NOT LISTED FOR SALE

1438 Rafter Rd Tellico Plains, TN 37385

Estimated Value: $198,257 - $319,000

1 Bed
1 Bath
663 Sq Ft
$399/Sq Ft Est. Value

Last Sold March 25, 2024

Last sale price $305,000 $460 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,477/month

4 Days on Market

Highlights

  • Horses Allowed On Property
  • Open Floorplan
  • Wooded Lot
  • Views of Trees
  • Contemporary Architecture
  • Main Floor Primary Bedroom

About This Home

As of March 2024

Stunning contemporary forest retreat!
Built in 2019 by acclaimed builder George Smith, this cabin was designed for maximum efficiency without compromising comfort or natural beauty.
The main level has an open floor plan and includes1 bedroom, 1full bath, an eat-in kitchen, pantry, stacked washer/dryer and a cozy wood stove. The decor is delightfully simple.
A loft is perched above the mail living area and offers additional sleeping or storage space. The space is cooled and heated by green energy efficient Mini splits units.
The exterior of the cabin features a private sauna and a rustic firepit set among towering pines. The mountain view can be expanded with selective tree thinning.
Bonus features:
*Located just minutes from Indian Boundary, Bald River Falls, the scenic Cherohala Skyway, tubing/fishing on the Tellico River, restaurants and shops
* Underground utilities
* 12 acres have already been surveyed off into three parcels so that additional cabins can be added.
* This cabin has a successful rental history on Air B and B. https://abnb.me/lg7tnE9ifHb

Last Agent to Sell the Property

Donna Baran

Starr Mountain Realty License #330204 Listed on: 02/28/2024

Last Buyer's Agent

A NON-MEMBER

--NON-MEMBER OFFICE-- License #308195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $538

Year Built

  • Built in 2019

Lot Details

  • 12 Acre Lot
  • Property fronts a county road
  • Rural Setting
  • Level Lot
  • Wooded Lot

Parking

  • Unpaved Parking

Home Design

  • Contemporary Architecture
  • Cabin
  • Slab Foundation
  • Pitched Roof
  • Metal Roof

Interior Spaces

  • 663 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • High Ceiling
  • Storage
  • Concrete Flooring
  • Views of Trees

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Fire Pit
  • Outdoor Storage

Schools

  • Tellico Plains Elementary School
  • Tellico Plains Jr High Middle School
  • Tellico Plains High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Private Water Source
  • Well
  • Septic Tank
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 138 01001 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$538

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Horses: Yes
  • Lot Size Acres: 12.0
  • Road Frontage Type: County Road
  • Road Surface Type: Gravel
  • Directions: From Tellico Plains, take 165 to 360. Left onto 360. Right onto Rafter Rd. Cabin in on the right.
  • Above Grade Finished Sq Ft: 663.0
  • Architectural Style: Cabin, Contemporary
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Year Built: 2019
  • General Property Information:Living Area2: 663.0
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Basement: None
  • Appliances: See Remarks, Washer, Dishwasher, Dryer, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Storage, Primary Downstairs, Open Floorplan, High Ceilings, Beamed Ceilings
  • Other Equipment: Other
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Concrete
  • Living Area: 663.0
  • ResoLivingAreaSource: Appraiser
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes
  • Basement:None2: Yes
  • Community Features:None3: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Primary Downstairs: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Storage2: Yes
  • Interior Features:Beamed Ceilings: Yes
  • Appliances:See Remarks22: Yes

Exterior Features

  • Roof: Metal, Pitched
  • Exterior Features: See Remarks, Fire Pit
  • Lot Features: Rural, Wooded, Steep Slope, Split Possible, Sloped, Level
  • Pool Features: None
  • View: Trees/Woods
  • View: Yes
  • Waterfront: No
  • Construction Type: Other
  • Foundation Details: Slab
  • Other Structures: See Remarks, Other, Storage
  • Patio And Porch Features: Patio
  • Property Condition: Functional
  • Lot Features:Level: Yes
  • Construction Materials:Other7: Yes
  • Lot Features:Wooded: Yes
  • Patio And Porch Features:Patio: Yes
  • Exterior Features:See Remarks23: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Rural2: Yes
  • Exterior Features:Fire Pit: Yes
  • Lot Features:Steep Slope: Yes
  • Lot Features:Split Possible: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other, Unpaved
  • General Property Information:Garage YN: No
  • Parking Features:Unpaved: Yes
  • Parking Features:Other17: Yes

Utilities

  • Sewer: Septic Tank
  • Laundry Features: Laundry Closet
  • Utilities: Phone Available, Electricity Connected
  • Water Source: Private, Well
  • Sewer Septic Tank: Yes
  • Heating:Ductless2: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • Horse Amenities:None7: Yes

Schools

  • Elementary School: Tellico Plains
  • High School: Tellico Plains
  • Middle Or Junior School: Tellico Plains Jr High

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 522718.0
  • Parcel #: 138 01001 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 537.5
  • Tax Book Number: 395

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2024
Closed on
Mar 21, 2024
Sold by
Weresuk Peter Brook
Bought by
Kelsey Marco
Seller's Agent
Donna Baran
Starr Mountain Realty
Buyer's Agent
A NON-MEMBER
--NON-MEMBER OFFICE--
List Price
$305,000
Sold Price
$305,000
Views
50
Current Estimated Value
$264,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,436
Avg. Annual Appreciation
-9.53%

Purchase Details

Closed on
Mar 29, 2018
Sold by
Swartwood Garret P
Bought by
Weresuk Peter Brook

Purchase Details

Closed on
Sep 27, 2017
Sold by
Swartwood Garrett P
Bought by
Swartwood Garrett P

Purchase Details

Closed on
Sep 4, 1979
Bought by
Mason Alton
Source: Public Records

Range of Values:

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Average Value
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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
Kelsey Marco $305,000 None Listed On Document
Weresuk Peter Brook $20,500 None Available
Swartwood Garrett P $120,000 None Available
Mason Alton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelsey Marco $260,000
Previous Owner Weresuk Peter B $104,000
Previous Owner Weresuk Peter Brook $96,000
Previous Owner Mason Alton G $11,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2024 03/25/24 Sold $305,000 0.0% $460 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $305,000 -- $460 / Sq Ft
Source: River Counties Association of REALTORS®

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 $461 $30,250 $3,125 $27,125
2023 $461 $30,250 $3,125 $27,125
2022 $538 $24,000 $10,700 $13,300
2021 $538 $24,000 $10,700 $13,300
2020 $538 $24,000 $10,700 $13,300
2019 $350 $24,000 $10,700 $13,300
2018 $212 $10,700 $10,700 $0
2017 $224 $10,700 $10,700 $0
2016 $224 $10,700 $10,700 $0
2015 $224 $10,700 $10,700 $0
2014 -- $10,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donna Baran

    Seller's Agent in 2024

    Donna Baran

    Starr Mountain Realty

    (423) 836-1135

    76 Total Sales

    Donna Baran
    Section Image

  • A

    Buyer's Agent in 2024

    A NON-MEMBER

    --NON-MEMBER OFFICE--

See All Agents

Map

Source: River Counties Association of REALTORS®

MLS Number: 20240772

River Counties Association of REALTORS®

APN: 138-010.01

Tennessee Monroe County Tellico Plains 37385

1438 Rafter Rd, Tellico Plains, TN

This home is located at 1438 Rafter Rd, Tellico Plains, TN 37385 since 28 February 2024 and is currently estimated at $264,564, approximately $399 per square foot. This property was built in 2019. 1438 Rafter Rd is a home located in Monroe County with nearby schools including Tellico Plains Elementary School, Tellico Plains Junior High School, and Tellico Plains High School.

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.

River Counties Association of REALTORS® 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.

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