NOT LISTED FOR SALE

4232 Ridge Water Rd Louisville, TN 37777

Estimated Value: $2,424,290 - $2,961,000

5 Beds
6 Baths
7,409 Sq Ft
$361/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $1,450,000 $196 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $15,252/month

430 Days on Market

Highlights

  • Lake Front
  • In Ground Pool
  • Deck
  • Middle Settlements Elementary School Rated A-
  • Landscaped Professionally
  • Marble Flooring

About This Home

As of August 2020

This luxurious Mediterranean estate is situated on .74 acres overlooking beautiful Ft. Loudon Lake. This impressive villa spans over 7,409 sqft. with 5 bedrooms and 4 full and 2 half bathrooms. The grand entryway is flooded with natural light from an abundance of windows framing picturesque lake views from almost every vantage point. Home features an elegant two-story living room with adjacent custom bar. The opulent chef's kitchen includes custom cabinetry and granite countertops. The lower level includes a fully finished walkout basement that offers multiple entertainment areas, a game room, wet bar, perfect for large scale entertaining. Outdoor kitchen, custom gunite pool and exceptional lake views. Additional details by request.

Last Agent to Sell the Property

Lucas Haun

Keller Williams Signature License #308349 Listed on: 05/09/2019

Keller Williams Signature

Last Buyer's Agent

Kara Dunn

Gables & Gates, REALTORS License #317654

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,975

Year Built

  • Built in 2002

Lot Details

  • 0.74 Acre Lot
  • Lake Front
  • Landscaped Professionally

Home Design

  • Stucco Exterior

Interior Spaces

  • 7,409 Sq Ft Home
  • Central Vacuum
  • 2 Fireplaces
  • Insulated Windows
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Parking Available
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Access To Lake
  • Deck
  • Patio

Schools

  • Union Grove Middle School
  • William Blount High School

Utilities

  • Central Air
  • Cable TV Available

Community Details

  • Ridgewater Subdivision

Listing and Financial Details

  • Assessor Parcel Number 014 019.09

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,975

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Directions: Topside Road to Right on Louisville Road, Right on Old Lowes Ferry, 1st right onto Holston College Road, Right on Gravelly Hills to Right on Ridge Water Road.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2002
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.74
  • Subdivision Name: Ridgewater
  • Architectural Style: Other
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Smoke Detector, Self Cleaning Oven, Security Alarm, Microwave, Intercom
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Other
  • Fireplaces: 2
  • Flooring: Marble, Hardwood, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Insulated, Patio, Pool - Swim (Ingrnd), Prof Landscaped, Deck, Cable Available (TV Only)
  • Lot Features: Waterfront Access, Lakefront, Lake Access
  • Construction Type: Stucco

Garage/Parking

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

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes

Schools

  • High School: William Blount
  • Middle Or Junior School: Union Grove

Lot Info

  • Lot Size Sq Ft: 32234.4
  • Parcel #: 014 019.09
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Aug 14, 2020
Sold by
Demacopoulos Terry G
Bought by
Settlemyer Jill Adamson and Settlemyer Kevon
Seller's Agent
Lucas Haun
Keller Williams Signature
Buyer's Agent
Kara Dunn
Gables & Gates, REALTORS
Sold Price
$1,450,000
Current Estimated Value
$2,677,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,227,073
Avg. Annual Appreciation
13.05%
Original Mortgage
$1,160,000
Outstanding Balance
$1,024,124
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$1,652,949

Purchase Details

Closed on
Oct 26, 1999
Sold by
Huie Joseph and Huie Ann
Bought by
Demacopoulos Terry

Purchase Details

Closed on
Sep 30, 1994
Bought by
Waterfront Properties
Source: Public Records

Range of Values:

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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
Settlemyer Jill Adamson $1,450,000 --
Demacopoulos Terry $110,000 --
Waterfront Properties $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Settlemyer Jill Adamson $400,000
Closed Settlemyer Jill Adamson $150,000
Open Settlemyer Jill Adamson $1,160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $1,450,000 -- $196 / 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 $7,975 $501,600 $62,500 $439,100
2023 $7,975 $501,600 $62,500 $439,100
2022 $8,035 $325,300 $55,000 $270,300
2021 $8,035 $325,300 $55,000 $270,300
2020 $8,035 $325,300 $55,000 $270,300
2019 $8,035 $325,300 $55,000 $270,300
2018 $7,501 $303,675 $50,000 $253,675
2017 $7,501 $303,675 $50,000 $253,675
2016 $7,501 $303,675 $50,000 $253,675
2015 $6,529 $303,675 $50,000 $253,675
2014 $6,883 $303,675 $50,000 $253,675
2013 $6,883 $320,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lucas Haun

    Keller Williams Signature

    (865) 694-5904

    18 in this area

    327 Total Sales

    Lucas Haun
    Section Image
  • Kara Dunn

    Buyer's Agent in 2020

    Kara Dunn

    Gables & Gates, REALTORS

    (865) 924-0954

    1 in this area

    79 Total Sales

    Kara Dunn
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1079667

East Tennessee REALTORS® MLS

APN: 014-019.09

Tennessee Blount County Louisville 37777

4232 Ridge Water Rd, Louisville, TN

This home is located at 4232 Ridge Water Rd, Louisville, TN 37777 since 09 May 2019 and is currently estimated at $2,677,073, approximately $361 per square foot. This property was built in 2002. 4232 Ridge Water Rd is a home located in Blount County with nearby schools including Middle Settlements Elementary School, Union Grove Middle School, and William Blount High 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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