NOT LISTED FOR SALE

Estimated Value: $1,621,000 - $3,079,242

1.14 Acres
$2,144,808 Price per Acre
49,658 Sq Ft Lot

Sale Details

Date Sold: September 27, 2019

Last sale price $350,000

Est. 599% increase in value since last sale

Current estimated payment $14,146 / mo

88 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Gated Community
  • Boat Ramp
  • Fitness Center
  • 1.14 Acre Lot

About This Lot

As of September 2019

Tellico Lake Main Channel Homesite with 1.14 acres located in Rarity Bay on Tellico Lake. DOCKABLE! The best VALUE on Tellico Lake with a gentle slope, perfect for a walk-out basement. Beautiful views of Tellico Lake, glimpses of the Smoky Mountains with scenic views of nature across the lake. Don't miss this homesite as it won't last long!

Last Agent to Sell the Property

Luke Noe

River Rock Real Estate Group License #304073 Listed on: 06/15/2019

Co-Listed By

Susan Smith

River Rock Real Estate Group License #322332

Last Buyer's Agent

Stacy Courtney

Realty Executives Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,209

Lot Details

  • 1.14 Acre Lot
  • Lake Front
  • Property fronts a private road
  • Private Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Zoning described as Zoned Residential

HOA Fees

  • $93 Monthly HOA Fees

Property Views

  • Lake Views

Utilities

  • Gas Available
  • Phone Available

Listing and Financial Details

  • Tax Lot 898r
  • Assessor Parcel Number 078b A 011.00

Community Details

Overview

  • Rarity Bay Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,209

Lot Details

1.14 Acres

HOA Fees

$93 per month

Listing Details

  • Directions: From Knoxville driving I-75 south to exit 72. Turn left onto hwy. 72, drive 13.3 miles and Rarity Bay will be on your left. Continue on Rarity Bay Parkway, right onto Bay Pointe Rd., and look for the home on 190 Bay Bay Pointe Rd. This homesite is to the left of that home if you are standing at the street looking at the water.
  • Prop. Type: Land
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 1.14
  • Lot Size: 1.14 acres
  • 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, Utilities on Site
  • Lot Description:Lot Description: Golf Community, Waterfront, Private, Lake/Water Access
  • Property Sub-Type:Property Sub-Type: Single Family, Lake Front, Waterfront Access
  • Road Frontage:Road Frontage: Paved, Private
  • Topography:Topography: Rolling, Partially Cleared, Cleared
  • Community Amenities:Community Amenities: Rec Facilities, Architect Restricted, Putting Greens, Golf Course, Gated Community, Lake/Water Access, 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, Private, Lake/Water Access, Rolling
  • Topography: Partially Cleared, Cleared

Utilities

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

Condo/Co-op/Association

  • Amenities: Recreation Facilities, Golf Course, Lake/Water Access, Boat Ramp, Clubhouse, Tennis Court(s), Pool
  • Association Fee: 1118.0
  • Association Fee Frequency: Yearly

Lot Info

  • Parcel #: 078b A 011.00
  • Zoning Description: Zoned Residential

Tax Info

  • Tax Annual Amount: 2209.29
  • Tax Lot: 898r

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

Closed on
Mar 6, 2020
Sold by
Bought by
Current Estimated Value
$2,445,081

Purchase Details

Listed on
Jun 15, 2019
Closed on
Sep 27, 2019
Sold by
Bought by
Seller's Agent
Luke Noe
River Rock Real Estate Group
Buyer's Agent
Stacy Courtney
Realty Executives Associates
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.87%

Purchase Details

Closed on
Aug 15, 2013
Sold by
Bought by

Purchase Details

Closed on
May 30, 2007
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,449
Interest Rate
0.0568%
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

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
-- --
$350,000 Title Group Of Tennessee
$420,000 --
-- --
$800,000 --
$2,100,000 --
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 $60,449
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
09/27/2019 09/27/19 Sold $350,000 -- --
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 $8,755 $495,100 $125,000 $370,100
2024 $7,517 $495,100 $125,000 $370,100
2023 $7,517 $495,100 $0 $0
2022 $5,517 $363,350 $125,000 $238,350
2021 $1,898 $125,000 $125,000 $0
2020 $2,209 $125,000 $125,000 $0
2019 $2,209 $122,500 $122,500 $0
2018 $2,209 $122,500 $122,500 $0
2017 $2,209 $122,500 $122,500 $0
2016 $2,323 $125,000 $125,000 $0
2015 $2,323 $125,000 $125,000 $0
2014 $2,323 $125,000 $125,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1084128

East Tennessee REALTORS® MLS

APN: 078B-A-011.00

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