NOT LISTED FOR SALE

198 Pine Loop Dr Madisonville, TN 37354

Estimated Value: $439,000 - $470,166

3 Beds
3.5 Baths
2,800 Sq Ft
$161/Sq Ft Est. Value

Last Sold January 14, 2020

Last sale price $250,000 $89 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $2,520/month

12 Days on Market

Highlights

  • Gated Community
  • Deck
  • Main Floor Primary Bedroom
  • Mountain View
  • Contemporary Architecture
  • 2 Fireplaces

About This Home

As of January 2020

Custom built home in gated mountain lake community with too many updates to name. Home features 2 master suites plus an additional spacious bedroom on the lower level with outdoor access from every bedroom. Granite counters, laminte hardwood floors throughout as well as a tongue and groove, knotty pine Cathedral Ceiling in the great room. Walk in closets, jetted tub and a covered front porch that spans the length of the home. Wood burning fireplace upstairs and gas fireplace downstairs. Back yard is fenced with fire pit and outdoor kitchen area where you can entertain family and friends all year long. Enjoy views of Laurel Mountain Lake from your own front porch! Be sure to also check out the public beach/swimming area with diving board and access to public dock and boat ramp. You do not want to miss the opportunity to see this beautiful home for yourself!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,017

Year Built

  • Built in 2007

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 156.29 x 120.03
  • Corner Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Mountain Views
  • Washer and Electric Dryer Hookup
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Home Security

  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 115G D 04900 000

Community Details

Overview

  • Association fees include insurance
  • Laurel Mtn Lakes Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,017

Year Built

Built in 2007

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 2007
  • Unit Levels: Two
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Microwave, Refrigerator, Oven
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Laminate, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 1800
  • Below Grade Sq Ft: 1000
  • Building Area Units: Square Feet
  • Living Area: 2800
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Balcony
  • Construction Type: Frame, Vinyl Siding, Other
  • Patio And Porch Features: Patio, Deck
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Attached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump, Propane
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Security Gate, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Insurance
  • Association Fee: 550
  • Association Fee Frequency: Annually
  • Amenities: Gated
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Features: Corner Lot, Rolling Slope
  • Lot Size Acres: 0.44
  • Lot Size: 156.29 X 120.03
  • Lot Size Units: Acres
  • Parcel #: 115G D 04900 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2025
Sold by
Phillips Steve L
Bought by
Phillips Steve L and Phillips Justin Alexander
Current Estimated Value
$451,542

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jan 2, 2020
Sold by
Russell John and Russell Lisa
Bought by
Phillips Steven and Phillips Lora
List Price
$250,000
Sold Price
$250,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.39%
Original Mortgage
$250,000
Interest Rate
3.7%
Mortgage Type
VA

Purchase Details

Listed on
May 5, 2015
Closed on
Jul 29, 2015
Sold by
Federal National Mortgage Association
Bought by
Russell John and Russell Lisa
Seller's Agent
Philip Rodgers
Century 21 Legacy
Buyer's Agent
Jennifer McBee
Realty Executives Associates
Sold Price
$157,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.99%

Purchase Details

Closed on
Apr 20, 2015
Sold by
Hommerding Gary
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 6, 2009
Sold by
Folmar Carl
Bought by
Hommerding Gary

Purchase Details

Closed on
Jun 22, 2006
Sold by
Overhill Development Compa
Bought by
Folmar Carl

Purchase Details

Closed on
Jun 19, 2006
Sold by
Overhill Development Co
Bought by
Folmar Carl

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
Phillips Steve L -- None Listed On Document
Phillips Steven $250,000 Admiral Title Inc
Russell John $157,000 --
Federal National Mortgage Association $163,400 --
Hommerding Gary $215,000 --
Folmar Carl $27,400 --
Folmar Carl $27,400 --
Overhill Development Co Llc $104,000 --
Southeastern Land Co -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Steven $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2020 01/14/20 Sold $250,000 0.0% $89 / Sq Ft
12/16/2019 12/16/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $250,000 +59.2% $89 / Sq Ft
07/31/2015 07/31/15 Sold $157,000 -- $58 / Sq Ft View Prior Sale
Source: Realtracs

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 $1,351 $88,725 $0 $0
2024 $1,351 $88,725 $5,000 $83,725
2023 $1,351 $88,725 $5,000 $83,725
2022 $1,228 $54,825 $5,000 $49,825
2021 $1,150 $51,350 $5,000 $46,350
2020 $1,150 $51,350 $5,000 $46,350
2019 $1,017 $51,350 $5,000 $46,350
2018 $1,017 $51,350 $5,000 $46,350
2017 $971 $46,375 $5,000 $41,375
2016 $971 $46,375 $5,000 $41,375
2015 $971 $46,375 $5,000 $41,375
2014 $971 $46,379 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2848175

Realtracs

APN: 115G-D-049.00