Seller's Agent in 2025
Barry Carter
Century 21 Legacy - Greeneville
(423) 972-5586
88 Total Sales
2551 Cedar Creek Rd Russellville, TN 37860
5.1
Acres
$20,098
Price per Acre
222,156
Sq Ft Lot
Highlights
- Lake Front
- No HOA
- Lot Has A Rolling Slope
- Lake Privileges
About This Lot
As of January 2022Looking for a larger lakefront tract without an HOA? Extraordinary waterfront property on Cherokee Lake, with over 5 acres of land and a 20' x 20' dock plan already approved by TVA. With no HOA, you can build the home of your dreams without limitations! Zoned R1 (Rural Residential), which does allow for doublewides and modulars. This parcel has an excellent level spot to place your home, just waiting for you to stake your claim! There are TVA power towers on the property. Appraised in 2019 for $140K.
Last Agent to Sell the Property
REMAX Real Estate Ten of Morristown License #324868 Listed on: 09/28/2021
Last Buyer's Agent
CINDY JUSTICE
SYNERGY REALTY PROS License #322598
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,073
Lot Details
- 5.1 Acre Lot
- Lake Front
- Lot Has A Rolling Slope
Property Views
- Water
- Mountain
Schools
- Russellville Elementary School
- East Ridge Middle School
- Morristown East High School
Utilities
- Sewer Not Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 011 019.00 000
Community Details
Overview
- No Home Owners Association
Recreation
- Access To Lake
- Lake Privileges
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 28, 2021
Closed on
Jan 21, 2022
Sold by
Gayle Johns Deborah
Bought by
Binkley James M and Binkley Tara R
Seller's Agent
Amy Shrader
REMAX Real Estate Ten of Morristown
Buyer's Agent
CINDY JUSTICE
SYNERGY REALTY PROS
List Price
$135,000
Sold Price
$102,500
Premium/Discount to List
-$32,500
-24.07%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.09%
Purchase Details
Closed on
Jul 11, 1996
Sold by
Johns Phyllis Henard
Bought by
Johns Mark
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
8.26%
Purchase Details
Closed on
Nov 10, 1967
Bought by
Johns Phyllis Henard
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 | -- | Aspen Title & Escrow Llc | |
| Deed | $10,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $113,000 | Construction | |
| Previous Owner | $85,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Pending | -- | -- | -- |
| 07/01/2025 07/01/25 | Price Changed | $525,000 | -2.6% | $268 / Sq Ft |
| 05/26/2025 05/26/25 | Price Changed | $539,000 | -1.8% | $275 / Sq Ft |
| 05/08/2025 05/08/25 | For Sale | $549,000 | +435.6% | $280 / Sq Ft |
| 01/26/2022 01/26/22 | Sold | $102,500 | -24.1% | -- |
| 12/13/2021 12/13/21 | Pending | -- | -- | -- |
| 09/28/2021 09/28/21 | For Sale | $135,000 | -- | -- |
Source: Tennessee/Virginia Regional MLS
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 | $1,073 | $54,450 | $14,975 | $39,475 |
| 2023 | $1,073 | $54,450 | $0 | $0 |
| 2022 | $685 | $34,750 | $14,975 | $19,775 |
| 2021 | $295 | $14,975 | $14,975 | $0 |
| 2020 | $295 | $14,975 | $14,975 | $0 |
| 2019 | $173 | $8,100 | $8,100 | $0 |
| 2018 | $173 | $8,100 | $8,100 | $0 |
| 2017 | $173 | $8,100 | $8,100 | $0 |
| 2016 | $161 | $8,100 | $8,100 | $0 |
| 2015 | $150 | $8,100 | $8,100 | $0 |
| 2014 | -- | $8,100 | $8,100 | $0 |
| 2013 | -- | $9,275 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Barry Carter
-
Amy Shrader
Seller's Agent in 2022
Amy Shrader
RE/MAX
(423) 748-8811
520 Total Sales
-
C
Buyer's Agent in 2022
CINDY JUSTICE
SYNERGY REALTY PROS
Map
Source: Tennessee/Virginia Regional MLS
MLS Number: 9929196
APN: 011-019.00
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