307 N Ferguson Ave, Cookeville, TN, 38501
About This Home
Investment property only!!!!! Located in the heart of town, this 2-bedroom, 1-bath home is situated on an oversized lot located within the city limits, just blocks from the center of town—making it highly desirable for renters or future resale. Home features a covered front porch, perfect for relaxing evenings. There is also plenty of outdoor space with the large lot for potential expansion, additional parking, or outdoor amenities. Convenient location close to shopping, dining, and local amenities adds to its rental appeal. Whether you're looking to expand your portfolio or purchase your first investment property, this one offers location, lot size, and potential.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1951
Materials
- Roof: Metal
- Construction materials: Other,Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Electric Range,Electric Water Heater
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Full
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Features
- Window features: Storm Window(s)
- Fireplace features: None
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 0
Master Bedroom
- Level: Main
Property
Details
- Parcel number: 031.00
- Zoning: residentia
Features
- Levels: Two
- Patio & porch: Porch
Lot
- Lot size: 0.47 Acres
- Features: Trees
- Lot size dimensions: 84 x 242
Parking
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Strong Wind
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $730 | $8,760 |
| Home Insurance | $73 | $876 |
| Property Taxes | $57 | $684 |
| Electricity | $175 | $2,103 |
| Total | $1,035 | $12,420 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-04 | Listed for sale | $144,500 |
| 2025-10-13 | Listing removed | $149,900 |
| 2025-07-18 | Price change | $149,900 |
| 2025-06-25 | Listed for sale | $164,900 |
| 2023-09-13 | Sold | $252,500 |
| 2023-09-13 | Pending sale | $259,900 |
| 2023-09-02 | Price change | $259,900 |
| 2023-08-09 | Listed for sale | $279,900 |
| 2023-07-26 | Contingent | $279,900 |
| 2023-06-23 | Price change | $279,900 |
| 2023-06-07 | Listed for sale | $300,000 |
| 2023-05-31 | Contingent | $300,000 |
| 2023-05-11 | Listed for sale | $300,000 |
| 2020-09-02 | Sold | $1,000 |
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