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  • $380,000

    531 Tellico St, Madisonville, TN 37354

    5beds
    2,731sqft
    Single Family Residence
    Built in 1948
    0.62 Acres Lot
    $408,700 Zestimate®
    $139/sqft
    $1,169 Estimated rent

    Home value

    $408,700

    $376,000 - $441,000

    $1,169/mo

    Zestimate® history
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    What's special

    Completely renovated 5-bedroom, 2.5 bath Cape Cod-style home conveniently located in the heart of downtown Madisonville. This spacious home offers modern updates throughout while maintaining its classic character. The property also includes a detached mother-in-law suite that is currently tenant occupied, providing an established source of rental income with the opportunity to help offset mortgage costs. The detached suite also offers flexibility for future use as a guest accommodations, a home office, or multi-generational living. Situated on a convenient in-town lot with easy access to shopping, dining, schools, and local amenities, this move in ready property combines modern updates with added income potential. Schedule your private showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Brittany Williams 423-836-6050,

    Edmonds Realty Group, LLC

    Bought with:

    Brittany Williams, 384151

    Edmonds Realty Group, LLC

    Source: East Tennessee Realtors,MLS#: 1350971MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Heat Pump, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Range
    Features
    • Pantry
    • Flooring: Hardwood
    • Basement: None
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,731
    • Total interior livable area: 2,731 sqft

    Property

    Parking
    • Parking features: Off Street, Designated Parking
    Features
    • Has view: Yes
    • View description: Trees/Woods
    Lot
    • Size: 0.62 Acres
    • Features: Level
    Details
    • Additional structures: Storage
    • Parcel number: 056M C 02500 000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod,Traditional
    • Property subtype: Single Family Residence
    Materials
    • Stone, Frame
    Condition
    • Year built: 1948

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Madisonville

    Financial & listing details

    • Price per square foot: $139/sqft
    • Tax assessed value: $322,700
    • Annual tax amount: $1,712
    • Date on market: 8/6/2026

    Price history

    DateEventPrice
    11/6/2026Sold$380,000-5%$139/sqft
    Source: East Tennessee Realtors #1350971 Report a problem
    9/15/2026Pending sale$399,900$146/sqft
    Source: East Tennessee Realtors #1350971 Report a problem
    8/27/2026Price change$399,900-3.6%$146/sqft
    Source: East Tennessee Realtors #1350971 Report a problem
    8/7/2026Listed for sale$415,000+18.6%$152/sqft
    Source: East Tennessee Realtors #1350971 Report a problem
    6/13/2022Sold$350,000+260.8%$128/sqft
    Source: Public Record Report a problem
    7/23/2021Sold$97,000+288%$36/sqft
    Source: East Tennessee Realtors #1150824 Report a problem
    11/3/2020Sold$25,000-66.2%$9/sqft
    Source: Public Record Report a problem
    9/6/2013Listing removed$74,000$27/sqft
    Source: athens realty #849437 Report a problem
    4/10/2013Listed for sale$74,000-17.7%$27/sqft
    Source: athens realty #839396 Report a problem
    11/15/2011Listing removed$89,900$33/sqft
    Source: GARREN REALTY #163650 Report a problem
    8/19/2011Price change$89,900-10%$33/sqft
    Source: GARREN REALTY #163650 Report a problem
    2/26/2011Listed for sale$99,900+202.7%$37/sqft
    Source: GARREN REALTY #163650 Report a problem
    1/8/2004Sold$33,000$12/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,712 $80,675
    2024$1,712 $80,675
    2023$1,712 +13.8%$80,675 +65.6%
    2022$1,504 $48,725
    2021$1,504 $48,725
    2020$1,504 +9.3%$48,725 +0.1%
    2019$1,376 $48,675
    2018$1,376 0%$48,675 +33.9%
    2017$1,376 +26%$36,350
    2016$1,092 $36,350
    2015$1,092 +13.6%$36,350 +0%
    2014$961 $36,348
    2013$961 $36,348 +1.4%
    2012-- $35,837 -11.2%
    2011$996 +17.6%$40,338
    2010$847 $40,338
    2009$847 +0.7%$40,338
    2008$841 $40,338
    2007-- $40,338 +11.4%
    2006$938 +10.7%$36,207
    2005$847 +17.8%$36,207 +18.8%
    2004$719 $30,481
    2002$719 $30,481
    2001-- $30,481 -71%
    2000-- $105,033
    Find assessor info on the county website

    Neighborhood: 37354

    Nearby schools

    GreatSchools rating
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