511 Laurel Lake Cir Madisonville, TN 37354
Estimated payment $4,404/month
Total Views
3,959
3
Beds
2
Baths
2,462
Sq Ft
$304
Price per Sq Ft
Highlights
- Lake Front
- Spa
- Community Lake
- Boat Ramp
- Gated Community
- Deck
About This Home
**Lakefront Retreat in Gated Mountain Community - Laurel Mountain Lakes**
Discover serenity at this **3-bedroom, 2-bath** home nestled on a **private mountain lake** in the sought-after **Laurel Mountain Lakes** community. This hidden gem offers a unique blend of tranquility and convenience, located between **Madisonville** and **Tellico Plains**.
This unique split level home has shared living room and kitchen with upstairs primary bedroom and bath with laundry. Downstairs will find 2 bedrooms and 1 bath.
Wake up to breathtaking lake views from your back deck, perfect for morning or evening relaxation. This well-maintained home boasts an **extra-large primary bedroom**, a spacious living area ideal for entertaining, and even a **hot tub** for ultimate relaxation.
With **two detached garages**, there's ample space for vehicles, storage, or hobbies. The 24 x 30 garage is plumbed for a bathroom and has electric, Second garage is 20 x 23. The **gated community** features a variety of distinctive homes, adding charm and character to the area. Whether you're looking for a **full-time residence** or a **private getaway**, this property offers the perfect blend of natural beauty and modern comfort.
Enjoy peace, privacy, and stunning lake views every day in this **rare lakefront opportunity**. Don't miss your chance to own a piece of paradise! Buyer to verify all information.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,993
Year Built
- Built in 1972
Lot Details
- 0.7 Acre Lot
- Lake Front
HOA Fees
- $46 Monthly HOA Fees
Parking
- 4 Car Detached Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Frame Construction
- Stone Siding
- Vinyl Siding
Interior Spaces
- 2,462 Sq Ft Home
- Wood Burning Fireplace
- Stone Fireplace
- Great Room
- Formal Dining Room
- Screened Porch
- Storage
- Lake Views
- Finished Basement
- Walk-Out Basement
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Walk-in Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Spa
- Deck
- Patio
Utilities
- Zoned Heating and Cooling System
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 115G B 012.00
Community Details
Overview
- Association fees include security
- Laurel Mountain Lake Subdivision
- Mandatory home owners association
- Community Lake
Amenities
- Picnic Area
Recreation
- Boat Ramp
Security
- Security Service
- Gated Community
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,993 | $130,850 | $17,325 | $113,525 |
| 2023 | $1,993 | $130,850 | $17,325 | $113,525 |
| 2022 | $1,322 | $59,025 | $10,125 | $48,900 |
| 2021 | $1,310 | $58,500 | $10,125 | $48,375 |
| 2020 | $1,310 | $58,500 | $10,125 | $48,375 |
| 2019 | $1,158 | $58,500 | $10,125 | $48,375 |
| 2018 | $1,158 | $58,500 | $10,125 | $48,375 |
| 2017 | $1,056 | $50,425 | $10,125 | $40,300 |
| 2016 | $976 | $50,425 | $10,125 | $40,300 |
| 2015 | $976 | $46,625 | $10,125 | $36,500 |
| 2014 | $976 | $46,618 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2024 09/26/24 | For Sale | $749,000 | +111.0% | $304 / Sq Ft |
| 06/26/2020 06/26/20 | Sold | $355,000 | -- | $191 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $355,000 | None Available | |
| Quit Claim Deed | -- | -- | |
| Deed | $125,000 | -- | |
| Warranty Deed | $66,000 | -- | |
| Deed | -- | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $80,000 | No Value Available |
Source: Public Records
Similar Homes in Madisonville, TN
Source: East Tennessee REALTORS® MLS
MLS Number: 1277736
APN: 115G-B-012.00
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.
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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