NOT LISTED FOR SALE

278 Ootsima Way Loudon, TN 37774

Tellico Village Neighborhood

Estimated Value: $65,000 - $289,000

1.07 Acres
$165,421 Price per Acre
46,609 Sq Ft Lot

Last Sold August 31, 2023

Last sale price $57,000

Est. 211% increase in value since last sale

Current estimated payment $1,109/month

1 Day on Market

Highlights

  • Golf Course Community
  • 1.07 Acre Lot
  • Clubhouse
  • View of Trees or Woods
  • Community Lake
  • Wooded Lot

About This Lot

As of August 2023

One of a kind beautiful wooded 1+acre in Tellico Village located in Chota neighborhood near tennis and out pool. A gently up sloping lot. It is ready and waiting! Conveniently located close to Chota Recreation & Wellness Center, Tellico Village's Clubhouses, restaurants, marinas, tennis courts, swimming pools and 3 Championship golf courses! Not far away from all the amenities Tellico Village has to offer, very centrally located. This property has great potential! New construction happening around the neighborhood, and it's the last the premium lots! Also with common property to back and to left side of lot. Very close to Lenoir City and not far from Maryville and Knoxville airport.

Last Agent to Sell the Property

Pam Hardy

BHHS Lakeside Realty License #249641 Listed on: 07/23/2023

BHHS Lakeside Realty

Co-Listed By

Travis Hardy

BHHS Lakeside Realty License #308311

Last Buyer's Agent

Jackie Henderson

Tellico Realty, Inc. License #344387

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $38

Lot Details

  • 1.07 Acre Lot
  • Property fronts a county road
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $168 Monthly HOA Fees

Property Views

  • Woods
  • Countryside Views
  • Forest

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 050M C 003.00
  • Tax Block 8

Community Details

Overview

  • Chota Hills Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Putting Green

Property Details

Property Type

Land

Est. Annual Taxes

$38

Lot Details

0

HOA Fees

$168 per month

Listing Details

  • Directions: From Lenoir City take 444 to Tellico Village to left on Chota Rd to Oostima Way.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 1.07
  • Lot Size: F175xR185xL297xB249
  • Co List Office Mls Id: 337
  • Co List Office Phone: 865-458-9600
  • Subdivision Name: Chota Hills
  • Topography:Rolling: Yes
  • Improvements:Utilities on Site: Yes
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Wooded2: Yes
  • Utilities Available:Cable TV2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Gas3: Yes
  • Utilities Available:Telephone5: Yes
  • Utilities Available:Water5: Yes
  • Property Sub-Type:Single Family2: Yes
  • Road Frontage:County4: Yes
  • Lot Description:Irregular Lot: Yes
  • Utilities Available:Sewer6: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting, Wooded
  • Lot Features: Rolling, Wooded, Irregular Lot, Rolling Slope
  • Road Frontage Paved: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Golf Course, Playground, Recreation Facilities, Pool, Tennis Court(s)
  • Association Fee: 167.85
  • Association Fee Frequency: Monthly

Association/Amenities

  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Club House2: Yes
  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:Lake Access2: Yes
  • Community Amenities:PicnicBarbeque Area: Yes
  • Community Amenities:Golf Course2: Yes
  • Community Amenities:Putting Greens: Yes
  • Community Amenities:Rec Facilities: Yes
  • Community Amenities:Tennis Courts: Yes
  • Community Amenities:Playground: Yes

Lot Info

  • Lot Size Sq Ft: 46609.2
  • Parcel #: 050M C 003.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2024
Sold by
Lincourt John C and Lincourt Kathleen A
Bought by
Lincourt Family Revocable Living Trust and Lincourt
Current Estimated Value
$177,000

Purchase Details

Listed on
Jul 23, 2023
Closed on
Aug 23, 2023
Sold by
Burik Donald and Burik Stacie
Bought by
Lincourt John C and Lincourt Kathleen A
Seller's Agent
Pam Hardy
BHHS Lakeside Realty
Buyer's Agent
Jackie Henderson
Tellico Realty, Inc.
List Price
$59,900
Sold Price
$57,000
Premium/Discount to List
-$2,900
-4.84%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.97%
Original Mortgage
$48,450
Interest Rate
6.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2019
Closed on
Dec 6, 2019
Sold by
Prima Properties Llc
Bought by
Burik Donald and Burik Stacie
Seller's Agent
Pam Hardy
BHHS Lakeside Realty
Buyer's Agent
Pam Hardy
BHHS Lakeside Realty
Sold Price
$10,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.26%

Purchase Details

Closed on
Aug 5, 2005
Sold by
Lee Hale Robert
Bought by
Prima Properties Llc

Purchase Details

Closed on
Aug 22, 1987
Bought by
Prima Properties Llc
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
Lincourt Family Revocable Living Trust -- None Listed On Document
Lincourt John C $57,000 Tellico Title Services
Burik Donald $10,000 Paramount Land Ttl Of Knoxvi
Prima Properties Llc $7,500 --
Prima Properties Llc $19,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lincourt John C $48,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $57,000 -4.8% --
07/25/2023 07/25/23 Pending -- -- --
07/23/2023 07/23/23 For Sale $59,900 +499.0% --
12/06/2019 12/06/19 Sold $10,000 -- --
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 $38 $2,500 $2,500 --
2023 $38 $2,500 $0 $0
2022 $38 $2,500 $2,500 $0
2021 $38 $2,500 $2,500 $0
2020 $45 $2,500 $2,500 $0
2019 $45 $2,500 $2,500 $0
2018 $45 $2,500 $2,500 $0
2017 $45 $2,500 $2,500 $0
2016 $46 $2,500 $2,500 $0
2015 $46 $2,500 $2,500 $0
2014 $46 $2,500 $2,500 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Pam Hardy

    BHHS Lakeside Realty

    124 in this area

    151 Total Sales

    Pam Hardy
    Section Image

  • T

    Seller Co-Listing Agent in 2023

    Travis Hardy

    BHHS Lakeside Realty

    (865) 548-1026

    72 in this area

    105 Total Sales

    Travis Hardy
    Section Image
  • Jackie Henderson

    Buyer's Agent in 2023

    Jackie Henderson

    Tellico Realty, Inc.

    (757) 218-3821

    69 in this area

    125 Total Sales

    Jackie Henderson
    Section Image

  • B

    Buyer Co-Listing Agent in 2023

    Becky Hunt

    Tellico Realty, Inc.

    (865) 789-2571

    40 in this area

    71 Total Sales

    Becky Hunt
    Section Image

  • B

    Seller Co-Listing Agent in 2019

    Bill Cooley

    BHHS Lakeside Realty

    (865) 599-9457

    161 in this area

    198 Total Sales

    Bill Cooley
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1234164

East Tennessee REALTORS® MLS

APN: 050M-C-003.00

Tennessee Loudon County Loudon 37774 Tellico Village

278 Ootsima Way, Loudon, TN

This home is located at 278 Ootsima Way, Loudon, TN 37774 since 23 July 2023 and is currently estimated at $177,000. 278 Ootsima 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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