11 months on rocket

535 Belcher Gap Rd, Madisonville, TN, 37354

$544,900

Home List Price

$6,471*

Closing Credit

3 Bedrooms
3 Full Baths
2,240 SqFt
$243/SqFt
House

Location

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535 Belcher Gap Rd, Madisonville$544,900

Buyer Closing Credits

$6,471*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingCarport, Detached
Year Built1984
HeatingCentral, Propane, Electric
CoolingCentral Air
BasementYes
WaterfrontPond
FireplaceWood Burning
MLS #1248620
Lot Size21.46 Acres
StatusActive

About 535 Belcher Gap Rd

BUYER'S HOME DID NOT SELL. Back on the Market at no fault of the sellers. Gorgeous 21.46 acres in country setting with so many great features, including in-ground swimming pool and several out buildings on the property. Majority of property is already fenced and ready for livestock. 43x35 Barn and pond in the pasture. There is a detached 25x28 detached garage/workshop. There is also a 12x25 small home with a full bath. With a little renovation, this building would make a wonderful tiny home, rental, or in-law sweet. The property also has a 10x20 storage shed on the property. The home has a total of 2,240 sq ft. Main level has two bedrooms, full bath, living room, and kitchen. Basement level has one room currently used as a bedroom, full kitchen, full bath, living area, and laundry room with plenty of extra storage. Basement has all new vinyl plank installed one year ago. Upstairs vinyl plank done in 2020. Pool has been well maintained, and is only covered for the winter season. Pool liner is 2 years old, and pump motor is about 6 years old. Metal roofs on pool shed, garage, and building/tiny house by garage are about 1 year old. Metal roof on house is about 8 years old. So many features to see. Buyer to verify square footage.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1984
  • Living Area: 2,240 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 983-0011

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator, Other
  • Basement: Yes
  • Flooring Type: Vinyl
  • Interior: Eat-in Kitchen
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Pond
  • Exterior: Fenced - Yard, Patio, Pool - Swim (Ingrnd), Porch - Covered

Parking Information:

  • Attached Garage: No
  • Parking: Carport, Detached

Lot Features

Lot Information:

  • Lot: Pond, Rolling/Hilly
  • Lot Size: 21.46 Acres

Utilities

Utilities Information:

  • Heating: Central, Propane, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Madisonville take New Highway 68 South towards Tellico Plains. Turn left onto Bethlhem Road go approximately .8 miles, and turn left onto Belcher Gap. Third house/driveway on right. Sign on Property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $544,900
  • Price Per SqFt: $243/SqFt

Tax Information:

  • Annual Amount: $1,162
  • Tax Year: 2020
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Housing Market Comparison

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

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Madisonville, TN

City

Med. Sold Price

$300K

Med. Price/SqFt

$188

Avg. Days On Market

43

# of Sold Homes

13

535 Belcher Gap Rd vs Madisonville

334 DAYS ON ROCKET

+291 Days

$544,900

+$244.9K More

$243/SqFt

+$55 More

KEY TAKEAWAY

This property is $244.9K more than the Median Sold Price and $55/SqFt more than other homes in Madisonville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1248620

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 983-0011

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: 11/21/2024, 4:20:57 PM 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$1,162$51,875
2019$1,027$51,875
2018$1,027$51,875
2017$898$43,150

History based on county public records data.

Payment Calculator

$2,787

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,700

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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-352790
3
/10

  • Tellico Plains Elementary School

  • 121 Old High School Rd

  • 5.22 miles

  • Public District Grades PK-4

school-card-donut-352791
5
/10

  • Madisonville Intermediate School

  • 1000 Green Rd

  • 6.23 miles

  • Public District Grades 3-5

school-card-donut-352792
4
/10

  • Vonore Elementary School

  • 1135 Highway 411

  • 11.57 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 $43,853. Typical income of Madisonville, TN residents is between $35k-100k annually. The most common type of family is 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 535 Belcher Gap Rd

What is the listing price of this property?

The listing price of 535 Belcher Gap Rd property is $544,900.

What type of property is this?

The property 535 Belcher Gap Rd is a house located in Madisonville, Tennessee, 37354.

Is this property for sale now?

Active Listing: 535 Belcher Gap Rd 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 $1,162 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 535 Belcher Gap Rd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 535 Belcher Gap Rd is 2,240 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 535 Belcher Gap Rd is 1984.

Rocket Homes›Tennessee›Monroe County›Madisonville›37354›535 Belcher Gap Rd

This home is located at 535 Belcher Gap Rd in Madisonville, TN and zip code 37354. This 2,240 square foot home, which was built in 1984, sits on a 21.46 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 23, 2023 and is currently priced at $544,900.

In October 2024 more than 0 listings in Madisonville, TN were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 7 were sold below. Between September 2024 and October 2024, Madisonville, TN real estate market has seen increase in the number of listings by 10.5%. In October 2024, listings were on the market for 43 days. During the same period, the median list price in this real estate market was $300,000.

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

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