$1,000,000
SOLD DEC 15, 2017

3111 Choto Highlands Way Knoxville, TN 37922

Concord Neighborhood
5 Beds
6 Baths
7,034 Sq Ft
0.98 Acres

Recently Sold

$142 Per Sq Ft

88 Days on Market

Highlights

  • In Ground Pool
  • 0.98 Acre Lot
  • Traditional Architecture
  • Northshore Elementary School Rated A-
  • Landscaped Professionally
  • Wood Flooring

About This Home

As of October 2024

Secluded, gated community offering the best in mountain & lake views plus you can keep the boat close by at Choto Marina. Upscale custom built home in like new condition. 3 levels with walk-out terrace level to incredible saltwater pool & hot tub-all enjoying the Vistas. Lower Level is perfect for guests or in-laws. 2nd kitchen & BR suite plus exercise rm- open to pool. Main level MBR plus hard to find 2nd BR on main too. Perfect kitchen w/top of line appliances & open to living area-all opening to covered porch. Ready to move-in today.

Last Agent to Sell the Property

Sharon Bailey

Realty Executives Associates License #010863 Listed on: 08/11/2017

Realty Executives Associates

Last Buyer's Agent

Miryana Eichelberger

Alliance Sotheby's International

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,214

Year Built

  • Built in 2011

Lot Details

  • 0.98 Acre Lot
  • Fenced Yard
  • Landscaped Professionally

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 7,034 Sq Ft Home
  • Central Vacuum
  • 1 Fireplace
  • <<energyStarQualifiedWindowsToken>>
  • Finished Basement
  • Walk-Out Basement
  • Home Security System

Kitchen

  • <<selfCleaningOvenToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Parking

  • Attached Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Covered patio or porch

Utilities

  • Zoned Heating and Cooling System
  • Power Generator

Community Details

  • The Summit At Choto Subdivision

Listing and Financial Details

  • Assessor Parcel Number 172ac006

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,214

Year Built

Built in 2011

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Directions: Northshore Dr heading West, Lt Choto pass Choto Marina and turn Lt into gated subdivision home on Rt
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2011
  • Lot Size Acres: 0.98
  • Lot Size: 93x347xirr
  • Subdivision Name: The Summit at Choto
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Backup Generator, Central Vacuum, Dishwasher, Disposal, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 6
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Window - Energy Star, Fenced - Yard, Pool - Swim (Ingrnd), Porch - Covered, Prof Landscaped
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, Side/Rear Entry, Main Level

Utilities

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

Condo/Co-op/Association

  • Association Fee: 75.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 42688.8
  • Parcel #: 172ac006
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Oct 4, 2024
Sold by
Eichelberger Mirjana C and Eichelberger Frank
Bought by
Marsh Ron and Marsh Dawn
List Price
$2,650,000
Sold Price
$2,400,000
Premium/Discount to List
-$250,000
-9.43%
Views
64

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%

Purchase Details

Listed on
Aug 11, 2017
Closed on
Dec 15, 2017
Sold by
Franklin Tamara S
Bought by
Eichelberger Frank and Eichelberger Miryana
Seller's Agent
Sharon Bailey
Realty Executives Associates
Buyer's Agent
Miryana Eichelberger
Alliance Sotheby's International
Sold Price
$1,000,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.72%
Original Mortgage
$600,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2009
Sold by
Forest Brook Development Llc
Bought by
Franklin George W and Franklin Tamara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,925
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,400,000 Admiral Title
Warranty Deed $1,000,000 Paramount Land Title Of Knox
Warranty Deed $179,900 Title Assoc Of Knoxville
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Credit Line Revolving
Previous Owner $510,400 New Conventional
Previous Owner $600,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $579,100 New Conventional
Previous Owner $134,925 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Pending -- -- --
06/19/2025 06/19/25 Price Changed $2,245,000 -4.4% $319 / Sq Ft
05/04/2025 05/04/25 Price Changed $2,349,000 -7.8% $334 / Sq Ft
04/09/2025 04/09/25 For Sale $2,549,000 +6.2% $362 / Sq Ft
10/04/2024 10/04/24 Sold $2,400,000 -9.4% $341 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $2,650,000 +165.0% $377 / Sq Ft
12/15/2017 12/15/17 Sold $1,000,000 -- $142 / 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 $5,214 $335,500 $0 $0
2023 $5,214 $335,500 $0 $0
2022 $5,214 $335,500 $0 $0
2021 $5,367 $253,175 $0 $0
2020 $5,367 $253,175 $0 $0
2019 $5,367 $253,175 $0 $0
2018 $5,367 $253,175 $0 $0
2017 $5,367 $253,175 $0 $0
2016 $6,494 $0 $0 $0
2015 $6,494 $0 $0 $0
2014 $6,494 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1013107

East Tennessee REALTORS® MLS

APN: 172AC-006