NOT LISTED FOR SALE

333 Polly Mountain Rd Madisonville, TN 37354

Estimated Value: $423,000 - $512,000

2 Beds
1.5 Baths
1,496 Sq Ft
$306/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $315,000 $211 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,664/month

61 Days on Market

Highlights

  • Boat Ramp
  • Lake On Lot
  • View of Trees or Woods
  • Spa
  • Gated Community
  • Waterfront

About This Home

As of April 2021

Absolutely stunning log cabin with breathtaking 360 views. Take a drive up Polly Mtn to the very end and you will be greeted with this beautiful home perched on a mountain top with a 2 car garage. If the view doesn't get you first the gorgeous copper roof covering the hand hewn logs is sure to get your attention. Step inside this peaceful get away to custom cabinets, granite counter tops, stainless appliances, and an open floor plan. On the main floor you can also enjoy the master bedroom complete with en suite & custom tile shower. Upstairs, enjoy a 2nd bedroom with a view. Outside, you can enjoy your hot tub on the deck year round or your access to the 60 acre private lake for great family fun. With community docks, beach area and pavilion this is the perfect family home or vacation spot **2021 HOA FEES HAS BEEN PAID**

Last Agent to Sell the Property

Jason Ratledge

East Tennessee Properties, LLC License #354900 Listed on: 01/12/2021

Last Buyer's Agent

Osvaldo Ferrer

NextHome Valley Realty License #358519

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,478

Year Built

  • Built in 2015

Lot Details

  • 1.45 Acre Lot
  • Lot Dimensions are 315x200
  • Waterfront
  • Lot Has A Rolling Slope

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Property Views

  • Woods
  • Mountain
  • Forest

Home Design

  • Cabin
  • Log Siding

Interior Spaces

  • 1,496 Sq Ft Home
  • Wood Burning Fireplace
  • Stone Fireplace
  • Wood Frame Window
  • Great Room
  • Combination Kitchen and Dining Room
  • Storage Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Lake On Lot
  • Lake Property
  • Balcony
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Madisonville Middle School
  • Sequoyah High School

Utilities

  • Zoned Heating and Cooling System
  • Private Water Source
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 115b A 012.00

Community Details

Overview

  • Association fees include trash
  • Laurel Lakes 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

$1,478

Year Built

Built in 2015

Lot Details

0

HOA Fees

$46 per month

Parking

2

Listing Details

  • Directions: From Highway 68 South to Tellico take left at Countryside Road, right at Big Creek Road, right at Laurel Branch Road, go through the gated entrance and then immediate left onto Polly Mountain Road. House is at the end of Polly Mountain.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2015
  • Lot Size Acres: 1.45
  • Lot Size: 315x200
  • Subdivision Name: Laurel Lakes Subdivision
  • Architectural Style: Cabin
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • Lot Description:Waterfront Access: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 952.0
  • General Property Description:SqFt - 2nd Flr Lvl: 544.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Water:Private2: Yes
  • Floors:Tile2: Yes
  • Outbuildings:Detached Workshop: Yes
  • Siding:Log2: Yes
  • Misc Features:Hot Tub: Yes
  • Lot Description:Man-Made Lake: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Smoke Detector, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Flooring: Hardwood, Tile
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:Wood Burning: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Stone2: Yes

Exterior Features

  • Exterior Features: Windows - Wood, Porch - Covered, Balcony
  • View: Mountain View, Wooded
  • Lot Features: Waterfront Access, Man-Made Lake, Rolling Slope
  • Construction Type: Log
  • Other Structures: Workshop
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Wood: Yes
  • Construction:Log: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached
  • GarageParking:Detached2: 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
  • Association Fee Incl:Trash: Yes

Fee Information

  • Association Fee Includes: Trash

Schools

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

Lot Info

  • Lot Size Sq Ft: 63162.0
  • Parcel #: 115b A 012.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Apr 5, 2021
Sold by
Rogers Carrie Renee and Shuffstall Joshua Thomas
Bought by
Fradin Matvei
Seller's Agent
Jason Ratledge
East Tennessee Properties, LLC
Buyer's Agent
Osvaldo Ferrer
NextHome Valley Realty
Sold Price
$315,000
Current Estimated Value
$457,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,982
Avg. Annual Appreciation
8.65%

Purchase Details

Listed on
May 24, 2018
Closed on
Oct 31, 2018
Sold by
Sewell James and Sewell Angela
Bought by
Rogers Carrie Renee
Seller's Agent
Allen Reedy
Century 21 Howe Realty & Auct.
Buyer's Agent
Melissa Wiseman
Tellico Mountain Realty, LLC
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.45%
Original Mortgage
$284,747
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 2014
Sold by
Debernardi Margaret S
Bought by
Sewell James and Sewell Angela

Purchase Details

Closed on
Nov 3, 2009
Bought by
Schumann Margaret S Trustee

Purchase Details

Closed on
Aug 5, 2009
Sold by
Greenbank
Bought by
Debernardi Margaret S

Purchase Details

Closed on
Feb 27, 2009
Sold by
Bush Wayne
Bought by
Greenbank

Purchase Details

Closed on
Aug 22, 2006
Sold by
Ferris Real Estate Holding
Bought by
Wayne Bush

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,550
Interest Rate
6.73%

Purchase Details

Closed on
May 11, 2006
Sold by
Maynard Charles W
Bought by
Ferris Real Estate Holdings Ll

Purchase Details

Closed on
May 9, 2006
Sold by
Etals Maynard Charles W
Bought by
Ferris Real Est Holdings

Purchase Details

Closed on
Jan 17, 1983
Bought by
Maynard Charles W S

Purchase Details

Closed on
Jul 20, 1971
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 Buyer Sale Price Title Company
Fradin Matvei $315,000 Skyway Title Services
Rogers Carrie Renee $290,000 None Available
Sewell James $15,600 --
Schumann Margaret S Trustee $100 --
Debernardi Margaret S $15,000 --
Greenbank $9,000 --
Wayne Bush $23,000 --
Ferris Real Estate Holdings Ll $7,000 --
Ferris Real Est Holdings $7,000 --
Maynard Charles W S -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rogers Carrie Renee $284,747
Previous Owner Sewell James $80,000
Previous Owner Not Available $19,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $315,000 +8.6% $211 / Sq Ft
10/31/2018 10/31/18 Sold $290,000 -- $225 / 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 $1,478 $97,075 $7,225 $89,850
2023 $1,478 $97,075 $7,225 $89,850
2022 $1,157 $51,675 $4,000 $47,675
2021 $1,153 $51,475 $4,000 $47,475
2020 $1,153 $51,475 $4,000 $47,475
2019 $1,019 $51,475 $4,000 $47,475
2018 $1,019 $51,475 $4,000 $47,475
2017 $770 $36,750 $2,000 $34,750
2016 $39 $36,375 $2,000 $34,375
2015 $39 $1,875 $1,875 $0
2014 $42 $2,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1139123

East Tennessee REALTORS® MLS

APN: 115B-A-012.00