2 months on rocket

531 Preserve Way, Mountain City, TN, 37683

$464,900

Home List Price

$5,521*

Closing Credit

2 Bedrooms
3 Full Baths, 1 Partial
2,786 SqFt
$167/SqFt
House

Location

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531 Preserve Way, Mountain City$464,900

Buyer Closing Credits

$5,521*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Asphalt, Attached, Gravel
Attached Garage2 spaces
Year Built1997
HeatingElectric, Fireplace(s), Forced Air, Heat Pump, Propane, Other
CoolingCeiling Fan(s), Central Air, Heat Pump
FireplaceLiving Room, Stone, See Remarks
ViewMountain(s)
MLS #9970608
Lot Size5.43 Acres
StatusActive

About 531 Preserve Way

Come and enjoy your private oasis in the hills of Tennessee! Beautiful cedar home is tucked away on over 5 acres for total privacy and enjoyment of the tranquility from the enormous wrap around decks. Step inside to be greeted by soaring vaulted ceilings, a stone fireplace, and gleaming hardwood floors giving that perfect mountain cabin feeling. Fantastic open floor plan lends itself to easy one-level living with an attached oversized two-car garage. Primary suite is located on one end of the home with two carpeted ''bonus'' rooms on the other end which can serve as additional sleeping spaces, home offices, or craft rooms. Upstairs is a large loft overlooking the living area along with another bedroom and full bath. Kitchen has ample storage and pantry space with 5 lazy Susan's! Whole-house generator, fiber optic internet, and a dual-fuel heat pump give peace of mind for those working from home. Only two miles from the Watauga Lake winery offering tastings and wood fired pizza and three miles from the gorgeous waters of Watauga Lake. An easy 20 minute drive from all of the amenities and necessities in Mountain City. Come and experience this spacious and thoughtfully laid out home today. The mountains are calling!

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin, Traditional
  • Year Built: 1997
  • Living Area: 2,786 SqFt

Listing Office:

  • Office Name: Boone Real Estate
  • Office Phone: (828) 265-1021
  • Listing Agent: Joel Farthing

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer
  • Basement: No
  • Flooring Type: Carpet, Ceramic Tile, Hardwood
  • Interior: Primary Downstairs, 2+ Person Tub, Built-in Features, Garden Tub, Kitchen/Dining Combo, Laminate Counters, Open Floorplan, Soaking Tub, Wired for Data
  • Fireplace: Living Room, Stone, See Remarks

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Back Fence, Porch/Covered, Deck, Porch Front, Porch, Wrap Around Porch

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Asphalt, Attached, Gravel

Lot Features

Lot Information:

  • Lot Size: 5.43 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From the intersection of HWY 421 and HWY 167 (Roan Creek Rd): take Roan Creek Rd. 5.8 miles to a left onto Big Dry Run. In 3.9 miles turn right onto Copperhead Hollow Rd. In 0.5 mile turn right onto Preserve Way. Driveway is 0.5 miles on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $464,900
  • Price Per SqFt: $167/SqFt

HOA Fees:

  • Amount: $365
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,350
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Mountain City, TN.

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Mountain City, TN

City

Med. Sold Price

$264.2K

Med. Price/SqFt

$159

Avg. Days On Market

99

# of Sold Homes

7

531 Preserve Way vs Mountain City

85 DAYS ON ROCKET

-14 Days

$464,900

+$200.6K More

$167/SqFt

+$8 More

KEY TAKEAWAY

This property is $200.6K more than the Median Sold Price and $8/SqFt more than other homes in Mountain City, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Tennessee/Virginia Regional MLS
  • MLS Number: #9970608

Listing Office:

  • Office Name: Boone Real Estate
  • Office Phone: (828) 265-1021
  • Listing Agent: Joel Farthing

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. 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. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2024 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 8:20:55 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

Feb 26, 2007Home Sold
$269,000
Nov 30, 2002Home Sold
$225,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,350$72,200
2019$1,350$65,850
2018$1,350$65,850
2017$1,350$65,850

History based on county public records data.

Payment Calculator

$2,418

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,460

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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-970216
5
/10

  • Doe Elementary School

  • 7164 Highway 67 W

  • 5.76 miles

  • Public District Grades PK-6

school-card-donut-970217
4
/10

  • Roan Creek Elementary School

  • 2410 Roan Creek Rd

  • 6.45 miles

  • Public District Grades PK-6

school-card-donut-970218
6
/10

  • Mountain City Elementary School

  • 301 Donnelly St

  • 10.00 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,511. The most common annual income of people living in Mountain City, TN is between $35k-100k. The majority of families are married, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 531 Preserve Way

What is the listing price of this property?

The listing price of 531 Preserve Way property is $464,900.

What type of property is this?

The property 531 Preserve Way is a house located in Mountain City, Tennessee, 37683.

Is this property for sale now?

Active Listing: 531 Preserve Way 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 $1,350 (source: MLS/based on county public records data).

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

The last sale was on February 26, 2007 for $269,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 531 Preserve Way has 2 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 531 Preserve Way is 2,786 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 Preserve Way is 1997.

Rocket Homes›Tennessee›Johnson County›Mountain City›37683›531 Preserve Way

This home is located at 531 Preserve Way in Mountain City, TN and zip code 37683. This 2,786 square foot home, which was built in 1997, sits on a 5.43 acre lot. Features: 2 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $464,900.

In October 2024, from all listings sold in Mountain City, TN there were more than 1 sold above asking price, over 5 sold below and more than 1 were sold right at the asked price. The number of listings in Mountain City, TN decreased by 7.9% between September 2024 and October 2024. Listings spent 99 days on the market in October 2024, and had a median list price of $264,250 during the same period.

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

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