21 days on rocket

390 Cherohala Skwy, Tellico Plains, TN, 37385

$549,000

Home List Price

$6,519*

Closing Credit

1 Bedroom
1 Full Bath, 4 Partial
6,322 SqFt
$87/SqFt
House

Location

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390 Cherohala Skwy, Tellico Plains$549,000

Buyer Closing Credits

$6,519*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOff-Street Parking, Common
Year Built2006
HeatingCentral, Electric
CoolingCentral Air
FireplaceNone
ViewMountain(s)
MLS #1282537
Lot Size0.60 Acres
StatusActive

About 390 Cherohala Skwy

This is absolutely the best residence and retail business location in Tellico Plains. Two million cars pass this fantastic property every year. A renovated 100 year old house and a complete new building in 2010 make up the 6300 SF. There is a full living space in the original house. A commercial kitchen is on the main floor with a 1700 sq. ft. open area ready to go. The 2100 sq. ft. second level is ready to be completed for a conference center, or lodging space. This property is right on the Cherohala Skyway with 2 million cars a year passing by. Five minutes walk to Historic Town Center.

Property Details

Property Features

Property Information:

  • Architectural Style: Historic, Traditional
  • Year Built: 2006
  • Living Area: 6,322 SqFt

Listing Office:

  • Office Name: Skyway Realty Land & Homes
  • Office Phone: (423) 253-7100

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: No
  • Flooring Type: Hardwood, Vinyl, Tile
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 4
  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Windows - Vinyl, Porch - Covered, Porch - Enclosed, Deck

Parking Information:

  • Attached Garage: No
  • Parking: Off-Street Parking, Common

Lot Features

Lot Information:

  • Lot: Irregular Lot, Level
  • Lot Size: 0.60 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Located at 390 Cherohala Skyway left off of SR. 68 in Tellico Plains

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,000
  • Price Per SqFt: $87/SqFt

Tax Information:

  • Annual Amount: $1,628
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Tellico Plains, TN.

Med. Sold Price

$259K

Med. Price/SqFt

$177

Avg. Days On Market

51

# of Sold Homes

7

390 Cherohala Skwy vs Tellico Plains

21 DAYS ON ROCKET

-30 Days

$549,000

+$289.9K More

$87/SqFt

-$91 Less

KEY TAKEAWAY

This property is $289.9K more than the Median Sold Price and $91/SqFt less than other homes in Tellico Plains, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1282537

Listing Office:

  • Office Name: Skyway Realty Land & Homes
  • Office Phone: (423) 253-7100

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: 12/17/2024, 11:51:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 14, 2010Home Sold
$350,000
Oct 08, 1993Home Sold
$22,300

Tax History

YEARPROP. TAXASSESSMENT
2020$1,628$60,720
2019$2,867$60,720
2018$2,867$189,560
2017$1,631$63,640

History based on county public records data.

Payment Calculator

$2,808

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

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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-4278559
3
/10
  • Tellico Plains Elementary School

  • 121 Old High School Rd

  • 1.31 miles

  • Public District Grades PK-4

school-card-donut-4278560
5
/10
  • Madisonville Intermediate School

  • 1000 Green Rd

  • 12.37 miles

  • Public District Grades 3-5

school-card-donut-4278561
4
/10
  • Vonore Elementary School

  • 1135 Highway 411

  • 15.69 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,629. Most Tellico Plains, TN residents have annual incomes less than $35k. 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 390 Cherohala Skwy

What is the listing price of this property?

The listing price of 390 Cherohala Skwy property is $549,000.

What type of property is this?

The property 390 Cherohala Skwy is a house located in Tellico Plains, Tennessee, 37385.

Is this property for sale now?

Active Listing: 390 Cherohala Skwy is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,628 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 14, 2010 for $350,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 390 Cherohala Skwy has 1 bedroom and 1 full and 4 half bathrooms.

What is the square footage of this property?

The property 390 Cherohala Skwy is 6,322 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 390 Cherohala Skwy is 2006.

Rocket HomesTennesseeMonroe CountyTellico Plains37385390 Cherohala Skwy

This home is located at 390 Cherohala Skwy in Tellico Plains, TN and zip code 37385. This 6,322 square foot home, which was built in 2006, sits on a 0.60 acre lot. Features: 1 bedroom, 5 bathrooms. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $549,000.

Over 1 listings were sold over their listed price in November 2024 in Tellico Plains, TN. In the same period over 3 listings were sold below the listed price and 3 listings were sold for the listed price. The number of homes for sale in Tellico Plains, TN increased by 2% between October 2024 and November 2024. While the average time on the market in November 2024 was 51 days, the median list price was $259,050.

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

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