Land on Simmons Street in Spencer, Van Buren County
Spencer is the county seat of Van Buren County, up on the Cumberland Plateau. It is a small town. Fall Creek Falls State Park is down the road, and on a summer weekend there are more people in the park than in town.
Simmons Street runs through Spencer. This was land on Simmons Street, listed without a house number.
I represented the seller. We listed it on September 28, 2023, at $125,000. It was on the market 136 days, through the fall and winter. It closed on March 21, 2024, at $109,000.
That is $16,000 under the list price.
Land inside a small town is a different thing from land out in the county. There are neighbors close by, and usually a street already in place. For a buyer who wants to be near a town square and a post office, and still on the Plateau, that matters.
Van Buren County is one of the smallest counties in Tennessee by population. Land sales here take their time.
Property details
Property: Land, unimproved
Location: Simmons Street, Spencer, Van Buren County, Tennessee
Listed: September 28, 2023, at $125,000
Closed: March 21, 2024, at $109,000
My role: Seller's agent, with eXp Realty at the time of sale
Have land in Spencer or anywhere in Van Buren County you want to sell? Call me at 971-400-6420.
Jennifer Davis | Compass | TN Real Estate License #357536 | TN Auctioneer License #7520 | 971-400-6420 | Office 615-475-5616