NOT LISTED FOR SALE

Estimated Value: $1,261,000 - $1,478,000

4 Beds
2.5 Baths
4,020 Sq Ft
$335/Sq Ft Est. Value

Last Sold August 27, 2019

Last sale price $720,000 $179 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $7,581/month

49 Days on Market

Highlights

  • Golf Course Community
  • 0.59 Acre Lot
  • Deck
  • Golf Course View
  • Landscaped Professionally
  • Traditional Architecture

About This Home

As of August 2019

Signature View! Enjoy Lake, Mountain and Golf Views located on an oversized homesite in magnificent Rarity Bay. Enjoy this all brick with hard coat stucco accents that includes all the higher end finished one would come to expect with a new 2019 roof. The main level consists of finished in place hardwood floors, high ceilings, granite tops, trey ceilings in master + dining room, fireplace with built ins surrounding, butler's pantry with sink, large utility room, central vacuum, powder room, large study, master suite, master bath with a great shower, covered deck with large screened in area. The lower level consists of 3 bedrooms, large bonus room with a full bar. Workshop & Storage offers over 1,165 sqft in the lower level. Memberships are available and optional.

Last Agent to Sell the Property

Luke Noe

Rarity Bay Properties, LLC License #304073 Listed on: 05/06/2019

Last Buyer's Agent

Susan Pollitte

Rarity Bay Real Estate Company, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,782

Year Built

  • Built in 2006

Lot Details

  • 0.59 Acre Lot
  • Landscaped Professionally

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • Side or Rear Entrance to Parking

Property Views

  • Golf Course
  • Mountain

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stucco Exterior

Interior Spaces

  • 4,020 Sq Ft Home
  • Central Vacuum
  • 1 Fireplace
  • Screened Porch
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 078i C 021.00

Community Details

Overview

  • Rarity Bay Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,782

Year Built

Built in 2006

Lot Details

0

HOA Fees

$73 per month

Listing Details

  • Directions: I-75s to exit 72. Turn left onto hwy. 72w and drive 13.3 miles to entrance of Rarity Bay. Continue on Rarity Bay Parkway, right onto Watercrest, look for home on the right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2006
  • Lot Size Acres: 0.59
  • Subdivision Name: Rarity Bay
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Smoke Detector, Refrigerator, Microwave
  • Has Basement: Finished, Partially Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: Patio, Porch - Covered, Porch - Screened, Prof Landscaped, Deck, Cable Available (TV Only)
  • View: Mountain View, Golf Course
  • Lot Features: Golf Community, Golf Course Front
  • Construction Type: Stucco, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Side/Rear Entry

Utilities

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

Condo/Co-op/Association

  • Association Fee: 873.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 25700.4
  • Parcel #: 078i C 021.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Aug 27, 2019
Sold by
Park Larry T and Park Julie A
Bought by
Stasko John F and The John F Stasko Revocable Tr
Seller's Agent
Luke Noe
Rarity Bay Properties, LLC
Buyer's Agent
Susan Pollitte
Rarity Bay Real Estate Company, Inc.
Sold Price
$720,000
Current Estimated Value
$1,345,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$625,838
Avg. Annual Appreciation
10.93%
Original Mortgage
$576,000
Outstanding Balance
$500,521
Interest Rate
3.22%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$845,317

Purchase Details

Listed on
Aug 16, 2013
Closed on
Oct 2, 2013
Sold by
Frey Gerald R
Bought by
Park Larry T and Park Julie A
Seller's Agent
Karen Millikan
Lakefront Living, On the Lake
Buyer's Agent
Dennis Pollitte
Rarity Bay Real Estate Company, Inc.
Sold Price
$640,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$510,000
Interest Rate
4.58%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 19, 2003
Bought by
Frey Gerald R

Purchase Details

Closed on
Oct 26, 1998
Sold by
Wfd Company Inc
Bought by
William Hann

Purchase Details

Closed on
Aug 26, 1997
Bought by
Sloan Charles E and Sloan Dorothy P
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
Stasko John F $720,000 Tellico Title Services Inc
Park Larry T $640,000 --
Frey Gerald R $210,000 --
William Hann $157,000 --
Sloan Charles E $1,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stasko John F $140,000
Open Stasko John F $576,000
Previous Owner Park Larry T $150,000
Previous Owner Park Larry T $510,000
Previous Owner Frey Gerald R $50,000
Previous Owner Frey Gerald R $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2019 08/27/19 Sold $720,000 +12.5% $179 / Sq Ft
10/04/2013 10/04/13 Sold $640,000 -- $168 / 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 $2,782 $183,200 $43,750 $139,450
2023 $2,782 $183,200 $0 $0
2022 $2,782 $183,200 $43,750 $139,450
2021 $2,782 $183,200 $43,750 $139,450
2020 $2,948 $183,200 $43,750 $139,450
2019 $2,948 $163,475 $35,000 $128,475
2018 $2,948 $163,475 $35,000 $128,475
2017 $2,948 $163,475 $35,000 $128,475
2016 $3,240 $174,300 $37,500 $136,800
2015 $3,240 $174,300 $37,500 $136,800
2014 $3,240 $174,300 $37,500 $136,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1079232

East Tennessee REALTORS® MLS

APN: 078I-C-021.00