NOT LISTED FOR SALE

5137 Cates Bend Way Powell, TN 37849

Estimated Value: $314,000 - $357,000

2 Beds
2 Baths
1,512 Sq Ft
$217/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $315,000 $208 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,007/month

1 Day on Market

Highlights

  • Countryside Views
  • Recreation Room
  • Main Floor Primary Bedroom
  • A-Frame Home
  • Wood Flooring
  • Corner Lot

About This Home

As of January 2024

Great low maintenance condo located in Powel. Inside you will find two bedrooms on the main and two full baths. Real cherry hardwoods in the living / dining area, new carpet in bedrooms and tile in the wet areas. Upstairs you will find the 3rd bedroom / bonus room that would be great for an entertainment center or playroom. Will not last long, book your showing today!

Last Agent to Sell the Property

Dustin Wrinkle

King Real Estate Services,Inc License #335343 Listed on: 12/26/2023

Last Buyer's Agent

Cindy Evans

King Real Estate Services,Inc License #339124

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $853

Year Built

  • Built in 2007

Lot Details

  • 174

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Assigned Parking

Home Design

  • A-Frame Home
  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,512 Sq Ft Home
  • Vinyl Clad Windows
  • Family Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Bonus Room
  • Countryside Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Internet Available

Additional Features

  • Patio
  • Corner Lot

Community Details

  • Association fees include grounds maintenance
  • The Village At Cates Bend Condos Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Listing and Financial Details

  • Assessor Parcel Number 066FG00101K

Home Details

Home Type

Single Family

Est. Annual Taxes

$853

Year Built

Built in 2007

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Directions: Directions: I-75 toward Lexington, Emory Road Exit, left at red light to Emory Road, then right onto Cate Road, left into at Cates Bend villages, right on Cates Bend Way.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2007
  • Subdivision Name: The Village at Cates Bend Condos
  • Architectural Style: A-Frame
  • Property Attached Yn: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1272.0
  • General Property Description:SqFt - 2nd Flr Lvl: 240.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Gas (Natural): Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • AtchdDtchd Type:Attached: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal
  • Has Basement: Slab, None
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Carpet, Hardwood, Tile
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:None15: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Slab: Yes
  • Other Rooms:Split Bedroom: Yes
  • Basement:None14: Yes
  • Other Rooms:_two_nd Rec Room: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Patio
  • View: Country Setting
  • Lot Features: Corner Lot
  • Construction Type: Vinyl Siding, Brick
  • Construction:Frame - Brick: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Designated Parking, Attached, Main Level
  • GarageParking:Attached2: Yes
  • GarageParking:Designated Parking: Yes
  • GarageParking:Main Level: Yes

Utilities

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

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Association Fee Incl:Grounds Maintenance: Yes

Fee Information

  • Association Fee Includes: Grounds Maintenance

Lot Info

  • Parcel #: 066FG00101K

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2023
Closed on
Jan 18, 2024
Sold by
Smith Paul C and Smith Theresa A
Bought by
Morgan Family Irrevocable Trust and Holland
Seller's Agent
Dustin Wrinkle
King Real Estate Services,Inc
Buyer's Agent
Cindy Evans
King Real Estate Services,Inc
List Price
$319,900
Sold Price
$315,000
Premium/Discount to List
-$4,900
-1.53%
Views
22
Current Estimated Value
$327,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,776
Avg. Annual Appreciation
2.50%

Purchase Details

Listed on
May 14, 2021
Closed on
Jul 14, 2021
Sold by
Wilson Rebecca L and Johnson Michael
Bought by
Smith Paul C and Smith Theresa A
Seller's Agent
Wanda Hendryx
House Hunters, Inc
Buyer's Agent
Dustin Wrinkle
King Real Estate Services,Inc
Sold Price
$220,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.31%
Original Mortgage
$187,000
Interest Rate
2.93%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 22, 2019
Closed on
Mar 26, 2019
Sold by
Sera Octavio D and Sera Rebecca G
Bought by
Wilson Rebecca L
List Price
$165,000
Sold Price
$167,500
Premium/Discount to List
$2,500
1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.59%
Original Mortgage
$162,475
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2013
Closed on
Nov 7, 2014
Sold by
Sheely Stevan R and Sheely Lynsey
Bought by
Sera Octavio D and Sera Rebecca G
Seller's Agent
Wendy Hohman
Crye-Leike Realtors
Buyer's Agent
Becky Sera
eXp Realty, LLC
Sold Price
$126,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.62%
Original Mortgage
$75,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2007
Sold by
Worley Builders Inc
Bought by
Sheely Stevan R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,291
Interest Rate
6.22%
Mortgage Type
FHA
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
Morgan Family Irrevocable Trust $315,000 Admiral Title
Smith Paul C $220,000 Accommodation
Wilson Rebecca L $167,500 Foothills Title Services Inc
Sera Octavio D $126,500 Radiant Title Llc
Sheely Stevan R $141,400 Tallent Title Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Paul C $187,000
Previous Owner Wilson Rebecca L $162,475
Previous Owner Sera Octavio D $75,000
Previous Owner Sheely Steven R $129,662
Previous Owner Sheely Stevan R $140,291
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $315,000 -1.5% $208 / Sq Ft
12/28/2023 12/28/23 Pending -- -- --
12/26/2023 12/26/23 For Sale $319,900 +45.4% $212 / Sq Ft
07/14/2021 07/14/21 Sold $220,000 +31.3% $154 / Sq Ft
03/26/2019 03/26/19 Sold $167,500 +1.5% $112 / Sq Ft
03/01/2019 03/01/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $165,000 +30.4% $110 / Sq Ft
11/07/2014 11/07/14 Sold $126,500 -- $88 / 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 $853 $54,900 $0 $0
2023 $853 $54,900 $0 $0
2022 $853 $54,900 $0 $0
2021 $809 $38,150 $0 $0
2020 $809 $38,150 $0 $0
2019 $809 $38,150 $0 $0
2018 $809 $38,150 $0 $0
2017 $809 $38,150 $0 $0
2016 $867 $0 $0 $0
2015 $867 $0 $0 $0
2014 $867 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1248675

East Tennessee REALTORS® MLS

APN: 066FG-00101K