NOT LISTED FOR SALE

390 Cormorant Dr Vonore, TN 37885

Tellico Village Neighborhood

Estimated Value: $434,000 - $1,068,000

0.39 Acre
$1,673,074 Price per Acre
16,988 Sq Ft Lot

Last Sold May 18, 2021

Last sale price $320,000

Est. 104% increase in value since last sale

Current estimated payment $3,731/month

4 Days on Market

Highlights

  • Lake Front
  • Golf Course Community
  • Mountain View

About This Lot

As of May 2021

Amazing opportunity to build your dream lakefront home on a fantastic lot featuring a GENTLE SLOPE, located off the main channel, views, and in the beautiful Rarity Bay community on Tellico Lake. This gorgeous lot is perfect for a large crawl space or walkout basement with spectacular long range lake and mountain views and a near flat walk to the water. This lot has permitted access to neighborhood dock nearby. Hurry, there are only so many lakefront lots in Rarity Bay left and NONE with this gentle of a slope!

Last Agent to Sell the Property

Polly Harrison

Lakefront Living, On the Lake License #351395 Listed on: 04/07/2021

Co-Listed By

Alan Patterson

Lakefront Living, On the Lake License #359908

Last Buyer's Agent

Christina Purcell

ReMax Preferred Properties, In License #352389

ReMax Preferred Properties, In

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $949

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 139x149x94x142
  • Lake Front
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $80 Monthly HOA Fees

Property Views

  • Mountain
  • Seasonal

Listing and Financial Details

  • Assessor Parcel Number 078G D 002.00 000

Community Details

Overview

  • Rarity Bay Subdivision

Recreation

  • Golf Course Community

Property Details

Property Type

Land

Est. Annual Taxes

$949

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Directions: I-75 to exit 72 (Loudon). Turn east, proceed 13.2 miles to Rarity Bay; entrance on left.
  • Prop. Type: Lots & Acreage
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.39
  • Lot Size: 139x149x94x142
  • Co List Office Mls Id: 719
  • Co List Office Phone: 423-519-3258
  • Subdivision Name: Rarity Bay
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain View, Seasonal Lake View
  • Lot Features: Golf Community, Lakefront
  • Topography: {"Cleared":true}

Condo/Co-op/Association

  • Association Fee: 960.0
  • Association Fee Frequency: Yearly

Lot Info

  • Lot Size Sq Ft: 16988.4
  • Parcel #: 078G D 002.00 000
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2011
Sold by
Suntrust Bank
Bought by
Weston Scott D
Current Estimated Value
$652,499

Purchase Details

Closed on
May 29, 2009
Sold by
Najjar Edward R
Bought by
Suntrust Bank

Purchase Details

Closed on
Jan 7, 2005
Sold by
Tellico Lake Properties Lp
Bought by
Najjar Edward R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
5.61%
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
Weston Scott D $120,000 --
Suntrust Bank $289,900 --
Najjar Edward R $374,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Najjar Edward R $272,043
Previous Owner Najjar Edward R $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $320,000 -- --
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 $949 $62,500 $0 $0
2022 $949 $62,500 $62,500 $0
2021 $949 $62,500 $62,500 $0
2020 $902 $62,500 $62,500 $0
2019 $902 $50,000 $50,000 $0
2018 $902 $50,000 $50,000 $0
2017 $902 $50,000 $50,000 $0
2016 $1,046 $56,250 $56,250 $0
2015 $1,046 $56,250 $56,250 $0
2014 $1,046 $56,250 $56,250 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Polly Harrison

    Lakefront Living, On the Lake

    (865) 776-5588

    39 in this area

    105 Total Sales

    Section Image

  • A

    Seller Co-Listing Agent in 2021

    Alan Patterson

    Lakefront Living, On the Lake

    (865) 466-3431

    1 in this area

    5 Total Sales

    Section Image
  • Christina Purcell

    Buyer's Agent in 2021

    Christina Purcell

    RE/MAX

    47 in this area

    73 Total Sales

    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1148331

East Tennessee REALTORS® MLS

APN: 078G-D-002.00

Tennessee Loudon County Vonore 37885 Tellico Village

390 Cormorant Dr, Vonore, TN

This home is located at 390 Cormorant Dr, Vonore, TN 37885 since 07 April 2021 and is currently estimated at $652,499. 390 Cormorant Dr is a home located in Loudon County with nearby schools including Loudon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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