NOT LISTED FOR SALE

216-2 Lake Cove Rd Mooresburg, TN 37811

Estimated Value: $171,000 - $268,000

3 Beds
2 Baths
1,508 Sq Ft
$150/Sq Ft Est. Value

Last Sold September 11, 2019

Last sale price $60,000 $40 Per Sq Ft

Est. 312% increase in value since last sale

Current estimated payment $1,415/month

415 Days on Market

Highlights

  • Lake View
  • Corner Lot
  • Enclosed Parking
  • Deck
  • No HOA
  • Porch

About This Home

As of September 2019

SO MUCH POTENTIAL!!! Two homes that could be used as summer vacation homes,or live in one and use the other as a quest house, or live in one and have rental income from the other. There are many ways to use this great property next to Cherokee Lake.My photos and comments just can't do this place justice. It is a truly MUST MUST SEE. This property has 2 beautiful homes. The first is a 3 bedroom, 2 bath 28x56 Champion. This home has been recently remodeled. The new master bath is nothing short of amazing along with new flooring and paint thru out the home. The heat pump is serviced yearly and home has all new Pex plumbing thru out. There is lots of room in the 12x20 workshop with electric. Home also features a 12x20 carport and a 12x30 RV carport that is 11' high with 30 amp electric, water and dump station. Sit back and enjoy the sunsets from the 8x12 3 season room on the back of home or enjoy the cool breeze under the shade tree on the 370 sgft deck. The second home is just as special. It's a 14x66 Clayton 2 bedroom and 2 full bath . All new carpet and vinyl thru out. The kitchen has lots of cabinet space and convenient pantry. The master bath features a double vanity with new top and faucets. The heat and air are also serviced every year. Home has a 12x20 carport, a 10x12 storage building and a 10x8 mower shed. Enjoy the views from the covered 8x12 front porch with ramp or the shaded 10x14 back deck with lake views. Both homes have ramps and are handicap access.

Last Agent to Sell the Property

Gary Roberts

Crye-Leike Lakeway Real Estate Listed on: 07/10/2018

Co-Listed By

Tony Thomas

Weichert, REALTORS- Tiger Real Estate, Morristown

Last Buyer's Agent

Gary Roberts

Crye-Leike Lakeway Real Estate Listed on: 07/10/2018

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $789

Year Built

  • Built in 1995

Lot Details

  • 1.5 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 1 Car Garage
  • Enclosed Parking
  • Detached Carport Space

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,508 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Lake Views
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Basement

  • Block Basement Construction
  • Crawl Space

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Additional Features

  • Enhanced Accessible Features
  • Manufactured Home

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 010.03

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$789

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Carport Y N: No
  • Year Built: 1995
  • Property Sub Type: Manufactured Home
  • Prop. Type: Residential
  • Lot Size Acres: 1.5
  • Lot Size: irr/irr/irr/irr
  • Subdivision Name: Other
  • Directions: From Morristown travel north on Hwy 25-E to right on Rocky Summit Road to right on Slate Hill Road to right on Lake Cove Road to home on right.
  • Above Grade Finished Sq Ft: 1508.0
  • Body Type: Double Wide
  • New Construction: No
  • Location Tax and Legal:Parcel Number2: 010.03
  • General Property Information:Lot Size Acres: 1.5
  • General Property Information:Lot Size Dimensions: irr/irr/irr/irr
  • General Property Information:Waterfront YN: No
  • Water Source:Public: Yes
  • General Property Information:Living Area2: 1508.0
  • General Property Information:Above Grade Finished Area: 1508.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Cooling:Heat Pump: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Levels:One: Yes
  • Roof:Shingle: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Vinyl: Yes
  • Other Structures:Small Storage: Yes
  • Security Features:Smoke Detector(s): Yes
  • Cooling:Electric: Yes
  • Flooring:Laminate: Yes
  • Laundry Features:Laundry Room: Yes
  • Laundry Features:Main Level: Yes
  • View:Lake3: Yes
  • Other Structures:Shed(s): Yes
  • Body Type:Double Wide: Yes
  • General Property Information:Enhanced Accessible2: Yes
  • Other Structures:Large Storage: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Vinyl
  • Appliances: Dishwasher, Electric Water Heater, Range
  • Basement: Block, Crawl Space
  • Levels: One
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1508.0
  • Window Features: Vinyl Frames, Window Treatments
  • Appliances Dishwasher: Yes
  • Basement:Block: Yes
  • Basement:Crawl Space: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Corner Lot, Level, Rolling Slope, Other
  • Waterfront: No
  • Home Warranty: No
  • Construction Type: Block, Vinyl Siding
  • Foundation Details: Block
  • Other Structures: Large Storage, Shed(s), Small Storage
  • Patio And Porch Features: Deck, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Other21: Yes
  • Window Features:Vinyl Frames: Yes
  • Window Features:Window Treatments: Yes
  • Lot Features:Corner Lot: Yes
  • Patio And Porch Features:Enclosed: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached Carport, Enclosed, Gravel
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • General Property Information:Carport YN: No
  • Parking Features:Gravel: Yes
  • Parking Features:Detached Carport: Yes

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 65340.0
  • Parcel #: 010.03
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 149

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2023
Sold by
Taylor Lonnie A and Taylor Shirley
Bought by
Perkins Tim and Perkins Tonya
Current Estimated Value
$247,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Outstanding Balance
$17,077
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$222,245

Purchase Details

Closed on
Jul 16, 2020
Sold by
Rushlow Ronald I
Bought by
Taylor Lonnie A and Taylor Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 10, 2018
Closed on
Sep 11, 2019
Sold by
Rushlow Ronald I
Bought by
Findley Thomas G and Findley Margie I
Seller's Agent
Gary Roberts
Crye-Leike Lakeway Real Estate
Buyer's Agent
Gary Roberts
Crye-Leike Lakeway Real Estate
List Price
$249,900
Sold Price
$60,000
Premium/Discount to List
-$189,900
-75.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.33%

Purchase Details

Closed on
Aug 3, 2016
Sold by
Rushlow Ronald I
Bought by
Rushlow Ronald I

Purchase Details

Closed on
Apr 5, 2011
Sold by
Rushlow Loretta
Bought by
Rushlow Ronald I

Purchase Details

Closed on
Sep 20, 2001
Sold by
Jerry Stubblefield
Bought by
Ronald Rushlow

Purchase Details

Closed on
Jan 13, 1998
Sold by
Jerry Stubblefield
Bought by
Ray Stubblefield Sr Jerry

Purchase Details

Closed on
Dec 1, 1995
Bought by
Stubblefield Jerry and Stubblefield Connie
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
Perkins Tim $39,000 Lakeway Title Services
Taylor Lonnie A $145,000 Lakeway Title Services
Findley Thomas G $60,000 Lakeway Title Services
Rushlow Ronald I -- --
Rushlow Ronald I -- --
Ronald Rushlow $26,500 --
Ray Stubblefield Sr Jerry -- --
Stubblefield Jerry $2,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perkins Tim $20,000
Open Taylor Lonnie A $128,846
Previous Owner Taylor Lonnie A $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2019 09/11/19 Sold $60,000 -76.0% $40 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
07/10/2018 07/10/18 For Sale $249,900 -- $166 / Sq Ft
Source: Lakeway Area Association of REALTORS®

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 $789 $30,875 $6,100 $24,775
2023 $778 $30,875 $0 $0
2022 $775 $33,450 $8,675 $24,775
2021 $725 $33,450 $8,675 $24,775
2020 $334 $33,450 $8,675 $24,775
2019 $356 $14,050 $8,675 $5,375
2018 $356 $14,050 $8,675 $5,375
2017 $356 $14,050 $8,675 $5,375
2016 $340 $13,425 $8,100 $5,325
2015 $331 $13,425 $8,100 $5,325
2014 $341 $13,825 $8,100 $5,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 579220

Lakeway Area Association of REALTORS®

APN: 149-010.03