110 Higdon Lane, Monterey, TN 38574

$276,650
Property Type: Multi-Family Status: Closed
Current Price: $276,650 List Date: 2/27/2025 Last Modified: 4/14/2025

Description

ONLINE ONLY REAL ESTATE AUCTION | BIDDING BEGINS TO CLOSE: Friday, March 14th at 12:00PM - Noon (CT)/1:00PM (ET) | OPEN HOUSE: Wednesday, March 12th from 11AM-1PM (CT)/12-2PM (ET) | Unique Investment Opportunity - Single Family Home & Duplex in Monterey! Two separate structures offering multiple opportunities situated on 1.31 +/- acres. Prime Location, just 1/2 mile from I-40 Exit 300 in Putnam County. BRICK HOME | All-brick construction home, ready for completion (buyers to verify requirements for certificate of occupancy). The Main Level features a welcoming entry foyer with coat closet, stunning vaulted ceiling in open concept living room and kitchen, convenient half bath, and dedicated pantry and laundry room. Upper Level features a luxurious master suite including an en-suite bathroom with walk-in shower and jetted tub, dual walk-in closets, linen storage, sliding French doors to future deck. Two spacious guest bedrooms with generous closets, guest bathroom with dual vanities, linen closet, and tub/shower combo finish out the upstairs. Basement features an oversized two-car garage with extended bay lengths (36′ and 40′) and 8′ tall garage doors. DUPLEX | Both units are 2-story. Main levels feature a half bathroom, open living room and kitchen with laundry area. Upstairs includes 2 bedrooms and a full bathroom. This property presents an exceptional opportunity to own both a custom single-family home and a duplex. Perfect for investors or owner-occupants looking to offset their mortgage with rental income. Don't miss this chance to own two properties in one convenient location! Buyer to verify all information prior to bidding and determine what is needed to complete the home with any governing authorities. Kenny Phillips, Auctioneer | TN Lic #2385 - Phillip Hopper, Auctioneer | TN Lic #6709

More Information MLS# 1291291

Location, Tax & Legal Info

Area: Putnam County - 53 City/County Code: City Limits Total Tax: 2207.25

Contract Info

Auction Y/N: Yes Current Price: $276,650 Status: Closed Listing Date: 2025-02-27

General Property Description

Lot Dimensions: 1.31+/- acres Utilities/Mo Avg: 0 Property Status: N/A Driveway: Yes Number of Units: 3 Year Built: 2001

Remarks & Misc

Directions: From I-40, take exit 300. Take S Holly Street to an immediate left on S Poplar Street. Turn left on Higdon Lane to the property on the left. Public Remarks: ONLINE ONLY REAL ESTATE AUCTION | BIDDING BEGINS TO CLOSE: Friday, March 14th at 12:00PM - Noon (CT)/1:00PM (ET) | OPEN HOUSE: Wednesday, March 12th from 11AM-1PM (CT)/12-2PM (ET) | Unique Investment Opportunity - Single Family Home & Duplex in Monterey! Two separate structures offering multiple opportunities situated on 1.31 +/- acres. Prime Location, just 1/2 mile from I-40 Exit 300 in Putnam County. BRICK HOME | All-brick construction home, ready for completion (buyers to verify requirements for certificate of occupancy). The Main Level features a welcoming entry foyer with coat closet, stunning vaulted ceiling in open concept living room and kitchen, convenient half bath, and dedicated pantry and laundry room. Upper Level features a luxurious master suite including an en-suite bathroom with walk-in shower and jetted tub, dual walk-in closets, linen storage, sliding French doors to future deck. Two spacious guest bedrooms with generous closets, guest bathroom with dual vanities, linen closet, and tub/shower combo finish out the upstairs. Basement features an oversized two-car garage with extended bay lengths (36′ and 40′) and 8′ tall garage doors. DUPLEX | Both units are 2-story. Main levels feature a half bathroom, open living room and kitchen with laundry area. Upstairs includes 2 bedrooms and a full bathroom. This property presents an exceptional opportunity to own both a custom single-family home and a duplex. Perfect for investors or owner-occupants looking to offset their mortgage with rental income. Don't miss this chance to own two properties in one convenient location! Buyer to verify all information prior to bidding and determine what is needed to complete the home with any governing authorities. Kenny Phillips, Auctioneer | TN Lic #2385 - Phillip Hopper, Auctioneer | TN Lic #6709

Auction

Bidder Must Qualify: Yes Buyers Premium: Yes Buyers Premium %: 10 Remote Bidding: Yes Real Estate Only: Yes RE & Personal Prop: No Auction Date: 2025-03-14 Auction Location: Online Bidding Only Auction Time: 12:00PM - Noon (ET) Open for Inspection Date: 2025-03-12

Property Sub-Type

Duplex: 1 Other: 1

Construction

Frame: 1

Type of Units

2 Bedroom Unit: 1 Other: 1

Siding

Brick: 1 Vinyl: 1

Sale Includes

Building and Land: 1

Cooling

Central Cooling: 1

Floors

Carpet: 1 Vinyl: 1

Garage/Parking

Attached: 1 Off-Street Parking: 1

Fuel

Electric: 1

Heat

Central: 1

Appliances

None: 1

Other Rooms

Family Room: 1

Roof

Asphalt: 1

Exterior Features

Deck: 1 Patio: 1 Windows - Vinyl: 1

Misc Features

Cathedral Ceiling(s): 1 Pantry: 1 Walk-In Closet(s): 1 Washer/Dryer Connect: 1

New Financing

Cash: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 110 Street Name: Higdon St Suffix: Lane State/Province: TN Zip Code: 38574 PIN #: 071H A 006.00 Geo Lat: 36.141044 Geo Lon: -85.279921

Status Change Info

Status Change Date: 2025-04-14 Under Contract Date: 2025-03-19 Sold Date: 2025-04-11 Sold Price: $276,650

Property Features

Property Sub-Type: Duplex; Other Type of Units: 2 Bedroom Unit; Other Sale Includes: Building and Land Floors: Carpet; Vinyl Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: None Construction: Frame Roof: Asphalt Siding: Brick; Vinyl Exterior Features: Deck; Patio; Windows - Vinyl Misc Features: Cathedral Ceiling(s); Pantry; Walk-In Closet(s); Washer/Dryer Connect Other Rooms: Family Room New Financing: Cash Showing: See Agent Instructns
Listing Office: Powell Auction & Realty,LLC
Office Phone: 865-938-3403
Last Updated: April - 14 - 2025
110 Higdon Lane, Monterey, TN 38574- MLS# 1291291
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