NOT LISTED FOR SALE

450 Cormorant Dr Vonore, TN 37885

Tellico Village Neighborhood

Estimated Value: $1,428,000 - $2,006,074

0.37 Acre
$4,620,997 Price per Acre
16,117 Sq Ft Lot

Last Sold December 11, 2017

Last sale price $209,000

Est. 718% increase in value since last sale

Current estimated payment $9,529/month

154 Days on Market

Highlights

  • Lake Front
  • Mountain View
  • Lot Has A Rolling Slope
  • Golf Course Community
  • Private Lot

About This Lot

As of December 2017

Stunning Tellico Lake views with Great Smoky Mountain Views with an easy slope to the shoreline. Surrounded by luxurious homes. Seller is very motivated.

Last Agent to Sell the Property

Luke Noe

Rarity Bay Properties, LLC License #304073 Listed on: 05/22/2017

Last Buyer's Agent

Susan Pollitte

Rarity Bay Real Estate Company, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,101

Lot Details

  • 0.37 Acre Lot
  • Lake Front
  • Private Lot
  • Lot Has A Rolling Slope
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $66 Monthly HOA Fees

Property Views

  • Mountain Views

Listing and Financial Details

  • Assessor Parcel Number 078g D 008.00

Community Details

Overview

  • Rarity Bay Subdivision

Recreation

  • Golf Course Community
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$5,101

Lot Details

0

HOA Fees

$66 per month

Listing Details

  • Directions: From Knoxville driving I-75 south to exit 72, turn left onto hwy. 72w and drive 13.3 miles to entrance of Rarity Bay on your left. Continue on Rarity Bay Parkway till the Bay Pointe gates, then a hard right onto Cormorant. Look for the home on 470 Cormorant and the vacant lot is to the right of the home.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.37
  • Lot Size: F-111.61 L-141.96 R-142.58 Back-112.22
  • Subdivision Name: Rarity Bay
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain View
  • Lot Features: Golf Community, Lake Access, Lakefront, Private, Rolling, Waterfront Access
  • Topography: {"Partially Cleared":true}

Condo/Co-op/Association

  • Association Fee: 793.0
  • Association Fee Frequency: Yearly

Lot Info

  • Lot Size Sq Ft: 16117.2
  • Parcel #: 078g D 008.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2017
Closed on
Nov 24, 2017
Sold by
Tringale Joseph J and Tringale Janet M
Bought by
Montgomery Steven D and Montgomery Debra A
Seller's Agent
Luke Noe
Rarity Bay Properties, LLC
Buyer's Agent
Susan Pollitte
Rarity Bay Real Estate Company, Inc.
Sold Price
$209,000
Current Estimated Value
$1,709,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,500,769
Avg. Annual Appreciation
30.61%
Original Mortgage
$177,650
Outstanding Balance
$97,916
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,611,853

Purchase Details

Closed on
Jul 25, 2000
Sold by
Tellico Lake Properties Lp
Bought by
Joseph Tringale
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
Montgomery Steven D $209,000 Tellico Title Services Inc
Joseph Tringale $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montgomery Steven D $177,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2017 12/11/17 Sold $209,000 -- --
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
2025 $5,101 $336,000 $81,250 $254,750
2023 $5,101 $336,000 $0 $0
2022 $5,101 $336,000 $81,250 $254,750
2021 $5,101 $336,000 $81,250 $254,750
2020 $1,014 $81,250 $81,250 $0
2019 $1,014 $56,250 $56,250 $0
2018 $1,014 $56,250 $56,250 $0
2017 $1,014 $56,250 $56,250 $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

  • Luke Noe

    Seller's Agent in 2017

    Luke Noe

    Rarity Bay Properties, LLC

    (865) 389-3070

    73 in this area

    170 Total Sales

    Luke Noe
    Section Image

  • S

    Buyer's Agent in 2017

    Susan Pollitte

    Rarity Bay Real Estate Company, Inc.

  • S

    Buyer's Agent in 2017

    Susan Smith

    River Rock Real Estate Group

    (888) 727-4892

    2 in this area

    3 Total Sales

    Susan Smith
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1003513

East Tennessee REALTORS® MLS

APN: 078G-D-008.00

Tennessee Loudon County Vonore 37885 Tellico Village

450 Cormorant Dr, Vonore, TN

This home is located at 450 Cormorant Dr, Vonore, TN 37885 since 22 May 2017 and is currently estimated at $1,709,769. 450 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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