NOT LISTED FOR SALE

1405 Legacy Bay Rd Mooresburg, TN 37811

Estimated Value: $87,842 - $113,000

0.83 Acre
$114,712 Price per Acre
36,155 Sq Ft Lot

Last Sold August 07, 2023

Last sale price $79,900

Est. 19% increase in value since last sale

Current estimated payment $586/month

77 Days on Market

Highlights

  • Boat Ramp
  • Gated Community
  • Community Lake
  • Access To Lake
  • Lake View
  • Clubhouse

About This Lot

As of August 2023

Legacy Bay is a premier waterfront community that features a gated entrance, private boat ramp, marina, swimming pool, tennis court, and clubhouse with workout facilities. This lot has .83 acres with mountain and lake views! This will not last long bring your builder and build your dream home!!

Last Agent to Sell the Property

Raj Cheema

Southland Realtors, Inc License #335652 Listed on: 04/20/2023

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $288

Lot Details

  • 0.83 Acre Lot
  • Lot Dimensions are 301 x 230
  • Property fronts a county road
  • Corner Lot
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as None, Zoned Residential

HOA Fees

  • $41 Monthly HOA Fees

Property Views

  • Lake Views

Listing and Financial Details

  • Assessor Parcel Number 149D B 012.00

Community Details

Overview

  • Legacy Bay Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Tennis Courts
  • Community Pool
  • Access To Lake

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$288

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Directions: From Knoxville, I-40 East to I-81 North to Morristown exit 8, Turn Right onto 25E North approx 10 miles to Right onto 11W Hwy, approx 4 miles to Right onto Slate Hill Rd., 2 miles to Left on Berry Rd (@ Legacy Bay Sign) to Gate. Follow Legacy Drive just before cul-de-sac property is on the right side of the road..
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.83
  • Lot Size: 301 x 230
  • Subdivision Name: Legacy Bay
  • Utilities Available:Electricity4: Yes
  • General Property Description:Lot Size SqFt: 36155.0
  • Property Sub-Type:Single Family2: Yes
  • Road Frontage:County4: Yes
  • Lot Description:Corner Lot: Yes
  • Lot Description:Lake Access: Yes
  • View:Lake: Yes
  • Topography:Cleared: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Lake
  • Lot Features: Lake Access, Corner Lot
  • Topography: {"Cleared":true}

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Amenities: Clubhouse, Pool, Tennis Court(s)
  • Association Fee: 497.0
  • Association Fee Frequency: Yearly

Association/Amenities

  • Community Amenities:Gated Community: 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:Tennis Courts: Yes

Lot Info

  • Lot Size Sq Ft: 36155.0
  • Parcel #: 149D B 012.00
  • Zoning Description: None, Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2023
Closed on
Aug 4, 2023
Sold by
Kelly Joseph and Kelly Theresa M
Bought by
Jones Jimmie G and Jones Kristine H
Seller's Agent
Raj Cheema
Southland Realtors, Inc
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$95,000
Sold Price
$79,900
Premium/Discount to List
-$15,100
-15.89%
Views
35
Current Estimated Value
$95,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,311
Avg. Annual Appreciation
5.92%

Purchase Details

Closed on
Jun 9, 2020
Sold by
Hamblet Carol J and Carol J Hamblet Revocable Trus
Bought by
Kelley Joseph and Kelley Theresa M

Purchase Details

Closed on
Aug 10, 2011
Sold by
Hamblet Carol J
Bought by
Hamblet Carol J Revocable Tru and Hamblet Carol J

Purchase Details

Closed on
Feb 24, 2005
Sold by
Lake Developers
Bought by
Hamblet Charles A and Hamblet Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.6%
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
Jones Jimmie G $79,900 None Listed On Document
Kelley Joseph $43,500 Colonial Title Group Inc
Hamblet Carol J Revocable Tru -- --
Hamblet Charles A $109,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamblet Charles A $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2023 08/07/23 Sold $79,900 0.0% --
07/07/2023 07/07/23 Pending -- -- --
06/19/2023 06/19/23 Price Changed $79,900 -15.9% --
04/20/2023 04/20/23 For Sale $95,000 -- --
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 $288 $11,275 $11,275 --
2023 $262 $11,275 $0 $0
2022 $261 $11,275 $11,275 $0
2021 $244 $11,275 $11,275 $0
2020 $321 $11,275 $11,275 $0
2019 $321 $12,675 $12,675 $0
2018 $321 $12,675 $12,675 $0
2017 $321 $12,675 $12,675 $0
2016 $321 $12,675 $12,675 $0
2015 $312 $12,675 $12,675 $0
2014 $468 $19,000 $19,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1224491

East Tennessee REALTORS® MLS

APN: 149D-B-012.00