NOT LISTED FOR SALE

187 Michael Ln Madisonville, TN 37354

Estimated Value: $355,000 - $1,238,613

3 Beds
2 Baths
1,756 Sq Ft
$557/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $743,000 $423 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,706/month

173 Days on Market

Highlights

  • Barn
  • Countryside Views
  • Creek On Lot
  • 67.68 Acre Lot
  • Private Lot
  • Traditional Architecture

About This Home

As of March 2021

Hard to find hidden gem in East TN! All brick ranch home with 68+/- ACRES that are completely fenced & usable!!! From the moment you drive up, you will be AMAZED! The owner has meticulously maintained this property with the addition of all new barbwire fencing and 5 ritchie waterers. The 68+/- acres is mostly cleared & fairly level. Property also comes with 2 outbuildings and most importantly a barn that has water and electricity! It is currently used as a working farm. Inside you will taken back from the minute you walk in as the owners have installed new windows & completely remodeled the living room, kitchen, and dining room to a modern farmhouse style open concept with Gourmet Chefs kitchen to include gorgeous flooring, cabinets, granite countertops, massive island and SS appliances!

Last Agent to Sell the Property

Sherri Vanderkooy

CENTURY 21 Legacy License #285305 Listed on: 08/30/2020

CENTURY 21 Legacy

Co-Listed By

Michael Vanderkooy

CENTURY 21 Legacy License #335138

Last Buyer's Agent

Melissa Moree

Realty Executives Main Street

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,462

Year Built

  • Built in 1995

Lot Details

  • 67.68 Acre Lot
  • Chain Link Fence
  • Private Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,756 Sq Ft Home
  • Vinyl Clad Windows
  • Insulated Windows
  • Countryside Views
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Carport
  • Parking Available
  • Garage Door Opener

Outdoor Features

  • Creek On Lot
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage

Farming

  • Barn

Utilities

  • Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 9/11/20
  • Assessor Parcel Number 079 139.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,462

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Directions: Take Hwy 411 to Hwy 68 toward Tellico Plains to right on Michael Ln to driveway at end of subdivision and left at the split to house.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1995
  • Lot Size Acres: 67.68
  • Co List Office Mls Id: 2833
  • Co List Office Phone: 865-984-2121
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Vinyl, Windows - Insulated, Patio, Porch - Covered, Fence - Chain, Cable Available (TV Only), Doors - Storm
  • View: Country Setting
  • Lot Features: Creek, Private
  • Construction Type: Brick
  • Other Structures: Storage, Barn(s), Workshop

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, Carport, Main Level

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 2948140.8
  • Parcel #: 079 139.03
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2020-09-11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2020
Closed on
Mar 29, 2021
Sold by
Monger Steven L and Monger Jamie B
Bought by
Mccarthy John and Mccarthy Britney
Seller's Agent
Sherri Vanderkooy
CENTURY 21 Legacy
Buyer's Agent
Melissa Moree
Realty Executives Main Street
Sold Price
$743,000
Current Estimated Value
$978,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,903
Avg. Annual Appreciation
6.45%
Original Mortgage
$632,400
Outstanding Balance
$531,909
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$446,994

Purchase Details

Listed on
Mar 12, 2015
Closed on
May 15, 2015
Sold by
Garrett Donald D
Bought by
Monger Steven L and Monger Jamie B
Seller's Agent
Lisa Hunt
Realty Executives Associates
Buyer's Agent
Wayne Rutherford
Crye-Leike REALTORS® - Athens
Sold Price
$430,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$386,570
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 1998
Sold by
Garrett Donald D
Bought by
William Moore

Purchase Details

Closed on
Aug 8, 1996
Sold by
Donald Garrett
Bought by
Donald Garrett

Purchase Details

Closed on
Jul 25, 1996
Sold by
Tallent Calvin E
Bought by
Donald Garrett

Purchase Details

Closed on
Jan 2, 1991
Bought by
Parks Hiram Franklin
Source: Public Records

Range of Values:

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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
Mccarthy John $743,000 None Available
Monger Steven L $430,000 --
William Moore $9,000 --
Donald Garrett $11,000 --
Donald Garrett $155,000 --
Parks Hiram Franklin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy John $632,400
Previous Owner Monger Steven L $386,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2021 03/29/21 Sold $743,000 +72.8% $423 / Sq Ft
05/15/2015 05/15/15 Sold $430,000 -- $290 / Sq Ft
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
2024 $4,462 $293,000 $52,175 $240,825
2023 $1,434 $293,000 $52,175 $240,825
2022 $1,580 $70,550 $32,450 $38,100
2021 $1,580 $70,550 $32,450 $38,100
2020 $1,537 $68,650 $32,450 $36,200
2019 $1,359 $68,650 $32,450 $36,200
2018 $1,359 $68,650 $32,450 $36,200
2017 $1,376 $65,725 $30,625 $35,100
2016 $1,413 $67,450 $32,550 $34,900
2015 $1,413 $67,450 $32,550 $34,900
2014 $1,413 $67,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sherri Vanderkooy

    Seller's Agent in 2021

    Sherri Vanderkooy

    CENTURY 21 Legacy

    (865) 254-9251

    2 in this area

    155 Total Sales

    Sherri Vanderkooy
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Michael Vanderkooy

    CENTURY 21 Legacy

    (865) 661-9251

    3 in this area

    83 Total Sales

    Michael Vanderkooy
    Section Image

  • M

    Buyer's Agent in 2021

    Melissa Moree

    Realty Executives Main Street

  • Lisa Hunt

    Seller's Agent in 2015

    Lisa Hunt

    Realty Executives Associates

    (423) 807-7653

    25 in this area

    95 Total Sales

    Lisa Hunt
    Section Image

  • W

    Buyer's Agent in 2015

    Wayne Rutherford

    Crye-Leike REALTORS® - Athens

  • W

    Buyer's Agent in 2015

    Woody Hamilton

    Berkshire Hathaway HomeServices Realty Center

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1128238

East Tennessee REALTORS® MLS

APN: 079-139.03

Tennessee Monroe County Madisonville 37354

187 Michael Ln, Madisonville, TN

This home is located at 187 Michael Ln, Madisonville, TN 37354 since 30 August 2020 and is currently estimated at $978,903, approximately $557 per square foot. This property was built in 1995. 187 Michael Ln is a home located in Monroe County with nearby schools including Madisonville Primary School, Madisonville Intermediate School, and Madisonville Middle 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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