$399,900
SOLD NOV 27, 2024

541 Wa Ni Village Rd Rutledge, TN 37861

3 Beds
1 Bath
2,313 Sq Ft
0.6 Acres

Recently Sold

$173 Per Sq Ft

33% Above List Price

12 Days on Market

Highlights

  • Views of Trees
  • Ranch Style House
  • Granite Countertops
  • Open Floorplan
  • High Ceiling
  • No HOA

About This Home

As of November 2024

No restrictions or HOA with this property, located in scenic Grainger County farmland, within walking distance to Cherokee Lake. And you can purchase it for what double-wide manufactured homes are selling for today.
This brick home has been finished and fully remodeled in the last month. New roof. New gutters. New heat pump. New water heater. New board and batten siding installed on the front. New granite countertops. New flooring. New cabinets. New granite vanity tops. New shower. New floor tiles. New concrete patio and sidewalk. And newly painted throughout. The photos do not show kitchen appliances, but a brand-new stainless-steel appliances package is being added. Three bedrooms with one bathroom the home has 2,313 square feet of open floor space on the main level. Plus 1,395 square feet in the basement. A total of over 3,700 square feet of building space. The basement is unfinished but will provide a great space for an entertainment area, workshop, storage, and/or exercise area. Four carports provide space and shelter for multiple vehicles and/or boats.
Settle in Tennessee which has NO State Income Tax. Four full, mild seasons, within an 8-hour drive of 20 states, and the Great Smoky Mountains in its backyard. The property is in historic Grainger County with its scenic farmland, no city property taxes, and close to all necessary amenities. High-speed fiber internet is available. There is a well on the property, but public water is available if you choose to have it connected. Jefferson Memorial Hospital (a four-star nationally ranked health care provider) is within 11 miles. Walmart and Lowe's are 12 miles. Cherokee Lake is within walking distance. Yep, walking distance. Grab a fishing pole and head out. Look at the aerial photos and see for yourself how close it is. If you have a boat, 8 boat launch sites and 5 marinas to keep your boat year-round are nearby. Cherokee Dam, with year-round facilities for docking, parking, grilling stations, a public beach, restrooms, pavilion, and campground is less than 6 miles. Grainger County Park with pavilions for family gatherings, walking trails, playgrounds, and public boat ramp is less than 2 miles.
Live the Cherokee Lake Life!

Last Agent to Sell the Property

Felix Valdes

Cherokee Lake Realty License #314535 Listed on: 09/11/2024

Last Buyer's Agent

Haley Kerney

Single Tree Realty License #361922

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $900

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • 0.6 Acre Lot
  • Property fronts a county road
  • Rectangular Lot
  • Cleared Lot
  • Back and Front Yard

Parking

  • 4 Carport Spaces

Property Views

  • Pond
  • Trees
  • Pasture
  • Mountain
  • Meadow
  • Rural

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Concrete Foundation
  • Block Foundation
  • Slab Foundation
  • Shingle Roof
  • Board and Batten Siding

Interior Spaces

  • 2,313 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Walk-Out Basement
  • Interior Basement Entry

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 026.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$900

Year Built

Built in 1966 | Remodeled

Lot Details

0

Listing Details

  • Carport Y N: Yes
  • Year Built: 1966
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.6
  • Lot Size: 97/208/136/196
  • Road Frontage Type: County Road
  • Directions: On Lakeshore Drive turn into Wani Village Road, stay left at split. House will be on left.
  • Above Grade Finished Sq Ft: 2313.0
  • Architectural Style: Ranch
  • New Construction: No
  • Structure Type: House
  • Location Tax and Legal:Tax Annual Amount: 900.0
  • Location Tax and Legal:Tax Year2: 2023
  • Location Tax and Legal:Parcel Number2: 026.00
  • General Property Information:Lot Size Acres: 0.6
  • General Property Information:Lot Size Dimensions: 97/208/136/196
  • General Property Information:Waterfront YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • General Property Information:Living Area2: 2313.0
  • General Property Information:Above Grade Finished Area: 2313.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: Yes
  • Appliances Refrigerators: Yes
  • Architectural Style:Ranch: Yes
  • Cooling:Heat Pump: Yes
  • Flooring:Tile: Yes
  • Foundation Details:Block3: Yes
  • Roof:Shingle: Yes
  • Room Types:Basement3: Yes
  • Room Types:Bedroom 2 Level: Main
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • View:Mountain(s): Yes
  • Foundation Details:Slab: Yes
  • Room Types:Bathroom 1 Level: Main
  • Room Types:Bedroom 3 Level: Main
  • Utilities:Fiber Internet: Yes
  • Road Frontage Type:County Road: Yes
  • Room Type: Living Room
  • Room Type: Kitchen
  • Room Type: Dining Room
  • Room Type: Primary Bedroom
  • Room Type: Bathroom 1
  • Room Type: Laundry
  • Room Type: Basement
  • Room Type: Bedroom 2
  • Appliances Microwave: Yes
  • Laundry Features:Main Level: Yes
  • Water Source:Well: Yes
  • Room Type: Bedroom 3
  • Utilities:Water Available: Yes
  • Flooring:Luxury Vinyl: Yes
  • General Property Information:View YN2: Yes
  • Room Types:Dining Room2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Electric:Circuit Breakers: Yes
  • Property Condition:UpdatedRemodeled: Yes
  • View:Rural: Yes
  • View:TreesWoods: Yes
  • View:Pasture3: Yes
  • Room Types:Laundry: Yes
  • View:Pond3: Yes
  • View:Meadow2: Yes
  • Special Features: None

Interior Features

  • Flooring: Luxury Vinyl, Tile
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
  • Basement: Concrete, Interior Entry, Unfinished, Walk-Out Access
  • Interior Amenities: Ceiling Fan(s), Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan
  • Basement YN: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room, Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 2313.0
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Concrete: Yes
  • Basement:Unfinished: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Kitchen Island: Yes
  • Interior Features:High Speed Internet: Yes
  • Basement:Interior Entry: Yes
  • Interior Features:High Ceilings: Yes
  • Interior Features:Eat-In Kitchen2: Yes
  • Interior Features:Open Floorplan: Yes
  • Fireplace Features:Wood Burning: Yes

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Lot Features: Back Yard, Cleared, Front Yard, Rectangular Lot, Views
  • View: Yes
  • Waterfront: No
  • Construction Type: Block, Board & Batten Siding, Brick
  • Foundation Details: Block, Slab
  • Patio And Porch Features: Covered, Front Porch, Porch
  • Property Condition: Updated/Remodeled
  • Construction Materials:Block2: Yes
  • Construction Materials:Brick: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Exterior Features:Rain Gutters: Yes
  • Lot Features:Views: Yes
  • Lot Features:Cleared: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Lot Features:Back Yard2: Yes
  • Lot Features:Front Yard2: Yes
  • Lot Features:Rectangular Lot: Yes
  • Construction Materials:Board Batten Siding: Yes

Garage/Parking

  • Garage Yn: No
  • Carport Spaces: 4.0
  • General Property Information:Garage YN: No
  • General Property Information:Carport YN: Yes
  • General Property Information:Carport Spaces2: 4.0

Utilities

  • Cooling: Ceiling Fan(s), Heat Pump
  • Heating: Fireplace(s), Heat Pump
  • Sewer: Septic Tank
  • Electric: Circuit Breakers
  • Laundry Features: Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available, Fiber Internet
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Amenities: Laundry
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Lot Info

  • Lot Size Sq Ft: 26136.0
  • Parcel #: 026.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 900.0
  • Tax Map Number: 076
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2025
Sold by
Superior Structures Inc
Bought by
Cole Bruce D and Cole Billie J
Current Estimated Value
$363,645

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,900
Outstanding Balance
$49,814
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$313,831

Purchase Details

Closed on
Jun 27, 2025
Sold by
Superior Structures Inc
Bought by
Stiltner Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,900
Outstanding Balance
$49,814
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$313,831

Purchase Details

Closed on
Jun 6, 2025
Sold by
Superior Structures Inc
Bought by
Mills Darrell and Mills Jennie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,900
Outstanding Balance
$49,814
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$313,831

Purchase Details

Listed on
Sep 11, 2024
Closed on
Nov 27, 2024
Sold by
Superior Structures Inc
Bought by
Turnbull-Lenear Arianne and Lenear Floyd D
Seller's Agent
Felix Valdes
Cherokee Lake Realty
Buyer's Agent
Haley Kerney
Single Tree Realty
List Price
$299,900
Sold Price
$399,900
Premium/Discount to List
$100,000
33.34%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-11.20%
Original Mortgage
$392,656
Interest Rate
6.44%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 1, 1950
Bought by
Bales Edward C and Bales Greta
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 Type Sale Price Title Company
Warranty Deed $45,000 Lakeway Title
Warranty Deed $49,900 Lakeway Title
Warranty Deed $49,900 Lakeway Title
Warranty Deed $45,000 Lakeway Title
Warranty Deed $45,000 Lakeway Title
Warranty Deed $399,900 Lakeway Title
Warranty Deed $399,900 Lakeway Title
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $49,900 New Conventional
Closed $49,900 New Conventional
Previous Owner $392,656 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2024 11/27/24 Sold $399,900 +33.3% $173 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $299,900 -25.0% $130 / Sq Ft
09/11/2023 09/11/23 Sold $399,901 0.0% $125 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $399,900 -- $125 / Sq Ft
Source: Lakeway Area Association of REALTORS®

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 $1,612 $68,600 $22,675 $45,925
2023 $1,612 $68,600 $22,675 $45,925
2022 $1,567 $68,250 $22,325 $45,925
2021 $1,567 $68,250 $22,325 $45,925
2020 $1,462 $68,250 $22,325 $45,925
2019 $1,462 $52,225 $16,650 $35,575
2018 $1,264 $52,225 $16,650 $35,575
2017 $1,264 $52,225 $16,650 $35,575
2016 $1,264 $52,225 $16,650 $35,575
2015 $1,240 $52,225 $16,650 $35,575
2014 $1,240 $49,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 705103

Lakeway Area Association of REALTORS®

APN: 076-026.00