NOT LISTED FOR SALE

Estimated Value: $665,000 - $1,105,000

4 Beds
3.5 Baths
3,240 Sq Ft
$280/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $524,900 $162 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,298/month

24 Days on Market

Highlights

  • Lake Front
  • Deck
  • 2 Fireplaces
  • Clubhouse
  • Traditional Architecture
  • Community Pool

About This Home

As of December 2019

Affordable lakefront living at this beautiful home at Sunset Bay in Sharps Chapel, TN. Enjoy 4 bedrooms, 3.5 baths and 3,240 sq ft of living space with two car garage. Amenities include cathedral ceilings, hardwood flooring, 2 gas log stone fireplaces, ceiling fans, central A/C, island in kitchen, all Stainless Steel appliances, range/oven, refrigerator, dishwasher, disposal, screened in porch, master bedroom main level with patio access, his/her vanity sinks, walk-in closets, loft style office space, great room with bar, extra storage space, back-up generator and boat dock with swim platform. Call today for a personal tour of this lake house on Norris Lake! Sunset Bay Lakefront Community amenities include access to club house, exercise room, swimming pool, tennis courts.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,273

Year Built

  • Built in 2005

Lot Details

  • 0.61 Acre Lot
  • Lake Front

HOA Fees

  • $35 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • 3,240 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Carpet
  • Property Views
  • Finished Basement

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Outdoor Gas Grill

Utilities

  • Cooling Available
  • Heating System Uses Propane

Listing and Financial Details

  • Tax Lot 186
  • Assessor Parcel Number 033 16000 000

Community Details

Overview

  • Sunset Bay Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,273

Year Built

Built in 2005

Lot Details

0

HOA Fees

$35 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2005
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Oven
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Wood, Other
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Finished
  • Building Area Units: Square Feet
  • Living Area: 3240
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Gas Grill, Storage Building
  • Construction Type: Fiber Cement, Frame
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Propane, Other
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Security System, Smoke Detector(s)

Condo/Co-op/Association

  • Association Fee: 425
  • Association Fee Frequency: Annually
  • Amenities: Clubhouse, Pool, Tennis Court(s)
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Other
  • Lot Size Acres: 0.61
  • Lot Size Units: Acres
  • Parcel #: 033 16000 000
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2273
  • Tax Lot: 186

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Dec 9, 2019
Sold by
Dell Larry E O
Bought by
Burns Scott H
List Price
$524,900
Sold Price
$524,900
Current Estimated Value
$908,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,579
Avg. Annual Appreciation
12.02%
Original Mortgage
$524,900
Outstanding Balance
$370,518
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$621,885

Purchase Details

Listed on
Jun 1, 2016
Closed on
Jul 28, 2016
Sold by
Corradi Mary
Bought by
Odell Larry E
Seller's Agent
Tom Sturm
Tennessee Home Finders, LLC
Buyer's Agent
Bo Caldwell
Slyman Real Estate
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$382,500
Interest Rate
3.48%
Mortgage Type
New Conventional
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
Burns Scott H $524,900 Southeastern T&E Llc
Burns Scott H $524,900 Southeastern T&E Llc
Odell Larry E $425,000 --
Odell Larry E $425,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burns Scott H $524,900
Closed Burns Scott H $524,900
Previous Owner Odell Larry E $382,500
Previous Owner Corradi Ernest A $227,200
Previous Owner Corradi Ernest A $226,500
Previous Owner Corradi Ernest A $50,000
Previous Owner Corradi Ernest A $173,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2019 12/09/19 Sold $524,900 0.0% $162 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $524,900 +23.5% $162 / Sq Ft
07/29/2016 07/29/16 Sold $425,000 -- $131 / Sq Ft
Source: Realtracs

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 $2,946 $155,075 $21,250 $133,825
2023 $2,946 $155,075 $21,250 $133,825
2022 $2,466 $155,075 $21,250 $133,825
2021 $2,273 $106,225 $21,250 $84,975
2020 $2,273 $106,225 $21,250 $84,975
2019 $2,273 $106,225 $21,250 $84,975
2018 $2,273 $106,225 $21,250 $84,975
2017 $2,273 $106,225 $21,250 $84,975
2016 $2,457 $113,225 $33,750 $79,475
2015 $2,457 $113,225 $33,750 $79,475
2014 $2,027 $113,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2848702

Realtracs

APN: 033-160.00