24 days on rocket

935 N Old Tellico Hwy, Madisonville, TN, 37354

$399,900

Home List Price

$4,749*

Closing Credit

2 Bedrooms
1 Full Bath
1,216 SqFt
$329/SqFt
House

Location

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935 N Old Tellico Hwy, Madisonville$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingNone
Year Built1984
HeatingActive Solar, Propane, Other
FireplaceMasonry, Insert
ViewTrees/Woods
MLS #1280758
Lot Size6.28 Acres
StatusActive

About 935 N Old Tellico Hwy

House is occupied with pets on the premises, so please allow up to 24 hours' notice for showing requests, if possible. Supra lockbox on the front porch screen door. Public Remarks: Quiet country life with income potential! Not only will you enjoy the benefits of this secluded, spacious, off-grid home, this property has the potential to earn $1600 per month in RV site rental income. There are two existing (yet private from the main house) RV sites with water and electrical hookups plus there is a septic dump station for emptying holding tanks. Current tenants will be on month-to-month leases so they are not locked in if you choose not to employ this option. Because the RV sites are already cleared, they are also suitable for horses, livestock, gardens, orchards, crop production or as additional home sites. The possibilities are numerous but not limited to those listed since there are no restrictions that you may find within town or city limits. The spectacularly updated home features 100% solar power. It's currently on city water but can be converted utilizing the existing 1500-gallon water catchment system. The home includes a propane range and oven with a second additional electric convection oven. The inverter technology ductless mini-split system and three individually controlled inside units with Wi-Fi control coupled with a new woodstove fireplace insert will easily and efficiently manage of your heating and cooling needs. An emergency back-up generator and two propane tanks which feed the range and on-demand water heater are also included. Additionally, a lovely chicken coop and run are in place and should you desire, the chickens are included. A sweet little produce stand marks the entrance to the drive. There are so many ways to customize this gem of a property! Peace and quiet abound, but The Tail of the Dragon, The Cherohala Skyway, Tellico Plains, Madisonville, Knoxville and plenty of other retail services are located just a few miles in various directions.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin
  • Year Built: 1984
  • Living Area: 1,216 SqFt

Listing Office:

  • Office Name: Southern Homes
  • Office Phone: (423) 744-3515

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator, Self Cleaning Oven
  • Basement: No
  • Flooring Type: Laminate, Other
  • Interior: Island in Kitchen, Eat-in Kitchen
  • Fireplace: Masonry, Insert

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Windows - Vinyl, Windows - Insulated, Porch - Covered, Deck

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Private, Wooded, Irregular Lot, Rolling/Hilly
  • Lot Size: 6.28 Acres

Utilities

Utilities Information:

  • Heating: Active Solar, Propane, Other

Other

Directions Information:

  • Directions: From Madisonville, take Old Tellico Hwy N. for approximately three miles to the property on the Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $329/SqFt
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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

935 N Old Tellico Hwy vs Madisonville

24 DAYS ON ROCKET

-19 Days

$399,900

+$99.9K More

$329/SqFt

+$141 More

KEY TAKEAWAY

This property is $99.9K more than the Median Sold Price and $141/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: #1280758

Listing Office:

  • Office Name: Southern Homes
  • Office Phone: (423) 744-3515

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

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$2,063

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-277229
5
/10

  • Madisonville Intermediate School

  • 1000 Green Rd

  • 4.79 miles

  • Public District Grades 3-5

school-card-donut-277230
3
/10

  • Tellico Plains Elementary School

  • 121 Old High School Rd

  • 6.86 miles

  • Public District Grades PK-4

school-card-donut-277231
3
/10

  • Brown Intermediate School

  • 135 Starrett St

  • 10.18 miles

  • Public District Grades 5-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $43,853. The majority of Madisonville, TN residents have income between $35k-100k annually. Typical family type is married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 935 N Old Tellico Hwy

What is the listing price of this property?

The listing price of 935 N Old Tellico Hwy property is $399,900.

What type of property is this?

The property 935 N Old Tellico Hwy is a house located in Madisonville, Tennessee, 37354.

Is this property for sale now?

Active Listing: 935 N Old Tellico Hwy is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 935 N Old Tellico Hwy has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 935 N Old Tellico Hwy is 1,216 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 935 N Old Tellico Hwy is 1984.

Rocket Homes›Tennessee›Monroe County›Madisonville›37354›935 N Old Tellico Hwy

This home is located at 935 N Old Tellico Hwy in Madisonville, TN and zip code 37354. This 1,216 square foot home, which was built in 1984, sits on a 6.28 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $399,900.

In October 2024, from all listings sold in Madisonville, TN there were more than 0 sold above asking price, over 7 sold below and more than 6 were sold right at the asked price. The number of homes for sale in Madisonville, TN increased by 10.5% between September 2024 and October 2024. Listings spent 43 days on the market in October 2024, and had a median list price of $300,000 during the same period.

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

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