NOT LISTED FOR SALE

Estimated Value: $794,000 - $1,477,000

0.58 Acre
$1,767,200 Price per Acre
25,283 Sq Ft Lot

Sale Details

Date Sold: June 3, 2021

Last sale price $55,900

Est. 1,734% increase in value since last sale

Current estimated payment $5,859 / mo

157 Days on Market

Highlights

  • Access To Lake
  • Countryside Views
  • Lot Has A Rolling Slope

About This Lot

As of June 2021

Beautiful waterfront development located on Tellico Lake just 2 miles off Highway 411. Development consists of 17 lakefront lots and 19 interior lots. A common area pavilion/day use dock provides lake access to the interior lots.
Owner is a Tennessee licensed real estate broker.

Last Agent to Sell the Property

Bryan Petett

Wallace Commercial License #309436 Listed on: 11/12/2020

Wallace Commercial

Last Buyer's Agent

David Bryant

Realty Executives Associates

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Property Details

Property Type

  • Land

Lot Details

  • 25,283 Sq Ft Lot
  • Lot Dimensions are 139x209
  • Lot Has A Rolling Slope
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $35 Monthly HOA Fees

Property Views

  • Countryside Views

Listing and Financial Details

  • Assessor Parcel Number 078L A 027.00

Community Details

Overview

  • Morganton Landing Subdivision

Recreation

  • Access To Lake

Property Details

Property Type

Land

Lot Details

0.58 Acres

HOA Fees

$35 per month

Listing Details

  • Directions: Located on the corner of East Coast Tellico Parkway and Morganton Road.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.58
  • Lot Size: 139x209
  • Subdivision Name: Morganton Landing
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting
  • Lot Features: Lake Access, Rolling

Condo/Co-op/Association

  • Association Fee: 35.0
  • Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 25283.0
  • Parcel #: 078L A 027.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jun 1, 2021
Sold by
Bought by
Seller's Agent
Bryan Petett
Wallace Commercial
Buyer's Agent
David Bryant
Realty Executives Associates
Sold Price
$55,900
Current Estimated Value
$1,024,976

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$969,076
Avg. Annual Appreciation
74.59%
Original Mortgage
$44,720
Outstanding Balance
$31,683
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$993,293

Purchase Details

Closed on
May 9, 2014
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$55,900 Premier Title Group Llc
$825,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $44,720
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $55,900 -- --
Source: East Tennessee REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,414 $136,525 $13,750 $122,775
2024 $209 $136,525 $13,750 $122,775
2023 $209 $136,525 $0 $0
2022 $209 $13,750 $13,750 $0
2021 $209 $13,750 $13,750 $0
2020 $248 $13,750 $13,750 $0
2019 $248 $13,750 $13,750 $0
2018 $248 $13,750 $13,750 $0
2017 $248 $13,750 $13,750 $0
2016 $209 $11,250 $11,250 $0
2015 $209 $11,250 $11,250 $0
Source: Public Records

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1135718

East Tennessee REALTORS® MLS

APN: 078L-A-027.00

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