Seller's Agent in 2017
Bryan Petett
Wallace Commercial
(865) 694-1760
11 in this area
11 Total Sales
431 Morganton Cove Greenback, TN 37742
Estimated Value: $827,000 - $1,449,000
3
Beds
4
Baths
2,515
Sq Ft
$444/Sq Ft
Est. Value
Highlights
- Lake Front
- Traditional Architecture
- Separate Formal Living Room
- Deck
- 2 Fireplaces
- 2 Car Attached Garage
About This Home
As of May 2022WHERE CAN YOU FIND A LIKE NEW LAKEFRONT HOME (UNDER 2 YEARS OLD) WITH THE LAKE JUST STEPS AWAY IN YOUR OWN BACKYARD? MOST LAKEFRONT HOMES HAVE A CLIMB TO THE LAKE-THIS BEAUTIFUL CRAFTSMAN STYLE LAKEFRONT HOME HAS AN EASY WALK TO THE LAKE AND FEATURES LAKEVIEWS GALORE FROM THIS IMMACULATE HOME! AMENITIES TO INCLUDE: 3 BEDROOMS ON MAIN, 2 BATHS, 2 HALF BATHS, CUSTOM LIGHTING THROUGHOUT, CUSTOM CABINETRY, VAULTED CEILINGS, GRAND ENTRANCE (W/CUSTOM WOOD FRONT DOORS), OPEN GREAT ROOM (W/LAKEFRONT VIEWS, VAULTED CEILING & SEE-THROUGH FIREPLACE), SEP. DINING ROOM (W/SEE-THROUGH FIREPLACE), OFFICE/DEN, CHEF'S STYLE KITCHEN (W/BREAKFAST ROOM, CUSTOM CABINETS, STAINLESS APPLIANCES INCLUDING A 6 BURNER GAS STOVE WITH GRIDDLE, 6 FT. REFRIGERATOR, LARGE ISLAND, SOLID SURFACE COUNTERTOPS & POT FILLER) OVERSIZED LAKEFRONT OWNER'S SUITE (W/VAULTED CEILING & WALK-IN CLOSET), CONNECTING OWNER'S SUITE BATHROOM (W/DOUBLE SINKS, CUSTOM TILE SHOWER, DRESSING TABLE & UPSCALE LIGHTING), 2 GUEST BEDROOMS, GUEST BATHROOM (W/LARGE VANITY, 2 VESSEL SINKS & TUB WITH TILE SURROUND), SEP. LAUNDRY ROOM (W/MUD SINK & CABINETRY) AND A 295 SQ FT. BONUS ROOM UPSTAIRS! EXTERIOR AMENITIES TO INCLUDE: COVERED FRONT PORCH, IRRIGATION (IN FRONT & BACKYARD), GREAT BACK PORCH LANAI (W/AMAZING LAKE VIEWS AND A WOOD BURNING FIREPLACE), GREAT STORAGE BASEMENT (WITH HALF BATH) AND A CUSTOM PRIVATE BOAT DOCK W/LIFT & EXTRA PARTY DECKING FOR YOUR LAKEFRONT GATHERINGS! LOCATED ON BEAUTIFUL TELLICO LAKE & ADJACENT TO EAST LAKESHORE NATIONAL RECREATION TRAIL COVERING OVER 30 MILES OF TELLICO LAKE SHORELINE- THIS PROPERTY IS CONVENIENTLY LOCATED IN AN UPSCALE LAKEFRONT COMMUNITY & ONLY 25 MIN. FROM KNOXVILLE & MINUTES TO MARYVILLE, LENOIR CITY OR MONROE COUNTY! THIS LIKE NEW, ONE OWNER IMMACULATE LAKEFRONT HOME IS A GREAT FIND ON ONE OF OUR CLEANEST LAKES!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $902
Year Built
- Built in 2020
Lot Details
- 0.77 Acre Lot
- Lake Front
- Level Lot
HOA Fees
- $32 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Frame Construction
- Stone Siding
Interior Spaces
- 2,515 Sq Ft Home
- Property has 2 Levels
- Ceiling Fan
- 2 Fireplaces
- Gas Fireplace
- Separate Formal Living Room
- Laminate Flooring
- Unfinished Basement
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Home Security
- Security Gate
- Fire and Smoke Detector
Outdoor Features
- Deck
Schools
- Greenback Elementary And Middle School
- Greenback High School
Utilities
- Cooling Available
- Central Heating
- High Speed Internet
- Cable TV Available
Community Details
- Morganton Landing Subdivision
Listing and Financial Details
- Assessor Parcel Number 078L A 01200 000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 4, 2022
Closed on
May 9, 2022
Sold by
Raper John C
Bought by
Abraham Charles T and Abraham Renee E
List Price
$1,300,000
Sold Price
$1,220,000
Premium/Discount to List
-$80,000
-6.15%
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
-$102,674
Avg. Annual Appreciation
-2.58%
Original Mortgage
$520,000
Outstanding Balance
$487,164
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$630,162
Purchase Details
Listed on
Nov 24, 2015
Closed on
Feb 17, 2017
Sold by
Bakers Creek Partnership
Bought by
Raper John C and Raper Brenda
Seller's Agent
Bryan Petett
Wallace Commercial
Buyer's Agent
Bryan Petett
Wallace Commercial
Sold Price
$199,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.32%
Original Mortgage
$159,900
Interest Rate
4.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 9, 2014
Sold by
Sigmon Edith R
Bought by
Bakers Creek Partnership
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 |
|---|---|---|---|
| Abraham Charles T | $122,000 | Independence Title & Escrow In | |
| Raper John C | $199,900 | -- | |
| Bakers Creek Partnership | $825,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Abraham Charles T | $520,000 | |
| Previous Owner | Raper John C | $250,000 | |
| Previous Owner | Raper John C | $402,500 | |
| Previous Owner | Raper John C | $159,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2022 05/10/22 | Sold | $1,220,000 | -6.2% | $485 / Sq Ft |
| 04/11/2022 04/11/22 | Pending | -- | -- | -- |
| 04/04/2022 04/04/22 | For Sale | $1,300,000 | +550.3% | $517 / Sq Ft |
| 02/17/2017 02/17/17 | Sold | $199,900 | -- | -- |
Source: Realtracs
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 |
|---|---|---|---|---|
| 2025 | $2,827 | $159,875 | $50,000 | $109,875 |
| 2023 | $2,427 | $159,875 | $0 | $0 |
| 2022 | $2,331 | $153,550 | $50,000 | $103,550 |
| 2021 | $2,331 | $153,550 | $50,000 | $103,550 |
| 2020 | $902 | $153,550 | $50,000 | $103,550 |
| 2019 | $902 | $50,000 | $50,000 | $0 |
| 2018 | $902 | $50,000 | $50,000 | $0 |
| 2017 | $902 | $50,000 | $50,000 | $0 |
| 2016 | $674 | $36,250 | $36,250 | $0 |
| 2015 | $674 | $36,250 | $36,250 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bryan Petett
Map
Source: Realtracs
MLS Number: 2875838
APN: 078L-A-012.00
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