NOT LISTED FOR SALE

535 Rarity Bay Pkwy Unit 301 Vonore, TN 37885

Estimated Value: $359,000 - $445,000

3 Beds
2 Baths
1,511 Sq Ft
$260/Sq Ft Est. Value

Last Sold September 12, 2024

Last sale price $409,000 $271 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,162/month

About This Home

Views, views, views! Your retirement lifestyle awaits within the gated Rarity Bay community! This highly sought after 1511 sq ft, third-story condominium unit, that has an elevator conveniently located steps from your entry way, sets at the highest point in Rarity Bay. This corner condo unit provides unsurpassed views of the Smokey Mountains, Tellico Lake, a fairway pond with fountain, the 18th fairway green, and Rarity Bay Country Club. This 3 bedroom, 2 bath Renoir model condo provides the largest Renaissance patio available which is positioned at the 18th fairway 150' marker for watching the golfers avoid the pond as they chip to the 18th green. Walking distance to pickle ball courts, tennis courts, swimming pool, pro-shop, driving range, golf course, workout facility, country club restaurant, bar, walking trails, boat docks, and equestrian facility. For those of you who like to travel, just lock the door and go; all external maintenance is provided. This unit is located within the newest Renaissance condo building built in 2008. Renaissance condos just had new roofs installed at the beginning of June 2024. A new forced air unit and water heater were installed in 2022 for this unit. Included with this condo are a completely enclosed garage, outdoor parking space, and two storage lockers.

Water, landscaping, trash, sewer, pest extermination, and condo building insurance are included in your monthly Renaissance HOA fee.
The condo unit owner is responsible for HO-6 internal condo insurance and individual electricity usage.

Rarity Bay CAI community: $92 / month
Renaissance Condos HOA: $500 / month
Rarity Bay Country Club: $250 / month
Restaurant food minimum: $50 / month

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Sep 12, 2024
Sold by
Wright Trust and Wright Martin B
Bought by
Campanile Diane and Campanile Anthony Brian
Seller's Agent
Karen Packett
Lake Homes Realty of East Tennessee
Buyer's Agent
Chad Shelton
Realty Executives Associates
List Price
$419,000
Sold Price
$409,000
Premium/Discount to List
-$10,000
-2.39%
Views
135
Current Estimated Value
$392,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,617
Avg. Annual Appreciation
-3.60%
Original Mortgage
$327,200
Outstanding Balance
$323,397
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$68,986

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 22, 2021
Sold by
Bullock Ethel M and The Ethel M Bullock Family Tru
Bought by
Wright Martin B and Wright Anita P
Seller's Agent
Brian Kincaid
Lake Homes Realty
Buyer's Agent
Michelle Ham
Lakefront Living, On the Lake
Sold Price
$250,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.56%

Purchase Details

Listed on
Mar 19, 2020
Closed on
Oct 9, 2020
Sold by
Lewis Juanita S
Bought by
Bullock Ethel M and The Ethel M Bullock Family Trust
Seller's Agent
Sam Allen
Lakefront Living, On the Lake
Buyer's Agent
Brian Kincaid
Keller Williams Realty
Sold Price
$213,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.79%

Purchase Details

Closed on
May 13, 2009
Sold by
Rarity Communities Inc
Bought by
Lewis Juanita S
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
Campanile Diane $409,000 Southeast Title
Campanile Diane $409,000 Southeast Title
Wright Martin B $250,500 Tellico Title Services Inc
Bullock Ethel M $213,000 Paramount Land Ttl Of Knoxvi
Lewis Juanita S $344,235 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campanile Diane $327,200
Closed Campanile Diane $327,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/12/2024 09/12/24 Sold $409,000 0.0% $271 / Sq Ft View Prior Sale
08/05/2024 08/05/24 Pending -- -- --
07/22/2024 07/22/24 Price Changed $409,000 -2.4% $271 / Sq Ft
07/05/2024 07/05/24 For Sale $419,000 +67.3% $277 / Sq Ft
04/22/2021 04/22/21 Sold $250,500 +17.6% $166 / Sq Ft View Prior Sale
10/12/2020 10/12/20 Sold $213,000 -- $141 / Sq Ft View Prior Sale

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
2025 $1,312 $86,150 $0 $0
2024 $1,312 $86,150 $12,500 $73,650
2023 $1,312 $86,150 $12,500 $73,650
2022 $1,081 $48,250 $2,500 $45,750
2021 $1,081 $48,250 $2,500 $45,750
2020 $1,081 $48,250 $2,500 $45,750
2019 $955 $48,250 $2,500 $45,750
2018 $955 $48,250 $2,500 $45,750
2017 $1,015 $48,450 $5,000 $43,450
2016 $1,015 $48,450 $5,000 $43,450
2015 $1,015 $48,450 $5,000 $43,450
2014 $1,015 $48,445 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karen Packett

    Seller's Agent in 2024

    Karen Packett

    Lake Homes Realty of East Tennessee

    (866) 525-3466

    127 Total Sales

    Karen Packett
    Section Image

  • C

    Seller Co-Listing Agent in 2024

    Cheyenne Jannotte

    Lake Homes Realty of East Tennessee

    Section Image

  • C

    Buyer's Agent in 2024

    Chad Shelton

    Realty Executives Associates

    (931) 212-7298

    65 Total Sales

    Chad Shelton
    Section Image

  • B

    Seller's Agent in 2021

    Brian Kincaid

    Lake Homes Realty

  • M

    Buyer's Agent in 2021

    Michelle Ham

    Lakefront Living, On the Lake

  • S

    Seller's Agent in 2020

    Sam Allen

    Lakefront Living, On the Lake

See All Agents

Map

Tennessee Monroe County Vonore 37885

535 Rarity Bay Pkwy Unit 301, Vonore, TN

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