NOT LISTED FOR SALE

Estimated Value: $1,716,046 - $1,843,000

6 Beds
5 Baths
4,400 Sq Ft
$406/Sq Ft Est. Value

Last Sold October 19, 2022

Last sale price $1,541,165 $350 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,986/month

5 Days on Market

Highlights

  • Lake Front
  • Landscaped Professionally
  • Deck
  • Golf Course Community
  • Mountain View
  • Dock Permitted

About This Home

As of October 2022

Check out the video (2nd photo) of the Fantastic View and stay for the Wonderful House. A jaw dropping view through the large lakeside windows of this 6 bedroom, 5 bath home with an Open Kitchen on the main level and a Full kitchen with All New appliances on the Lake Level. An Owners Suite with His and Hers large Walk in Closets plus a Guest Suite/Office with Bath on the Main Level. A Large Deck Both Covered and Open on the Main Level plus the Same on the Lake Level for enjoying the tremendous Views. There is a complete Laundry Room on both Levels. Walk to your boat and jet ski that are in the Boat House on DEEP WATER on the Main Channel of Tellico Lake. Near the center of Tellico Village convenient to all the Resident Owned Amenities. 2 hour notice to see. Buyer to verify sq ft and tax

Last Agent to Sell the Property

James Davis

ReMax Excels License #280647 Listed on: 09/01/2022

ReMax Excels

Last Buyer's Agent

Dwayne Archer

BHHS Lakeside Realty License #307049

BHHS Lakeside Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,198

Year Built

  • Built in 2002

Lot Details

  • 0.35 Acre Lot
  • Lake Front
  • Landscaped Professionally

HOA Fees

  • $154 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 4,400 Sq Ft Home
  • Central Vacuum
  • 1 Fireplace
  • Insulated Windows
  • Great Room
  • Recreation Room
  • Utility Room
  • Mountain Views
  • Intercom
  • Finished Basement

Kitchen

  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • Attached Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • Dock Permitted
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 051 I A 004.00
  • Tax Block 1

Community Details

Overview

  • Association fees include some amenities
  • Chota Point Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,198

Year Built

Built in 2002

Lot Details

0

HOA Fees

$154 per month

Listing Details

  • Directions: Tellico Parkway (Hwy 444) to Sequoyah Road. SOP
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2002
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.35
  • Lot Size: 106F X 144L X 124B X 144R
  • Subdivision Name: Chota Point
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Gas Stove, Tankless Wtr Htr, Intercom
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Insulated, Porch - Covered, Prof Landscaped, Deck
  • View: Mountain View
  • Lot Features: Lakefront, Current Dock Permit on File, Golf Community
  • Construction Type: Stucco, Stone

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, Side/Rear Entry, Main Level

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Geo Heat (Closed Lp)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 153.85
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Some Amenities

Lot Info

  • Lot Size Sq Ft: 15246.0
  • Parcel #: 051 I A 004.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Oct 19, 2022
Sold by
Dramm Family Trust
Bought by
May Jeffrey B and May Sandra K
Seller's Agent
James Davis
ReMax Excels
Buyer's Agent
Dwayne Archer
BHHS Lakeside Realty
List Price
$1,595,000
Sold Price
$1,541,165
Premium/Discount to List
-$53,835
-3.38%
Current Estimated Value
$1,788,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,347
Avg. Annual Appreciation
5.12%

Purchase Details

Closed on
Aug 24, 2020
Sold by
Denney Larry Thomas and Denney Geraldine Ann
Bought by
The Dramm Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$812,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2007
Sold by
Denney Larry T
Bought by
Denney Larry T

Purchase Details

Closed on
Nov 15, 2000
Bought by
Denny Larry T and Denny Geraldine B
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
May Jeffrey B $1,541,165 Tellico Title Services
The Dramm Family Trust $1,160,000 Southeast T&E Llc
Denney Larry T -- --
Denny Larry T $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Dramm Family Trust $812,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2022 10/19/22 Sold $1,541,165 -3.4% $350 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
09/01/2022 09/01/22 For Sale $1,595,000 -- $363 / Sq Ft
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 $4,198 $276,475 $103,750 $172,725
2023 $4,198 $276,475 $0 $0
2022 $3,985 $262,475 $103,750 $158,725
2021 $3,924 $262,475 $103,750 $158,725
2020 $3,816 $258,475 $103,750 $154,725
2019 $3,816 $211,575 $97,500 $114,075
2018 $3,816 $211,575 $97,500 $114,075
2017 $3,816 $211,575 $97,500 $114,075
2016 $3,800 $204,425 $97,500 $106,925
2015 $3,800 $204,425 $97,500 $106,925
2014 $3,800 $204,425 $97,500 $106,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1204617

East Tennessee REALTORS® MLS

APN: 051I-A-004.00