NOT LISTED FOR SALE

432 Chelaque Way Mooresburg, TN 37811

Estimated Value: $256,000 - $1,179,000

3 Beds
3 Baths
4,240 Sq Ft
$191/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $845,000 $199 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,928/month

32 Days on Market

Highlights

  • Lake Front
  • Second Kitchen
  • Deck
  • Docks
  • Lake Privileges
  • Living Room with Fireplace

About This Home

As of September 2021

Spacious Cherokee Lakefront Home with Dock on the main channel. Located in Chelaque, this 3 bedroom 3 bath home is designed for year round lake enjoyment. Oversized 3 car garage on the main, spacious kitchen with pantry and plenty of counter top space, formal dining room, living room, double sided fireplace, large master suite with his/hers walk-in closets, 2 more bedrooms and an office. Screened in porch on back of house offers the ideal spot to enjoy a cup of coffee or glass of wine. Lower level could be separate living quarters as it does have full kitchen, a bonus room and full bath. Easy walk down to the covered dock with boat lift and a bench for fishing.

Composite decking, HVAC, and roof replaced in 2019. Adjacent 1/2 acre lot is also available to purchase for $105,000. Some furnishings are included with the home. Chelaque is a gated community on Cherokee Lake that offers residents a boat ramp, marina, and picnic pavilion. Enjoy lake life and have plenty of room for the children and grandchildren when they visit!

Last Agent to Sell the Property

Amy Shrader

REMAX Real Estate Ten of Morristown License #324868 Listed on: 08/03/2021

REMAX Real Estate Ten of Morristown

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,579

Year Built

  • Built in 1999

Lot Details

  • 0.53 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope
  • Property is in average condition

HOA Fees

  • $49 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Property Views

  • Water
  • Mountain

Home Design

  • Traditional Architecture
  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Gas Log Fireplace
  • Insulated Windows
  • Entrance Foyer
  • Living Room with Fireplace
  • 2 Fireplaces
  • Home Office
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

  • Second Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom

Outdoor Features

  • Docks
  • Lake Privileges
  • Deck
  • Enclosed patio or porch

Schools

  • Mooresburg Elementary School
  • Rogersville Middle School
  • Cherokee High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Chelaque Subdivision

Listing and Financial Details

  • Assessor Parcel Number 142o C 023.00 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,579

Year Built

Built in 1999

Lot Details

0

HOA Fees

$49 per month

Parking

3

Listing Details

  • Directions: Slate Hill Rd to JV Cir. Continue on Proffitt Ridge Rd to Chelaque gate. From gate go approx 2 miles and bear right on Chelaque Way E. 432 will be on your right across from Tahlequah.
  • Prop. Type: Residential
  • Year Built: 1999
  • Garage Garage Spaces: 3
  • Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: Chelaque
  • Architectural Style: Ranch, Traditional
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.53
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Mooresburg
  • General Property Description Middle School2: Rogersville
  • General Property Description High School3: Cherokee
  • General Property Description Lot Dimensions: IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 4240.0
  • General Property Description Above Grade SqFt: 2500.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 142o C 023.00 000
  • General Property Description # Fireplaces: 2
  • Style Ranch: Yes
  • Roof Shingle: Yes
  • General Property Description Stories2: 1
  • View Mountain(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Other Rooms Laundry: Yes
  • Utilities Cable Available: Yes
  • Foundation Block6: Yes
  • Other Rooms Bonus Room3: Yes
  • General Property Description HOA Fee: 49.0
  • View Water2: Yes
  • Property Condition Average: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Other Rooms In Law Suite: Yes
  • Other Rooms Recreation Room: Yes
  • Rooms:Office2: Yes
  • Structure Type:House: Yes
  • Other Rooms 2nd Kitchen: Yes
  • Security Features:Smoke Detector(s): Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Full, Plumbed, Walk-Out Access, See Remarks
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Entrance Foyer, Kitchen Island, Walk-In Closet(s), See Remarks
  • Window Features: Insulated Windows
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1740.0
  • Fireplace Features: Gas Log, Living Room, See Remarks
  • Fireplaces: 2
  • Total Bedrooms: 11
  • General Property Description Baths - Full: 3
  • Appliances Dishwasher: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Living Room: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Kitchen Island: Yes
  • Appliances:Electric Range: Yes
  • Full Basement: Yes
  • Basement:Basement Finished2: Yes
  • Other Rooms:Sun Room - Unheated: Yes
  • Basement:Plumbed: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Shingle
  • View: Water, Mountain(s)
  • Waterfront Features: Lake Front, Lake Privileges
  • Exterior Features: Dock, See Remarks
  • Acres: 0.53
  • Topography: Rolling Slope
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Other
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Enclosed, Porch, See Remarks
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes
  • Exterior Features:See Remarks23: Yes
  • PorchPatioDeck Porch: Yes
  • PorchPatioDeck Enclosed: Yes
  • Exterior Features:Dock: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Lake Privileges: Yes

Garage/Parking

  • Parking Features: Attached, Garage Door Opener
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage Door Opener: Yes

Utilities

  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Well
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 49.0
  • Association: Yes

Schools

  • Elementary School: Mooresburg
  • High School: Cherokee
  • Middle Or Junior School: Rogersville

Lot Info

  • Zoning: Residential
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 142o C 023.00 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 1140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2024
Sold by
Sheahen Michael E and Sheahen Julie
Bought by
Michael E Sheahen Life Trust and Sheahen
Current Estimated Value
$1,019,196

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 10, 2021
Sold by
Whitsel Janet L
Bought by
Sheahen Michael E and Sheahen Julie
Seller's Agent
Amy Shrader
REMAX Real Estate Ten of Morristown
Buyer's Agent
Non Member
Non Member
List Price
$750,000
Sold Price
$845,000
Premium/Discount to List
$95,000
12.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.08%
Original Mortgage
$275,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2005
Sold by
Milcheck Steven J and Milcheck Donna
Bought by
Whitsel Earl W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.7%

Purchase Details

Closed on
May 27, 1998
Sold by
Red Creek Ranch Inc
Bought by
Steven Milcheck

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
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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 Buyer Sale Price Title Company
Michael E Sheahen Life Trust -- None Listed On Document
Sheahen Michael E $845,000 Accommodation
Whitsel Earl W $540,000 --
Steven Milcheck $90,700 --
Red Creek Ranch Inc $1,300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sheahen Michael E $275,000
Previous Owner Whitsel Earl W $420,000
Previous Owner Steven Milcheck $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $845,000 +12.7% $199 / Sq Ft
08/04/2021 08/04/21 Pending -- -- --
07/02/2021 07/02/21 For Sale $750,000 -- $177 / Sq Ft
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 $3,579 $140,100 $23,750 $116,350
2023 $3,257 $140,100 $0 $0
2022 $3,247 $140,100 $23,750 $116,350
2021 $2,790 $131,100 $26,125 $104,975
2020 $2,469 $128,725 $23,750 $104,975
2019 $2,499 $97,500 $24,375 $73,125
2018 $2,499 $98,675 $24,375 $74,300
2017 $2,499 $98,675 $24,375 $74,300
2016 $2,499 $98,675 $24,375 $74,300
2015 $2,432 $98,675 $24,375 $74,300
2014 $2,986 $121,125 $32,500 $88,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9924976

Tennessee/Virginia Regional MLS

APN: 142O-C-023.00