NOT LISTED FOR SALE

311 Alberts Cove Rutledge, TN 37861

Estimated Value: $744,000 - $1,226,000

4 Beds
3 Baths
2,536 Sq Ft
$411/Sq Ft Est. Value

Last Sold February 24, 2016

Last sale price $567,000 $224 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,864/month

22 Days on Market

Highlights

  • Mountain View
  • Landscaped
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of February 2016

Beautiful Custom Built stunner on Cherokee Lakefront! This 3.1 acre spread has 533' of main channel dockable lake frontage, relaxing Smoky Mountain views behind lake views. Main level features all hardwood & tile floors, vaulted 9' ceilings, spacious open gourmet kitchen w/work island, lots of cabinetry; living room has vaulted ceilings, custom ordered mantel & gas logs, music room, spacious sun room w/skylights off Master Suite. Separate living quarters down! Unwind in the 8'x32' heated indoor lap pool. Pool room spans 13'x72' w/room for workout area. There are 2 workshops, 5 garages, and the bonus room over the garage could be office or theater room. Recent updates and well maintained landscaping, make this a desired dream home on Cherokee Lake. Must See!

Last Agent to Sell the Property

Non Member

Non Member Listed on: 02/02/2016

Last Buyer's Agent

HILDA PICKERING

NON MEMBER License #293855

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,054

Year Built

  • Built in 2001

Lot Details

  • Landscaped
  • Property is in good condition

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Schools

  • Greendale Elementary School
  • Happy Valley Middle School
  • Grayson High School

Utilities

  • Central Heating and Cooling System
  • Private Sewer

Community Details

  • Property has a Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,054

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Directions: Take Hwy 92 North, R on Lakeshore. Go approx 1 mile, R into Alberts Cove S/D. House in cul-de-sac on L. See sign.
  • Prop. Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Reso Association Amenities: Landscaping
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Zoning2: 0
  • General Property Description Elementary School3: Greendale
  • General Property Description Middle School2: Happy Valley
  • General Property Description High School3: Grayson
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • General Property Description Lot Dimensions: 0
  • General Property Description Home Warranty: No
  • AC Central Air: Yes
  • General Property Description Parcel ID2: 0
  • Roof Shingle: Yes
  • View Mountain(s): Yes
  • Sewer Private Sewer: Yes
  • Levels One: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Total Bedrooms: 4
  • General Property Description Baths - Full: 3

Exterior Features

  • Property Condition: Above Average
  • Roof: Shingle
  • View: Mountain(s)
  • Home Warranty: No
  • Construction Type: Brick
  • Exterior Finish Brick4: Yes

Utilities

  • Heating: Central
  • Sewer: Private Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Greendale
  • High School: Grayson
  • Middle Or Junior School: Happy Valley

Lot Info

  • Zoning: 0
  • Lot Dimensions: 0
  • Parcel #: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2016
Closed on
Feb 24, 2016
Sold by
Bowen Chizuru J
Bought by
Gardiner Thomas W and Toth Linda A
Seller's Agent
Non Member
Non Member
Buyer's Agent
HILDA PICKERING
NON MEMBER
List Price
$579,900
Sold Price
$567,000
Premium/Discount to List
-$12,900
-2.22%
Total Days on Market
22
Current Estimated Value
$1,042,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,284
Avg. Annual Appreciation
6.71%
Original Mortgage
$283,500
Outstanding Balance
$131,301
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$926,699

Purchase Details

Closed on
Feb 13, 1995
Sold by
Whitt Larry and Whitt Sue
Bought by
Bowen Chizuru

Purchase Details

Closed on
Oct 8, 1993
Bought by
Whitt Larry and Whitt Sue
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
Gardiner Thomas W $567,000 --
Bowen Chizuru $65,000 --
Whitt Larry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardiner Thomas W $283,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2016 02/24/16 Sold $567,000 -2.2% $224 / Sq Ft
02/01/2016 02/01/16 For Sale $579,900 -- $229 / Sq Ft
Source: Tennessee/Virginia Regional 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 $4,054 $172,525 $62,650 $109,875
2023 $0 $172,525 $62,650 $109,875
2022 $3,962 $172,525 $62,650 $109,875
2021 $3,962 $172,525 $62,650 $109,875
2020 $4,003 $172,525 $62,650 $109,875
2019 $4,003 $142,975 $50,125 $92,850
2018 $3,460 $142,975 $50,125 $92,850
2017 $3,460 $142,975 $50,125 $92,850
2016 $3,460 $142,975 $50,125 $92,850
2015 $3,178 $142,975 $50,125 $92,850
2014 $3,178 $127,114 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 373333

Tennessee/Virginia Regional MLS

APN: 083P-A-009.00