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389 Shepherd Hills Rd

Cookeville, TN 38501

3 bd 2 ba 1,347 sqft Built 1979 single_family
Most recent sale
$125,000
Apr 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 29, 2022 Sold $250,000 UpperCumberlandAoR
Nov 24, 2022 Price changed $269,000 UpperCumberlandAoR
Nov 7, 2022 Listed $279,000 UpperCumberlandAoR
Oct 3, 2022 Price changed $289,000 MLS #215061
Sep 15, 2022 Listed $299,000 MLS #215061
Apr 1, 2022 Sold $125,000 MLS #209805

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $33,725 $1,321
2019 $33,725 $1,321
2018 $33,725 $1,204
2017 $33,725 $1,204
2016 $33,725 $1,204
2015 $28,575 $1,059
2014 $28,575 $1,059
2013 $28,575 $1,059
2012 $28,575 $1,059
2011 $28,575 $999
2010 $25,300 $916
2009 $27,800 $1,007
2008 $27,800 $1,007

Property facts

Year built
1979
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,347 sqft
Lot size
ZIP code
38501
City
Cookeville
Street
Shepherd Hills Rd
Coordinates
36.19353, -85.51395

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 389 Shepherd Hills Rd last sell?
389 Shepherd Hills Rd most recently sold on Apr 1, 2022 for $125,000.
What is the current tax assessment for 389 Shepherd Hills Rd?
The most recent total assessment for 389 Shepherd Hills Rd (year 2020) is $33,725 with $1,321 in property tax.
How does 389 Shepherd Hills Rd's assessment compare to its last sale price?
The current assessment is 73.0% below the last sale price of $125,000.
When was 389 Shepherd Hills Rd built?
389 Shepherd Hills Rd was built in 1979.
How does 389 Shepherd Hills Rd compare to others on Shepherd Hills Rd?
We track 8 other properties on Shepherd Hills Rd. Browse the list under "Other properties on Shepherd Hills Rd" to compare beds, baths, and sale history.
What are the property facts for 389 Shepherd Hills Rd?
389 Shepherd Hills Rd is a 3 bed, 2 bath, 1,347 sqft single_family.
Is 389 Shepherd Hills Rd a flip candidate?
Yes — 389 Shepherd Hills Rd appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 389 Shepherd Hills Rd a tax-appeal candidate?
No — 389 Shepherd Hills Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.7%
Implied 1-yr
-6.6%
2026 Q3
$335.3K
2026 Q4
$329.1K
ZIP 38501 — Median Price History + Forecast

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