NOT LISTED FOR SALE

6369 Coves Edge Tr Russellville, TN 37860

Estimated Value: $44,000 - $78,394

0.42 Acre
$160,950 Price per Acre
18,295 Sq Ft Lot

Last Sold October 31, 2024

Last sale price $74,000

Est. 9% decrease in value since last sale

Current estimated payment $433/month

338 Days on Market

Highlights

  • Boat Ramp
  • Lake View
  • Lot Has A Rolling Slope
  • Access To Lake
  • Waterfront

About This Lot

As of October 2024

Waterfront lot on Cherokee Lake in Turners Landing development at an amazing price!. Gentle slope to the water on a protected cove, with great westerly and Cumberland mountain views. All utilities on-site including private waste water treatment facility. This lot approved for a shared floating slip with 2 other lots next to lot 53. Current floating slips to be removed.
Amenities in Turners Landing include a private, covered marina, tram to the marina, boat launch, and secluded area for trailer and RV parking. Morristown is just 15 minutes away for all your shopping and medical needs. Great opportunity to own and play on Cherokee Lake in East TN. Cut and paste URL below for aerial view of Turners Landing.

Last Agent to Sell the Property

JIM WILLIAMS

Lake Homes Realty License #320462 Listed on: 10/27/2023

Last Buyer's Agent

JIM WILLIAMS

Lake Homes Realty License #320462 Listed on: 10/27/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $326

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 52x199x45x196x100
  • Waterfront
  • Property fronts a county road
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 011D A 053.00
  • Tax Block 1010/1

Community Details

Overview

  • Turners Landing Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$326

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Directions: Take I 40 E to I 81 E to 25E (exit 8) into Morristown. Take exit 2B and turn left (east) onto on Andrew Johnson Highway, go left onto 344 E, L on Three Springs Rd, L on Talley Chapel Rd and Turners Landing is located on the right side...lot numbers on the curbs and SOP..follow Turners Landing road to L on Coves Edge Tr
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.42
  • Lot Size: 52x199x45x196x100
  • Subdivision Name: Turners Landing
  • Topography:Rolling: Yes
  • Improvements:Utilities on Site: Yes
  • Lot Description:Rolling Slope: Yes
  • View:Mountain View: Yes
  • Utilities Available:Cable TV2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Telephone5: Yes
  • Utilities Available:Water5: Yes
  • Property Sub-Type:Single Family2: Yes
  • Road Frontage:County4: Yes
  • Utilities Available:Sewer6: Yes
  • Topography:Partially Cleared: Yes
  • View Lake View: Yes
  • Community Amenities LakeWater Access2: Yes
  • Lot Description Waterfront: Yes
  • Lot Description LakeWater Access: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling, Rolling Slope
  • Topography: Partially Cleared

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Yearly

Association/Amenities

  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Boat Ramp: Yes
  • Community Amenities:Dock2: Yes

Lot Info

  • Lot Size Sq Ft: 18295.2
  • Parcel #: 011D A 053.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 1010/1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Oct 25, 2024
Sold by
Conger Gregory Robert and Conger Barbara Brooks
Bought by
Farris Corey and Farris Emily
Seller's Agent
JIM WILLIAMS
Lake Homes Realty
Buyer's Agent
JIM WILLIAMS
Lake Homes Realty
List Price
$89,000
Sold Price
$74,000
Premium/Discount to List
-$15,000
-16.85%
Views
53
Current Estimated Value
$67,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,401
Avg. Annual Appreciation
-8.73%
Original Mortgage
$44,000
Outstanding Balance
$43,569
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
$24,030

Purchase Details

Listed on
May 4, 2020
Closed on
Jul 1, 2020
Sold by
Arango David G and Arango Denise L
Bought by
Conger Gregory Robert and Conger Barbara Brooks
Seller's Agent
JIM WILLIAMS
Lake Homes Realty
Buyer's Agent
Jim Williams
Honors Real Estate Services LLC
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.99%

Purchase Details

Closed on
Apr 7, 2005
Sold by
Mckeough Land Company Inc
Bought by
Arango David G

Purchase Details

Closed on
Apr 14, 2003
Bought by
Mckeough Land Company Inc

Purchase Details

Closed on
Mar 16, 1954
Bought by
Turner Turner R and Turner Della
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
Farris Corey $74,000 Colonial Title Group
Conger Gregory Robert $60,000 Colonial Title Group Inc
Arango David G $71,900 --
Mckeough Land Company Inc $900,000 --
Turner Turner R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farris Corey $44,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2024 10/31/24 Sold $74,000 -6.3% --
09/30/2024 09/30/24 Pending -- -- --
05/07/2024 05/07/24 Price Changed $79,000 -11.2% --
10/27/2023 10/27/23 For Sale $89,000 +48.3% --
07/10/2020 07/10/20 Sold $60,000 -- -- 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
2024 $326 $16,525 $16,525 --
2023 $326 $16,525 $0 $0
2022 $326 $16,525 $16,525 $0
2021 $326 $16,525 $16,525 $0
2020 $326 $16,525 $16,525 $0
2019 $352 $16,525 $16,525 $0
2018 $352 $16,525 $16,525 $0
2017 $352 $16,525 $16,525 $0
2016 $329 $16,525 $16,525 $0
2015 $306 $16,525 $16,525 $0
2014 -- $16,525 $16,525 $0
2013 -- $26,925 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • JIM WILLIAMS

    Seller's Agent in 2024

    JIM WILLIAMS

    Lake Homes Realty

    (865) 773-8862

    119 Total Sales

    JIM WILLIAMS
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1244137

East Tennessee REALTORS® MLS

APN: 011D-A-053.00

Tennessee Hamblen County Russellville 37860

6369 Coves Edge Tr, Russellville, 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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