$275,000
SOLD DEC 31, 2024

406 Old Tellico Hwy N Madisonville, TN 37354

3 Beds
2.5 Baths
1,500 Sq Ft
1 Acres

Recently Sold

$183 Per Sq Ft

8% Below List Price

56 Days on Market

Highlights

  • Stables
  • Countryside Views
  • Wood Flooring
  • In Ground Pool
  • Wooded Lot
  • Main Floor Primary Bedroom

About This Home

As of December 2024

Make this Country Charmer your new home!....It's a 3 bedroom, 2 full bath with Master bedroom on the main level. Newly updated kitchen with all new appliances and granite countertops, large pantry and eat-in dining area. It has a cozy living area, over-sized sunroom, extra storage, 2 car garage, brand new HVAC, home security system & several workshops. It has a big, beautiful, inground swimming pool with a brand new liner, cover, pool house, patio pond and lots of decking. The backyard is big, lush, & level with big shade trees, including the largest white oak recorded in Monroe County! There are crepe myrtles, dogwoods, apple & pecan trees, huge muscadine vines, bee hives and lots of privacy! The backyard has a small barn with tractor that goes with it and plenty of room for a large garden, chickens, camper or firepit. This home has been well cared for! It is just minutes from shopping, restuarants & parks. It's just a short ride to the area lakes, rivers and Cherokee National Park, biking, hiking, camping & fishing!...Come live the peaceful life in beautiful East Tennessee!

Last Agent to Sell the Property

Missy Burger

Tellico Hometown Realty License #340769 Listed on: 11/29/2024

Last Buyer's Agent

Missy Peals

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $938

Year Built

  • Built in 1951

Lot Details

  • 1 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Garage Door Opener
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Cottage
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,500 Sq Ft Home
  • Wired For Data
  • Ceiling Fan
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Drapes & Rods
  • Family Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Workshop
  • Sun or Florida Room
  • Storage Room
  • Countryside Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Storage Shed

Schools

  • Madisonville Middle School
  • Sequoyah High School

Horse Facilities and Amenities

  • Stables

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Tank
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 079 139.06

Home Details

Home Type

Single Family

Est. Annual Taxes

$938

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Directions: From Hwy 68, turn on Old Tellico Hwy N, go half mile and property is on your right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1951
  • Lot Size Acres: 1.0
  • Architectural Style: Cottage
  • Property Attached Yn: No
  • Lot Description:Wooded: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1500.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Floors:Laminate: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Floors:Tile2: Yes
  • Misc Features:Drapes: Yes
  • Misc Features:Wired for Internet: Yes
  • Dining Area:Breakfast Room2: Yes
  • Outbuildings:Detached Workshop: Yes
  • Outbuildings:Stable: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Security Alarm, Smoke Detector, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Laminate, Hardwood, Tile
  • Fireplace:Gas Log: Yes
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Security Alarm: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:Sunroom: Yes
  • Other Rooms:Workshop: Yes
  • Misc Features:Island in Kitchen: Yes
  • Other Rooms:Breakfast Room: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Patio, Pool - Swim (Ingrnd), Porch - Covered
  • View: Country Setting
  • Lot Features: Wooded, Level
  • Construction Type: Vinyl Siding, Frame
  • Other Structures: Storage, Stable(s), Workshop
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Pool - Swim (Ingrnd): Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Designated Parking, Detached, Main Level, Off-Street Parking
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Designated Parking: Yes
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Main Level: Yes
  • GarageParking:Detached2: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Schools

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

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 079 139.06
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2024
Closed on
Dec 31, 2024
Sold by
Wright William Howard
Bought by
Bromwell James and Bromwell Jo
Seller's Agent
Missy Burger
Tellico Hometown Realty
Buyer's Agent
Missy Peals
Realty Executives Associates
List Price
$300,000
Sold Price
$275,000
Premium/Discount to List
-$25,000
-8.33%
Views
26
Current Estimated Value
$262,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,002
Avg. Annual Appreciation
-8.47%
Original Mortgage
$115,000
Outstanding Balance
$114,307
Interest Rate
6.84%
Mortgage Type
VA
Estimated Equity
$144,169

Purchase Details

Closed on
Dec 14, 2020
Sold by
Wright Evelyn C
Bought by
Wright William Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
2.7%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 7, 2009
Sold by
Choat Howard A
Bought by
Wright William Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.29%

Purchase Details

Closed on
Sep 9, 1991
Bought by
Choat Howard A and Choat Lillie E
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 Type Sale Price Title Company
Warranty Deed $275,000 Skyway Title
Interfamily Deed Transfer -- None Available
Deed $150,000 --
Warranty Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $115,000 VA
Previous Owner $60,000 Future Advance Clause Open End Mortgage
Previous Owner $50,000 Credit Line Revolving
Previous Owner $180,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2024 12/31/24 Sold $275,000 -8.3% $183 / Sq Ft
12/06/2024 12/06/24 Pending -- -- --
11/29/2024 11/29/24 For Sale $300,000 +9.1% $200 / Sq Ft
11/25/2024 11/25/24 Off Market $275,000 -- --
11/14/2024 11/14/24 Price Changed $300,000 -7.7% $200 / Sq Ft
10/24/2024 10/24/24 For Sale $325,000 0.0% $217 / Sq Ft
10/15/2024 10/15/24 Pending -- -- --
10/14/2024 10/14/24 Price Changed $325,000 -9.5% $217 / Sq Ft
10/11/2024 10/11/24 For Sale $359,000 -- $239 / 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 $938 $61,600 $4,250 $57,350
2023 $938 $61,600 $4,250 $57,350
2022 $938 $41,875 $3,600 $38,275
2021 $938 $41,875 $3,600 $38,275
2020 $723 $32,300 $3,600 $28,700
2019 $639 $32,300 $3,600 $28,700
2018 $639 $32,300 $3,600 $28,700
2017 $668 $31,875 $3,600 $28,275
2016 $668 $31,875 $3,600 $28,275
2015 $668 $31,875 $3,600 $28,275
2014 $668 $31,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1279137

East Tennessee REALTORS® MLS

APN: 079-139.06