NOT LISTED FOR SALE

10600 Lake Arcas Way Knoxville, TN 37922

Concord Neighborhood

Estimated Value: $1,786,992

2.26 Acres
$790,704 Price per Acre
98,446 Sq Ft Lot

Last Sold May 03, 2022

Last sale price $1,600,000

Est. 12% increase in value since last sale

Current estimated payment $10,002/month

Highlights

  • Lake Front
  • 2.26 Acre Lot
  • Private Lot
  • Northshore Elementary School Rated A-
  • Mountain View
  • Cul-De-Sac

About This Lot

As of May 2022

Stunning 2.26 Acres located in the prestigious Arcadia Peninsula. This lot is ready for development. The property is situated lake front on the popular Fort Loudoun Lake and also features panoramic views of the Great Smoky Mountains. This luxury neighborhood features an upscale day dock and a club house great for entertaining with mountain and lake views. The community is gated and has private access. Conveniently located only 3.1 miles to Pellissippi Parkway, Dining, Shopping and MORE!! Call for your private showing in this prestigious gated community.

Last Agent to Sell the Property

Ryan Coleman

Hometown Realty, LLC License #322312 Listed on: 03/24/2022

Last Buyer's Agent

Jennifer Shuler

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,782

Lot Details

  • 2.26 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Private Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Mountain Views

Listing and Financial Details

  • Property Available on 3/26/22
  • Assessor Parcel Number 163 02849

Community Details

Overview

  • Arcadia Subdivision

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$4,782

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Directions: Northshore Dr to Chandler Rd to Arcadia Peninsula Way to Lake Arcas Way. Lot is at the end of the road.
  • Prop. Type: Lots & Acreage
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 2.26
  • Lot Size: 388X615IRR
  • Subdivision Name: Arcadia
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain View
  • Lot Features: Cul-De-Sac, Lake Access, Lakefront, Private, Waterfront Access
  • Topography: {"Level":true,"Cleared":true}

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 98445.6
  • Parcel #: 163 02849
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2022-03-26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2022
Closed on
May 3, 2022
Sold by
Lynn Shaw Jr Thomas and Lynn Evelyn Rose
Bought by
Big Orange Investments Llc
Seller's Agent
Ryan Coleman
Hometown Realty, LLC
Buyer's Agent
Jennifer Shuler
Keller Williams Realty
List Price
$1,700,000
Sold Price
$1,600,000
Premium/Discount to List
-$100,000
-5.88%
Current Estimated Value
$1,786,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,992
Avg. Annual Appreciation
3.23%

Purchase Details

Listed on
May 1, 2018
Closed on
Apr 30, 2018
Sold by
Beacon Park Llc
Bought by
Shaw Thomas Lynn and Shaw Rose Evelyn
Seller's Agent
Shelley Dye
Schaad Residential Real Estate
Buyer's Agent
Jana Webb
Realty Executives Associates
Sold Price
$1,200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
Original Mortgage
$900,000
Interest Rate
4.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Big Orange Investments Llc $1,600,000 Admiral Title
Shaw Thomas Lynn $1,200,000 Tennessee Valley Title Insur
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaw Thomas Lynn $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2022 05/03/22 Sold $1,600,000 -5.9% --
03/26/2022 03/26/22 For Sale $1,700,000 +41.7% --
03/24/2022 03/24/22 Pending -- -- --
04/30/2018 04/30/18 Sold $1,200,000 -- -- View Prior Sale
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 $4,782 $307,750 $0 $0
2023 $0 $307,750 $0 $0
2022 $4,782 $307,750 $0 $0
2021 $4,055 $191,275 $0 $0
2020 $4,055 $191,275 $0 $0
2019 $4,055 $191,275 $0 $0
2018 $4,055 $191,275 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ryan Coleman

    Seller's Agent in 2022

    Ryan Coleman

    Hometown Realty, LLC

    (865) 693-7653

    9 in this area

    410 Total Sales

    Ryan Coleman
    Section Image

  • J

    Buyer's Agent in 2022

    Jennifer Shuler

    Keller Williams Realty

  • L

    Buyer's Agent in 2022

    LAWRENCE LISK

    Highlands Realty Bristol

  • C

    Buyer's Agent in 2022

    Cheryl Fuqua

    Berkshire Hathaway HomeServices Realty Center

  • S

    Seller's Agent in 2018

    Shelley Dye

    Schaad Residential Real Estate

    (865) 202-7878

    26 in this area

    32 Total Sales

    Shelley Dye
    Section Image

  • J

    Buyer's Agent in 2018

    Jana Webb

    Realty Executives Associates

    (865) 588-3232

    23 Total Sales

    Jana Webb
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1185066

East Tennessee REALTORS® MLS

APN: 163-02849

Tennessee Knox County Knoxville 37922 Concord

10600 Lake Arcas Way, Knoxville, TN

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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