NOT LISTED FOR SALE

260 Echo Valley Rd Lake City, TN 37769

Estimated Value: $748,000 - $1,009,000

3 Beds
6 Baths
5,225 Sq Ft
$173/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $650,000 $124 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,226/month

19 Days on Market

Highlights

  • 9.2 Acre Lot
  • Deck
  • Wooded Lot
  • Countryside Views
  • Private Lot
  • Traditional Architecture

About This Home

As of June 2021

Set on a sprawling 9 acre lot, down a winding road and surrounded by tons of trees and privacy, sits this beautiful custom built 3 bed, 4.5 bath home, ready for you to simply move in and start enjoying life. Words cannot describe the beauty of the scenic views and bountiful color you will savor all year long. Sit back and soak in the serenity from one of two decks or lower level patio, which makes for an entertainer's tour de force as much as it is a wonderful place for reflection while sipping your morning coffee. Like a scene straight out of a storybook, this estate captures a stunning bucolic impression with its grand facade and picturesque covered front porch. Inside, you'll be captivated by the majesty of cathedral ceilings and open concept layout wrapped in the warmth of rich wooden textures including 3/4 white oak hardwood floors. This well thought out floor plan features versatile living options with space for every endeavor. The formal entry flows right into an inviting living room nestled around the centerpiece that is the floor-to-ceiling stacked stone natural gas fireplace. Adjoining this space is the gorgeous chef's kitchen professionally appointed with premium grade appliances including an extra large stove with 48" dual oven with 6 natural gas cooking elements as well as an extra large commercial refrigerator and extra large freezer. A massive prep island with stone countertops anchors the room, offering boundless counter space for all of your culinary adventures. Around the corner, a walk-in pantry and butler's pantry create a streamlined approach to storage and wrap up the kitchen's well thought out design. Working from home is effortless in the home office served by an L-shaped desk that grants a private place for anything from paying bills to remote learning. To the opposite side of the kitchen, a sun room with custom ceilings and red oak hardwood trim offers the flexibility to be easily converted into a fourth bedroom should you desire the added space. Passing through the living room with its ample natural light, you will approach the master bedroom which presents itself in grand form with attached sitting room, His & Hers walk-in closets and spa-inspired ensuite bath complete with all Kohler brand fittings and fixtures, rainfall shower with multiple heads, soaker tub and separate vanities with stone counters. A bedroom with private ensuite bath is also on this main level, situated just off of the entry. Heading downstairs to the finished walk-out basement, you will find a spacious open plan living area with built-in cabinetry, a lovely kitchen with stone counters and electric cooktop as well as two oversized ensuite bedrooms. A laundry with in-room half bath on the basement level and a second full laundry room on the upper floor lends ultimate efficiency to the home. A basement storage room and workshop area add to this seamless functionality and checks off every box. Additional features include a whole-house central vacuum system, solid wood interior doors, double insulation between floors, whole house security system, two 2oo amp breaker boxes, low voltage programmable lighting system, 50 gallon natural gas water heater, hot water circulation system, underground electrical supply to house, lower-level natural gas hook up on patio and so much more! Outside, the sheer beauty of the land is unmatched and will spoil you to everything else. Do not let this jewel of a home slip you by. Schedule your private tour today!
Square footage is approximate and not guaranteed. Buyer to verify all square footage.

Last Agent to Sell the Property

Ryan Coleman

Hometown Realty, LLC License #322312 Listed on: 04/03/2021

Last Buyer's Agent

Amy Fowler

Realty Executives Associates License #343473

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,682

Year Built

  • Built in 2010

Lot Details

  • 9.2 Acre Lot
  • Private Lot
  • Wooded Lot

Property Views

  • Countryside Views
  • Forest
  • Seasonal

Home Design

  • Traditional Architecture
  • Wood Siding
  • Stone Siding
  • Rough-In Plumbing

Interior Spaces

  • 5,225 Sq Ft Home
  • Central Vacuum
  • 1 Fireplace
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Side or Rear Entrance to Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 009 047.02 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,682

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Directions: Take I-75 North towards Lexington. Take Exit 128 for US-441 toward Rocky Top. Turn left onto US-441S/Norris Fwy. Turn right onto Echo Valley Road. Property on right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2010
  • Lot Size Acres: 9.2
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Gas Stove, Smoke Detector, Self Cleaning Oven, Refrigerator, Washer
  • Has Basement: Finished, Plumbed, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Patio, Porch - Covered, Deck
  • View: Country Setting, Wooded, Seasonal Mountain
  • Lot Features: Private, Wooded
  • Construction Type: Stone, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Side/Rear Entry, Main Level, Off-Street Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 400752.0
  • Parcel #: 009 047.02 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2021
Closed on
May 27, 2021
Sold by
Schollian James and Schollian Gwendolyn
Bought by
Khudyak David and Khudyak Rachel
Seller's Agent
Ryan Coleman
Hometown Realty, LLC
Buyer's Agent
Amy Fowler
Realty Executives Associates
Sold Price
$650,000
Current Estimated Value
$902,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,815
Avg. Annual Appreciation
8.08%

Purchase Details

Closed on
Jun 24, 2005
Sold by
Hml Financial Llc
Bought by
Schollian James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,608
Interest Rate
5.66%

Purchase Details

Closed on
Nov 9, 2004
Sold by
Castle James E
Bought by
Hml Financial Llc

Purchase Details

Closed on
Jul 27, 1994
Bought by
Castle James E

Purchase Details

Closed on
Jul 22, 1994
Source: Public Records

Range of Values:

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Average Value
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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
Khudyak David $650,000 Admiral Title Inc
Schollian James $29,900 --
Hml Financial Llc $36,000 --
Castle James E $28,900 --
-- $28,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schollian James W $219,500
Previous Owner Schollian James W $249,600
Previous Owner -- $26,608
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $650,000 -- $124 / 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
2024 $3,682 $140,075 $15,450 $124,625
2023 $3,682 $140,075 $0 $0
2022 $3,682 $140,075 $15,450 $124,625
2021 $2,480 $140,075 $15,450 $124,625
2020 $2,318 $94,325 $12,025 $82,300
2019 $2,401 $83,075 $12,025 $71,050
2018 $2,318 $83,075 $12,025 $71,050
2017 $2,318 $83,075 $12,025 $71,050
2016 $2,318 $83,075 $12,025 $71,050
2015 -- $83,075 $12,025 $71,050
2014 -- $83,075 $12,025 $71,050
2013 -- $84,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1147996

East Tennessee REALTORS® MLS

APN: 009-047.02