NOT LISTED FOR SALE

369 Chelaque Way Mooresburg, TN 37811

Estimated Value: $68,000 - $151,000

1.21 Acres
$89,256 Price per Acre
52,708 Sq Ft Lot

Last Sold May 29, 2020

Last sale price $61,000

Est. 84% increase in value since last sale

Current estimated payment $687/month

44 Days on Market

About This Lot

As of May 2020

Exceptional 1.21 acre Cherokee Lakefront lot in peaceful Chelaque. This lot is partially wooded and has a gentle slope. Property boasts 265 ft of shoreline on the main channel of Cherokee Lake and is dock-able with TVA permit. Subdivision allows site built homes only with minimum of 1400 sq ft. Electric and high speed internet at the road; well and septic needed. Chelaque is a gated community on the lake that offers a private boat ramp and marina for residents. Quiet and serene setting with year round lake and mountain views. HOA fees $550/year. Please call agent to schedule showing.

Last Agent to Sell the Property

Amy Shrader

REMAX Real Estate Ten of Morristown License #324868 Listed on: 03/27/2020

REMAX Real Estate Ten of Morristown

Last Buyer's Agent

Amy Shrader

REMAX Real Estate Ten of Morristown License #324868 Listed on: 03/27/2020

REMAX Real Estate Ten of Morristown

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $370

Lot Details

  • 1.21 Acre Lot
  • Lake Front
  • Wooded Lot
  • Property is in average condition

HOA Fees

  • $46 Monthly HOA Fees

Property Views

  • Water Views

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • Chelaque Subdivision

Listing and Financial Details

  • Assessor Parcel Number 142i C 008.00

Property Details

Property Type

Land

Est. Annual Taxes

$370

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Directions: Highway 11W North to right on Slate Hill Rd. Left on JV Circle. Right on Proffitt Ridge Rd. Continue to Chelaque gate. From gate go approximately 2 miles. Lot on left just past picnic pavilion.
  • Prop. Type: Land
  • Road Surface Type: Paved
  • Road Frontage Type: 2 Lane Road
  • Subdivision Name: Chelaque
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 142i C 008.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.21
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Out Of Area
  • General Property Description Middle School2: Out Of Area
  • General Property Description High School3: Out Of Area
  • General Property Description Home Warranty: No
  • Utilities Electricity Available: Yes
  • General Property Description HOA Fee: 46.0
  • View Water2: Yes
  • Sewer None16: Yes
  • Property Condition Average: Yes
  • Water None17: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Property Condition: Average
  • Lot Features: Wooded
  • View: Water
  • Waterfront Features: Lake Front
  • Acres: 1.21
  • Waterfront: Yes
  • Home Warranty: No
  • Lot Features:Wooded2: Yes
  • Waterfront Features:Lake Front: Yes

Utilities

  • Sewer: None, Other, See Remarks
  • Utilities: Electricity Available
  • Water Source: None, Other, See Remarks

Condo/Co-op/Association

  • Association Fee: 46.0
  • Association: Yes

Schools

  • Elementary School: Out Of Area
  • High School: Out Of Area
  • Middle Or Junior School: Out Of Area

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 265 x 169 IRR
  • Lot Size Sq Ft: 52707.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 142i C 008.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
May 27, 2020
Sold by
Genova Glenn and Genova Catherine
Bought by
Hubbard Jeffrey and Hubbard Allison
Seller's Agent
Amy Shrader
REMAX Real Estate Ten of Morristown
Buyer's Agent
Amy Shrader
REMAX Real Estate Ten of Morristown
List Price
$85,000
Sold Price
$61,000
Premium/Discount to List
-$24,000
-28.24%
Current Estimated Value
$112,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,000
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Jul 19, 2004
Sold by
Debroskey and Karen
Bought by
Genova and Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,800
Interest Rate
6.24%

Purchase Details

Closed on
Aug 20, 1998
Bought by
Debroskey William E and Debroskey Karen E

Purchase Details

Closed on
Jul 24, 1997
Bought by
Red Creek Ranch Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hubbard Jeffrey $61,000 Lakeway Title Services
Genova $83,000 --
Debroskey William E $78,900 --
Red Creek Ranch Inc $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hubbard Jeffrey Thomas $203,000
Closed Hubbard Jeffrey Thomas $275,000
Previous Owner Red Creek Ranch Inc $61,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2020 05/29/20 Sold $61,000 -28.2% --
05/11/2020 05/11/20 Pending -- -- --
03/27/2020 03/27/20 For Sale $85,000 -- --
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 $370 $14,500 $14,500 --
2023 $337 $14,500 $0 $0
2022 $336 $14,500 $14,500 $0
2021 $314 $14,500 $14,500 $0
2020 $570 $14,500 $14,500 $0
2019 $570 $22,500 $22,500 $0
2018 $570 $22,500 $22,500 $0
2017 $570 $22,500 $22,500 $0
2016 $570 $22,500 $22,500 $0
2015 $555 $22,500 $22,500 $0
2014 -- $30,000 $30,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9906418

Tennessee/Virginia Regional MLS

APN: 142I-C-008.00