20 days on rocket

355 Cedar Lane Rd, Madisonville, TN, 37354

$80,000

Home List Price

$950*

Closing Credit

3 Bedrooms
1 Full Bath
1,248 SqFt
$64/SqFt
House
Schools Nearby

Location

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355 Cedar Lane Rd, Madisonville$80,000

Buyer Closing Credits

$950*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage1 space
Year Built1988
HeatingSpace Heater(s), Electric
CoolingWindow Unit(s)
FireplaceNone
MLS #1258962
Lot Size0.58 Acres
StatusActive

About 355 Cedar Lane Rd

Nestled in the heart of tranquility, this delightful 3-bedroom, 1-bathroom mobile home offers the perfect blend of comfort and nature. Situated on a spacious .58-acre lot surrounded by lush greenery, this property promises a serene living experience away from the hustle and bustle of city life.

Property Details

Property Features

Property Information:

  • Architectural Style: Single Wide, Manufactured
  • Year Built: 1988
  • Living Area: 1,248 SqFt

Listing Office:

  • Office Name: Norman Lee Real Estate
  • Office Phone: (423) 442-5906

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: No
  • Flooring Type: Laminate
  • Interior: Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch - Covered

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Irregular Lot, Rolling/Hilly
  • Lot Size: 0.58 Acres

Utilities

Utilities Information:

  • Heating: Space Heater(s), Electric
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Sequoyah High School, Public District Grades 9-12
  • Sweetwater High School, Public District Grades 9-12
  • Madisonville Middle School, Public District Grades 6-8
  • Madisonville Intermediate School, Public District Grades 3-5

Other

Directions Information:

  • Directions: From Hwy 68 S go for 3.4 miles to right onto Old Tellico Hwy S., 0.5 miles turn right onto Old Federal Rd., 1.1 miles turn left onto Cedar Lane Rd., property will be on the right. S.O.P.

Price Information

Listing Price Info

Price Summary:

  • List Price: $80,000
  • Price Per SqFt: $64/SqFt

Tax Information:

  • Annual Amount: $113
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$319.9K

Med. Price/SqFt

$187

Avg. Days On Market

41

# of Sold Homes

22

355 Cedar Lane Rd vs Madisonville

20 DAYS ON ROCKET

-21 Days

$80,000

-$239.9K Less

$64/SqFt

-$124 Less

KEY TAKEAWAY

This property is $239.9K less than the Median Sold Price and $124/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: #1258962

Listing Office:

  • Office Name: Norman Lee Real Estate
  • Office Phone: (423) 442-5906

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: 5/2/2024, 8:20:26 AM 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$113$5,025
2019$99$5,025
2018$99$5,025
2017$87$4,150

History based on county public records data.

Payment Calculator

$467

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$306

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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.

Elementary School

school-card-donut-4644082
5
/10
  • Madisonville Intermediate School

  • 1000 Green Rd

  • 6.51 miles

  • Public District Grades 3-5

Middle School

school-card-donut-4644083
4
/10
  • Madisonville Middle School

  • 175 Oak Grove Rd

  • 6.40 miles

  • Public District Grades 6-8

High School

school-card-donut-4644084
4
/10
  • Sequoyah High School

  • 3128 Highway 411

  • 7.95 miles

  • Public District Grades 9-12

school-card-donut-4644085
5
/10
  • Sweetwater High School

  • 414 S High St

  • 11.02 miles

  • Public District Grades 9-12

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. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 355 Cedar Lane Rd

What is the listing price of this property?

The listing price of 355 Cedar Lane Rd property is $80,000.

What type of property is this?

The property 355 Cedar Lane Rd is a house located in Madisonville, Tennessee, 37354.

Is this property for sale now?

Active Listing: 355 Cedar Lane Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 355 Cedar Lane Rd are:
Madisonville Intermediate School: GreatSchools Rating 5/10
Madisonville Middle School: GreatSchools Rating 4/10
Sequoyah High School: GreatSchools Rating 4/10
Sweetwater High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $113 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 355 Cedar Lane Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 355 Cedar Lane Rd is 1,248 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 355 Cedar Lane Rd is 1988.

Rocket HomesTennesseeMonroe CountyMadisonville37354355 Cedar Lane Rd

This home is located at 355 Cedar Lane Rd in Madisonville, TN and zip code 37354. This 1,248 square foot home, which was built in 1988, sits on a 0.58 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $80,000.

Madisonville, TN housing market in April 2024 saw over 6 listings sold above listed price, more than 4 sold at listed price and over 12 sold below. The inventory of homes for sale in Madisonville, TN between March 2024 and April 2024 decreased by 3%. The median list price of listings available in April 2024 was $319,900, while the average time on the real estate market was 41 days.

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

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