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1 Millstone Mountain Rd, Rockwood, TN 37748

$247,500
Property Type: Lots & Acreage Lot Size (sq. ft.): 2,395,800 Status: Active
Current Price: $247,500 List Date: 4/11/2024 Last Modified: 4/11/2024

Description

This listing is a parcel totalling ±360 acres split into 5 parcels ranging from ±55 to ±90 acres in size. The splits are located on Millstone Mountain Road in east Cumberland County. The attached map shows the proposed splits and the access road that all five splits will share a 50 foot easement for ingress and utilities. The seller has not installed electric utilities along the road and all buyers will be required to share the expense for installation. Tracts 1 and 5 have road frontage and will not necessarily have to share in the installation costs. Tracts 2, 3, and 4 will definitely need to have electric along the access road. We have checked with Volunteer Electric and found the estimated total cost cost to be $42,000.00 to a point at the end of the easement. Further electric will be at each buyers expense. A Draft of the easement maintenance by the buyers can be found in the documents section on the website. Tract 1 is 55 acres Priced at $4500/acre or $247,500.00. Tract 2 is 60 acrees at $4500/acre or $270,000.00. Tract 3 is 88 acres at $4000.00/acre or $352,000.00. Tract 4 is 81 acres priced at $4500.00/acre or $364,500.00. Tract 5is $4000.00/acre or $304,000.00.

More Information MLS# 1258980

Location, Tax & Legal Info

House #: 1 Street Name: Millstone Mountain St Suffix: Rd State/Province: TN Zip Code: 37748 Area: Cumberland County - 34 City/County Code: County PIN #: 119 001.00 Total Tax: 217 Geo Lat: 35.912692 Geo Lon: -84.785825

Contract Info

Auction Y/N: No Listing Price: 247500 Current Price: $247,500 Status: Active Listing Date: 2024-04-09 Cooperation Comp: 2 Compensation Type: %

General Property Description

Lot Dimensions: irregular Acres: 55 Acre Source: Estimated Restrictions: Yes Property Status: N/A

Remarks & Misc

Directions: From the Westal exit go south on TN 299 0.5 miles, turn right on Pig Path Road 1.6 miles, turn right on Millstone Mountain Road 2.2 miles and tract is on the left. Lat/Long 35.913072 - -84.785494. Public Remarks: This listing is a parcel totalling ±360 acres split into 5 parcels ranging from ±55 to ±90 acres in size. The splits are located on Millstone Mountain Road in east Cumberland County. The attached map shows the proposed splits and the access road that all five splits will share a 50 foot easement for ingress and utilities. The seller has not installed electric utilities along the road and all buyers will be required to share the expense for installation. Tracts 1 and 5 have road frontage and will not necessarily have to share in the installation costs. Tracts 2, 3, and 4 will definitely need to have electric along the access road. We have checked with Volunteer Electric and found the estimated total cost cost to be $42,000.00 to a point at the end of the easement. Further electric will be at each buyers expense. A Draft of the easement maintenance by the buyers can be found in the documents section on the website. Tract 1 is 55 acres Priced at $4500/acre or $247,500.00. Tract 2 is 60 acrees at $4500/acre or $270,000.00. Tract 3 is 88 acres at $4000.00/acre or $352,000.00. Tract 4 is 81 acres priced at $4500.00/acre or $364,500.00. Tract 5is $4000.00/acre or $304,000.00.

Status Change Info

Status Change Date: 2024-04-11

Property Features

Property Sub-Type: Farm; Recreational; Rural; Single Family Topography: Rolling Road Frontage: County; Paved; Other Road Access: Interstate Exposure; Private Road Sale Options: Fee Simple Improvements: None Easements: None Lot Description: Irregular Lot; Private; Wooded View: Mountain View Documents on File: Topography Map Developmnt Potential: Farm; Multi-Family; Recreational; Single Family Utilities Available: Electricity; Water Zoning: Zoned Agricultural Present Structures: None Undeveloped: Interstate Exposure New Financing: Cash; Conventional
Listing Office: AFM Real Estate
Office Phone: 865-248-8315
Last Updated: April - 11 - 2024
1 Millstone Mountain Rd, Rockwood, TN 37748- MLS# 1258980
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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