NOT LISTED FOR SALE

10616 Lake Arcas Way Knoxville, TN 37922

Concord Neighborhood

Estimated Value: $2,260,000 - $6,279,000

1.5 Acres
$2,832,251 Price per Acre
65,340 Sq Ft Lot

Last Sold December 17, 2019

Last sale price $1,200,000

Est. 254% increase in value since last sale

Current estimated payment $23,669/month

Highlights

  • Lake Front
  • 1.5 Acre Lot
  • Private Lot
  • Northshore Elementary School Rated A-
  • Mountain View
  • Stream or River on Lot

About This Lot

As of December 2019

Located in the private, gated community of Arcadia Peninsula, this large waterfront lot lies along the Tennessee River and features breathtaking panoramic views of the Smoky Mountains. Enjoy a short walk to the Harbor House, a charming new amenity, and the clubhouse with spectacular views. Arcadia Peninsula has more than four miles of pristine shoreline and preserved open spaces throughout. Ideally located only two miles west of the intersection of Northshore Drive and Pellissippi Parkway, Arcadia provides easy access to downtown, the airport, Great Smoky Mountains and shopping. County taxes only.

Last Agent to Sell the Property

Shelley Dye

Schaad Residential Real Estate License #326188 Listed on: 03/07/2019

Last Buyer's Agent

Shelley Dye

Schaad Residential Real Estate License #326188 Listed on: 03/07/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,179

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 458.13x191.97x385
  • Lake Front
  • Private Lot
  • Lot Has A Rolling Slope
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $250 Monthly HOA Fees

Property Views

  • Mountain Views
  • Countryside Views

Listing and Financial Details

  • Assessor Parcel Number 16302845

Community Details

Overview

  • Arcadia Peninsula Phase 1B Subdivision

Recreation

  • Access To Lake
  • Stream or River on Lot

Property Details

Property Type

Land

Est. Annual Taxes

$14,179

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Directions: Northshore Drive to Chandler Rd. Veer left into Arcadia Peninsula and left on Leonidas Meadow Way. Lot is at the end of the street in the culdesac.
  • Prop. Type: Lots & Acreage
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 1.5
  • Lot Size: 458.13x191.97x385
  • Subdivision Name: Arcadia Peninsula Phase 1B
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting, Mountain View
  • Lot Features: Lake Access, Lakefront, Private, River, Rolling, Waterfront Access
  • Topography: {"Level":true}

Condo/Co-op/Association

  • Association Fee: 250.0
  • Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 65340.0
  • Parcel #: 16302845
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 5, 2024
Sold by
Mcbride John V and Mcbride Marga H
Bought by
Mcbride Family Trust and Mcbride
Current Estimated Value
$4,248,376

Purchase Details

Listed on
Mar 7, 2019
Closed on
Dec 17, 2019
Sold by
Beacon Park Llc
Bought by
Mcbride John V and Mcbride Marga H
Seller's Agent
Shelley Dye
Schaad Residential Real Estate
Buyer's Agent
Shelley Dye
Schaad Residential Real Estate
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
24.08%
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
Mcbride Family Trust -- None Listed On Document
Mcbride John V $1,200,000 Tennessee Valley Ttl Ins Co
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2019 12/17/19 Sold $1,200,000 -- --
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 $14,179 $912,425 $0 $0
2023 $14,179 $912,425 $0 $0
2022 $14,179 $912,425 $0 $0
2021 $9,396 $443,225 $0 $0
2020 $8,739 $412,200 $0 $0
2019 $8,739 $412,200 $0 $0
2018 $8,739 $412,200 $0 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2019

    Shelley Dye

    Schaad Residential Real Estate

    (865) 202-7878

    26 in this area

    32 Total Sales

    Shelley Dye
    Section Image
See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1072150

East Tennessee REALTORS® MLS

APN: 163-02845

Tennessee Knox County Knoxville 37922 Concord

10616 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.

Nearby Homes