Seller's Agent in 2025
Courtney Mcghee
Keller Williams
(865) 567-6961
200 Total Sales
1175 Cardinal Cove Rutledge, TN 37861
3
Beds
2
Baths
2,304
Sq Ft
2.4
Acres
Highlights
- Lake Front
- Deck
- Wood Flooring
- RV Access or Parking
- Contemporary Architecture
- 2 Fireplaces
About This Home
As of September 2025Once-in-a-lifetime opportunity to own a truly unique lake property on 2.4 unrestricted acres with direct access and stunning views of Cherokee Lake—plus your very own PRIVATE ISLAND. Yes, the island is deeded with the property and offers incredible potential for fishing, camping, kayaking, or simply enjoying your own private retreat. The property features lake frontage, and there is the possibility of building a dock for even greater access to the water. Behind the home, the land has been cleared to create a prime elevated build site with panoramic views that are simply breathtaking. The home includes a spacious primary bedroom with a wood-burning fireplace, adding charm and coziness, along with another wood-burning fireplace in the living area. The HVAC, water heater, and well pump were all replaced just four years ago, and a recent survey is available. With unrestricted land use, this property can serve as your private residence, an Airbnb, or an investment opportunity. Whether you're looking for a peaceful getaway, a vacation rental, or a stunning site to build your dream home, this property checks every box—private island included!!!
Last Agent to Sell the Property
Keller Williams License #358219 Listed on: 07/02/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,258
Year Built
- Built in 1962
Lot Details
- 2.4 Acre Lot
- Lake Front
- Irregular Lot
- Lot Has A Rolling Slope
Parking
- 2 Car Garage
- Side Facing Garage
- RV Access or Parking
Property Views
- Lake
- Mountain
- Countryside Views
Home Design
- Contemporary Architecture
- Block Foundation
- Stone Siding
Interior Spaces
- 2,304 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Brick Fireplace
- Family Room
- Formal Dining Room
- Storage Room
- Unfinished Basement
- Walk-Out Basement
- Storm Windows
Kitchen
- Eat-In Kitchen
- Range
Flooring
- Wood
- Parquet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Access To Lake
- Balcony
- Deck
- Covered Patio or Porch
- Outdoor Storage
- Storage Shed
Utilities
- Central Heating and Cooling System
- Well
- Septic Tank
- Internet Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 061 049.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 2, 2025
Closed on
Sep 29, 2025
Sold by
Terry Paul
Bought by
Taylor Patrick K
Seller's Agent
Courtney Mcghee
Keller Williams
Buyer's Agent
Courtney Mcghee
Keller Williams
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Views
266
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,194
Avg. Annual Appreciation
-9.40%
Original Mortgage
$297,500
Outstanding Balance
$297,500
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$190,306
Purchase Details
Closed on
Jul 30, 2020
Sold by
Cameron Mary Lou and Southern Eugene
Bought by
Terry Paul
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $350,000 | None Listed On Document | |
| Warranty Deed | $150,000 | Lakeway Title | |
| Warranty Deed | $102,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $297,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/29/2025 09/29/25 | Sold | $500,000 | -9.1% | $217 / Sq Ft |
| 08/06/2025 08/06/25 | Pending | -- | -- | -- |
| 07/02/2025 07/02/25 | For Sale | $550,000 | -- | $239 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $1,258 | $53,550 | $0 | $0 |
| 2024 | $1,258 | $53,550 | $11,950 | $41,600 |
| 2023 | $1,258 | $53,550 | $11,950 | $41,600 |
| 2022 | $1,230 | $53,550 | $11,950 | $41,600 |
| 2021 | $1,230 | $53,550 | $11,950 | $41,600 |
| 2020 | $410 | $53,550 | $11,950 | $41,600 |
| 2019 | $1,230 | $43,925 | $11,950 | $31,975 |
| 2018 | $1,063 | $43,925 | $11,950 | $31,975 |
| 2017 | $1,063 | $43,925 | $11,950 | $31,975 |
| 2016 | $1,063 | $43,925 | $11,950 | $31,975 |
| 2015 | $1,212 | $43,925 | $11,950 | $31,975 |
| 2014 | $1,212 | $48,475 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Courtney Mcghee
Map
Source: East Tennessee REALTORS® MLS
MLS Number: 1306842
APN: 061-049.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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