NOT LISTED FOR SALE

1587 Matlock Bend (Lot 5) Rd Loudon, TN 37774

Estimated Value: $238,893 - $384,000

1.84 Acres
$156,235 Price per Acre
80,150 Sq Ft Lot

Last Sold September 15, 2020

Last sale price $160,000

Est. 80% increase in value since last sale

Current estimated payment $1,658/month

20 Days on Market

Highlights

  • Lake Front
  • 1.84 Acre Lot
  • Lot Has A Rolling Slope

About This Lot

As of September 2020

Lot # 5 of five prime lakefront lots located on the main channel of Watts Bar lake. This lot is ready for your dream lakefront home with builder referrals available. Approved for 4 bedroom septic. Spectacular water front views with 93' water front shoreline. Shoreline qualifies for TVA Dock permit. Convenient access to I-75 and only 20 minutes to West Knoxville. Lot gently slopes from Matlock Bend Road to shoreline. Schedule a tour and request your information packet for more information.

Last Agent to Sell the Property

Chuck Fethe

Realty Executives Associates License #315761 Listed on: 06/22/2020

Realty Executives Associates

Co-Listed By

Susan Niedergeses

Realty Executives Associates License #327060

Realty Executives Associates

Last Buyer's Agent

Susan Niedergeses

Realty Executives Associates License #327060

Realty Executives Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $605

Year Built

  • 1955

Lot Details

  • 1.84 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope
  • Finished Lot(s)
  • Zoning described as Zoned Residential

Listing and Financial Details

  • Assessor Parcel Number 053 031 01500 000 2020

Community Details

Overview

  • Jim Purdy Subdivision

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$605

Year Built

1955

Lot Details

0

Listing Details

  • Directions: I-75 South to exit 72, right on Hwy 72 to 2nd Matlock bend Rd, Right on Matlock Bend to lot on your left.
  • Prop. Type: Lots & Acreage
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 1.84
  • Lot Size: ~164x547xIRR
  • Co List Office Mls Id: o131
  • Co List Office Phone: 865-693-3232
  • Subdivision Name: Jim Purdy Subdivision
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1955

Exterior Features

  • Lot Features: Lake Access, Lakefront, Rolling, Waterfront Access
  • Topography: {"Cleared":true}

Lot Info

  • Lot Size Sq Ft: 80150.4
  • Parcel #: 053 031 01500 000 2020
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Aug 31, 2020
Sold by
Surrett Douglas
Bought by
Bethune Greg and Niedergeses Susan
Seller's Agent
Chuck Fethe
Realty Executives Associates
Buyer's Agent
Susan Niedergeses
Realty Executives Associates
Sold Price
$160,000
Total Days on Market
20
Current Estimated Value
$287,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,473
Avg. Annual Appreciation
12.17%
Original Mortgage
$136,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2020
Closed on
Aug 28, 2020
Sold by
Surrett Douglas
Bought by
Buttermore Bradley S and Buttermore Becky L
Seller's Agent
Chuck Fethe
Realty Executives Associates
Buyer's Agent
Susan Niedergeses
Realty Executives Associates
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2003
Bought by
Purdy James P

Purchase Details

Closed on
Aug 7, 1998
Sold by
Barnett Charles F
Bought by
Allen Mcinturff R

Purchase Details

Closed on
May 25, 1995
Sold by
Barnett Charles F
Bought by
Deason Jacob K and Deason Evelyn K
Source: Public Records

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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
Bethune Greg $160,000 Southeastern Ttl & Abstract
Wedekind Keven Alois $155,000 Southeastern Ttl & Abstract
Cavanaugh Daniel $160,000 Southeastern Ttl & Abstract
Hart David $160,000 Southeastern Ttl & Abstract
Buttermore Bradley S $160,000 Southeastern Ttl & Abstract
Purdy James P $200,000 --
Allen Mcinturff R $107,500 --
Deason Jacob K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hart David $136,000
Previous Owner Buttermore Bradley S $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $160,000 -- --
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
2023 $605 $39,825 $0 $0
2022 $605 $39,825 $39,825 $0
2021 $605 $39,825 $39,825 $0
2020 $1,173 $39,825 $39,825 $0
2019 $1,173 $65,050 $65,050 $0
2018 $1,173 $65,050 $65,050 $0
2017 $1,173 $65,050 $65,050 $0
2016 $928 $49,925 $49,925 $0
2015 $928 $49,925 $49,925 $0
2014 $928 $49,925 $49,925 $0
Source: Public Records

Agents Affiliated with this Home

  • Chuck Fethe

    Seller's Agent in 2020

    Chuck Fethe

    Realty Executives Associates

    (865) 719-1290

    6 in this area

    136 Total Sales

    Chuck Fethe
    Section Image

  • S

    Seller Co-Listing Agent in 2020

    Susan Niedergeses

    Realty Executives Associates

    (865) 300-4722

    5 in this area

    55 Total Sales

    Susan Niedergeses
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1120866

East Tennessee REALTORS® MLS

APN: 031-015.00

Tennessee Loudon County Loudon 37774

1587 Matlock Bend (Lot 5) Rd, Loudon, TN

This home is located at 1587 Matlock Bend (Lot 5) Rd, Loudon, TN 37774 since 22 June 2020 and is currently estimated at $287,473. This property was built in 1955. 1587 Matlock Bend (Lot 5) Rd is a home located in Loudon County with nearby schools including Loudon 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.

East Tennessee REALTORS® MLS 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.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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