275 Matlock Shores Rd Loudon, TN 37774
Estimated Value: $524,758 - $598,000
2
Beds
2
Baths
1,417
Sq Ft
$399/Sq Ft
Est. Value
Highlights
- Lake Front
- Deck
- Traditional Architecture
- 1 Acre Lot
- Wooded Lot
- 2 Car Attached Garage
About This Home
As of October 2020Check out this beautiful waterfront home on 1 acre of land! Recently updated w/ a NEW fully updated kitchen w/ shaker white cabinets, granite countertops, and ALL NEW appliances!! NEW paint and NEW hardwood flooring! This home features 2 bedrooms (optional 3rd bedroom/study) and 2 full bathrooms with an open floor plan from the kitchen with bar area flowing to a spacious living room with fireplace and lake views! Large screened in deck area great for entertaining, relaxing and amazing lake sunset views! Other updates include NEW HVAC, NEWER roof, NEW water heater, lighting fixtures, bathroom fixtures, and landscaping! Build your own dock (apply for permit) or head a mile down the road to the boat ramp! Only 3 miles from I-75, minutes to Knoxville or Lenoir City. Call today
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $760
Year Built
- Built in 1994
Lot Details
- 1 Acre Lot
- Lot Dimensions are 100 x 510
- Lake Front
- Lot Has A Rolling Slope
- Wooded Lot
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,417 Sq Ft Home
- Property has 1 Level
- Self Contained Fireplace Unit Or Insert
- Lake Views
- Crawl Space
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
Utilities
- Cooling Available
- Central Heating
- Heat Pump System
Community Details
- Lake Shores Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 031 04400 000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 28, 2020
Closed on
Oct 7, 2020
Sold by
Lemings Stephen and Lemings Paula A
Bought by
Palermo Martin G and Palermo Tina M
List Price
$339,000
Sold Price
$350,000
Premium/Discount to List
$11,000
3.24%
Total Days on Market
9
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
$214,690
Avg. Annual Appreciation
10.81%
Original Mortgage
$280,000
Outstanding Balance
$251,424
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$313,266
Purchase Details
Closed on
Jun 2, 1997
Bought by
Lemings Stephen
Purchase Details
Closed on
Oct 18, 1994
Bought by
Scott Carl A
Purchase Details
Closed on
Sep 14, 1992
Bought by
Faulkner Jeremias B and Faulkner Damaris R
Similar Homes in Loudon, TN
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 |
|---|---|---|---|
| Palermo Martin G | $350,000 | Admiral Title Llc | |
| Lemings Stephen | $126,000 | -- | |
| Scott Carl A | $17,000 | -- | |
| Faulkner Jeremias B | $7,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Palermo Martin G | $280,000 | |
| Previous Owner | Lemings Stephen | $149,235 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/07/2020 10/07/20 | Sold | $350,000 | +3.2% | $247 / Sq Ft |
| 09/06/2020 09/06/20 | Pending | -- | -- | -- |
| 08/28/2020 08/28/20 | For Sale | $339,000 | -- | $239 / 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 |
|---|---|---|---|---|
| 2023 | $1,114 | $73,400 | $0 | $0 |
| 2022 | $1,114 | $73,400 | $25,200 | $48,200 |
| 2021 | $1,114 | $73,400 | $25,200 | $48,200 |
| 2020 | $760 | $73,400 | $25,200 | $48,200 |
| 2019 | $760 | $42,125 | $14,100 | $28,025 |
| 2018 | $760 | $42,125 | $14,100 | $28,025 |
| 2017 | $760 | $42,125 | $14,100 | $28,025 |
| 2016 | $817 | $43,975 | $11,700 | $32,275 |
| 2015 | $817 | $43,975 | $11,700 | $32,275 |
| 2014 | $817 | $43,975 | $11,700 | $32,275 |
Source: Public Records
Map
Source: Realtracs
MLS Number: 2845119
APN: 031-044.00
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