$1,010,000
SOLD SEP 30, 2022

11845 Us 41 Monteagle, TN 37356

-- Bed
-- Bath
1,312 Sq Ft
4.71 Acres

Recently Sold

$770 Per Sq Ft

19 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Property has 1 Level
  • No HOA
  • Central Heating
  • 4-minute walk to South Cumberland State Park

About This Home

As of September 2022

AT AUCTION! SAT. AUG. 6 @ 10AM. TINY HOME COMMUNITY, EVENT CENTER, STR APARTMENTS, & MANAGER'S RESIDENCE. - AN INVESTOR’S DREAM! Located atop Monteagle Mountain in between Nashville and Chattanooga are the Cottages at Bear Hollow and the Barn at Bear Hollow. The Cottages at Bear Hollow is a tiny home community with 14 furnished cottages, a nice 2 br/2 ba managers residence, community laundry, swimming pool, and controlled gated access. The Barn at Bear Hollow is a large event center/reception hall with seating capacity for up to 200 people, commercial grade kitchen, walk-in cooler, stage with lighting and sound system, changing rooms, restroom facilities, and parking lot. The Barn at Bear Hollow also includes 7 short term rental apartments. Each are fully furnished.

Last Agent to Sell the Property

Thomas Ore

Winton Auction & Realty Co. License # 330537 Listed on: 07/19/2022

Co-Listed By

W. M. Anderton

Winton Auction & Realty Co. License # 6032

Last Buyer's Agent

Thomas Ore

Winton Auction & Realty Co. License # 330537 Listed on: 07/19/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,550

Year Built

  • Built in 2005

Interior Spaces

  • 1,312 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring

Schools

  • Monteagle Elementary
  • Grundy Co High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $3,200
  • The owner pays for electricity, gas, water
  • Assessor Parcel Number 101 08405 000

Community Details

Overview

  • No Home Owners Association
  • 20 Units

Building Details

  • Operating Expense $1
  • Gross Income $156,600
  • Net Operating Income $156,599

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,550

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 2005
  • Inclusions: APPLN,FURN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Multi Family
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Finished Wood
  • Above Grade Finished Sq Ft: 1312
  • Building Area Units: Square Feet
  • Living Area: 1312
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R
  • Lot Size Units: Acres
  • Parcel #: 101 08405 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 156600
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 156599
  • Number Of Units Total: 20
  • Annual Operating Expense: 1
  • Total Actual Rent: 3200

Tax Info

  • Tax Annual Amount: 3550

MLS Schools

  • Elementary School: Monteagle Elementary
  • High School: Grundy Co High School
  • Middle Or Junior School: Monteagle Elementary

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2025 06/11/25 Price Changed $2,600,000 -5.5% $149 / Sq Ft
05/05/2025 05/05/25 For Sale $2,750,000 +172.3% $157 / Sq Ft
09/30/2022 09/30/22 Sold $1,010,000 0.0% $770 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/19/2022 07/19/22 For Sale $1,010,000 -- $770 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2411406

Realtracs