$425,000
SOLD APR 30, 2025

275 Squirrel Ln Rutledge, TN 37861

2 Beds
3 Baths
1,368 Sq Ft
0.48 Acres

Recently Sold

$311 Per Sq Ft

15% Below List Price

27 Days on Market

Highlights

  • Lake Front
  • A-Frame Home
  • Wooded Lot
  • Docks
  • Deck
  • No HOA

About This Home

As of April 2025

Welcome to your own oasis on Cherokee Lake! This lakefront property features 2 cabins built in 2015 with gorgeous views of Cherokee Lake and the surrounding hills of Tennessee. Currently this property is used as a vacation rental getaway during the spring, summer and fall seasons. Located on Cherokee's main channel with its own private boat dock to park your boat, swim or to just sit and enjoy the spectacular views. Other features include a spacious covered deck (approximately 20'x24') that could be enclosed for additional living space, an oversized parking area, firepit, outdoor shower, mature shade trees and those amazing sunrises. This property is located approximately an hour from the Great Smoky Mountain National Park, Dollywood, Sevierville, Pigeon Forge, Gatlinburg and Knoxville.

Last Agent to Sell the Property

Patti Osucha

EXIT Realty of the Smokies License #309739 Listed on: 01/31/2025

EXIT Realty of the Smokies

Last Buyer's Agent

Patti Osucha

EXIT Realty of the Smokies License #309739 Listed on: 01/31/2025

EXIT Realty of the Smokies

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $806

Year Built

  • Built in 2015

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 189x220x31x228
  • Lake Front
  • Property fronts a county road
  • Cul-De-Sac
  • Irregular Lot
  • Sloped Lot
  • Wooded Lot

Home Design

  • A-Frame Home
  • Cottage
  • Pillar, Post or Pier Foundation
  • Slab Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,368 Sq Ft Home
  • 1.5-Story Property
  • Metal Fireplace
  • Double Pane Windows
  • Blinds
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Washer

Outdoor Features

  • Outdoor Shower
  • Docks
  • Deck
  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Hopper Bluff Subdivision

Listing and Financial Details

  • Assessor Parcel Number 006.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$806

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Year Built: 2015
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.48
  • Lot Size: 189x220x31x228
  • Road Frontage Type: County Road
  • Water Body Name: Cherokee Lake
  • Subdivision Name: Hopper Bluff
  • Directions: From Morristown take 25E to Left on Lakeshore Drive. Continue on Lakeshore to Left on Hopper Bluff to Right on Squirrel Lane. Property is located at the end of Squirrel Lane.
  • Above Grade Finished Sq Ft: 1368.0
  • Architectural Style: A-Frame, Cottage
  • New Construction: No
  • Structure Type: Cabin
  • Location Tax and Legal:Tax Annual Amount: 806.05
  • Location Tax and Legal:Tax Year2: 2023
  • Location Tax and Legal:Parcel Number2: 006.00
  • General Property Information:Lot Size Dimensions: 189x220x31x228
  • General Property Information:Waterfront YN: Yes
  • Water Source:Public: Yes
  • General Property Information:Bathrooms Half: 2
  • General Property Information:Living Area2: 1368.0
  • General Property Information:Above Grade Finished Area: 1368.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Cooling:Heat Pump: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • General Property Information:Basement YN: No
  • Flooring:Vinyl: Yes
  • Cooling:Electric: Yes
  • Foundation Details:Slab: Yes
  • Road Frontage Type:County Road: Yes
  • Laundry Features:Main Level: Yes
  • Levels:One and One Half: Yes
  • Other Structures:Shed(s): Yes
  • Architectural Style:A-Frame: Yes
  • Flooring:Luxury Vinyl: Yes
  • Frontage Type:Lakefront: Yes
  • Utilities:Electricity Connected: Yes
  • Foundation Details:PillarPostPier: Yes
  • Architectural Style:Cottage: Yes
  • Roof:Metal: Yes
  • General Property Information Acres: 0.48
  • Special Features: None

Interior Features

  • Flooring: Luxury Vinyl, Vinyl
  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Levels: One and One Half
  • Basement YN: No
  • Full Bathrooms: 1
  • Half Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Metal
  • Fireplace: No
  • Living Area: 1368.0
  • Window Features: Blinds, Double Pane Windows
  • Appliances Dishwasher: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Dock, Outdoor Shower
  • Lot Features: Cul-De-Sac, Irregular Lot, Sloped, Views, Waterfront, Wooded
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Wood Siding
  • Foundation Details: Pillar/Post/Pier, Slab
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Deck, Porch
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Window Features:Blinds: Yes
  • Exterior Features:Dock: Yes
  • Waterfront Features:Lake Front: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Views: Yes
  • Lot Features:Waterfront: Yes
  • Lot Features:Irregular Lot: Yes
  • Lot Features:Sloped: Yes
  • Exterior Features:Outdoor Shower: Yes

Garage/Parking

  • Garage Yn: No
  • General Property Information:Garage YN: No

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Electricity Connected
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 20908.8
  • Parcel #: 006.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 806.05
  • Tax Map Number: 061L
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2025
Closed on
Apr 30, 2025
Sold by
Pass Edward and Pass Janie B
Bought by
Leber Henry and Leber Johana
Seller's Agent
Patti Osucha
EXIT Realty of the Smokies
Buyer's Agent
Patti Osucha
EXIT Realty of the Smokies
List Price
$500,000
Sold Price
$425,000
Premium/Discount to List
-$75,000
-15%
Views
65
Current Estimated Value
$374,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,222
Avg. Annual Appreciation
-25.36%
Original Mortgage
$340,000
Outstanding Balance
$337,521
Interest Rate
7.5%
Mortgage Type
Construction
Estimated Equity
$37,257
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $425,000 None Listed On Document
Warranty Deed $425,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $340,000 Construction
Closed $340,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2025 04/30/25 Sold $425,000 -15.0% $311 / Sq Ft
02/27/2025 02/27/25 Pending -- -- --
01/31/2025 01/31/25 For Sale $500,000 -- $365 / Sq Ft
Source: Lakeway Area Association of REALTORS®

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
2024 $600 $34,300 $11,675 $22,625
2023 $600 $34,300 $11,675 $22,625
2022 $788 $34,300 $11,675 $22,625
2021 $788 $34,300 $11,675 $22,625
2020 $769 $34,300 $11,675 $22,625
2019 $769 $27,450 $11,675 $15,775
2018 $664 $27,450 $11,675 $15,775
2017 $664 $27,450 $11,675 $15,775
2016 $664 $27,450 $11,675 $15,775
2015 $324 $11,675 $11,675 $0
2014 $324 $12,969 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 706337

Lakeway Area Association of REALTORS®

APN: 061L-C-006.00