NOT LISTED FOR SALE

231 Tecumseh Way Loudon, TN 37774

Tellico Village Neighborhood

Estimated Value: $1,019,000 - $2,382,338

0.62 Acre
$2,571,911 Price per Acre
27,007 Sq Ft Lot

Last Sold December 18, 2020

Last sale price $490,000

Est. 225% increase in value since last sale

Current estimated payment $8,727/month

Highlights

  • Lake Front
  • 0.62 Acre Lot
  • Wooded Lot

About This Lot

As of December 2020

This is a PRIME LAKEFRONT LOT with a beautiful view of the main channel on Tellico Lake. The location, neighborhood and view make this a perfect place for your lakefront home. This dockable, .62 acre lot with 222 feet of waterfront make it one of the best lakefront lots in the Village. The Seller has a architectural designed house plan that is available to the Buyer if they would be interested.
Come and join in on everything Tellico Village has to offer!
Buyer to verify all of the measurements.

Last Agent to Sell the Property

Roy Espenscheid

BHHS Lakeside Realty License #302292 Listed on: 07/22/2019

BHHS Lakeside Realty

Last Buyer's Agent

Carol Moore

ReMax Preferred Properties, In License #354218

ReMax Preferred Properties, In

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,898

Lot Details

  • 0.62 Acre Lot
  • Lake Front
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $140 Monthly HOA Fees

Community Details

  • Tanasi Coves Subdivision

Listing and Financial Details

  • Assessor Parcel Number 051a A 011.00
  • Tax Block 16

Property Details

Property Type

Land

Est. Annual Taxes

$1,898

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Directions: Tellico Parkway to Tanasi Drive. Tanasi Drive to Tecumseh Way. Stay on Tecumseh Way until you get to the Cul de sac. Lot is on the left, SOP.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.62
  • Lot Size: F=66', RS=235', B=222',LS=186
  • Subdivision Name: Tanasi Coves
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Lakefront, Wooded
  • Topography: {"Steep":true}

Condo/Co-op/Association

  • Association Fee: 139.54
  • Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 27007.2
  • Parcel #: 051a A 011.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2022
Sold by
William Oleary Daniel and Leigh Laura
Bought by
Oleary Family Revocable Trust
Current Estimated Value
$1,594,585

Purchase Details

Listed on
Jul 22, 2019
Closed on
Dec 10, 2020
Sold by
Schumann Donald Mark and Schumann Leann Holland
Bought by
Oleary Daniel William and Oleary Laura Leigh
Seller's Agent
Roy Espenscheid
BHHS Lakeside Realty
Buyer's Agent
Carol Moore
ReMax Preferred Properties, In
Sold Price
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.54%
Original Mortgage
$441,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 14, 2016
Sold by
Glesser Gary L Glesser D
Bought by
Schumann Donald Mark and Schumann Leann Holland

Purchase Details

Closed on
Dec 12, 2012
Sold by
Glesser Gary L
Bought by
Glesser Gary L and Glesser Gary L Living Trust

Purchase Details

Closed on
May 20, 2005
Sold by
Delay Robert R
Bought by
Glesser Gary L

Purchase Details

Closed on
Aug 2, 1996
Sold by
Delay Robert R
Bought by
Mark Ostheimer

Purchase Details

Closed on
Nov 12, 1993
Bought by
Delay Robert R and Delay Susan N
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
Oleary Family Revocable Trust -- --
Oleary Family Revocable Trust -- None Listed On Document
Oleary Daniel William $490,000 Tellico Title Services Inc
Schumann Donald Mark $435,000 --
Glesser Gary L -- --
Glesser Gary L $405,000 --
Mark Ostheimer $70,000 --
Delay Robert R $130,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oleary Daniel William $441,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2020 12/18/20 Sold $490,000 -- --
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 $1,898 $336,825 $125,000 $211,825
2023 $1,898 $336,825 $0 $0
2022 $1,898 $125,000 $125,000 $0
2021 $1,898 $125,000 $125,000 $0
2020 $1,961 $125,000 $125,000 $0
2019 $1,961 $108,750 $108,750 $0
2018 $1,961 $108,750 $108,750 $0
2017 $1,961 $108,750 $108,750 $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

  • Roy Espenscheid

    Seller's Agent in 2020

    Roy Espenscheid

    BHHS Lakeside Realty

    (865) 406-2004

    62 in this area

    73 Total Sales

    Roy Espenscheid
    Section Image

  • C

    Buyer's Agent in 2020

    Carol Moore

    RE/MAX

    (925) 286-2304

    34 in this area

    46 Total Sales

    Carol Moore
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1088324

East Tennessee REALTORS® MLS

APN: 051A-A-011.00

Tennessee Loudon County Loudon 37774 Tellico Village

231 Tecumseh Way, Loudon, TN

This home is located at 231 Tecumseh Way, Loudon, TN 37774 since 22 July 2019 and is currently estimated at $1,594,585. 231 Tecumseh Way is a home located in Loudon County with nearby schools including Loudon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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