NOT LISTED FOR SALE

889 Matlock Bend Rd Loudon, TN 37774

Estimated Value: $443,000 - $746,000

2.04 Acres
$294,757 Price per Acre
88,862 Sq Ft Lot

Last Sold February 22, 2022

Last sale price $425,000 $171 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,426/month

About This Lot

As of February 2022

Located on the Main Channel of Watts Bar Lake. This lot is ready for your dream lakefront home. Approved for a 4 Bedroom septic. Spectacular water front views with 116' water front shoreline. Qualifies for TVA Dock permit. 20 min. to Knoxville.

Last Agent to Sell the Property

Michael Pappas

Wallace License #242842 Listed on: 07/30/2021

Wallace

Last Buyer's Agent

Jess Shepherd

Keller Williams

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $609

Year Built

  • 2003

Lot Details

  • 2.04 Acre Lot
  • Lake Front
  • Finished Lot(s)

Property Details

Property Type

Land

Est. Annual Taxes

$609

Year Built

2003

Lot Details

0

Listing Details

  • Directions: From Knoxville, I 75 South to Exit 72. Right on Hwy 72 to 2nd Matlock Bend Rd, Right on Matlock Bend Rd to lot on the left. Lot 1
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 2.04
  • Lot Size: -
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 2003

Exterior Features

  • Lot Features: Lakefront

Lot Info

  • Lot Size Sq Ft: 88862.4
  • Parcel #: -
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2020
Sold by
Surrett Douglas
Bought by
Cavanaugh Daniel and Cavanaugh Christina
Current Estimated Value
$601,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Outstanding Balance
$100,718
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$502,650

Purchase Details

Closed on
Feb 22, 2003
Bought by
Purdy James P

Purchase Details

Closed on
Mar 25, 1996
Sold by
Vanover George F
Bought by
Winston Frazier

Purchase Details

Closed on
Jan 1, 1984
Bought by
Wilson Louise
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Cavanaugh Daniel $160,000 Southeastern Ttl & Abstract
Purdy James P $200,000 --
Winston Frazier $95,000 --
Wilson Louise $3,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavanaugh Daniel $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2022 02/22/22 Sold $425,000 -14.8% $171 / Sq Ft
02/07/2022 02/07/22 For Sale $499,000 -- $201 / Sq Ft
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
2023 $609 $92,600 $0 $0
2022 $609 $40,125 $40,125 $0
2021 $609 $40,125 $40,125 $0
2020 $71 $40,125 $40,125 $0
2019 $685 $3,925 $3,925 $0
2018 $685 $38,000 $3,925 $34,075
2017 $685 $38,000 $3,925 $34,075
2016 $697 $37,500 $3,250 $34,250
2015 $697 $37,500 $3,250 $34,250
2014 $697 $37,500 $3,250 $34,250
Source: Public Records

Agents Affiliated with this Home

  • Michael Pappas

    Seller's Agent in 2022

    Michael Pappas

    Wallace

    (865) 599-8052

    3 in this area

    95 Total Sales

    Michael Pappas
    Section Image

  • J

    Buyer's Agent in 2022

    Jess Shepherd

    Keller Williams

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1162260

East Tennessee REALTORS® MLS

APN: 031-011.00

Tennessee Loudon County Loudon 37774

889 Matlock Bend Rd, Loudon, TN

This home is located at 889 Matlock Bend Rd, Loudon, TN 37774 since 30 July 2021 and is currently estimated at $601,305, approximately $242 per square foot. This property was built in 2003. 889 Matlock Bend Rd is a home located in Loudon County with nearby schools including Loudon High School.

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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