NOT LISTED FOR SALE

1040 Chula Vista Dr Friendsville, TN 37737

Estimated Value: $971,000 - $1,160,593

4 Beds
4 Baths
3,944 Sq Ft
$276/Sq Ft Est. Value

Last Sold August 06, 2024

Last sale price $1,100,000 $279 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,266/month

71 Days on Market

Highlights

  • Lake Front
  • Contemporary Architecture
  • 1 Fireplace
  • Deck
  • Wooded Lot
  • Separate Formal Living Room

About This Home

As of August 2024

Don't miss out on this great opportunity! The recent $150,000 price improvement on this home makes it an outstanding value for this desirable location on Ft. Loudon lake! Enjoy lakefront living in this unique custom built home tucked into a quiet Friendsville cove on one of East Tennessee's most desirable lakes! This home is situated on a private 1.36 acres with lush mature tress including an impressive Japanese Maple and Juniper with expansive decking and a heated pool and an easy level walk out to the dock with boat lift. The home is a blank canvas waiting for your vision, full of natural light with skylights and large windows to capture the views from every room. The main level features: a spacious great room with stone fireplace, stone accent wall, built in shelves, and view of pool and lake; primary suite, one additional bedroom; office area, 2 half baths and laundry and an expansive bonus or recreation room. Upstairs there are 2 additional bedrooms and a loft area, full bathroom and overlook to the downstairs. There is a pantry, plenty of linen closet space, and large closets, even a built in fish tank! The basement has storage galore with a 2 car garage (one is a tandem, fitting an additional car) and a 3rd car garage for 2 additional cars, boat or storage. Extra long driveway provides space for boat or RV or lots of guests! New roof in 2011. Don't miss the opportunity to put your personal cosmetic touches on this well built custom home in an ideal lake setting with only county taxes, no HOA fees, and only light restrictions! Fantastic location on the lake that is reachable by boat to Calhoun's, Cheers at Choto, and Neyland Stadium.

Last Agent to Sell the Property

Tracy Southard

Realty Executives Associates Brokerage Phone: 8655666092 License #330277 Listed on: 04/21/2024

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,208

Year Built

  • Built in 1994

Lot Details

  • 1.36 Acre Lot
  • Lake Front
  • Level Lot
  • Wooded Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 3,944 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Separate Formal Living Room
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Friendsville Elementary School
  • Union Grove Middle School
  • William Blount High School

Utilities

  • Cooling Available
  • Central Heating
  • Heat Pump System

Community Details

  • Rio Vista Subdivision

Listing and Financial Details

  • Assessor Parcel Number 032M A 00300 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,208

Year Built

Built in 1994

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1994
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • Attribution Contact: 8655666092
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Has Basement: Unfinished
  • Building Area Units: Square Feet
  • Living Area: 3944
  • Living Area Units: Square Feet
  • Other Equipment: Irrigation Equipment

Exterior Features

  • Construction Type: Stone, Other, Brick
  • Patio And Porch Features: Patio, Deck
  • Pool Private: No
  • View: No
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Attached
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Other, Private, Wooded, Level
  • Lot Size Acres: 1.36
  • Lot Size: 372.40 X 195.10 IRR
  • Lot Size Units: Acres
  • Parcel #: 032M A 00300 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4208

MLS Schools

  • Elementary School: Friendsville Elementary
  • High School: William Blount High School
  • Middle Or Junior School: Union Grove Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2024
Closed on
Jul 11, 2024
Sold by
Lin Ling Chiu Trust and Chiu Lin Ling
Bought by
Ehrnschwender Kathy and Ehrnschwender Thomas J
Seller's Agent
Tracy Southard
Realty Executives Associates
List Price
$1,250,000
Sold Price
$1,100,000
Premium/Discount to List
-$150,000
-12%
Views
160
Current Estimated Value
$1,087,648

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,352
Avg. Annual Appreciation
-1.07%
Original Mortgage
$114,000
Outstanding Balance
$112,913
Interest Rate
6.86%
Estimated Equity
$974,735

Purchase Details

Closed on
Dec 15, 2015
Sold by
Chiu Lin Ling
Bought by
Chiu Lin Ling

Purchase Details

Closed on
May 13, 1993
Bought by
Watkin Christopher A and Watkin Janice A

Purchase Details

Closed on
Sep 15, 1992
Bought by
Holley Ralph

Purchase Details

Closed on
Jan 2, 1986
Bought by
Holley Arthur Rufus
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Ehrnschwender Kathy $1,100,000 Knoxville Title
Chiu Lin Ling -- --
Watkin Christopher A $32,500 --
Holley Ralph $13,500 --
Holley Arthur Rufus $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ehrnschwender Kathy $114,000
Open Ehrnschwender Kathy $766,000
Previous Owner Chiu Lin L $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2024 08/06/24 Sold $1,100,000 -12.0% $279 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
04/21/2024 04/21/24 For Sale $1,250,000 -- $317 / Sq Ft
Source: Realtracs

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 $4,208 $264,675 $46,875 $217,800
2023 $4,208 $264,675 $46,875 $217,800
2022 $3,394 $137,400 $37,500 $99,900
2021 $3,394 $137,400 $37,500 $99,900
2020 $3,394 $137,400 $37,500 $99,900
2019 $3,394 $137,400 $37,500 $99,900
2018 $3,555 $143,925 $40,000 $103,925
2017 $3,555 $143,925 $40,000 $103,925
2016 $3,555 $143,925 $40,000 $103,925
2015 $3,094 $143,925 $40,000 $103,925
2014 $3,386 $143,925 $40,000 $103,925
2013 $3,386 $157,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2874464

Realtracs

APN: 032M-A-003.00