NOT LISTED FOR SALE

540 Scott St Tellico Plains, TN 37385

Estimated Value: $292,000 - $380,000

2 Beds
1.5 Baths
1,920 Sq Ft
$167/Sq Ft Est. Value

Last Sold November 23, 2015

Last sale price $160,000 $83 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $1,758/month

Highlights

  • Mountain View
  • Wooded Lot
  • Covered Patio or Porch
  • Deck
  • Wood Flooring
  • Wood Frame Window

About This Home

As of November 2015

This charming cabin, located in the heart of Tellico Plains, is centered on a large level 2 acre parcel that includes mountains views! Featuring indoor/outdoor living, the home has tremendous covered porches that are cooled by fan. A large garden plot is well seasoned, fertile and ready for you to plant your tomatoes! Finish off the basement to add to your living space; it's pre-plumbed for a bathroom and is already roughed in!Enjoy the cabin's well equipped kitchen and open concept design! Take a look at what the community of Tellico Plains has to offer: Click ''more'' Tellico Plains is a small rural community, located in foothills of the the Appalachian Mountains in southeastern Tennessee. The Cherokee National Forest surrounds and permeates the area, preserving magnificent mountain scenery which changes with the four distinct seasons. Many long-time resident families still earn a living from small-scale agriculture, and many who have relocated here over the years have added farm animals, orchards, pastures, and gardens to their lives. Most often when you ask directions here, the reply will include at least one barn or a church as a landmark.
Outdoor activities are many: camping, canoeing, bicycling, world class kayaking, boating, fishing on premier trout rivers, hunting, and hiking. Tellico Plains is the gateway to the Cherohala Skyway - a National Scenic Byway and one of several excellent motorcycle sightseeing routes through the foothills of the Smokies. A walking path lined with ornamental pear trees winds across the "plains," inviting a stroll in any season.
Here you will find a slower, yet rewarding, pace of life. Turn back the hands of time and enjoy simpler pleasures, like picnicking on a mountain bald, banjo pickin' around a campfire, discovering wildflowers in the forest. Savor the comforts of small-town living, where friendships form from sharing a table at the bakery, small churches welcome newcomers, and you always see people you know at the post office.
Tellico Plains is rural yet convenient to hospitals, shopping, performing and visual arts, and other amenities of city life. You can be in a big city like Knoxville in about 1 hour (60 miles), or Maryville in about 45 minutes. Smaller cities are even closer. Madisonville (county seat of Monroe County) is just a 15 minute drive and has a Super Walmart. Athens is medium size city just 30 minutes away with even more shopping.
Tellico Plains is...
about 60 miles from Knoxville
about 75 miles from Chattanooga
about 80 miles from Pigeon Forge
about 160 miles from Atlanta
about 200 miles from Nashville

Copy and paste this link into your browser to learn more about the beautiful community of Tellico Plains:

http://www.tellico-plains.com/about.html

Please note, the septic system is designed for one bedroom, but the home has 2 bedrooms.

*Buyer to verify all information including sq ft and acreage, sq ft from tax records*

Last Agent to Sell the Property

Ann Richards

Keller Williams Realty Listed on: 07/03/2015

Last Buyer's Agent

Sarina Doughty

Weichert Realtors - The Space Place License #325891

Weichert Realtors - The Space Place

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $935

Year Built

  • Built in 1998

Lot Details

  • 2 Acre Lot
  • Wooded Lot

Parking

  • Off-Street Parking

Property Views

  • Mountain
  • Countryside Views
  • Forest
  • Seasonal

Home Design

  • Cabin
  • Log Siding
  • Rough-In Plumbing

Interior Spaces

  • 1,920 Sq Ft Home
  • Wood Burning Fireplace
  • Stone Fireplace
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Utility Room
  • Partially Finished Basement
  • Walk-Out Basement
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 146 021.03

Home Details

Home Type

Single Family

Est. Annual Taxes

$935

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Directions: From I40W, Merge onto US-129 S/TN-115 via EXIT 386B toward Airport/Smoky Mts. Stay straight to go onto US Highway 411 S/US-411 S/TN-33. Continue to follow US-411 S/TN-33 Take the ramp toward Lost Sea. Keep left at the fork in the ramp. Turn left onto TN-68/New Highway 68. Turn left onto Scott St/County Hwy-670. 540 Scott St. is straight ahead.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1998
  • Lot Size Acres: 2.0
  • Lot Size: 2 Acres
  • Architectural Style: Cabin
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher
  • Has Basement: Partially Finished, Plumbed, Roughed In, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood

Exterior Features

  • Exterior Features: Windows - Wood, Porch - Covered, Deck
  • View: Mountain View, Country Setting, Wooded, Seasonal Mountain
  • Lot Features: Wooded
  • Construction Type: Log

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking

Utilities

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

Lot Info

  • Lot Size Sq Ft: 87120.0
  • Parcel #: 146 021.03
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2019
Sold by
Collins Rex L and Collins Linda S
Bought by
Collins Rex L and Collins Linda S
Current Estimated Value
$320,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,097
Outstanding Balance
$157,606
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$162,807

Purchase Details

Listed on
Jul 3, 2015
Closed on
Nov 23, 2015
Sold by
Peterson Gary W
Bought by
Collins Rex L and Collins Linda L
Seller's Agent
Ann Richards
Keller Williams Realty
Buyer's Agent
Sarina Doughty
Weichert Realtors - The Space Place
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.24%

Purchase Details

Closed on
Feb 14, 2006
Sold by
Steve Duckett
Bought by
Thomas Hutchinson

Purchase Details

Closed on
Feb 10, 1998
Sold by
Doyle Mcdaniel
Bought by
Gary Peterson

Purchase Details

Closed on
Jun 18, 1988
Bought by
Mcdaniel Doyle
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Collins Rex L -- Closing Usa Llc
Collins Rex L $160,000 --
Thomas Hutchinson $11,500 --
Gary Peterson $77,000 --
Mcdaniel Doyle $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Rex L $180,097
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2015 11/23/15 Sold $160,000 -- $83 / 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
2025 $935 $61,425 $0 $0
2024 $935 $61,425 $7,575 $53,850
2023 $922 $60,575 $7,575 $53,000
2022 $824 $36,800 $5,375 $31,425
2021 $824 $36,800 $5,375 $31,425
2020 $824 $36,800 $5,375 $31,425
2019 $728 $36,800 $5,375 $31,425
2018 $728 $36,800 $5,375 $31,425
2017 $643 $30,725 $2,475 $28,250
2016 $643 $30,725 $2,475 $28,250
2015 $643 $30,725 $2,475 $28,250
2014 $643 $30,714 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 931944

East Tennessee REALTORS® MLS

APN: 146-021.03