NOT LISTED FOR SALE

357 Baye Rd Rutledge, TN 37861

Estimated Value: $414,000 - $579,000

3 Beds
2 Baths
1,824 Sq Ft
$279/Sq Ft Est. Value

Last Sold April 12, 2021

Last sale price $392,000 $215 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,895/month

59 Days on Market

Highlights

  • Lake View
  • Deck
  • Cathedral Ceiling
  • Waterfront
  • Contemporary Architecture
  • Bonus Room

About This Home

As of April 2021

Our company has sold quite a few homes in the Mallard Baye community and this is probably one of the best, if not the best buy, we have seen. Especially considering that everyone knows that we are currently in a Seller's market. The home is not lakefront but has a marvelous view of the main channel of Cherokee Lake. And, when the water levels are up, from March to October, there is a cove that runs the length of the homes across the street flowing into the main channel of Cherokee Lake. Views of water, water, everywhere. The home is brick and vinyl, removing the costly upkeep of painting the exterior walls, overhangs, and eaves. Designed for someone that does not want to climb stairs, all the living space is on the main floor, separate from the basement. And, if you wish to enter the basement, there is a second garage entrance which grants you entry. No stairs to climb. One half is large enough to accommodate a small boat, kayaks, jet skis, mowers, whatever you choose to store. The second half of the basement is unfinished, and it can be used for storage or workshop needs. Or, if you wish to finish it as extra living space, the foundation is there for you to do so. The ample back yard creates opportunities for adding a swimming pool, garden, gazebo, you name it. Greenlee Campground is visible from the rear. So, if you choose, the large yard creates the opportunity for the planting of a handful of trees creating a canopy of shade and privacy. But the view is from the front of the house. Cherokee Lake is visible not only from the covered front porch but from throughout the inside of the home. This one homeowner home has never been on the market before. And is the only home in Mallard Baye available at this price. Hospitals are 12 miles away. Walmart is 14 miles. HOAs fee of only $100 a year, a magnificent view of Cherokee Lake and its proximity to Jefferson City, Morristown, and Knoxville makes this home a special buy where you can Live the Lake Life!

Last Agent to Sell the Property

Felix Valdes

Cherokee Lake Realty License #314535 Listed on: 02/12/2021

Last Buyer's Agent

Corrina Ashe

Tellico Mountain Realty, LLC License #282253

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,327

Year Built

  • Built in 1995

Lot Details

  • 0.73 Acre Lot
  • Waterfront

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • 3 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,824 Sq Ft Home
  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Shades
  • Living Room
  • Den
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer and Electric Dryer Hookup

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Natural Gas Not Available
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic Tank
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 10.00

Community Details

Overview

  • Mallard Bay Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,327

Year Built

Built in 1995

Lot Details

0

HOA Fees

$9 per month

Parking

3

Listing Details

  • Carport Y N: No
  • Year Built: 1995
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.73
  • Lot Size: 120/342/92/331
  • Water Body Name: Other
  • Subdivision Name: Mallard Bay
  • Directions: From Jefferson City, on Hwy 92 turn right on Lakeshore Drive (Hwy 375) North. Enter Mallard Baye subdivision. Turn left. Home will be on left.
  • Above Grade Finished Sq Ft: 1824.0
  • Architectural Style: Contemporary
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 1327.2
  • Location Tax and Legal:Tax Year2: 2019
  • Location Tax and Legal:Parcel Number2: 10.00
  • General Property Information:Lot Size Acres: 0.73
  • General Property Information:Lot Size Dimensions: 120/342/92/331
  • General Property Information:Waterfront YN: Yes
  • Utilities:Cable Available: Yes
  • General Property Information:Living Area2: 1824.0
  • General Property Information:Above Grade Finished Area: 1824.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Heat Pump: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Room Types:Basement3: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Vinyl: Yes
  • Levels:Two: Yes
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • Flooring:Laminate: Yes
  • Room Types:Bonus Room: Yes
  • Utilities:Natural Gas Not Available: Yes
  • Appliances Microwave: Yes
  • Water Softeners: Yes
  • Architectural Style:Contemporary: Yes
  • Laundry Features:Main Level: Yes
  • View:Lake3: Yes
  • Water Source:Well: Yes
  • Utilities:DSL Internet: Yes
  • Utilities:Satellite Internet: Yes
  • Room Types:Den2: Yes
  • Room Types:Laundry: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Water Softener
  • Basement: Block, Full, Unfinished, Walk-Out Access
  • Levels: Two
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Living Area: 1824.0
  • Window Features: Double Pane Windows, Insulated Windows, Shades, Vinyl Clad Frames
  • Appliances Dishwasher: Yes
  • Basement:Block: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances Range: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Basement:Walk-Out Access: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Other
  • Waterfront Features: Navigable Water
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Block, Brick, Vinyl Siding
  • Foundation Details: Block
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Other21: Yes
  • Waterfront Features:Navigable Water: Yes
  • Window Features:Vinyl Clad Frames: Yes
  • Window Features:Shades: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Basement, Concrete, Garage, Garage Door Opener, Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Concrete4: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Kitchen Level: Yes
  • General Property Information:Carport YN: No
  • Parking Features:Basement2: Yes

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Not Available, DSL Internet, Satellite Internet
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Laundry
  • Association Fee: 9.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 9.0
  • General Property Information:Association Fee Frequency: Monthly
  • Horse Amenities:None10: Yes

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 31798.8
  • Parcel #: 10.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1327.2
  • Tax Map Number: 069M
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Apr 12, 2021
Sold by
Hoskins Judy
Bought by
Davis Phillip M and Davis Sandra L
Seller's Agent
Felix Valdes
Cherokee Lake Realty
Buyer's Agent
Corrina Ashe
Tellico Mountain Realty, LLC
List Price
$399,000
Sold Price
$392,000
Premium/Discount to List
-$7,000
-1.75%
Current Estimated Value
$508,165

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,165
Avg. Annual Appreciation
8.94%
Original Mortgage
$392,000
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Closed on
Feb 22, 1995
Sold by
Bunch Don
Bought by
Fleming Dennis
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
Davis Phillip M $392,000 Colonial Title Group Inc
Fleming Dennis $16,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Phillip M $520,000
Closed Davis Phillip M $392,000
Closed Davis Phillip M $392,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $392,000 -1.8% $215 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $399,000 -- $219 / Sq Ft
Source: Lakeway Area Association of REALTORS®

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
2024 $1,408 $59,900 $8,550 $51,350
2023 $1,408 $59,900 $8,550 $51,350
2022 $1,376 $59,900 $8,550 $51,350
2021 $1,376 $59,900 $8,550 $51,350
2020 $1,327 $59,900 $8,550 $51,350
2019 $1,327 $47,400 $4,625 $42,775
2018 $1,147 $47,400 $4,625 $42,775
2017 $1,147 $47,400 $4,625 $42,775
2016 $1,147 $47,400 $4,625 $42,775
2015 $1,311 $47,400 $4,625 $42,775
2014 $1,311 $52,435 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 600483

Lakeway Area Association of REALTORS®

APN: 069M-D-010.00