$145,000
SOLD JUL 31, 2025
0.55 Acre
$263,636 Price per Acre
23,958 Sq Ft Lot

Recently Sold

4 Days on Market

Highlights

  • Boat Ramp
  • Access To Lake
  • Gated Community
  • Golf Course Community
  • Fitness Center
  • Lake View

About This Lot

As of July 2025

This beautiful property is tucked away at the quiet end of a cul-de-sac in the gated community of Rarity Bay, offering stunning views of both Tellico Lake and the Smoky Mountains.

Set among beautifully designed homes and surrounded by nature, this extra-wide lot offers more space than the average homesite in the community—providing an exceptional blend of privacy, luxury, and potential. Whether you're envisioning relaxing outdoor living or entertaining with a view, there's plenty of room to make it your own.

Beyond the property itself, Rarity Bay offers a lifestyle that's hard to beat—featuring gated security, a private country club, lake access, championship golf, and a wide range of clubs and social activities. Whether you're into boating, tennis, hiking, or just making new friends, there's something here for everyone.

Last Agent to Sell the Property

Sam Allen

Allen Realty License #340240 Listed on: 06/23/2025

Last Buyer's Agent

William Vosburg

River Rock Real Estate Group License #381697

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $199

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 110 x 188 x 193
  • Cul-De-Sac
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $96 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 078J B 061.00
  • $5,800 Seller Concession

Community Details

Overview

  • Rarity Bay Subdivision

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Boat Ramp
  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Putting Green
  • Access To Lake

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$199

Lot Details

0

HOA Fees

$96 per month

Listing Details

  • Directions: Rarity Bay is a gated community, you will need a realtor or home owner to call you through the gate.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.55
  • Lot Size: 110 x 188 x 193
  • Road Frontage Type: Paved
  • Subdivision Name: Rarity Bay
  • Improvements:Utilities on Site: Yes
  • View:Mountain View: Yes
  • Utilities Available:Cable TV2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Gas3: Yes
  • Utilities Available:Telephone5: Yes
  • Utilities Available:Water5: Yes
  • General Property Description:Lot Size SqFt: 23958.0
  • Property Sub-Type:Single Family2: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Utilities Available:Sewer6: Yes
  • Topography:Cleared: Yes
  • Lot Description:Golf Community: Yes
  • Road Access:Private Road: Yes
  • View Lake View: Yes
  • Community Amenities LakeWater Access2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Lake View, Mountain View
  • Lot Features: Cul-De-Sac, Golf Community
  • Topography: Cleared
  • Road Frontage Paved: Yes

Utilities

  • Security: Gated Community
  • Utilities: Cable TV

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Tennis Courts, Swimming Pool, Extra Storage, Club House, Golf Course, Recreation Facilities, Security
  • Association Fee: 1155.0
  • Association Fee Frequency: Yearly

Association/Amenities

  • Community Amenities:Gated Community: Yes
  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Club House2: Yes
  • Community Amenities:Sidewalks: Yes
  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:Boat Ramp: Yes
  • Community Amenities:Dock2: Yes
  • Community Amenities:Exercise Room: Yes
  • Community Amenities:Extra Storage4: Yes
  • Community Amenities:Golf Course2: Yes
  • Community Amenities:Putting Greens: Yes
  • Community Amenities:Rec Facilities: Yes
  • Community Amenities:Security2: Yes
  • Community Amenities:Tennis Courts: Yes

Lot Info

  • Lot Size Sq Ft: 23958.0
  • Parcel #: 078J B 061.00
  • Zoning Description: Zoned Residential

Tax Info

  • Tax Annual Amount: 198.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2025
Closed on
Jul 31, 2025
Sold by
Patenge James Walter and Patenge Carol Deanne
Bought by
Grimley Terrence A and Grimley Gail L
Seller's Agent
Sam Allen
Allen Realty
Buyer's Agent
William Vosburg
River Rock Real Estate Group
List Price
$145,000
Sold Price
$145,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-51.04%

Purchase Details

Listed on
Jul 10, 2024
Closed on
Sep 13, 2024
Sold by
Albracht Daniel J and Albracht Kimberly F
Bought by
Patenge James Walter and Patenge Carol Deanne
Seller's Agent
Sam Allen
Allen Realty
Buyer's Agent
Betty Tolliver
BHHS Lakeside Realty
List Price
$134,900
Sold Price
$134,900
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%

Purchase Details

Listed on
Jul 31, 2017
Closed on
Mar 6, 2019
Sold by
Weckbaugh Larry L and Weckbaugh Raleigh R
Bought by
Kompier Michelle R and Sebalj Michael W
Seller's Agent
Luke Noe
Rarity Bay Properties, LLC
Buyer's Agent
Luke Noe
Rarity Bay Real Estate Company, Inc.
Sold Price
$46,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.43%
Original Mortgage
$39,100
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2005
Sold by
Ltr Properties
Bought by
Weckbaugh Larry L
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 Type Sale Price Title Company
Warranty Deed $145,000 Tellico Title Services
Warranty Deed $134,900 Paramount Land Title
Warranty Deed $46,000 None Available
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $39,100 New Conventional
Previous Owner $135,000 No Value Available
Previous Owner $155,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Sold $145,000 0.0% --
06/27/2025 06/27/25 Pending -- -- --
06/23/2025 06/23/25 For Sale $145,000 +7.5% --
09/16/2024 09/16/24 Sold $134,900 0.0% --
08/23/2024 08/23/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $134,900 +56.7% --
04/28/2022 04/28/22 Sold $86,100 +0.1% --
03/22/2022 03/22/22 For Sale $86,000 +87.0% --
03/06/2019 03/06/19 Sold $46,000 -- --
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 $171 $11,250 $11,250 --
2023 $171 $11,250 $0 $0
2022 $171 $11,250 $11,250 $0
2021 $171 $11,250 $11,250 $0
2020 $203 $11,250 $11,250 $0
2019 $203 $11,250 $11,250 $0
2018 $203 $11,250 $11,250 $0
2017 $203 $11,250 $11,250 $0
2016 $209 $11,250 $11,250 $0
2015 $209 $11,250 $11,250 $0
2014 $209 $11,250 $11,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1305702

East Tennessee REALTORS® MLS

APN: 078J-B-061.00