NOT LISTED FOR SALE

Estimated Value: $592,000 - $604,687

0.26 Acre
$2,304,508 Price per Acre
11,326 Sq Ft Lot

Last Sold February 17, 2023

Last sale price $55,000

Est. 989% increase in value since last sale

Current estimated payment $3,510/month

2 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Community Lake
  • Golf Course Community
  • Countryside Views
  • Wooded Lot

About This Lot

As of February 2023

Fantastic level building lot in the highly desired Tellico Village. This lot offers wooded green space in back and on both sides offering privacy.Close to Wellness Center & center of Tellico Village. Experience the TELLICO VILLAGE LIFESTYLE! Three championship golf courses, 34 miles of Tellico Lake for your boating pleasure, two fitness facilities (with exercise equipment, indoor and outdoor pools, classrooms for yoga & dance, tennis & pickleball courts), hiking trails, three marinas, three boat launches, restaurants, dog park, Yacht Club. Close to Smoky Mountains for hiking & exploring.Choose from over 200 social clubs to choose from. 20 minutes from shopping at Turkey Creek restaurants, movie theater, loads of shops including Costco. Near Knoxville restaurants, theater, & symphony. 20 minutes from shopping at Turkey Creek restaurants, movie theater, loads of shops including Costco. Near Knoxville restaurants, theater, & symphony. Call today to schedule your showing!

Last Agent to Sell the Property

Stephanie Cross

United Country Real Estate/Tennessee Real Properties License #344140 Listed on: 01/18/2023

Last Buyer's Agent

Jackie Henderson

Tellico Realty, Inc. License #344387

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $57

Year Built

  • 2023

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 141x105x78x113
  • Property fronts a private road
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $154 Monthly HOA Fees

Property Views

  • Countryside Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 058D A 011.00
  • Tax Block 4

Community Details

Overview

  • Chota Hills Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Sauna
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green

Property Details

Property Type

Land

Est. Annual Taxes

$57

Year Built

2023

Lot Details

0

HOA Fees

$154 per month

Listing Details

  • Directions: From Lenoir City, take 321 to Hwy. 444 ( Tellico Parkway), right at the light on Chota Road, right on Ootsima Way. Lot is on the right. Sign on property.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.26
  • Lot Size: 141X105X78X113
  • Subdivision Name: Chota Hills
  • Topography:Rolling: Yes
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • Utilities Available:Cable TV2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Telephone5: Yes
  • Utilities Available:Water5: Yes
  • Property Sub-Type:Single Family2: Yes
  • Lot Description:Irregular Lot: Yes
  • Utilities Available:Sewer6: Yes
  • Road Frontage:Private3: Yes
  • Lot Description:Golf Community: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2023

Exterior Features

  • View: Country Setting
  • Lot Features: Golf Community, Rolling, Wooded
  • Topography: {"Level":true}
  • Road Frontage Paved: Yes

Condo/Co-op/Association

  • Association Fee: 153.85
  • Association Fee Frequency: Monthly

Association/Amenities

  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:Boat Ramp: Yes
  • Community Amenities:Dock2: Yes
  • Community Amenities:Lake Access2: Yes
  • Community Amenities:PicnicBarbeque Area: Yes
  • Community Amenities:Exercise Room: Yes
  • Community Amenities:Extra Storage4: Yes
  • Community Amenities:Golf Course2: Yes
  • Community Amenities:Putting Greens: Yes
  • Community Amenities:Rec Facilities: Yes
  • Community Amenities:Tennis Courts: Yes
  • Community Amenities:Other45: Yes
  • Community Amenities:Playground: Yes
  • Community Amenities:Sauna: Yes

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel #: 058D A 011.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Feb 7, 2023
Sold by
Byron Nathanael W
Bought by
Narron Richard Lee and Narron Diane Marie
Seller's Agent
Stephanie Cross
United Country Real Estate/Tennessee Real Properties
Buyer's Agent
Jackie Henderson
Tellico Realty, Inc.
List Price
$65,000
Sold Price
$55,000
Premium/Discount to List
-$10,000
-15.38%
Total Days on Market
2
Views
17
Current Estimated Value
$599,172

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$544,172
Avg. Annual Appreciation
182.46%

Purchase Details

Closed on
Jan 21, 2022
Sold by
Jacqueline Graves
Bought by
Graves Marshal and Graves Lisa

Purchase Details

Listed on
Apr 2, 2021
Closed on
Apr 28, 2021
Sold by
Morton Scott A and Morton Carrie S
Bought by
Byron Nathanael W and Latta Linda
Seller's Agent
Alden Williams
BHHS Lakeside Realty
Buyer's Agent
Christy Barone
Crye-Leike Realtors, Tellico Village
Sold Price
$19,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
130.11%

Purchase Details

Closed on
Oct 29, 2008
Sold by
Dunlap James Alan
Bought by
Morton Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,200
Interest Rate
6.11%

Purchase Details

Closed on
Jun 2, 1988
Bought by
Dunlap James Alan and Dunlap Helen F
Source: Public Records

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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
Narron Richard Lee $55,000 Tellico Title Services
Graves Marshal $250 Brock Shipe Klenk Plc
Byron Nathanael W $19,500 Realty T&E Svcs Inc
Morton Scott A $16,500 --
Dunlap James Alan $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narron Richard Lee $529,900
Previous Owner Morton Scott A $13,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $55,000 -15.4% --
01/21/2023 01/21/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $65,000 +233.3% --
04/28/2021 04/28/21 Sold $19,500 -- --
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
2023 $57 $103,475 $0 $0
2022 $57 $3,750 $3,750 $0
2021 $57 $3,750 $3,750 $0
2020 $68 $3,750 $3,750 $0
2019 $68 $3,750 $3,750 $0
2018 $68 $3,750 $3,750 $0
2017 $68 $3,750 $3,750 $0
2016 $70 $3,750 $3,750 $0
2015 $70 $3,750 $3,750 $0
2014 $70 $3,750 $3,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1215740

East Tennessee REALTORS® MLS

APN: 058D-A-011.00