NOT LISTED FOR SALE

Estimated Value: $628,000 - $1,623,313

0.56 Acre
$2,034,068 Price per Acre
24,394 Sq Ft Lot

Last Sold July 17, 2020

Last sale price $248,000

Est. 359% increase in value since last sale

Current estimated payment $6,442/month

62 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • 0.56 Acre Lot
  • Boat Ramp
  • Fitness Center
  • Community Lake

About This Lot

As of July 2020

FANTASTIC OPPORTUNITY to own this Dockable Level Lakefront Lot located in the SPTCTACULAR Lake and Golf Community of Tellico Village. Build your home in the Gated Area of Mialaquo Shores. This lot is close to grocery, restaurants, pharmacy, hardware, salons and MORE! Wonderful quite cove just off MAGNIFICENT and CLEAN Tellico Lake. Relax on your back porch and take in the expansive lake view. Grocery is within walking distance. Convenient to shopping, Yacht Club, 3 championship golf courses, country club, 7+ restaurants within Tellico Village, etc. Tellico Lake surrounds the area and you're within minutes to Fort Loudoun Dam which connects the lake to the Tennessee River. Minutes to Lenoir City and 30 minutes to Turkey Creek shopping and dining.

Last Agent to Sell the Property

Karen Packett

Lake Homes Realty License #244428 Listed on: 04/20/2020

Last Buyer's Agent

Bill Cooley

Keller Williams Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,733

Lot Details

  • 0.56 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $133 Monthly HOA Fees

Property Views

  • Lake
  • Seasonal

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 068j L 004.00

Community Details

Overview

  • Mialaquo Shores Subdivision
  • 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
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$3,733

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Directions: From I-75, Take Exit 72 (Loudon) head East on TN-72. Turn left onto Hwy 444 (Tellico Parkway - Tellico Village). Take first road on the right onto Mialaquo Rd (Mialaquo Neighborhood). Take first Left onto Kanutsu Ln. Lot on the right and sign on property.
  • Prop. Type: Lots & Acreage
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.56
  • Lot Size: 112x257 IRR
  • Subdivision Name: Mialaquo Shores
  • Utilities Available:Cable TV2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Gas3: Yes
  • Utilities Available:Telephone5: Yes
  • Utilities Available:Water5: Yes
  • General Property Description:Lot Size SqFt: 24394.0
  • Property Sub-Type:Single Family2: Yes
  • Utilities Available:Sewer6: Yes
  • Property Sub-Type:Lake Front: Yes
  • Property Sub-Type:Waterfront Access2: Yes
  • Road Frontage:Private3: Yes
  • Lot Description:Lake Access: Yes
  • Lot Description:Lakefront: Yes
  • Lot Description:Waterfront Access: Yes
  • View:Lake: Yes
  • View:Lakefront2: Yes
  • Topography:Cleared: Yes
  • View:Seasonal Lake View: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Seasonal Lake View, Lake
  • Lot Features: Lake Access, Lakefront, Waterfront Access
  • Topography: {"Level":true,"Cleared":true}
  • Road Frontage Paved: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Clubhouse, Golf Course, Playground, Recreation Facilities, Sauna, Pool, Tennis Court(s)
  • Association Fee: 132.9
  • Association Fee Frequency: Monthly

Association/Amenities

  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Club House2: Yes
  • Community Amenities:Sidewalks: 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

Lot Info

  • Lot Size Sq Ft: 24394.0
  • Parcel #: 068j L 004.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2020
Closed on
Jul 17, 2020
Sold by
Stow Robert C
Bought by
Kovar Mark S and English Kovar Susan
Seller's Agent
Karen Packett
Lake Homes Realty
Buyer's Agent
Bill Cooley
Keller Williams Realty
Sold Price
$248,000
Current Estimated Value
$1,139,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$891,078
Avg. Annual Appreciation
32.76%
Original Mortgage
$402,500
Outstanding Balance
$360,922
Interest Rate
3.37%
Mortgage Type
Construction
Estimated Equity
$778,156

Purchase Details

Closed on
Apr 23, 2012
Sold by
Kinzie Michael W
Bought by
Stow Robert C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 21, 2007
Sold by
Avery Petty
Bought by
Kinzie Michael W

Purchase Details

Closed on
Sep 13, 2007
Sold by
Hickory Creek Development
Bought by
Avery Petty

Purchase Details

Closed on
Aug 26, 2007
Bought by
Hickory Creek Development Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kovar Mark S $248,000 Tellico Title Services Inc
Stow Robert C $240,000 --
Kinzie Michael W $350,000 --
Avery Petty $250,000 --
Hickory Creek Development Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kovar Mark S $402,500
Previous Owner Stow Robert C $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $248,000 -- --
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
2025 $3,733 $245,850 $62,500 $183,350
2023 $3,733 $245,850 $0 $0
2022 $2,733 $180,025 $62,500 $117,525
2021 $949 $62,500 $62,500 $0
2020 $1,127 $62,500 $62,500 $0
2019 $1,127 $62,500 $62,500 $0
2018 $1,127 $62,500 $62,500 $0
2017 $1,127 $62,500 $62,500 $0
2016 $1,115 $60,000 $60,000 $0
2015 $1,115 $60,000 $60,000 $0
2014 $1,115 $60,000 $60,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1114456

East Tennessee REALTORS® MLS

APN: 068J-L-004.00