4 months on rocket

518 Chestnut Pl, Loudon, TN, 37774

$485,000

Home List Price

$5,759*

Closing Credit

2 Bedrooms
2 Full Baths
1,770 SqFt
$274/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

518 Chestnut Pl, Loudon$485,000

Buyer Closing Credits

$5,759*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Attached, Main Level
Attached GarageYes
Year Built2021
HeatingCentral, Heat Pump, Electric
CoolingCentral Air, Ceiling Fan(s)
FireplaceOther, Electric, Stone
MLS #1270793
Lot Size0.15 Acres
StatusActive

About 518 Chestnut Pl

MOTIVATED SELLER! All reasonable offers will be considered. Recent Price Improvement. Experience the ultimate in low-maintenance living with this exquisite single-level ranch home, perfectly designed around a private outdoor courtyard. Nestled in the highly sought-after Tellico Village community, each home offers stunning views of your courtyard, creating a serene and private retreat. This expansive outdoor living space is ready for you to enjoy, offering the perfect blend of comfort, privacy and luxury. This immaculate property exudes owner pride and features numerous upgrades that enhance both comfort and style. Home has had no pets or smokers. LVP throughout - no carpet. Enjoy a modern kitchen equipped with stainless steel appliances, a gas top range, and stylish kitchen island pendants with a dimmer switch for customizable lighting. This home boasts an open floor plan, perfect for entertaining and comfortable living. An electric fireplace with a stone surround and mantel creates a cozy atmosphere in the living area. A dedicated space for meals that offers convenience and style with your new dining room with sliders to your private courtyard patio. Community Amenities: Many walking trails throughout Tellico Village to explore the scenic beauty, Yacht Club, Clubhouse, Wellness Center, Community Beach Area, Tennis Courts, Pickle Ball Courts and much more. Within the community of The Grove At Chatuga Cove you have a pavilion which is a perfect spot for gatherings and social events along with bocce ball courts to enjoy recreational activities. Lawn care is included in the Monthly HOA fees covering lawn mowing and trimming, ensuring low maintenance living. Exclusions: Washer & Dryer, hanging stained glass in window, tool rack, bike rack, tv mounts, fake rock in front yard. Act fast so you don't miss out on this exceptional home that offers both luxury and convenience with its location (Food Lion, Sloan's Hardware & Nursery, Wellness Center, etc.). Embrace the lifestyle you deserve in a community designed for active adults. Welcome to your new home! There is an additional fee of $80/month added to your water & sewer bill started Oct 1, 2024 for five years for infrastructure upgrades. OPEN HOUSE Saturday 12/21/24 1-4pm

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2021
  • Living Area: 1,770 SqFt

Listing Office:

  • Office Name: BHHS Lakeside Realty
  • Office Phone: (865) 458-9600

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Oven, Microwave, Range, Refrigerator, Self Cleaning Oven, Tankless Water Heater
  • Basement: No
  • Interior: Island in Kitchen, Walk-In Closet(s)
  • Fireplace: Other, Electric, Stone

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Parking Information:

  • Attached Garage: Yes
  • Parking: Garage Door Opener, Attached, Main Level

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Private, Level
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Lenoir City, go over bridge onto 444- Tellico Parkway. Turn right on Chatuga Drive - straight to the end and to The Grove at Chatuga Cove, community on left. Chestnut Place is last street on the left. If coming from Hwy 72, make left onto Chatuga and follow directions above.

Price Information

Listing Price Info

Price Summary:

  • List Price: $485,000
  • Price Per SqFt: $274/SqFt

HOA Fees:

  • Amount: $322
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Loudon, TN

City

Med. Sold Price

$585K

Med. Price/SqFt

$258

Avg. Days On Market

56

# of Sold Homes

38

518 Chestnut Pl vs Loudon

149 DAYS ON ROCKET

+93 Days

$485,000

-$100K Less

$274/SqFt

+$15 More

KEY TAKEAWAY

This property is $100K less than the Median Sold Price and $15/SqFt more 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: #1270793

Listing Office:

  • Office Name: BHHS Lakeside Realty
  • Office Phone: (865) 458-9600

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: 12/21/2024, 11:51:07 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

Sep 28, 2021Home Sold
$380,510

Tax History

YEARPROP. TAXASSESSMENT
2020 - $3,750

History based on county public records data.

Payment Calculator

$2,810

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,521

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-883048
6
/10

  • Steekee Elementary School

  • 4500 Steekee School Rd

  • 3.34 miles

  • Public District Grades PK-5

school-card-donut-883049
4
/10

  • Loudon Elementary School

  • 2175 Roberts Rd

  • 5.01 miles

  • Public District Grades PK-5

school-card-donut-883050
4
/10

  • Vonore Elementary School

  • 1135 Highway 411

  • 5.97 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 most common type of family is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 518 Chestnut Pl

What is the listing price of this property?

The listing price of 518 Chestnut Pl property is $485,000.

What type of property is this?

The property 518 Chestnut Pl is a house located in Loudon, Tennessee, 37774.

Is this property for sale now?

Active Listing: 518 Chestnut Pl is For Sale (Active/New) which means the seller is accepting offers.

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

The last sale was on September 28, 2021 for $380,510. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 518 Chestnut Pl has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 518 Chestnut Pl is 1,770 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 518 Chestnut Pl is 2021.

Rocket Homes›Tennessee›Loudon County›Loudon›37774›518 Chestnut Pl

This home is located at 518 Chestnut Pl in Loudon, TN and zip code 37774 in the Chatuga Coves neighborhood. This 1,770 square foot home, which was built in 2021, sits on a 0.15 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $485,000.

In November 2024, from all listings sold in Loudon, TN there were more than 2 sold above asking price, over 24 sold below and more than 12 were sold right at the asked price. The inventory of homes for sale in Loudon, TN between October 2024 and November 2024 decreased by 4.9%. In November 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $585,000.

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

More Resources