NOT LISTED FOR SALE

7505 Evolene Cir Talbott, TN 37877

Estimated Value: $576,000 - $1,038,000

2.17 Acres
$380,636 Price per Acre
94,525 Sq Ft Lot

Last Sold November 27, 2020

Last sale price $138,000

Est. 499% increase in value since last sale

Current estimated payment $4,625/month

46 Days on Market

Highlights

  • Lake Front
  • Property fronts a channel
  • No HOA
  • Lake Privileges
  • Wooded Lot
  • Cul-De-Sac

About This Lot

As of November 2020

Hard to find 2.17 acre Cherokee Lakefront lot in West Hamblen County. This lot boasts 390 ft of shoreline on the main channel and is dock-able. 3 bedroom septic permit and new survey obtained in 2017. Situated on a cul-de-sac in Lowe Acres, this lot will offer wide open views of Cherokee Lake and the mountains in the backdrop. Lot is primarily wooded and slopes at the back toward the lake. Restrictions call for site built homes only with a minimum of 1200 sq ft for a one level home. Electric and public water at the road. Located in the Alpha school district.

Last Agent to Sell the Property

Amy Shrader

RE/MAX Real Estate Ten Midtown License #324868 Listed on: 09/30/2020

RE/MAX Real Estate Ten Midtown

Last Buyer's Agent

IAN CULLEN

Tennessee Valley Appraisal Services License #1778

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $767

Lot Details

  • 2.17 Acre Lot
  • Property fronts a channel
  • Lake Front
  • Cul-De-Sac
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Property Views

  • Lake
  • Mountain

Utilities

  • Septic Needed
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 012.00
  • Tax Block 3

Community Details

Overview

  • No Home Owners Association
  • Lowe Acres Subdivision

Recreation

  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$767

Lot Details

0

Listing Details

  • Possible Use: Single Family
  • Fencing: None
  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 2.17
  • Lot Size: 56.06/566/390/387
  • Water Body Name: Cherokee Lake
  • Subdivision Name: Lowe Acres
  • Directions: W Andrew Johnson Hwy to Lakeshore. Bear right at fork. Turn left on Lowe Drive. Right on Evolene. Lot at end of street in cul-de-sac on left.
  • Location Tax and Legal:Tax Annual Amount: 766.8
  • Location Tax and Legal:Tax Year2: 2019
  • Location Tax and Legal:Parcel Number2: 012.00
  • Location Tax and Legal:Tax Block: 3
  • General Property Information:Lot Size Acres: 2.17
  • General Property Information:Lot Size Dimensions: 56.06/566/390/387
  • General Property Information:Waterfront YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Water Source:Public: Yes
  • View:Mountain(s): Yes
  • View:Lake3: Yes
  • Utilities:DSL Internet: Yes
  • View:Water3: Yes
  • Utilities:Water Available: Yes
  • Sewer:Septic Needed: Yes
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Cul-De-Sac, Gentle Sloping, Irregular Lot, Rolling Slope, Wooded, Other
  • Waterfront Features: Lake Front, Lake Privileges, Waterfront, Main Channel
  • Waterfront: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Other21: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Lake Privileges: Yes
  • Lot Features:Wooded: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Irregular Lot: Yes
  • Waterfront Features:Waterfront2: Yes
  • Waterfront Features:Main Channel: Yes

Utilities

  • Sewer: Septic Needed
  • Utilities: Cable Available, Electricity Available, Water Available, DSL Internet

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 94525.2
  • Parcel #: 012.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 766.8
  • Tax Block: 3
  • Tax Map Number: 038L
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Nov 27, 2020
Sold by
Coleman Eve M
Bought by
Reper Louis Isaac and Reper Sharon Lynn
Seller's Agent
Amy Shrader
RE/MAX Real Estate Ten Midtown
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$150,000
Sold Price
$138,000
Premium/Discount to List
-$12,000
-8%
Current Estimated Value
$825,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$687,981
Avg. Annual Appreciation
42.12%

Purchase Details

Listed on
Oct 5, 2015
Closed on
Mar 10, 2017
Sold by
Noe Diane C
Bought by
Coleman Brian R and Coleman Eve M
Seller's Agent
D.O. Ratcliff
RE/MAX Real Estate Ten Commercial
Buyer's Agent
D.O. Ratcliff
RE/MAX Real Estate Ten Commercial
List Price
$144,900
Sold Price
$142,400
Premium/Discount to List
-$2,500
-1.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.86%
Original Mortgage
$121,040
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 1964
Bought by
Capps Marie Est
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Reper Louis Isaac $138,000 Premier Title Group Llc
Coleman Brian R $142,400 --
Capps Marie Est -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Coleman Brian R $121,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/27/2020 11/27/20 Sold $138,000 -8.0% --
11/15/2020 11/15/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $150,000 +5.3% --
04/17/2017 04/17/17 Sold $142,400 -1.7% -- View Prior Sale
01/04/2017 01/04/17 Pending -- -- --
10/05/2015 10/05/15 For Sale $144,900 -- --
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 $3,560 $242,200 $53,500 $188,700
2024 $2,748 $139,500 $36,000 $103,500
2023 $709 $139,500 $0 $0
2022 $709 $36,000 $36,000 $0
2021 $709 $36,000 $36,000 $0
2020 $709 $36,000 $36,000 $0
2019 $479 $22,500 $22,500 $0
2018 $479 $22,500 $22,500 $0
2017 $479 $22,500 $22,500 $0
2016 $448 $22,500 $22,500 $0
2015 $416 $22,500 $22,500 $0
2014 -- $22,500 $22,500 $0
2013 -- $37,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amy Shrader

    Seller's Agent in 2020

    Amy Shrader

    RE/MAX

    (423) 748-8811

    496 Total Sales

    Amy Shrader
    Section Image

  • I

    Buyer's Agent in 2020

    IAN CULLEN

    Tennessee Valley Appraisal Services

    (423) 746-0027

    4,760 Total Sales

    IAN CULLEN
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    Non Member - Sales

  • D

    Seller's Agent in 2017

    D.O. Ratcliff

    RE/MAX Real Estate Ten Commercial

See All Agents

Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 590562

Lakeway Area Association of REALTORS®

APN: 038L-A-012.00

Tennessee Hamblen County Talbott 37877

7505 Evolene Cir, Talbott, TN

Not Listed for Sale

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