NOT LISTED FOR SALE

185 Pine Loop Dr Unit 260 Madisonville, TN 37354

Estimated Value: $89,000 - $100,000

0.7 Acre
$132,161 Price per Acre
30,492 Sq Ft Lot

Sale Details

Date Sold: June 16, 2023

Last sale price $70,000

Est. 32% increase in value since last sale

Current estimated payment $584 / mo

Highlights

  • Gated Community
  • Security Gate
  • No Heating
  • Wooded Lot
  • Paved or Partially Paved Lot

About This Lot

As of June 2023

Laurel Mountain Lakes is a gated community tucked away in the hills outside the quaint, small town of Tellico Plains. This property offers a 1,000 square foot garage on .7 acres. Temporary electric pole is in place with two 20 amp and one 30 amp for an RV. Septic system installed. Water is hooked up and a utility sink is installed in the garage along with a yard hydrant outside. This is the most buildable lot remaining in this peaceful gated mountain retreat. It gets plenty of sun while still having plenty of trees for privacy. Garage is constructed with Superior walls and foundation grade concrete forms. A house or unit could be built on top avoiding the cost of installing a foundation. Back portion of lot recently cleaned up, smoothed out and seeded. Some beautiful big oak trees along with apple and peach trees on the property. This property sits about halfway between Knoxville and Chattanooga and is a short drive to the Cherohala Skyway and the Dragons Tail. The Cherokee National Forest is short drive away. The area is known for excellent outdoor activities such as hiking, mountain biking, kayaking, fishing, hunting, motorcycle riding and more. Call for your personal tour today.
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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $219

Lot Details

  • 30,492 Sq Ft Lot
  • Lot Dimensions are 184'x168'x189'x164'
  • Paved or Partially Paved Lot
  • Level Lot
  • Wooded Lot

Community Details

  • Laurel Mountain Lakes Subdivision
  • Gated Community

Listing and Financial Details

  • Tax Lot 260
  • Assessor Parcel Number 115G D 03100 000

Property Details

Property Type

Land

Est. Annual Taxes

$219

Lot Details

0.7 Acres

Listing Details

  • Prop. Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Surface Type: Paved
  • Topography: Other,Wooded,Level
  • View: No
  • Waterfront: No

Utilities

  • Cooling Y N: No
  • Heating Yn: No
  • Security: Security Gate

Condo/Co-op/Association

  • Amenities: Gated
  • Senior Community: No

Lot Info

  • Lot Features: Other, Wooded, Level
  • Lot Size Acres: 0.7
  • Lot Size: 184'x168'x189'x164'
  • Lot Size Units: Acres
  • Parcel #: 115G D 03100 000

Tax Info

  • Tax Annual Amount: 219
  • Tax Lot: 260

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2023
Closed on
Jun 16, 2023
Sold by
Burditt James
Bought by
Grubb Joint Revocable Living Trust
List Price
$73,000
Sold Price
$70,000
Premium/Discount to List
-$3,000
-4.11%
Current Estimated Value
$92,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,513
Avg. Annual Appreciation
10.24%

Purchase Details

Listed on
Jun 22, 2021
Closed on
Sep 3, 2021
Sold by
Moses Roger S and Moses Nancy J
Bought by
Burditt James Daniel
Seller's Agent
Melissa Wiseman
Tellico Mountain Realty
List Price
$69,000
Sold Price
$60,000
Premium/Discount to List
-$9,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$45,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2015
Sold by
Culver George A
Bought by
Moses Roger S and Moses Nancy J

Purchase Details

Closed on
Dec 2, 2002
Sold by
Overhill Devl Co
Bought by
Culver George A

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
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Purchase History

Date Buyer Sale Price Title Company
Grubb Joint Revocable Living Trust $70,000 Skyway Title
Burditt James Daniel $60,000 None Available
Moses Roger S $24,000 --
Culver George A $16,000 --
Overhill Development Co Llc $104,000 --
Southeastern Land Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burditt James Daniel $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2023 06/16/23 Sold $70,000 -4.1% --
05/27/2023 05/27/23 Pending -- -- --
05/27/2023 05/27/23 For Sale $73,000 +21.7% --
09/03/2021 09/03/21 Sold $60,000 -13.0% -- View Prior Sale
06/22/2021 06/22/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $69,000 -- --
Source: Realtracs

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 3172373

Realtracs

APN: 115G-D-031.00

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