$369,000
SOLD JAN 24, 2025

1201 Tellico St S Madisonville, TN 37354

3 Beds
2.5 Baths
1,327 Sq Ft
0.77 Acres

Recently Sold

$278 Per Sq Ft

15% Below List Price

152 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Separate Outdoor Workshop
  • Traditional Architecture
  • No HOA
  • Patio

About This Home

As of January 2025

Come check out this three bedrooms, 2.5 baths brick home that sits on .77 acres that is located just outside the city limits and in the county with no restrictions. This home has 2 garages that holds five vehicles and a carport. This home boasts Original hardwood floors throughout the living areas, with tile in the kitchen and bathrooms. The kitchen is equipped with custom cabinets with granite countertops, offering ample storage and a stylish cooking space. sliding windows throughout and equipped with professional UV window tint for added comfort and energy efficiency. There is an ADT security system installed, featuring cameras with night vision and motion detection. Granite tops in both bathrooms. The exterior of home is freshly painted and has a new driveway for a modern curb appeal. The crawlspace is encapsulated. Garden spot with a rainwater catchment system and underground utilities for sustainable living. Detached 24x36 3-car garage, fully insulated, featuring a half bath and a 2-post 9,000-pound car lift Entertainment & Relaxation - **Swimming Pool:** 18x36 inground saltwater swimming pool for luxurious outdoor enjoyment. - **Pavilion:** 16x25 pavilion by the pool, equipped with electricity and ceiling fans, perfect for entertaining guests. - Features a custom 9-foot granite table with eight barstools, matching chaise lounges, and bamboo umbrellas for a tropical vibe. - **Jacuzzi Tub:** Unwind in the jacuzzi tub, offering a spa-like experience in the comfort of your home. Call today to schedule your private showing.


Seller to pay up to one thousand dollars for a home warranty for buyer

Last Agent to Sell the Property

Michael Cansler

Silver Key Realty License #332832 Listed on: 08/31/2024

Last Buyer's Agent

Eric Best

East Tennessee Properties, LLC License #335912

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $871

Year Built

  • Built in 1955

Lot Details

  • 0.77 Acre Lot
  • Level Lot

Parking

  • 5 Car Garage
  • Carport
  • Parking Available
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,327 Sq Ft Home
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Sealed Crawl Space
  • Crawl Space

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Patio
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 079 121.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$871

Year Built

Built in 1955

Lot Details

0

Parking

5

Listing Details

  • Directions: From Hwy 411, turn onto Tellico St, home is located on the left, sign in yard
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1955
  • Lot Size Acres: 0.77
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1327.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Water:Public: Yes
  • Siding:Brick2: Yes
  • Outbuildings:Detached Workshop: Yes
  • Misc Features:Hot Tub: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Has Basement: Crawl Space, Crawl Space Sealed
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Hardwood
  • Fireplace:Gas Log: Yes
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Crawl Space Sealed: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Patio, Pool - Swim (Ingrnd)
  • Lot Features: Level
  • Construction Type: Brick, Block
  • Other Structures: Workshop
  • Construction:Block2: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pool - Swim (Ingrnd): Yes

Garage/Parking

  • GarageParkingGarageSpaces: 5.0
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features: Carport, Main Level, Off-Street Parking
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Main Level: Yes
  • GarageParking:Carport: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Lot Info

  • Lot Size Sq Ft: 33541.2
  • Parcel #: 079 121.02
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2024
Closed on
Jan 24, 2025
Sold by
Gatchel Dave G and Gatchel Heather
Bought by
Parker Richard and Parker Mary
Seller's Agent
Michael Cansler
Silver Key Realty
Buyer's Agent
Eric Best
East Tennessee Properties, LLC
List Price
$434,500
Sold Price
$369,000
Premium/Discount to List
-$65,500
-15.07%
Views
65
Current Estimated Value
$345,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,683
Avg. Annual Appreciation
-13.86%
Original Mortgage
$328,050
Outstanding Balance
$326,281
Interest Rate
6.6%
Mortgage Type
VA
Estimated Equity
$9,612

Purchase Details

Closed on
Apr 15, 2015
Sold by
T K Sloan Properties Llc
Bought by
Daffron Benjamin E and Daffron Makayla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2013
Sold by
Gatchel Dave
Bought by
Watson Dan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gatchel Dave G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.31%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 3, 2013
Sold by
Malone Mary
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 27, 2003
Sold by
Bivens Howard
Bought by
Malone Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,400
Interest Rate
5.82%

Purchase Details

Closed on
Aug 30, 2002
Sold by
Prock Jarvis and Prock Velvet
Bought by
Bivens Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.86%

Purchase Details

Closed on
Jul 11, 2002
Sold by
Mason Wanda H
Bought by
Prock Jarvis and Prock Velvet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.86%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $369,000 Skyway Title
Warranty Deed $369,000 Skyway Title
Warranty Deed $40,000 --
Quit Claim Deed -- --
Special Warranty Deed $46,000 --
Deed $81,159 --
Deed $92,000 --
Deed $89,900 --
Deed $78,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $328,050 VA
Closed $328,050 VA
Previous Owner $104,000 New Conventional
Previous Owner $26,000 New Conventional
Previous Owner $75,000 New Conventional
Previous Owner $75,000 Commercial
Previous Owner $87,400 No Value Available
Previous Owner $80,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2025 01/24/25 Sold $369,000 -7.7% $278 / Sq Ft
12/21/2024 12/21/24 Pending -- -- --
12/08/2024 12/08/24 Price Changed $399,900 -4.7% $301 / Sq Ft
11/14/2024 11/14/24 Price Changed $419,500 -1.3% $316 / Sq Ft
10/03/2024 10/03/24 Price Changed $424,900 -1.1% $320 / Sq Ft
09/14/2024 09/14/24 Price Changed $429,500 -1.2% $324 / Sq Ft
08/31/2024 08/31/24 For Sale $434,500 0.0% $327 / Sq Ft
08/23/2024 08/23/24 Pending -- -- --
08/14/2024 08/14/24 Price Changed $434,500 -1.1% $327 / Sq Ft
07/21/2024 07/21/24 For Sale $439,500 -- $331 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $871 $57,200 $4,250 $52,950
2023 $871 $57,200 $4,250 $52,950
2022 $901 $40,225 $3,825 $36,400
2021 $901 $40,225 $3,825 $36,400
2020 $651 $29,050 $3,825 $25,225
2019 $575 $29,050 $3,825 $25,225
2018 $575 $29,050 $3,825 $25,225
2017 $504 $24,050 $3,825 $20,225
2016 $477 $24,050 $3,825 $20,225
2015 $477 $22,775 $3,825 $18,950
2014 $617 $29,481 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1270363

East Tennessee REALTORS® MLS

APN: 079-121.02