$550,000
SOLD AUG 2, 2024

1039 Cherokee Dr Bean Station, TN 37708

4 Beds
3 Baths
3,466 Sq Ft
9.26 Acres

Recently Sold

$159 Per Sq Ft

31% Below List Price

84 Days on Market

Highlights

  • Barn
  • Horse Property
  • Open Floorplan
  • Stables
  • Panoramic View
  • Lake Privileges

About This Home

As of August 2024

Here is the Farm on the lake you have been looking for! This gorgeous property has 9.26 acres and agricultural rights to the TVA land in front of the house. Dreaming of your own Horse Farm? Want chickens? Love Lake Life? Want space to store your vehicles inside? Homesteading? Hobby Farm? Personal Paradise? Flower Farm? Here is the Farm on the lake you have been looking for! This property has all the potential. And all the buildings, there is a detached 24 x 40 two bay garage, a large workshop, 17 x 58 equipment shed, an incredible 32 x 40 two story barn with attached 28 x 40 shed, two bay garage and there is another detached carport. Both fenced pastures are walkable. Access to the home is via a paved driveway with a slight curve that rises to the back of the home where there is an impressive double carport.
The home is spacious and comfortable with an incredible great room,dining room, kitchen combination that makes this home perfect for entertaining. The Great room is large enough for a full set of large furniture, a dining room set and a pool table with enough room left for people. It is an amazing, versatile space that has gorgeous water views. The home's floor plan offers versatility. For example, the dining room could also make a really nice library/den and one would still have space to set up a dining table elsewhere in the home. Situated in lush, mature neighborhood. The home is on Cherokee Drive right across from the lake. This home will always have an amazing view. Because the land across the street is TVA protected nothing will be built between you and the lake. Due to TVA protection, the property is not dockable. Tying out is permitted. Boat dock/public ramp are both 5 minutes away. All information taken from CRS and Seller and deemed reliable. Verifying all information is Buyer's Responsibility. Sold as-is, where-is. Drone Photos are used in This Listing.

Last Agent to Sell the Property

Traci Rodimon

Crye-Leike Lakeway West License #358332 Listed on: 04/12/2024

Crye-Leike Lakeway West

Last Buyer's Agent

Traci Rodimon

Crye-Leike Lakeway West License #358332 Listed on: 04/12/2024

Crye-Leike Lakeway West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,060

Year Built

  • Built in 1964

Lot Details

  • 9.26 Acre Lot
  • Lot Dimensions are 605x306x572x315x434x241x180x51x96x35x347
  • Property fronts a private road
  • Kennel or Dog Run
  • Private Entrance
  • Barbed Wire
  • Landscaped
  • Open Lot
  • Lot Sloped Down
  • Meadow
  • Cleared Lot
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Property Views

  • Lake
  • Panoramic
  • Ridge
  • Pasture
  • Mountain
  • Hills
  • Forest
  • Meadow
  • Rural

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Bookcases
  • Woodwork
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • 2 Fireplaces
  • Metal Fireplace
  • Attic Fan

Kitchen

  • Electric Range
  • Microwave
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Double Vanity
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Laundry in Carport
  • 220 Volts In Laundry
  • Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Apartment Living Space in Basement
  • Laundry in Basement

Outdoor Features

  • Cove
  • Lake Privileges
  • Horse Property
  • Covered patio or porch
  • Terrace
  • Separate Outdoor Workshop
  • Outbuilding

Additional Homes

  • Residence on Property

Farming

  • Barn
  • Farm
  • Agricultural
  • Pasture

Horse Facilities and Amenities

  • Hay Storage
  • Stables

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Crosby Property Subdivision

Listing and Financial Details

  • Assessor Parcel Number 052 033.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,060

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Carport Y N: Yes
  • Year Built: 1964
  • Fencing: Barbed Wire
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 9.26
  • Lot Size: 605x306x572x315x434x241x180x51x96x35x347
  • Road Frontage Type: Private Road
  • Subdivision Name: Crosby Property
  • Directions: From Lakeshore Drive- Turn onto Cherokee Drive Follow for approx 1 mile to home on the left. Or- From Lakeshore Road turn onto Muskogee. Follow to the end and turn right. In approximately a half-mile the farm will be on your right.
  • Above Grade Finished Sq Ft: 2175.0
  • Architectural Style: Ranch
  • New Construction: No
  • Structure Type: House
  • Location Tax and Legal:Tax Annual Amount: 2059.78
  • Location Tax and Legal:Tax Year2: 2023
  • Location Tax and Legal:Parcel Number2: 052 033.00
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style:Ranch: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Flooring:Hardwood: Yes
  • Levels:Two: Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Laundry Features:Laundry Room: Yes
  • Utilities:Fiber Internet: Yes
  • Appliances Microwave: Yes
  • View:Lake3: Yes
  • Other Structures:Barn(s): Yes
  • Other Structures:Shed(s): Yes
  • Other Structures:Workshop: Yes
  • Laundry Features:In Basement: Yes
  • Other Structures:Large Storage: Yes
  • Other Structures:Corral(s)2: Yes
  • Other Structures:Hay Storage Building: Yes
  • Laundry Features:Lower Level: Yes
  • Percent Basement Finished: Yes
  • View:Water3: Yes
  • Utilities:Water Available: Yes
  • Cooling:Attic Fan: Yes
  • Electric:_two_20 Volts in Laundry: Yes
  • Other Structures:Outbuilding: Yes
  • Other Structures:RVBoat Storage2: Yes
  • Other Structures:Storage4: Yes
  • Laundry Features:Inside: Yes
  • View:Hills: Yes
  • View:Ridge: Yes
  • View:Rural: Yes
  • Road Frontage Type:Private Road: Yes
  • View:Panoramic: Yes
  • View:Pasture3: Yes
  • View:Forest: Yes
  • Fencing:Barbed Wire: Yes
  • Other Structures:Residence: Yes
  • Roof:Metal: Yes
  • Other Structures:Stable(s)3: Yes
  • View:Meadow2: Yes
  • Laundry Features:In Carport: Yes
  • Other Structures:KennelDog Run: Yes
  • View:Garden3: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Hardwood, Tile
  • Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
  • Basement: Apartment, Exterior Entry, Finished, Interior Entry, Walk-Out Access, Walk-Up Access
  • Levels: Two
  • Interior Amenities: Bookcases, Built-in Features, Ceiling Fan(s), Double Vanity, High Ceilings, High Speed Internet, In-Law Floorplan, Kitchen Island, Natural Woodwork, Open Floorplan, Recessed Lighting, Soaking Tub, Whirlpool Tub
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1290.0
  • Fireplace Features: Metal
  • Fireplaces: 2
  • Fireplace: Yes
  • Living Area: 3466.0
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Stories: 2
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Fireplaces Total: 2
  • Interior Features:Ceiling Fan(s)2: Yes
  • Basement:Exterior Entry: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Interior Features:Whirlpool Tub: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Interior Entry: Yes
  • Interior Features:Recessed Lighting: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Eat-In Kitchen2: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Built-in Features: Yes
  • Interior Features:Soaking Tub: Yes
  • Interior Features:Double Vanity: Yes
  • Basement:Apartment: Yes
  • Basement:Walk-Up Access: Yes
  • Interior Features:Natural Woodwork: Yes
  • Interior Features:Bookcases: Yes

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Private Entrance
  • Lot Features: Agricultural, Back Yard, Cleared, Cove On Lot, Farm, Front Yard, Garden, Gentle Sloping, Landscaped, Meadow, Open Lot, Pasture, Sloped, Sloped Down, Views
  • View: Yes
  • Waterfront Features: Lake, Lake Privileges
  • Waterfront: No
  • Construction Type: Brick, Concrete
  • Foundation Details: Block
  • Other Structures: Barn(s), Corral(s), Hay Storage Building, Kennel/Dog Run, Large Storage, Outbuilding, Residence, RV/Boat Storage, Second Garage, Shed(s), Storage, Workshop
  • Patio And Porch Features: Covered, Patio, Porch, Terrace
  • Lot Features:Gentle Sloping: Yes
  • Construction Materials:Brick: Yes
  • Lot Features:Farm: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Patio And Porch Features:Patio: Yes
  • Waterfront Features:Lake Privileges: Yes
  • Lot Features:Sloped Down: Yes
  • Lot Features:Cove On Lot: Yes
  • Exterior Features:Private Entrance: Yes
  • Lot Features:Views: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Garden2: Yes
  • Lot Features:Back Yard2: Yes
  • Waterfront Features:Lake2: Yes
  • Construction Materials:Concrete2: Yes
  • Lot Features:Front Yard2: Yes
  • Lot Features:Open Lot: Yes
  • Lot Features:Pasture2: Yes
  • Lot Features:Agricultural: Yes
  • Lot Features:Meadow: Yes
  • Patio And Porch Features:Terrace: Yes

Garage/Parking

  • Garage Yn: Yes
  • Carport Spaces: 2.0
  • Garage Spaces: 2.0
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Other Structures:Second Garage: Yes

Utilities

  • Cooling: Attic Fan, Central Air
  • Heating: Central, Fireplace(s)
  • Sewer: Septic Tank
  • Electric: 220 Volts in Laundry
  • Laundry Features: Electric Dryer Hookup, In Basement, In Carport, Inside, Laundry Room, Lower Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available, Fiber Internet
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Horse Amenities: Stable(s)
  • Lot Size Sq Ft: 403365.6
  • Parcel #: 052 033.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2059.78
  • Tax Map Number: 052
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2024
Closed on
Aug 2, 2024
Sold by
Grubb Mark A and Grubb Amanda M
Bought by
Bentley Tiffiney
Seller's Agent
Traci Rodimon
Crye-Leike Lakeway West
Buyer's Agent
Traci Rodimon
Crye-Leike Lakeway West
List Price
$800,000
Sold Price
$550,000
Premium/Discount to List
-$250,000
-31.25%
Total Days on Market
84
Views
65
Current Estimated Value
$583,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,862
Avg. Annual Appreciation
7.46%
Original Mortgage
$440,000
Outstanding Balance
$436,980
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving
Estimated Equity
$146,882

Purchase Details

Closed on
May 16, 2023
Sold by
Boling Melody D
Bought by
Grubb Mark A

Purchase Details

Listed on
Jul 26, 2017
Closed on
Feb 22, 2019
Sold by
Vega Investments Lp
Bought by
Grubb Mark A and Grubb Cheerful D
Seller's Agent
Tereasa Hubbard
Clinch Mountain Realty & Auction
Buyer's Agent
Lisa McBride
Clinch Mountain Realty & Auction
List Price
$599,900
Sold Price
$325,000
Premium/Discount to List
-$274,900
-45.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.96%
Original Mortgage
$340,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 10, 2018
Sold by
Hector Vega Investments Lp
Bought by
Allen Michael and Allen Bridgett

Purchase Details

Closed on
Oct 25, 2007
Sold by
Cintron Evelyn
Bought by
Vega Hector

Purchase Details

Closed on
Aug 31, 2002
Bought by
Hector Vega and Cintron Evelyn
Source: Public Records

Similar Homes in the area

  • 414 Sandpiper Ln, Bean Station, TN 37708

    $469,000

    • 3 Beds
    • 3 Baths
    • 1,819 Sq Ft
    • 414 Sandpiper Ln
    • Bean Station, TN

    9.5 out of 10!!!! CHEROKEE LAKE FRONT.3 Bedroom 3 Full Bath fully furnished with a Private Covered Boat Slip. Owner Occupy, short- or long-term Rental, the choice is yours. Here is your chance to own a street level walk-in condo in the beautiful Gated Community of German Creek on Cherokee Lake in East Tennessee. Cherokee Lake is one of East Tennessee's premier lakes for boating, Large and

    Doug Swiggum Keller Williams Properties

    Section Image
  • 329 Simpson Ln, Bean Station, TN 37708

    $499,000

    • 3 Beds
    • 2 Baths
    • 2,048 Sq Ft
    • 329 Simpson Ln
    • Bean Station, TN

    MAJESTIC YEAR-ROUND VIEWS OF CHEROKEE LAKE AND EAST TN MOUNTAINS. Can you see yourself on this 10 ft x 78 ft covered porch enjoying morning coffee and evening sunsets. You will not be disappointed! This home is one level living with an attached garage. The home was completely remodeled in 2019 including roof, Trex decking, sheetrock, windows, bathrooms, hardwood flooring, carpet, Custom

    PHYLLIS REED Clinch Mountain Realty & Auction

    Section Image
  • 618 Deer Run Trail, Bean Station, TN 37708

    $675,000

    • 3 Beds
    • 2 Baths
    • 2,104 Sq Ft
    • 618 Deer Run Trail
    • Bean Station, TN

    Welcome to your dream home offering beautiful lake views, open acreage, and quiet country living on almost 2 acres of land with low county taxes. This newly custom-built home is perfect for relaxation and entertaining, offering ample space for your family and guests, all just minutes from Cherokee Lake and local marinas. Inside, you'll find a bright, open-concept layout that seamlessly combines

    Lindsay Moore Crye-Leike Lakeway West

    Section Image
  • 1199 Oak Grove Rd, Bean Station, TN 37708

    $650,000

    • 3 Beds
    • 2 Baths
    • 1,609 Sq Ft
    • 1199 Oak Grove Rd
    • Bean Station, TN

    Don't miss this beautiful 3-bedroom, 2-bathroom home with cathedral ceilings in the main living area and a new roof installed in 2022!Located adjacent to TVA natural resource conservation land, this home offers year-round lake access and picturesque lake views—perfect for nature lovers and boating enthusiasts. Enjoy the convenience of a shared dock and driveway with the neighboring property,

    Ashley Hunt Re/Max Real Estate Ten Midtown

    Section Image
  • 165 Masters Ln, Bean Station, TN 37708

    $579,000

    • 3 Beds
    • 2.5 Baths
    • 2,015 Sq Ft
    • 165 Masters Ln
    • Bean Station, TN

    New Construction Home in Galilee Shores Overlooking Cherokee Lake Welcome to Galilee Shores, where breathtaking Cherokee Lake views and modern design come together in this stunning new construction home. This 3-bedroom, 2.5-bath home is designed for both comfort and style, featuring luxury vinyl and tile flooring throughout for easy maintenance and a contemporary feel. Step into the inviting

    LISA BROWN Crye-Leike Premier RE

    Section Image
  • 287 Pleasant Ridge Ln, Bean Station, TN 37708

    $474,900

    • 3 Beds
    • 2 Baths
    • 1,545 Sq Ft
    • 287 Pleasant Ridge Ln
    • Bean Station, TN

    Charming 3 Bedroom 2 Bath Home with Lake & Mountain Views in Pleasant Ridge, Bean StationBeautifully built in 2020, this like-new home offers 1,545 sqft of well designed living space.Featuring a partially open-concept layout that creates a spacious flow between the dining and living area, while maintaining defined spaces that offer functionality and privacy. The split style

    Amanda Laas Kornerstone Properties, LLC

    Section Image
  • 148 Delph Ln, Mooresburg, TN 37811

    $499,900

    • 3 Beds
    • 2 Baths
    • 1,488 Sq Ft
    • 148 Delph Ln
    • Mooresburg, TN

    Ready for log cabin living? This beautiful 3 bedroom 2 bath home is waiting for you. Situated on 2.57 unrestricted acres in Mooresburg, TN- this home has seasonal views of Cherokee Lake that you can enjoy from your covered front porch. At the entrance of the driveway is a gate for added security and privacy. Step through the front door into your inviting living room. Stay cozy in front of the gas

    TONYA ESTEVEZ SPRING MOUNTAIN REALTY, PLLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $550,000 Colonial Title
Quit Claim Deed -- None Listed On Document
Warranty Deed $325,000 None Available
Warranty Deed $45,000 None Available
Deed -- --
Warranty Deed $353,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 Credit Line Revolving
Previous Owner $210,000 Credit Line Revolving
Previous Owner $40,000 Credit Line Revolving
Previous Owner $340,000 Commercial
Previous Owner $250,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2024 08/02/24 Sold $550,000 -18.5% $159 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/15/2024 06/15/24 Price Changed $675,000 -6.9% $195 / Sq Ft
06/03/2024 06/03/24 Price Changed $725,000 -9.4% $209 / Sq Ft
04/12/2024 04/12/24 For Sale $800,000 0.0% $231 / Sq Ft
04/10/2024 04/10/24 Off Market $800,000 -- --
04/08/2024 04/08/24 For Sale $800,000 +146.2% $231 / Sq Ft
04/01/2019 04/01/19 Sold $325,000 -45.8% $151 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
07/26/2017 07/26/17 For Sale $599,900 -- $278 / Sq Ft
Source: Lakeway Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,060 $87,650 $35,950 $51,700
2023 $2,060 $87,650 $35,950 $51,700
2022 $2,013 $87,650 $35,950 $51,700
2021 $2,013 $87,650 $35,950 $51,700
2020 $2,199 $87,650 $35,950 $51,700
2019 $2,199 $78,550 $35,950 $42,600
2018 $2,098 $78,550 $35,950 $42,600
2017 $2,098 $86,700 $44,100 $42,600
2016 $2,098 $86,700 $44,100 $42,600
2015 $1,961 $86,700 $44,100 $42,600
2014 $1,961 $78,434 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 703214

Lakeway Area Association of REALTORS®

APN: 052-033.00