NOT LISTED FOR SALE

125 Lick Creek Rd Tellico Plains, TN 37385

Estimated Value: $549,733

4 Beds
2 Baths
2,304 Sq Ft
$239/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $535,000 $232 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,996/month

114 Days on Market

Highlights

  • Home fronts a pond
  • Private Lot
  • Main Floor Primary Bedroom
  • Colonial Architecture
  • Wooded Lot
  • Balcony

About This Home

As of October 2024

Welcome to serene country living at 125 Lick Creek Rd, Tellico Plains, TN! This charming, two-story traditional home offers a unique blend of comfort, privacy, and natural beauty, making it an ideal retreat for anyone seeking a peaceful life close to the conveniences of the city. Spread over 2304 square feet of living space, this detached property features four spacious bedrooms and two full bathrooms, ensuring ample space for you and your loved ones. There's an additional communal living space upstairs leading to a covered balcony porch. The interior exudes a warm, inviting atmosphere that makes you feel at home the moment you step inside. The property doesn't just stop at the house; it envelops you in a world of outdoor possibilities. Whether you're an avid angler or simply enjoy the tranquility of water, the on-site pond stocked with bass and bluegill offers a personal oasis right in your backyard. For those with a vision for living expansion or perhaps a desire to build a custom workshop, a second build site with existing electric and septic awaits your ideas. For the enthusiasts of the simpler, rural life, the property presents many cleared areas suitable for livestock or agriculture, complementing its partly wooded terrain that echoes the beauty of Tennessee's landscape. A barn with electricity further enhances the property's versatility, perfect for projects, storage, or even transforming it into a unique gathering space. Situated just 15 minutes from Madisonville, accessibility to shopping, medical facilities, and more is incredibly convenient, offering the best of both worlds - the tranquility of country living with the perks of city amenities nearby. This property is not just a house; it's a canvas for your countryside dreams. Whether you're looking to cultivate a garden, raise animals, or simply enjoy the spaciousness and privacy, 125 Lick Creek Rd is a place where life's moments thrive.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,264

Year Built

  • Built in 1969

Lot Details

  • 18 Acre Lot
  • Home fronts a pond
  • Private Lot
  • Level Lot
  • Wooded Lot

Parking

  • 1 Car Garage

Home Design

  • Colonial Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,304 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Crawl Space
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Trash Compactor

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Schools

  • Rural Vale Elementary School
  • Tellico Plains Junior High School
  • Tellico Plains High School

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 135 00100 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,264

Year Built

Built in 1969

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Year Built: 1969
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: Dishwasher, Refrigerator, Trash Compactor
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2304
  • Building Area Units: Square Feet
  • Living Area: 2304
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Balcony, Storage Building
  • Construction Type: Frame, Vinyl Siding
  • Pool Private: No
  • View: No
  • Waterfront Features: Pond
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Other, Private, Wooded, Level, Rolling Slope
  • Lot Size Acres: 18
  • Lot Size Units: Acres
  • Parcel #: 135 00100 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1264

MLS Schools

  • Elementary School: Rural Vale Elementary
  • High School: Tellico Plains High School
  • Middle Or Junior School: Tellico Plains Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Oct 25, 2024
Sold by
Knott Dana G and Knott Eric A
Bought by
Sorrels Kyle A
List Price
$650,000
Sold Price
$535,000
Premium/Discount to List
-$115,000
-17.69%
Views
106
Current Estimated Value
$549,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,733
Avg. Annual Appreciation
2.75%
Original Mortgage
$508,250
Outstanding Balance
$502,639
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$47,094

Purchase Details

Closed on
Aug 22, 2000
Sold by
Perry Donald R
Bought by
Gary Muncy

Purchase Details

Closed on
Nov 19, 1999
Sold by
Perry Donald R
Bought by
Dana Knott

Purchase Details

Closed on
Jul 29, 1996
Sold by
William Mcmann Kevin
Bought by
Donald Perry

Purchase Details

Closed on
Dec 15, 1994
Bought by
Mcmann Kevin William and Mcmann Sheila

Purchase Details

Closed on
May 23, 1981
Bought by
Carlson Albert and Carlson Lillian

Purchase Details

Closed on
Oct 26, 1979

Purchase Details

Closed on
Nov 7, 1975
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sorrels Kyle A $535,000 Genesis Real Estate Title
Sorrels Kyle A $535,000 Genesis Real Estate Title
Gary Muncy $22,000 --
Dana Knott $168,000 --
Donald Perry $123,000 --
Mcmann Kevin William $83,900 --
Carlson Albert -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorrels Kyle A $508,250
Closed Sorrels Kyle A $508,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold $535,000 -17.7% $232 / Sq Ft
07/17/2024 07/17/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $650,000 -- $282 / 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
2025 $1,264 $68,000 $0 $0
2024 $1,264 $83,025 $21,650 $61,375
2023 $1,264 $83,025 $21,650 $61,375
2022 $1,203 $53,700 $16,775 $36,925
2021 $1,188 $53,025 $16,775 $36,250
2020 $1,188 $53,025 $16,775 $36,250
2019 $1,050 $53,025 $16,775 $36,250
2018 $1,050 $53,025 $16,775 $36,250
2017 $958 $45,750 $14,425 $31,325
2016 $1,074 $51,275 $14,425 $36,850
2015 $1,074 $51,275 $14,425 $36,850
2014 $1,074 $51,284 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2870303

Realtracs

APN: 135-001.00