Fantastic investment opportunity with this property in Putnam County. Two duplexes with excellent rental history and fresh updates. Excellent cash flow and poplar location! Each unit is a 2/1, owner pays for water.
Sold for $430,000
$430,000
5527 Village Rd, Cookeville, TN 38506
8beds
4baths
2,592sqft
Duplex
Built in 1980
-- sqft lot
$443,300 Zestimate®
$166/sqft
$1,195 Estimated rent
Home value
$443,300
Estimated sales range
Not available
$1,195/mo
Zestimate® history
Owner options
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$1,195/mo
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$1,195/mo
Rent Zestimate®
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$2,435/mo
Est. payment
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$2,435/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Amber Flynn-Jared,
The Real Estate Collective
Bought with:
Mike Brady, 00270774
Highlands Elite Real Estate LLC
Source: UCMLS,MLS#: 231799
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Electric
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Oven, Refrigerator, Electric Range, Washer, Dryer, Electric Water Heater
- Laundry: In Unit, Unit 1 Wshr/Dryr Hookup, Unit 2 Wshr/Dryr Hookup, Unit 3 Wshr/Dryr Hookup, Unit 4 Wshr/Dryr Hookup
Features
- Basement: Crawl Space
Interior area
- Total structure area: 2,592
- Total interior livable area: 2,592 sqft
Property
Parking
- Parking features: Unit 1 Car Storage(0), Unit 2 Car Storage(0), Unit 3 Car Storage(0), Unit 4 Car Storage(0)
Lot
- Size: 1.13 Acres
- Dimensions: 1.13 acres
Details
- Parcel number: 053.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Wood Siding, Block
- Roof: Metal
Condition
- Year built: 1980
Utilities & green energy
- Electric: Circuit Breakers, Separate Meter
- Sewer: Septic Tank
- Water: Utility District, Master Meter
Community & neighborhood
Location
- Region: Cookeville
Price history
| Date | Event | Price |
|---|---|---|
| 2/24/2025 | Sold | $430,000-11.3%$166/sqft |
Source:  UCMLS #231799 Report a problem | ||
| 1/23/2025 | Pending sale | $485,000$187/sqft |
Source: UCMLS #231799 Report a problem | ||
| 10/29/2024 | Listed for sale | $485,000-2.8%$187/sqft |
Source: UCMLS #231799 Report a problem | ||
| 10/25/2024 | Listing removed | $499,000$193/sqft |
Source: UCMLS #226897 Report a problem | ||
| 4/26/2024 | Listed for sale | $499,000-8.4%$193/sqft |
Source: UCMLS #226897 Report a problem | ||
| 4/5/2024 | Listing removed | -- |
Source:  RealTracs MLS as distributed by MLS GRID #2602527 Report a problem | ||
| 4/3/2024 | Price change | $545,000+2.8%$210/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2602527 Report a problem | ||
| 1/31/2024 | Listed for sale | $530,000$204/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2602527 Report a problem | ||
| 1/23/2024 | Pending sale | $530,000$204/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2602527 Report a problem | ||
| 12/18/2023 | Listed for sale | $530,000+76.7%$204/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2602527 Report a problem | ||
| 4/27/2022 | Sold | $300,000-15.5%$116/sqft |
Source: Public Record Report a problem | ||
| 1/29/2022 | Listed for sale | $355,000+163%$137/sqft |
Source: Owner Report a problem | ||
| 6/28/2016 | Sold | $135,000+260%$52/sqft |
Source: Public Record Report a problem | ||
| 4/6/2009 | Sold | $37,500-35.8%$14/sqft |
Source: Public Record Report a problem | ||
| 9/3/2008 | Sold | $58,429$23/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,608 | $60,440 |
| 2024 | $1,608 | $60,440 |
| 2023 | $1,608 +7.6% | $60,440 |
| 2022 | $1,494 | $60,440 |
| 2021 | -- | $60,440 +52.8% |
| 2020 | $1,158 | $39,560 |
| 2019 | $1,158 +7.2% | $39,560 |
| 2018 | $1,080 0% | $39,560 |
| 2017 | $1,080 | $39,560 |
| 2016 | $1,080 -2.7% | $39,560 |
| 2015 | $1,110 -11.9% | $39,560 -11.9% |
| 2014 | $1,259 | $44,894 |
| 2013 | $1,259 -0.2% | $44,894 |
| 2012 | $1,262 +6.2% | $44,894 |
| 2011 | $1,187 | $44,894 |
| 2010 | -- | $44,894 +2.4% |
| 2009 | $1,205 | $43,831 |
| 2008 | $1,205 +7% | $43,831 |
| 2007 | $1,126 +6.5% | $43,831 +1.5% |
| 2006 | $1,058 +17.8% | $43,192 +25.1% |
| 2005 | $898 | $34,517 |
| 2004 | $898 +4.9% | $34,517 |
| 2002 | $856 | $34,517 |
| 2001 | -- | $34,517 -75% |
| 2000 | -- | $138,067 |
Find assessor info on the county website
Neighborhood: 38506
Nearby schools
GreatSchools rating
- 7/10Algood Middle SchoolGrades: PK,5-8Distance: 4 mi
- 8/10Cookeville High SchoolGrades: PK,9-12Distance: 2.6 mi
- 7/10Northeast Elementary SchoolGrades: PK-4Distance: 4.2 mi
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- Tennessee
- Putnam County
- Cookeville
- 38506
- 5527 Village Rd
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