NOT LISTED FOR SALE

1541 Covington Rd Dandridge, TN 37725

Estimated Value: $666,000 - $1,076,000

3 Beds
2 Baths
3,024 Sq Ft
$280/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $450,000 $149 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,714/month

138 Days on Market

Highlights

  • Barn
  • Waterfront
  • Lake Privileges
  • Garage Apartment
  • 7.56 Acre Lot
  • Partially Wooded Lot

About This Home

As of March 2018

Peace and quiet await you in this great lake getaway. This gorgeous log home sits on 7.5 acres and offers lots of room for family and friends. The open concept is great for entertaining with its stone gas fireplace, large kitchen, and vaulted ceilings. Outside there is a covered deck with lake views, fire pit area near the pond and waterfall, hot tub, and a fenced yard for your pets. This property also includes a large 4 car detached garaged with an apartment above which is perfect for in law's, guest suite, or a rental! There is also a large barn with 3 stalls and separate tack room for your horses! Too many other features in this home to list. Call today for your appointment to see this fantastic property!

Last Agent to Sell the Property

Tony Thomas

Weichert Realtors Tiger Real Estate License #303045 Listed on: 10/12/2017

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1992

Lot Details

  • 7.56 Acre Lot
  • Waterfront
  • Fenced Front Yard
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Property is in average condition

Parking

  • 3 Car Garage
  • 2 Carport Spaces
  • Garage Apartment
  • Gravel Driveway

Home Design

  • Log Cabin
  • Block Foundation
  • Log Walls
  • Metal Roof
  • Wood Siding
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Self Contained Fireplace Unit Or Insert
  • Gas Log Fireplace
  • Window Treatments
  • Wood Flooring
  • Water Views
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Gas Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Garage Access
  • Block Basement Construction

Outdoor Features

  • Lake Privileges
  • Patio
  • Shed
  • Outbuilding
  • Rear Porch

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Private Water Source
  • Water Softener is Owned
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 001.01

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,698

Year Built

Built in 1992

Lot Details

0

Parking

3

Listing Details

  • Directions: From downtown Dandridge turn right on 25/70 East to a right on Burchfield Rd.Follow Burchfield 2.25 miles to stop sign and turn left onto Waterfront Dr. Bear left at curve onto Old Chisholm Trail and then a right onto Covington Rd at the "Y".Driveway is on the right, 1541 on mailbox.Sign at entrance
  • Prop. Type: Residential
  • Year Built: 1992
  • Garage Carport Spaces: 2
  • Garage Garage Spaces: 3
  • Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Smoke Detector(s)
  • Reso Association Amenities: Spa/Hot Tub
  • Architectural Style: Log
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 7.56
  • General Property Description Zoning2: None
  • General Property Description Elementary School3: Out Of Area
  • General Property Description Middle School2: Out Of Area
  • General Property Description High School3: Out Of Area
  • General Property Description Lot Dimensions: IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 3024.0
  • General Property Description Above Grade SqFt: 2464.0
  • AC Central Air: Yes
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • General Property Description Parcel ID2: 001.01
  • General Property Description # Fireplaces: 1
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • Other Structures Outbuilding: Yes
  • Other Structures Shed(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Foundation Block6: Yes
  • Basement Heated2: Yes
  • View Water2: Yes
  • Roof Metal3: Yes
  • Property Condition Average: Yes
  • Other Structures Barn(s): Yes
  • Basement Block4: Yes
  • Appliances Dryer: Yes
  • Basement Garage Door: Yes
  • Other Structures Storage2: Yes
  • TopographyLot Description Part Wooded: Yes
  • Walls Log4: Yes
  • Heating Propane3: Yes
  • Fencing Front Yard: Yes
  • Water Private: Yes
  • Style Log3: Yes
  • Structure Type:House: Yes
  • Security Features:Smoke Detector(s): Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Range, Refrigerator, Water Softener Owned
  • Has Basement: Block, Concrete, Garage Door, Heated, Partially Finished, Walk-Out Access
  • Flooring: Hardwood
  • Interior Amenities: Solid Surface Counters
  • Window Features: Window Treatments
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 560.0
  • Fireplace Features: Gas Log, Insert
  • Fireplaces: 1
  • Total Bedrooms: 3
  • General Property Description Baths - Full: 2
  • Interior Features:Solid Surface Counters: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Gas Log: Yes
  • Basement:Partially Finished: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Concrete3: Yes
  • Appliances:Water Softener-Owned: Yes
  • Appliances:Gas Range: Yes
  • Fireplace:Fireplace Insert: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Other Structures: Barn(s), Outbuilding, Shed(s), Storage
  • View: Water
  • Waterfront Features: Lake Privileges
  • Fencing: Front Yard
  • Acres: 7.56
  • Topography: Part Wooded, Rolling Slope
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Log, Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Back, Porch
  • Exterior Finish Wood Siding: Yes
  • PorchPatioDeck Back: Yes
  • PorchPatioDeck Porch: Yes
  • Window Features:Window Treatments: Yes
  • Exterior Finish Log2: Yes
  • Waterfront Features:Lake Privileges: Yes

Garage/Parking

  • Parking Features: Attached, Detached, Gravel
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features:Gravel: Yes
  • Parking Features:Attached: Yes
  • Other Rooms:Garage Apartment: Yes
  • Parking Features:Detached: Yes

Utilities

  • Heating: Central, Forced Air, Propane
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Exterior Amenities:SpaHot Tub: Yes

Schools

  • Elementary School: Out Of Area
  • High School: Out Of Area
  • Middle Or Junior School: Out Of Area

Lot Info

  • Zoning: None
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 329313.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 001.01
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 1229

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2017
Closed on
Mar 29, 2018
Sold by
Rokavec Kevin and Rokavec Kathleen Ann
Bought by
Fredrich Crystal K and Geyer Timothy R
Seller's Agent
Tony Thomas
Weichert Realtors Tiger Real Estate
Buyer's Agent
Non Member
Non Member
List Price
$474,900
Sold Price
$450,000
Premium/Discount to List
-$24,900
-5.24%
Current Estimated Value
$845,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,775
Avg. Annual Appreciation
8.70%
Original Mortgage
$427,500
Outstanding Balance
$367,129
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$478,646

Purchase Details

Listed on
Feb 28, 2013
Closed on
Jun 18, 2014
Sold by
Muir Robert W
Bought by
Rokavec Kevin and Rokavec Kathleen Ann
Seller's Agent
TAMMY FRANKLIN
Franklin Realty
List Price
$549,900
Sold Price
$475,000
Premium/Discount to List
-$74,900
-13.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.44%
Original Mortgage
$475,696
Interest Rate
4.26%
Mortgage Type
VA

Purchase Details

Closed on
Oct 26, 2005
Sold by
Richard Ramsey
Bought by
Muir Robert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$321,750
Interest Rate
5.71%

Purchase Details

Closed on
May 1, 1989
Bought by
Ramsey Richard and Ramsey Linda

Purchase Details

Closed on
Jul 28, 1983
Bought by
Childress Patsy L

Purchase Details

Closed on
Feb 5, 1981
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
Fredrich Crystal K $450,000 Colonial Title Group Inc
Rokavec Kevin $475,000 --
Muir Robert W $495,000 --
Ramsey Richard $20,000 --
Childress Patsy L -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fredrich Crystal K $427,500
Previous Owner Rokavec Kevin $475,696
Previous Owner Not Available $321,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2018 03/30/18 Sold $450,000 -5.2% $149 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
10/12/2017 10/12/17 For Sale $474,900 0.0% $157 / Sq Ft
10/09/2017 10/09/17 Off Market $475,000 -- --
07/11/2014 07/11/14 Sold $475,000 -13.6% $220 / Sq Ft View Prior Sale
05/29/2014 05/29/14 Pending -- -- --
02/28/2013 02/28/13 For Sale $549,900 -- $254 / Sq Ft
Source: Tennessee/Virginia Regional 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
2025 $2,698 $190,425 $60,750 $129,675
2023 $2,698 $117,325 $0 $0
2022 $2,569 $117,325 $44,650 $72,675
2021 $2,569 $117,325 $44,650 $72,675
2020 $2,569 $117,325 $44,650 $72,675
2019 $2,569 $117,325 $44,650 $72,675
2018 $2,791 $118,775 $54,625 $64,150
2017 $2,791 $118,775 $54,625 $64,150
2016 $2,791 $118,775 $54,625 $64,150
2015 $2,791 $118,775 $54,625 $64,150
2014 $2,791 $118,775 $54,625 $64,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 398286

Tennessee/Virginia Regional MLS

APN: 077M-B-001.01