$2,400,000
SOLD OCT 4, 2024

3111 Choto Highlands Way Knoxville, TN 37922

Concord Neighborhood
6 Beds
6 Baths
7,034 Sq Ft
0.99 Acres

Recently Sold

$341 Per Sq Ft

9% Below List Price

34 Days on Market

Highlights

  • 0.99 Acre Lot
  • Traditional Architecture
  • Separate Formal Living Room
  • Northshore Elementary School Rated A-
  • 2 Fireplaces
  • 3 Car Attached Garage

About This Home

As of October 2024

Welcome to this custom-built English Manor offering breathtaking LAKE and MOUNTAIN views next to Choto Marina! Situated in a Gated neighborhood. Luxurious Living on a spacious .9 acre lot. No State Income Tax and in the Popular Farragut Community, yet tucked away from the hustle and bustle. Restaurants close by. Walk to Cheers at Choto Restaurant and Marina. This elegant home features a Gourmet Kitchen w/granite, gas cook top, Double ovens, large island & Wet Bar open to a vaulted and beamed Great Room and a Dining Room that has a coffered ceiling ALL with Magnificent Lake views. The Main Level also features the Primary Suite with a recently remodeled Bathroom and a Walk in closet plus an additional Guest Bedroom or Office and full Bath. Upstairs you will find 3 additional Bedrooms, an Office and a large Storage Room that is Heated and Cooled. The Terrace Level is great for Entertaining or even Separate Living Quarters. A fully finished Lower Level has a Full Kitchen and Living space, a Bedroom with en suite Bath, a Workout Exercise room, World Class Golf Simulator room that can be a Home Theater area and a Pool Bath. Walk out to a gorgeous Outdoor Living space, perfect for entertaining or relaxation. Brick pavers set the Tone for elegance while the Serene Backyard has a Salt water Pool and Hot tub. The 3 car Garage has an extended area for a Work shop or Storage space all with a high grade Epoxy floor. The house is Equipped with a Whole house Generator, Anderson windows, bullnose corners, wide hallways, a Culligan soft water system, irrigation system, central vac, Fleenor security system, and a whole house hot water recirculation system. NEW within the last few years are- Roof, HVAC, Primary bath remodeled, Hot water Tank, Pool Pump and more. Schedule a showing today to experience the perfect blend of luxury and tranquility. Owner / Agent

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,214

Year Built

  • Built in 2011

Lot Details

  • 0.99 Acre Lot
  • Level Lot

HOA Fees

  • $124 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • 2 Fireplaces
  • Gas Fireplace
  • Separate Formal Living Room
  • Property Views
  • Finished Basement

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Farragut Middle School
  • Farragut High School

Utilities

  • Cooling Available
  • Zoned Heating System
  • Heating System Uses Propane

Community Details

  • The Summit At Choto Subdivision

Listing and Financial Details

  • Tax Lot 6
  • 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

$124 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2011
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Oven
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 6
  • Full Bathrooms: 6
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 4630
  • Below Grade Sq Ft: 2404
  • Building Area Units: Square Feet
  • Living Area: 7034
  • Living Area Units: Square Feet
  • Other Equipment: Irrigation Equipment
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Other, Brick
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Attached
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Heating: Central, Electric, Propane, Zoned
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Security Gate, Security System, Smoke Detector(s)

Condo/Co-op/Association

  • Association Fee: 371
  • Association Fee Frequency: Quarterly
  • Amenities: Gated
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Quarterly

Lot Info

  • Lot Features: Other, Cul-De-Sac, Level
  • Lot Size Acres: 0.99
  • Lot Size: 93.19 X 347.21 X 156 xIRR
  • Lot Size Units: Acres
  • Parcel #: 172AC006
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 5214
  • Tax Lot: 6

MLS Schools

  • High School: Farragut High School
  • Middle Or Junior School: Farragut Middle School

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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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: Realtracs

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: Realtracs

MLS Number: 2831149

Realtracs

APN: 172AC-006