F
Seller's Agent in 2023
Felix Valdes
Cherokee Lake Realty
(865) 471-8222
246 Total Sales
358 Baye Rd Rutledge, TN 37861
Estimated Value: $606,000 - $826,000
3
Beds
3
Baths
2,598
Sq Ft
$277/Sq Ft
Est. Value
About This Home
As of August 2023Lakeview. Lakefront. Over one acre of land. All-brick low maintenance home. Is this what you've been searching for? Then STOP. This is it!
Most homes in lakefront communities are on less than one acre of land. Why? Lakefront developers will typically cut up the lots to an average of half an acre. At this size they can sell more lots. More lots to sell, more profit. Not this one. Look at aerial photos. You want a front yard. You've got it. You want a backyard. You've got it. You want to install a swimming pool. You have the space for it. 160 feet of dockable lakefront land. What does that mean? On a lot (no pun intended) of TVA controlled lakefronts, Cherokee Lake included, TVA will not grant you a permit to build a dock. Here you can. There is an existing small dock that stays with the property. But you want to upgrade? Build a bigger one? You can. The permit can be transferred.
All brick construction with vinyl soffit and fascia on the home's exterior. Enjoy Lake Life without worrying about painting/staining the exterior walls, overhangs, and eaves. And the cost that this adds to home ownership. An open floor plan. LVP Flooring in the living and bedroom areas. One of the most durable flooring options out there. It can withstand water and moisture, as well as wear and tear. Luxury tile in other areas of the home. A partially finished basement with extra space. A two-car garage at the entrance to the home, with a second garage, fronting the lake. Use this space for water toys, a workshop, or as the current homeowner has done, extra storage. The home had a new roof installed last year as well as a new well pump with a water softener system. Tennessee, a state that offers the advantage of NO State Income Tax and some of the lowest property tax rates in the nation. Four full, mild seasons. When there is 4 feet of snow on the ground up north, the ground is barely moist here! Within an 8-hour drive of 20 neighboring states, and the Great Smoky Mountains in its backyard. You can have this and access to Cherokee Lake, with its world-renowned fishing, boating, and recreation activities. Looking for Lake Life, East Tennessee style? This home is for you. Live the Cherokee Lake Life!
Home Details
Home Type
Single Family
Est. Annual Taxes
$1,798
Year Built
1998
Lot Details
0
HOA Fees
$8 per month
Parking
2
Listing Details
- Year Built: 1998
- Fencing: None
- Property Sub Type: Single Family Residence
- Prop. Type: Residential
- Road Frontage Type: Other
- Lot Size Acres: 1.08
- Road Frontage Type: County Road
- Road Surface Type: Paved
- Water Body Name: Cherokee Lake
- Subdivision Name: Mallard Bay
- Directions: Off Lakeshore Drive enter Mallard Baye and make an immediate left. Home will be on the right, look for sign.
- Above Grade Finished Sq Ft: 1873.0
- Architectural Style: Ranch
- New Construction: No
- Structure Type: House
- Appliances Dryer: Yes
- Appliances Refrigerators: Yes
- Washers: Yes
- Appliances Microwave: Yes
- Special Features: None
Interior Features
- Flooring: Concrete, Luxury Vinyl, Tile
- Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Washer, Washer/Dryer, Water Heater, Water Softener Owned
- Basement: Block, Concrete, Exterior Entry, Full, Interior Entry, Partially Finished, Storage Space, Walk-Out Access, Walk-Up Access, Other
- Levels: Two
- Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, High Speed Internet, His and Hers Closets, Kitchen Island, Laminate Counters, Open Floorplan, Pantry, Soaking Tub, Walk-In Closet(s)
- Basement YN: Yes
- Full Bathrooms: 3
- Possible Bedrooms: 4
- Total Bedrooms: 3
- Below Grade Sq Ft: 725.0
- Fireplace Features: Gas, Great Room
- Fireplaces: 1
- Fireplace: Yes
- Living Area: 2598.0
- Main Level Bathrooms: 2
- Main Level Bedrooms: 3
- Stories: 2
- Window Features: Insulated Windows, Screens
- Appliances Dishwasher: Yes
- Appliances:Electric Oven: Yes
- Appliances:Electric Range: Yes
- Basement:Block: Yes
- Fireplace Features:Fireplaces Total: 1
- Interior Features:Ceiling Fan(s)2: Yes
- Appliances:Range Hood: Yes
- Interior Features:Pantry: Yes
- Interior Features:Walk-In Closet(s): Yes
- Appliances:Electric Water Heater: Yes
- Interior Features:Cathedral Ceiling(s): Yes
- Basement:Exterior Entry: Yes
- Basement:Walk-Out Access: Yes
- Basement:Other7: Yes
- Basement:Concrete: Yes
- Full Basement: Yes
- Interior Features:Entrance Foyer: Yes
- Community Features:Lake: Yes
- Interior Features:Kitchen Island: Yes
- Appliances:WasherDryer: Yes
- Interior Features:High Speed Internet: Yes
- Community Features:Curbs: Yes
- Basement:Interior Entry: Yes
- Interior Features:Laminate Counters: Yes
- Appliances:ENERGY STAR Qualified Appliances: Yes
- Appliances:Stainless Steel Appliance(s): Yes
- Fireplace Features:Gas4: Yes
- Basement:Partially Finished: Yes
- Interior Features:Eat-In Kitchen2: Yes
- Interior Features:Open Floorplan: Yes
- Community Features:Fishing: Yes
- Basement:Storage Space: Yes
- Fireplace Features:Great Room: Yes
- Interior Features:Soaking Tub: Yes
- Interior Features:His and Hers Closets: Yes
- Basement:Walk-Up Access: Yes
- Appliances:Water Softener-Owned: Yes
- Appliances:Ice Maker: Yes
- Appliances:Self Cleaning Oven: Yes
Exterior Features
- Roof: Shingle
- Exterior Features: Dock, Private Yard, Rain Gutters, Storage
- Lot Features: Lake on Lot, Back Yard, Front Yard, Gentle Sloping, Landscaped, Native Plants, Views, Waterfront
- View: Yes
- Waterfront Features: Lake Front, Lake Privileges
- Waterfront: Yes
- Construction Type: Block, Brick, Concrete, Other
- Foundation Details: Block, Slab
- Patio And Porch Features: Deck
- Property Condition: Updated/Remodeled
- Lot Features:Gentle Sloping: Yes
- Construction Materials:Block2: Yes
- Construction Materials:Brick: Yes
- Patio And Porch Features:Deck2: Yes
- Exterior Features:Dock: Yes
- Waterfront Features:Lake Front: Yes
- Waterfront Features:Lake Privileges: Yes
- Construction Materials:Other11: Yes
- Window Features:Insulated Windows: Yes
- Exterior Features:Rain Gutters: Yes
- Lot Features:Views: Yes
- Lot Features:Native Plants: Yes
- Exterior Features:Storage2: Yes
- Lot Features:Lake On Lot: Yes
- Lot Features:Waterfront: Yes
- Lot Features:Landscaped: Yes
- Exterior Features:Private Yard: Yes
- Lot Features:Back Yard2: Yes
- Construction Materials:Concrete2: Yes
- Lot Features:Front Yard2: Yes
- Window Features:Screens: Yes
Garage/Parking
- Garage Yn: Yes
- Attached Garage: Yes
- Covered Parking Spaces: 2.0
- Garage Spaces: 2.0
- Open Parking Spaces: 2.0
- Open Parking: Yes
- Parking Features: Additional Parking, Concrete, Direct Access, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Rear, On Site, Storage
- Total Parking Spaces: 4.0
- General Property Information:Garage YN: Yes
- General Property Information:Garage Spaces: 2.0
- Parking Features:Concrete4: Yes
- Parking Features:Garage: Yes
- Parking Features:Garage Door Opener: Yes
- General Property Information:Attached Garage YN: Yes
- General Property Information:Open Parking YN2: Yes
- General Property Information:Open Parking Spaces2: 2.0
- General Property Information:Parking Total: 4.0
- Parking Features:Covered Spaces: 2.0
- Parking Features:Driveway: Yes
- Parking Features:Additional Parking: Yes
- Parking Features:Garage Faces Front: Yes
- Parking Features:Garage Faces Rear: Yes
- Parking Features:On Site: Yes
- Parking Features:Direct Access: Yes
- Parking Features:Storage5: Yes
- Parking Features:Other Parking: 2 more spaces
Utilities
- Cooling: Electric, Heat Pump
- Heating: Electric, Fireplace(s), Heat Pump
- Sewer: Septic Tank
- Electric: 200+ Amp Service, Circuit Breakers
- Laundry Features: Laundry Room, Main Level
- Cooling Y N: Yes
- Heating Yn: Yes
- Utilities: Cable Connected, Electricity Connected, Phone Connected, Water Connected, Fiber Internet
- Heating:Heat Pump2: Yes
- Sewer Septic Tank: Yes
- Heating:Electric4: Yes
- Water Heater: Yes
- Heating:Fireplace(s): Yes
Condo/Co-op/Association
- Community Features: Curbs, Fishing, Lake
- Amenities: Maintenance Structure
- Association Fee: 100.0
- Association Fee Frequency: Annually
- Association Name: Mallard Baye
- Association: Yes
- Pets Allowed: Yes
Association/Amenities
- General Property Information:Association YN: Yes
- General Property Information:Association Fee: 100.0
- General Property Information:Association Fee Frequency: Annually
- General Property Information:Association Name: Mallard Baye
- Association Fee Includes:Maintenance Grounds2: Yes
- Association Amenities:Maintenance Structure: Yes
- Association Fee Includes:Maintenance Structure2: Yes
Fee Information
- Association Fee Includes: Maintenance Grounds, Maintenance Structure
Schools
- High School: Grainger High School
- Middle Or Junior School: Rutledge
Lot Info
- Lot Size Sq Ft: 47044.8
- Parcel #: 008.00
- ResoLotSizeUnits: Acres
Tax Info
- Tax Annual Amount: 1757.47
- Tax Map Number: 069M
- Tax Year: 2022
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 18, 2023
Closed on
Aug 24, 2023
Sold by
Rutherford Mica Smith
Bought by
Hanson Daniel E
Seller's Agent
Felix Valdes
Cherokee Lake Realty
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$769,900
Sold Price
$725,000
Premium/Discount to List
-$44,900
-5.83%
Total Days on Market
4
Views
72
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
-$5,793
Avg. Annual Appreciation
0.58%
Original Mortgage
$548,000
Outstanding Balance
$538,620
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$193,460
Purchase Details
Listed on
Apr 2, 2018
Closed on
May 30, 2018
Sold by
Davis Don S and Davis Elizabeth G
Bought by
Rutherford Mica Smith
Seller's Agent
Mike Newman
Home & Garden Real Estate
Buyer's Agent
Phyllis Reed
Clinch Mountain Realty & Aucti
Sold Price
$274,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.41%
Original Mortgage
$274,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 13, 2000
Sold by
Jones Steve
Bought by
Davis Don
Purchase Details
Closed on
Jan 28, 2000
Bought by
Jones Steve
Purchase Details
Closed on
Oct 15, 1996
Sold by
Collins Doug
Bought by
Fields Alex
Purchase Details
Closed on
Aug 19, 1991
Bought by
Bunch Don
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 |
|---|---|---|---|
| Hanson Daniel E | $725,000 | Admiral Title | |
| Rutherford Mica Smith | $274,000 | Lakeway Title Services | |
| Davis Don | $229,000 | -- | |
| Jones Steve | $225,000 | -- | |
| Fields Alex | $142,500 | -- | |
| Bunch Don | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hanson Daniel E | $548,000 | |
| Previous Owner | Rutherford Mica Smith | $274,000 | |
| Previous Owner | Davis Don S | $170,065 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/25/2023 08/25/23 | Sold | $725,000 | -5.8% | $279 / Sq Ft |
| 06/22/2023 06/22/23 | Pending | -- | -- | -- |
| 06/18/2023 06/18/23 | For Sale | $769,900 | +181.0% | $296 / Sq Ft |
| 05/30/2018 05/30/18 | Sold | $274,000 | -- | $146 / Sq Ft |
Source: Lakeway Area Association of REALTORS®
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 |
|---|---|---|---|---|
| 2024 | $1,798 | $76,525 | $11,825 | $64,700 |
| 2023 | $1,798 | $76,525 | $11,825 | $64,700 |
| 2022 | $1,757 | $76,525 | $11,825 | $64,700 |
| 2021 | $1,757 | $76,525 | $11,825 | $64,700 |
| 2020 | $1,968 | $76,525 | $11,825 | $64,700 |
| 2019 | $1,968 | $70,275 | $8,725 | $61,550 |
| 2018 | $1,701 | $70,275 | $8,725 | $61,550 |
| 2017 | $1,701 | $70,275 | $8,725 | $61,550 |
| 2016 | $1,701 | $70,275 | $8,725 | $61,550 |
| 2015 | $1,881 | $70,275 | $8,725 | $61,550 |
| 2014 | $1,881 | $75,222 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Felix Valdes
-
IAN CULLEN
I
Buyer's Agent in 2023
IAN CULLEN
Tennessee Valley Appraisal Services
(423) 746-0027
3,331 Total Sales
-
N
Buyer's Agent in 2023
Non Member
Non Member - Sales
-
Mike Newman
M
Seller's Agent in 2018
Mike Newman
Home & Garden Real Estate
(865) 932-7000
142 Total Sales
-
P
Buyer's Agent in 2018
Phyllis Reed
Clinch Mountain Realty & Aucti
Map
Similar Homes in Rutledge, TN
Source: Lakeway Area Association of REALTORS®
MLS Number: 700178
APN: 069M-C-008.00
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