
Distance between this listing and this school5.50 miles
Public District Grades KG-12
6
/10
Cookeville High School
2335 N Washington Ave
Distance between this listing and this school7.62 miles
Public Magnet Grades 9-12
6
/10
Upperman High School
6950 Nashville Hwy
Distance between this listing and this school8.36 miles
The neighbors living near this home have an average income of $48,500. The most common annual income of people living in Cookeville, TN is between $35k-100k. 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
Living In Cookeville, TN
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Cookeville, TN.
Cookeville offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles vary, with a mix of contemporary, ranch, and colonial homes. The housing market is dynamic, with a healthy balance of ownership and rental opportunities, reflecting the needs of a diverse population.
What is it like to live in Cookeville, TN?
Cookeville is celebrated for its welcoming community spirit and scenic beauty. The city prides itself on a blend of cultural and outdoor activities, including local festivals that showcase the region's music, arts, and culinary delights. The community's character is further enriched by its proximity to natural attractions, providing residents with a serene and engaging living environment.
Is it easy to get around Cookeville, TN without a car?
The community is served by a robust educational system, including a number of public and private schools that cater to various educational needs. Healthcare services are comprehensive, with facilities offering a range of care options from primary to specialized treatments. The public library system supports lifelong learning, and the retail and dining landscape reflects the local culture, with a mix of familiar and unique establishments.
Transportation in Cookeville, TN.
Transportation in Cookeville includes a variety of options for residents. The city's layout facilitates easy access to major roads and highways, supporting efficient travel and commuting. Public transit services are available, providing connectivity across key areas. The community also values walkability, with several neighborhoods designed to be pedestrian-friendly. Ride-sharing services are present, complementing the existing transportation infrastructure.
Frequently Asked Questions About 5300 Luke Ln
What is the listing price of this property?
The listing price of 5300 Luke Ln property is $36,500.
What type of property is this?
The property 5300 Luke Ln is land located in Cookeville, Tennessee, 38506.
Is this property for sale now?
Active Listing: 5300 Luke Ln is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 5300 Luke Ln are: Prescott South Elementary School: GreatSchools Rating 8/10Prescott South Middle School: GreatSchools Rating 4/10
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $190 (source: MLS/based on county public records data).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 5300 Luke Ln in Cookeville, TN and zip code 38506. This home sits on a 0.59 acre lot. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $36,500.
In September 2024, from all listings sold in Cookeville, TN there were more than 5 sold above asking price, over 28 sold below and more than 17 were sold right at the asked price. Between August 2024 and September 2024, Cookeville, TN real estate market has seen increase in the number of listings by 9.1%. While the average time on the market in September 2024 was 50 days, the median list price was $351,000.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved. 
Hunting
Hunting
NASCAR
Pro Wrestling
Academy Sports & Outdoors
Wal-Mart
Bass Pro Shops
Jimmy Johns
Hardee's
Applebees
Chevrolet
Ram
GMC
New Country
Classic Country