NOT LISTED FOR SALE

6940 Cedar Hill Rd Talbott, TN 37877

Estimated Value: $423,000

23 Acres
$18,391 Price per Acre
1,001,880 Sq Ft Lot

Last Sold July 17, 2023

Last sale price $1,800,000 $1,871 Per Sq Ft

Current estimated payment $2,942/month

482 Days on Market

Highlights

  • Lake Front
  • Lake On Lot
  • Greenbelt
  • Barn
  • No HOA
  • Spring water is a source of water for the property

About This Lot

As of July 2023

STUNNING 23 acres of lake front property on picturesque Cherokee Lake. Located in the Cedar Hill cove, this property is an absolute gem. The property lays at the end of Cedar Hill cove providing some of the best views out to the main channel. The property is ideal for farming, building your dream home with the perfect location to enjoy 180 degrees of water, or can be developed. The property has a convenient location putting it close to Panther Creek State Park, and W Andrew Johnson Hwy allowing for easy travel to any of your needs. The property has a spring located on the property and currently holds 2 barns, a house that is currently rented, and the Cedar Hill school house that has been converted into an additional barn. This property is a must see. It will accommodate all of your thoughts, and dreams that you would like to bring to reality. Call now to schedule your showing.

Last Agent to Sell the Property

LISA BROWN

Crye-Leike Premier Real Estate LLC License #319845 Listed on: 02/15/2022

Crye-Leike Premier Real Estate LLC

Last Buyer's Agent

Lauren Castle

CASTLE & ASSOCIATES REAL ESTATE License #268079

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $462

Lot Details

  • 23 Acre Lot
  • Lake Front
  • Perimeter Fence
  • Level Lot
  • Cleared Lot

Property Views

  • Lake
  • Mountain

Schools

  • Alpha Elementary School
  • Westview Middle School
  • West High School

Farming

  • Barn

Utilities

  • Natural Gas Not Available
  • Spring water is a source of water for the property
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 015.00 000

Community Details

Overview

  • No Home Owners Association
  • Greenbelt

Recreation

  • Cove
  • Lake On Lot
  • Lake Privileges
  • Outbuilding

Property Details

Property Type

Land

Est. Annual Taxes

$462

Lot Details

0

Listing Details

  • Possible Use: Farm, Multi-Family, Single Family
  • Fencing: Perimeter
  • Property Sub Type: Farm
  • Prop. Type: Land
  • Lot Size Acres: 23.0
  • Lot Size: irr/irr/irr/irr
  • Water Body Name: Cherokee Lake
  • Subdivision Name: Other
  • Directions: W Andrew Johnson Hwy to Collinson Ford Rd. Bare left onto Hiawatha Rd. Turn left onto Cedar Hill Rd. Property is on the right before split to Lakeshore Rd. NO SIGN at the property.
  • Location Tax and Legal:Tax Annual Amount: 462.46
  • Location Tax and Legal:Tax Year2: 2020
  • Location Tax and Legal:Parcel Number2: 015.00 000
  • General Property Information:Lot Size Acres: 23.0
  • General Property Information:Lot Size Dimensions: irr/irr/irr/irr
  • General Property Information:Waterfront YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • Mobile Home Allowed:Mobile Home Allowed: No
  • Location Tax and Legal:Middle or Junior School: Westview
  • Location Tax and Legal:Elementary School: Alpha Elementary
  • Location Tax and Legal:High School: West
  • View:Mountain(s): Yes
  • Utilities:Natural Gas Not Available: Yes
  • View:Lake3: Yes
  • Other Structures:Barn(s): Yes
  • Other Structures:Outbuilding: Yes
  • Water Source:Spring: Yes
  • Lot Features Lake on Lot2: Yes
  • Special Features: VirtualTour

Interior Features

  • Community Features:None4: Yes
  • Fencing Perimeter: Yes

Exterior Features

  • Lot Features: Lake on Lot, Cleared, Gentle Sloping, Greenbelt, Level, Subdivided, Other, Livestock Permitted Improvement
  • Waterfront Features: Lake Front, Lake Privileges, Waterfront, Cove
  • Waterfront: Yes
  • Disclosures: None, Other
  • Other Structures: Barn(s), Outbuilding
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Level: Yes
  • Lot Features:Other21: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Lake Privileges: Yes
  • Lot Features:Greenbelt: Yes
  • Lot Features:Cleared: Yes
  • Lot Features:Subdivided: Yes
  • Lot Features:Livestock Permitted Improvement: Yes
  • Waterfront Features:Waterfront2: Yes
  • Waterfront Features:Cove: Yes

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Not Available
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Alpha Elementary
  • High School: West
  • Middle Or Junior School: Westview

Lot Info

  • Current Use: Livestock, Pasture, Row Crops
  • Lot Size Sq Ft: 1001880.0
  • Parcel #: 015.00 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 462.46
  • Tax Map Number: 039
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Jul 14, 2023
Sold by
Gray Donald D and Gray Sheryl
Bought by
Carlyle Timothy and Carlyle Teresa
Seller's Agent
LISA BROWN
Crye-Leike Premier Real Estate LLC
Buyer's Agent
Lauren Castle
CASTLE & ASSOCIATES REAL ESTATE
List Price
$2,000,000
Sold Price
$1,800,000
Premium/Discount to List
-$200,000
-10%
Views
24
Current Estimated Value
$423,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,377,000
Avg. Annual Appreciation
-45.44%
Original Mortgage
$2,400,000
Interest Rate
6.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 1999
Sold by
Hope Dennis
Bought by
Thomas Livesay

Purchase Details

Closed on
Nov 15, 1996
Bought by
Gray Donald and Gray Edgar

Purchase Details

Closed on
Jun 17, 1996
Sold by
Wright Rose
Bought by
Gray Edgar

Purchase Details

Closed on
Jan 10, 1980
Bought by
Hickey Beulah Rerecorded

Purchase Details

Closed on
Mar 23, 1951
Bought by
Wright Tom
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Carlyle Timothy $1,800,000 None Listed On Document
Thomas Livesay $11,250 --
Gray Donald $3,500 --
Gray Edgar $85,000 --
Hickey Beulah Rerecorded -- --
Wright Tom -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Carlyle Timothy $2,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2023 07/17/23 Sold $1,800,000 -10.0% $1,871 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
02/15/2022 02/15/22 For Sale $2,000,000 -- $2,079 / 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
2025 $8,716 $9,900 $9,900 --
2024 $150 $7,625 $7,625 --
2023 $367 $7,625 $0 $0
2022 $446 $22,625 $10,650 $11,975
2021 $462 $23,475 $11,500 $11,975
2020 $462 $23,475 $11,500 $11,975
2019 $439 $20,625 $10,025 $10,600
2018 $439 $20,625 $10,025 $10,600
2017 $439 $20,625 $10,025 $10,600
2016 $410 $20,625 $10,025 $10,600
2015 $382 $20,625 $10,025 $10,600
2014 -- $20,625 $10,025 $10,600
2013 -- $21,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 605666

Lakeway Area Association of REALTORS®

APN: 039-015.00