$355,000
SOLD JUN 26, 2020

511 Laurel Lake Cir Madisonville, TN 37354

3 Beds
2 Baths
1,862 Sq Ft
0.7 Acres

Recently Sold

$191 Per Sq Ft

10 Days on Market

Highlights

  • Lake Front
  • Craftsman Architecture
  • Deck
  • Lake Property
  • Mountain View
  • Private Lot

About This Home

As of June 2020

The only lakefront home currently listed in this gated community, this home is priced to sell and fully furnished, move in ready. The home boasts cathedral ceilings, hardwood floors throughout with tile in the bathrooms, walk-in closets, large decks, a screened gazebo with hot tub, and its own private boat dock. It also has 2 well maintained garages for your convenience. This home is perfect for entertaining with oversized windows in the large living room for a year round scenic view and the large outdoor living space including the deck, gazebo, private boat dock, and even a fire pit for the ultimate outdoor living experience!
Laurel Mountain Lake Community is a true gated community with a spring fed 60ac lake with a sandy beach area and picnic table for community use.

Last Agent to Sell the Property

Sonya Dalton

Realty Executives Main Street License #348845 Listed on: 05/28/2020

Realty Executives Main Street

Co-Listed By

Jonathan Dilliha

Realty Executives Main Street License #339683

Last Buyer's Agent

Will Raby

East Tennessee Properties, LLC License #341568

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,993

Year Built

  • Built in 1972

Lot Details

  • Lake Front
  • Private Lot
  • Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Craftsman Architecture
  • Traditional Architecture
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1,862 Sq Ft Home
  • Stone Fireplace
  • ENERGY STAR Qualified Windows
  • ENERGY STAR Qualified Doors
  • Screened Porch
  • Partially Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Detached Garage
  • Parking Available
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Access To Lake
  • Lake Property
  • Balcony
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage

Schools

  • Madisonville Middle School
  • Sequoyah High School

Utilities

  • Zoned Heating and Cooling System
  • Power Generator

Community Details

  • Association fees include all amenities
  • Laurel Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 115g B 012.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,993

Year Built

Built in 1972

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Directions: From Madisonville, Highway 68 toward Tellico Plains, 4 miles Turn left onto Bethlehem Rd 1.0 mi Continue straight onto Bethlehem Church Rd 0.5 mi Continue onto Big Creek Rd 0.2 mi Turn left onto Laurel Branch Rd 0.7 mi Continue onto Laurel Lake Cir Destination will be on the left
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1972
  • Road Frontage Type: Lakefront
  • Lot Size: 97.3 X 133 IRR
  • Co List Office Mls Id: 2824
  • Co List Office Phone: 423-836-9494
  • Subdivision Name: Laurel Lake
  • Architectural Style: Craftsman, Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Backup Generator, Dishwasher, Dryer, Gas Grill, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Has Basement: Partially Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Flooring: Hardwood, Tile

Exterior Features

  • Exterior Features: Window - Energy Star, Patio, Porch - Covered, Porch - Screened, Deck, Balcony, Doors - Energy Star
  • View: Mountain View, Country Setting
  • Lot Features: Waterfront Access, Private, Man-Made Lake, Lakefront, Lake Access, Wooded
  • Construction Type: Stone, Wood Siding
  • Other Structures: Storage, Workshop

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Door Opener, Detached, Main Level, Off-Street Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Fee Information

  • Association Fee Includes: All Amenities

Schools

  • High School: Sequoyah
  • Middle Or Junior School: Madisonville Middle

Lot Info

  • Parcel #: 115g B 012.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Jun 23, 2020
Sold by
Wagner Hally M and Semanski Jeffery A
Bought by
Wadman William
Seller's Agent
Sonya Dalton
Realty Executives Main Street
Buyer's Agent
Will Raby
East Tennessee Properties, LLC
Sold Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.28%

Purchase Details

Closed on
Apr 26, 2012
Sold by
Malak Clarkia D
Bought by
Malak Anthony P

Purchase Details

Closed on
Nov 21, 2001
Sold by
Moser Ronnie
Bought by
Malak Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.6%

Purchase Details

Closed on
Nov 28, 1990

Purchase Details

Closed on
Jan 7, 1985
Bought by
Watson Rollin J and Watson Norma

Purchase Details

Closed on
Oct 23, 1972
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

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

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 $1,993 $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

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1118197

East Tennessee REALTORS® MLS

APN: 115G-B-012.00