Seller's Agent in 2022
Tom Sturm
Tennessee Home Finders, LLC
(513) 470-8785
13 in this area
241 Total Sales
530 Ruth Cir Sharps Chapel, TN 37866
Chuck Swan NeighborhoodEstimated Value: $725,000 - $1,537,000
5
Beds
5
Baths
4,290
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- Lake Front
- Mountain View
- Dock Permitted
- Lake Property
- Contemporary Architecture
- Recreation Room
About This Home
As of May 2022Stunning 2017 S&S Custom Homes lakefront luxury ranch plan on an acre in the beautiful community of Sunset Bay just minutes from the clubhouse and marina. Open and spacious 4,290 sq ft plan features 5 bd, 4 full and 2 half bath entertainer's dream with large kitchen quartz countertops, 4' island with seating, 2 pantries, upgraded stainless steel appliances, plus walk-outs from dining and great room to full-width part-covered composite deck. Big windows capture panoramic lakefront and sunset views to the rear and sunrise / mountain views from the front including a slate front covered porch. Concrete path offers no steps to the lake with a single slip covered dock with lift, storage, and 2 jet ski ports and a stone fire pit completing the outdoor amenities. 10' main floor and 9' lower level ceilings; floor-to-ceiling stone fireplace with gas logs open beneath the real wood beamed cathedral shiplap ceilings in the hearth and great room. Luxury lakefront owner's suite on the main level includes 2-person walk in shower, double vanity, walk-in closet and walk-out to lakeside deck. Three lower level bedrooms, 2.5 baths, laundry room with built in cabinetry, a rec room and walk-outs to full width slate lakefront patios, while above the two car garage a fifth bedroom with built-in bunkbeds/drawers to sleep 4, mini-split HVAC and 4th full bath maximize every available space with practical purpose. Beautifully decorated and meticulously appointed with reclaimed wood tray ceilings in dining and owner's suite, bars on both levels, dual HVAC and HWHs, all move in ready with most furnishings and watercraft negotiable separately. Separate slip B007 at the marina also to convey (annual lease). Offers to be entertained thru Monday March 21 at 5 pm; seller reserves right to take an acceptable offer in advance.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,275
Year Built
- Built in 2017
Lot Details
- 0.99 Acre Lot
- Lake Front
HOA Fees
- $37 Monthly HOA Fees
Property Views
- Mountain Views
- Countryside Views
Home Design
- Contemporary Architecture
Interior Spaces
- 4,290 Sq Ft Home
- Stone Fireplace
- Gas Fireplace
- ENERGY STAR Qualified Windows
- Vinyl Clad Windows
- Great Room
- Dining Room
- Recreation Room
- Finished Basement
- Walk-Out Basement
- Home Security System
Kitchen
- Self-Cleaning Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Laminate
- Tile
- Slate Flooring
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Dryer
- Washer
Parking
- Attached Garage
- Parking Available
- Garage Door Opener
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Access To Lake
- Dock Permitted
- Lake Property
- Balcony
- Covered patio or porch
Utilities
- Zoned Heating and Cooling System
- Heat Pump System
- Power Generator
Community Details
- Association fees include security, some amenities
- Sunset Bay Subdivision
Listing and Financial Details
- Assessor Parcel Number 033 050.00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 19, 2022
Sold by
Scott Maddox Iii Clifford
Bought by
Culp Mark
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,425
Outstanding Balance
$118,051
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$1,070,733
Purchase Details
Closed on
Sep 11, 2013
Sold by
Hyfantis George
Bought by
Jones Bryan H and Jones Christy R
Purchase Details
Closed on
Oct 1, 2002
Bought by
Hyfantis George Hyfantis Gail L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Culp Mark | $169,900 | Roden Stanley F | |
| Culp Mark | $169,900 | Roden Stanley F | |
| Jones Bryan H | $89,900 | -- | |
| Jones Bryan H | $89,900 | -- | |
| Hyfantis George Hyfantis Gail L | $87,900 | -- | |
| Hyfantis George Hyfantis Gail L | $87,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Culp Mark | $127,425 | |
| Closed | Culp Mark | $127,425 | |
| Previous Owner | Culpepper Todd | $1,000,000 | |
| Previous Owner | Jones Bryan H | $473,000 | |
| Previous Owner | Jones Bryan H | $600,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/02/2022 05/02/22 | Sold | $1,450,000 | -3.3% | $338 / Sq Ft |
| 03/07/2022 03/07/22 | For Sale | $1,499,000 | -- | $349 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Tax History Compared to Growth
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 | $3,275 | $172,375 | $25,000 | $147,375 |
| 2023 | $3,088 | $162,525 | $25,000 | $137,525 |
| 2022 | $2,584 | $162,525 | $25,000 | $137,525 |
| 2021 | $2,276 | $106,350 | $25,000 | $81,350 |
| 2020 | $2,276 | $106,350 | $25,000 | $81,350 |
| 2019 | $2,276 | $106,350 | $25,000 | $81,350 |
| 2018 | $2,276 | $106,350 | $25,000 | $81,350 |
| 2017 | $535 | $25,000 | $25,000 | $0 |
| 2016 | $895 | $41,250 | $41,250 | $0 |
| 2015 | $895 | $41,250 | $41,250 | $0 |
| 2014 | -- | $41,250 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tom Sturm
-
Wil Glafenhein
Buyer's Agent in 2022
Wil Glafenhein
Honors Real Estate Services LLC
(865) 363-4321
1 in this area
538 Total Sales
Map
Similar Homes in Sharps Chapel, TN
Source: East Tennessee REALTORS® MLS
MLS Number: 1183008
APN: 033-050.00
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.
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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