NOT LISTED FOR SALE

1042 Monteagle Falls Rd Monteagle, TN 37356

Estimated Value: $253,000 - $541,000

3 Beds
2 Baths
1,435 Sq Ft
$246/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $180,000 $125 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,993/month

4 Days on Market

About This Home

As of May 2021

Rustic Mountain Cabin mini farm, on 14 acres more or less. Huge workshop and storage Bld. Property sold As Is where Is. 24 Hr Notice Required. House will not qualify for FHA nor VA. Conventional or Cash only. 30x24 Work shop on slab and wired. Storage Bld, all fenced and mature trees as well as pasture. Two seasonal creeks with a picnic area and fire pit with a deer station.Buyers Brokers must verify all information as well as measurements.All offers must accompany lender/bank approval letter.

Last Agent to Sell the Property

Dee Underhill

Sewanee Realty License #261008 Listed on: 04/22/2021

Last Buyer's Agent

Deb Banks

Monteagle Sewanee REALTORS License # 326755

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,061

Year Built

  • Built in 2017

Lot Details

  • 14

Parking

  • 6

Interior Spaces

  • 1,435 Sq Ft Home
  • Ceiling Fan

Utilities

  • Well
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,061

Year Built

Built in 2017

Lot Details

0

Parking

6

Listing Details

  • Property Class: Residential
  • Property Sub Type: Site Built
  • Style: Rustic
  • Miscellaneous Features: Cable TV
  • Year Built Information: Existing
  • Number Of Stories: 1.00
  • Year Built: 2017
  • Special Features: None
  • Stories: 1
  • Year Built: 2017

Interior Features

  • Floor Types: Finished Wood
  • Interior Amenities: Ceiling Fan
  • Appliances Other: Dryer, Microwave, Refrigerator, Washer
  • Number of Fireplaces: 1
  • Main Floor Bedrooms: 3
  • Bedroom 1 Description: Full Bath
  • Main Level Full Bathrooms: 2
  • Primary Bathroom Type: Combo Tub/Shower
  • Kitchen Description: Eat-In
  • Oven Description: Single Oven
  • Range Description: Drop-in
  • Basement Description: Crawl
  • Sq Ft Main Floor: 1435
  • Total Sq Ft: 1435

Exterior Features

  • Construction Type: FRAME,WOOD
  • Waterfront Description: Creek
  • Fence: Full Yard
  • Exterior Features: Storage Building

Garage/Parking

  • Garage Capacity: 6
  • Garage Description: DRVWY, GRAVL

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Heating System: Two Systems

Schools

  • Elementary School: Monteagle Elementary
  • Middle School: Monteagle Elementary
  • High School: Grundy Co High School

Lot Info

  • Assessor Parcel Number: 106 007.05 000
  • Lot Description: Slope
  • Acres: 14.000

Multi Family

  • Total Bedrooms: 3
  • Total Full Baths: 2

Tax Info

  • Tax Amount: 320

MLS Schools

  • Elementary School ID: 1751
  • High School ID: 501
  • Junior High School ID: 1751

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 28, 2021
Sold by
Slatton Randy and Slatton Shirley
Bought by
Mitchell David Scott
Seller's Agent
Dee Underhill
Sewanee Realty
Buyer's Agent
Deb Banks
Monteagle Sewanee REALTORS
List Price
$169,500
Sold Price
$180,000
Premium/Discount to List
$10,500
6.19%
Current Estimated Value
$352,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,391
Avg. Annual Appreciation
17.76%
Original Mortgage
$130,000
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2015
Sold by
Mcginnis Glenn H
Bought by
Slatton Randy D and Slatton Shirley A
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mitchell David Scott $180,000 None Available
Slatton Randy D $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell David Scott $212,100
Closed Jezewski Michael $53,000
Closed Mitchell David Scott $130,000
Previous Owner Slatton Randy D $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $180,000 +6.2% $125 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $169,500 -- $118 / Sq Ft
Source: Realtracs

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 $1,061 $74,400 $14,825 $59,575
2023 $1,061 $74,400 $14,825 $59,575
2022 $1,021 $46,125 $9,700 $36,425
2021 $320 $46,125 $9,700 $36,425
2020 $320 $14,450 $9,700 $4,750
2019 $313 $13,125 $8,375 $4,750
2018 $274 $10,800 $8,375 $2,425
2017 $274 $10,800 $8,375 $2,425
2016 $274 $10,800 $8,375 $2,425
2015 $274 $10,800 $8,375 $2,425
2014 $212 $8,365 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: RTC1960288

Realtracs

APN: 106-007.05