18 days on rocket

405 Community Dr, Madisonville, TN, 37354

$1,999,999

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
3,602 SqFt
$555/SqFt
House
Schools Nearby

Location

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405 Community Dr, Madisonville$1,999,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Side/Rear Entry, Main Level
Garage2 spaces
Year Built2024
HeatingCentral, Electric
CoolingCentral Air
FireplaceStone, Gas Log
MLS #1261514
Lot Size27.00 Acres
StatusActive

About 405 Community Dr

Multi-Generational Living at its Best!! Brand New Modern Farmhouse on 27+ rolling acres of pastoral landscape. An absolutely stunning setting! In addition to the 3,600+ sq ft farmhouse there is also a brand new home with 2,100+ sq ft and a barn in place to begin living life on the farm. Meticulously designed with all of the latest luxury upgrades...there is no detail left undone. A few of the highlighted amenities include: a state-of-the-art kitchen with commercial Forno appliances, custom cabinetry, hidden walk-in pantry, expansive quartz countertops with lifetime warranty, 9' ceilings throughout, hidden room for 'safe storage', Alexa enabled lighting, spray in insulation on the entire home, Marvin essential windows, energy efficient DC fans, dual laundry rooms-one on each level, instant hot water heater, mud room plumbed with automatic dog watering system, abundant storage space, encapsulated crawl space, underground electric, public water PLUS a deep well for outside water use; plumbed and wired for a pool, 6' gutters with underground drainage, front and back covered porches and so much more. Conveniently located in growing Monroe County just minutes from the interstate with close proximity to Knoxville, Maryville, the Smoky Mountains and Chattanooga. If you are looking for that perfect multi-generational property where families can unite and children can grow up on the farm, this is it. Plenty of wide open space for expansion of growing families to experience what peaceful, country living is all about! Multiple options with subdividing homes and acreage to smaller offerings if desired. Call for details.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Traditional
  • Year Built: 2024
  • Living Area: 3,602 SqFt

Listing Office:

  • Office Name: Alliance Sotheby's International Realty
  • Office Phone: (865) 357-3232

Interior Features

Interior Information:

  • Appliances: Dishwasher, Gas Oven, Self Cleaning Oven, Refrigerator, Microwave
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s), Breakfast Bar, Eat-in Kitchen
  • Fireplace: Stone, Gas Log

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Exterior: Windows - Insulated, Patio, Porch - Covered

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage Door Opener, Side/Rear Entry, Main Level

Virtual/3D Tour

  • Virtual Tour: 405 Community Dr

Virtual Tour

Lot Features

Lot Information:

  • Lot: Private, Wooded, Level, Rolling/Hilly
  • Lot Size: 27.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

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: I-75 to Exit 60, TN 68S/New Hwy 68 in Monroe County. Follow TN68S/New Hwy 68 to Community Drive. Turn right onto Community Drive. Property is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,999,999
  • Price Per SqFt: $555/SqFt

Tax Information:

  • Annual Amount: $493
  • 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

$319.9K

Med. Price/SqFt

$187

Avg. Days On Market

41

# of Sold Homes

22

405 Community Dr vs Madisonville

18 DAYS ON ROCKET

-23 Days

$1,999,999

+$1.6M More

$555/SqFt

+$367 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $367/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: #1261514

Listing Office:

  • Office Name: Alliance Sotheby's International Realty
  • Office Phone: (865) 357-3232

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: 5/20/2024, 6:20:39 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$493$22,025
2019$436$22,025
2018$436$22,025
2017$420$20,225

History based on county public records data.

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,063

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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-4448201
5
/10

  • Madisonville Intermediate School

  • 1000 Green Rd

  • 3.30 miles

  • Public District Grades 3-5

Middle School

school-card-donut-4448202
4
/10

  • Madisonville Middle School

  • 175 Oak Grove Rd

  • 3.17 miles

  • Public District Grades 6-8

High School

school-card-donut-4448203
5
/10

  • Sequoyah High School

  • 3128 Highway 411

  • 5.26 miles

  • Public District Grades 9-12

school-card-donut-4448204
5
/10

  • Sweetwater High School

  • 414 S High St

  • 7.27 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,656. Residents of Madisonville, TN typically earn between $35k-100k each year. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 405 Community Dr

What is the listing price of this property?

The listing price of 405 Community Dr property is $1,999,999.

What type of property is this?

The property 405 Community Dr is a house located in Madisonville, Tennessee, 37354.

Is this property for sale now?

Active Listing: 405 Community Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 405 Community Dr are:
Madisonville Intermediate School: GreatSchools Rating 5/10
Madisonville Middle School: GreatSchools Rating 4/10
Sequoyah High School: GreatSchools Rating 5/10
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 $493 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 405 Community Dr has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 405 Community Dr is 3,602 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 405 Community Dr is 2024.

Rocket Homes›Tennessee›Monroe County›Madisonville›37354›405 Community Dr

This home is located at 405 Community Dr in Madisonville, TN and zip code 37354. This 3,602 square foot home, which was built in 2024, sits on a 27.00 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 02, 2024 and is currently priced at $1,999,999.

In April 2024 more than 6 listings in Madisonville, TN were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 12 were sold below. The number of listings in Madisonville, TN decreased by 3% between March 2024 and April 2024. In April 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $319,900.

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

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