NOT LISTED FOR SALE

290 Laurel Mountain Rd Madisonville, TN 37354

Estimated Value: $315,000 - $433,972

2 Beds
2 Baths
1,512 Sq Ft
$248/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $385,000 $255 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,203/month

28 Days on Market

Highlights

  • Boat Ramp
  • Mountain View
  • Deck
  • Gated Community
  • Community Lake
  • Cathedral Ceiling

About This Home

As of October 2023

WOW WHAT A VIEW!!!! From this wonderful authentic log mountain home that would be great for a full time residence or that special family vacation home. Located inside a gated private lake community you have the best of both worlds, your desired mountain home & access to the beautiful spring feed mountain lake!! The main level of this home features a bright open kitchen with hardwood cabinets, appliances & center prep cabinet convey. Utility closet could serve as a pantry or the laundry room also has plenty of shelving for pantry space if desired. Washer & Dryer convey. A bedroom and guest bath. An office. Open living room with hardwood flooring, wood beam cathedral tongue & groove ceiling over looking SPECTACULAR VIEWS of the surrounding mountains. Upstairs master suite having a large walk in closet. Master bath with a beautiful custom walk in tile shower. Covered front porch. Huge covered back deck so one can relax and watch the gorgeous sunsets. (The white stick on bird reflectors on the exterior back windows under the deck easily peel off if buyer does not wish to keep them). Covered side porch leading to an attached 2 car carport. The current home owner had the logs cleaned & stained approximately 2 years ago. Home has a water softener system and filtration under kitchen sink. Cooks Pest has maintained the pest control since current owners have lived there. The storage building also conveys. Fenced yard for children or pets.
Now about the community and location. Beautiful Laurel Lake being a spring feed fresh water lake within a community located between Madisonville and Tellico Plains, also between Chattanooga and Knoxville. Community amenities include picnic pavilion, sandy beach swimming area & boat ramp. Great fishing also!! No gas powered engines allowed on the lake for a more peaceful environment. Enjoy this little known paradise hidden in the foothills of the Great Smoky Mountains. Buyer to verify all information including square footage. Seller selling as is.

Last Agent to Sell the Property

Lisa Hunt

Realty Executives Associates License #277350 Listed on: 09/05/2023

Realty Executives Associates

Last Buyer's Agent

Bryant Howard

NextHome Valley Realty License #344578

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,529

Year Built

  • Built in 2006

Lot Details

  • 0.75 Acre Lot
  • Fenced Yard
  • Lot Has A Rolling Slope

HOA Fees

  • $46 Monthly HOA Fees

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • Cathedral Ceiling
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Carport

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Storage Shed

Schools

  • Madisonville Middle School
  • Sequoyah High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 115F A 055.00

Community Details

Overview

  • Laurel Lake Subdivision
  • Mandatory home owners association
  • Community Lake

Recreation

  • Boat Ramp

Additional Features

  • Picnic Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,529

Year Built

Built in 2006

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Directions: Madisonville take New Hwy 68 towards Tellico Plains turn left onto Countryside Lane then immediate right onto Big Creek Rd then right onto Laurel Branch Rd through gate stay straight then right onto Laurel Mountain Rd to home on right SOP
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2006
  • Lot Size Acres: 0.75
  • Subdivision Name: Laurel Lake
  • Architectural Style: Log
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • View:Mountain View: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 896.0
  • General Property Description:SqFt - 2nd Flr Lvl: 616.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Floors:Tile2: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Style:Log3: Yes
  • Siding:Log2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Smoke Detector, Refrigerator, Microwave, Washer
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Carpet, Hardwood, Tile
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Fireplace:None15: Yes
  • Misc Features:Island in Kitchen: Yes

Exterior Features

  • Exterior Features: Fenced - Yard, Porch - Covered, Deck
  • View: Mountain View
  • Lot Features: Rolling Slope
  • Construction Type: Log
  • Other Structures: Storage
  • Exterior Features:Deck: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Exterior Features:Porch - Covered: Yes
  • Construction:Log: Yes

Garage/Parking

  • GarageParkingCarportSpaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Carport
  • GarageParking:Attached2: Yes
  • GarageParking:Carport: Yes

Utilities

  • Cooling: Central Cooling
  • Security: Gated Community
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 550.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Community Amenities:Gated Community: Yes
  • Community Amenities:Boat Ramp: Yes
  • Community Amenities:Lake Access2: Yes
  • Community Amenities:PicnicBarbeque Area: Yes

Schools

  • High School: Sequoyah
  • Middle Or Junior School: Madisonville Middle

Lot Info

  • Lot Size Sq Ft: 32670.0
  • Parcel #: 115F A 055.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Oct 31, 2023
Sold by
Houghton Wesley Carl and Karan Le
Bought by
Miller Stephen and Hamel Linda
Seller's Agent
Lisa Hunt
Realty Executives Associates
Buyer's Agent
Bryant Howard
NextHome Valley Realty
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%
Views
207
Current Estimated Value
$375,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,507
Avg. Annual Appreciation
-1.34%
Original Mortgage
$50,000
Outstanding Balance
$44,106
Interest Rate
7.76%
Mortgage Type
Credit Line Revolving
Estimated Equity
$331,387

Purchase Details

Closed on
Aug 14, 2015
Sold by
Martin Roy D
Bought by
Houghton Wesley Carl and Houghton Karan Le

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 2, 2014
Sold by
Hartsook George L
Bought by
Martin Roy D and Martin Sonya L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,300
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hartsook George L

Purchase Details

Closed on
Mar 21, 2011
Sold by
Mellum Laurence A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 31, 2008
Sold by
Graham John
Bought by
Mellum Laurence A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
5.48%

Purchase Details

Closed on
Nov 28, 2005
Sold by
Joy Hawkins
Bought by
John Graham

Purchase Details

Closed on
May 26, 2005
Sold by
Barker Kathaleen B
Bought by
Joy Hawkins

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,500
Interest Rate
5.51%

Purchase Details

Closed on
Jan 31, 2002
Sold by
Kathaleen Barker
Bought by
Laurel Mtn Lake Prop

Purchase Details

Closed on
Dec 1, 2000
Sold by
William Love
Bought by
Kathleen Barker

Purchase Details

Closed on
Aug 27, 1987
Bought by
Love John Bible
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Miller Stephen $385,000 Reliance Title
Houghton Wesley Carl $163,000 --
Martin Roy D $80,300 --
Hartsook George L $102,500 --
Federal Home Loan Mortgage Corporation $144,479 --
Mellum Laurence A $182,000 --
John Graham $48,000 --
Joy Hawkins $1,500 --
Laurel Mtn Lake Prop $5,000 --
Kathleen Barker $9,000 --
Love John Bible -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Stephen $50,000
Previous Owner Houghton Wesley Carl $219,727
Previous Owner Houghton Wesley C $146,700
Previous Owner Martin Roy D $80,300
Previous Owner Mellum Laurence A $142,000
Previous Owner John Graham $100,000
Previous Owner John Graham $400,000
Previous Owner Joy Hawkins $141,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $385,000 -1.8% $255 / Sq Ft
10/04/2023 10/04/23 Pending -- -- --
09/27/2023 09/27/23 Price Changed $392,000 -1.8% $259 / Sq Ft
09/05/2023 09/05/23 For Sale $399,000 -- $264 / 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
2024 $1,529 $100,375 $5,900 $94,475
2023 $1,529 $100,375 $5,900 $94,475
2022 $1,489 $66,475 $10,000 $56,475
2021 $1,489 $66,475 $10,000 $56,475
2020 $1,489 $66,475 $10,000 $56,475
2019 $1,316 $66,475 $10,000 $56,475
2018 $1,316 $66,475 $10,000 $56,475
2017 $1,075 $51,325 $10,000 $41,325
2016 $1,063 $50,750 $10,000 $40,750
2015 $1,063 $50,750 $10,000 $40,750
2014 $1,063 $50,757 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1238734

East Tennessee REALTORS® MLS

APN: 115F-A-055.00