NOT LISTED FOR SALE

1474 Lake Louisa Loop Monteagle, TN 37356

Monteagle Area

Estimated Value: $806,122 - $1,578,000

3 Beds
5 Baths
3,072 Sq Ft
$349/Sq Ft Est. Value

Sale Details

Date Sold: January 11, 2024

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

Est. 29% decrease in value since last sale

Current estimated payment $6,910 / mo

137 Days on Market

Highlights

  • Lake Front
  • Guest House
  • Gated Community
  • Community Boat Dock
  • New Construction
  • 2.77 Acre Lot

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 Agent to Sell the Property

Ray Banks

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

Co-Listed By

Tom Banks

Monteagle Sewanee REALTORS Brokerage Phone: 9312353365 License # 331846

Last Buyer's Agent

Vikki Williams

Epique Realty License #342781

Epique Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $823

Year Built

  • Built in 2023 | New Construction

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

Schools

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

Utilities

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

Additional Features

  • Energy-Efficient Thermostat
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 050 00777 000

Community Details

Overview

  • Cooleys Rift Subdivision

Recreation

  • Community Boat Dock
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$823

Year Built

Built in 2023 | New Construction

Lot Details

2.77 Acres

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
  • New Construction: Yes
  • Building Stories: 3
  • Year Built Details: NEW
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Other
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2025
Sold by
Bought by
Current Estimated Value
$1,071,707

Purchase Details

Closed on
Jan 11, 2023
Sold by
Bought by

Purchase Details

Closed on
Apr 5, 2018
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,500,000 None Listed On Document
$205,000 None Available
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $196,150 $39,700 $156,450
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

    11 in this area

    81 Total Sales

    Ray Banks
    Section Image

  • T

    Seller Co-Listing Agent in 2024

    Tom Banks

    Monteagle Sewanee REALTORS

    (931) 636-6620

    6 in this area

    59 Total Sales

    Tom Banks
    Section Image
  • Vikki Williams

    Buyer's Agent in 2024

    Vikki Williams

    Epique Realty

    (850) 582-1122

    94 Total Sales

    Vikki Williams
    Section Image
See All Agents

Map

Source: Realtracs

MLS Number: 2559981

Realtracs

APN: 026050 00777

Tennessee Franklin County Monteagle 37356

1474 Lake Louisa Loop, Monteagle, TN

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.

Realtracs All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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