NOT LISTED FOR SALE

563 Red Cloud Ln Ten Mile, TN 37880

Estimated Value: $687,000 - $821,401

2 Beds
3 Baths
3,304 Sq Ft
$226/Sq Ft Est. Value

Last Sold March 07, 2019

Last sale price $362,000 $110 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,080/month

71 Days on Market

Highlights

  • Lake Front
  • Deck
  • 2 Fireplaces
  • Boat Ramp
  • Traditional Architecture
  • Outdoor Storage

About This Home

As of March 2019

AFFORDABLE LAKEFRONT LIVING WITH OVER 260' OF WATER FRONTAGE! Enjoy year round water, your own private boat ramp, a covered fixed dock equipped to hold 2 boats with lifts and a floating dock perfect for fishing, swimming and relaxing on the water! Sit back and enjoy the tranquil views through the floor to ceiling windows in the great room overlooking Watts Bar Lake or unwind right outside on the over-sized covered deck. Spacious home offers 2 beds/3 baths, access to balcony from master, open concept, walkout basement perfect for a game room , 2 fireplaces and so much more! Septic is rated as a 2 bedroom however there are 2 additional rooms that could be used as bedrooms. If you're looking for a great place to entertain and enjoy lake front living at its finest without breaking the bank this home is FOR YOU!

Last Agent to Sell the Property

Jaime LeBlanc

Lake Homes Realty License #332374 Listed on: 11/09/2018

Last Buyer's Agent

Chip Hicks

EXIT Key Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,851

Year Built

  • Built in 1992

Lot Details

  • 0.95 Acre Lot
  • Lot Dimensions are 134.45 x 308.47
  • Lake Front

Home Design

  • Traditional Architecture

Interior Spaces

  • 3,304 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Finished Basement
  • Walk-Out Basement
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Boat Ramp
  • Deck
  • Outdoor Storage

Schools

  • Meigs Middle School
  • Meigs County High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Red Cloud Shores Phase 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 002j B 003.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,851

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Directions: From Kingston: L on S. Kentucky St. (Hwy 58). In approx. 3.5 ml turn R on Hwy 304 (River Rd). In 14 ml turn R on Red Cloud Rd. Follow Red Cloud for approx. 2 ml then turn R on Red Cloud Lane. Home is 1/2 ml down on L. SOP
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1992
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.95
  • Lot Size: 134.45 x 308.47
  • Subdivision Name: Red Cloud Shores-Phase 2
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Flooring: Carpet, Vinyl

Exterior Features

  • Exterior Features: Deck, Boat - Ramp
  • Lot Features: Lakefront
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

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

Schools

  • High School: Meigs County
  • Middle Or Junior School: Meigs

Lot Info

  • Lot Size Sq Ft: 41382.0
  • Parcel #: 002j B 003.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2025
Sold by
Reed Charlotte Mae and Reed Troy Martin
Bought by
Reed Family Trust and Reed
Current Estimated Value
$746,350

Purchase Details

Listed on
Nov 9, 2018
Closed on
Mar 7, 2019
Sold by
Hawkins Roger E
Bought by
Reed Charlotte Mae and Reed Troy Martin
Seller's Agent
Jaime LeBlanc
Lake Homes Realty
Buyer's Agent
Chip Hicks
EXIT Key Realty
Sold Price
$362,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%
Original Mortgage
$289,600
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
Eugene Robinson Edward
Bought by
Hawkins Roger E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.88%
Mortgage Type
Cash

Purchase Details

Closed on
Jul 20, 2000
Sold by
Michael Carter O
Bought by
Eugene Robinson Edward

Purchase Details

Closed on
Mar 15, 1991
Bought by
Carter Michael O and Carter Joan

Purchase Details

Closed on
Oct 27, 1986
Bought by
Nance Lester C

Purchase Details

Closed on
Oct 28, 1980
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
Reed Family Trust -- None Listed On Document
Reed Family Trust -- None Listed On Document
Reed Charlotte Mae $362,000 --
Reed Charlotte Mae $362,000 --
Hawkins Roger E $285,000 --
Hawkins Roger E $285,000 --
Eugene Robinson Edward $175,000 --
Carter Michael O $27,000 --
Carter Michael O $27,000 --
Nance Lester C $11,000 --
Nance Lester C $11,000 --
-- -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Charlotte Mae $289,600
Previous Owner Not Available $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2019 03/07/19 Sold $362,000 -- $110 / 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 $1,851 $109,600 $0 $0
2024 $1,851 $109,600 $27,500 $82,100
2023 $1,851 $109,600 $27,500 $82,100
2022 $1,851 $109,600 $27,500 $82,100
2021 $1,851 $109,600 $27,500 $82,100
2020 $1,616 $109,600 $27,500 $82,100
2019 $1,616 $81,575 $26,250 $55,325
2018 $1,616 $81,575 $26,250 $55,325
2017 $1,616 $81,575 $26,250 $55,325
2016 $1,616 $81,575 $26,250 $55,325
2015 $1,528 $81,575 $26,250 $55,325
2014 $1,361 $72,700 $18,375 $54,325
Source: Public Records

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1061739

East Tennessee REALTORS® MLS

APN: 002J-B-003.00