NOT LISTED FOR SALE

1474 Lake Louisa Loop Monteagle, TN 37356

Martin Springs Neighborhood

Estimated Value: $633,000 - $1,635,000

3 Beds
5 Baths
3,072 Sq Ft
$401/Sq Ft Est. Value

Last Sold January 11, 2024

Last sale price $1,500,000 $488 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $6,945/month

137 Days on Market

Highlights

  • Lake Front
  • Guest House
  • Deck
  • Boat Dock
  • 2.77 Acre Lot
  • Traditional Architecture

About This Home

As of January 2024

What is better than a lake house? A lake house with a detached 1200 sq ft guest cottage!! 2 Brand new houses and a 3-car garage, sits on almost 3 acres of forest on the private lake front of the Cooley's Rift gated community. The lake is 60 acres, loaded with fish and it is quiet as no gas-motors are allowed, only electric trolling motors.The land has been largely undisturbed for privacy and environmental benefits, there is an all-terrain trail down the side of the houses, a dock can be installed at the lakefront.Fiber internet is connected to the house along with an arm system. There is a separate un-developed 3 acre lake lot next to the property which is also available for sale with the houses. Please see attached document for Guest house details and Main house details.

Last Listed By

Ray Banks

Monteagle Sewanee REALTORS Brokerage Phone: 9312353365 License #312703 Listed on: 08/15/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $823

Year Built

  • Built in 2023

Lot Details

  • 2.77 Acre Lot
  • Lake Front
  • Sloped Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 3 Car Garage
  • 6 Open Parking Spaces
  • Garage Door Opener
  • Gravel Driveway

Home Design

  • Traditional Architecture
  • Shingle Roof

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Interior Storage Closet
  • Vinyl Flooring
  • Lake Views
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Smart Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Smart Lights or Controls
  • Fire and Smoke Detector

Outdoor Features

  • Dock Permitted
  • Deck
  • Covered patio or porch

Additional Homes

  • Guest House

Schools

  • Sewanee Elementary School
  • South Middle School
  • Franklin Co High School

Utilities

  • Dehumidifier
  • Humidifier
  • Heating Available
  • Underground Utilities
  • ENERGY STAR Qualified Water Heater
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 050 00777 000

Community Details

Overview

  • Cooleys Rift Subdivision

Recreation

  • Boat Dock
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$823

Year Built

Built in 2023

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2023
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • Attribution Contact: 9312353365
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Interior Amenities: Ceiling Fan(s), Dehumidifier, Extra Closets, High Speed Internet, Humidifier, Smart Appliance(s)
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: No
  • Flooring: Vinyl
  • Total Bedrooms: 3
  • Main Level Bedrooms: 1
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 1856
  • Below Grade Sq Ft: 1216
  • Building Area Units: Square Feet
  • Living Area: 3072
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Other

Exterior Features

  • Exterior Features: Dock Permit, Garage Door Opener, Carriage/Guest House, Smart Light(s)
  • Construction Type: Fiber Cement
  • Patio And Porch Features: Covered Porch, Deck, Porch
  • Pool Private: No
  • Roof: Shingle
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Open Parking Spaces: 6
  • Parking Features: Detached, Gravel
  • Total Parking Spaces: 9

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Security System, Smoke Detector(s)

Condo/Co-op/Association

  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Amenities: Boat Dock, Gated, Underground Utilities, Trail(s)
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Green Features

  • Efficiency: Energy Star Hot Water Heater, Windows, Thermostat

Lot Info

  • Lot Features: Sloped
  • Lot Size Acres: 2.77
  • Lot Size Units: Acres
  • Parcel #: 050 00777 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 823

MLS Schools

  • Elementary School: Sewanee Elementary
  • High School: Franklin Co High School
  • Middle Or Junior School: South Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2023
Sold by
Schionnemann Niels and Schionnemann Natasha
Bought by
Keeler Anne
Total Days on Market
137
Current Estimated Value
$1,232,643

Purchase Details

Closed on
Apr 5, 2018
Sold by
Rlf Cooleys Rift Properties Llc
Bought by
Schionnemann Niels and Giles Natasha

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
Keeler Anne $1,500,000 None Listed On Document
Schionnemann Niels $205,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold $1,500,000 -16.2% $488 / Sq Ft
12/30/2023 12/30/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $1,790,000 -- $583 / 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
2024 -- $196,150 $39,700 $156,450
2023 $744 $196,150 $39,700 $156,450
2022 $744 $43,875 $43,875 $0
2021 $482 $43,875 $43,875 $0
2020 $482 $16,750 $16,750 $0
2019 $448 $16,750 $16,750 $0
2018 $448 $16,750 $16,750 $0
Source: Public Records

Agents Affiliated with this Home

  • Ray Banks

    Seller's Agent in 2024

    Ray Banks

    Monteagle Sewanee REALTORS

    (931) 235-3365

    47 in this area

    137 Total Sales

    Ray Banks
    Section Image

  • T

    Seller Co-Listing Agent in 2024

    Tom Banks

    Monteagle Sewanee REALTORS

    (931) 636-6620

    19 in this area

    78 Total Sales

    Tom Banks
    Section Image
  • Vikki Williams

    Buyer's Agent in 2024

    Vikki Williams

    Epique Realty

    (850) 582-1122

    1 in this area

    112 Total Sales

    Vikki Williams
    Section Image
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Map

Source: Realtracs

MLS Number: 2559981

Realtracs

APN: 026050 00777

Tennessee Franklin County Monteagle 37356 Martin Springs

1474 Lake Louisa Loop, Monteagle, TN

Homes for Sale in Monteagle, TN

This home is located at 1474 Lake Louisa Loop, Monteagle, TN 37356 since 15 August 2023 and is currently estimated at $1,232,643, approximately $401 per square foot. This property was built in 2023. 1474 Lake Louisa Loop is a home located in Franklin County with nearby schools including Monteagle Elementary School, South Pittsburg Elementary School, and Jasper Elementary School.

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