NOT LISTED FOR SALE

Estimated Value: $81,000 - $189,000

0.7 Acre
$160,747 Price per Acre
30,492 Sq Ft Lot

Sale Details

Date Sold: June 16, 2023

Last sale price $70,000 $42 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $655 / mo

About This Lot

As of June 2023

Laurel Mountain Lakes is a gated community tucked away in the hills outside the quaint, small town of Tellico Plains. This property offers a 1,000 square foot garage on .7 acres. Temporary electric pole is in place with two 20 amp and one 30 amp for an RV. Septic system installed. Water is hooked up and a utility sink is installed in the garage along with a yard hydrant outside. This is the most buildable lot remaining in this peaceful gated mountain retreat. It gets plenty of sun while still having plenty of trees for privacy. Garage is constructed with Superior walls, foundation grade concrete forms and insulated. A house or unit could be built on top avoiding the cost of installing a foundation. Back portion of lot recently cleaned up, smoothed out and seeded. Some beautiful big oak trees along with apple and peach trees on the property. This property sits about halfway between Knoxville and Chattanooga and is a short drive to the Cherohala Skyway and the Dragons Tail.

Last Agent to Sell the Property

Kristin Gracy

Tellico Mountain Realty Brokerage Phone: 8654056989 License #341086 Listed on: 05/27/2023

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $219

Lot Details

  • 30,492 Sq Ft Lot
  • Property fronts a private road
  • Paved or Partially Paved Lot
  • Level Lot

HOA Fees

  • $23 Monthly HOA Fees

Schools

  • Madisonville Primary Elementary School
  • Madisonville Middle School
  • Sequoyah High School

Utilities

  • Private Sewer

Community Details

  • Laurel Mountain Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 115G D 03100 000

Property Details

Property Type

Land

Est. Annual Taxes

$219

Lot Details

0.7 Acres

HOA Fees

$23 per month

Listing Details

  • Prop. Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Topography: Level
  • View: No
  • Waterfront: No

Utilities

  • Sewer: Private Sewer
  • Water Source: Other
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association Fee: 270
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.7
  • Lot Size: 183 X 166.70 IRR
  • Lot Size Units: Acres
  • Parcel #: 115G D 03100 000

Tax Info

  • Tax Annual Amount: 219

MLS Schools

  • Elementary School: Madisonville Primary
  • High School: Sequoyah High School
  • Middle Or Junior School: Madisonville Middle School

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
May 27, 2023
Closed on
Jun 16, 2023
Sold by
Bought by
Seller's Agent
Kristin Gracy
Tellico Mountain Realty
List Price
$73,000
Sold Price
$70,000
Premium/Discount to List
-$3,000
-4.11%
Current Estimated Value
$112,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,523
Avg. Annual Appreciation
16.21%

Purchase Details

Listed on
Jun 22, 2021
Closed on
Sep 3, 2021
Sold by
Bought by
Seller's Agent
Melissa Wiseman
Tellico Mountain Realty
List Price
$69,000
Sold Price
$60,000
Premium/Discount to List
-$9,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$45,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 29, 2015
Sold by
Bought by

Purchase Details

Closed on
Dec 2, 2002
Sold by
Bought by

Purchase Details

Closed on
Dec 16, 1999
Bought by

Purchase Details

Closed on
Apr 1, 1966
Bought by
Source: Public Records

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
$70,000 Skyway Title
$60,000 None Available
$24,000 --
$16,000 --
$104,000 --
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Previous Owner $45,000
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 Prior Sale
06/16/2023 06/16/23 Sold $70,000 -4.1% $42 / Sq Ft
05/27/2023 05/27/23 Pending -- -- --
05/27/2023 05/27/23 For Sale $73,000 +21.7% $44 / Sq Ft
09/03/2021 09/03/21 Sold $60,000 -13.0% $36 / Sq Ft View Prior Sale
06/22/2021 06/22/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $69,000 -- $41 / Sq Ft
Source: Realtracs

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 $166 $10,925 $5,800 $5,125
2024 $166 $10,925 $5,800 $5,125
2023 $166 $10,925 $5,800 $5,125
2022 $219 $9,800 $6,000 $3,800
2021 $219 $9,800 $6,000 $3,800
2020 $219 $9,800 $6,000 $3,800
2019 $194 $9,800 $6,000 $3,800
2018 $194 $9,800 $6,000 $3,800
2017 $198 $9,450 $6,500 $2,950
2016 $198 $9,450 $6,500 $2,950
2015 $198 $9,450 $6,500 $2,950
2014 $198 $9,451 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: RTC3175288

Realtracs

APN: 115G-D-031.00

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