$88,000
SOLD APR 2, 2021

206 Hot Water Rd Tellico Plains, TN 37385

-- Bed
0.5 Bath
1,512 Sq Ft
0.87 Acres

Recently Sold

$58 Per Sq Ft

576 Days on Market

Highlights

  • Mountain View
  • Private Lot
  • Zoned Heating and Cooling System
  • Deck
  • Traditional Architecture
  • Wood Siding

About This Home

As of April 2021

See the Skyway Drone video, click Photos & click Virtual Tour. This was an art gallery and is ready for a remodel to turn it into a cozy home. The main level needs a full bath and the basement could be converted into more living space to bring the total sq. ft. to over 2300 sq ft. A well needs to be drilled and a septic is in and power is to the property. Other MLS # 20194841

Last Agent to Sell the Property

David Fankhauser

Skyway Realty Land & Homes License #268426 Listed on: 08/19/2019

Last Buyer's Agent

David Fankhauser

Skyway Realty Land & Homes License #268426 Listed on: 08/19/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,193

Year Built

  • Built in 1994

Lot Details

  • 0.87 Acre Lot
  • Private Lot

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • 1,512 Sq Ft Home
  • Traditional Architecture
  • Cottage
  • Wood Siding

Flooring

  • Carpet
  • Vinyl

Unfinished Basement

  • Walk-Out Basement
  • Exterior Basement Entry

Additional Features

  • 0.5 Bathroom
  • Deck
  • Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 188 034.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,193

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Directions: Take Hwy 68 to Hot Water Rd on the right. The property about 1/2 mile on right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1994
  • Lot Size Acres: 0.87
  • Lot Size: 0.87 ac
  • Architectural Style: Cottage, Traditional
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: None
  • Has Basement: Unfinished, Walkout, Outside Entr Only
  • Fireplace: No
  • Half Bathrooms: 1
  • Fireplace Features: None
  • Flooring: Carpet, Vinyl

Exterior Features

  • Exterior Features: Deck
  • View: Mountain View, Country Setting
  • Lot Features: Private
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

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

Lot Info

  • Lot Size Sq Ft: 37897.2
  • Parcel #: 188 034.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2019
Closed on
Apr 2, 2021
Sold by
Utfi Real Estate Llc
Bought by
Kerkenides Kraig Savas and Kerkenides Beckie Jean
Seller's Agent
David Fankhauser
Skyway Realty Land & Homes
Buyer's Agent
David Fankhauser
Skyway Realty Land & Homes
Sold Price
$88,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.82%

Purchase Details

Closed on
Jul 26, 2019
Sold by
Taylor Stephanie F
Bought by
Utfi Real Estate Llc

Purchase Details

Closed on
Jun 29, 2009
Sold by
Hodge William P
Bought by
Taylor Stephanie F
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $88,000 Radiant Title Llc
Warranty Deed $107,300 None Available
Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $80,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 Price Changed $400,000 -5.9% $174 / Sq Ft
06/11/2025 06/11/25 Price Changed $425,000 -5.6% $184 / Sq Ft
06/05/2025 06/05/25 For Sale $450,000 +411.4% $195 / Sq Ft
04/02/2021 04/02/21 Sold $88,000 -- $58 / 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 $1,193 $78,375 $8,325 $70,050
2023 $1,193 $78,375 $8,325 $70,050
2022 $960 $42,875 $6,650 $36,225
2021 $966 $49,280 $10,640 $38,640
2020 $966 $43,120 $4,480 $38,640
2019 $850 $42,920 $4,480 $38,440
2018 $850 $42,920 $4,480 $38,440
2017 $782 $37,360 $4,480 $32,880
2016 $782 $37,360 $4,480 $32,880
2015 $782 $37,360 $4,480 $32,880
2014 $782 $37,364 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Stoneburner

    Seller's Agent in 2025

    Jim Stoneburner

    Honors Real Estate Services LLC

    (865) 296-2732

    103 Total Sales

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  • David Fankhauser

    Seller's Agent in 2021

    David Fankhauser

    Skyway Realty Land & Homes

    (423) 241-2207

    241 Total Sales

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1091536

East Tennessee REALTORS® MLS

APN: 188-034.01

Tennessee Monroe County Tellico Plains 37385

206 Hot Water Rd, Tellico Plains, TN

This home is located at 206 Hot Water Rd, Tellico Plains, TN 37385 and is currently priced at $88,000, approximately $58 per square foot. This property was built in 1994. 206 Hot Water Rd is a home located in Monroe County with nearby schools including Coker Creek Elementary School and Tellico Plains High 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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