Property Details

6.18 Acres in Rutherford County, TN – Escape the Busy City!

September 10, 2020

BUNKER HILL RD - ROCKVALE, TN 37153

Lucky Dog Price: $95,000

Market Value: $142,000

Savings of 33%!!

Acreage Zoning Flood Zone Utilities Survey Perc Test Access
6.18 Acres RL-Residential None City Water
Septic Needed
City Electric
Yes No Public Road

Stunning 6.18-acre lot in Rockvale, Tennessee. This property is nestled on Bunker Hill Road in a wooded area perfect for anyone who wants privacy. Only a short drive to Nashville or Murfreesboro, which is home to Middle Tennessee State University, who puts on some of the most entertaining sports games in the region. New homes being built in the area. Lots are spacious to offer peace and tranquility from one another. Build a home here and escape the hostility of the city life. Located just south of where Murray Road meets Bunker Hill Road. Seller financing available.


Optional Seller Financing with down payment of $50,000. Property sold at retail market value ($142,000), if seller financed. No pre-payment penalty. Notes are held at 11.5% annual interest. Seller financing options require a $12/mo note service fee. A one-time $299 document fee applies to all cash and financing sales.


The property is a short drive to popular sites such as Normandy Lake, Arrington Vineyards, Snail Shell Cave, Tims Ford State Park, and the annual Bonnarroo Music and Arts Festival in Manchester, TN. This part of the state offers many places to explore, hike, and camp with the family. Home values have risen 6% in the last 12 months in this area and is predicted to increase another 6.2% over the next year. The median single-family home value in this neighborhood is $288,294. This area is a great place to build a home and enjoy a city full of history, family-friendly activities, and great restaurants.

Site Address: Bunker Hill Rd - Rockvale, TN 37153

Parcel Size: 6.18 Acres

Parcel Number: 163-049.00-000

Account Number: R0084340

County: Rutherford

Zoned: RL-Residential, low density

Water: City (“Consolidated Utility District”)

Sewer: Septic (not installed)

Survey: Available, click here.

Percolation Test: This property had a preliminary soil test and a state licensed soil scientist said that Talbot soils were present but results were inconclusive due to the heavily wooded nature of the property. The area may be suitable for an alternative system and so it would be worth exploring that further. The next step is to bring in a forestry mulcher to clear lanes for more in depth testing. Due to additional cost, it is priced wholesale. Buyer to verify all information

Electric: City, at line (“Middle TN Electric Membership Co-op”)

Flood Zone: No

Annual Taxes: $328

Elevation: 828 ft

Property Access: Paved Road

Schools:

○ COLLEGE GROVE ELEMENTARY - 6.24 miles

○ COMMUNITY ELEMENTARY - 7.26 miles

○ ROCKVALE MIDDLE SCHOOL - 8.09 miles

○ EAGLEVILLE SCHOOL 12 - 2.10 miles

Buyers Agent Commission Offered: 3%

Title Provided: Warranty Deed w/ Title Insurance

Center GPS Coordinates: 35.714410, -86.620180

Directions:

From the West: Follow US-41A to Mt Vernon Rd. Follow Mt Vernon Rd and take a right on Bunker Hill Rd. Property is just past Murray Rd on the right.

From the East: Follow State Hwy 99 W and take a left on Mt Vernon Rd N. Follow Mt Vernon Rd N and take a left on Bunker Hill Rd. Property is just past Murray Rd on the right.

Terms and Conditions

Seller financing options require a $9.95/mo note service fee. Seller financing is only available with a full asking price offer. Any down payment or funds received are NON-REFUNDABLE. We are a national real estate investment company and in most cases we have not viewed the property in person. All of the information for this property that we are aware of has been disclosed within the listing details on our website. Please direct any additional questions regarding this property to the associated city/county governmental agency. Buyer is responsible for performing their own due diligence to verify all information is accurate and to be sure the property fits their needs. This property may still be in the process of closing with the previous owner and the deed will be transferred into our name shortly. In the meantime, this property is being pre-marketed with the permission of the previous owner. This property is guaranteed to be sold with a Warranty Deed and full title insurance.

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