NOT LISTED FOR SALE

1927 Chelaque Way E Mooresburg, TN 37811

Estimated Value: $37,000 - $64,000

0.9 Acre
$51,752 Price per Acre
39,204 Sq Ft Lot

Last Sold October 20, 2023

Last sale price $36,000

Est. 29% increase in value since last sale

Current estimated payment $314/month

171 Days on Market

Highlights

  • Boat Ramp
  • Lake View
  • Clubhouse
  • Gated Community
  • Community Lake
  • Corner Lot

About This Lot

As of October 2023

Welcome to Chelaque Estates on Cherokee Lake! This stunning Lakeview .9-acre parcel of land is located in the heart of one of East Tennessee's most picturesque gated lakefront communities. This lot offers a level to gentle roll terrain, providing a perfect canvas for your dream home. Immerse yourself in the beauty of Chelaque Estates, where you'll be surrounded by abundant wildlife and a host of amenities, including a clubhouse, boat ramp, picnic area, and optional boat dock slips for an additional fee. Please note that restrictions in this community allow for site-built homes only, with a minimum of 1400 sq. ft. of living space. Come and experience the epitome of lakeside living in this serene and captivating setting.

Last Agent to Sell the Property

SIOBHAN ELKINS

Elite Realty Group License #315190 Listed on: 04/19/2023

Co-Listed By

Norma Elkins

Elite Realty Group License #311601

Last Buyer's Agent

Non Member

Non Member - Sales

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $116

Lot Details

  • 0.9 Acre Lot
  • Corner Lot
  • Gentle Sloping Lot

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Schools

  • Mooresburg Elementary School
  • Rogersville Middle School
  • Cherokee High School

Utilities

  • Natural Gas Not Available
  • Septic Needed
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 016.00
  • Tax Block 2

Community Details

Overview

  • Chelaque Homeowners Association
  • Chelaque Estate Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • RV or Boat Storage in Community

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$116

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Possible Use: Single Family
  • Fencing: None
  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 0.9
  • Lot Size: 110/305/177/227
  • Subdivision Name: Chelaque Estate
  • Directions: From Morristown 25E toward Bean Station, Right onto Rocky Summit Rd to Right onto Slate Hill Rd, In Approx 5.4 miles turn right on JV Circle, Then right onto Proffitt Ridge Rd. and Continue to top of ridge to Chelaque Estates Gate. GPS friendly.
  • Location Tax and Legal:Tax Annual Amount: 116.46
  • Location Tax and Legal:Tax Year2: 2022
  • Location Tax and Legal:Parcel Number2: 016.00
  • Location Tax and Legal:Tax Block: 2
  • General Property Information:Lot Size Acres: 0.9
  • General Property Information:Lot Size Dimensions: 110/305/177/227
  • General Property Information:Waterfront YN: No
  • Utilities:Electricity Available: Yes
  • Mobile Home Allowed:Mobile Home Allowed: No
  • Location Tax and Legal:Middle or Junior School: Rogersville
  • Location Tax and Legal:Elementary School: Mooresburg Elementary
  • Location Tax and Legal:High School: Cherokee
  • View:Mountain(s): Yes
  • Utilities:Fiber Internet: Yes
  • Utilities:Natural Gas Not Available: Yes
  • View:Lake3: Yes
  • Sewer:Septic Needed: Yes
  • Frontage Type:Road Frontage: 110/227
  • Special Features: VirtualTour

Interior Features

  • Community Features:Boat Ramp: Yes
  • Community Features:Gated2: Yes
  • Community Features:Lake: Yes
  • Community Features:See Remarks: Yes
  • Community Features:Clubhouse2: Yes

Exterior Features

  • Lot Features: Corner Lot, Gentle Sloping
  • Waterfront: No
  • Disclosures: None
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Corner Lot: Yes

Utilities

  • Sewer: Septic Needed
  • Utilities: Electricity Available, Natural Gas Not Available, Fiber Internet

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Gated, Lake, See Remarks
  • Amenities: Boat Dock, Picnic Area, RV/Boat Storage
  • Association Fee: 50.0
  • Association Fee Frequency: Monthly
  • Association Name: Chelaque Homeowners Association
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 50.0
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Name: Chelaque Homeowners Association
  • Association Amenities:Boat Dock: Yes
  • Association Amenities:Picnic Area: Yes
  • Association Amenities:RVBoat Storage: Yes

Schools

  • Elementary School: Mooresburg Elementary
  • High School: Cherokee
  • Middle Or Junior School: Rogersville

Lot Info

  • Lot Size Sq Ft: 39204.0
  • Parcel #: 016.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 116.46
  • Tax Block: 2
  • Tax Map Number: 142O
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2023
Closed on
Oct 20, 2023
Sold by
Fabry Family Irrevocable Trust
Bought by
Rice Rafe Randal and Rice Tina Renee
Seller's Agent
SIOBHAN ELKINS
Elite Realty Group
Buyer's Agent
Non Member
Non Member - Sales
List Price
$45,000
Sold Price
$36,000
Premium/Discount to List
-$9,000
-20%
Views
45
Current Estimated Value
$46,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,577
Avg. Annual Appreciation
3.36%

Purchase Details

Closed on
Jan 21, 2016
Sold by
Fabry John T and Fabry Lorraine A
Bought by
Fabry Family Irr Trust Stacey A Fabry Trustee

Purchase Details

Closed on
Aug 27, 1998
Bought by
Fabry John E and Fabry Lorraine A

Purchase Details

Closed on
Jul 24, 1997
Bought by
Red Creek Ranch Inc
Source: Public Records

Range of Values:

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Average Value
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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
Rice Rafe Randal $36,000 Reliable Title & Escrow
Fabry Family Irr Trust Stacey A Fabry Trustee -- --
Fabry Stacey A -- --
Fabry John E $23,900 --
Red Creek Ranch Inc $1,300,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $36,000 -20.0% --
10/07/2023 10/07/23 Pending -- -- --
04/19/2023 04/19/23 For Sale $45,000 -- --
Source: Lakeway Area Association of REALTORS®

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
2024 $128 $5,025 $5,025 --
2023 $117 $5,025 $0 $0
2022 $116 $5,025 $5,025 $0
2021 $109 $5,025 $5,025 $0
2020 $142 $5,025 $5,025 $0
2019 $142 $5,625 $5,625 $0
2018 $142 $5,625 $5,625 $0
2017 $142 $5,625 $5,625 $0
2016 $142 $5,625 $5,625 $0
2015 $139 $5,625 $5,625 $0
2014 $185 $7,500 $7,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 612033

Lakeway Area Association of REALTORS®

APN: 142O-A-016.00