NOT LISTED FOR SALE

590 Ivy Trail Tellico Plains, TN 37385

Estimated Value: $581,000 - $673,000

4 Beds
3 Baths
2,642 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 07, 2022

Last sale price $545,000 $206 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,605/month

33 Days on Market

Highlights

  • Wooded Lot
  • No HOA
  • Cooling Available
  • Wood Flooring
  • Porch
  • 2 Car Garage

About This Home

As of October 2022

The internet provider is TDS and they offer 3 LEVELS of INTERNEST SPEED.... BASIC, TURBO and MOCK SPEEDS! Log cabin nested in a very private rural setting but still just minutes to Tellico Plains. You are not far from Maryville, Knoxville and Chattanooga! Property backs up to Cherokee national Forest As you come up driveway to Log cabin you have large open front porch that greets you enjoy rocking or sitting in a swing setting. Enter into cabin to open floor plan. The living room has a cozy stoned wood burning fireplace. There is a place for a farm table between the living room and kitchen. The kitchen is open and easy to work in. The breakfast bar has sitting area for family. Master bedroom and full bath are just off kitchen. You go down a short hall to a laundry closet. The screen back porch has hot tub to enjoy a private setting and watch wild life roaming in the woods. Upstairs you have a loft area to enjoy TV, games, reading as well as is a computer nook. There are 2 bedrooms with full bath. This property also features the 2 spacious car garage Plus 672 st ft Efficiency Apartment upstairs, great place to stick the in-laws... right!?!... All this sits on a very private wooded 7.54 acres

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,660

Year Built

  • Built in 2008

Lot Details

  • 7.54 Acre Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Metal Roof
  • Log Siding

Interior Spaces

  • 2,642 Sq Ft Home
  • Property has 3 Levels
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Porch

Schools

  • Tellico Plains Elementary School
  • Tellico Plains Junior High School
  • Tellico Plains High School

Utilities

  • Cooling Available
  • Heating Available
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 185 05501 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,660

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2008
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 4238832118
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: High Ceilings, Open Floorplan, Primary Bedroom Main Floor
  • Appliances: Microwave, Dishwasher
  • Fireplace Features: Living Room, Wood Burning
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Finished Wood
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Has Basement: Other
  • Building Area Units: Square Feet
  • Living Area: 2642
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Garage Door Opener
  • Construction Type: Log
  • Patio And Porch Features: Porch, Screened
  • Pool Private: No
  • Roof: Metal
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Detached
  • Total Parking Spaces: 2

Utilities

  • Water Source: Well
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Wooded
  • Lot Size Acres: 7.54
  • Lot Size: irr
  • Lot Size Units: Acres
  • Parcel #: 185 05501 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1660

MLS Schools

  • Elementary School: Tellico Plains Elementary
  • High School: Tellico Plains High School
  • Middle Or Junior School: Tellico Plains Junior High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2022
Closed on
Oct 7, 2022
Sold by
Lacey John Edward and Lacey Sandra Kay
Bought by
Steward Raymond W and Steward Sandra L
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%
Current Estimated Value
$627,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,558
Avg. Annual Appreciation
4.07%
Original Mortgage
$270,000
Outstanding Balance
$261,151
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$349,753

Purchase Details

Closed on
Aug 26, 2010
Sold by
Lacey John Edward
Bought by
Lacey John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
4.59%

Purchase Details

Closed on
Nov 20, 2007
Sold by
James Murdock
Bought by
Edward Lacey John

Purchase Details

Closed on
Feb 3, 2006
Bought by
Lacey John Edward and Lacey S
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Steward Raymond W -- Reliance Title
Lacey John E -- --
Edward Lacey John -- --
Lacey John Edward $44,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Steward Raymond W $270,000
Previous Owner Lacey John Edward $153,000
Previous Owner Lacey John Edward Lacey Robert P $162,000
Previous Owner Edward Lacey John $190,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $545,000 -5.2% $206 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $575,000 -- $218 / Sq Ft
Source: Realtracs

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 $2,219 $145,750 $29,075 $116,675
2023 $2,067 $135,725 $29,075 $106,650
2022 $1,660 $74,125 $13,075 $61,050
2021 $1,660 $74,125 $13,075 $61,050
2020 $1,660 $74,125 $13,075 $61,050
2019 $1,467 $74,125 $13,075 $61,050
2018 $1,111 $56,125 $13,075 $43,050
2017 $1,053 $50,300 $13,100 $37,200
2016 $1,053 $50,300 $13,100 $37,200
2015 $1,053 $50,300 $13,100 $37,200
2014 $1,053 $50,300 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2717555

Realtracs

APN: 185-055.01