NOT LISTED FOR SALE

Estimated Value: $2,060,000 - $2,297,000

4 Beds
7 Baths
6,421 Sq Ft
$344/Sq Ft Est. Value

Last Sold June 15, 2023

Last sale price $1,975,000 $308 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $12,724/month

185 Days on Market

Highlights

  • Gated Community
  • View of Trees or Woods
  • Landscaped Professionally
  • Sequoyah Elementary School Rated A-
  • 2.87 Acre Lot
  • Wooded Lot

About This Home

As of June 2023

Let's talk about the setting here 1st! Almost 3 AC located in gated community & close to everything. Perched on an elevated lot surrounded by trees & privacy. Firepits,cascading water feature, zip line,circular drive & beautiful custom built home which was featured as 1998 Symphony Showcase House. All brick home & pavers on ft & rear porches. Stately architecture at every turn. Lots of updating incl. new garage drs, new light fixtures, newer HVAC systems, dishwasher & HWH. Enjoy limestone floors on almost the entire main level except new carpet in MBR. Wood beams added & great rm. coffered ceilings have wood inserts. MBR suite w/2 walk-in closets. Study on main level w/4th fp, 4 BR suites w/private bath, all walk-in closets on upper level. Media rm & bonus/ 5th BR. *see supp. remarks* LL walk out unfin. Half bsmt. w/concrete floors. Kitchen is equally impressive w/huge island & open to sunken great rm. perfect for entertaining. All opens to covered rear patio overlooking incredible back yard.

Last Agent to Sell the Property

Sharon Bailey

Realty Executives Associates License #010863 Listed on: 10/28/2022

Realty Executives Associates

Last Buyer's Agent

Chandler Reed

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,335

Year Built

  • Built in 1998

Lot Details

  • 2.87 Acre Lot
  • Cul-De-Sac
  • Landscaped Professionally
  • Wooded Lot

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Property Views

  • Woods
  • Countryside Views
  • Forest

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 6,421 Sq Ft Home
  • Cathedral Ceiling
  • 4 Fireplaces
  • Gas Log Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage Room

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 13308503

Community Details

Overview

  • Cherokee Springs Subdivision
  • Mandatory home owners association

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,335

Year Built

Built in 1998

Lot Details

0

HOA Fees

$108 per month

Parking

3

Listing Details

  • Directions: Northshore Dr west to Wrights Ferry (across from Morrell) turn Lt to Cherokee Springs on Rt- Rt Spring Pass Way to elevated lot on Lt
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1998
  • Lot Size Acres: 2.87
  • Subdivision Name: Cherokee Springs
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Wooded: Yes
  • View:Wooded2: Yes
  • Lot Description:Cul-De-Sac: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 3641.0
  • General Property Description:SqFt - Down Lvl: 750.0
  • General Property Description:SqFt - 2nd Flr Lvl: 2780.0
  • General Property Description:_pound_ Fireplace: 4.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: 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
  • Water:Public: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Basement Walkout: Yes
  • Dining Area:Formal Dining Area: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Heat:Forced Air: Yes
  • Dining Area:Breakfast Room2: Yes
  • Floors:Marble: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Stove, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave
  • Has Basement: Unfinished, Walkout, Outside Entr Only
  • Fireplace: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Masonry, Gas Log
  • Fireplaces: 4
  • Flooring: Marble, Carpet, Hardwood, Tile
  • Fireplace:Gas Log: 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
  • Appliances:Gas Stove: Yes
  • Other Rooms:DenStudy: Yes
  • Other Rooms:Great Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Basement:Unfinished: Yes
  • Basement:Outside Entr Only: Yes
  • Fireplace:Masonry2: Yes

Exterior Features

  • Exterior Features: Windows - Insulated, Patio, Porch - Covered, Prof Landscaped
  • View: Country Setting, Wooded
  • Lot Features: Cul-De-Sac, Wooded
  • Construction Type: Brick, Block
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Construction:Block2: Yes
  • Construction:Brick5: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Prof Landscaped: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 3.0
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage Door Opener, Side/Rear Entry, Main Level
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:SideRear Entry: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling
  • Security: Gated Community
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 1300.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Community Amenities:Gated Community: Yes

Lot Info

  • Lot Size Sq Ft: 125017.2
  • Parcel #: 13308503
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2022
Closed on
Jun 15, 2023
Sold by
Estes Ronald J and Estes Angela M
Bought by
Shipe Wesley Edward and Shipe Kelly Tatum
Seller's Agent
Sharon Bailey
Realty Executives Associates
Buyer's Agent
Chandler Reed
Keller Williams Realty
List Price
$2,395,000
Sold Price
$1,975,000
Premium/Discount to List
-$420,000
-17.54%
Views
280
Current Estimated Value
$2,207,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$232,558
Avg. Annual Appreciation
5.12%
Original Mortgage
$975,000
Outstanding Balance
$950,990
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,256,568

Purchase Details

Closed on
Dec 13, 2021
Sold by
Gerard Jacobi David and Gerard Lynne Stacy
Bought by
Estes Ronald J and Estes Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,130,000
Interest Rate
2.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Shipe Wesley Edward $1,975,000 None Listed On Document
Estes Ronald J $870,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shipe Wesley Edward $975,000
Previous Owner Estes Ronald J $1,130,000
Previous Owner Estes Ronald J $417,000
Previous Owner Estes Angela M $417,000
Previous Owner Estes Ronald J $200,000
Previous Owner Estes Ronald J $723,800
Previous Owner Estes Ronald J $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2023 06/15/23 Sold $1,975,000 -2.5% $308 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/19/2023 04/19/23 Price Changed $2,025,000 -6.9% $315 / Sq Ft
03/03/2023 03/03/23 Price Changed $2,175,000 -4.4% $339 / Sq Ft
01/05/2023 01/05/23 Price Changed $2,275,000 -5.0% $354 / Sq Ft
11/07/2022 11/07/22 For Sale $2,395,000 0.0% $373 / Sq Ft
10/30/2022 10/30/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $2,395,000 -- $373 / 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 $7,335 $472,025 $0 $0
2023 $7,335 $472,025 $0 $0
2022 $7,335 $472,025 $0 $0
2021 $8,893 $419,500 $0 $0
2020 $8,893 $419,500 $0 $0
2019 $8,893 $419,500 $0 $0
2018 $8,893 $419,500 $0 $0
2017 $8,893 $419,500 $0 $0
2016 $8,676 $0 $0 $0
2015 $8,676 $0 $0 $0
2014 $8,676 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1210207

East Tennessee REALTORS® MLS

APN: 133-08503