NOT LISTED FOR SALE

405 Cedar St Loudon, TN 37774

Estimated Value: $147,000 - $226,000

3 Beds
2 Baths
1,220 Sq Ft
$165/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $165,000 $135 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,075/month

7 Days on Market

Highlights

  • City View
  • Main Floor Primary Bedroom
  • No HOA
  • Wood Flooring
  • Corner Lot
  • 3-minute walk to Veterans Park

About This Home

As of October 2024

Unique Rental Investment! 2 homes on 1 lot in the heart of Historic downtown Loudon within walking distance of restaurants, shopping and public parks. Homes need some TLC and are being sold as is. 403 is 760 sf with 2 bedrooms and 405 is 460 sf with 1 bedroom. Buyer to verify square footage. Both homes have
a spacious back yard with a wooden privacy fence. All offers will be considered.

Last Agent to Sell the Property

Kerri Johns

EXIT TLC Realty License #354593 Listed on: 09/11/2024

Last Buyer's Agent

Marcie Bledsoe

Smoky Mountain Realty License #349502

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $261

Year Built

  • Built in 1920

Lot Details

  • 10,019 Sq Ft Lot
  • Privacy Fence
  • Wood Fence
  • Corner Lot
  • Level Lot

Home Design

  • Cottage
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 1,220 Sq Ft Home
  • City Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Parking

  • Side or Rear Entrance to Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Fort Loudoun Middle School
  • Loudon High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Internet Available

Community Details

  • No Home Owners Association
  • Town Of Loudon Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041A E 008.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$261

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: From I75 S, take exit 72 and turn left onto Hwy 72. Continue 2.5 miles and turn left onto Hwy 11. Drive 2 miles and turn right onto Grove Street. After 1 block, turn right onto Cedar St and property is on the left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1920
  • Lot Size Acres: 0.23
  • Lot Size: 92 X 102 M
  • Subdivision Name: Town of Loudon
  • Architectural Style: Cottage
  • Property Attached Yn: No
  • General Property Description:Lot Size SqFt: 10019.0
  • Lot Description:Corner Lot: Yes
  • Contract Info:List PriceSqFt2: 141.8
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1220.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: No
  • AtchdDtchd Type:Detached: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Siding:Wood2: Yes
  • Cooling:Window Unit(s): Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Smoke Detector
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Laminate, Hardwood
  • Basement:Crawl Space: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:None15: Yes
  • Other Rooms:Bedroom Main Level: Yes

Exterior Features

  • Exterior Features: Fence - Privacy, Fence - Wood, Porch - Covered
  • View: Other, City
  • Lot Features: Other, Corner Lot, Level
  • Construction Type: Wood Siding, Frame
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Fence - Wood: Yes
  • Exterior Features:Fence - Privacy: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On-Street Parking, Side/Rear Entry, Off-Street Parking
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:SideRear Entry: Yes
  • GarageParking:On-Street Parking: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas, Other, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Association/Amenities

  • Community Amenities:Sidewalks: Yes

Schools

  • High School: Loudon
  • Middle Or Junior School: Fort Loudoun

Lot Info

  • Lot Size Sq Ft: 10019.0
  • Parcel #: 041A E 008.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 261.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Oct 18, 2024
Sold by
Brennan Dennis P
Bought by
Jameson Samuel Cole
Seller's Agent
Kerri Johns
EXIT TLC Realty
Buyer's Agent
Marcie Bledsoe
Smoky Mountain Realty
List Price
$173,000
Sold Price
$165,000
Premium/Discount to List
-$8,000
-4.62%
Views
5
Current Estimated Value
$201,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,037
Avg. Annual Appreciation
17.42%
Original Mortgage
$132,000
Outstanding Balance
$130,612
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$70,425

Purchase Details

Closed on
Jun 8, 2017
Sold by
Wagner Robert W
Bought by
Davis Vera Jane and Wagner Lois A
Source: Public Records
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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
Jameson Samuel Cole $165,000 Southeastern Title
Davis Vera Jane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jameson Samuel Cole $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2024 10/18/24 Sold $165,000 -4.6% $135 / Sq Ft
09/18/2024 09/18/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $173,000 -- $142 / 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
2025 $420 $24,675 $5,175 $19,500
2024 $622 $23,775 $4,975 $18,800
2023 $622 $23,775 $0 $0
2022 $622 $23,775 $4,975 $18,800
2021 $622 $23,775 $4,975 $18,800
2020 $421 $23,775 $4,975 $18,800
2019 $421 $13,850 $4,350 $9,500
2018 $413 $13,850 $4,350 $9,500
2017 $413 $13,850 $4,350 $9,500
2016 $467 $15,375 $5,325 $10,050
2015 $459 $15,125 $5,325 $9,800
2014 $459 $15,125 $5,325 $9,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1276124

East Tennessee REALTORS® MLS

APN: 041A-E-008.00