NOT LISTED FOR SALE

Estimated Value: $1,433,000 - $1,744,385

3 Beds
3.5 Baths
3,750 Sq Ft
$430/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $1,175,000 $313 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $8,980/month

Highlights

  • Lake Front
  • Mountain View
  • Recreation Room
  • Landscaped Professionally
  • Deck
  • Traditional Architecture

About This Home

As of April 2021

Immaculate brick and stone custom-built lakefront home in the serene gated community of Rarity Bay. Lake & Mountain Views from all rooms. Perfect open floor plan for entertaining with rich engineered hardwood floors and tile in wet areas. Living Room has cathedral ceiling, stone fireplace and wall of windows overlooking the lake. Music Room in the Round with space for your grand piano. Large chef's kitchen with stainless appliances, quartz countertops and rich wood cabinetry. Spacious Master Suite with large walk-in closet. Enjoy your morning coffee in the Breakfast Room while watching the sunrise over the lake. Elevator. Lower Level entertainment area including wet bar and multiple seating areas. Two guest bedrooms with ensuite baths. Office/fourth Bedroom. Workshop or fitness room/.... Paver driveway and lower level patio. Composite deck. Mature landscaping meticulously maintained. Neighborhood dock rights. HOA $960 per year. Social membership initiation fee $5,000 due at closing. Monthly social fee $200. Food minimum $900 per year. Golf membership optional. Championship golf course with fantastic views from every hole.

Last Agent to Sell the Property

Christina Purcell

ReMax Preferred Properties, In License #352389 Listed on: 02/07/2021

ReMax Preferred Properties, In

Last Buyer's Agent

Polly Harrison

Lakefront Living, On the Lake License #351395

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,614

Year Built

  • Built in 2019

Lot Details

  • 0.38 Acre Lot
  • Lake Front
  • Landscaped Professionally

HOA Fees

  • $80 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Stone Siding

Interior Spaces

  • 3,750 Sq Ft Home
  • Stone Fireplace
  • Insulated Windows
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Home Office
  • Recreation Room
  • Utility Room
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • Balcony
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • Association fees include security, some amenities
  • Rarity Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078G D 004.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,614

Year Built

Built in 2019

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Directions: Route 72 Rarity Bay. Gated Community. Agents present business card at gate. Rarity Bay Parkway to right at Cormorant Drive. Home on left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2019
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.38
  • Subdivision Name: Rarity Bay
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave, Washer
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Flooring: Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Wood, Windows - Insulated, Patio, Prof Landscaped, Deck, Cable Available (TV Only), Balcony
  • View: Mountain View
  • Lot Features: Lakefront, Other
  • Construction Type: Stone, Brick

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, Side/Rear Entry, Main Level

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 960.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Fee Information

  • Association Fee Includes: Security, Some Amenities

Lot Info

  • Lot Size Sq Ft: 16552.8
  • Parcel #: 078G D 004.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2021
Closed on
Apr 1, 2021
Sold by
Coleman Shirley and Coleman Ronald
Bought by
Taylor Keith John and Taylor Tammy Anne
Seller's Agent
Christina Purcell
ReMax Preferred Properties, In
Buyer's Agent
Polly Harrison
Lakefront Living, On the Lake
Sold Price
$1,175,000
Current Estimated Value
$1,610,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,795
Avg. Annual Appreciation
7.23%
Original Mortgage
$635,000
Outstanding Balance
$572,124
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$1,038,671

Purchase Details

Listed on
Jan 10, 2017
Closed on
Mar 23, 2017
Sold by
Jacobsen Ryan N
Bought by
Coleman Shirley and Coleman Ronald
Seller's Agent
Luke Noe
Rarity Bay Properties, LLC
Buyer's Agent
Susan Pollitte
Rarity Bay Real Estate Company, Inc.
Sold Price
$200,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
55.69%
Original Mortgage
$170,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2013
Sold by
Atchley James A
Bought by
Jacobsen Ryan N and Jacobsen Sharon J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,375
Interest Rate
4.13%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 20, 2009
Sold by
Hood Robert I
Bought by
Atchley James A

Purchase Details

Closed on
Dec 29, 2004
Sold by
Caldwell Kenneth E
Bought by
Hood Robert I
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Taylor Keith John $1,175,000 Tellico Title Services Inc
Coleman Shirley $200,000 --
Jacobsen Ryan N $227,500 --
Atchley James A $335,000 --
Hood Robert I $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Keith John $635,000
Previous Owner Coleman Shirley $170,000
Previous Owner Jacobsen Ryan N $193,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2021 04/02/21 Sold $1,175,000 +487.5% $313 / Sq Ft
04/04/2017 04/04/17 Sold $200,000 -- $53 / Sq Ft View Prior Sale
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
2025 $4,614 $303,875 $87,500 $216,375
2023 $4,614 $303,875 $0 $0
2022 $4,614 $303,875 $87,500 $216,375
2021 $4,595 $303,875 $87,500 $216,375
2020 $3,992 $302,625 $87,500 $215,125
2019 $3,865 $221,350 $50,000 $171,350
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

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1142241

East Tennessee REALTORS® MLS

APN: 078G-D-004.00