Seller's Agent in 2025
Belinda Bowers
Tennessee Home & Farm Real Estate
(661) 299-8941
84 Total Sales
224 Graves Ln Buchanan, TN 38222
3
Beds
5
Baths
3,115
Sq Ft
1.17
Acres
Highlights
- Lake Front
- Spa
- Great Room
- Boat Slip
- 2 Fireplaces
- No HOA
About This Home
As of August 2025TENNESSEE LAKE LIVING at its best on BEAUTIFUL KY LAKE! PRIVATE COVERED 2 SLIP DOCK. CUSTOM built in 2016, this luxury lake home offers splendid FRONT PORCH lake views and flows with timeless, French Country designer touches throughout that include SOLID WOOD floors, CUSTOM kitchen cabinets, stainless appliances, dreamy landscapes, ENCAPSULATED CRAWLSPACE, DETACHED WOODWORKING SHOP with half bath PLUS a 200AMP electrical panel. Relax OUTDOORS at the FIREPLACE AND SPA, and you're sure to enjoy the SPACIOUS SECOND LIVING AREA (34x22) UPSTAIRS with 2 additional bedrooms PLUS FAMILY FLEX ROOM above garage with PRIVATE BATH. This bonus space will make a great OFFICE, GYM, MEDIA ROOM or GUEST SUITE. A gentle walk to the private covered dock leads to the perfect place to launch summertime boating & fishing fun as well as a late day sunset while you cast a line and hope for the best catch of the day. Wonderful memories have been made here, and now it's your turn. You're gonna fall in love with this Kentucky Lake dream home.
Last Agent to Sell the Property
Tennessee Home & Farm Real Estate Brokerage Phone: 6612998941 License #358174 Listed on: 01/24/2025
Last Buyer's Agent
NONMLS NONMLS
License #2211
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,481
Year Built
- Built in 2016
Lot Details
- 1.17 Acre Lot
- Lake Front
- Year Round Access
- Back Yard Fenced
Parking
- 2 Car Attached Garage
- 5 Open Parking Spaces
- Circular Driveway
Home Design
- Hardboard
Interior Spaces
- 3,115 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- 2 Fireplaces
- Great Room
- Interior Storage Closet
- Tile Flooring
- Lake Views
- Crawl Space
Kitchen
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- Walk-In Closet
- In-Law or Guest Suite
- 5 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Spa
- Boat Slip
- Outdoor Storage
Schools
- Lakewood Elementary
- Henry Co High School
Utilities
- Cooling Available
- Central Heating
- Heating System Uses Natural Gas
- Septic Tank
- High Speed Internet
- Satellite Dish
Community Details
- No Home Owners Association
- Iris Cove S/D Subdivision
Listing and Financial Details
- Assessor Parcel Number 042K C 00400 000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 17, 2025
Closed on
Aug 13, 2025
Sold by
Cathey Marty L and Cathey Amy S
Bought by
Underwood Clinton B and Underwood Kimberly J
Seller's Agent
Belinda Bowers
Tennessee Home & Farm Real Estate
Buyer's Agent
Non-TVAR Agent
Non-TVAR Agency
List Price
$1,395,000
Sold Price
$1,150,000
Premium/Discount to List
-$245,000
-17.56%
Views
160
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-43.90%
Original Mortgage
$860,000
Outstanding Balance
$860,000
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$238,033
Purchase Details
Closed on
Sep 12, 2001
Sold by
Graves Richard F and Graves Marion
Bought by
Cathey Marty L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,150,000 | Reality Title | |
| Deed | $115,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $860,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $1,150,000 | -11.2% | $369 / Sq Ft |
| 08/02/2025 08/02/25 | Pending | -- | -- | -- |
| 04/16/2025 04/16/25 | Price Changed | $1,295,000 | -7.2% | $416 / Sq Ft |
| 01/17/2025 01/17/25 | For Sale | $1,395,000 | -- | $448 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $1,512 | $78,225 | $4,975 | $73,250 |
| 2023 | $1,481 | $78,225 | $4,975 | $73,250 |
| 2022 | $1,481 | $78,225 | $4,975 | $73,250 |
| 2021 | $1,481 | $78,225 | $4,975 | $73,250 |
| 2020 | $1,481 | $78,225 | $4,975 | $73,250 |
| 2019 | $1,422 | $67,975 | $4,975 | $63,000 |
| 2018 | $1,422 | $67,975 | $4,975 | $63,000 |
| 2017 | $1,422 | $67,975 | $4,975 | $63,000 |
| 2016 | $103 | $4,975 | $4,975 | $0 |
| 2015 | $109 | $4,975 | $4,975 | $0 |
| 2014 | $109 | $4,975 | $4,975 | $0 |
| 2013 | $109 | $4,973 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Belinda Bowers
-
Johnathon Bowers
Seller Co-Listing Agent in 2025
Johnathon Bowers
Tennessee Home & Farm Real Estate
(214) 236-1697
10 Total Sales
-
N
Buyer's Agent in 2025
Non-TVAR Agent
Non-TVAR Agency
Map
Source: Realtracs
MLS Number: 2782028
APN: 042K-C-004.00
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