Oak Place Circle, Madisonville, TN 37354
$299,000
Property Type:
Lots & Acreage
Lot Size (sq. ft.):
68,389
Status:
Active
Current Price:
$299,000
List Date:
3/27/2024
Last Modified:
4/17/2024
Description
This sought after established subdivision now has 16 platted lots available for purchase in Phase II of Oak Place Villas. Set up for condominiums, there is limitless potential for rental properties or building to sale. Located minutes away from Downtown Madisonville, this development is the epitome of convenient. The serene surrounding provides a country feel in a convenient location with lots to offer a potential renter or homeowner! Seller has already reserved and paid for 16 sewer taps that are on hold at the utility company awaiting development AND cleared all underbrush from the lots! This property will be sold as a whole and will not be subdivided. Lots will not be sold separately. Buyer to verify all acreage, restrictions, utilities, HOA bylaws, etc.
More Information MLS# 1257203
Location, Tax & Legal Info
Street Name: Oak Place
St Suffix: Circle
State/Province: TN
Zip Code: 37354
Area: Monroe County - 33
City/County Code: City Limits
PIN #: 056M C 015.07
Subdivision: Oak Place Villas
Total Tax: 159.17
Geo Lat: 35.527079
Geo Lon: -84.360809
Contract Info
Auction Y/N: No
Listing Price: 299000
Current Price: $299,000
Status: Active
Listing Date: 2024-03-21
Cooperation Comp: 2
Compensation Type: %
General Property Description
Lot Dimensions: 99 X 293 X 202 X 142 X 311
Acres: 1.57
Acre Source: Owner
Restrictions: Yes
HOA Freq: Yearly
HOA Contact: Oak Villas HOA
Property Status: N/A
Remarks & Misc
Directions: Coming from Downtown Madisonville, Take Tellico St, turn right into Oak Place Villa.
Public Remarks: This sought after established subdivision now has 16 platted lots available for purchase in Phase II of Oak Place Villas. Set up for condominiums, there is limitless potential for rental properties or building to sale. Located minutes away from Downtown Madisonville, this development is the epitome of convenient. The serene surrounding provides a country feel in a convenient location with lots to offer a potential renter or homeowner! Seller has already reserved and paid for 16 sewer taps that are on hold at the utility company awaiting development AND cleared all underbrush from the lots! This property will be sold as a whole and will not be subdivided. Lots will not be sold separately. Buyer to verify all acreage, restrictions, utilities, HOA bylaws, etc.
Status Change Info
Status Change Date: 2024-03-27
Property Features
Property Sub-Type: Single Family
Topography: Level; Partially Cleared
Road Access: Private Road
Sale Options: Will Not Divide
Improvements: Utilities on Site
Easements: None
Lot Description: Level; Wooded
View: Country Setting; Wooded
Documents on File: Restrictions; Survey
Developmnt Potential: Single Family; Subdivision
Utilities Available: Electricity; Sewer; Water
Zoning: Zoned Residential
Present Structures: None
New Financing: Cash; Conventional
Showing Instructions: See Agent Instructns
Listing Office: Keller Williams Realty
Office Phone: 865-862-8318
Last Updated: April - 17 - 2024
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