NOT LISTED FOR SALE

116 Channel Dr Loudon, TN 37774

Estimated Value: $162,000 - $286,000

4 Beds
2 Baths
1,540 Sq Ft
$137/Sq Ft Est. Value

Last Sold October 24, 2023

Last sale price $164,900 $107 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,366/month

2 Days on Market

Highlights

  • Lake View
  • Traditional Architecture
  • Tile Flooring
  • Deck
  • Cooling Available
  • Central Heating

About This Home

As of October 2023

INVESTORS!!! Check out this charming basement ranch with tons of potential! Beautiful neighborhood with a public boat launch right around the corner. The house needs some work, but it's got good bones and won't take much to make this a beautiful permanent residence or vacation/short term rental home. Above ground pool with built-in deck is in good shape, but just needs some TLC. ***Please note: Electricity will not be turned on for inspections. HVAC system is non-functional and in need of repair. Cash buyers only, with Proof of Funds. Sold AS IS - no repair requests will be considered.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $655

Year Built

  • Built in 1984

Lot Details

  • 0.44 Acre Lot
  • Lot Has A Rolling Slope

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 1,540 Sq Ft Home
  • Property has 1 Level
  • Lake Views
  • Unfinished Basement

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Kingston Elementary School
  • Cherokee Middle School
  • Midway High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Lake Awana Valley Re Subdivision

Listing and Financial Details

  • Assessor Parcel Number 100E E 02304 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$655

Year Built

Built in 1984

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1984
  • Unit Levels: One
  • Year Built Details: EXIST
  • Attribution Contact: 8658303035
  • Special Features: None

Interior Features

  • Fireplace: No
  • Flooring: Wood, Laminate, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Has Basement: Unfinished
  • Above Grade Finished Sq Ft: 1540
  • Building Area Units: Square Feet
  • Living Area: 1540
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Fiber Cement, Frame
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Lake
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Other, Rolling Slope
  • Lot Size Acres: 0.44
  • Lot Size: 116 X 200 IRR
  • Lot Size Units: Acres
  • Parcel #: 100E E 02304 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 655

MLS Schools

  • Elementary School: Kingston Elementary
  • High School: Midway High School
  • Middle Or Junior School: Cherokee Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2023
Sold by
Steele Tracy
Bought by
Dharma Properties Llc
Current Estimated Value
$239,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,939,462
Interest Rate
6.13%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$1,728,161

Purchase Details

Closed on
Jul 21, 2006
Sold by
Turner Kinnon J and Turner Ann Joe
Bought by
Tracy Steele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,981
Interest Rate
6.68%

Purchase Details

Closed on
Dec 15, 2004

Purchase Details

Closed on
Jul 23, 1997
Sold by
Underwood Ray L
Bought by
Linda Clayton

Purchase Details

Closed on
Oct 15, 1986
Bought by
Underwood Ray L

Purchase Details

Closed on
Nov 27, 1981
Bought by
Turner Lloyd E and Turner Rosemary
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
Dharma Properties Llc $110,000 Admiral Title
Dharma Properties Llc $110,000 Admiral Title
Tracy Steele $130,000 --
-- $85,000 --
Linda Clayton $55,000 --
Underwood Ray L $47,000 --
Turner Lloyd E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dharma Properties Llc $2,000,000
Closed Dharma Properties Llc $2,000,000
Previous Owner Turner Lloyd E $128,981
Previous Owner Ann Turner Joe $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2023 10/24/23 Sold $164,900 0.0% $107 / Sq Ft
09/17/2023 09/17/23 Pending -- -- --
09/15/2023 09/15/23 For Sale $164,900 -- $107 / 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 $650 $27,075 $5,225 $21,850
2023 $655 $27,075 $5,225 $21,850
2022 $655 $27,275 $5,225 $22,050
2021 $674 $27,275 $5,225 $22,050
2020 $674 $27,275 $5,225 $22,050
2019 $686 $25,550 $3,750 $21,800
2018 $658 $25,550 $3,750 $21,800
2017 $658 $25,550 $3,750 $21,800
2016 $658 $25,550 $3,750 $21,800
2015 $658 $25,550 $3,750 $21,800
2013 -- $27,175 $4,000 $23,175
Source: Public Records

Map

Source: Realtracs

MLS Number: 2933178

Realtracs

APN: 100E-E-023.04