NOT LISTED FOR SALE

Estimated Value: $3,443,000 - $4,362,000

5 Beds
7 Baths
9,521 Sq Ft
$399/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $1,725,000 $181 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $21,384/month

391 Days on Market

Highlights

  • Lake Front
  • 0.88 Acre Lot
  • Deck
  • Golf Course Community
  • Clubhouse
  • Traditional Architecture

About This Home

As of October 2018

Savor all the Seasons of your life in this handsome Classic, Comfortable, Cozy home waterfront on Tellico Lake with the Smoky Mountains in the background offering Glorious Views to behold sun-up to sundown four seasons of each year! This 8 yr old all brick is situated in the exclusive gated Bay Pointe area of the gated Rarity Bay Country Club. Live on the main level and travel via Elevator up or down when necessary. The Kitchen/Sunroom/ Family DR, Greatroom and MBR suite all enjoy panoramic views. The upstairs features a Guest room, Office/sitting with Views, Bonus and Storage. Separate living quarters on the lower level are possible with 3 ensuite BR's,kitchenette/bar,family, media,excercise,billiard,storage rms.Boat dock/automated boat cover,covered patio & upper terrace.Please come see! Rarity Bay is just 30 mins to airport and major shopping. It enjoys a championship golf course, full service club, dog park, trails for horseback or walking, docks. TN has no income tax!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,594

Year Built

  • Built in 2009

Lot Details

  • 0.88 Acre Lot
  • Lake Front
  • Level Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Separate Formal Living Room
  • Tile Flooring
  • Property Views
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio
  • Outdoor Gas Grill

Schools

  • Steekee Elementary School
  • Loudon High School

Utilities

  • Cooling Available
  • Zoned Heating System
  • Heating System Uses Natural Gas
  • Geothermal Heating and Cooling
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 896r
  • Assessor Parcel Number 078B A 01300 000

Community Details

Overview

  • No Home Owners Association
  • Rarity Bay/Bay Pointe Subdivision

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,594

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2009
  • Unit Levels: Three Or More
  • Building Stories: 3
  • Year Built Details: EXIST
  • Attribution Contact: 8652505522
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor, High Speed Internet
  • Appliances: Gas Range, Dishwasher, Disposal, Microwave, Range, Refrigerator, Oven
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Wood, Tile
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 5953
  • Below Grade Sq Ft: 3568
  • Building Area Units: Square Feet
  • Living Area: 9521
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Gas Grill
  • Construction Type: Frame, Other, Brick
  • Patio And Porch Features: Patio, Deck
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Attached
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Geothermal, Natural Gas, Zoned
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Security Gate, Security System, Smoke Detector(s)
  • Utilities: Electricity Available, Cable Connected

Condo/Co-op/Association

  • Amenities: Clubhouse, Golf Course, Pool, Tennis Court(s), Gated
  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Other, Cul-De-Sac, Level
  • Lot Size Acres: 0.88
  • Lot Size Units: Acres
  • Parcel #: 078B A 01300 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 8594
  • Tax Lot: 896r

MLS Schools

  • Elementary School: Steekee Elementary
  • High School: Loudon High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2025
Sold by
Bellah Family Trust and Bellah William J
Bought by
Reisz Anthony and Colaizzi Valerie
Current Estimated Value
$3,799,206

Purchase Details

Listed on
Jun 30, 2017
Closed on
Sep 21, 2018
Sold by
Joy Robert J and Robert J Joy Revocable Living
Bought by
White Charles Brett and Charles Brett White Revocable
List Price
$2,100,000
Sold Price
$1,725,000
Premium/Discount to List
-$375,000
-17.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%

Purchase Details

Closed on
Nov 15, 2010
Sold by
Joy Robert J
Bought by
Joy Robert J Trsutee

Purchase Details

Closed on
Oct 1, 2007
Sold by
Rarity Management Co Llc
Bought by
Joy Robert J
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
Reisz Anthony $3,600,000 Blue Ridge Title Company
Reisz Anthony $3,600,000 Blue Ridge Title Company
White Charles Brett $1,725,000 Realty Title & Escrow Svcs I
Joy Robert J Trsutee -- --
Joy Robert J $722,500 --
Rarity Management Co Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcarthur Fred P $1,807,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2018 10/05/18 Sold $1,725,000 -17.9% $181 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
06/30/2017 06/30/17 For Sale $2,100,000 -- $221 / Sq Ft
Source: Realtracs

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 $8,672 $571,175 $112,500 $458,675
2023 $8,672 $571,175 $0 $0
2022 $6,966 $458,775 $112,500 $346,275
2021 $6,966 $458,775 $112,500 $346,275
2020 $8,529 $458,775 $112,500 $346,275
2019 $8,529 $472,925 $125,000 $347,925
2018 $8,529 $472,925 $125,000 $347,925
2017 $8,529 $472,925 $125,000 $347,925
2016 $8,594 $462,375 $125,000 $337,375
2015 $8,594 $462,375 $125,000 $337,375
2014 $8,594 $462,375 $125,000 $337,375
Source: Public Records

Map

Source: Realtracs

MLS Number: 2935688

Realtracs

APN: 078B-A-013.00