NOT LISTED FOR SALE

245 Bay Pointe Lot 886r Rd Vonore, TN 37885

Tellico Village Neighborhood

Estimated Value: $2,038,000 - $2,533,000

0.86 Acre
$2,632,042 Price per Acre
37,462 Sq Ft Lot

Last Sold September 26, 2019

Last sale price $400,000

Est. 466% increase in value since last sale

Current estimated payment $12,879/month

56 Days on Market

Highlights

  • Lake Front
  • 0.86 Acre Lot
  • Dock Permitted
  • Golf Course Community
  • Mountain View
  • Cul-De-Sac

About This Lot

As of September 2019

This is the VERY BEST Buy in Rarity Bay right now! Bay Point Lots ate thousands more. This one has dock already in place, looks right up the cove. Sun sets on this side but sets behind the mountain so no HOT evenings! TRULY the Best Lot.

Last Agent to Sell the Property

Kody Millikan

Lakefront Living, On the Lake License #342044 Listed on: 06/29/2019

Co-Listed By

Karen Millikan

Lakefront Living, On the Lake License #278019

Last Buyer's Agent

Tom Gongola

Crye-Leike Realtors South, Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,661

Lot Details

  • 0.86 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $74 Monthly HOA Fees

Property Views

  • Mountain Views

Listing and Financial Details

  • Assessor Parcel Number 078b A 023.00

Community Details

Overview

  • Rarity Bay Subdivision

Recreation

  • Golf Course Community
  • Dock Permitted

Property Details

Property Type

Land

Est. Annual Taxes

$5,661

Lot Details

0

HOA Fees

$74 per month

Listing Details

  • Directions: Hwy 72 to Rarity Bay entrance--follow Rarity Bay Pky all the way thru 2nd gate, Bay Pointe turn right on Amblecrest and then left on Bay Pointe-- 4 lots down from Amblecrest on left side.
  • Prop. Type: Lots & Acreage
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.86
  • Lot Size: 196x107x100x167x260 irr
  • Co List Office Mls Id: 719
  • Co List Office Phone: 423-519-3258
  • Subdivision Name: Rarity Bay
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain View
  • Lot Features: Cul-De-Sac, Current Dock Permit on File, Golf Community, Lakefront, Rolling

Condo/Co-op/Association

  • Association Fee: 883.0
  • Association Fee Frequency: Yearly

Lot Info

  • Lot Size Sq Ft: 37461.6
  • Parcel #: 078b A 023.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2019
Closed on
Sep 26, 2019
Sold by
Wimer Gary Lewis
Bought by
Benefiel Monty and Porter Kari
Seller's Agent
Kody Millikan
Lakefront Living, On the Lake
Buyer's Agent
Tom Gongola
Crye-Leike Realtors South, Inc
Sold Price
$400,000
Current Estimated Value
$2,263,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,863,556
Avg. Annual Appreciation
34.01%

Purchase Details

Closed on
Aug 4, 2010
Sold by
Wimer Gary L
Bought by
Wimer Gary Lewis

Purchase Details

Closed on
Aug 22, 2007
Sold by
Rarity Management Co Llc
Bought by
Wimer Gary L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,886
Interest Rate
6.56%

Purchase Details

Closed on
Feb 27, 2004
Bought by
Matchulat Bonita Sue

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

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
Benefiel Monty $400,000 Reality T&E Svcs Inc
Wimer Gary Lewis -- --
Wimer Gary L $650,000 --
Rarity Management Co Llc -- --
Matchulat Bonita Sue $1,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sue Matchulat Bonita $172,886
Previous Owner Matchulat Bonita Sue $706,633
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2019 09/26/19 Sold $400,000 -- --
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 $5,661 $372,875 $93,750 $279,125
2023 $5,661 $372,875 $0 $0
2022 $4,268 $281,125 $93,750 $187,375
2021 $1,528 $100,625 $93,750 $6,875
2020 $1,811 $100,625 $93,750 $6,875
2019 $1,811 $100,400 $93,750 $6,650
2018 $1,811 $100,400 $93,750 $6,650
2017 $1,811 $100,400 $93,750 $6,650
2016 $1,986 $106,825 $100,000 $6,825
2015 $1,986 $106,825 $100,000 $6,825
2014 $1,986 $106,825 $100,000 $6,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1085836

East Tennessee REALTORS® MLS

APN: 078B-A-023.00