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517 Cherokee Dr

Mount Carmel, TN 37645

2 bd 1 ba 931 sqft Built 1931 Lot 29,185 sqft single_family
Most recent sale
$140,000
Oct 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 12, 2022 Sold $140,000 Public Record
Aug 24, 2022 Listed $134,900 MLS #9942562
Jun 5, 2007 Sold $66,000 Public Record
Mar 13, 2007 Sold $40,000 Public Record
Jul 22, 2005 Sold $70,000 Public Record
Mar 1, 1999 Sold $42,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $16,150 $679
2019 $16,150 $679
2018 $16,150 $679
2017 $16,150 $632
2016 $16,150 $632
2015 $17,125 $658
2014 $17,125 $658
2013 $17,125 $638
2012 $17,125 $638
2011 $17,125 $638
2010 $13,625 $603
2009 $13,625 $556
2008 $13,625 $543

Property facts

Year built
1931
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
931 sqft
Lot size
29,185 sqft
ZIP code
37645
City
Mount Carmel
Street
Cherokee Dr
Coordinates
36.54634, -82.66503

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,397
Gross rental yield
11.97%
Implied cap rate
7.78%
Trend-extrapolated value

Frequently asked questions

When did 517 Cherokee Dr last sell?
517 Cherokee Dr most recently sold on Oct 12, 2022 for $140,000.
What is the current tax assessment for 517 Cherokee Dr?
The most recent total assessment for 517 Cherokee Dr (year 2020) is $16,150 with $679 in property tax.
How does 517 Cherokee Dr's assessment compare to its last sale price?
The current assessment is 88.5% below the last sale price of $140,000.
When was 517 Cherokee Dr built?
517 Cherokee Dr was built in 1931.
How does 517 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 517 Cherokee Dr?
517 Cherokee Dr is a 2 bed, 1 bath, 931 sqft, 29,185 sqft lot single_family.
Is 517 Cherokee Dr a flip candidate?
No — 517 Cherokee Dr does not appear in our flips dataset.
Is 517 Cherokee Dr a tax-appeal candidate?
No — 517 Cherokee Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.2%
2026 Q3
$210.6K
2026 Q4
$208.9K
ZIP 37645 — Median Price History + Forecast

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