NOT LISTED FOR SALE

240 Bay Pointe Rd Vonore, TN 37885

Tellico Village Neighborhood

Estimated Value: $1,358,000 - $2,028,000

1 Acre
$1,676,254 Price per Acre
43,560 Sq Ft Lot

Sale Details

Date Sold: October 29, 2020

Last sale price $425,000

Est. 294% increase in value since last sale

Current estimated payment $9,372 / mo

1568 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • 1 Acre Lot

About This Lot

As of October 2020

MAIN Channel on Tellico Lake in Rarity Bay. Estate size homesite at approximately 1 acre and near level site that offers you many options in building your dream home. Priced very aggressive! Full Golf Membership Available.

Last Agent to Sell the Property

Luke Noe

Rarity Bay Properties, LLC License #304073 Listed on: 05/21/2016

Last Buyer's Agent

Luke Noe

Rarity Bay Real Estate Company, Inc.

Property Details

Property Type

  • Land

Lot Details

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

HOA Fees

  • $93 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 078b A 015.00

Community Details

Overview

  • Rarity Bay Subdivision

Recreation

  • Golf Course Community
  • Access To Lake

Property Details

Property Type

Land

Lot Details

1 Acres

HOA Fees

$93 per month

Listing Details

  • Directions: From Knoxville driving I-75s to exit 72. Turn Left and proceed 13.3 miles to entrance of Rarity Bay on your left. Continue on Rarity Bay Parkway, proceed through gates of Bay Pointe, turn right onto Bay Pointe Drive, continue to last home on right and 894 homesite is the second site past this home.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 1.0
  • Lot Size: 1 acre
  • Subdivision Name: Rarity Bay
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Condo/Co-op/Association

  • Association Fee: 1118.0
  • Association Fee Frequency: Yearly

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 078b A 015.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2016
Closed on
Oct 21, 2020
Sold by
Kluthe Donald A and Kluthe Denise H
Bought by
Kachelmeyer Michael Kenneth and Kachelmeyer Kathy Lue
Seller's Agent
Luke Noe
Rarity Bay Properties, LLC
Buyer's Agent
Luke Noe
Rarity Bay Real Estate Company, Inc.
Sold Price
$425,000
Current Estimated Value
$1,676,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,251,254
Avg. Annual Appreciation
28.40%

Purchase Details

Closed on
Dec 10, 2004
Sold by
Posey David R
Bought by
Kluthe Donald A

Purchase Details

Closed on
Feb 27, 2004
Sold by
Tellico Lake Properties Ll
Bought by
Posey David R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$706,633
Interest Rate
5.68%
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

Date Buyer Sale Price Title Company
Kachelmeyer Michael Kenneth $425,000 Tellico Title Services Inc
Kluthe Donald A $600,000 --
Posey David R $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Posey David R $706,633
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2020 10/29/20 Sold $425,000 -- --
Source: East Tennessee REALTORS® MLS

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 $5,436 $307,425 $131,250 $176,175
2024 $4,553 $307,425 $131,250 $176,175
2023 $4,553 $307,425 $0 $0
2022 $1,993 $131,250 $131,250 $0
2021 $2,183 $143,750 $143,750 $0
2020 $2,254 $143,750 $143,750 $0
2019 $2,254 $125,000 $125,000 $0
2018 $2,254 $125,000 $125,000 $0
2017 $2,254 $125,000 $125,000 $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

  • Luke Noe

    Seller's Agent in 2020

    Luke Noe

    Rarity Bay Properties, LLC

    (865) 389-3070

    61 in this area

    145 Total Sales

    Luke Noe
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 965775

East Tennessee REALTORS® MLS

APN: 078B-A-015.00

Tennessee Loudon County Vonore 37774 Tellico Village

240 Bay Pointe Rd, Vonore, TN

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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