NOT LISTED FOR SALE

10017 Nautical Point Mooresburg, TN 37811

Estimated Value: $59,000 - $154,000

0.83 Acre
$145,230 Price per Acre
36,155 Sq Ft Lot

Last Sold July 17, 2024

Last sale price $135,000

Est. 11% decrease in value since last sale

Current estimated payment $729/month

61 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Clubhouse
  • Boat Dock
  • Community Lake
  • Community Pool

About This Lot

As of July 2024

(New listing address is 10017 Nautical Point.) Seize the opportunity of a lifetime with this exceptional waterfront access lot nestled within the esteemed Legacy Bay subdivision on Cherokee Lake. Boasting one of the last available lots in this pristine community, this parcel offers unrivaled potential for crafting your dream lakeside retreat. The timing couldn't be better, as construction costs are on the decline, presenting an ideal moment to actualize your vision of an unrestricted lakeview home. Enjoy seasonal lake access, complemented by the convenience of a pre-approved 3-bedroom septic system and an optimal layout for a walk-out basement floor plan. Elevating the allure of this property is the presence of underground utilities and access to lightning-fast fiber optic internet, ensuring seamless connectivity amidst the serene natural surroundings. Community amenities, including a clubhouse, tennis courts, a pool, and a year-round marina, are all just a stone's throw away. With inventory levels reaching historic lows, don't wait to secure your waterfront oasis. Embrace the lifestyle you've always imagined, call today! And yes, there's a YouTube video so you can scope it out from your couch (https://youtu.be/1TVjodvH3Iw). How's that for convenience?''

Last Agent to Sell the Property

Julie Arnold

Realty Executives Associates License #340135 Listed on: 04/22/2024

Realty Executives Associates

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $370

Lot Details

  • 0.83 Acre Lot
  • Lake Front
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $41 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Listing and Financial Details

  • Assessor Parcel Number 149D A 010.00

Community Details

Overview

  • Legacy Bay Ph V Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Pool
  • Access To Lake

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$370

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Directions: From US 25 E N Turn right onto Rocky Summit rd .3 mi Turn right onto slate hill drive 3.7 mi, Turn right onto Berry Dr 1.1 mi, Turn right onto Nautical Pt. property will be directly on left. (For GPS 10023 Nautical Pt) This home is directly beside two lots.
  • Prop. Type: Lots & Acreage
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.83
  • Lot Size: 125 x 303 IRR
  • Subdivision Name: Legacy Bay Ph V
  • Improvements:Utilities on Site: Yes
  • View:Mountain View: Yes
  • Utilities Available:Electricity4: Yes
  • Property Sub-Type:Single Family2: Yes
  • Property Sub-Type:Lake Front: Yes
  • Property Sub-Type:Waterfront Access2: Yes
  • Lot Description:Lake Access: Yes
  • Lot Description:Lakefront: Yes
  • Lot Description:Waterfront Access: Yes
  • View:Lake: Yes
  • View:Lakefront2: Yes
  • Topography:Cleared: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain View, Lake
  • Lot Features: Lake Access, Lakefront, Waterfront Access
  • Topography: {"Cleared":true}
  • Road Frontage Paved: Yes

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Amenities: Clubhouse, Pool, Tennis Court(s)
  • Association Fee: 496.0
  • Association Fee Frequency: Yearly

Association/Amenities

  • Community Amenities:Gated Community: Yes
  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Club House2: Yes
  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:Dock2: Yes
  • Community Amenities:Lake Access2: Yes
  • Community Amenities:Tennis Courts: Yes

Lot Info

  • Lot Size Sq Ft: 36154.8
  • Parcel #: 149D A 010.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2024
Closed on
Jul 17, 2024
Sold by
Michael F Ferraro Revocable Living Trust and Ferraro Michael F
Bought by
Lcm Legacy Llc
Seller's Agent
Julie Arnold
Realty Executives Associates
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$135,000
Sold Price
$135,000
Views
11
Current Estimated Value
$120,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,459
Avg. Annual Appreciation
-13.93%

Purchase Details

Listed on
Feb 3, 2022
Closed on
Apr 6, 2022
Sold by
Frederic Ferraro Michael
Bought by
Tyson Karl M and Tyson Tammy L
Seller's Agent
Julie Arnold
ReMax Preferred Properties, In
Buyer's Agent
Jackie Prater
Tennessee Mountains Realty Group
List Price
$128,000
Sold Price
$121,000
Premium/Discount to List
-$7,000
-5.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.92%
Original Mortgage
$102,850
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2020
Closed on
Aug 25, 2020
Sold by
Dinsmore David A and Dinsmore Sharon F
Bought by
Ferraro Michael Frederic
Seller's Agent
Amy Shrader
REMAX Real Estate Ten of Morristown
Buyer's Agent
DENA JUHL
Crye-Leike Rogersville Realty Group
List Price
$74,900
Sold Price
$68,000
Premium/Discount to List
-$6,900
-9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.04%

Purchase Details

Closed on
Aug 30, 2004
Sold by
Lake Developers Ptn
Bought by
Dinsmore David A and Dinsmore Sharon F
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lcm Legacy Llc $135,000 Lakeway Title Services
Tyson Karl M $121,000 Lakeway Title Services
Ferraro Michael Frederic $68,000 Lakeway Title Services
Dinsmore David A $79,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tyson Karl M $102,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $135,000 0.0% --
06/23/2024 06/23/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $135,000 +11.6% --
04/06/2022 04/06/22 Sold $121,000 -5.5% --
02/03/2022 02/03/22 For Sale $128,000 +88.2% --
08/28/2020 08/28/20 Sold $68,000 -9.2% --
06/25/2020 06/25/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $74,900 -- --
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $370 $14,500 $14,500 --
2023 $337 $14,500 $0 $0
2022 $510 $22,000 $22,000 $0
2021 $477 $22,000 $22,000 $0
2020 $463 $22,000 $22,000 $0
2019 $463 $18,275 $18,275 $0
2018 $463 $18,275 $18,275 $0
2017 $463 $18,275 $18,275 $0
2016 $463 $18,275 $18,275 $0
2015 $450 $18,275 $18,275 $0
2014 $675 $27,400 $27,400 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1260190

East Tennessee REALTORS® MLS

APN: 149D-A-010.00