$515,000
SOLD OCT 20, 2023
3 Beds
2 Baths
2,000 Sq Ft
0.26 Acres

Recently Sold

$258 Per Sq Ft

3% Below List Price

104 Days on Market

Highlights

  • Golf Course Community
  • Community Lake
  • Deck
  • Landscaped Professionally
  • Clubhouse
  • Traditional Architecture

About This Home

As of October 2023

Welcome to 140 Elokwa Way, Loudon, TN! This beautifully modified Myrtle Plan home has been enhanced with numerous upgrades to provide an exquisite living experience. Boasting 3 bedrooms, 2 baths, and a sunroom, this spacious residence spans 2000 square feet.

Upon entering, you'll immediately notice the luxurious touch of the Luxury Vinyl Plank Flooring that flows throughout the entire home. The deluxe kitchen is a chef's dream, featuring elegant White Shaker Cabinets and a stainless steel appliance package that includes a gas stove, microwave, dishwasher, and refrigerator. The addition of a center island provides extra preparation space, complemented by the dazzling quartz countertops and stunning backsplash.
To create a more open and inviting atmosphere, the original plan's peninsula has been removed, allowing seamless flow from the dining area. Adjacent to the dining space, you'll find a sunroom, a perfect spot to relax or entertain guests. The sunroom conveniently opens up to a deck, offering an ideal setting for your grilling needs.
The great room is a highlight of the home, featuring a Trey Ceiling and a striking dry stack stone fireplace, creating a cozy and stylish ambiance. The primary suite is generously sized and boasts an en-suite bath, complete with a walk-in tile shower and a double bowl vanity adorned with quartz counters. The walk-in closet provides ample storage space for two.
No detail has been overlooked in this thoughtfully designed home. The guest bath features a tile surround on the shower/tub combination, adding a touch of elegance. With its numerous upgrades and attention to detail, this home is sure to bring delight and comfort to its lucky owners.
140 Elokwa Way is truly a place where luxury meets functionality, offering a refined living experience that will exceed your expectations.
Buyer to remimburse builder the Loudon County Impact Fee at closing.

Last Agent to Sell the Property

Katrina Foster

Keller Williams West Knoxville License #310449 Listed on: 06/07/2023

Keller Williams West Knoxville

Last Buyer's Agent

R. J. Duncan

Realty Executives Associates License #361063

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $38

Year Built

  • Built in 2023

Lot Details

  • 0.26 Acre Lot
  • Landscaped Professionally
  • Level Lot
  • Rain Sensor Irrigation System

HOA Fees

  • $168 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Block Foundation
  • Frame Construction
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,000 Sq Ft Home
  • Tray Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Vinyl Clad Windows
  • Great Room
  • Breakfast Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Storage
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 058L H 010.00
  • Tax Block 7

Community Details

Overview

  • Association fees include some amenities
  • Toqua Coves Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Putting Green

Home Details

Home Type

Single Family

Est. Annual Taxes

$38

Year Built

Built in 2023

Lot Details

0

HOA Fees

$168 per month

Parking

3

Listing Details

  • Directions: Tellico Parkway South, Right on Ritchie Road, Left on Elokwa Way, Home on Left
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2023
  • Lot Size Acres: 0.26
  • Lot Size: 76x135x137x Back 76
  • Subdivision Name: Toqua Coves
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2000.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Siding:Stone3: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Trey Ceiling: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Tankless Wtr Htr
  • Has Basement: Crawl Space
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Vinyl, Tile
  • ResoLivingAreaSource: Plans
  • Fireplace:Gas Log: Yes
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Appliances:Gas Stove: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:Sunroom: Yes
  • Appliances:Tankless Wtr Htr: Yes
  • Other Rooms:Great Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Other Rooms:Breakfast Room: Yes

Exterior Features

  • Exterior Features: Irrigation System, Windows - Vinyl, Porch - Covered, Prof Landscaped, Deck
  • Lot Features: Level, Rolling Slope
  • Construction Type: Stone, Vinyl Siding, Block, Frame
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Construction:Block2: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Prof Landscaped: Yes
  • Exterior Features:Irrigation System: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Garage Door Opener, Attached, Main Level
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Main Level: Yes

Utilities

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

Condo/Co-op/Association

  • Amenities: Clubhouse, Golf Course, Playground, Recreation Facilities, Pool, Tennis Court(s)
  • Association Fee: 167.85
  • 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:Lake Access2: Yes
  • Community Amenities:PicnicBarbeque Area: 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
  • Association Fee Incl:Some Amenities: Yes

Fee Information

  • Association Fee Includes: Some Amenities

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel #: 058L H 010.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Oct 19, 2023
Sold by
Bishop Construction Llc
Bought by
Lamar Gabriel B and Lamar Danette Trent
Seller's Agent
Katrina Foster
Keller Williams West Knoxville
Buyer's Agent
R. J. Duncan
Realty Executives Associates
List Price
$529,900
Sold Price
$515,000
Premium/Discount to List
-$14,900
-2.81%
Total Days on Market
104
Views
228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%
Original Mortgage
$412,000
Outstanding Balance
$405,463
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving
Estimated Equity
$194,162

Purchase Details

Closed on
Jul 27, 2022
Sold by
Akj Llc
Bought by
Bishop Construction Llc

Purchase Details

Closed on
Apr 16, 2015
Sold by
Tellico Village Property
Bought by
Akj Llc

Purchase Details

Closed on
Jun 25, 2012
Sold by
Prima Properties Llc
Bought by
Tellico Village Property Owners Assoc Inc

Purchase Details

Closed on
Jul 22, 2005
Sold by
Marchese Joseph F
Bought by
Prima Properties Llc

Purchase Details

Closed on
Feb 23, 1993
Bought by
Marchese Joseph F and Marchese Susan M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $515,000 Admiral Title Inc
Special Warranty Deed $5,000 Brabham E Richards
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed $111,600 --
Deed $10,000 --
Warranty Deed $8,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $56,000 Credit Line Revolving
Open $412,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $580,000 +12.6% $285 / Sq Ft
10/20/2023 10/20/23 Sold $515,000 -2.8% $258 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $529,900 -- $265 / 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
2023 $38 $94,250 $0 $0
2022 $38 $2,500 $2,500 $0
2021 $38 $2,500 $2,500 $0
2020 $34 $2,500 $2,500 $0
2019 $34 $1,875 $1,875 $0
2018 $34 $1,875 $1,875 $0
2017 $34 $1,875 $1,875 $0
2016 $35 $1,875 $1,875 $0
2015 $35 $1,875 $1,875 $0
2014 $35 $1,875 $1,875 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1229367

East Tennessee REALTORS® MLS

APN: 058L-H-010.00