NOT LISTED FOR SALE

Estimated Value: $597,000 - $1,448,000

0.8 Acre
$1,226,961 Price per Acre
34,848 Sq Ft Lot

Last Sold December 30, 2020

Last sale price $345,000

Est. 185% increase in value since last sale

Current estimated payment $5,536/month

200 Days on Market

Highlights

  • Lake Front
  • 0.8 Acre Lot
  • Lot Has A Rolling Slope
  • Golf Course Community

About This Lot

As of December 2020

Beautiful lakefront homesite located in the neighborhood of Bay Pointe within magnificent Rarity Bay. Enjoy extra privacy with just under an acre (0.8) with lots of shoreline on Tellico Lake. Enjoy wonderful sunsets with beautiful long range views down the lake. The Bay Pointe area is surrounded by wooded recreational areas. One of the very few homesites located on Tellico Lake under 400k. Don't miss this one!

Last Agent to Sell the Property

Luke Noe

Rarity Bay Properties, LLC License #304073 Listed on: 03/19/2020

Last Buyer's Agent

Luke Noe

Rarity Bay Real Estate Company, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,329

Lot Details

  • 0.8 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $76 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 078b A 025.00

Community Details

Overview

  • Rarity Bay Subdivision

Recreation

  • Golf Course Community
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$1,329

Lot Details

0

HOA Fees

$76 per month

Listing Details

  • Directions: From Knoxville driving I-75s to exit 72. Turn left onto hwy. 72 and drive 13.3 miles to entrance of Rarity Bay. Continue on Rarity Bay Parkway till you pass through the Bay Pointe Gates, then Right only Bay Pointe Rd. Homesite is on your left. 229 Bay Pointe Home is on your right if facing the water.
  • Prop. Type: Lots & Acreage
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.8
  • Lot Size: irr
  • Subdivision Name: Rarity Bay
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Golf Community, Lake Access, Lakefront, Rolling, Waterfront Access
  • Topography: {"Level":true,"Cleared":true}

Condo/Co-op/Association

  • Association Fee: 916.0
  • Association Fee Frequency: Yearly

Lot Info

  • Lot Size Sq Ft: 34848.0
  • Parcel #: 078b A 025.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2023
Sold by
Eu Bank Tamara L
Bought by
Shawn W Mccarter Trust and Mccarter
Current Estimated Value
$981,569

Purchase Details

Listed on
Mar 19, 2020
Closed on
Dec 21, 2020
Sold by
Hudoba Marilyn and Hudoba Russell E
Bought by
Eubanks Matthew L and Eubanks Tamara L
Seller's Agent
Luke Noe
Rarity Bay Properties, LLC
Buyer's Agent
Luke Noe
Rarity Bay Real Estate Company, Inc.
Sold Price
$345,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.15%
Original Mortgage
$293,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2005
Sold by
Sue Matchulat Bonita
Bought by
Hudoba Marilyn Trustee

Purchase Details

Closed on
Feb 27, 2004
Sold by
Tellico Lake Properties Lp
Bought by
Sue Matchulat Bonita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,165
Interest Rate
5.68%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shawn W Mccarter Trust $930,000 Tellico Title Services
Eubanks Matthew L $345,000 Tellico Title Services Inc
Hudoba Marilyn Trustee $575,000 --
Sue Matchulat Bonita $303,262 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eubanks Matthew L $293,250
Previous Owner Sue Matchulat Bonita $302,165
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2020 12/30/20 Sold $345,000 -- --
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 $1,329 $87,500 $87,500 --
2023 $1,329 $87,500 $0 $0
2022 $1,329 $87,500 $87,500 $0
2021 $1,329 $87,500 $87,500 $0
2020 $1,804 $87,500 $87,500 $0
2019 $1,804 $100,000 $100,000 $0
2018 $1,804 $100,000 $100,000 $0
2017 $1,804 $100,000 $100,000 $0
2016 $1,859 $100,000 $100,000 $0
2015 $1,859 $100,000 $100,000 $0
2014 $1,859 $100,000 $100,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1111641

East Tennessee REALTORS® MLS

APN: 078B-A-025.00