118 Ponderosa Dr Madisonville, TN 37354
3
Beds
2
Baths
1,744
Sq Ft
0.5
Acres
Highlights
- Countryside Views
- Traditional Architecture
- Wood Flooring
- Deck
- Cathedral Ceiling
- Main Floor Primary Bedroom
About This Home
As of March 2024Looking for a spacious and cozy ranch house in a peaceful neighborhood? Look no further than this 3 bedroom 2 bath beauty on half an acre of land. This house features an open concept floor plan with attached garage, fenced in back yard, and split bedrooms for privacy. Mountain views from the subdivision, located just minutes to town, and only ten minutes to Tellico Lake, where you can enjoy fishing, boating, swimming, and more! Don't miss this opportunity to own your own home. Schedule a showing today!
Last Agent to Sell the Property
Realty Executives Main Street License #297853 Listed on: 02/05/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $866
Year Built
- Built in 2007
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 108.42 x 201.76
- Level Lot
Home Design
- Traditional Architecture
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,744 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Vinyl Clad Windows
- Great Room
- Combination Dining and Living Room
- Storage
- Countryside Views
- Crawl Space
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- Attached Garage
- Parking Available
- Garage Door Opener
- Off-Street Parking
Outdoor Features
- Deck
- Covered patio or porch
Schools
- Madisonville Middle School
- Sequoyah High School
Utilities
- Zoned Heating and Cooling System
- Septic Tank
- Internet Available
Community Details
- No Home Owners Association
- Mountain Valley Estates Subdivision
Listing and Financial Details
- Assessor Parcel Number 068A D 012.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 5, 2024
Closed on
Mar 15, 2024
Sold by
Leming James Derrick
Bought by
Leming James Derrick and Leming Latasha
Seller's Agent
Melissa Anderson
Realty Executives Main Street
Buyer's Agent
Eric Best
East Tennessee Properties, LLC
List Price
$350,000
Sold Price
$350,000
Views
45
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
$3,253
Avg. Annual Appreciation
3.05%
Original Mortgage
$353,535
Outstanding Balance
$349,347
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
$15,260
Purchase Details
Listed on
May 10, 2012
Closed on
Jul 2, 2012
Sold by
Federal National Mortgage Association
Bought by
Pace Amber Dawn
Seller's Agent
Philip Rodgers
Century 21 Legacy
Buyer's Agent
Melissa Anderson
Realty Executives Associates
Sold Price
$129,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$131,632
Interest Rate
3.76%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 14, 2011
Sold by
Christopher Joseph E
Bought by
Federal National Mtg Associati
Purchase Details
Closed on
Mar 24, 2008
Sold by
Tallent Timmy L
Bought by
Christopher Joseph E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.22%
Purchase Details
Closed on
Sep 4, 2007
Sold by
Odell Terry A
Bought by
Ralph Tallent
Similar Homes in Madisonville, TN
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 |
|---|---|---|---|
| Quit Claim Deed | -- | Skyway Title | |
| Warranty Deed | $350,000 | None Listed On Document | |
| Special Warranty Deed | $129,000 | -- | |
| Deed | $118,000 | -- | |
| Deed | $135,000 | -- | |
| Deed | -- | -- | |
| Deed | $20,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $353,535 | Credit Line Revolving | |
| Closed | $6,000 | New Conventional | |
| Previous Owner | $1,707,000 | Commercial | |
| Previous Owner | $131,632 | Commercial | |
| Previous Owner | $135,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $350,000 | 0.0% | $201 / Sq Ft |
| 02/13/2024 02/13/24 | Pending | -- | -- | -- |
| 02/05/2024 02/05/24 | For Sale | $350,000 | +171.3% | $201 / Sq Ft |
| 07/02/2012 07/02/12 | Sold | $129,000 | -- | $74 / 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 |
|---|---|---|---|---|
| 2024 | $866 | $56,875 | $5,125 | $51,750 |
| 2023 | $866 | $56,875 | $5,125 | $51,750 |
| 2022 | $739 | $33,000 | $4,500 | $28,500 |
| 2021 | $739 | $33,000 | $4,500 | $28,500 |
| 2020 | $739 | $33,000 | $4,500 | $28,500 |
| 2019 | $653 | $33,000 | $4,500 | $28,500 |
| 2018 | $653 | $33,000 | $4,500 | $28,500 |
| 2017 | $672 | $32,100 | $4,000 | $28,100 |
| 2016 | $672 | $32,100 | $4,000 | $28,100 |
| 2015 | $672 | $32,100 | $4,000 | $28,100 |
| 2014 | $672 | $32,092 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Melissa Anderson
Seller's Agent in 2024
Melissa Anderson
Realty Executives Main Street
(423) 807-0835
41 in this area
123 Total Sales
-
Eric Best
E
Buyer's Agent in 2024
Eric Best
East Tennessee Properties, LLC
(423) 333-8157
35 in this area
125 Total Sales
-
P
Seller's Agent in 2012
Philip Rodgers
Century 21 Legacy
-
N
Buyer's Agent in 2012
NICOLE CLARK
LIGHTHOUSE PROPERTIES
-
R
Buyer's Agent in 2012
Rick McEntyre
RE/MAX Galleria
Map
Source: East Tennessee REALTORS® MLS
MLS Number: 1251831
APN: 068A-D-012.00
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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