NOT LISTED FOR SALE

Estimated Value: $2,592,000 - $3,085,000

5 Beds
4.5 Baths
7,458 Sq Ft
$388/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $2,322,000 $311 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $16,030/month

23 Days on Market

Highlights

  • Lake Front
  • 0.81 Acre Lot
  • Deck
  • Golf Course Community
  • Landscaped Professionally
  • Forest View

About This Home

As of September 2021

Welcome to East Tennessee, no state income tax and the lowest state debt per capita in the nation. As you pull into the cul-de-sac you are home. The expansive main channel views opens up as you approach the 4 car garage. You stop to enjoy the quiet hum of a boat cruising down the main channel. This all Brick Masterpiece is located on one of the most desirable lake lots in Tellico Village. Your biggest decision will be what's next? Relax in the Great room or Sunroom? Prepare a gourmet meal in the kitchen? Cocktails on the Deck, Screened Patio or even the dock? Maybe even take the boat to dinner? While you have everything you need on the main level you will appreciate the space when guests arrive. Three to four couples can easily join you for a weekend or more. Should you need more room there is over 1300 sq feet of shop and storage area that could be converted to living area. In the evenings you and your guests can gather around the fire pit to watch the sun light up the eastern shoreline as it sets. The big decision of daytime will be do we relax and swim around the dock, go fishing or skiing? Two boat slips and 3 jet ski lifts give you lots of choices. Low maintenance home and practically new 1800 sqft. dock also mean you will spend more time enjoying your home not working on it! Home was built and maintained with an open checkbook. Just a few of the special features include Geothermal HVAC, 50 year Roof, Pavestone drive and walkways, All Brick, Power screens for patio, Composite decking on Deck and Dock. 1800 sqft dock with 2 boat lifts and 3 jet ski lifts. Rosewood Hardwood floors, fresh paint and much more!

Last Agent to Sell the Property

John Tuck

Tellico Realty, Inc. License #221934 Listed on: 06/12/2021

Last Buyer's Agent

Jennifer Cook

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,254

Year Built

  • Built in 2001

Lot Details

  • 0.81 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Landscaped Professionally
  • Wooded Lot

HOA Fees

  • $147 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Rough-In Plumbing

Interior Spaces

  • 7,458 Sq Ft Home
  • Central Vacuum
  • 3 Fireplaces
  • Insulated Windows
  • Bay Window
  • Great Room
  • Family Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Utility Room
  • Forest Views
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch

Schools

  • Fort Loudoun Middle School
  • Loudon High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Geothermal Heating and Cooling

Listing and Financial Details

  • Property Available on 6/15/21
  • Assessor Parcel Number 043P H 010.00 000
  • Tax Block 17

Community Details

Overview

  • Association fees include some amenities
  • Tanasi Coves Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,254

Year Built

Built in 2001

Lot Details

0

HOA Fees

$147 per month

Listing Details

  • Directions: From US 321 N take Tellico Pkwy exit, turn left onto Tanasi Drive, left onto Tecumseh Way, then left onto Tecumseh Place. House is at the end of the cul-de-sac. (No SOP)
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2001
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.81
  • Subdivision Name: Tanasi Coves
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave
  • Has Basement: Partially Finished, Plumbed, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 3
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Bay, Windows - Insulated, Patio, Porch - Covered, Prof Landscaped, Deck
  • View: Wooded
  • Lot Features: Cul-De-Sac, Waterfront Access, Lakefront, Lake Access, Wooded, Golf Community
  • Construction Type: Brick

Garage/Parking

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

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Geo Heat (Closed Lp)
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 146.52
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Some Amenities

Schools

  • High School: Loudon
  • Middle Or Junior School: Fort Loudoun

Lot Info

  • Lot Size Sq Ft: 35283.6
  • Parcel #: 043P H 010.00 000
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2021-06-15

Tax Info

  • Tax Block: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2021
Closed on
Sep 2, 2021
Sold by
Bowsher Melvin L and Bowsher Patti S
Bought by
Smith Steve and Smith Bonnie K
Seller's Agent
John Tuck
Tellico Realty, Inc.
Buyer's Agent
Jennifer Cook
Keller Williams Realty
Sold Price
$2,322,000
Current Estimated Value
$2,890,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$568,064
Avg. Annual Appreciation
5.43%
Original Mortgage
$1,741,500
Outstanding Balance
$1,584,635
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,305,429

Purchase Details

Listed on
Apr 24, 2017
Closed on
Aug 1, 2017
Sold by
Kolassa Harry G and Kolassa Harry G
Bought by
Bowsher Ii Melvin L and Bowsher Patti S
List Price
$1,500,000
Sold Price
$1,350,000
Premium/Discount to List
-$150,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.18%

Purchase Details

Closed on
Feb 21, 2013
Sold by
Kolassa Harry G
Bought by
Kolassa Harry G Judith A Tru and Judith A Kolass Harry G

Purchase Details

Closed on
Sep 24, 1999
Bought by
Kolassa Harry G and Kolassa Judy A

Purchase Details

Closed on
Sep 24, 1993
Bought by
Miller Leonard G and Miller Shirley E
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
Smith Steve $2,322,000 Admiral Title Inc
Bowsher Ii Melvin L $1,350,000 Tellico Title Services Inc
Kolassa Harry G Judith A Tru -- --
Kolassa Harry G $287,000 --
Miller Leonard G $140,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Steve $1,741,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/02/2021 09/02/21 Sold $2,322,000 +72.0% $311 / Sq Ft
08/02/2017 08/02/17 Sold $1,350,000 -10.0% $181 / Sq Ft View Prior Sale
06/16/2017 06/16/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $1,500,000 -- $201 / 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
2025 $7,254 $477,775 $158,750 $319,025
2023 $7,254 $477,775 $0 $0
2022 $7,141 $470,300 $158,750 $311,550
2021 $6,187 $470,300 $158,750 $311,550
2020 $6,385 $407,475 $158,750 $248,725
2019 $6,385 $354,025 $150,000 $204,025
2018 $6,385 $354,025 $150,000 $204,025
2017 $6,134 $354,025 $150,000 $204,025
2016 $6,244 $335,925 $150,000 $185,925
2015 $6,244 $335,925 $150,000 $185,925
2014 $6,244 $335,925 $150,000 $185,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1156343

East Tennessee REALTORS® MLS

APN: 043P-H-010.00