$134,900
SOLD SEP 16, 2024
0.55 Acre
$245,273 Price per Acre
23,958 Sq Ft Lot

Recently Sold

43 Days on Market

Highlights

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

About This Lot

As of September 2024

This exceptional property presents a rare opportunity, nestled at the serene end of a cul-de-sac street within the prestigous gated community of Rarity Bay. Boasting breathtaking views of both Tellico Lake and the majestic Smoky Mountains, this expansive estate offers unparalleled beauty and tranquility. This sprawling property epitomizes luxury living, surrounded by meticulously crafted homes and enveloped in a blanket of privacy. The generously sized lot provides ample space for outdoor entertainment or relaxation amidst nature's splendor.

Last Agent to Sell the Property

Sam Allen

Allen Realty License #340240 Listed on: 07/10/2024

Last Buyer's Agent

Betty Tolliver

BHHS Lakeside Realty License #338073

BHHS Lakeside Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $171

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

  • $365 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
  • $4,721 Seller Concession

Community Details

Overview

  • Rarity Bay Subdivision
  • Community Lake

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

$171

Lot Details

0

HOA Fees

$365 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
  • 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
  • Lot Description:Lake Access: Yes
  • View:Lake: Yes
  • Topography:Cleared: Yes
  • Lot Description:Golf Community: Yes
  • Road Access:Private Road: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

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

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Clubhouse, Storage, Golf Course, Recreation Facilities, Security, Pool, Tennis Court(s)
  • Association Fee: 365.0
  • Association Fee Frequency: Monthly

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:Lake Access2: 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
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

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
0.40%

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
Not Available
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 $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
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
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: 1269117

East Tennessee REALTORS® MLS

APN: 078J-B-061.00