NOT LISTED FOR SALE

5071 Serenity Dr Mooresburg, TN 37811

Estimated Value: $273,000 - $1,368,000

3 Beds
4.5 Baths
6,106 Sq Ft
$161/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $1,125,000 $184 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $5,848/month

37 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Community Lake
  • Boat Ramp
  • Lake Privileges
  • Clubhouse

About This Home

As of December 2022

This is a magnificent custom built home which boasts a location that fronts Cherokee Lake's main channel with 250 ft of deep water frontage. Enter the home... Pause...then walk to the terrace where you will experience the stately grandeur and strikingly beautiful water views. Inside the home you'll find special architectural features throughout...crown and chair molding, corbels, alcoves and more. There are tray ceilings, a cathedral ceiling and some special and unique ceiling designs. Natural oak hardwood flooring greets you in every room on every level. Granite shines on every counter in the home...kitchen, baths and laundry room. Multiple large bay windows on all levels flood the home with light...window grids on the sides and front---no grids on the rear to interrupt your views. Home has 4 bedrooms and 4 full baths and a half bath with over 6,000 sq ft finished living space. Other features include a main level master bedroom and laundry, two fireplaces, stamped concrete terrace, patio, porch and driveway, three walk-in closets and surplus storage areas. Master bedroom suite includes sitting area with gas fireplace, master bath with heated floors, soaking tub, infinity bath and steam shower. Three car garage and workroom, security system and lighting, sprinkler system and much more. Located in Legacy Bay with a clubhouse, in-ground pool, tennis courts, and boat dock. Come view this impressive home today.

Last Agent to Sell the Property

Tracey Bright

Re/Max Real Estate Ten Midtown License #315479 Listed on: 10/12/2022

Re/Max Real Estate Ten Midtown

Last Buyer's Agent

Nic Nicaud

Keller Williams Realty License #302707

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,446

Year Built

  • Built in 2007

Lot Details

  • 0.85 Acre Lot
  • Lake Front
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $41 Monthly HOA Fees

Parking

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

Property Views

  • Lake
  • Mountain

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Stone Veneer
  • Stucco

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Ventless Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Insulated Windows
  • Window Treatments
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Den
  • Bonus Room

Kitchen

  • Double Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on main level

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Lake Privileges
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Schools

  • Mooresburg Elementary School
  • Cherokee High School

Utilities

  • Multiple cooling system units
  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Propane
  • Private Water Source
  • Well
  • Electric Water Heater
  • Water Softener
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 010.00
  • Tax Block Ph111

Community Details

Overview

  • Legacybayhoa.Org Association
  • Legacy Bay Subdivision
  • Community Lake

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Boat Ramp
  • Boat Dock

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,446

Year Built

Built in 2007

Lot Details

0

HOA Fees

$41 per month

Parking

3

Listing Details

  • Carport Y N: No
  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.85
  • Lot Size: IRR
  • Water Body Name: Cherokee Lake
  • Subdivision Name: Legacy Bay
  • Directions: From Morristown, Hwy 25 North to 11W North (toward Rogersville), proceed to right on Slate Hill, Proceed to 2 1/4 miles to left on Berry Drive to end at gate.
  • Above Grade Finished Sq Ft: 3636.0
  • Architectural Style: Contemporary
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 4446.49
  • Location Tax and Legal:Tax Year2: 2021
  • Location Tax and Legal:Parcel Number2: 010.00
  • Location Tax and Legal:Tax Block: Ph111
  • General Property Information:Lot Size Acres: 0.85
  • General Property Information:Lot Size Dimensions: IRR
  • General Property Information:Waterfront YN: Yes
  • Utilities:Cable Available: Yes
  • Location Tax and Legal:Elementary School: Mooresburg Elementary
  • Location Tax and Legal:High School: Cherokee
  • General Property Information:Bathrooms Half: 1
  • General Property Information:Living Area2: 6106.0
  • General Property Information:Above Grade Finished Area: 3636.0
  • General Property Information:Below Grade Finished Area: 2470.0
  • General Property Information:New Construction YN: No
  • General Property Information:Fireplace YN: Yes
  • General Property Information:Spa YN: No
  • General Property Information:Home Warranty YN: No
  • Additional Dwelling:Additional Dwelling YN: No
  • Appliances Refrigerators: Yes
  • Cooling:Heat Pump: Yes
  • Flooring:Tile: Yes
  • Roof:Shingle: Yes
  • Room Types:Basement3: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Hardwood: Yes
  • Levels:Two: Yes
  • Security Features:Security System: Yes
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Appliances Disposal: Yes
  • Laundry Features:Laundry Room: Yes
  • Room Types:Bonus Room: Yes
  • Appliances Microwave: Yes
  • Water Softeners: Yes
  • Architectural Style:Contemporary: Yes
  • Laundry Features:Main Level: Yes
  • Utilities:Propane3: Yes
  • View:Lake3: Yes
  • Water Source:Private5: Yes
  • Water Source:Well: Yes
  • Room Types:Foyer: Yes
  • Room Types:Great Room2: Yes
  • Room Types:Den2: Yes
  • Other Structures:Workshop: Yes
  • View:Water3: Yes
  • Cooling:Multi Units: Yes
  • Room Types:Laundry: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Hardwood, Tile
  • Appliances: Dishwasher, Disposal, Double Oven, Down Draft, Electric Water Heater, Gas Cooktop, Microwave, Refrigerator, Water Softener
  • Basement: Exterior Entry, Full
  • Levels: Two
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), Solid Surface Counters, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Other
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 2470.0
  • Fireplace Features: Family Room, Gas Log, Primary Bedroom, Ventless
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 6106.0
  • Window Features: Double Pane Windows, Insulated Windows, Other, Window Treatments
  • Appliances Dishwasher: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Gas Log: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Interior Features:Solid Surface Counters: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Appliances:Down Draft: Yes
  • Appliances:Electric Water Heater: Yes
  • Fireplace Features:Family Room: Yes
  • Fireplace Features:Primary Bedroom: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Basement:Exterior Entry: Yes
  • Appliances:Gas Cooktop: Yes
  • Appliances:Double Oven: Yes
  • Full Basement: Yes
  • Fireplace Features:Ventless: Yes
  • Community Features:Boat Ramp: Yes
  • Interior Features:Other19: Yes
  • Interior Features:Tray Ceiling(s): Yes
  • Community Features:Other9: Yes
  • Community Features:Gated2: Yes
  • Community Features:Lake: Yes
  • Community Features:Pool2: Yes
  • Community Features:Tennis Court(s)2: Yes
  • Community Features:Clubhouse2: Yes

Exterior Features

  • Roof: Shingle
  • Lot Features: Cul-De-Sac, Level, Rolling Slope, Other
  • Waterfront Features: Lake Front, Lake Privileges, Navigable Water
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Stone Veneer, Stucco
  • Other Structures: Workshop
  • Patio And Porch Features: Covered, Patio, Other
  • Lot Features:Level: Yes
  • Window Features:Double Pane Windows: Yes
  • Patio And Porch Features:Covered2: Yes
  • Construction Materials:Stone Veneer: Yes
  • Lot Features:Rolling Slope: Yes
  • Lot Features:Other21: Yes
  • Patio And Porch Features:Patio: Yes
  • Construction Materials:Stucco: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Lake Privileges: Yes
  • Waterfront Features:Navigable Water: Yes
  • Window Features:Window Treatments: Yes
  • Window Features:Other3: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Patio And Porch Features:Other26: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Concrete, Garage, Garage Door Opener, Kitchen Level, Other
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 3.0
  • Parking Features:Concrete4: Yes
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Kitchen Level: Yes
  • General Property Information:Carport YN: No
  • Parking Features:Other24: Yes

Utilities

  • Cooling: Central Air, Heat Pump, Multi Units
  • Heating: Central, Electric, Forced Air, Propane, Zoned
  • Sewer: Septic Tank
  • Laundry Features: Laundry Room, Main Level
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Propane
  • Sewer Septic Tank: Yes
  • Heating:Central: Yes
  • Heating:Electric4: Yes
  • Heating:Propane2: Yes
  • Heating:Forced Air: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Community Features: Boat Ramp, Clubhouse, Gated, Lake, Pool, Tennis Court(s), Other
  • Amenities: Boat Dock, Laundry
  • Association Fee: 41.33
  • Association Fee Frequency: Monthly
  • Association Name: legacybayhoa.org
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 41.33
  • General Property Information:Association Fee Frequency: Monthly
  • General Property Information:Association Name: legacybayhoa.org
  • Horse Amenities:None10: Yes
  • Association Amenities:Boat Dock: Yes

Schools

  • Elementary School: Mooresburg Elementary
  • High School: Cherokee

Lot Info

  • Horse Amenities: None
  • Lot Size Sq Ft: 37026.0
  • Parcel #: 010.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4446.49
  • Tax Block: Ph111
  • Tax Map Number: 141M
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2022
Closed on
Dec 16, 2022
Sold by
Grayson Stephen and Grayson Laura
Bought by
Sennett Nicholas Martin
Seller's Agent
Tracey Bright
Re/Max Real Estate Ten Midtown
Buyer's Agent
Nic Nicaud
Keller Williams Realty
List Price
$1,417,000
Sold Price
$1,125,000
Premium/Discount to List
-$292,000
-20.61%
Current Estimated Value
$985,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$139,796
Avg. Annual Appreciation
-6.69%
Original Mortgage
$944,700
Outstanding Balance
$909,579
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$24,953

Purchase Details

Listed on
Sep 12, 2017
Closed on
Jan 22, 2018
Sold by
Fitch Ronald B
Bought by
Grayson Stephen and Grayson Laura
Seller's Agent
Non Member
Non Member - Sales
Buyer's Agent
Rosemary Adee
Crye-Leike Lakeway Real Estate
List Price
$849,500
Sold Price
$795,000
Premium/Discount to List
-$54,500
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.34%
Original Mortgage
$239,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2012
Sold by
Merical Ricky L Janet M
Bought by
Fitch Ronald B Judith D

Purchase Details

Closed on
Jul 25, 2005
Sold by
Strider William R
Bought by
Fitch Ronald B and Fitch Judith D

Purchase Details

Closed on
Oct 1, 2003
Sold by
Lake Developers Partnershi
Bought by
Strieder William R
Source: Public Records

Range of Values:

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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
Sennett Nicholas Martin $1,125,000 Colonial Title
Grayson Stephen $789,000 Colonial Title Group Inc
Fitch Ronald B Judith D $15,000 --
Fitch Ronald B $215,000 --
Strieder William R $135,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sennett Nicholas Martin $944,700
Previous Owner Grayson Stephen $239,000
Previous Owner Fitch Ronald B $385,000
Previous Owner Fitch Ronald B $399,000
Previous Owner Fitch Ronald B $360,000
Previous Owner Fitch Ronald B $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $1,125,000 -20.6% $184 / Sq Ft
11/18/2022 11/18/22 Pending -- -- --
10/12/2022 10/12/22 For Sale $1,417,000 +78.2% $232 / Sq Ft
01/22/2018 01/22/18 Sold $795,000 -6.4% $130 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $849,500 -- $139 / 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 $5,265 $206,100 $30,650 $175,450
2023 $4,791 $206,100 $0 $0
2022 $4,754 $205,125 $30,650 $174,475
2021 $4,446 $205,125 $30,650 $174,475
2020 $4,935 $205,125 $30,650 $174,475
2019 $4,942 $194,875 $43,225 $151,650
2018 $4,942 $195,150 $43,225 $151,925
2017 $4,942 $195,150 $43,225 $151,925
2016 $4,942 $195,150 $43,225 $151,925
2015 $4,810 $195,150 $43,225 $151,925
2014 $5,713 $231,775 $58,050 $173,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 610193

Lakeway Area Association of REALTORS®

APN: 149C-B-010.00