NOT LISTED FOR SALE

408 Blount Cir Rutledge, TN 37861

Estimated Value: $786,000 - $980,000

3 Beds
2.5 Baths
3,800 Sq Ft
$237/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $740,000 $195 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,086/month

Highlights

  • Lake Front
  • Deck
  • Wood Flooring
  • Mountain View
  • Traditional Architecture
  • Covered Patio or Porch

About This Home

As of July 2021

If you want to live on the water, you don't want to miss this spectacular 3 bedroom LAKE HOME located on Cherokee Lake that has so much to offer. This home comes with a COVERED BOAT SLIP located at the neighborhood marina and a 2019 PONTOON FISHING BOAT. Cathedral Ceilings, Granite counter tops, Hardwood floors, sunroom and a array of windows on the main level boast the spectacular view of the lake. Lower level has newly installed water proof flooring, 4 bedroom, full bath, and a large open area for entertaining or just relaxing. Walk out either of the 2 glass doors onto the outside patio that leads down to the lake. This is one you must see. This home has 5 bedroom spaces but only perks for 3 bedrooms. Extra space can be used for bedrooms, office space or even a game room for the kids.

Last Agent to Sell the Property

Tim Sharp

Just Listed Knoxville Real Est License #329578 Listed on: 06/05/2021

Co-Listed By

Lindsey Sharp

Just Listed Knoxville Real Est License #354941

Last Buyer's Agent

Hannah Green

Realty Executives Associates Bearden License #354968

Realty Executives Associates Bearden

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,961

Year Built

  • Built in 2012

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 85x237x150x265
  • Lake Front

HOA Fees

  • $45 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,800 Sq Ft Home
  • Wood Burning Fireplace
  • Stone Fireplace
  • Vinyl Clad Windows
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Attached Garage
  • Parking Available

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch

Schools

  • Rutledge Middle School
  • Grainger County Adult High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Community Details

  • Association fees include some amenities
  • Grainger Landing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 070H A 024.00 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,961

Year Built

Built in 2012

Lot Details

0

HOA Fees

$45 per month

Listing Details

  • Directions: Hwy. 92 to Lake Shore Drive. to right onto Governors Path, right onto Blount Circle. House on right. SOP
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2012
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.73
  • Lot Size: 85x237x150x265
  • Co List Office Mls Id: 2857
  • Co List Office Phone: 865-705-2062
  • Subdivision Name: Grainger Landing
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave
  • Has Basement: Slab
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Flooring: Laminate, Carpet, Hardwood, Tile, Slate

Exterior Features

  • Exterior Features: Windows - Vinyl, Patio, Porch - Covered, Deck
  • View: Mountain View
  • Lot Features: Lakefront, Lake Access
  • Construction Type: Fiber Cement

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Main Level

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 45.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Some Amenities

Schools

  • High School: Grainger County Adult
  • Middle Or Junior School: Rutledge

Lot Info

  • Lot Size Sq Ft: 31798.8
  • Parcel #: 070H A 024.00 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2021
Closed on
Jul 29, 2021
Sold by
Matthias Steven W and Matthias Kristie M
Bought by
Ellis Karissa and Ellis Jonathan
Seller's Agent
Tim Sharp
Just Listed Knoxville Real Est
Buyer's Agent
Hannah Green
Realty Executives Associates Bearden
Sold Price
$740,000
Current Estimated Value
$900,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,817
Avg. Annual Appreciation
4.81%
Original Mortgage
$592,000
Outstanding Balance
$538,553
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$362,264

Purchase Details

Closed on
Apr 22, 2015
Sold by
Matthias Madonna and Matthias Teven
Bought by
Matthias Steven

Purchase Details

Closed on
Mar 16, 2007
Sold by
Decarmine Joe
Bought by
Matthias Madonna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,600
Interest Rate
6.27%
Mortgage Type
Cash

Purchase Details

Closed on
Jun 26, 2003
Bought by
Becs General Partnership
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
Ellis Karissa $740,000 Realty T&E Svcs Inc
Matthias Steven -- --
Matthias Madonna $205,500 --
Becs General Partnership $2,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellis Karissa $592,000
Previous Owner Becs General Partnership $183,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2021 07/29/21 Sold $740,000 -- $195 / 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 $2,961 $126,000 $30,750 $95,250
2023 $2,961 $126,000 $30,750 $95,250
2022 $2,894 $126,000 $30,750 $95,250
2021 $2,894 $126,000 $30,750 $95,250
2020 $2,727 $126,000 $30,750 $95,250
2019 $2,727 $97,375 $22,500 $74,875
2018 $2,356 $97,375 $22,500 $74,875
2017 $2,356 $97,375 $22,500 $74,875
2016 $2,356 $97,375 $22,500 $74,875
2015 $2,455 $97,375 $22,500 $74,875
2014 $2,455 $98,187 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tim Sharp

    Just Listed Knoxville Real Est

    (865) 705-2062

    141 Total Sales

    Tim Sharp
    Section Image

  • L

    Seller Co-Listing Agent in 2021

    Lindsey Sharp

    Just Listed Knoxville Real Est

    (865) 705-6062

    144 Total Sales

    Lindsey Sharp
    Section Image

  • H

    Buyer's Agent in 2021

    Hannah Green

    Realty Executives Associates Bearden

    (423) 248-9540

    119 Total Sales

    Hannah Green
    Section Image
See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1155478

East Tennessee REALTORS® MLS

APN: 070H-A-024.00

Tennessee Grainger County Rutledge 37861

408 Blount Cir, Rutledge, TN

This home is located at 408 Blount Cir, Rutledge, TN 37861 since 05 June 2021 and is currently estimated at $900,817, approximately $237 per square foot. This property was built in 2012. 408 Blount Cir is a home located in Grainger County with nearby schools including Rutledge Primary School, Rutledge Elementary School, and Rutledge Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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