NOT LISTED FOR SALE

Estimated Value: $1,168,000 - $1,596,000

0.21 Acre
$6,682,852 Price per Acre
9,148 Sq Ft Lot

Last Sold November 18, 2020

Last sale price $62,000

Est. 2,164% increase in value since last sale

Current estimated payment $7,513/month

129 Days on Market

Highlights

  • Boat Ramp
  • Fitness Center
  • Lake View
  • Golf Course Community
  • Gated Community
  • Community Lake

About This Lot

As of November 2020

Welcome to your new Lake and Golfing Lifestyle in the Magnificent Gated Community of Rarity Bay. This Lake and Mountain View lot offers the perfect setting for a walk-out basement and relaxing evenings looking at the lake. Relax in the mornings with your coffee and view the spectacular sunrises over the mountains onto the lake. Drive your golf cart over to the Clubhouse for lunch or dinner. After playing a round of golf, relax on the patio of the clubhouse with your favorite beverage or in the grill watching sports. Rarity Bay has marinas, activities including Pickle Ball, Tennis and much more! Take the grandkids over to the equestrian center for horseback riding or relax in the outdoor pool. Rarity Bay has so much to offer! Mandatory Social Membership is required.

Last Agent to Sell the Property

Karen Packett

Lake Homes Realty License #244428 Listed on: 05/28/2020

Last Buyer's Agent

Christina Purcell

ReMax Preferred Properties, In License #352389

ReMax Preferred Properties, In

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $228

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 75 x 125
  • Property fronts a private road
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as None, Zoned Residential

HOA Fees

  • $76 Monthly HOA Fees

Property Views

  • Lake
  • Mountain
  • Seasonal

Utilities

  • Gas Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 078g B 035.00

Community Details

Overview

  • Rarity Bay Phase Xi Subdivision
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Putting Green

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$228

Lot Details

0

HOA Fees

$76 per month

Listing Details

  • Directions: From I-75 take Exit 72 and head towards Loudon on TN-72 E. Continue on TN72 E until you come to Rarity Bay on your left. Turn left into Rarity Bay. Follow Rarity Bay Parkway and turn left onto Nighthawk Dr, Turn right at the 1st cross street onto Whippoorwill Dr. Lot is on the right.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.21
  • Lot Size: 75 x 125
  • Subdivision Name: Rarity Bay Phase Xi
  • Topography:Rolling: Yes
  • Improvements:Utilities on Site: Yes
  • Lot Description:Rolling Slope: Yes
  • View:Mountain View: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Gas3: Yes
  • Utilities Available:Telephone5: Yes
  • Utilities Available:Water5: Yes
  • General Property Description:Lot Size SqFt: 9148.0
  • Property Sub-Type:Single Family2: Yes
  • Utilities Available:Sewer6: Yes
  • Road Frontage:Private3: Yes
  • View:Lake: Yes
  • Topography:Cleared: Yes
  • View:Seasonal Lake View: Yes
  • Lot Description:Golf Community: Yes
  • View:Seasonal Mountain: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain View, Seasonal Lake View, Seasonal Mountain, Lake
  • Lot Features: Golf Community, Rolling, Rolling Slope
  • Topography: {"Cleared":true}
  • Road Frontage Paved: Yes

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Amenities: Clubhouse, Golf Course, Recreation Facilities, Pool, Tennis Court(s)
  • Association Fee: 916.0
  • Association Fee Frequency: Yearly

Association/Amenities

  • Community Amenities:Gated Community: Yes
  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Club House2: Yes
  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:Boat Ramp: Yes
  • Community Amenities:Dock2: Yes
  • Community Amenities:Lake Access2: Yes
  • Community Amenities:PicnicBarbeque Area: Yes
  • Community Amenities:Exercise Room: Yes
  • Community Amenities:Golf Course2: Yes
  • Community Amenities:Putting Greens: Yes
  • Community Amenities:Rec Facilities: Yes
  • Community Amenities:Tennis Courts: Yes
  • Community Amenities:Other45: Yes

Lot Info

  • Lot Size Sq Ft: 9148.0
  • Parcel #: 078g B 035.00
  • Zoning Description: None, Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2020
Closed on
Nov 19, 2020
Sold by
Kessler Scott R and Kessler Leslie
Bought by
Swanson Robert T and Swanson Heather S
Seller's Agent
Karen Packett
Lake Homes Realty
Buyer's Agent
Christina Purcell
ReMax Preferred Properties, In
Sold Price
$62,000
Current Estimated Value
$1,403,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,341,399
Avg. Annual Appreciation
89.01%
Original Mortgage
$46,500
Outstanding Balance
$41,378
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,362,021

Purchase Details

Closed on
Aug 25, 2006
Sold by
Nicholson Bert C
Bought by
Kessler Scott R

Purchase Details

Closed on
Dec 20, 2001
Sold by
Rb Xi Llc
Bought by
Bert Nicholson

Purchase Details

Closed on
Jun 19, 2000
Bought by
R B Xi Company 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
Swanson Robert T $62,000 None Available
Kessler Scott R $163,000 --
Bert Nicholson $136,000 --
R B Xi Company Llc $1,201,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swanson Robert T $46,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2020 11/18/20 Sold $62,000 -- --
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 $228 $200,350 $15,000 $185,350
2023 $228 $15,000 $0 $0
2022 $228 $15,000 $15,000 $0
2021 $228 $15,000 $15,000 $0
2020 $338 $15,000 $15,000 $0
2019 $338 $18,750 $18,750 $0
2018 $338 $18,750 $18,750 $0
2017 $338 $18,750 $18,750 $0
2016 $418 $22,500 $22,500 $0
2015 $418 $22,500 $22,500 $0
2014 $418 $22,500 $22,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1118280

East Tennessee REALTORS® MLS

APN: 078G-B-035.00