NOT LISTED FOR SALE

5036 Serenity Dr Mooresburg, TN 37811

Estimated Value: $74,315 - $86,000

0.99 Acre
$79,230 Price per Acre
43,124 Sq Ft Lot

Last Sold June 26, 2024

Last sale price $74,000

Est. 6% increase in value since last sale

Current estimated payment $479/month

35 Days on Market

Highlights

  • Access To Lake
  • Lake Privileges
  • Lot Has A Rolling Slope
  • Waterfront

About This Lot

As of June 2024

Legacy Bay is a waterfront gated community that allows site built homes with a minimum 1600 sq ft. Here is a beautiful .99 acre lot for your dream home. This is an immaculately maintained neighborhood on Cherokee Lake. Residents enjoy a clubhouse with exercise room, swimming pool, tennis court/pickle ball, boat ramp with parking for boat trailer and marina.. Well and septic are needed; underground utilities are available at the road. HOA dues are $496 annually and an optional $300 annual dock reservation. This private oasis is still very convenient to Morristown and surrounding East Tennessee attractions Plus magnificent water and mountain views. Client also has a pontoon boat for sale that is docked at the marina. If interested, I can send you the information. Information is deemed reliable but not guaranteed. Buyer and buyers agent to perform due diligence

Last Agent to Sell the Property

Thresa Dougherty

Greater Impact Realty Lakeway License #351960 Listed on: 04/16/2024

Last Buyer's Agent

Non Member

Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $131

Lot Details

  • 0.99 Acre Lot
  • Lot Dimensions are 91.27 x 312.05
  • Waterfront
  • Lot Has A Rolling Slope

HOA Fees

  • $41 Monthly HOA Fees

Schools

  • Mooresburg Elementary School
  • Rogersville Middle School
  • Cherokee High School

Utilities

  • Underground Utilities
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 078.00

Community Details

Overview

  • Legacy Bay Subdivision

Recreation

  • Access To Lake
  • Lake Privileges

Property Details

Property Type

Land

Est. Annual Taxes

$131

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Directions: From Rogersville, TN travel Hwy 11W toward Mooresburg. Turn left onto Slate Hill Road. Left onto Berry Dr, Enter Legacy Bay.
  • Prop. Type: Land
  • Subdivision Name: Legacy Bay
  • Location Tax Legal Info Parcel ID: 078.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.99
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Mooresburg
  • General Property Description Middle School2: Rogersville
  • General Property Description High School3: Cherokee
  • General Property Description HOA YN: Yes
  • General Property Description Home Warranty: No
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • General Property Description HOA Fee: 496.0
  • General Property Description Association Fee Frequency: Annually
  • Lot Features Rolling Slope2: Yes
  • Utilities Underground Utilities: Yes
  • Waterfront Features Lake Access: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Rolling Slope
  • Waterfront Features: Lake Privileges
  • Acres: 0.99
  • Waterfront: Yes
  • Home Warranty: No

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Underground Utilities
  • Water Source: Well
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 496.0
  • Association: Yes

Schools

  • Elementary School: Mooresburg
  • High School: Cherokee
  • Middle Or Junior School: Rogersville

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 91.27 X 312.05
  • Lot Size Sq Ft: 43124.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 078.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jun 24, 2024
Sold by
Hutchinson Gordon E and Hutchinson Kathy D
Bought by
Seibert Harry Timothy and Odum Laura
Seller's Agent
Thresa Dougherty
Greater Impact Realty Lakeway
Buyer's Agent
Non Member
Non Member
List Price
$78,000
Sold Price
$74,000
Premium/Discount to List
-$4,000
-5.13%
Views
7
Current Estimated Value
$78,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,438
Avg. Annual Appreciation
5.20%
Original Mortgage
$62,900
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2003
Sold by
Lake Developers Partnershi
Bought by
Hutchinson Kathy D
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
Seibert Harry Timothy $74,000 Colonial Title
Hutchinson Kathy D $36,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seibert Harry $67,118
Closed Seibert Harry Timothy $62,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2024 06/26/24 Sold $74,000 -5.1% --
05/22/2024 05/22/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $78,000 -- --
Source: Tennessee/Virginia Regional 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
2024 $131 $5,125 $5,125 --
2023 $119 $5,125 $0 $0
2022 $119 $5,125 $5,125 $0
2021 $111 $5,125 $5,125 $0
2020 $229 $5,125 $5,125 $0
2019 $229 $9,050 $9,050 $0
2018 $229 $9,050 $9,050 $0
2017 $229 $9,050 $9,050 $0
2016 $229 $9,050 $9,050 $0
2015 $223 $9,050 $9,050 $0
2014 $300 $12,150 $12,150 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9964567

Tennessee/Virginia Regional MLS

APN: 149C-B-015.00