NOT LISTED FOR SALE

173 Pine Loop Dr Madisonville, TN 37354

Estimated Value: $363,000 - $401,000

3 Beds
3 Baths
1,993 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 01, 2017

Last sale price $170,000 $85 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $2,063/month

58 Days on Market

Highlights

  • Boat Ramp
  • Lake On Lot
  • Waterfront
  • Access To Lake
  • Gated Community
  • Countryside Views

About This Home

As of August 2017

Set in a pristine lake/mtn community close to Cherohala Skyway, the Cherokee Nat'l Forest, Tellico Lake AND river, this immaculate log cabin is an ideal getaway or permanent residence. Front and back decks, large level lot, access to a 60 acre spring fed lake, surrounded by mountains. Gated community with low POA fees, beach, boat launch,(only electric motors)boat storage and picnic pavilion. The house has lots of light, lots of room,2+ car garage to store toys, Oak cabinets, newer appliances, granite tile countertop. Large master with master bath, lovely stone fireplace, hardwood floors. House shows beautifully.

Last Agent to Sell the Property

Diane Tomek

Norman Lee Real Estate License #277905 Listed on: 04/25/2017

Last Buyer's Agent

Elizabeth Hannan

Skyway Realty Land & Homes License #225660

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • Waterfront
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Basement Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Chalet
  • Log Cabin
  • Log Siding

Interior Spaces

  • 1,993 Sq Ft Home
  • 2 Fireplaces
  • Free Standing Fireplace
  • Ventless Fireplace
  • Gas Log Fireplace
  • Stone Fireplace
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Recreation Room
  • Bonus Room
  • Countryside Views
  • Finished Basement
  • Recreation or Family Area in Basement
  • Attic Fan
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Boat Ramp
  • Lake On Lot
  • Lake Property
  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 115g D 034.00

Community Details

Overview

  • Association fees include trash, security
  • Laurel Mountain Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Directions: Rt 68 to left on Bethleham, left on Big Creek, Left on Laurel Creek
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2008
  • Subdivision Name: Laurel Mountain
  • Architectural Style: Cabin, Log, Chalet
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • Lot Description:Lake Access: Yes
  • Lot Description:Waterfront Access: Yes
  • Contract Info:List PriceSqFt2: 90.26
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1606.0
  • General Property Description:SqFt - Down Lvl: 387.0
  • General Property Description:_pound_ Fireplace: 2.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: No
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Lot Description:Private: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Percent Basement Finished: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • Fireplace Free Standing: Yes
  • Style:Log3: Yes
  • Siding:Log2: Yes
  • Cooling:Attic Fan: Yes
  • Lot Description:Man-Made Lake: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Free Standing, Ventless, Gas Log
  • Fireplaces: 2
  • Flooring: Hardwood, Tile
  • Fireplace:Gas Log: Yes
  • Appliances Range: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Basement Rec Room: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Breakfast Room: Yes
  • Other Rooms:Split Bedroom: Yes
  • Fireplace:Stone2: Yes
  • Other Rooms:_two_nd Rec Room: Yes
  • Fireplace:Ventless: Yes

Exterior Features

  • Exterior Features: Deck, Boat - Ramp
  • View: Country Setting
  • Lot Features: Waterfront Access, Private, Man-Made Lake, Lake Access, Wooded, Rolling Slope
  • Construction Type: Log
  • Exterior Features:Deck: Yes
  • Construction:Log: Yes
  • Exterior Features:Boat - Ramp: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Attached, Basement, Side/Rear Entry, Off-Street Parking
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Basement4: Yes
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:SideRear Entry: Yes

Utilities

  • Cooling: Attic Fan, Central Cooling
  • Security: Gated Community
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse
  • Association Fee: 600.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Community Amenities:Gated Community: Yes
  • Community Amenities:Club House2: Yes
  • Community Amenities:Boat Ramp: Yes
  • Community Amenities:Dock2: Yes
  • Community Amenities:Lake Access2: Yes
  • Community Amenities:PicnicBarbeque Area: Yes
  • Association Fee Incl:Trash: Yes
  • Association Fee Incl:Security3: Yes

Fee Information

  • Association Fee Includes: Trash, Security

Lot Info

  • Parcel #: 115g D 034.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2017
Closed on
Aug 1, 2017
Sold by
Ergle Thomas and Ergle Pamela
Bought by
Weigel James F and Weigel Susan Gayle
Seller's Agent
Diane Tomek
Norman Lee Real Estate
Buyer's Agent
Elizabeth Hannan
Skyway Realty Land & Homes
Sold Price
$170,000
Current Estimated Value
$368,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,096
Avg. Annual Appreciation
9.97%

Purchase Details

Listed on
Jul 9, 2014
Closed on
Jan 28, 2015
Sold by
Phillips Gerald S
Bought by
Ergle Thomas and Ergle Pamela
Seller's Agent
Dick Johnson
Century 21 Howe Realty & Auct.
Buyer's Agent
Dick Johnson
Century 21 Howe Realty & Auct.
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%
Original Mortgage
$121,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2014
Sold by
Gouge Larry
Bought by
Phillips Gerald S and Phillips Milissa J

Purchase Details

Closed on
Apr 30, 2013
Sold by
Ranch 19 Corp
Bought by
Kalaj Luigi

Purchase Details

Closed on
Jul 27, 2011
Sold by
Phillips Gerald S
Bought by
Gouge Larry and Gouge Jennifer

Purchase Details

Closed on
Apr 10, 2007
Sold by
Overhill Development Compa
Bought by
Phillips Gerald S

Purchase Details

Closed on
Dec 16, 1999
Bought by
Overhill Development Co Llc

Purchase Details

Closed on
Apr 1, 1966
Bought by
Southeastern Land Co
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

Date Buyer Sale Price Title Company
Weigel James F $170,000 None Available
Ergle Thomas $135,000 --
Phillips Gerald S $140,000 --
Kalaj Luigi -- --
Gouge Larry $180,000 --
Phillips Gerald S $25,900 --
Overhill Development Co Llc $104,000 --
Southeastern Land Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ergle Thomas $121,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/01/2017 08/01/17 Sold $170,000 +25.9% $85 / Sq Ft
01/30/2015 01/30/15 Sold $135,000 -- $56 / Sq Ft View Prior Sale
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
2025 $1,010 $66,325 $0 $0
2024 $1,010 $66,325 $5,050 $61,275
2023 $1,010 $66,325 $5,050 $61,275
2022 $938 $41,875 $5,000 $36,875
2021 $954 $42,600 $5,000 $37,600
2020 $954 $42,600 $5,000 $37,600
2019 $843 $42,600 $5,000 $37,600
2018 $843 $42,600 $5,000 $37,600
2017 $999 $47,700 $5,000 $42,700
2016 $999 $47,700 $5,000 $42,700
2015 $999 $47,700 $5,000 $42,700
2014 $999 $47,709 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1000201

East Tennessee REALTORS® MLS

APN: 115G-D-034.00