NOT LISTED FOR SALE

211 Petty Ln Mooresburg, TN 37811

Estimated Value: $647,000 - $1,785,000

3 Beds
5 Baths
4,800 Sq Ft
$286/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $1,400,000 $292 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,921/month

124 Days on Market

Highlights

  • Lake Front
  • 1.2 Acre Lot
  • Deck
  • Home Theater
  • Open Floorplan
  • Traditional Architecture

About This Home

As of September 2021

This luxury lakefront home was built to WOW you from the moment you pull up to the massive gate and see this custom timber frame home. Attention to detail is present throughout: oversized front door, foyer entry, open floor plan, timber frame accents throughout, floor to ceiling dual fireplace, cathedral ceilings, and walls of windows to soak in the majestic mountain and Cherokee Lake views! Chef's dream kitchen with distressed cabinets, 8 burner gas cookout, Viking appliance package, farm house sink, and quartz countertops. Master suite features white washed timbers with private entry to the deck, spacious walk-in closet with laundry, custom vanity with double sink, and oversized tiled shower. Main level also offers 1/2 bath and office space.

The spiral staircase leads you to the upper level where there are 2 additional bedrooms, each with its own en-suite bath and private balcony. Downstairs is an 1850+ sq ft garage for all your water toys as well as an exercise room, 1/2 bath, utility room with tons of storage, and a media room.

This home was designed with entertaining in mind. Nearly 1000 sq ft deck constructed from African Tiger Striped Wood offers ample room for outdoor dining and gatherings.

Your dream home is located on a protected channel of Cherokee Lake surrounded by TVA property -- meaning no new development! Situated on a 1.2 acre lot with privacy fence and gated entry, this lakefront home offers you peace and tranquility without an HOA.

Private showings are now available -- both in person and virtually.

Last Agent to Sell the Property

Amy Shrader

REMAX Real Estate Ten of Morristown License #324868 Listed on: 03/12/2021

REMAX Real Estate Ten of Morristown

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,352

Year Built

  • Built in 2016

Lot Details

  • 1.2 Acre Lot
  • Lake Front
  • Privacy Fence
  • Level Lot
  • Property is in good condition

Parking

  • 4 Car Detached Garage

Property Views

  • Water
  • Mountain

Home Design

  • Traditional Architecture
  • Cabin
  • Block Foundation
  • Wood Walls
  • Slate Roof
  • Log Siding
  • Stone Veneer

Interior Spaces

  • 4,800 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wired For Data
  • Stone Fireplace
  • Insulated Windows
  • Window Treatments
  • Entrance Foyer
  • Living Room with Fireplace
  • Home Theater
  • Home Office
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Shower Only

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Garage Access
  • Block Basement Construction
  • Stubbed For A Bathroom

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Grill

Schools

  • Mooresburg Elementary School
  • Rogersville Middle School
  • Cherokee High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 132 044.04

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,352

Year Built

Built in 2016

Lot Details

0

Parking

4

Listing Details

  • Directions: Highway 11W North to left on Hwy 31N. Right on Petty Ln. Home on left near end of road.
  • Prop. Type: Residential
  • Year Built: 2016
  • Garage Garage Spaces: 4
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Cabin, Traditional
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.2
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Mooresburg
  • General Property Description Middle School2: Rogersville
  • General Property Description High School3: Cherokee
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 4800.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 132 044.04
  • General Property Description # Fireplaces: 1
  • General Property Description Stories2: 1
  • Interior Features Shower Only: Yes
  • View Mountain(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities Cable Available: Yes
  • Foundation Block6: Yes
  • Basement Heated2: Yes
  • View Water2: Yes
  • Walls Wood3: Yes
  • Basement Block4: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Basement Garage Door: Yes
  • Fencing Privacy: Yes
  • RoofSlate: Yes
  • Levels One and One Half: Yes
  • Rooms:Office2: Yes
  • Structure Type:House: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Convection Oven, Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer
  • Has Basement: Block, Finished, Full, Garage Door, Heated, Plumbed
  • Flooring: Hardwood, Tile
  • Interior Amenities: Balcony, Entrance Foyer, Kitchen Island, Open Floorplan, Shower Only, Smoke Detector(s), Walk-In Closet(s), Wired for Data
  • Window Features: Insulated Windows, Window Treatments
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 924.0
  • Fireplace Features: Living Room, Stone
  • Fireplaces: 1
  • Total Bedrooms: 10
  • General Property Description Baths - Full: 3
  • InteriorFeatures:Smoke Detector(s): Yes
  • Appliances Dishwasher: Yes
  • General Property Description Baths - 12: 2
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Living Room: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Kitchen Island: Yes
  • Other Rooms:Utility Room: Yes
  • Full Basement: Yes
  • Basement:Basement Finished2: Yes
  • Appliances:Gas Range: Yes
  • Fireplace:Stone2: Yes
  • Interior Features:Wired for Data: Yes
  • Appliances:Convection Oven: Yes
  • Interior Features Balcony2: Yes
  • Other Rooms:Media Room: Yes
  • Basement:Plumbed: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Slate
  • View: Water, Mountain(s)
  • Waterfront Features: Lake Front
  • Exterior Features: Outdoor Grill
  • Fencing: Privacy
  • Acres: 1.2
  • Topography: {"Level":true}
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Log, Stone Veneer
  • Foundation Details: Block
  • Patio And Porch Features: Deck
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Deck: Yes
  • Exterior Finish Stone Veneer: Yes
  • Window Features:Window Treatments: Yes
  • Exterior Finish Log2: Yes
  • Exterior Features:Outdoor Grill: Yes
  • Waterfront Features:Lake Front: Yes

Garage/Parking

  • Parking Features: Detached
  • Sq Ft DetailsGarageDetachedSq Ft: 1024
  • Sq Ft DetailsGarageTotalSq Ft: 1024
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features:Detached: Yes

Utilities

  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Schools

  • Elementary School: Mooresburg
  • High School: Cherokee
  • Middle Or Junior School: Rogersville

Lot Info

  • Zoning: Residential
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 52272.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 132 044.04
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 1286

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Aug 18, 2021
Sold by
Carter Robert Bowman
Bought by
Beam Christopher and Beam Sandra
Seller's Agent
Amy Shrader
REMAX Real Estate Ten of Morristown
Buyer's Agent
Non Member
Non Member
List Price
$1,550,000
Sold Price
$1,400,000
Premium/Discount to List
-$150,000
-9.68%
Current Estimated Value
$1,371,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,017
Avg. Annual Appreciation
-0.52%
Original Mortgage
$1,120,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2018
Sold by
Carter Monica Eldridge
Bought by
Carter Robert Bowman

Purchase Details

Closed on
Nov 6, 2014
Sold by
Otis Eldridge and Le Katherine
Bought by
Carter Monica Eldridge and Carter Robert
Source: Public Records

Range of Values:

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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
Beam Christopher $1,400,000 Independence T&E Svcs Inc
Carter Robert Bowman -- None Available
Carter Monica Eldridge -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beam Christopher W $50,000
Previous Owner Beam Christopher $1,120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2021 09/30/21 Sold $1,400,000 -9.7% $292 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $1,550,000 -- $323 / Sq Ft
Source: Tennessee/Virginia Regional 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 $5,352 $230,900 $38,100 $192,800
2023 $5,368 $230,900 $0 $0
2022 $5,352 $230,900 $38,100 $192,800
2021 $5,005 $230,900 $38,100 $192,800
2020 $3,303 $230,900 $38,100 $192,800
2019 $3,303 $130,425 $5,400 $125,025
2018 $3,303 $130,425 $5,400 $125,025
2017 $3,303 $130,425 $5,400 $125,025
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9919484

Tennessee/Virginia Regional MLS

APN: 132 04404000