120 Graves Vance Rd Madisonville, TN 37354
Estimated payment $5,078/month
Total Views
7,531
4
Beds
4
Baths
5,318
Sq Ft
$169
Price per Sq Ft
Highlights
- RV Access or Parking
- 4.9 Acre Lot
- Wood Flooring
- View of Trees or Woods
- Cape Cod Architecture
- Main Floor Primary Bedroom
About This Home
Welcome to a property that feels like home the moment you arrive. This modern Cape Cod farmhouse, thoughtfully designed and built in 2008, offers the perfect blend of timeless charm and modern convenience. Set on 4.9 acres of level pastureland with mountain views throughout, this is a place where comfort and practicality come together to create something
truly special.
The inviting wraparound porch, spanning 891 square feet, is the perfect spot to sip your morning coffee or enjoy quiet evenings with loved ones. Inside, the main level features 3,195 square feet of well-planned living space, including a spacious kitchen that's ideal for gathering and a cozy
primary suite designed for relaxation. The bonus room upstairs adds flexibility for whatever your lifestyle needs—whether it's a playroom, home office, or hobby space. The enclosed porch provides an intimate space to enjoy the outdoors year-round, while still feeling connected to the
warmth of home.
The fully finished basement, with its own kitchen, bedroom, bath, spacious living area and private entrance, offers 2,123 square feet of additional living space. It's perfect for guests, extended family, or possibly separate income producing..
For those who value practicality as much as beauty, this property delivers. The oversized two-car attached garage is complemented by a 36x24 detached garage and an attached 30x40 workshop—ideal for projects or storage. A 42x36 pole barn/equipment shed adds even more
versatility for equipment or animals. The level to gently rolling acreage offers endless
possibilities, from pastureland to gardening or additional building sites.
Conveniently located between Vonore and Madisonville and just a short drive to Several Higher End Communities including Tellico Village, Rarity Bay & Kahite. This home combines the peace of country living with easy access to nearby amenities. Whether you're looking for a place to spread out, entertain family and friends, or simply enjoy the beauty
of nature, this property has everything you need to feel right at home.
Come see it for yourself—and discover what makes this property so special.
Additionally, two adjoining properties are available for purchase - a 1,344 sq ft home on a 1 -acre lot and a separate 1.31-acre vacant tract. Acquiring all three parcels together presents a unique opportunity to create the perfect multi-generational estate.
Per FEMA Flood Map: Property is not in Flood Zone and requires No Flood Insurance.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,806
Year Built
- Built in 2008
Lot Details
- 4.9 Acre Lot
- Corner Lot
- Level Lot
Parking
- 5 Car Garage
- Parking Available
- Side Facing Garage
- Garage Door Opener
- RV Access or Parking
Property Views
- Woods
- Mountain
- Countryside Views
- Forest
- Seasonal
Home Design
- Cape Cod Architecture
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
- Frame Construction
- Rough-In Plumbing
Interior Spaces
- 5,318 Sq Ft Home
- Living Quarters
- Wired For Data
- Ceiling Fan
- 2 Fireplaces
- Gas Log Fireplace
- Vinyl Clad Windows
- Insulated Windows
- Combination Kitchen and Dining Room
- Bonus Room
- Sun or Florida Room
- Storage Room
- Fire and Smoke Detector
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- 4 Full Bathrooms
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Dryer Hookup
Finished Basement
- Walk-Out Basement
- Recreation or Family Area in Basement
- Stubbed For A Bathroom
Outdoor Features
- Enclosed patio or porch
- Separate Outdoor Workshop
- Outdoor Storage
- Storage Shed
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Propane
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Property Available on 4/17/25
- Assessor Parcel Number 058 008.06
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,806 | $118,600 | $13,250 | $105,350 |
| 2023 | $1,806 | $118,600 | $13,250 | $105,350 |
| 2022 | $1,806 | $80,650 | $14,650 | $66,000 |
| 2021 | $1,768 | $78,925 | $14,650 | $64,275 |
| 2020 | $1,768 | $78,925 | $14,650 | $64,275 |
| 2019 | $1,562 | $78,925 | $14,650 | $64,275 |
| 2018 | $1,588 | $80,225 | $15,950 | $64,275 |
| 2017 | $1,728 | $82,525 | $18,700 | $63,825 |
| 2016 | $1,728 | $82,525 | $18,700 | $63,825 |
| 2015 | $1,728 | $82,525 | $18,700 | $63,825 |
| 2014 | $1,729 | $82,539 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/24/2025 07/24/25 | Price Changed | $899,900 | -5.3% | $169 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $949,900 | -4.9% | $179 / Sq Ft |
| 04/17/2025 04/17/25 | For Sale | $999,000 | -- | $188 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $500,000 | Credit Line Revolving | |
| Closed | $50,000 | Commercial | |
| Closed | $100,000 | No Value Available | |
| Closed | $41,100 | No Value Available |
Source: Public Records
Similar Homes in Madisonville, TN
Source: East Tennessee REALTORS® MLS
MLS Number: 1297163
APN: 058-008.06
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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