NOT LISTED FOR SALE

Estimated Value: $903,000 - $1,408,000

4 Beds
3 Baths
3,800 Sq Ft
$322/Sq Ft Est. Value

Last Sold January 02, 2018

Last sale price $605,000 $159 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $6,785/month

11 Days on Market

Highlights

  • Golf Course Community
  • Mountain View
  • Recreation Room
  • Landscaped Professionally
  • Deck
  • Wooded Lot

About This Home

As of January 2018

This Custom built, Craftsman style, model home shows like new. Nestled in the trees, it offers panoramic views of Lake Tellico from Rarity Bay's most private setting. Almost every room has a lake view. Composite decking and powder coated, wrought iron railings wrap three of the home's four sides. No steps from the oversized garage into the home. A REMI elevator and 4 foot wide staircase facilitate moving between floors, A gourmet kitchen featuring Custom Cabinetry with soft close drawers and top grade granite and high relief backsplash invite any chef to prep the best dishes on the 5 burner gas stovetop. Hardwired with CAT 5 throughout allows the fastest network speeds possible.The Great room has a 5 channel Surround Sound System with Integrated components that will please any audiophile. Draperies and Paint were coordinated by Wolfgang Interiors. An office, guest room, workout room, wine cellar and climate controlled storage are on the lower level, where 2 Central HVAC units balance temperatures through 5 zones. Golf cart access is facilitated through the lower level garage door. The all brick and stone exterior means no maintenance so you can enjoy the lush landscaping from the stone patio with fire pit and waterfall that nobody can see from the street!

Last Agent to Sell the Property

Luke Noe

Rarity Bay Properties, LLC License #304073 Listed on: 10/21/2017

Last Buyer's Agent

Luke Noe

Rarity Bay Real Estate Company, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,342

Year Built

  • Built in 2010

Lot Details

  • 0.34 Acre Lot
  • Landscaped Professionally
  • Wooded Lot

HOA Fees

  • $66 Monthly HOA Fees

Property Views

  • Mountain
  • Forest

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 3,800 Sq Ft Home
  • Stone Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Living Room
  • Dining Room
  • Recreation Room
  • Bonus Room
  • Screened Porch
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Garage
  • Basement Garage
  • Parking Available
  • Garage Door Opener

Outdoor Features

  • Deck

Schools

  • Fort Loudoun Middle School
  • Loudon High School

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 078g E 019.00

Community Details

Overview

  • Rarity Bay Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,342

Year Built

Built in 2010

Lot Details

0

HOA Fees

$66 per month

Listing Details

  • Directions: Interstate 75 going south to exit 72. (Loudon) Turn left onto hwy. 72W, travel 13.3 miles to entrance of Rarity Bay. Continue on Rarity Bay Parkway, right onto Crossbill, immediate left onto Bufflehead, last home on your right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2010
  • Lot Size Acres: 0.34
  • Lot Size: 90x103x99xirr
  • Subdivision Name: Rarity Bay
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Tankless Wtr Htr, Smoke Detector, Self Cleaning Oven, Microwave
  • Has Basement: Finished, Partially Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Vinyl, Windows - Insulated, Porch - Covered, Porch - Screened, Prof Landscaped, Deck, Cable Available (TV Only)
  • View: Mountain View, Wooded, Other
  • Lot Features: Wooded, Golf Community
  • Construction Type: Stone, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Door Opener, Basement, Main Level

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 793.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Schools

  • High School: Loudon
  • Middle Or Junior School: Fort Loudoun

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Parcel #: 078g E 019.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Spickard Randall James and Spickard Susan Elaine
Bought by
Spickard Randall James and Spickard Susan Elaine
Current Estimated Value
$1,224,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Outstanding Balance
$419,819
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$840,249

Purchase Details

Listed on
Oct 21, 2017
Closed on
Jan 2, 2018
Sold by
Frasch Charles V and Frasch Karoline G
Bought by
Spickard Randall James and Cadegan Susan Elaine
Seller's Agent
Luke Noe
Rarity Bay Properties, LLC
Buyer's Agent
Luke Noe
Rarity Bay Real Estate Company, Inc.
Sold Price
$605,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.98%
Original Mortgage
$484,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2010
Sold by
Frasch Charles V
Bought by
Frasch Charles

Purchase Details

Closed on
Mar 24, 2006
Sold by
Marvin Moskowitz
Bought by
Frasch Charles V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.23%

Purchase Details

Closed on
Oct 22, 2003
Bought by
Moskowitz Marvin and Moskowitz Harriet

Purchase Details

Closed on
Jan 14, 2000
Sold by
Tellico Lake Properties Lp
Bought by
David Robinson
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
Spickard Randall James -- Silk Abstract Company
Spickard Randall James $605,000 Tellico Title Services Inc
Frasch Charles -- --
Frasch Charles V $170,000 --
Moskowitz Marvin $88,500 --
David Robinson $81,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Spickard Randall James $472,000
Closed Spickard Randall James $484,000
Previous Owner Frasch Charles $100,000
Previous Owner Frasch Charles V $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2018 01/02/18 Sold $605,000 -- $159 / Sq Ft
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
2025 $2,342 $154,225 $15,000 $139,225
2023 $2,342 $154,225 $0 $0
2022 $2,342 $154,225 $15,000 $139,225
2021 $2,342 $154,225 $15,000 $139,225
2020 $2,534 $154,225 $15,000 $139,225
2019 $2,534 $140,525 $18,750 $121,775
2018 $2,534 $140,525 $18,750 $121,775
2017 $2,299 $127,500 $18,750 $108,750
2016 $2,610 $140,400 $25,000 $115,400
2015 $2,610 $140,400 $25,000 $115,400
2014 -- $140,400 $25,000 $115,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1020368

East Tennessee REALTORS® MLS

APN: 078G-E-019.00