4 months on rocket

7795 New Highway 68, Madisonville, TN, 37354

$525,000

Home List Price

$6,234*

Closing Credit

2 Bedrooms
2 Full Baths
2,317 SqFt
$227/SqFt
House
Schools Nearby

Location

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7795 New Highway 68, Madisonville$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Detached, Side/Rear Entry, Main Level
Garage2 spaces
Year Built2003
HeatingCentral, Propane
CoolingCentral Air
FireplaceGas Log
MLS #1249073
Lot Size1.52 Acres
StatusActive

About 7795 New Highway 68

Here is an upscale, custom built 2 bedroom, 2 bath home with a bonus room being used as a 3rd bedroom. It sits on 1.52 acres in a great location between Madisonville and Tellico Plains. Conveniently located on Hwy 68 but tucked away just enough for a private and country feel. With a total of 2,317 sqft. , there is plenty of space for your family and to entertain your friends. The home includes hardwood and tile flooring throughout, a kitchen that is open to the formal dining room and large Family room with trey ceilings, enclosed sunroom, large master bedroom and a spacious den. Located just outside the sunroom you are greeted with an above ground pool that is surrounded with decking, perfect for those summertime pool parties and BBQ's. Beautiful pool house with a full bathroom and kitchenette. This property has a 28x28 detached garage, a dreamy She-Shed, and amazing landscaping. Comes with a 1 year Home Warranty. This is and Absolute Must See!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2003
  • Living Area: 2,317 SqFt

Listing Office:

  • Office Name: East Tennessee Properties, LLC
  • Office Phone: (423) 453-5722

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Refrigerator, Microwave, Washer
  • Basement: No
  • Flooring Type: Hardwood
  • Interior: Eat-in Kitchen
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Windows - Vinyl, Pool - Swim(Abv Grd), Porch - Covered, Porch - Enclosed, Deck

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Irregular Lot
  • Lot Size: 1.52 Acres

Utilities

Utilities Information:

  • Heating: Central, Propane
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Tellico Plains High School, Public District Grades 9-12
  • Sweetwater High School, Public District Grades 9-12
  • Tellico Plains Junior High School, Public District Grades 5-8
  • Tellico Plains Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Take New Highway 68 S towards Tellico Plains. Home is on the right; past Roses Well Drilling but before Reagan Valley Rd. SOP

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $227/SqFt

Tax Information:

  • Annual Amount: $1,369
  • 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

7795 New Highway 68 vs Madisonville

122 DAYS ON ROCKET

+81 Days

$525,000

+$205.1K More

$227/SqFt

+$39 More

KEY TAKEAWAY

This property is $205.1K more than the Median Sold Price and $39/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: #1249073

Listing Office:

  • Office Name: East Tennessee Properties, LLC
  • Office Phone: (423) 453-5722

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: 5/4/2024, 12:50:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 25, 2019Home Sold
$235,000
Feb 13, 2007Home Sold
$297,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,369$61,125
2019$1,210$61,125
2018$1,210$61,125
2017$1,152$55,025

History based on county public records data.

Payment Calculator

$2,688

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-5665379
3
/10

  • Tellico Plains Elementary School

  • 121 Old High School Rd

  • 3.68 miles

  • Public District Grades PK-4

Middle School

school-card-donut-5665380
6
/10

  • Tellico Plains Junior High School

  • 120 Old High School Rd

  • 3.71 miles

  • Public District Grades 5-8

High School

school-card-donut-5665381
5
/10

  • Tellico Plains High School

  • 9180 Hwy 68

  • 4.24 miles

  • Public District Grades 9-12

school-card-donut-5665382
5
/10

  • Sweetwater High School

  • 414 S High St

  • 13.99 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 $43,853. The majority of Madisonville, TN residents have income between $35k-100k annually. Most families are 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 7795 New Highway 68

What is the listing price of this property?

The listing price of 7795 New Highway 68 property is $525,000.

What type of property is this?

The property 7795 New Highway 68 is a house located in Madisonville, Tennessee, 37354.

Is this property for sale now?

Active Listing: 7795 New Highway 68 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7795 New Highway 68 are:
Tellico Plains Elementary School: GreatSchools Rating 3/10
Tellico Plains Junior High School: GreatSchools Rating 6/10
Tellico Plains 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 $1,369 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 25, 2019 for $235,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7795 New Highway 68 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7795 New Highway 68 is 2,317 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7795 New Highway 68 is 2003.

Rocket Homes›Tennessee›Monroe County›Madisonville›37354›7795 New Highway 68

This home is located at 7795 New Highway 68 in Madisonville, TN and zip code 37354. This 2,317 square foot home, which was built in 2003, sits on a 1.52 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 03, 2024 and is currently priced at $525,000.

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. Between March 2024 and April 2024, Madisonville, TN real estate market has seen decrease in the number of listings by 3%. Listings spent 41 days on the market in April 2024, and had a median list price of $319,900 during the same period.

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

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