NOT LISTED FOR SALE

7429 Lakeshore Dr Rutledge, TN 37861

Estimated Value: $590,000 - $635,000

3 Beds
3 Baths
3,066 Sq Ft
$197/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2020

Last sale price $374,900 $122 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,403 / mo

11 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Main Floor Primary Bedroom
  • Deck
  • Wood Flooring
  • 1 Fireplace

About This Home

As of October 2020

SELLER NOW CONSIDERING OTHER OFFERS! OPEN HOUSE 9/6 FROM 2-4PM LAKE LIFE UNDER 400K! VIEWS GALORE FROM THIS 2018 CUSTOM HOME! Master + 2 Bed & 2 large baths on main. Downstairs includes finished walk-out, 2 bonus rooms, large bath, full kitchen, living, & W/D hookups! Split to 2 units for rental income or perfect for large family or guests. Open concept, trey ceilings, bamboo flooring, porcelain tiling, & MORE! Generous upstairs kitchen includes fridge, double oven and copper sink, island, & eat in. Attached 2 car garage & 2 additional parking pads for cars and boats. 20x12 shed for extra storage or shop. 2 AC units & water heaters for temp control and savings. 30 year 3D roof, Fiber Cement siding. 10 month contract with True Green and leaf guard warranty included.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,339

Year Built

  • Built in 2018

Lot Details

  • 25,265 Sq Ft Lot
  • Lot Has A Rolling Slope

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • 1 Fireplace
  • Mountain Views
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup
  • Finished Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • High Speed Internet
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Renegade Ridge Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 061F B 00500 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,339

Year Built

Built in 2018

Lot Details

0.58 Acres

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2018
  • Unit Levels: Two
  • New Construction: No
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Special Features: None

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor, High Speed Internet
  • Appliances: Dishwasher, Disposal, Refrigerator, Oven
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 1509
  • Below Grade Sq Ft: 1557
  • Building Area Units: Square Feet
  • Living Area: 3066
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Storage Building
  • Construction Type: Fiber Cement, Frame
  • Patio And Porch Features: Patio, Deck
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Cable Connected

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Rolling Slope
  • Lot Size Acres: 0.58
  • Lot Size Units: Acres
  • Parcel #: 061F B 00500 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1339
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2020
Closed on
Oct 14, 2020
Sold by
Cotten Melvin H and Cotten Kathy L
Bought by
Morelock Jeffery L and Bonniville Adria A
List Price
$374,900
Sold Price
$374,900
Current Estimated Value
$602,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,851
Avg. Annual Appreciation
9.00%
Original Mortgage
$299,920
Outstanding Balance
$266,159
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$336,592

Purchase Details

Listed on
Apr 3, 2018
Closed on
Jun 15, 2018
Sold by
Superior Structures Inc
Bought by
Cotten Melvin H and Cotten Kathy L
Seller's Agent
Kesley Tucker
Kes Realty
Buyer's Agent
Kesley Slagle
Twin Lakes Realty & Auction
Sold Price
$252,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.35%
Original Mortgage
$252,739
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Closed on
Nov 6, 2017
Sold by
Fountain Bleu Investments Inc
Bought by
Superior Structures Inc

Purchase Details

Closed on
Nov 5, 2015
Bought by
Fountain Bleu Investments Inc
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Morelock Jeffery L $374,900 Jefferson Title Inc
Cotten Melvin H $252,739 Jefferson Title Inc
Superior Structures Inc -- --
Fountain Bleu Investments Inc $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morelock Jeffery L $299,920
Previous Owner Cotten Melvin H $252,739
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2020 10/15/20 Sold $374,900 0.0% $122 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $374,900 +48.3% $122 / Sq Ft
09/13/2019 09/13/19 Off Market $252,739 -- --
06/15/2018 06/15/18 Sold $252,739 0.0% $163 / Sq Ft View Prior Sale
06/15/2018 06/15/18 Sold $252,739 +12.4% $163 / Sq Ft View Prior Sale
05/06/2018 05/06/18 Pending -- -- --
01/03/2018 01/03/18 For Sale $224,900 -- $145 / Sq Ft
Source: Realtracs

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 $2,217 $94,350 $19,200 $75,150
2024 $2,217 $94,350 $19,200 $75,150
2023 $2,217 $94,350 $19,200 $75,150
2022 $2,167 $94,350 $19,200 $75,150
2021 $2,167 $94,350 $19,200 $75,150
2020 $1,339 $94,350 $19,200 $75,150
2019 $1,339 $47,825 $4,050 $43,775
2018 $98 $47,825 $4,050 $43,775
2017 $98 $4,050 $4,050 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kesley Tucker

    KES Realty, LLC

    Section Image

  • B

    Seller Co-Listing Agent in 2018

    Benjamin Moore

    KES Realty, LLC

  • K

    Buyer's Agent in 2018

    KAREN WILDS

    RECIPROCAL OFFICE

    Section Image

  • K

    Buyer's Agent in 2018

    Kesley Slagle

    Twin Lakes Realty & Auction

See All Agents

Map

Source: Realtracs

MLS Number: 2845521

Realtracs

APN: 061F-B-005.00

Tennessee Grainger County Rutledge 37861

7429 Lakeshore Dr, Rutledge, 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.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID

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