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
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