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1640 Shipley Rd

Cookeville, TN 38501

8 bd 4 ba 2,936 sqft Built 2004 Lot 257,004 sqft multi_family
Most recent sale
$450,000
Apr 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 25, 2022 Sold $450,000 MLS #209007
Feb 17, 2022 Listed $350,000 MLS #209006
May 11, 2018 Sold $185,000 MLS #183683
Jan 30, 2018 Relisted $225,000 MLS #183683
Jan 4, 2018 Listing removed $199,900 UpperCumberlandAoR
Dec 1, 2017 Listed $199,900 MLS #183683

Tax assessment history

No tax assessment data

No assessment history available for this parcel.

Property facts

Year built
2004
Property type
multi_family
Stories
Beds
8
Baths
4
Living area
2,936 sqft
Lot size
257,004 sqft
ZIP code
38501
City
Cookeville
Street
Shipley Rd
Coordinates
36.20483, -85.51737

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,404
Gross rental yield
11.74%
Implied cap rate
7.63%
Trend-extrapolated value

Frequently asked questions

When did 1640 Shipley Rd last sell?
1640 Shipley Rd most recently sold on Apr 25, 2022 for $450,000.
What is the current tax assessment for 1640 Shipley Rd?
No tax-assessment history is recorded for this parcel.
When was 1640 Shipley Rd built?
1640 Shipley Rd was built in 2004.
How does 1640 Shipley Rd compare to others on Shipley Rd?
We track 8 other properties on Shipley Rd. Browse the list under "Other properties on Shipley Rd" to compare beds, baths, and sale history.
What are the property facts for 1640 Shipley Rd?
1640 Shipley Rd is a 8 bed, 4 bath, 2,936 sqft, 257,004 sqft lot multi_family.
Is 1640 Shipley Rd a flip candidate?
No — 1640 Shipley Rd does not appear in our flips dataset.
Is 1640 Shipley Rd a tax-appeal candidate?
No — 1640 Shipley 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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