26 days on rocket

7218 New Highway 68, Madisonville, TN, 37354

$635,000

Home List Price

$7,541*

Closing Credit

3 Bedrooms
3 Full Baths
3,998 SqFt
$159/SqFt
House

Location

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7218 New Highway 68, Madisonville$635,000

Buyer Closing Credits

$7,541*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Attached, Basement, Detached, Side/Rear Entry
Attached Garage4 spaces
Year Built2000
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceElectric, Free Standing
MLS #1280747
Lot Size2.10 Acres
StatusActive

About 7218 New Highway 68

So muchtooffer in this spacious home on two acres and with additional living quarters. Enter the front door or from the garage to spacious areas which are inviting and functional. Pass into the large living room which has a cathedral ceiling and hardwood floors, and is open to the kitchen and breakfast area. An abundance of natural light makes this area and excellent location to spend the day or exit to the large patio for fresh air. The formal dining room can be entered from the front foyer or the kitchen and provides ample space for entertaining. To the left of the public living area you will find the primary suite with cathedral ceiling and the laundry room. Floor plan has split bedrooms so the two additional bedrooms are to the right of the public living area. A 367 s.f. bonus room is upstairs and the additional living quarters is in the basement. A second laundry is located in the basement and the sellers will leave the washer and dryer currently there. There's a flex room and large storage closet area also located in the lower area. There's an detached garage in addition to the two car garage. This home has much to offer and viewing might end your search for your next dream home.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2000
  • Living Area: 3,998 SqFt

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 342-4200

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Vinyl, Tile
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: Electric, Free Standing

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Windows - Vinyl, Fenced - Yard, Patio, Porch - Covered, Deck

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Attached, Basement, Detached, Side/Rear Entry

Lot Features

Lot Information:

  • Lot: Private
  • Lot Size: 2.10 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From Hwy411Sheading towards Fort Loudon, take ramp toward TN-68 S/Sweetwater. Turn left at the bottom of the ramp and travel 5.9 miles to property on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $635,000
  • Price Per SqFt: $159/SqFt

Tax Information:

  • Annual Amount: $2,002
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$300K

Med. Price/SqFt

$188

Avg. Days On Market

43

# of Sold Homes

13

7218 New Highway 68 vs Madisonville

26 DAYS ON ROCKET

-17 Days

$635,000

+$335K More

$159/SqFt

-$29 Less

KEY TAKEAWAY

This property is $335K more than the Median Sold Price and $29/SqFt less 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: #1280747

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 342-4200

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: 11/23/2024, 5:20:56 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$2,002$89,375
2019$1,769$89,375
2018$1,769$89,375
2017$1,768$84,425

History based on county public records data.

Payment Calculator

$3,237

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,970

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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-937611
3
/10
  • Tellico Plains Elementary School

  • 121 Old High School Rd

  • 4.83 miles

  • Public District Grades PK-4

school-card-donut-937612
5
/10
  • Madisonville Intermediate School

  • 1000 Green Rd

  • 7.38 miles

  • Public District Grades 3-5

school-card-donut-937613
3
/10
  • Brown Intermediate School

  • 135 Starrett St

  • 12.45 miles

  • Public District Grades 5-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $53,500. The majority of Madisonville, TN residents have income between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7218 New Highway 68

What is the listing price of this property?

The listing price of 7218 New Highway 68 property is $635,000.

What type of property is this?

The property 7218 New Highway 68 is a house located in Madisonville, Tennessee, 37354.

Is this property for sale now?

Active Listing: 7218 New Highway 68 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 $2,002 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7218 New Highway 68 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7218 New Highway 68 is 3,998 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7218 New Highway 68 is 2000.

Rocket HomesTennesseeMonroe CountyMadisonville373547218 New Highway 68

This home is located at 7218 New Highway 68 in Madisonville, TN and zip code 37354. This 3,998 square foot home, which was built in 2000, sits on a 2.10 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $635,000.

While more than 0 listings in Madisonville, TN in October 2024 were sold above asking price, there were more than 6 listings sold at asking price, and more than 7 were sold below. The number of listings in Madisonville, TN increased by 10.5% between September 2024 and October 2024. In October 2024 median list price was $300,000 and the average listing age was 43 days.

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

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