NOT LISTED FOR SALE

Estimated Value: $303,218 - $492,000

0.59 Acre
$720,463 Price per Acre
25,700 Sq Ft Lot

Last Sold July 31, 2024

Last sale price $262,250

Est. 62% increase in value since last sale

Current estimated payment $2,373/month

324 Days on Market

Highlights

  • Lake Front
  • Private Dock
  • Fitness Center
  • Boat Ramp
  • Golf Course Community
  • Gated Community

About This Lot

As of July 2024

Don't miss your opportunity to own one of the last large available lakefront lots in the prestigious Golf Community of Rarity Bay! Imagine walking out your back door into a beautiful park-like setting, right to your private covered dock slip with lift, so you can enjoy lake living right away!

The dock has 6 covered slips which are privately deeded. This lot is .59 acres and has been cleared, ready to build your dream home! Gently sloping lot is perfect for a walkout, and easily accommodates a three-car garage.

Rarity Bay is a guard gated community which boasts a championship golf course, fitness center, pickleball courts, dog park, swimming pool, and community garden. There are also hiking trails and an equestrian center.
Social Membership is required with a one time $10,000 initiation fee.
Call for more information regarding a Golf Membership on this lot.

Last Agent to Sell the Property

Luke Noe

Rarity Bay Properties, LLC License #304073 Listed on: 04/10/2024

Co-Listed By

Bill Floyd

River Rock Real Estate Group License #347493

Last Buyer's Agent

Bill Floyd

Rarity Bay Properties, LLC License #347493

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $662

Lot Details

  • 0.59 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $88 Monthly HOA Fees

Property Views

  • Lake Views

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 078P B 041.00

Community Details

Overview

  • Rarity Bay Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Putting Green
  • Access To Lake
  • Private Dock
  • Dock Permitted

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$662

Lot Details

0

HOA Fees

$88 per month

Listing Details

  • Directions: From Knoxville driving I-75s to exit 72. (Loudon) Left onto hwy. 72, continue 13.3 miles to entrance of Rarity Bay on left. Continue on Rarity Bay Parkway, Right on Watercrest, Right onto Killdeer. Intersection of Cormorant/Killdeer Property is on your right.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.59
  • Lot Size: 217x205irr
  • Road Frontage Type: Paved
  • Co List Office Phone: 888-727-4892
  • Subdivision Name: Rarity Bay
  • Topography:Rolling: Yes
  • Improvements:Utilities on Site: Yes
  • Utilities Available:Cable TV2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Gas3: Yes
  • Utilities Available:Telephone5: Yes
  • Utilities Available:Water5: Yes
  • 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:Golf Community: Yes
  • Improvements:Boat Dock2: Yes
  • View Lake View: Yes
  • Community Amenities LakeWater Access2: Yes
  • Lot Description Waterfront: Yes
  • Lot Description LakeWater Access: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Lake View
  • Lot Features: Waterfront, Lake/Water Access, Current Dock Permit on File, Golf Community, Rolling
  • Road Frontage Paved: Yes

Utilities

  • Security: Gated Community
  • Utilities: Cable TV

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Tennis Courts, Swimming Pool, Club House, Golf Course
  • Association Fee: 1050.0
  • Association Fee Frequency: Yearly

Association/Amenities

  • Community Amenities:Gated Community: Yes
  • 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:Exercise Room: Yes
  • Community Amenities:Golf Course2: Yes
  • Community Amenities:Putting Greens: Yes
  • Community Amenities:Tennis Courts: Yes

Lot Info

  • Lot Size Sq Ft: 25700.4
  • Parcel #: 078P B 041.00
  • Zoning Description: Zoned Residential

Tax Info

  • Tax Annual Amount: 661.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Jul 23, 2024
Sold by
Ramirez-Samborski Judith M
Bought by
Jinguji Living Trust and Jinguji
Seller's Agent
Luke Noe
Rarity Bay Properties, LLC
Buyer's Agent
Bill Floyd
River Rock Real Estate Group
List Price
$325,000
Sold Price
$262,250
Premium/Discount to List
-$62,750
-19.31%
Views
9
Current Estimated Value
$425,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,823
Avg. Annual Appreciation
40.18%

Purchase Details

Closed on
Nov 9, 2021
Sold by
Salem Pointe Capital Partners
Bought by
Ramirez Samborsiu Judith

Purchase Details

Closed on
Dec 3, 2015
Sold by
Stooksbury Robert T
Bought by
Salem Pointe Capital Partners

Purchase Details

Closed on
May 18, 2015
Sold by
Tellico Lake Properties Lp
Bought by
Salem Pointe Capital Partners
Source: Public Records
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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
Jinguji Living Trust $262,250 Tellico Title Services
Ramirez Samborsiu Judith $195,000 Tellico Title Services Inc
Salem Pointe Capital Partners $8,000 --
Salem Pointe Capital Partners $1,508,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2024 07/31/24 Sold $262,250 -19.3% --
07/08/2024 07/08/24 Pending -- -- --
06/01/2024 06/01/24 Price Changed $325,000 +12.5% --
04/30/2024 04/30/24 Price Changed $289,000 -11.1% --
04/10/2024 04/10/24 For Sale $325,000 0.0% --
03/23/2024 03/23/24 Pending -- -- --
03/21/2024 03/21/24 Price Changed $325,000 +8.4% --
11/27/2023 11/27/23 Price Changed $299,900 -14.3% --
09/24/2023 09/24/23 Price Changed $349,900 -12.5% --
08/18/2023 08/18/23 For Sale $399,900 -- --
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 $771 $43,575 $37,500 $6,075
2024 $662 $43,575 $37,500 $6,075
2023 $662 $43,575 $0 $0
2022 $662 $43,575 $37,500 $6,075
2021 $662 $43,575 $37,500 $6,075
2020 $808 $43,575 $37,500 $6,075
2019 $808 $44,825 $38,750 $6,075
2018 $1,349 $74,825 $68,750 $6,075
2017 $1,353 $75,000 $75,000 $0
2016 $1,394 $75,000 $75,000 $0
2015 $1,510 $81,250 $81,250 $0
2014 $1,510 $81,250 $81,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1236860

East Tennessee REALTORS® MLS

APN: 078P-B-041.00