354 Okema Way Loudon, TN 37774
Tellico Village NeighborhoodEstimated Value: $1,127,000 - $1,668,350
4
Beds
4.5
Baths
5,049
Sq Ft
$290/Sq Ft
Est. Value
Highlights
- Lake Front
- Clubhouse
- Wooded Lot
- Golf Course Community
- Deck
- Traditional Architecture
About This Home
As of September 2017INCREDIBLE lakefront home! Can you picture yourself living large on the lake? Looking for an air B&B? Ask about the allowances for new carpet and appliances - installed before closing! Let the grand arch brick entrance welcome you to this Tellico Lake home. From the water, two levels of finished deck and gazebos overlook a beautiful lake view and dock. Within, the luxurious surfaces amidst cherry-hued cabinetry and breakfast room provide a warm ambiance to enjoy the serenity of the water and morning. The finished basement provides plenty of space for crafts, an entertainment center, and the game table of choice. Follow the recently painted deck and stairs to a lake ready for fishing and boating from the dock. Your lake front oasis awaits! Note: Buyer should confirm square footage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,769
Year Built
- Built in 1996
Lot Details
- 0.5 Acre Lot
- Lot Dimensions are 203.82x150.37x60x169.84
- Lake Front
- Wooded Lot
HOA Fees
- $118 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Home Design
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- Property has 3 Levels
- Ceiling Fan
- 2 Fireplaces
- Separate Formal Living Room
- Finished Basement
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
Home Security
- Home Security System
- Fire and Smoke Detector
Outdoor Features
- Deck
- Patio
Schools
- Loudon Elementary School
- Lenoir City Intermediate/Middle School
- Loudon High School
Utilities
- Cooling Available
- Central Heating
- Heating System Uses Propane
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 042C C 02800 000
Community Details
Overview
- Coyatee Coves Subdivision
Amenities
- Clubhouse
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 25, 2016
Closed on
Sep 13, 2017
Sold by
Namazi Kayvan and Namazi Diane
Bought by
Norman Michael D and Norman Melissa
List Price
$899,000
Sold Price
$770,000
Premium/Discount to List
-$129,000
-14.35%
Total Days on Market
275
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,338
Avg. Annual Appreciation
8.67%
Original Mortgage
$616,000
Outstanding Balance
$519,983
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$944,355
Purchase Details
Listed on
Mar 24, 2012
Closed on
Aug 13, 2012
Sold by
Phillips Ruth J
Bought by
Namazi Kayvan and Namazi Diane
Seller's Agent
Leza Barnard
ReMax Excels
Buyer's Agent
Pam Hardy
BHHS Lakeside Realty
Sold Price
$780,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.25%
Purchase Details
Closed on
Dec 14, 1994
Sold by
Cooper Communities
Bought by
Phillips Earl G and Phillips Ruth J
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Enjoy an Active Lifestyle within this beautiful and well thought-out Gated community offering Golf and Lakeside Marina Amenities. This custom and quality built home offers beautiful views from almost every room of the golf course overlooking #14 green and #15 Tee Box with a beautiful backdrop of the rolling hills of East Tennessee. New owners will appreciate the attention to detail crafted
Kathy May-Martin Coldwell Banker Jim Henry & Assoc.
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Norman Michael D | $770,000 | Concord Title | |
| Namazi Kayvan | $780,000 | -- | |
| Phillips Earl G | $130 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Morman Michael D | $175,000 | |
| Open | Norman Michael D | $616,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/14/2017 09/14/17 | Sold | $770,000 | -14.3% | $153 / Sq Ft |
| 07/27/2017 07/27/17 | Pending | -- | -- | -- |
| 10/25/2016 10/25/16 | For Sale | $899,000 | +15.3% | $178 / Sq Ft |
| 08/13/2012 08/13/12 | Sold | $780,000 | -- | $165 / Sq Ft |
Source: Realtracs
Tax History Compared to Growth
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 | $3,867 | $254,700 | $0 | $0 |
| 2022 | $3,867 | $254,700 | $87,500 | $167,200 |
| 2021 | $3,867 | $254,700 | $87,500 | $167,200 |
| 2020 | $3,967 | $254,700 | $87,500 | $167,200 |
| 2019 | $3,967 | $219,950 | $81,250 | $138,700 |
| 2018 | $3,967 | $219,950 | $81,250 | $138,700 |
| 2017 | $3,741 | $219,950 | $81,250 | $138,700 |
| 2016 | $3,769 | $202,800 | $81,250 | $121,550 |
| 2015 | $3,769 | $202,800 | $81,250 | $121,550 |
| 2014 | $3,769 | $202,800 | $81,250 | $121,550 |
Source: Public Records
Agents Affiliated with this Home
-
Leza Barnard
Seller's Agent in 2012
Leza Barnard
RE/MAX
(865) 582-1799
87 in this area
141 Total Sales
-
Pam Hardy
P
Buyer's Agent in 2012
Pam Hardy
BHHS Lakeside Realty
131 in this area
160 Total Sales
Map
Source: Realtracs
MLS Number: 2871125
APN: 042C-C-028.00
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