NOT LISTED FOR SALE

Estimated Value: $1,050,000 - $1,136,000

5 Beds
3.5 Baths
3,930 Sq Ft
$277/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $1,025,000 $261 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,241/month

1 Day on Market

Highlights

  • Boat Ramp
  • Landscaped Professionally
  • Clubhouse
  • Northshore Elementary School Rated A-
  • Community Lake
  • Deck

About This Home

As of April 2023

*BROKER PREVIEW FRI 3/31 1PMto3PM-OPEN HOUSE THIS SAT. 4/1 11AM to 4PM. This is it! The one you have been waiting for with 5 bedrooms, a large bonus room and an attached study to one of the 5 bedrooms. Welcome to your fabulous Farragut forever home in magnificent Montgomery Cove. A rare opportunity to own in this gorgeous subdivision along the waters of Loudon Lake. This French Chateau style home is sitting on a .53 acre corner lot. This private oasis is located approximately a block and a half from all the luxuries Montgomery Cove has to offer such as clubhouse, pool, tennis courts, basketball courts, neighborhood playground and winding sidewalks throughout the neighborhood. This lakefront community is perfect for the boating, kayaking and paddle boarding enthusiasts. There is a community dock with fishing area and a boat launch ramp. This community is known for its neighborhood clubs, activities and organized holiday events. Perfect for meeting new friends.Once inside this magnificent house you can feel at home. The 2 story ceilings and high pane windows create an abundance of light. On the main floor is a very spacious master bedroom suite with a tray ceiling accent. As you open the double doors you will gaze at the newly renovated master bath. This master bath boasts gorgeous new marble flooring with a stand alone soaking tub. The remote control blinds conveniently control the light and privacy and speaks luxury. The separate shower has a Dekton Soke bench seat and matching Dekton Soke countertops. You will find all new lighting fixtures including a vented light fan above the shower. The large open master closet comes with custom built shelving that completes the closet. Just outside the master bedroom is where you will find the updated kitchen, complete with custom designed range hood and gas stove, double oven, subway tile back splash, granite countertops, custom milled cabinetry with all new brushed nickel pulls and accents. From the kitchen and family room you can look out past the dual level deck to the amazing backyard that boasts mature evergreen and flowering trees. The fireplace with marble stone accents is a focal point in the family room. Once upstairs from the kitchen, you will find a bedroom that has a private study with sky lights producing an abundance of natural night. As you continue upstairs there is a large carpeted bonus room with wet bar and mini fridge. Opposite the bonus room, is a wood floor bedroom where a full bathroom is connected through to the bonus room. Down the upstairs hall you will come to a ensuite bedroom with private bath. At the very end of the upstairs hall and just before the main staircase to the foyer is the 5th bedroom currently being used as a guest room. The flooring throughout the home was replaced with dark stained oak wood flooring and Berber carpeting. This home is open, light and bright. All lighting fixtures inside have been updated including 3 chandeliers purchased from Ferguson's Lighting Gallery in Knoxville. With an abundance of storage areas in the home and a full 3 car garage, you will have plenty of room to organize all your cars and or hobbies. Seller is offering a 2-10 Supreme Level home warranty (Must be included in contract) Book your showings as this location will be very desirable and someone will be calling it home very soon. *Buyer to verify all information.

Last Agent to Sell the Property

Julie Hassmann

Realty Executives Associates License #362684 Listed on: 03/25/2023

Realty Executives Associates

Last Buyer's Agent

Kristie Hopwood

Marble City Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,824

Year Built

  • Built in 1998

Lot Details

  • 0.53 Acre Lot
  • Landscaped Professionally
  • Corner Lot
  • Level Lot
  • Irregular Lot
  • Rain Sensor Irrigation System

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Block Foundation
  • Stucco Exterior

Interior Spaces

  • 3,930 Sq Ft Home
  • Wet Bar
  • Wired For Data
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Marble Fireplace
  • Stone Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Storage Room
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Schools

  • Farragut Middle School
  • Farragut High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Internet Available

Listing and Financial Details

  • Property Available on 3/31/23
  • Assessor Parcel Number 162LA025
  • Tax Block 2

Community Details

Overview

  • Association fees include all amenities
  • Montgomery Cove Unit 1 Corrected Plat Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,824

Year Built

Built in 1998

Lot Details

0

HOA Fees

$75 per month

Parking

3

Listing Details

  • Directions: Northshore to Montgomery Cove right on Amberset, Right on Waterside. Property sign to be displayed beginning 03/27/23.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1998
  • Lot Size Acres: 0.53
  • Lot Size: 170.49x124.71x IRR
  • Subdivision Name: Montgomery Cove Unit 1 Corrected Plat
  • Architectural Style: Other, Traditional
  • Property Attached Yn: No
  • Lot Description:Irregular Lot: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1969.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1961.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Dining Area:Formal Dining Area: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Misc Features:Wired for Internet: Yes
  • Dining Area:Breakfast Bar: Yes
  • Dining Area:Breakfast Room2: Yes
  • Misc Features:Trey Ceiling: Yes
  • Cooling:Zoned2: Yes
  • Heat:Zoned: Yes
  • Siding:Stucco2: Yes
  • Misc Features:Wired for DSL: Yes
  • Misc Features:Wet Bar: Yes
  • Floors:Marble: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Stove, Tankless Wtr Htr, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Stone, Marble, Gas Log
  • Fireplaces: 1
  • Flooring: Marble, Carpet, Hardwood
  • ResoLivingAreaSource: Owner
  • Fireplace:Gas Log: Yes
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Security Alarm: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Family Room: Yes
  • Appliances:Gas Stove: Yes
  • Other Rooms:DenStudy: Yes
  • Appliances:Tankless Wtr Htr: Yes
  • Other Rooms:Breakfast Room: Yes
  • Fireplace:Stone2: Yes
  • Fireplace:Gas5: Yes
  • Fireplace:Marble2: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • Exterior Features: Irrigation System, Windows - Vinyl, Patio, Prof Landscaped, Deck
  • View: Other
  • Lot Features: Corner Lot, Irregular Lot, Level
  • Construction Type: Stucco, Other, Block
  • Exterior Features:Deck: Yes
  • Construction:Block2: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Prof Landscaped: Yes
  • Exterior Features:Irrigation System: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: On-Street Parking, Garage Door Opener, Other, Attached, Side/Rear Entry, Main Level, Off-Street Parking
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:SideRear Entry: Yes
  • GarageParking:Main Level: Yes
  • GarageParking:On-Street Parking: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Zoned, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Clubhouse, Recreation Facilities, Pool, Tennis Court(s)
  • Association Fee: 75.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Club House2: Yes
  • Community Amenities:Sidewalks: Yes
  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:Boat Ramp: Yes
  • Community Amenities:Dock2: Yes
  • Community Amenities:Lake Access2: Yes
  • Community Amenities:Rec Facilities: Yes
  • Community Amenities:Tennis Courts: Yes
  • Association Fee Incl:All Amenities: Yes

Fee Information

  • Association Fee Includes: All Amenities

Schools

  • High School: Farragut
  • Middle Or Junior School: Farragut

Lot Info

  • Lot Size Sq Ft: 23086.8
  • Parcel #: 162LA025
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2023-03-31

Tax Info

  • Tax Block: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2020
Closed on
Feb 26, 2021
Sold by
Hong Inki and An Youn Jaung
Bought by
Gleed Douglas J and Gleed Laura J
List Price
$625,000
Sold Price
$660,000
Premium/Discount to List
$35,000
5.6%
Current Estimated Value
$1,090,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,506
Avg. Annual Appreciation
11.81%
Original Mortgage
$460,000
Outstanding Balance
$413,293
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$677,213

Purchase Details

Closed on
Feb 20, 2009
Sold by
Hobbs Fox Mary Beth and Fox Robert L
Bought by
Hong Inki and An Youn Jaung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,750
Interest Rate
5.03%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 3, 2004
Sold by
Select Portfolio Servicing Inc
Bought by
Grp/Ag Reo 2004-1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2004
Sold by
Grp/Ag Reo 2004-1 Llc
Bought by
Fox Robert L and Hobbs Fox Mary Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2004
Sold by
Hodor Lisa W and Hodor John J
Bought by
Fairbanks Capital Corp and Dlj Mortgage Capital Inc

Purchase Details

Closed on
May 15, 1998
Sold by
Saddlebrook Inc
Bought by
Hodor John J and Hodor Lisa W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 23, 1997
Sold by
Montvue Development Company Llc
Bought by
Saddlebrook Inc
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 Buyer Sale Price Title Company
Gleed Douglas J $660,000 Southeast T&E Llc
Hong Inki $445,000 First Priority Title Co Inc
Grp/Ag Reo 2004-1 Llc -- Abstract Title Inc
Fox Robert L $420,000 Abstract Title Inc
Fairbanks Capital Corp $381,455 --
Hodor John J $310,900 Abstract Title Inc
Saddlebrook Inc $59,900 Abstract Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gleed Douglas J $460,000
Previous Owner Hong Inki $250,000
Previous Owner Hong Inki $200,000
Previous Owner Hong Inki $333,750
Previous Owner Fox Robert L $180,000
Previous Owner Hodor John J $412,000
Previous Owner Hodor John J $414,000
Previous Owner Hodor John $33,334
Previous Owner Hodor John J $75,000
Previous Owner Hodor John J $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $1,025,000 +2.5% $261 / Sq Ft
04/02/2023 04/02/23 Pending -- -- --
03/31/2023 03/31/23 For Sale $999,999 +51.5% $254 / Sq Ft
02/26/2021 02/26/21 Sold $660,000 +5.6% $168 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
11/27/2020 11/27/20 For Sale $625,000 -- $159 / 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 $2,824 $181,750 $0 $0
2023 $2,824 $181,750 $0 $0
2022 $2,824 $181,750 $0 $0
2021 $2,673 $126,075 $0 $0
2020 $2,673 $126,075 $0 $0
2019 $2,673 $126,075 $0 $0
2018 $2,673 $126,075 $0 $0
2017 $2,673 $126,075 $0 $0
2016 $2,297 $0 $0 $0
2015 $2,297 $0 $0 $0
2014 $2,297 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1221875

East Tennessee REALTORS® MLS

APN: 162LA-025