by Lee Lin

See Home Value
Monroe 37354
309 Cherokee Circle
$230,000
● House - Off Market

309 Cherokee Circle

Madisonville, TN 37354
bedrooms
3 Beds
bathrooms
1 Bath
square feet
912 Ft²
$1,175
Est. Monthly

About This Property

Small-town charm, mountain views, and a CRAFT SHED?! This Madisonville home may be modest in size, but it packs in plenty of personality and possibilities!

Situated on about half an acre just minutes from downtown Madisonville, this home offers easy, mostly one-level living with beautiful mountain views right from the front porch. Inside, you'll find a comfortable and functional layout with the laundry currently relocated to the third bedroom for the convenience of having everything on the main level. Prefer the extra bedroom? No problem! The original laundry hookups remain in the basement, making it easy to convert the space back into a true third bedroom.

And speaking of the basement, it spans approximately the same footprint as the home, providing a TON of additional space for storage, a workshop, hobbies, or whatever else you can dream up.

Outside is where this property gets even more fun. Along with additional storage and wood sheds that remain with the property, there's a dedicated 'she shed' currently being used as an art studio with its own mountain views! Keep it as a creative retreat, turn it into a hobby space, home office, or simply claim it as your own little escape.

Affordable, functional, close to town, and full of potential, this one proves you don't need a huge house to have plenty of space to make your own!
Unit Size
912 Ft²
Days on Market
35 days
Land Size
0.46 acres
Price per sqft
$252
Property Type
House
Property Taxes
$45
HOA Dues
-
Year Built
1979

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Last updated: 2 months ago (Realtracs #RTC3512646)

Price History

Date / Event Date Event Price
Sep 17, 2026 Sold
Sold
Aug 19, 2026 In contract -
In contract
Aug 13, 2026 Listed by Keller Williams $230,000
Listed by Keller Williams
Feb 9, 2022 No longer available -
No longer available
Dec 22, 2021 In contract -
In contract
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 25
  • Interior Walls Type: 18
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 912
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 912
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 912
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARROWHEAD ESTATES
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: DISTRICT: 03, COUNTY AREA: C01

Neighborhood

  • School District Name: Monroe County School District
  • Census Tract: 925302

Geography

  • Assessors Map Reference: 055D
  • District: 03
  • Parcel: 062055D A 01300
  • Lot: PO80
  • Latitude: 35.5421
  • Longitude: -84.4053

    Address

  • Full Address: 309 Cherokee Cir
  • Address - House Number: 309
  • Address - Street Name: Cherokee
  • Address - Suffix Type: Cir
  • State: TN
  • City Name: Madisonville
  • Carrier Code: R005
  • 4-Digit Zip Code: 6058
  • Zip Code: 37354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $43,300
  • Tax Rate Code Area: 62A00

    Appraisal Valuation

  • Standard Deviation: 0.1341
  • Valuation Date: Feb 01, 2023
  • Confidence Score: 73
  • Final Value: 129,182
  • High Value: 146,518
  • Low Value: 111,845

    Market Valuation

  • Market Total Value: $77,300
  • Market Land Value: $18,000
  • Market Improvement Value: $59,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,325
  • Assessed Land Value: $4,500
  • Assessed Improvements Value: $14,825

    Sales

  • Current Sale Recording Date: Mar 03, 2000
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 17, 1998
  • Previous Sale Amount: $19,300
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

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Frequently Asked Questions

When was property at 309 Cherokee Circle built and last sold?
The property at 309 Cherokee Circle was built in 1979 and last sold on Jan 1, 1970 for $57,900.
How much is this home worth?
The estimated value of the home located at 309 Cherokee Circle is $226,897.
What are some comparable homes to 309 Cherokee Circle?
There are currently no comparable homes to 309 Cherokee Circle.