NOT LISTED FOR SALE

Estimated Value: $45,799 - $438,000

0.31 Acre
$494,194 Price per Acre
13,504 Sq Ft Lot

Last Sold September 13, 2024

Last sale price $44,000

Est. 248% increase in value since last sale

Current estimated payment $913/month

133 Days on Market

Highlights

  • Boat Ramp
  • Access To Lake
  • Gated Community
  • On Golf Course
  • Fitness Center
  • Lake View

About This Lot

As of September 2024

BEAUTIFUL GOLF FRONT LOT at the fourteenth tee box WITH LAKE VIEWS in this picturesque, gated community. Consider building your custom ranch home and enjoy GOLF VIEWS from your back patio or VIEWS OF TELLICO LAKE from your front porch. Rarity Bay: lakefront living with a championship golf course, fitness center, pool, pickleball & tennis courts, dog park, social & charitable volunteer opportunities galore in this family-like community. On-site access to HIKING TRAILS & an EQUESTRIAN CENTER. Mandatory Social Membership provides access to fitness center, pool, pickleball & tennis courts, and regular Club themed activities. HOA is yearly. Full Golf Membership is transferable. Golf Membership is optional. Ask your agent to provide the details.

Last Agent to Sell the Property

Christina Purcell

ReMax Preferred Properties, In License #352389 Listed on: 04/02/2024

ReMax Preferred Properties, In

Last Buyer's Agent

Michael Anderschat

Wallace License #378226

Wallace

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $209

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 110x128x110x130
  • Property fronts a private road
  • On Golf Course
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $92 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 078P B 006.00
  • $1,760 Seller Concession

Community Details

Overview

  • Rarity Bay Subdivision

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

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

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$209

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Directions: From I-75 take exit 72 east. Go 13 miles to Rarity Bay entrance on left. This is a secured gated community. Buyers must enter with a Realtor.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.31
  • Lot Size: 110x128x110x130
  • Road Frontage Type: Paved
  • Subdivision Name: Rarity Bay
  • Topography:Rolling: Yes
  • Improvements:Utilities on Site: Yes
  • Lot Description:Rolling Slope: 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
  • Road Frontage:Private3: Yes
  • Topography:Cleared: Yes
  • Lot Description:Golf Community: Yes
  • Lot Description:Golf Front: Yes
  • View:Golf Course: Yes
  • View Lake View: Yes
  • Community Amenities LakeWater Access2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Golf Course, Lake View
  • Lot Features: Golf Community, Rolling, Golf Front, Rolling Slope
  • Topography: Level, Cleared
  • Road Frontage Paved: Yes

Utilities

  • Security: Gated Community
  • Utilities: Cable TV

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Tennis Courts, Swimming Pool, Extra Storage, Club House, Other, Golf Course, Recreation Facilities, Security
  • Association Fee: 1100.0
  • 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:Extra Storage4: Yes
  • Community Amenities:Golf Course2: Yes
  • Community Amenities:Putting Greens: Yes
  • Community Amenities:Rec Facilities: Yes
  • Community Amenities:Security2: Yes
  • Community Amenities:Tennis Courts: Yes
  • Community Amenities:Other45: Yes

Lot Info

  • Lot Size Sq Ft: 13503.6
  • Parcel #: 078P B 006.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 208.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2024
Closed on
Sep 13, 2024
Sold by
Freshwater David M and Freshwater Kathleen S
Bought by
Funderburg William T and Funderburg Cindy Lou
Seller's Agent
Christina Purcell
ReMax Preferred Properties, In
Buyer's Agent
Michael Anderschat
Wallace
List Price
$49,900
Sold Price
$44,000
Premium/Discount to List
-$5,900
-11.82%
Views
41
Current Estimated Value
$153,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,200
Avg. Annual Appreciation
157.31%

Purchase Details

Closed on
Apr 29, 2005
Sold by
Tellico Lake Properties Lp
Bought by
David Freshwater
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
Funderburg William T $44,000 Title Group Of Tennessee
David Freshwater $122,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $44,000 -11.7% --
08/14/2024 08/14/24 Pending -- -- --
05/17/2024 05/17/24 Price Changed $49,850 -0.1% --
04/02/2024 04/02/24 For Sale $49,900 -- --
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 $243 $13,750 $13,750 --
2024 $209 $13,750 $13,750 --
2023 $209 $13,750 $0 $0
2022 $209 $13,750 $13,750 $0
2021 $209 $13,750 $13,750 $0
2020 $225 $13,750 $13,750 $0
2019 $225 $12,500 $12,500 $0
2018 $225 $12,500 $12,500 $0
2017 $338 $18,750 $18,750 $0
2016 $349 $18,750 $18,750 $0
2015 $349 $18,750 $18,750 $0
2014 $349 $18,750 $18,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1257907

East Tennessee REALTORS® MLS

APN: 078P-B-006.00