NOT LISTED FOR SALE

Estimated Value: $859,000 - $1,145,000

0.31 Acre
$3,267,659 Price per Acre
13,416 Sq Ft Lot

Last Sold December 31, 2014

Last sale price $72,000

Est. 1,298% increase in value since last sale

Current estimated payment $5,628/month

84 Days on Market

Highlights

  • Access To Lake
  • Northshore Elementary School Rated A-
  • Waterfront

About This Lot

As of December 2014

WHAT A GRAND SETTING! COME SEE THE AMENITIES IN LAKE COVE SUBDIVISION! WE HAVE 19 INTERIOR LOTS THAT FEATURE LAKE ACCESS AND A COMMUNITY BOAT LAUNCH. SERENE LAKE VIEWS FROM MANY LOTS. AMENITIES INCLUDE AN 85 FOOT COMMUNITY PIER FOR DAY USE! GREAT SELECTION OF LOTS TO ACCOMMODATE MANY DIFFERENT HOUSE STYLES. ARCHITECTURALLY RESTRICTED FOR CONTINUITY OF BUILDING STYLES! BUILDERS WELCOME! JUST A SHORT DISTANCE FROM NORTHSHORE DRIVE. FEEL FREE TO DRIVE THROUGH OR CALL AGENT FOR MORE DETAILS!

Last Agent to Sell the Property

Jim McElroy

ReMax Preferred Properties, In Listed on: 08/14/2014

Last Buyer's Agent

Bob Mohney

Saddlebrook Realty, LLC License #253391

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,107

Lot Details

  • Waterfront
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $33 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 162md006

Community Details

Overview

  • Lakecove S/D Unit 1 Subdivision

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$3,107

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Directions: WEST ON NORTHSHORE TO LEFT ON CHOTO TO SUBDIVISION ON LEFT
  • Prop. Type: Lots & Acreage
  • Lot Size: 90x156xirr
  • Subdivision Name: Lakecove S/D Unit 1
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Lake Access, Waterfront Access

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Yearly

Lot Info

  • Parcel #: 162md006
  • Zoning Description: Zoned Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2017
Sold by
Saddlebrook Properties Llc
Bought by
Carter Heather B and Carter Christopher L
Current Estimated Value
$1,006,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,152
Outstanding Balance
$355,703
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$650,736

Purchase Details

Closed on
Apr 21, 2017
Sold by
Carter Heather B and Carter Christopher L
Bought by
Saddlebrook Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,000
Interest Rate
4.23%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Aug 14, 2014
Closed on
Dec 19, 2014
Sold by
Nutt Properties Llc
Bought by
Carter Heather B and Carter Christopher L
Seller's Agent
Jim McElroy
ReMax Preferred Properties, In
Buyer's Agent
Bob Mohney
Saddlebrook Realty, LLC
Sold Price
$72,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.72%
Original Mortgage
$57,000
Interest Rate
4.07%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 30, 2011
Sold by
Home Federal Bank Of Tennessee
Bought by
Nutt Properties Llc

Purchase Details

Closed on
Dec 7, 2011
Sold by
Lake Cove Properties Llc
Bought by
Home Federal Bank Of Tennessee
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
Carter Heather B $528,941 Crossland Title Inc
Saddlebrook Properties Llc -- Crossland Title Inc
Carter Heather B $72,000 None Available
Nutt Properties Llc $950,000 None Available
Home Federal Bank Of Tennessee $1,020,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Heather B $423,152
Previous Owner Saddlebrook Properties Llc $424,000
Previous Owner Carter Heather B $57,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2014 12/31/14 Sold $72,000 -- --
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 $3,107 $199,925 $0 $0
2023 $3,107 $199,925 $0 $0
2022 $2,809 $180,775 $0 $0
2021 $2,767 $130,525 $0 $0
2020 $2,767 $130,525 $0 $0
2019 $2,767 $130,525 $0 $0
2018 $2,767 $130,525 $0 $0
2017 $371 $17,500 $0 $0
2016 $406 $0 $0 $0
2015 $406 $0 $0 $0
2014 $406 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 897300

East Tennessee REALTORS® MLS

APN: 162MD-006