NOT LISTED FOR SALE

Estimated Value: $238,000 - $406,000

0.59 Acre
$526,010 Price per Acre
25,700 Sq Ft Lot

Sale Details

Date Sold: July 31, 2024

Last sale price $262,250

Est. 18% increase in value since last sale

Current estimated payment $1,861 / mo

324 Days on Market

Highlights

  • Lake Front
  • Docks
  • 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

River Rock Real Estate Group 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

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $662

Lot Details

  • 25,700 Sq Ft Lot
  • Lake Front
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • 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

  • Tax Lot 690r
  • Assessor Parcel Number 078P B 041.00

Community Details

Overview

  • Rarity Bay Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$662

Lot Details

0.59 Acres

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: Land
  • Lot Size Acres: 0.59
  • Lot Size: 217x205irr
  • Road Frontage Type: Paved
  • Co List Office Phone: 888-727-4892
  • Subdivision Name: Rarity Bay
  • Easements:Easements: Typical Subdivision, TVA Flowage Easement
  • Improvements:Improvements: Curbs & Gutters, Boat Dock, Utilities on Site
  • Lot Description:Lot Description: Golf Community, Waterfront, Lake/Water Access, Current Dock Permit on File
  • Property Sub-Type:Property Sub-Type: Single Family, Lake Front, Waterfront Access
  • Road Frontage:Road Frontage: Paved, Private
  • Topography:Topography: Rolling
  • Community Amenities:Community Amenities: Architect Restricted, Putting Greens, Golf Course, Gated Community, Lake/Water Access, Sidewalks, Boat Ramp, Exercise Room, Club House, Dock, Tennis Courts, Swimming Pool
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Security: Gated Community
  • Utilities: Cable Available
  • Utilities Available:Utilities Available: Electricity, Gas, Water, Sewer, Telephone, Cable TV

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Golf Course, Lake/Water Access, Boat Ramp, Clubhouse, Tennis Court(s), Pool
  • Association Fee: 1050.0
  • Association Fee Frequency: Yearly

Lot Info

  • Parcel #: 078P B 041.00
  • Zoning Description: Zoned Residential

Tax Info

  • Tax Annual Amount: 661.6
  • Tax Lot: 690r

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Jul 23, 2024
Sold by
Bought by
Seller's Agent
Luke Noe
River Rock Real Estate Group
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
$310,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,096
Avg. Annual Appreciation
8.74%

Purchase Details

Closed on
Nov 9, 2021
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 2015
Sold by
Bought by

Purchase Details

Closed on
May 18, 2015
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$262,250 Tellico Title Services
$195,000 Tellico Title Services Inc
$8,000 --
$1,508,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1236860

East Tennessee REALTORS® MLS

APN: 078P-B-041.00

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