NOT LISTED FOR SALE

Estimated Value: $509,000 - $722,000

4 Beds
2.5 Baths
3,006 Sq Ft
$190/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $520,000 $173 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,251/month

11 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Craftsman Architecture
  • Golf Course Community
  • Lake View
  • Community Lake

About This Home

As of July 2024

YEAR-ROUND LAKE VIEWS!!! Nestled in the heart of Tellico Village, this charming basement rancher has a gorgeous view of Tellico Lake and a host of modern upgrades. Step inside to discover a home transformed by thoughtful renovation. Every detail has been meticulously curated to create a seamless blend of modern style and rustic charm. From the original hardwood floors to the updated fixtures, this home is a haven for those seeking both tranquility and sophistication.
Entertain with ease in the spacious living areas, where a wall of windows frames a breathtaking view of the lake. Whether hosting a dinner party or enjoying a cozy night in by the wood burning fireplace, the open-concept layout provides the perfect backdrop for every occasion. Channel your inner chef in the gourmet kitchen, where double wall ovens, a gas cooktop, quartz countertops, and custom cabinetry combine to create a culinary masterpiece. With ample counter space and a convenient layout, meal preparation is both practical and stylish.
Descend into the basement and envision the possibilities. Currently it's being used as an ultimate entertainment hub. It's the perfect space for hosting gatherings with family and friends. But with its open layout and flexible design, this space can be tailored to suit your unique needs and preferences. Whether you dream of a cozy family room, a home theater, a gym, or an office, the options are limited only by your imagination.
Step outside to your own private paradise, where mature landscaping and multiple outdoor living spaces invite you to soak in the natural beauty of your surroundings. Whether lounging on the new all-weather deck, dining alfresco on the patio, or enjoying a sunset stroll along one of the many hiking trails that are nearby, the possibilities for outdoor enjoyment are endless.
Centrally located in Tellico Village, this home offers unparalleled access to all of the recreational activities the community has to offer. Whether you enjoy boating, fishing, hiking or golfing, you'll find endless opportunities for outdoor adventure right outside your door. This home is close to the Yacht Club, boat launch, marinas, golf courses and Tugaloo Park.
Don't miss your chance to make this Lakeview home your own.
Furnishings available to purchase upon request. Buyer to verify square footage.

Last Agent to Sell the Property

Gwen Gavin

BHHS Lakeside Realty License #369974 Listed on: 05/24/2024

BHHS Lakeside Realty

Last Buyer's Agent

Forest McCollough

eXp Realty, LLC License #363625

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $903

Year Built

  • Built in 1994

Lot Details

  • 0.4 Acre Lot
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $176 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Lake
  • Woods
  • Forest

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Frame Construction
  • Cedar Siding
  • Stone Siding
  • Cedar

Interior Spaces

  • 3,006 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Storage Room

Kitchen

  • Breakfast Bar
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Recreation or Family Area in Basement

Outdoor Features

  • Pond
  • Lake, Pond or Stream
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Storage Shed

Schools

  • Lenoir City Middle School
  • Lenoir City High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Heat Pump System
  • Internet Available

Listing and Financial Details

  • Property Available on 5/26/24
  • Assessor Parcel Number 050L F 014.00
  • Tax Block 4

Community Details

Overview

  • Association fees include fire protection, some amenities
  • Chota Woods Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Picnic Area
  • Sauna
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$903

Year Built

Built in 1994

Lot Details

0

HOA Fees

$176 per month

Parking

2

Listing Details

  • Directions: From Tellico Pkwy, HWY 444, turn onto Chota Rd, then right onto Gigi Lane, then right onto Sasa Way. House is on the right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1994
  • Lot Size Acres: 0.4
  • Subdivision Name: Chota Woods
  • Architectural Style: Craftsman, Contemporary
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Wooded2: Yes
  • View:Lake: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1754.0
  • General Property Description:SqFt - Down Lvl: 1252.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Outbuildings:Storage Shed: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Siding:Stone3: Yes
  • Lot Description:Private: Yes
  • Siding:Cedar: Yes
  • Percent Basement Finished: Yes
  • Floors:Tile2: Yes
  • Basement Walkout: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Dining Area:Breakfast Bar: Yes
  • Style:Craftsman: Yes
  • Lot Description:Pond: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Washer
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Stone, Wood Burning
  • Fireplaces: 1
  • Flooring: Hardwood, Tile
  • Appliances Dishwasher: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:Wood Burning: Yes
  • Appliances:Gas Stove: Yes
  • Other Rooms:Basement Rec Room: Yes
  • Fireplace:Stone2: Yes

Exterior Features

  • Exterior Features: Patio, Porch - Covered, Deck, Balcony
  • View: Wooded, Other, Lake
  • Lot Features: Private, Pond, Wooded, Rolling Slope
  • Construction Type: Stone, Cedar, Frame
  • Other Structures: Storage
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Garage Spaces: 2.0

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump, Propane, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Golf Course, Playground, Recreation Facilities, Sauna, Pool, Tennis Court(s)
  • Association Fee: 176.24
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Club House2: 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:Golf Course2: Yes
  • Community Amenities:Putting Greens: Yes
  • Community Amenities:Rec Facilities: Yes
  • Community Amenities:Tennis Courts: Yes
  • Community Amenities:Playground: Yes
  • Community Amenities:Sauna: Yes
  • Association Fee Incl:Some Amenities: Yes
  • Association Fee Incl:Fire Protection: Yes

Fee Information

  • Association Fee Includes: Fire Protection, Some Amenities

Schools

  • High School: Lenoir City
  • Middle Or Junior School: Lenoir City

Lot Info

  • Lot Size Sq Ft: 17424.0
  • Parcel #: 050L F 014.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2024-05-26

Tax Info

  • Tax Block: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jul 22, 2024
Sold by
Farnstrom Thomas Alan
Bought by
Jayson Jeffrey and Sember Anna
Seller's Agent
Gwen Gavin
BHHS Lakeside Realty
Buyer's Agent
Forest McCollough
eXp Realty, LLC
List Price
$544,900
Sold Price
$520,000
Premium/Discount to List
-$24,900
-4.57%
Views
50
Current Estimated Value
$563,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,722
Avg. Annual Appreciation
7.34%
Original Mortgage
$50,000
Outstanding Balance
$49,230
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving
Estimated Equity
$514,492

Purchase Details

Closed on
Mar 18, 2021
Sold by
Farnstrom Kimberly Lynn
Bought by
Farnstrom Thomas Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2018
Closed on
May 17, 2019
Sold by
Fields Julie A and Fields Dennis
Bought by
Farnstrom Thomas Alan and Farnstrom Kimberly Lynn
Seller's Agent
Anna Cramer
Realty Executives Knox Valley
Buyer's Agent
Anna Cramer
Realty Executives Knox Valley
Sold Price
$212,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.64%

Purchase Details

Closed on
Aug 5, 1994
Bought by
Gilland Julie A

Purchase Details

Closed on
Mar 17, 1990
Bought by
Custom Homes & Const Management Inc

Purchase Details

Closed on
Jan 4, 1990
Bought by
Nuznov Sam and Nuznov Dorothy
Source: Public Records

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
Jayson Jeffrey $520,000 None Listed On Document
Jayson Jeffrey $520,000 None Listed On Document
Farnstrom Thomas Alan -- None Available
Farnstrom Thomas Alan $212,500 None Available
Gilland Julie A $127,400 --
Custom Homes & Const Management Inc $18,300 --
Nuznov Sam $18,300 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $520,000 -4.6% $173 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
05/26/2024 05/26/24 For Sale $544,900 +156.4% $181 / Sq Ft
05/17/2019 05/17/19 Sold $212,500 -- $67 / 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 $903 $88,700 $7,500 $81,200
2023 $903 $59,475 $0 $0
2022 $903 $59,475 $7,500 $51,975
2021 $903 $59,475 $7,500 $51,975
2020 $915 $59,475 $7,500 $51,975
2019 $915 $50,750 $7,500 $43,250
2018 $915 $50,750 $7,500 $43,250
2017 $915 $50,750 $7,500 $43,250
2016 $994 $53,500 $8,750 $44,750
2015 $994 $53,500 $8,750 $44,750
2014 $994 $53,500 $8,750 $44,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1264052

East Tennessee REALTORS® MLS

APN: 050L-F-014.00