6 months on rocket

507 Chestnut Pl, Loudon, TN, 37774

$509,900

Home List Price

$6,055*

Closing Credit

3 Bedrooms
3 Full Baths
2,167 SqFt
$235/SqFt
House

Location

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507 Chestnut Pl, Loudon$509,900

Buyer Closing Credits

$6,055*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Attached, Off-Street Parking
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingCentral, Heat Pump, Propane, Zoned, Electric
CoolingCentral Air, Ceiling Fan(s), Zoned
FireplacePre-Fab, Insert, Gas Log
MLS #1260612
Lot Size0.16 Acres
StatusActive

About 507 Chestnut Pl

Don't miss out on one of the last opportunities to own a this BRAND NEW CONSTRUCTION Palazzo plan in The Grove at Chatuga Coves! Featuring an open concept and including three bedrooms and three full baths, this home has tons of enhancements throughout including a deluxe kitchen with GE Profile stainless steel appliances, gorgeous granite countertops throughout, arched doorways, bullnose corners, luxury vinyl plank flooring and a cozy 42'' Gathering Room fireplace. The huge Owner's Suite features a large bedroom (with access to a lovely covered porch attached to the courtyard patio), walk-in closet & a bathroom that features a large tile shower with bench, handshower & niche. This low maintenance home includes additional community amenities (community pavilion, walking trails, and bocce ball court) and also has lawn care (mowing & trimming) included in monthly HOA dues!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2024
  • Living Area: 2,167 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 588-3232

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Tankless Water Heater
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: Pre-Fab, Insert, Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Irrigation System, Window - Energy Star, Windows - Vinyl, Windows - Insulated, Fenced - Yard, Patio, Porch - Covered, Prof Landscaped, Doors - Energy Star

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Attached, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Propane, Zoned, Electric
  • Cooling: Central Air, Ceiling Fan(s), Zoned

Other

Directions Information:

  • Directions: From Lenoir City, go over bridge onto 444-Tellico Parkway. Turn (R) on Chatuga Drive - straight to The Grove at Chatuga Coves, community on (L). Or if coming from Hwy 72, make (L) into Chatuga and follow directions.

Price Information

Listing Price Info

Price Summary:

  • List Price: $509,900
  • Price Per SqFt: $235/SqFt

HOA Fees:

  • Amount: $322
  • Frequency: Monthly
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Housing Market Comparison

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

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Loudon, TN

City

Med. Sold Price

$584.9K

Med. Price/SqFt

$257

Avg. Days On Market

45

# of Sold Homes

44

507 Chestnut Pl vs Loudon

203 DAYS ON ROCKET

+158 Days

$509,900

-$75K Less

$235/SqFt

-$23 Less

KEY TAKEAWAY

This property is $75K less than the Median Sold Price and $23/SqFt less than other homes in Loudon, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1260612

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 588-3232

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: 11/15/2024, 9:20:57 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020 - $3,750

History based on county public records data.

Payment Calculator

$2,934

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,595

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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-353582
6
/10

  • Steekee Elementary School

  • 4500 Steekee School Rd

  • 3.28 miles

  • Public District Grades PK-5

school-card-donut-353583
4
/10

  • Loudon Elementary School

  • 2175 Roberts Rd

  • 4.95 miles

  • Public District Grades PK-5

school-card-donut-353584
4
/10

  • Vonore Elementary School

  • 1135 Highway 411

  • 6.02 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,438. Typical income of Loudon, TN residents is between $35k-100k annually. The majority of families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 507 Chestnut Pl

What is the listing price of this property?

The listing price of 507 Chestnut Pl property is $509,900.

What type of property is this?

The property 507 Chestnut Pl is a house located in Loudon, Tennessee, 37774.

Is this property for sale now?

Active Listing: 507 Chestnut Pl is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 507 Chestnut Pl has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 507 Chestnut Pl is 2,167 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 507 Chestnut Pl is 2024.

Rocket Homes›Tennessee›Loudon County›Loudon›37774›507 Chestnut Pl

This home is located at 507 Chestnut Pl in Loudon, TN and zip code 37774 in the Chatuga Coves neighborhood. This 2,167 square foot home, which was built in 2024, sits on a 0.16 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $509,900.

While more than 2 listings in Loudon, TN in October 2024 were sold above asking price, there were more than 9 listings sold at asking price, and more than 33 were sold below. The number of homes for sale in Loudon, TN increased by 2% between September 2024 and October 2024. In October 2024, listings were on the market for 45 days. During the same period, the median list price in this real estate market was $584,999.

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

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