NOT LISTED FOR SALE

501 Ivy Trail Tellico Plains, TN 37385

Estimated Value: $469,000 - $605,000

3 Beds
2 Baths
2,690 Sq Ft
$206/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $389,900 $145 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,089/month

Highlights

  • Mountain View
  • Wooded Lot
  • Covered Patio or Porch
  • Private Lot
  • Wood Flooring
  • Home Security System

About This Home

As of December 2020

Secluded wood and stone home on 5 acres adjoining Cherokee National Forest with a phenomenal view! All wood interior with tongue & groove walls & cathedral ceilings, a loft style master bedroom, granite counters and a floor to ceiling stone fireplace are among the numerous amenities in this well constructed home. Custom stone entryway, decorative retaining wall and columns installed in 2016. Front deck and cable railings were installed in 2018.. Two full length, covered porches provide comfortable outdoor living space with views of the sunset over Starr Mountain and a shared boundary with the Cherokee National Forest affords access to thousands of acres and wildlife. With three bedrooms and 3 baths, this home is well suited as a full time residence or as a vacation retreat. Most furnishings will convey. Bonus: Underground utilities, new Ring security floodlight, new WiFi thermostat, recently upgraded ADT security system, landline, internet and tv through TDS, new shiplap siding, cabin was just recently stained, new tv and swivel wall mount in master suite, new culvert and crushed stone on the driveway.

Last Agent to Sell the Property

Donna Baran

Starr Mountain Realty, LLC License #330204 Listed on: 10/20/2020

Co-Listed By

Wayne Rutherford

Keller Williams Athens License #264607

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,642

Year Built

  • Built in 2008

Lot Details

  • 5 Acre Lot
  • Private Lot
  • Wooded Lot

Property Views

  • Mountain
  • Countryside Views
  • Forest

Home Design

  • Cabin
  • Wood Siding

Interior Spaces

  • 2,690 Sq Ft Home
  • Stone Fireplace
  • Wood Flooring
  • Home Security System
  • Dishwasher
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Basement Garage

Outdoor Features

  • Covered Patio or Porch

Schools

  • Tellico Plains Middle School
  • Tellico Plains High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 185 055.08

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,642

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Directions: From Tellico Plains, take Mecca Pike to 315. Take 315 to Ivy Trail. Driveway is on the left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2008
  • Lot Size Acres: 5.0
  • Co List Office Mls Id: 2536
  • Co List Office Phone: 423-649-0090
  • Architectural Style: Cabin
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Security Alarm, Refrigerator
  • Has Basement: Partially Finished
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Flooring: Hardwood

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Mountain View, Country Setting, Wooded
  • Lot Features: Private, Wooded
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Basement

Utilities

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

Schools

  • High School: Tellico Plains
  • Middle Or Junior School: Tellico Plains

Lot Info

  • Lot Size Sq Ft: 217800.0
  • Parcel #: 185 055.08
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Nov 27, 2020
Sold by
Gonzalez John A and The John A Gonzalez Declaratio
Bought by
Niemann Randel William and Niemann Amy Lynn
Seller's Agent
Donna Baran
Starr Mountain Realty, LLC
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$389,900
Current Estimated Value
$554,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,190
Avg. Annual Appreciation
7.81%
Original Mortgage
$311,920
Outstanding Balance
$278,828
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$280,613

Purchase Details

Listed on
Feb 20, 2020
Closed on
Mar 16, 2020
Sold by
Pritchett Ann and Pritchett Carter L
Bought by
Gonzalez John A and The John A Gonzalez Declaratio
Seller's Agent
Donna Baran
Starr Mountain Realty, LLC
Buyer's Agent
Mick Ruggiero
Reliant Realty ERA Powered
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.65%

Purchase Details

Listed on
Jan 26, 2015
Closed on
Apr 24, 2015
Sold by
Gillett George
Bought by
Pritchett Ann and Pritchett Carter L
Seller's Agent
Nancy Davila
Tellico Mountain Realty, LLC
Buyer's Agent
Donna Baran
Crye-Leike REALTORS® - Athens
Sold Price
$268,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.33%
Original Mortgage
$214,400
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2012
Closed on
Mar 19, 2013
Sold by
Elister Carla P
Bought by
Gillett George
Seller's Agent
Corrina Ashe
Tellico Mountain Realty, LLC
Buyer's Agent
Nancy Davila
Skyway Realty Land & Homes
Sold Price
$240,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.40%
Original Mortgage
$192,000
Interest Rate
2.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 29, 2009
Sold by
Elster Eric P
Bought by
Elster Carla P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
5.08%

Purchase Details

Closed on
Aug 20, 2008
Sold by
Murdock James C
Bought by
Elster Eric P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.61%
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
Niemann Randel William $389,900 Equititle Inc
Gonzalez John A $300,000 Realty T&E Svcs Inc
Pritchett Ann $268,000 --
Gillett George $240,000 --
Elster Carla P -- --
Elster Eric P $243,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Niemann Randel William $311,920
Previous Owner Pritchett Ann $214,400
Previous Owner Gillett George $192,000
Previous Owner Elster Eric P $153,000
Previous Owner Murdock James C $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2020 12/01/20 Sold $389,900 +30.0% $145 / Sq Ft
03/16/2020 03/16/20 Sold $300,000 +11.9% $231 / Sq Ft
04/24/2015 04/24/15 Sold $268,000 +11.7% $173 / Sq Ft
03/19/2013 03/19/13 Sold $240,000 -- $144 / 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 $1,642 $107,800 $17,325 $90,475
2023 $1,526 $100,225 $17,325 $82,900
2022 $894 $39,900 $10,625 $29,275
2021 $894 $39,900 $10,625 $29,275
2020 $894 $39,900 $10,625 $29,275
2019 $790 $39,900 $10,625 $29,275
2018 $790 $39,900 $10,625 $29,275
2017 $791 $37,750 $10,625 $27,125
2016 $791 $37,750 $10,625 $27,125
2015 $791 $37,750 $10,625 $27,125
2014 -- $37,742 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Donna Baran

    Starr Mountain Realty, LLC

    Section Image
  • Wayne Rutherford

    Seller Co-Listing Agent in 2020

    Wayne Rutherford

    Keller Williams Athens

    (423) 887-4371

    515 Total Sales

    Wayne Rutherford
    Section Image

  • M

    Buyer's Agent in 2020

    Mick Ruggiero

    Reliant Realty ERA Powered

    Section Image

  • N

    Buyer's Agent in 2020

    Non Member Non Member

    Non-Member Office

  • Nancy Davila

    Seller's Agent in 2015

    Nancy Davila

    Tellico Mountain Realty, LLC

    (423) 295-4538

    61 Total Sales

    Nancy Davila
    Section Image
  • Corrina Ashe

    Seller's Agent in 2013

    Corrina Ashe

    Tellico Mountain Realty, LLC

    (423) 261-5480

    175 Total Sales

    Corrina Ashe
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1133346

East Tennessee REALTORS® MLS

APN: 185-055.08

Tennessee Monroe County Tellico Plains 37385

501 Ivy Trail, Tellico Plains, TN

This home is located at 501 Ivy Trail, Tellico Plains, TN 37385 since 20 October 2020 and is currently estimated at $554,090, approximately $205 per square foot. This property was built in 2008. 501 Ivy Trail is a home located in Monroe County with nearby schools including Rural Vale Elementary School and Tellico Plains 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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