NOT LISTED FOR SALE

3119 Choto Highlands Way Knoxville, TN 37922

Concord Neighborhood

Estimated Value: $2,095,000 - $2,852,000

5 Beds
7.5 Baths
8,138 Sq Ft
$321/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $2,400,000 $295 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $14,296/month

Highlights

  • In Ground Pool
  • Lake View
  • Landscaped Professionally
  • Northshore Elementary School Rated A-
  • 0.88 Acre Lot
  • Deck

About This Home

As of October 2023

OWNER AGENT Property. Welcome to your dream home! Located in the gated lakeside community of The Summit at Choto, this 5 bedroom, 7.5 bath home offers an abundance of space, year round mountain and lake views, and ample amenities. The chef's kitchen on the main, features remote start Thermador appliances, including three ovens, two gas and one electric, hands free faucet, oversized 66 inch refrigerator/freezer, ice maker, and indoor/outdoor screened in living and dining room spaces with lake and mountain views from every angle. Hardwood floors throughout the upstairs and main, whole home audio, and indoor/outdoor gas log fireplaces.

The large owner's suite, on the main, features spectacular views, trey ceilings, ambient lighting, a primary bathroom with heated floors, soaking tub, dual showers, laundry room, and his and her closets. Dedicated office and guest bedroom, both with en suites, are also located on the main. The upstairs features a dual office/craft room, loft/living room, laundry room, and two bedrooms with en suite bathrooms, double closets, and heated bathroom floors.

Three car remote access garage on the main and one car garage for mowers and workshop below. The basement features a home gym, game area, pool table, full kitchen, guest bedroom with en-suite bathroom, laundry room, theater room, workshop, storage room, and an outdoor living area that leads to the Gunite pool overlooking the lake and mountains. If you seek exclusivity and modern conveniences steeped in ample space, this home is for you!

Last Agent to Sell the Property

ReShanta Hazelbaker

Harris Realty License #363143 Listed on: 08/04/2023

Last Buyer's Agent

Joan Clark

Keller Williams West Knoxville License #290057

Keller Williams West Knoxville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,713

Year Built

  • Built in 2020

Lot Details

  • 0.88 Acre Lot
  • Landscaped Professionally
  • Rain Sensor Irrigation System

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Lake
  • Mountain

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 8,138 Sq Ft Home
  • Wired For Data
  • Tray Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Log Fireplace
  • Stone Fireplace
  • Family Room
  • Open Floorplan
  • Home Office
  • Workshop
  • Screened Porch
  • Storage Room
  • Finished Basement
  • Recreation or Family Area in Basement

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Radiant Floor
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Storm Cellar or Shelter

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Tankless Water Heater
  • Septic Tank
  • Internet Available
  • Cable TV Available

Community Details

  • The Summit At Choto Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Property Available on 8/4/23
  • Assessor Parcel Number 172AC008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,713

Year Built

Built in 2020

Lot Details

0

HOA Fees

$108 per month

Parking

4

Listing Details

  • Directions: NORTHSHORE TO LEFT ON CHOTO RD. GO 3.3 MILES ON LEFT JUST PAST CHOTO MARINA. TURN LEFT INTO GATED SUBDIVISION OF THE SUMMIT AT CHOTO.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2020
  • Lot Size Acres: 0.88
  • Subdivision Name: The Summit At Choto
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • View:Mountain View: Yes
  • View:Lake: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2815.0
  • General Property Description:SqFt - Down Lvl: 3511.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1812.0
  • General Property Description:_pound_ Fireplace: 2.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Percent Basement Finished: Yes
  • Siding:Brick2: Yes
  • Misc Features:Wired for Internet: Yes
  • Misc Features:Trey Ceiling: Yes
  • Cooling:Zoned2: Yes
  • Heat:Zoned: Yes
  • Floors:Radiant Floors: Yes
  • Misc Features:Storm Shelter: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Stove, Tankless Wtr Htr, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave, Washer
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Stone, Gas Log
  • Fireplaces: 2
  • Flooring: Laminate, Hardwood, Radiant Floors
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Security Alarm: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Family Room: Yes
  • Appliances:Gas Stove: Yes
  • Other Rooms:Basement Rec Room: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:DenStudy: Yes
  • Other Rooms:Workshop: Yes
  • Appliances:Tankless Wtr Htr: Yes
  • Misc Features:Island in Kitchen: Yes
  • Fireplace:Stone2: Yes
  • Appliances:Trash Compactor: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • Exterior Features: Irrigation System, Patio, Pool - Swim (Ingrnd), Porch - Covered, Porch - Enclosed, Porch - Screened, Prof Landscaped, Deck, Cable Available (TV Only)
  • View: Mountain View, Lake
  • Lot Features: Other
  • Construction Type: Brick
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Screened: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Cable Available (TV Only): Yes
  • Construction:Brick5: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Prof Landscaped: Yes
  • Exterior Features:Porch - Enclosed: Yes
  • Exterior Features:Pool - Swim (Ingrnd): Yes
  • Exterior Features:Irrigation System: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Garage Door Opener, Other, Attached, Side/Rear Entry, Main Level, Off-Street Parking
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:SideRear Entry: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s), Zoned
  • Cooling Y N: Yes
  • Heating: Central, Propane, Zoned, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee: 325.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 38332.8
  • Parcel #: 172AC008
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2023-08-04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Sep 29, 2023
Sold by
Hazelbaker Jeremy and Hazelbaker Reshanta
Bought by
Vipperman Jenny Hartsook and Vipperman Joseph Gary
Seller's Agent
ReShanta Hazelbaker
Harris Realty
Buyer's Agent
Joan Clark
Keller Williams West Knoxville
List Price
$2,499,000
Sold Price
$2,400,000
Premium/Discount to List
-$99,000
-3.96%
Views
143
Current Estimated Value
$2,614,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,498
Avg. Annual Appreciation
4.31%
Original Mortgage
$2,280,000
Outstanding Balance
$2,228,150
Interest Rate
6.34%
Mortgage Type
Construction
Estimated Equity
$386,348

Purchase Details

Listed on
Apr 6, 2016
Closed on
Aug 29, 2017
Sold by
Rocky Hill Land Partners Llc
Bought by
Hazelbaker Jeremy and Hazelbaker Reshanta
Seller's Agent
Jennifer Goswitz
Re/Max Preferred Properties, Inc
Buyer's Agent
Jennifer Goswitz
ReMax Preferred Properties, In
Sold Price
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.71%
Original Mortgage
$620,500
Interest Rate
4.03%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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
Vipperman Jenny Hartsook $2,400,000 None Listed On Document
Hazelbaker Jeremy $149,000 Tennessee Valley Title Insur
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vipperman Jenny Hartsook $2,280,000
Previous Owner Hazelbaker Jeremy $620,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2023 10/02/23 Sold $2,400,000 -4.0% $295 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/05/2023 08/05/23 For Sale $2,499,000 +4.1% $307 / Sq Ft
08/04/2023 08/04/23 Off Market $2,400,000 -- --
08/04/2023 08/04/23 For Sale $2,499,000 +1577.2% $307 / Sq Ft
08/29/2017 08/29/17 Sold $149,000 -- -- View Prior Sale
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 $5,713 $367,600 $0 $0
2023 $4,635 $298,250 $0 $0
2022 $4,635 $298,250 $0 $0
2021 $5,280 $249,075 $0 $0
2020 $3,041 $143,425 $0 $0
2019 $530 $25,000 $0 $0
2018 $530 $25,000 $0 $0
2017 $530 $25,000 $0 $0
2016 $580 $0 $0 $0
2015 $580 $0 $0 $0
2014 $580 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1235439

East Tennessee REALTORS® MLS

APN: 172AC-008