NOT LISTED FOR SALE

1985 Lake Louisa Loop Monteagle, TN 37356

Monteagle Area

Estimated Value: $460,114

1 Bed
1 Bath
1,166 Sq Ft
$395/Sq Ft Est. Value

Sale Details

Date Sold: April 17, 2025

Last sale price $489,000 $419 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,607 / mo

4 Days on Market

Highlights

  • Gated Community
  • Deck
  • Wood Flooring
  • 5.55 Acre Lot
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of April 2025

Cooleys Rift Cottage and spacious garage with barn for storage. One bed , one bath with loft area, spacious bonus room shares the outside views. Large decking and walkway along side house. House was built with a place to add another suite if needed. Outside sauna and hot tub with bar/shed.. Enjoy the quietness and solitude on over 5 acres of woods . Near the lake and hiking trails, perfect base for enjoy all the mountain has to offer. Mountain Goat Trail runs across the front of the development, bike to Monteagle or Sewanee. Caverns are just off the mountain, Chattanooga 40 minutes, Nashville just a little over an hour away. High speed internet. Natural gas at roadway if desired. Quality construction By Flowers.

Last Agent to Sell the Property

Ray Banks

Monteagle Sewanee REALTORS Brokerage Phone: 9312353365 License #312703 Listed on: 01/13/2025

Co-Listed By

Tom Banks

Monteagle Sewanee REALTORS Brokerage Phone: 9312353365 License # 331846

Last Buyer's Agent

Mandi Oakes

Fridrich & Clark Realty License #359868

Fridrich & Clark Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,332

Year Built

  • Built in 2019

Lot Details

  • 5.55 Acre Lot
  • Wooded Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 4 Car Garage

Home Design

  • Cottage
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,166 Sq Ft Home
  • Property has 2 Levels
  • Crawl Space

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Sewanee Elementary School
  • South Middle School
  • Franklin Co High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

  • Tax Lot 53
  • Assessor Parcel Number 050 00731 000

Community Details

Overview

  • $260 One-Time Secondary Association Fee
  • Cooleys Rift Ph III Subdivision

Recreation

  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,332

Year Built

Built in 2019

Lot Details

5.55 Acres

HOA Fees

$100 per month

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Cottage
  • Year Built: 2019
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor, High Speed Internet
  • Appliances: Dryer, Refrigerator, Washer, Electric Oven, Electric Range
  • Fireplace: No
  • Flooring: Wood, Tile
  • Total Bedrooms: 1
  • Main Level Bedrooms: 1
  • Full Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1166
  • Building Area Units: Square Feet
  • Living Area: 1166
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame, Masonite
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Association Fee: 100
  • Association #2 Fee: 260
  • Association #2 Fee Frequency: One Time
  • Association Fee Frequency: Monthly
  • Amenities: Gated, Trail(s)
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Wooded
  • Lot Size Acres: 5.55
  • Lot Size Units: Acres
  • Parcel #: 050 00731 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1332
  • Tax Lot: 53

MLS Schools

  • Elementary School: Sewanee Elementary
  • High School: Franklin Co High School
  • Middle Or Junior School: South Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2025
Closed on
Apr 17, 2025
Sold by
Bought by
Seller's Agent
Ray Banks
Monteagle Sewanee REALTORS
Buyer's Agent
Mandi Oakes
Fridrich & Clark Realty
List Price
$489,000
Sold Price
$489,000
Views
10
Current Estimated Value
$460,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,886
Avg. Annual Appreciation
-4.68%

Purchase Details

Closed on
Oct 19, 2018
Sold by
Bought by

Purchase Details

Closed on
Apr 6, 2015
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$489,000 Sovereign Title
$35,000 None Available
$2,150,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/17/2025 04/17/25 Sold $489,000 0.0% $419 / Sq Ft
01/17/2025 01/17/25 Pending -- -- --
01/13/2025 01/13/25 For Sale $489,000 -- $419 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $65,950 $17,950 $48,000
2024 $0 $65,950 $17,950 $48,000
2023 $1,358 $66,775 $17,950 $48,825
2022 $1,358 $72,400 $33,375 $39,025
2021 $1,375 $72,400 $33,375 $39,025
2020 $1,375 $47,750 $22,300 $25,450
2019 $183 $32,300 $6,850 $25,450
2018 $183 $6,850 $6,850 $0
2017 $183 $6,850 $6,850 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: RTC2777733

Realtracs

APN: 050 00731000

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