NOT LISTED FOR SALE

Estimated Value: $513,000 - $738,000

0.39 Acre
$1,579,333 Price per Acre
16,988 Sq Ft Lot

Sale Details

Date Sold: January 30, 2023

Last sale price $550,000

Est. 12% increase in value since last sale

Current estimated payment $3,534 / mo

26 Days on Market

About This Lot

As of January 2023

One of the VERY FEW Gently Sloping Lake Lots left in the Upscale Gated Community of Rarity Bay on Pristine Tellico Lake. NO Social Membership is Required! No need to worry about dock building cost as this lot already has a TVA Permitted Dock. Come build your Lakefront Dream Home & Enjoy Spectacular Sunsets! Enjoy dining at the Club Restaurant, Play Pickle Ball & Tennis, Swim in the Outdoor Pool & Enjoy taking part in the many Clubs & Activities Rarity Bay has to offer it's members. If you want a social membership you may purchase it as well as Golf Membership, the decision is yours to make. No building time limits. This lot won't last long as very few almost level Lake Lots are left! Now is the time to buy!

Last Agent to Sell the Property

Karen Packett

Lake Homes Realty, LLC License #244428 Listed on: 11/09/2022

Last Buyer's Agent

A NON-MEMBER

--NON-MEMBER OFFICE-- License #308195

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,280

Lot Details

  • 16,988 Sq Ft Lot
  • Lot Dimensions are 110 x 116 x 110 x 169
  • Lake Front
  • Level Lot

HOA Fees

  • $83 Monthly HOA Fees

Schools

  • Greenback Elementary School
  • Ft Loudon Middle School
  • Loudon High School

Additional Features

  • Water Views
  • Phone Available

Community Details

  • Rarity Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078H A 020.00

Property Details

Property Type

Land

Est. Annual Taxes

$1,280

Lot Details

0.39 Acres

HOA Fees

$83 per month

Listing Details

  • Prop. Type: Land
  • Lot Size Acres: 0.39
  • Lot Size: 110 x 116 x 110 x 169
  • Water Body Name: Tellico
  • Subdivision Name: Rarity Bay
  • Directions: From Knoxville driving I-75 South to exit 72. Continue on 72 West for approx. 13 miles to Rarity Bay entrance on the left. Continue on Rarity Bay Parkway, left onto Marsh Hawk. 330 Marsh Hawk Drive Home is on the left if standing on the lot looking at the lake & the Dock.
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Level
  • View: Water
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Lot Features:Level: Yes
  • Waterfront Features:Lake3: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Waterfront2: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: Water Available, Phone Available, Natural Gas Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 1000.0
  • General Property Information:Association Fee Frequency: Annually

Schools

  • Elementary School: Greenback School
  • High School: Loudon
  • Middle Or Junior School: Ft Loudon

Lot Info

  • Lot Size Sq Ft: 16988.4
  • Parcel #: 078H A 020.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1280.31
  • Tax Book Number: D448

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2022
Closed on
Jan 26, 2023
Sold by
Bought by
Seller's Agent
Karen Packett
Lake Homes Realty, LLC
Buyer's Agent
A NON-MEMBER
--NON-MEMBER OFFICE--
List Price
$550,000
Sold Price
$550,000
Views
56
Current Estimated Value
$615,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,940
Avg. Annual Appreciation
3.35%
Original Mortgage
$350,000
Interest Rate
0.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2022
Sold by
Bought by

Purchase Details

Listed on
Oct 7, 2021
Closed on
Dec 16, 2021
Sold by
Bought by
Seller's Agent
Luke Noe
River Rock Real Estate Group
Buyer's Agent
Teri Jo Fox
Crye-Leike Realtors South, Inc
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%

Purchase Details

Closed on
Jan 9, 2020
Sold by
Bought by

Purchase Details

Closed on
Sep 30, 2009
Sold by
Bought by

Purchase Details

Closed on
Dec 17, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 23, 2002
Bought by

Purchase Details

Closed on
Apr 8, 1998
Bought by

Purchase Details

Closed on
Feb 7, 1998
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$550,000 --
-- None Listed On Document
$525,000 Admiral Title Inc
-- None Available
$410,000 --
$285,000 --
-- --
$155,000 --
$460,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $350,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2023 01/30/23 Sold $550,000 0.0% --
12/05/2022 12/05/22 Pending -- -- --
11/09/2022 11/09/22 For Sale $550,000 +4.8% --
12/20/2021 12/20/21 Sold $525,000 +38.2% -- View Prior Sale
12/11/2020 12/11/20 Sold $380,000 -- -- View Prior Sale
Source: River Counties Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,491 $84,325 $75,000 $9,325
2024 $1,280 $84,325 $75,000 $9,325
2023 $1,280 $84,325 $0 $0
2022 $1,280 $84,325 $75,000 $9,325
2021 $1,280 $84,325 $75,000 $9,325
2020 $1,461 $84,325 $75,000 $9,325
2019 $1,461 $81,000 $75,000 $6,000
2018 $1,461 $81,000 $75,000 $6,000
2017 $1,461 $81,000 $75,000 $6,000
2016 $1,509 $81,200 $75,000 $6,200
2015 $1,509 $81,200 $75,000 $6,200
2014 $1,509 $81,200 $75,000 $6,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: River Counties Association of REALTORS®

MLS Number: 20228338

River Counties Association of REALTORS®

APN: 078H-A-020.00

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