2 months on rocket

248 Cherokee Cv, Rutledge, TN, 37861

$850,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
4,092 SqFt
$208/SqFt
House

Location

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248 Cherokee Cv, Rutledge$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Designated Parking, Basement, Side/Rear Entry, Off-Street Parking
Garage1 space
Year BuiltNew Const., 2024
HeatingCentral, Electric
CoolingCentral Air
BasementYes
WaterfrontWater Access
FireplaceNone
ViewMountain(s), Lake
MLS #1276125
Lot Size0.51 Acres
StatusActive

About 248 Cherokee Cv

One of a kind new construction log home right in Rutledge! This beautiful home built by a local contractor has all the space you need plus much more! On the main level you will find the open great room with a huge, vaulted ceiling and a spacious kitchen with all appliances in place as well as a laundry hall and half bath. You will also find the master suite with large master bath attached that has a wet room as well as an oversized master closet. On the upper level you will find two additional bedrooms with the second full bath. The basement also holds a large den area, a large room that can be used as a playroom, theater room, or whatever you would like, a mechanical room, another spare room with a window and closet, and a one car garage for storage! Home has subdivision lake access but you are also located within 10 minutes of multiple other public boat launches and are only 30 minutes from Morristown and less than an hour from Knoxville. Come and take a look today!

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin
  • Year Built: 2024
  • Living Area: 4,092 SqFt

Listing Office:

  • Office Name: Single Tree Realty Co.
  • Office Phone: (865) 465-3397

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Vinyl
  • Interior: Island in Kitchen, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Water Access
  • View: Mountain(s), Lake
  • Exterior: Deck, Balcony

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Garage Door Opener, Designated Parking, Basement, Side/Rear Entry, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Rolling/Hilly
  • Lot Size: 0.51 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Rutledge Pike turn onto Highway 92 at redlight in Rutledge, turn left onto Central Point Road, turn left on Lakeshore Drive, turn right onto Cherokee Cove and property will be on right at sign.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $208/SqFt
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Housing Market Comparison

See how this home compares to others in Rutledge, TN.

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Rutledge, TN

City

Med. Sold Price

$239.9K

Med. Price/SqFt

$155

Avg. Days On Market

53

# of Sold Homes

4

248 Cherokee Cv vs Rutledge

64 DAYS ON ROCKET

+11 Days

$850,000

+$610.1K More

$208/SqFt

+$53 More

KEY TAKEAWAY

This property is $610.1K more than the Median Sold Price and $53/SqFt more than other homes in Rutledge, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1276125

Listing Office:

  • Office Name: Single Tree Realty Co.
  • Office Phone: (865) 465-3397

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/14/2024, 11:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-158506
6
/10

  • Alpha Elementary School

  • 5620 Old US 11E Hwy

  • 5.36 miles

  • Public District Grades KG-5

school-card-donut-158507
5
/10

  • Rutledge Elementary School

  • 7480 Rutledge Pike

  • 5.75 miles

  • Public District Grades 2-6

school-card-donut-158508
5
/10

  • Manley Elementary School

  • 551 W Economy Rd

  • 6.10 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,516. Residents of Rutledge, TN typically earn less than $35k each year. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 248 Cherokee Cv

What is the listing price of this property?

The listing price of 248 Cherokee Cv property is $850,000.

What type of property is this?

The property 248 Cherokee Cv is a house located in Rutledge, Tennessee, 37861.

Is this property for sale now?

Active Listing: 248 Cherokee Cv is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 248 Cherokee Cv has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 248 Cherokee Cv is 4,092 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 248 Cherokee Cv is 2024.

Rocket Homes›Tennessee›Grainger County›Rutledge›37861›248 Cherokee Cv

This home is located at 248 Cherokee Cv in Rutledge, TN and zip code 37861. This 4,092 square foot home, which was built in 2024, sits on a 0.51 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $850,000.

In October 2024 more than 0 listings in Rutledge, TN were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. Between September 2024 and October 2024, Rutledge, TN real estate market has seen increase in the number of listings by 2.3%. The median list price of listings available in October 2024 was $239,900, while the average time on the real estate market was 53 days.

From Rocket Homes Real Estate and based on county public records data.

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