NOT LISTED FOR SALE

117 Skyline Dr Tellico Plains, TN 37385

Estimated Value: $452,000 - $610,265

2 Beds
1 Bath
1,008 Sq Ft
$535/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $585,000 $580 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,062/month

14 Days on Market

Highlights

  • Spa
  • Cathedral Ceiling
  • Covered Patio or Porch
  • Mountain View
  • Wood Flooring
  • Log Cabin

About This Home

As of June 2024

EXTRAORDINARY VIEWS from this 2018 built log cabin. The porch overlooks the green plains of Tellico as they stretch out to the base of the Appalachian Mountain range and the grandeur of the Cherokee National Forest. Nestled in one of the few gated neighborhoods that allow short-term rentals, this beautiful cabin has potential to earn $70,000+ per year. The wide and open deck provides room for entertaining or just relaxing in the hot tub and enjoying the sunsets. The open floor plan offers towering windows with panoramic views from any seat in the house. The kitchen is fully equipped with a gas range, stainless steel hood, a farmhouse apron sink, textured granite counter tops, abundant cabinet space, and an island with breakfast bar for dining. Hardwood floors are throughout the home and authentic barn wood doors grace the bedroom and bath. This gated neighborhood offers paved roads and affordable HOA fees that cover your water bills. This home is fully furnished and stocked as a short-term rental. Great income potential or perfect romantic getaway. Tellico Plains offers world-class trout fishing and kayaking, hiking, camping, horseback trails, and small-town charm. Call today to schedule your private showing. Please provide ample advanced notice for showings, as the cabin is booked most nights.

Last Agent to Sell the Property

Nancy Howard

Weichert Realtors - The Space Place License #334881 Listed on: 04/18/2024

Weichert Realtors - The Space Place

Co-Listed By

Art Howard

Weichert Realtors - The Space Place License #369854

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,784

Year Built

  • Built in 2018

Lot Details

  • 1.48 Acre Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • No Garage

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Wired For Data
  • Cathedral Ceiling
  • Ceiling Fan
  • Mountain Views
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Private Water Source
  • Septic Tank

Community Details

  • Association fees include water
  • The Highlands Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 127A A 037.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,784

Year Built

Built in 2018

Lot Details

0

HOA Fees

$65 per month

Listing Details

  • Directions: Take Highway 68 to Tellico Plains, turn onto Cherohala Skyway, left onto TN 360, left onto Old Belltown Rd, then 1.7 miles to Highlands Bluffs. Neighborhood is gated.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2018
  • Lot Size Acres: 1.48
  • Co List Office Mls Id: 2089
  • Co List Office Phone: 423-745-2634
  • Subdivision Name: The Highlands
  • Architectural Style: Cabin, Log
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • View:Mountain View: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 775.0
  • General Property Description:SqFt - 2nd Flr Lvl: 233.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Water:Private2: Yes
  • Floors:Tile2: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Misc Features:Wired for Internet: Yes
  • Dining Area:Breakfast Bar: Yes
  • Style:Log3: Yes
  • Siding:Log2: Yes
  • Misc Features:Hot Tub: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Microwave, Washer
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Hardwood, Tile
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:None15: Yes
  • Appliances:Gas Stove: Yes
  • Misc Features:Island in Kitchen: Yes

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Mountain View
  • Lot Features: Rolling Slope
  • Construction Type: Log
  • Exterior Features:Porch - Covered: Yes
  • Construction:Log: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • GarageParking:None18: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Propane, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 65.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Incl:Water3: Yes

Fee Information

  • Association Fee Includes: Water

Lot Info

  • Lot Size Sq Ft: 64468.8
  • Parcel #: 127A A 037.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jun 11, 2024
Sold by
Thompson Wesley Martin and Thompson Deborah Jean
Bought by
Mcfall Charles Tyler and Mcfall Stephanie Coette
Seller's Agent
Nancy Howard
Weichert Realtors - The Space Place
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$599,000
Sold Price
$585,000
Premium/Discount to List
-$14,000
-2.34%
Views
44
Current Estimated Value
$539,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,684
Avg. Annual Appreciation
-9.39%
Original Mortgage
$468,000
Outstanding Balance
$462,923
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$53,238

Purchase Details

Listed on
Jun 25, 2022
Closed on
Aug 5, 2022
Sold by
Tab Orcutt Guy
Bought by
Thompson Wesley Martin and Thompson Deborah Jean
Seller's Agent
Nancy Howard
Weichert Realtors - The Space Place
Buyer's Agent
Nancy Howard
Weichert Realtors - The Space Place
List Price
$499,900
Sold Price
$490,000
Premium/Discount to List
-$9,900
-1.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.05%
Original Mortgage
$416,500
Interest Rate
5.81%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 2, 2019
Sold by
Brady Douglas and Brady Sandra
Bought by
Orcutt Guy Tab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,300
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Aug 23, 2019
Sold by
Morris Douglas Lavell
Bought by
Orcutt Guy Tab

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,300
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Closed on
Sep 29, 2017
Sold by
Cate Emily S
Bought by
Morris Douglas Lavell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
3.86%
Mortgage Type
Unknown

Purchase Details

Closed on
May 31, 2013
Sold by
Guinn Jess H
Bought by
Cate Emily S
Source: Public Records

Range of Values:

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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
Mcfall Charles Tyler $585,000 Conveyance Title And Escrow In
Thompson Wesley Martin $490,000 None Listed On Document
Orcutt Guy Tab $1,750 Skyway Title Services
Orcutt Guy Tab $200,000 None Available
Morris Douglas Lavell $25,000 None Available
Cate Emily S $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfall Charles Tyler $468,000
Previous Owner Thompson Wesley Martin $416,500
Previous Owner Orcutt Guy Tab $205,291
Previous Owner Orcutt Guy Tab $204,300
Previous Owner Morris Douglas Lavell $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $585,000 -2.3% $580 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $599,000 +22.2% $594 / Sq Ft
08/05/2022 08/05/22 Sold $490,000 -2.0% $486 / Sq Ft
06/29/2022 06/29/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $499,900 -- $496 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $1,784 $117,150 $61,450 $55,700
2023 $1,784 $117,150 $61,450 $55,700
2022 $843 $37,625 $11,100 $26,525
2021 $843 $37,625 $11,100 $26,525
2020 $843 $37,625 $11,100 $26,525
2019 $639 $37,625 $11,100 $26,525
2018 $424 $32,275 $5,750 $26,525
2017 $120 $5,750 $5,750 $0
2016 $120 $5,750 $5,750 $0
2015 $120 $5,750 $5,750 $0
2014 $120 $5,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1259749

East Tennessee REALTORS® MLS

APN: 127A-A-037.00