NOT LISTED FOR SALE

240 Cherokee Cir Madisonville, TN 37354

Estimated Value: $339,507 - $389,000

3 Beds
2.5 Baths
2,250 Sq Ft
$164/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $177,000 $79 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $2,025/month

16 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Central Air
  • Traditional Architecture
  • Covered Patio or Porch
  • Heat Pump System

About This Home

As of July 2016

This move in ready home needs nothing. 3 bedrooms 2 baths. Upstairs. Covered deck with a perfect mountain view. The basement has a finished den and 1/2 bath with the laundry room. The shop has the walk out shelves in perfect condition.

Last Agent to Sell the Property

James Lee

Norman Lee Real Estate License #014349 Listed on: 06/09/2016

Last Buyer's Agent

Marion Curtis

Mark Gibson Appraisal Service License #244264

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,066

Year Built

  • Built in 1987

Lot Details

  • 0.92

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Rough-In Plumbing

Interior Spaces

  • 2,250 Sq Ft Home
  • Insulated Windows
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Arrowhead Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 055d C 001.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,066

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Directions: Turn into Arrowhead Estates, go to top of hill, house on left. S.O.P.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1987
  • Subdivision Name: Arrowhead Estates
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Refrigerator
  • Has Basement: Finished, Plumbed, Walkout
  • Fireplace: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Carpet, Hardwood
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Insulated, Porch - Covered
  • View: Mountain View
  • Construction Type: Brick

Utilities

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

Lot Info

  • Parcel #: 055d C 001.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2016
Closed on
Jul 29, 2016
Sold by
Wendt Robert
Bought by
Vickery Patricia and Vickery John J
Seller's Agent
James Lee
Norman Lee Real Estate
Buyer's Agent
Marion Curtis
Mark Gibson Appraisal Service
Sold Price
$177,000
Current Estimated Value
$369,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,127
Avg. Annual Appreciation
8.27%
Original Mortgage
$177,000
Outstanding Balance
$140,842
Interest Rate
3.48%
Mortgage Type
VA
Estimated Equity
$228,285

Purchase Details

Closed on
Apr 23, 2002
Sold by
Work Barbara
Bought by
Wendt Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
7.16%

Purchase Details

Closed on
Jun 13, 1987
Bought by
Work Richard and Work Barbara

Purchase Details

Closed on
Oct 18, 1984

Purchase Details

Closed on
Mar 23, 1981

Purchase Details

Closed on
Jan 3, 1978
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vickery Patricia $177,000 --
Wendt Robert $122,500 --
Work Richard -- --
-- -- --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vickery Patricia $177,000
Previous Owner Not Available $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2016 07/29/16 Sold $177,000 -- $79 / 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
2025 $1,066 $71,475 $0 $0
2024 $1,066 $70,000 $8,750 $61,250
2023 $1,066 $70,000 $8,750 $61,250
2022 $931 $41,550 $5,625 $35,925
2021 $931 $41,550 $5,625 $35,925
2020 $931 $41,550 $5,625 $35,925
2019 $823 $41,550 $5,625 $35,925
2018 $823 $41,550 $5,625 $35,925
2017 $695 $33,200 $4,000 $29,200
2016 $695 $33,200 $4,000 $29,200
2015 $695 $33,200 $4,000 $29,200
2014 $696 $33,212 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Lee

    Seller's Agent in 2016

    James Lee

    Norman Lee Real Estate

    (423) 519-0700

    80 in this area

    152 Total Sales

    James Lee
    Section Image

  • M

    Buyer's Agent in 2016

    Marion Curtis

    Mark Gibson Appraisal Service

  • J

    Buyer's Agent in 2016

    Joan Champion

    Tellico Mountain Realty, LLC

  • M

    Buyer's Agent in 2016

    MARY SPAKE

    Braden Real Estate Firm

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 967997

East Tennessee REALTORS® MLS

APN: 055D-C-001.00

Tennessee Monroe County Madisonville 37354

240 Cherokee Cir, Madisonville, TN

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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