NOT LISTED FOR SALE

1175 Cooley's Rift Blvd Monteagle, TN 37356

Estimated Value: $491,000 - $641,000

3 Beds
2.5 Baths
2,870 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $522,500 $182 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,253/month

162 Days on Market

Highlights

  • Lake View
  • Covered Deck
  • 2 Fireplaces
  • Waterfront
  • Wood Flooring
  • Great Room

About This Home

As of October 2019

Custom built 2800+ square foot home located on beautiful Lake Louisa in Cooley s Rift gated community; Canoe, kayak, fish, or play on the beach in your own backyard w- almost 400 feet of lake frontage; Just three miles from St. Andrew s Sewanee School & seven from The University of the South; Zoned for Sewanee Elementary School; Hike, bike, or walk the Mountain Goat Trail to Monteagle or Sewanee. Open floor plan w- 10 ceilings downstairs; enjoy views of Lake Louisa year-round.

Last Agent to Sell the Property

Margaret Donohue

License #293701 Listed on: 03/26/2019

Co-Listed By

Patsy Truslow

Sewanee Realty License #289146

Last Buyer's Agent

Ray Banks

Monteagle Sewanee REALTORS License #312703

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $448

Year Built

  • Built in 2016

Lot Details

  • 3.7 Acre Lot
  • Waterfront

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Shingle Roof
  • Hardboard

Interior Spaces

  • 2,870 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Great Room
  • Lake Views
  • Crawl Space
  • Fire and Smoke Detector

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Schools

  • Cowan Elementary School
  • South Middle School
  • Franklin Co High School

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Community Details

  • Cooley S Rift Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 050 00718 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$448

Year Built

Built in 2016

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2016
  • Unit Levels: Two
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Ceiling Fan(s), Utility Connection, Walk-In Closet(s)
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Finished Wood, Tile
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2870
  • Building Area Units: Square Feet
  • Living Area: 2870
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Hardboard Siding
  • Patio And Porch Features: Covered Deck, Deck, Covered Porch
  • Pool Private: No
  • Roof: Shingle
  • View: Lake
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking Spaces: 2
  • Parking Features: Attached - Side, Gravel
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm

Condo/Co-op/Association

  • Association Fee: 25
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Amenities: Gated
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Size Acres: 3.7
  • Lot Size Units: Acres
  • Parcel #: 050 00718 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 448
  • Tax Lot: 24

MLS Schools

  • Elementary School: Cowan Elementary
  • High School: Franklin Co High School
  • Middle Or Junior School: South Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
Oct 8, 2019
Sold by
Walker Scott W and Walker Robin M
Bought by
Young Eric
Seller's Agent
Margaret Donohue
Buyer's Agent
Ray Banks
Monteagle Sewanee REALTORS
List Price
$549,000
Sold Price
$522,500
Premium/Discount to List
-$26,500
-4.83%
Current Estimated Value
$566,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,500
Avg. Annual Appreciation
6.02%
Original Mortgage
$495,900
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2015
Sold by
Rlf Cooleys Rift Propertie Llc
Bought by
Walker Scott W and Walker Robin M

Purchase Details

Closed on
Apr 6, 2015
Sold by
New Life Development Inc
Bought by
Rlf Cooleys Rift Properties Ll

Purchase Details

Closed on
Sep 6, 2005
Sold by
Raoul Land
Bought by
New Life Development Inc
Source: Public Records

Range of Values:

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Average Value
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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
Young Eric $522,500 Sovereign T&E Llc
Walker Scott W $68,850 --
Rlf Cooleys Rift Properties Ll $2,150,000 --
New Life Development Inc $7,702,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Eric $100,000
Previous Owner Young Eric $495,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2019 10/17/19 Sold $522,500 -4.8% $182 / Sq Ft
09/04/2019 09/04/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $549,000 -- $191 / 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 $2,014 $116,150 $22,825 $93,325
2023 $2,014 $118,325 $22,825 $95,500
2022 $1,893 $100,950 $22,825 $78,125
2021 $1,914 $100,950 $22,825 $78,125
2020 $1,914 $66,500 $16,750 $49,750
2019 $482 $66,500 $16,750 $49,750
2018 $448 $16,750 $16,750 $0
2017 $448 $16,750 $16,750 $0
2016 $344 $12,875 $12,875 $0
2015 $344 $12,875 $12,875 $0
2014 $251 $9,375 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2023698

Realtracs

APN: 050-007.18