NOT LISTED FOR SALE

1416 Legacy Bay Dr Mooresburg, TN 37811

Estimated Value: $750,000 - $783,124

1.12 Acres
$684,263 Price per Acre
48,787 Sq Ft Lot

Last Sold January 30, 2017

Last sale price $150,000

Est. 416% increase in value since last sale

Current estimated payment $4,588/month

346 Days on Market

About This Lot

As of January 2017

Mountain & Lake Views, Lake Access with Free Boat Slip at Marina, located among the Smokey Mountain Ranges of Tennessee in Lakefront Gated Community Legacy Bay, underground utilities, club house, walking trails, in-ground pool, tennis courts. HOA fees $40/month. Year-round lake access, boat parking. Lot is 1.12 acre, septic & well needed. Build your dream home to enjoy this development that captures the beauty of East Tennessee. Only 2 miles off 11W Hwy, near grocery, golf course, shopping & hospitals.

Last Agent to Sell the Property

Terrie Ball

Jackson Real Estate & Auction License #292264 Listed on: 01/23/2016

Last Buyer's Agent

Terrie Ball

Jackson Real Estate & Auction License #292264 Listed on: 01/23/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,732

Lot Details

  • 1.12 Acre Lot

HOA Fees

  • $40 Monthly HOA Fees

Schools

  • Mooresburg Elementary School
  • Rogersville Middle School
  • Cherokee High School

Utilities

  • Private Water Source
  • Septic Tank

Community Details

  • Legacy Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 004.00

Property Details

Property Type

Land

Est. Annual Taxes

$3,732

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Directions: From Kingsport 11W Hwy into Mooresburg, Left on Slate Hill Rd., approx. 2 miles to Left on Berry Rd. (@ Legacy Bay Sign) to Gate. Through Gate. Follow Legacy Drive just before cul-de-sac property is on the right side of the road.
  • Prop. Type: Land
  • Subdivision Name: Legacy Bay
  • Location Tax Legal Info Parcel ID: 004.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.12
  • General Property Description Zoning2: residential
  • General Property Description Elementary School3: Mooresburg
  • General Property Description Middle School2: Rogersville
  • General Property Description High School3: Cherokee
  • General Property Description HOA Fee: 40.0
  • Water Private: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 1.12

Utilities

  • Sewer: Septic Tank
  • Water Source: Private
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 40.0
  • Association: Yes

Schools

  • Elementary School: Mooresburg
  • High School: Cherokee
  • Middle Or Junior School: Rogersville

Lot Info

  • Zoning: residential
  • Lot Dimensions: 1.12 acre
  • Lot Size Sq Ft: 48787.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 004.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2016
Closed on
Jan 19, 2017
Sold by
Akers Jim D
Bought by
Drinnon Mark A and Drinnon Teresa A
Seller's Agent
Terrie Ball
Jackson Real Estate & Auction
Buyer's Agent
Terrie Ball
Jackson Real Estate & Auction
List Price
$174,900
Sold Price
$150,000
Premium/Discount to List
-$24,900
-14.24%
Current Estimated Value
$773,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$623,752
Avg. Annual Appreciation
19.99%
Original Mortgage
$120,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2010
Bought by
Akers Jim D

Purchase Details

Closed on
Aug 12, 2005
Sold by
Pelliccia Joseph E and Pelliccia Carol
Bought by
Akers Jim D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$526,500
Interest Rate
5.61%

Purchase Details

Closed on
Oct 24, 2003
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
Drinnon Mark A $150,000 --
Akers Jim D $263,300 --
Akers Jim D $263,250 --
Akers Jim D $585,000 --
-- $79,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drinnon Mark A $100,000
Open Drinnon Mark A $448,000
Closed Akers Jim D $100,000
Closed Drinnon Mark A $488,000
Closed Drinnon Mark A $120,000
Previous Owner Akers Jim D $154,000
Previous Owner -- $526,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2017 01/30/17 Sold $150,000 0.0% --
01/30/2017 01/30/17 Sold $150,000 -14.2% --
01/04/2017 01/04/17 Pending -- -- --
01/04/2017 01/04/17 Pending -- -- --
01/23/2016 01/23/16 For Sale $174,900 -2.8% --
06/10/2015 06/10/15 For Sale $179,900 -- --
Source: Tennessee/Virginia Regional 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 $3,732 $146,075 $28,550 $117,525
2023 $3,396 $146,075 $0 $0
2022 $3,386 $146,075 $28,550 $117,525
2021 $3,166 $146,075 $28,550 $117,525
2020 $3,203 $146,075 $28,550 $117,525
2019 $3,203 $126,500 $44,125 $82,375
2018 $2,593 $126,500 $44,125 $82,375
2017 $1,117 $44,125 $44,125 $0
2016 $1,117 $44,125 $44,125 $0
2015 $1,088 $44,125 $44,125 $0
2014 $1,647 $66,800 $66,800 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Terrie Ball

    Jackson Real Estate & Auction

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 372193

Tennessee/Virginia Regional MLS

APN: 149D-B-004.00

Tennessee Hawkins County Mooresburg 37811

1416 Legacy Bay Dr, Mooresburg, TN

This home is located at 1416 Legacy Bay Dr, Mooresburg, TN 37811 since 23 January 2016 and is currently estimated at $766,375. 1416 Legacy Bay Dr is a home located in Hawkins County with nearby schools including Mooresburg Elementary School, Rogersville Middle School, and Cherokee High School.

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