503 Cherokee Dr
Mount Carmel, TN 37645
2 bd 1 ba 810 sqft Built 1952 Lot 43,560 sqft single_family
Most recent sale
$125,000
Apr 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 25, 2022 | Sold | $125,000 | Public Record |
| Apr 22, 2022 | Sold | $125,000 | TNVARegionalMLS |
| Mar 11, 2022 | Listed | $125,000 | MLS #9934953 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $14,725 | $619 |
| 2019 | — | — | $14,725 | $619 |
| 2018 | — | — | $14,725 | $619 |
| 2017 | — | — | $14,725 | $576 |
| 2016 | — | — | $14,725 | $576 |
| 2015 | — | — | $12,225 | $470 |
| 2014 | — | — | $12,225 | $470 |
| 2013 | — | — | $12,225 | $456 |
| 2012 | — | — | $12,225 | $456 |
| 2011 | — | — | $12,225 | $456 |
| 2010 | — | — | $9,825 | $435 |
| 2009 | — | — | $9,825 | $401 |
| 2008 | — | — | $9,825 | $391 |
Property facts
Year built
1952
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
810 sqft
Lot size
43,560 sqft
ZIP code
37645
City
Mount Carmel
Street
Cherokee Dr
Coordinates
36.54643, -82.66379
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,215
Gross rental yield
11.66%
Implied cap rate
7.58%
Trend-extrapolated value
—
Frequently asked questions
When did 503 Cherokee Dr last sell?
503 Cherokee Dr most recently sold on Apr 25, 2022 for $125,000.
What is the current tax assessment for 503 Cherokee Dr?
The most recent total assessment for 503 Cherokee Dr (year 2020) is $14,725 with $619 in property tax.
How does 503 Cherokee Dr's assessment compare to its last sale price?
The current assessment is 88.2% below the last sale price of $125,000.
When was 503 Cherokee Dr built?
503 Cherokee Dr was built in 1952.
How does 503 Cherokee Dr compare to others on Cherokee Dr?
We track 4 other properties on Cherokee Dr. Browse the list under "Other properties on Cherokee Dr" to compare beds, baths, and sale history.
What are the property facts for 503 Cherokee Dr?
503 Cherokee Dr is a 2 bed, 1 bath, 810 sqft, 43,560 sqft lot single_family.
Is 503 Cherokee Dr a flip candidate?
No — 503 Cherokee Dr does not appear in our flips dataset.
Is 503 Cherokee Dr a tax-appeal candidate?
No — 503 Cherokee Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.8%
Implied 1-yr
-3.2%
2026 Q3
$210.6K
2026 Q4
$208.9K
ZIP 37645 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Cherokee Dr