NOT LISTED FOR SALE

609 Reagan Valley Rd Tellico Plains, TN 37385

Estimated Value: $649,000 - $758,000

4 Beds
3 Baths
4,112 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 02, 2015

Last sale price $310,000 $75 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,772/month

350 Days on Market

Highlights

  • Countryside Views
  • Private Lot
  • Wood Flooring
  • Contemporary Architecture
  • Wooded Lot
  • Covered Patio or Porch

About This Home

As of October 2015

Spectacular, contemporary two story log home on 2.76 surveyed acres. This huge, hansome home has all wood interior, log construction heavy duty and very spacious. All of the rooms are BIG! 9' beam ceilings, with many custom features throughout. Master bedroom has big walk-in closet, whirlpool tub, walk-in shower, his & hers vanity & sinks. Open floor plan with cathedral ceilings, stone woodburning fireplace. Elegant staircase leads up to big loft area overlooking great room. Wrap around, covered porches offer an array of outdoor enjoyment opportunities. Plenty of big windows provide lots of light and views. This gorgeous log home is nestled in the heart of the property and sits back off the road offering privacy. Foliage on three sides gives it a "hidden feel".
A new, two car detached garage was built just last year and its is immaculate! Very well thought out & built, it will appeal to the meticulous.
Convenient location between Tellico Plains and Madisonville.

Last Agent to Sell the Property

Nancy Davila

Tellico Mountain Realty, LLC License #259363 Listed on: 09/18/2014

Last Buyer's Agent

JON WOODS

WOODS REAL ESTATE License #273400

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,335

Year Built

  • Built in 2004

Lot Details

  • 2.76 Acre Lot
  • Private Lot
  • Wooded Lot

Property Views

  • Countryside Views
  • Seasonal Views

Home Design

  • Contemporary Architecture
  • Log Cabin
  • Wood Siding
  • Log Siding

Interior Spaces

  • 4,112 Sq Ft Home
  • Wood Burning Fireplace
  • Stone Fireplace
  • Insulated Windows
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Utility Room
  • Wood Flooring
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Detached Garage
  • Parking Available

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 115 021.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,335

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Directions: From Tellico Plains take Route 68 north approx. 5 miles, right on Reagan Valley Rd. .9 mi. Property is on left. No signs. Do not drive up the driveway without an appointment AND an agent!
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2004
  • Lot Size Acres: 2.76
  • Lot Size: 2.76 acres
  • Architectural Style: Contemporary, Log
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Flooring: Hardwood

Exterior Features

  • Exterior Features: Windows - Wood, Windows - Insulated, Porch - Covered
  • View: Seasonal Lake View, Country Setting
  • Lot Features: Private, Wooded
  • Construction Type: Wood Siding, Log

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, Main Level, 2 Car Garage

Utilities

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

Lot Info

  • Lot Size Sq Ft: 120225.6
  • Parcel #: 115 021.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2014
Closed on
Oct 2, 2015
Sold by
Alwell Donald
Bought by
Montgomery Barry and Montgomery Lynda H
Seller's Agent
Nancy Davila
Tellico Mountain Realty, LLC
Buyer's Agent
JON WOODS
WOODS REAL ESTATE
Sold Price
$310,000
Current Estimated Value
$683,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$373,430
Avg. Annual Appreciation
8.16%
Original Mortgage
$248,000
Outstanding Balance
$99,306
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$584,124

Purchase Details

Listed on
May 8, 2013
Closed on
Jul 26, 2013
Sold by
Deutsche Bank National Tru
Bought by
Alwell Donald
Seller's Agent
C.J. Nelson Dagnan
Keller Williams Dagnan Realty Group
Buyer's Agent
Nancy Davila
Tellico Mountain Realty, LLC
Sold Price
$174,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.83%
Original Mortgage
$100,000
Interest Rate
4.37%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 2013
Sold by
Crowder Eddie D
Bought by
Deutsche Bank National Trust C and Home Equity Mtg Loan Asset Bac

Purchase Details

Closed on
Aug 6, 1999
Bought by
Crowder Eddie D

Purchase Details

Closed on
Sep 10, 1998
Sold by
Crowder Eddie D
Bought by
Glover J C

Purchase Details

Closed on
May 12, 1994
Bought by
Crowder Eddie D

Purchase Details

Closed on
Aug 21, 1971
Bought by
Crowder Earl and Crowder Louise

Purchase Details

Closed on
Jul 31, 1971
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
Montgomery Barry $310,000 --
Alwell Donald $174,000 --
Deutsche Bank National Trust C $191,244 --
Crowder Eddie D $4,000 --
Glover J C $13,000 --
Crowder Eddie D $20,000 --
Crowder Earl -- --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montgomery Barry $248,000
Previous Owner Alwell Donald $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2015 10/02/15 Sold $310,000 +78.2% $75 / Sq Ft
08/30/2013 08/30/13 Sold $174,000 -- $70 / Sq Ft View Prior Sale
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 $2,335 $153,350 $0 $0
2024 $2,335 $153,350 $4,725 $148,625
2023 $2,335 $153,350 $4,725 $148,625
2022 $2,128 $95,000 $3,825 $91,175
2021 $2,060 $92,000 $3,825 $88,175
2020 $2,060 $92,000 $3,825 $88,175
2019 $1,821 $92,000 $3,825 $88,175
2018 $1,821 $92,000 $3,825 $88,175
2017 $1,675 $59,750 $3,825 $55,925
2016 $1,169 $55,800 $3,825 $51,975
2015 $1,169 $55,800 $3,825 $51,975
2014 $1,170 $55,849 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Davila

    Seller's Agent in 2015

    Nancy Davila

    Tellico Mountain Realty, LLC

    (423) 295-4538

    55 Total Sales

    Nancy Davila
    Section Image

  • J

    Buyer's Agent in 2015

    JON WOODS

    WOODS REAL ESTATE

  • Corrina Ashe

    Buyer's Agent in 2015

    Corrina Ashe

    Tellico Mountain Realty, LLC

    (423) 261-5480

    165 Total Sales

    Corrina Ashe
    Section Image

  • S

    Buyer's Agent in 2015

    Susan Reed

    Keller Williams Realty

    Section Image

  • C

    Seller's Agent in 2013

    C.J. Nelson Dagnan

    Keller Williams Dagnan Realty Group

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 901108

East Tennessee REALTORS® MLS

APN: 115-021.00

Tennessee Monroe County Tellico Plains 37385

609 Reagan Valley Rd, Tellico Plains, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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