NOT LISTED FOR SALE

5040 Serenity Dr Mooresburg, TN 37811

Estimated Value: $86,000 - $91,000

0.84 Acre
$106,092 Price per Acre
36,590 Sq Ft Lot

Last Sold July 11, 2024

Last sale price $90,000

Est. 1% decrease in value since last sale

Current estimated payment $536/month

54 Days on Market

About This Lot

As of July 2024

LAKE LIFE IS THE BEST LIFE!!!! Build your dream home in Legacy Bay's exclusive gated community with breathtaking views of Cherokee Lake. Enjoy access to a covered marina, boat ramp, clubhouse with pool and gym, lighted tennis court, walking trails, and lakefront amenities, all for around $40 a month with the Homeowners Association. Just minutes away from multiple golf courses, Historic Rogersville and Morristown. Information deemed reliable but not guaranteed. Buyer/buyer's agent to verify all information.

Last Agent to Sell the Property

Cynthia Jackson

Cynthia Bundren Jackson Realty License #243977 Listed on: 04/30/2024

Last Buyer's Agent

Non Member

Non Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $121

Lot Details

  • 0.84 Acre Lot

HOA Fees

  • $41 Monthly HOA Fees

Schools

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

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • Legacy Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 149c B 016.00
  • Tax Block PH III

Property Details

Property Type

Land

Est. Annual Taxes

$121

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Directions: Highway 11W in Mooresburg to Slate Hill Rd. Follow 2 miles to left on Berry Drive. Enter gate at Legacy Bay.
  • Prop. Type: Land
  • Subdivision Name: Legacy Bay
  • Location Tax Legal Info Parcel ID: 149c B 016.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.84
  • 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
  • Location Tax Legal Info Block: PH III
  • General Property Description HOA Fee: 497.0
  • General Property Description Association Fee Frequency: Annually
  • Sewer None16: Yes
  • Water None17: Yes
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Acres: 0.84

Utilities

  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association Fee: 497.0
  • Association: Yes

Schools

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

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 260X125 IRR
  • Lot Size Sq Ft: 36590.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 149c B 016.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
Jul 12, 2024
Sold by
Munsey Otis Edward and Munsey Charlotte Ann
Bought by
Lcm Legacy Llc
Seller's Agent
Cynthia Jackson
Cynthia Bundren Jackson Realty
Buyer's Agent
Non Member
Non Member
List Price
$119,900
Sold Price
$90,000
Premium/Discount to List
-$29,900
-24.94%
Total Days on Market
54
Views
12
Current Estimated Value
$89,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$883
Avg. Annual Appreciation
2.57%

Purchase Details

Listed on
Oct 20, 2021
Closed on
Apr 19, 2022
Sold by
Stultz Robert D and Stultz Margaret E
Bought by
Munsey Otis Edward and Munsey Charlotte Ann
Seller's Agent
Terrie Ball
ReMax Real Estate Ten
Buyer's Agent
Non Member Non Member
Non-Member Office
List Price
$54,900
Sold Price
$47,000
Premium/Discount to List
-$7,900
-14.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.00%

Purchase Details

Closed on
Oct 24, 2003
Sold by
Lake Developers
Bought by
Stultz Robert 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
Lcm Legacy Llc $90,000 Lakeway Title Services
Munsey Otis Edward $47,000 None Listed On Document
Stultz Robert D $39,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2024 07/11/24 Sold $90,000 -9.9% --
06/24/2024 06/24/24 Pending -- -- --
05/29/2024 05/29/24 Price Changed $99,900 -16.7% --
04/30/2024 04/30/24 For Sale $119,900 +155.1% --
04/21/2022 04/21/22 Sold $47,000 0.0% --
04/21/2022 04/21/22 Sold $47,000 0.0% --
04/21/2022 04/21/22 Sold $47,000 0.0% --
04/11/2022 04/11/22 Pending -- -- --
04/09/2022 04/09/22 Pending -- -- --
01/18/2022 01/18/22 Off Market $47,000 -- --
10/21/2021 10/21/21 For Sale $54,900 0.0% --
02/16/2021 02/16/21 For Sale $54,900 -8.3% --
03/15/2019 03/15/19 For Sale $59,900 -- --
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 $121 $4,750 $4,750 --
2023 $110 $4,750 $0 $0
2022 $110 $4,750 $4,750 $0
2021 $103 $4,750 $4,750 $0
2020 $212 $4,750 $4,750 $0
2019 $212 $8,375 $8,375 $0
2018 $212 $8,375 $8,375 $0
2017 $212 $8,375 $8,375 $0
2016 $212 $8,375 $8,375 $0
2015 $206 $8,375 $8,375 $0
2014 $277 $11,250 $11,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9965185

Tennessee/Virginia Regional MLS

APN: 149C-B-016.00