NOT LISTED FOR SALE

485 Baye Rd Rutledge, TN 37861

Estimated Value: $487,321 - $541,000

2 Beds
2 Baths
1,960 Sq Ft
$265/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $389,000 $198 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,865/month

10 Days on Market

Highlights

  • Lake View
  • Contemporary Architecture
  • Bonus Room
  • Deck
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of December 2021

*2 BEDROOMS WITH ANOTHER ROOM THAT IS USED AS A COMPLETE 3RD BEDROOM* Our company has sold quite a few homes in the Cherokee Lake area, and this is one of the best buys we have ever listed. Especially considering that we are now in a Seller's Market. The home is not lakefront but has views of Cherokee Lake from both the outside and throughout the inside. Built in 1998, the one owner home has never been on the market before and could use a bit of updating. But, down the street we sold a similar home, for a similar price, months before the big upsurge in real estate prices. So, this one is a steal at this price. Built with brick and vinyl, removing the costly upkeep of painting the exterior walls, overhangs, and eaves and designed for someone that does not want to climb stairs. All the living space, including the Master and 2 more rooms that are being used as bedrooms, are on the main floor, separate from the basement. And, if you enter the basement, there is a second driveway which grants you entry. No stairs to climb. The basement is unfinished except for one small entertainment room. The rest consists of the garage section, which is large enough to accommodate a boat, kayaks, jet skis, mowers, cars, whatever you choose. This space is just over forty feet long. The second half of the basement can be used for storage or as a workshop. Or, if you wish to fully finish it as extra living space, the foundation is there for you to do so, and you can wind up with roughly 4,000 square feet of living space. The ample back yard creates opportunities for adding a swimming pool, gazebo, you name it. Greenlee Vacation Campground is visible from the rear. So, if you choose, the yard creates the opportunity for the planting of trees creating a canopy of privacy and shade. HOAs fee of $100 a year, low property taxes, a magnificent view of Cherokee Lake and its proximity to Jefferson City, Morristown, and Knoxville makes this home a special buy to Live the Cherokee Lake Life!

Last Agent to Sell the Property

Felix Valdes

Cherokee Lake Realty License #314535 Listed on: 10/20/2021

Last Buyer's Agent

IAN CULLEN

Tennessee Valley Appraisal Services License #1778

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,301

Year Built

  • Built in 1998

Lot Details

  • 0.66 Acre Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 5 Car Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Double Pane Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Window Treatments
  • Living Room
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Fiber Optics Available
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 16.00

Community Details

Overview

  • Mallard Bay Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,301

Year Built

Built in 1998

Lot Details

0

HOA Fees

$8 per month

Parking

5

Listing Details

  • Carport Y N: No
  • Year Built: 1998
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.66
  • Lot Size: 123/203/130/230
  • Subdivision Name: Mallard Bay
  • Directions: Off Lakeshore Drive enter Mallard Baye Subdivision and make an immediate left. Home will be on the left, number on mailbox.
  • Above Grade Finished Sq Ft: 1680.0
  • Architectural Style: Contemporary
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 1300.6
  • Location Tax and Legal:Tax Year2: 2019
  • Location Tax and Legal:Parcel Number2: 16.00
  • General Property Information:Lot Size Acres: 0.66
  • General Property Information:Lot Size Dimensions: 123/203/130/230
  • General Property Information:Waterfront YN: No
  • Utilities:Cable Available: Yes
  • General Property Information:Living Area2: 1960.0
  • General Property Information:Above Grade Finished Area: 1680.0
  • General Property Information:Below Grade Finished Area: 280.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: No
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: Yes
  • Additional Dwelling:Additional Dwelling YN: No
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Cooling:Heat Pump: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Roof:Shingle: Yes
  • Room Types:Basement3: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • Utilities:Natural Gas Available: Yes
  • Cooling:Electric: Yes
  • Room Types:Bonus Room: Yes
  • Utilities:Fiber Internet: Yes
  • Appliances Microwave: Yes
  • Architectural Style:Contemporary: Yes
  • Laundry Features:Main Level: Yes
  • View:Lake3: Yes
  • Water Source:Well: Yes
  • Utilities:DSL Internet: Yes
  • Utilities:Satellite Internet: Yes
  • Percent Basement Finished: Yes
  • Flooring:Concrete3: Yes
  • Room Types:Laundry: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Concrete, Hardwood, Tile, Vinyl
  • Appliances: Dishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Basement: Block, Finished, Full, Unfinished, Walk-Out Access
  • Interior Amenities: Ceiling Fan(s), Pantry, Walk-In Closet(s)
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 280.0
  • Fireplace: No
  • Living Area: 1960.0
  • Window Features: Double Pane Windows, Insulated Windows, Vinyl Clad Frames, Window Treatments
  • Appliances Dishwasher: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Basement:Block: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances Range: Yes
  • Appliances:Range Hood: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Electric Water Heater: Yes
  • Appliances:Electric Cooktop: Yes
  • Basement:Walk-Out Access: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Rolling Slope, Other
  • Waterfront: No
  • Home Warranty: Yes
  • Construction Type: Asphalt, Block, Brick, Vinyl Siding
  • Foundation Details: Block
  • Other Structures: None
  • Patio And Porch Features: Covered, Deck, Porch
  • Construction Materials:Block2: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Other21: Yes
  • Window Features:Window Treatments: Yes
  • Window Features:Vinyl Clad Frames: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features: Basement, Garage, Garage Door Opener, Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 5.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Kitchen Level: Yes
  • General Property Information:Carport YN: No
  • Parking Features:Basement2: Yes
  • Parking Features:Asphalt: Yes

Utilities

  • Cooling: Electric, Heat Pump
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Available, DSL Internet, Fiber Internet, Satellite Internet
  • Heating:Heat Pump2: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Amenities: Cable TV, Laundry
  • Association Fee: 8.33
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 8.33
  • General Property Information:Association Fee Frequency: Monthly
  • Association Amenities:Cable TV: Yes
  • Horse Amenities:None10: Yes

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 28749.6
  • Parcel #: 16.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1300.6
  • Tax Map Number: 069M
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 3, 2021
Sold by
Pogue Tora Kay and Estate Of Randall Hughes Ander
Bought by
Holt Danny J and Holt Teresa
Seller's Agent
Felix Valdes
Cherokee Lake Realty
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$394,900
Sold Price
$389,000
Premium/Discount to List
-$5,900
-1.49%
Current Estimated Value
$519,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,330
Avg. Annual Appreciation
10.28%

Purchase Details

Closed on
Jan 6, 1997
Sold by
Bunch Don
Bought by
Collins Doug H

Purchase Details

Closed on
Aug 19, 1994
Bought by
Bunch Don
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
Holt Danny J $389,000 Jefferson Title Inc
Collins Doug H $16,000 --
Bunch Don -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2021 12/02/21 Sold $389,000 -1.5% $198 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/20/2021 10/20/21 For Sale $394,900 -- $201 / Sq Ft
Source: Lakeway Area Association of REALTORS®

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 $1,236 $52,575 $8,250 $44,325
2023 $1,236 $52,575 $8,250 $44,325
2022 $1,207 $52,575 $8,250 $44,325
2021 $1,207 $52,575 $8,250 $44,325
2020 $1,301 $52,575 $8,250 $44,325
2019 $1,301 $46,450 $4,400 $42,050
2018 $1,124 $46,450 $4,400 $42,050
2017 $1,124 $46,450 $4,400 $42,050
2016 $1,124 $46,450 $4,400 $42,050
2015 $1,211 $46,450 $4,400 $42,050
2014 $1,211 $48,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 604543

Lakeway Area Association of REALTORS®

APN: 069M-D-016.00