NOT LISTED FOR SALE

304 Morganton Cove Greenback, TN 37742

Estimated Value: $1,176,000 - $2,254,864

0.94 Acre
$1,728,320 Price per Acre
40,946 Sq Ft Lot

Last Sold May 02, 2018

Last sale price $199,900

Est. 713% increase in value since last sale

Current estimated payment $9,252/month

Highlights

  • Lake Front
  • Private Lot
  • Lot Has A Rolling Slope
  • Countryside Views

About This Lot

As of May 2018

Morganton Landing is Tellico Lake's newest gated waterfront community featuring 17 dockable lake front lots and 19 lake access lots. This small private community is nestled in the foothills of the Great Smoky Mountains, surrounded by thousands of unspoiled public acres, yet only 15 minutes from Maryville, Lenoir City and Madisonville. Knoxville's Tyson McGee airport is a short 30 minute drive away. There is no better way to see and enjoy the lake than from the adjacent East Lakeshore National Hiking Trail. The trail skirts the eastern shoreline of Tellico Lake featuring over 30 miles of scenic beauty. Morganton Landing is a lower cost alternative to the large master planned communities yet offers a gated private entrance, spacious lots, sidewalks, streetlights, common use lake access and underground utilities including natural gas and sewer. Morganton Landing is located in the small community of Greenback Tennessee, just minutes from several award winning golf courses, hospitals, restaurants, sporting events, shopping, arts and millions of acres of unspoiled national and state parks. We invite you to come see for yourself what Morganton Landing, East Tennessee and Tellico Lake has to offer.
For more information visit us at www.morgantonlanding.com
Owner is a licensed Realtor in TN

Last Agent to Sell the Property

Bryan Petett

Wallace Commercial License #309436 Listed on: 04/02/2018

Wallace Commercial

Last Buyer's Agent

Bryan Petett

Wallace Commercial License #309436 Listed on: 04/02/2018

Wallace Commercial

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,728

Lot Details

  • 0.94 Acre Lot
  • Lot Dimensions are 150x342
  • Lake Front
  • Private Lot
  • Lot Has A Rolling Slope
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $35 Monthly HOA Fees

Property Views

  • Countryside Views

Listing and Financial Details

  • Assessor Parcel Number 078l A 017.00

Community Details

Overview

  • Morganton Landing Subdivision

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$6,728

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Directions: From Maryville: Hwy 411 to right on East Coast Tellico Pky 2 mi turn rt on Morganton Rd Property 500 ft on right. From Lenoir City:Hwy 321 to right on hwy 95 go 3.5 mi. turn right on National Campground Rd. 1.5 mi. turn left on East Coast Tellico Pky 4 mi turn left on Morganton Rd Property 500 ft on right.
  • Prop. Type: Lots & Acreage
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.94
  • Lot Size: 150x342
  • Subdivision Name: Morganton Landing
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting
  • Lot Features: Lake Access, Lakefront, Private, Rolling, Waterfront Access
  • Topography: {"Level":true}

Condo/Co-op/Association

  • Association Fee: 35.0
  • Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 41035.0
  • Parcel #: 078l A 017.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
May 2, 2018
Sold by
Bakers Creek Partnership
Bought by
Wolford Christopher W and Wolford Lisa K
Seller's Agent
Bryan Petett
Wallace Commercial
Buyer's Agent
Bryan Petett
Wallace Commercial
Sold Price
$199,900
Current Estimated Value
$1,624,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,424,721
Avg. Annual Appreciation
32.25%

Purchase Details

Closed on
May 9, 2014
Sold by
Sigmon Edith R
Bought by
Bakers Creek Partnership
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
Wolford Christopher W $199,900 Melrose Title Company Llc
Bakers Creek Partnership $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wolford Christopher W $200,000
Open Wolford Christopher W $760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2018 05/02/18 Sold $199,900 -- --
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 $6,728 $380,475 $50,000 $330,475
2023 $5,777 $380,475 $0 $0
2022 $886 $58,325 $50,000 $8,325
2021 $759 $50,000 $50,000 $0
2020 $902 $50,000 $50,000 $0
2019 $902 $50,000 $50,000 $0
2018 $902 $50,000 $50,000 $0
2017 $902 $50,000 $50,000 $0
2016 $674 $36,250 $36,250 $0
2015 $674 $36,250 $36,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1036050

East Tennessee REALTORS® MLS

APN: 078L-A-017.00