F
Seller's Agent in 2021
Felix Valdes
Cherokee Lake Realty
(865) 471-8222
247 Total Sales
233 Sequoyah Trail Rutledge, TN 37861
Estimated Value: $421,000 - $535,000
2
Beds
2
Baths
1,680
Sq Ft
$285/Sq Ft
Est. Value
Highlights
- Lake Front
- Lake Privileges
- Wooded Lot
- Docks
- Deck
- Whirlpool Bathtub
About This Home
As of July 2021How would you like to own a classic, bungalow style, lakefront home on Cherokee Lake that you can live in full-time? Or use it as a vacation home? Or as a short-term rental with Airbnb or VRBO and start making an immediate return on your investment? The choice is yours, this home checks all the boxes. This is a rare opportunity to purchase a lakefront home on Cherokee Lake at a great price. The home was built in 2010, sold as a foreclosure in 2016, and renovated by the current owners. The gravel driveway has a keypad gate and remote-control access to the property. The wrap-around covered deck provides amazing views of Cherokee Lake. A large master bedroom/bathroom, with walk in closets. A second bedroom. A third room that may be used as additional sleeping quarters, an office, or for storage. A second bathroom next to both rooms. An island kitchen with stainless steel appliances installed in 2017. Floors are waterproof vinyl plank and tile for easy maintenance. No carpet. A long-lasting metal roof. The gutters and leaf guards were installed in 2019. A 4-ton energy efficient heat pump was installed in 2017. And, unlike most homes in the area, this home has access to city water. No well to fool with. As a bonus, the property comes with a large dock, built in 2018, on year-round deep water. Take your boat out any time of the year! The home is all one level, so there are no stairs to climb. There is some exterior elevation, this is where you pick up the incredible lake views. So, walking down to the dock may present a challenge for some folks. The listing agent of the property is a “senior” and he can walk it without any challenges. But adding some steps leading to the dock would be a nice addition for the new owners. As a vacation home, the property provides a wonderful getaway. The views are breath-taking. As a vacation rental, the home can be equipped to sleep 8-10. No HOA or restrictions to deal with. Whatever your choice, start Living the Lake Life!
Last Agent to Sell the Property
Cherokee Lake Realty License #314535 Listed on: 06/05/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,667
Year Built
- Built in 2011
Lot Details
- 1 Acre Lot
- Lake Front
- Fenced
- Level Lot
- Wooded Lot
Property Views
- Lake
- Mountain
Home Design
- Bungalow
- Block Foundation
- Wood Siding
- Vinyl Siding
Interior Spaces
- 1,680 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Metal Fireplace
- Double Pane Windows
- Vinyl Clad Windows
- Tilt-In Windows
- Drapes & Rods
- Living Room
- Bonus Room
- Fire and Smoke Detector
Kitchen
- Convection Oven
- Electric Range
- Microwave
- Dishwasher
- Solid Surface Countertops
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Whirlpool Bathtub
Laundry
- Laundry Room
- Laundry on main level
- Washer Hookup
Basement
- Block Basement Construction
- Crawl Space
Outdoor Features
- Docks
- Lake Privileges
- Deck
- Covered Patio or Porch
Utilities
- Cooling Available
- Heat Pump System
- Natural Gas Not Available
- Electric Water Heater
- Septic Tank
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 11.04
Community Details
Overview
- No Home Owners Association
- Cherokee Estate Subdivision
Amenities
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2021
Closed on
Jul 19, 2021
Sold by
Woodby Kelvin Lee and Woodby Denise Yvette
Bought by
Sprague Keith W and Sprague Cynthia A
Seller's Agent
Felix Valdes
Cherokee Lake Realty
Buyer's Agent
ANGELA VINEYARD
The Real Estate Firm, Inc
List Price
$359,900
Sold Price
$375,000
Premium/Discount to List
$15,100
4.2%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,104
Avg. Annual Appreciation
7.45%
Purchase Details
Listed on
Mar 28, 2016
Closed on
Sep 7, 2016
Sold by
Ornl Federal Cr Un
Bought by
Woodby Kelvin Lee and Woodby Denise Yvette
Seller's Agent
Ira Smith
Slyman Real Estate
Buyer's Agent
Ira Smith
Slyman Real Estate
Sold Price
$132,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.91%
Purchase Details
Closed on
Jan 7, 2016
Sold by
Field Mark
Bought by
Ornl Federal Credit Union Attn Jimmy Mount Re
Purchase Details
Closed on
Mar 21, 2010
Sold by
White Carla Denise
Bought by
Field Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.06%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 6, 2005
Sold by
Field Carl Clarence
Bought by
Field Carl Clarence
Purchase Details
Closed on
Jan 29, 2002
Sold by
Burnett Judy L
Bought by
Field Carl C
Purchase Details
Closed on
Jul 24, 1998
Sold by
Burnett Judy L
Bought by
Burnette Judy L
Purchase Details
Closed on
Jun 26, 1998
Bought by
Burnett Judy L
Purchase Details
Closed on
Nov 23, 1992
Purchase Details
Closed on
Jun 22, 1990
Bought by
Owens Marie
Purchase Details
Closed on
Feb 13, 1987
Bought by
Owens Marie
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sprague Keith W | $375,000 | 7 Title | |
| Woodby Kelvin Lee | $132,000 | -- | |
| Ornl Federal Credit Union Attn Jimmy Mount Re | $136,000 | -- | |
| Field Mark | -- | -- | |
| Field Carl Clarence | -- | -- | |
| Field Carl C | -- | -- | |
| Burnette Judy L | $21,450 | -- | |
| Burnett Judy L | $21,500 | -- | |
| -- | $4,000 | -- | |
| Owens Marie | -- | -- | |
| Owens Marie | $8,500 | -- | |
| Owens Marie | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2021 07/19/21 | Sold | $375,000 | +4.2% | $223 / Sq Ft |
| 07/02/2021 07/02/21 | Pending | -- | -- | -- |
| 06/05/2021 06/05/21 | For Sale | $359,900 | +172.7% | $214 / Sq Ft |
| 09/07/2016 09/07/16 | Sold | $132,000 | -- | $79 / Sq Ft |
Source: Lakeway Area Association of REALTORS®
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 | $1,526 | $64,925 | $14,875 | $50,050 |
| 2023 | $1,526 | $64,925 | $14,875 | $50,050 |
| 2022 | $1,491 | $64,925 | $14,875 | $50,050 |
| 2021 | $1,491 | $64,925 | $14,875 | $50,050 |
| 2020 | $1,666 | $64,925 | $14,875 | $50,050 |
| 2019 | $1,666 | $59,500 | $17,000 | $42,500 |
| 2018 | $1,440 | $59,500 | $17,000 | $42,500 |
| 2017 | $1,440 | $59,500 | $17,000 | $42,500 |
| 2016 | $1,440 | $59,500 | $17,000 | $42,500 |
| 2015 | $1,420 | $59,500 | $17,000 | $42,500 |
| 2014 | $1,420 | $56,815 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Felix Valdes
-
ANGELA VINEYARD
Buyer's Agent in 2021
ANGELA VINEYARD
The Real Estate Firm, Inc
(865) 337-4933
24 Total Sales
-
M
Buyer's Agent in 2021
MICHAEL ROGERS
MERCURY APPRAISALS, INC.
-
Ira Smith
Seller's Agent in 2016
Ira Smith
Slyman Real Estate
(865) 679-5013
79 Total Sales
-
B
Buyer's Agent in 2016
Becky Epperson
Investor Real Estate Services
Map
Source: Lakeway Area Association of REALTORS®
MLS Number: 602655
APN: 083-011.04
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