NOT LISTED FOR SALE

Estimated Value: $1,370,000 - $1,677,465

5 Beds
4 Baths
4,150 Sq Ft
$368/Sq Ft Est. Value

Last Sold December 09, 2022

Last sale price $1,445,000 $348 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,219/month

242 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • Deck
  • Golf Course Community
  • Clubhouse
  • Dock Permitted

About This Home

As of December 2022

If you're looking for a stunning lakefront home with a gently-sloped lot and a wide lake view, look no further! As soon as you enter through the gorgeous front door, you'll be enchanted by the lake views in this Rarity Bay home. Those views are front and center from all of this home's main living areas.
As you stroll through the spacious living/dining rooms, you'll notice all the custom built-ins, the amazing Brazilian cherry flooring, and the 9-foot ceilings throughout. Enter the kitchen, where the granite countertops and island are on display, enhanced by the stainless steel appliances, and expansive maple cabinetry.
Moving along into the owner's suite, you'll find both an over-sized bedroom and bath, featuring a spa tub and walk-in shower with glass block decor. And no more fighting over closet space, as this suite includes 2 good-sized closets with built-ins.

This home has 2 bedrooms and 3 baths, plus an office on the main floor, 2 bedrooms and full bath, as well as a great room and multi- purpose/office in the lower level. The main floor features a huge deck, and the lower level offers a large covered patio, with an easy-sloping path to the dock and boat house, which features an electric boat lift.

And if you need storage, you'll be delighted with the plentiful storage in the lower level, and also in the attic, which has access via a normal stairwell--not attic stairs. And for more storage, don't forget about the 3-car garage!
More features abound, including a new gutter system and automatic blinds in the 3-season room.

Rarity Bay offers tremendous amenities, including a horse stable, dog park, golf and social memberships, and recreation center.

Call today to schedule your private showing...this one will not last long!

Last Agent to Sell the Property

Nancy Zambell

Tennessee Mountains Realty Group License #301440 Listed on: 03/08/2022

Last Buyer's Agent

Sandor Pardi

Lakefront Living, On the Lake License #357971

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • 0.37 Acre Lot
  • Lake Front

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Frame Construction
  • Stucco Exterior

Interior Spaces

  • 4,150 Sq Ft Home
  • Wet Bar
  • 2 Fireplaces
  • Gas Fireplace
  • Vinyl Clad Windows
  • Great Room
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Bonus Room
  • Screened Porch
  • Storage Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Recreation or Family Area in Basement

Outdoor Features

  • Access To Lake
  • Dock Permitted
  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 078H A 013.00

Community Details

Overview

  • Association fees include sewer, security, some amenities
  • Rarity Bay Phase 4 Subdivision
  • Property has a Home Owners Association
  • Community Lake

Recreation

  • Golf Course Community
  • Recreation Facilities
  • Community Pool

Additional Features

  • Clubhouse
  • Security Service

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0.37 Acres

Parking

3

Listing Details

  • Directions: From Vonore take 72 East to Rarity Bay, it is a gated community so you must stop at security guard station and be allowed to enter.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2000
  • Lot Size Acres: 0.37
  • Subdivision Name: Rarity Bay Phase 4
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Lake Access: Yes
  • Lot Description:Lakefront: Yes
  • View:Lake: Yes
  • Contract Info:List PriceSqFt2: 385.54
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2210.0
  • General Property Description:SqFt - Down Lvl: 1940.0
  • General Property Description:_pound_ Fireplace: 2.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Gas (Natural): Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Percent Basement Finished: Yes
  • Floors:Tile2: Yes
  • Basement Walkout: Yes
  • Dining Area:Formal Dining Area: Yes
  • Lot Description:Golf Community: Yes
  • Heat:Forced Air: Yes
  • Dining Area:Breakfast Room2: Yes
  • Siding:Stucco2: Yes
  • Misc Features:Wet Bar: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 2
  • Flooring: Carpet, Hardwood, Tile
  • Appliances Dishwasher: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Basement Rec Room: Yes
  • Other Rooms:DenStudy: Yes
  • Other Rooms:Great Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Other Rooms:Breakfast Room: Yes
  • Other Rooms:Split Bedroom: Yes
  • Fireplace:Gas5: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Patio, Porch - Screened, Deck
  • View: Lake
  • Lot Features: Lakefront, Lake Access, Current Dock Permit on File, Golf Community
  • Construction Type: Stucco, Frame
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Screened: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Patio: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Garage Door Opener, Attached, Main Level
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Golf Course, Recreation Facilities, Security, Pool
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Club House2: Yes
  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:Lake Access2: Yes
  • Community Amenities:Golf Course2: Yes
  • Community Amenities:Rec Facilities: Yes
  • Community Amenities:Security2: Yes
  • Association Fee Incl:Some Amenities: Yes
  • Association Fee Incl:Security3: Yes
  • Association Fee Incl:Sewer3: Yes

Fee Information

  • Association Fee Includes: Sewer, Security, Some Amenities

Lot Info

  • Lot Size Sq Ft: 16117.2
  • Parcel #: 078H A 013.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Dec 9, 2022
Sold by
Busse Paul J and Busse Patricia Sue
Bought by
Haikio Peter J and Graf Kristine L
Seller's Agent
Nancy Zambell
Tennessee Mountains Realty Group
Buyer's Agent
Sandor Pardi
Lakefront Living, On the Lake
List Price
$1,500,000
Sold Price
$1,445,000
Premium/Discount to List
-$55,000
-3.67%
Views
19
Current Estimated Value
$1,529,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,116
Avg. Annual Appreciation
1.79%
Original Mortgage
$475,000
Outstanding Balance
$418,132
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$1,110,984

Purchase Details

Listed on
Mar 18, 2020
Closed on
Jun 8, 2020
Sold by
Baumann Fredrick and Baumann Elsa
Bought by
Busse Paul J and Busse Patricia Sue
Seller's Agent
Jim Wells
Lakefront Living, On the Lake
Buyer's Agent
Patti Baesch
Keller Williams
Sold Price
$875,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.22%
Original Mortgage
$700,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2007
Sold by
Ryan William J
Bought by
Fredrick Baumann

Purchase Details

Closed on
Sep 15, 2003
Bought by
Etal Ryan William J Jr

Purchase Details

Closed on
Apr 22, 1998
Sold by
Tellico Lake Properties Lp
Bought by
Betty Zientek
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
Haikio Peter J $1,445,000 Tellico Title Services
Busse Paul J $875,000 Concord Title
Fredrick Baumann $1,100,000 --
Etal Ryan William J Jr $808,000 --
Betty Zientek $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haikio Peter J $475,000
Previous Owner Busse Paul J $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2022 12/09/22 Sold $1,445,000 -9.7% $348 / Sq Ft
11/06/2022 11/06/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $1,600,000 +6.7% $386 / Sq Ft
03/08/2022 03/08/22 For Sale $1,500,000 +71.4% $361 / Sq Ft
06/08/2020 06/08/20 Sold $875,000 -- $198 / Sq Ft View Prior Sale
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 $4,103 $232,050 $81,250 $150,800
2024 $3,523 $232,050 $81,250 $150,800
2023 $3,523 $232,050 $0 $0
2022 $3,324 $218,925 $81,250 $137,675
2021 $3,324 $218,925 $81,250 $137,675
2020 $4,411 $218,925 $81,250 $137,675
2019 $4,411 $244,600 $75,000 $169,600
2018 $4,411 $244,600 $75,000 $169,600
2017 $4,411 $244,600 $75,000 $169,600
2016 $4,241 $228,150 $75,000 $153,150
2015 $4,241 $228,150 $75,000 $153,150
2014 $4,241 $228,150 $75,000 $153,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1183070

East Tennessee REALTORS® MLS

APN: 078H-A-013.00

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