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

Overview

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

Listing Details MLS# 1291291

Location Tax Legal Info

House #
110
Street Name
Higdon
St Suffix
Lane
State/Province
TN
Zip Code
38574
PIN #
071H A 006.00

Contract Info

Auction Y/N
Yes

General Property Description

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

Status Change Info

Status Change Date
2025-04-14
Under Contract Date
2025-03-19
Sold Date
2025-04-11

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

Location, Tax & Legal Info

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

More Information

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

Property Sub-Type

Duplex
Yes
Other
Yes

Construction

Frame
Yes

Type of Units

2 Bedroom Unit
Yes
Other
Yes

Siding

Brick
Yes
Vinyl
Yes

Sale Includes

Building and Land
Yes

Cooling

Central Cooling
Yes

Floors

Carpet
Yes
Vinyl
Yes

Garage/Parking

Attached
Yes
Off-Street Parking
Yes

Fuel

Electric
Yes

Heat

Central
Yes

Appliances

None
Yes

Other Rooms

Family Room
Yes

Roof

Asphalt
Yes

Exterior Features

Deck
Yes
Patio
Yes
Windows - Vinyl
Yes

Misc Features

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

New Financing

Cash
Yes

Showing

See Agent Instructns
Yes

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
IDX
Office Phone: 865-938-3403
Last Updated: April - 14 - 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, 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.