FOR SALE BY OWNER
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1713 Andy Ln, Monterey, TN 38574
1713 Andy Ln, Monterey, TN 38574
$140,000
$139/sq ft
3 Beds
1.0 Bath
1,008 Sq Ft
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About This Property
For Sale By Owner (FSBO) - $140,000
Investor special with immediate upside! This 3BR/1BA ranch home offers approximately 1,204 sq. ft. and features a level lot, fenced backyard, covered back deck, carport, and convenient access to I-40.
This property is ideal for investors, flippers, landlords, or buyers looking to build equity through light renovation work. The home only needs flooring, paint, interior doors, a water heater, and a refrigerator to be comfortably livable.
With an estimated ARV of $200,000-$225,000, this property offers strong value-add potential and plenty of room for profit or equity growth.
PROPERTY HIGHLIGHTS
• 3 Bedrooms / 1 Bathroom
• Approx. 1,204 Sq. Ft.
• New roof 2017
• Level Lot
• Fenced Backyard
• Covered Back Deck
• Carport
• Minutes from I-40
INVESTOR SNAPSHOT
• Asking Price: $140,000
• Estimated ARV: $200,000-$225,000
• Estimated Monthly Rent: $1,500-$1,800/month
• Property Taxes: Approximately $546/year
• Estimated Insurance: $500-$700/year
• HOA: None
REHAB ITEMS REMAINING
• Flooring
• Paint
• Interior Doors
• Water Heater
• Refrigerator
• Perfect opportunity to add a second full bathroom.
Available for immediate sale. Property is being sold As-Is with a clean and clear title conveyed by Warranty Deed.
Great opportunity for a flip, rental, or affordable owner-occupant renovation project.
Property Type
Single Family
Year Built
1973
Lot Size
0.36 Acres
Heating
None; Forced air
Cooling
Central
Features & Amenities
Interior Features
- Central
- Forced air
- Garage - Detached
- Hardwood
- Metal
- Microwave
- None
- Range / Oven
- Refrigerator
- Vinyl
Kitchen & Appliances
- Dishwasher
Property Owner
PO
Property Owner
Property Owner
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Estimated Monthly Payment
$985
Payment Breakdown
Principal & Interest
$745
Property Tax
$140
Home Insurance
$100
HOA Fees
$0
Loan Amount
$112,000
Total Interest Paid
$156,250
Total Cost
$268,250