5816 Hideaway Trail Tallassee, TN 37878
Top of the World Neighborhood
3
Beds
2
Baths
1,408
Sq Ft
0.92
Acres
Highlights
- Lake Front
- Barn
- 0.92 Acre Lot
- Boat Ramp
- Lake On Lot
- Community Lake
About This Home
As of July 2025Gorgeous water front property on Omega Lake at Top of the World! Build your own dock on the lake. Fish, swim, kayak (no gas motors) on any of the lakes at Top of the World with a community membership!
Top of the World is unknown to many, but a treasure to those who live here and love it. Bounded by Great Smoky Mountain Nation Park on the east and Foothills Pkwy on the west, you're nestled between two sections of the National Park. Enjoy NP trails less than a mile from this property. Community recreation includes several stocked lakes and ponds, community picnic pavilion & kitchen, beach area, boat dock, pickleball courts, and plenty of friendship with neighbors at monthly gatherings.
The original cabin was a 1BR with 768 sqft. The current renovation began by tearing much down to the perimeter foundation. It now encompasses approximately 1400 sqft of interior space plus a large covered front porch and an even larger covered back deck (prepared to be screened in).
The renovation offers:
* Roughly 1400 sqft interior
* 3BR
* Office
* 2 baths
* Laundry in primary bath
* Gree high efficiency HVAC (new in 2022)
* New field lines for 3BR septic
* New siding
* Most windows replaced
* New metal roof 2023
* Rebuilt back deck
* New covering for front porch
* Most old wiring & plumbing was removed
The land is composed of 3 lots in Hideaway Village Subdivision — lot 36, 65, and 67 totaling a little under 1 acre. Most is very usable. Water is from Hideaway Village community well. On a septic system.
Hideaway Village HOA fee is $275 per year and includes water, pool access, and access to a private dock on the main lake. For an additional $150/yr, you can join Top of the World HOA and enjoy access to all of the stocked lakes & ponds, community beach, pickleball courts, community picnic pavilion, and other wonderful recreational opportunities.
The not-so-great: This is a cash-only sale. The interior is unfinished. An investor purchased it, worked without appropriate permits, did a number of things incorrectly, and did not pay any of the lenders. The property was foreclosed and ownership returned to the 1st position lender/previous owner/seller/listing agent.
Deed restrictions on lots 65 & 67 limit short term rental to 30 days/yr.
Cash only sale unless buyer is able to find a renovation loan or hard money loan. No owner financing. As-is. Offers contingent on inspection will be entertained, but inspection is solely for buyer's information. No reductions in price or other concessions will be made due to condition of the home or property.
Concessions for buyer's expenses such as closing costs or agency commissions will be entertained if requested on the contract.
Contact listing agent/owner or your buyer's agent for more information.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $607
Year Built
- Built in 2000
Lot Details
- 0.92 Acre Lot
- Lake Front
- Private Lot
- Corner Lot
- Irregular Lot
- Lot Has A Rolling Slope
- Wooded Lot
HOA Fees
- $23 Monthly HOA Fees
Parking
- Off-Street Parking
Property Views
- Lake
- Woods
- Mountain
- Forest
Home Design
- Cabin
- Frame Construction
- Wood Siding
Interior Spaces
- 1,408 Sq Ft Home
- Cathedral Ceiling
- Vinyl Clad Windows
- Wood Frame Window
- Great Room
- Home Office
- Bonus Room
- Workshop
- Storage Room
- Washer and Dryer Hookup
- Laminate Flooring
- Unfinished Basement
- Crawl Space
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 2 Full Bathrooms
- Walk-in Shower
Outdoor Features
- Pond
- Lake On Lot
- Lake Property
- Lake, Pond or Stream
- Deck
- Covered Patio or Porch
- Separate Outdoor Workshop
- Outdoor Storage
- Storage Shed
Farming
- Barn
Utilities
- Zoned Heating and Cooling System
- Shared Well
- Septic Tank
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 104J B 015.00
Community Details
Overview
- Association fees include some amenities, water
- Hideaway Village Subdivision
- Mandatory home owners association
- Community Lake
Amenities
- Picnic Area
- Clubhouse
Recreation
- Boat Ramp
- Boat Dock
- Recreation Facilities
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 14, 2025
Closed on
Jul 10, 2025
Sold by
Styles Charles B and Styles Jeanne
Bought by
Clark Jennifer Lynn
Seller's Agent
Jeanne Styles
Real Broker
Buyer's Agent
Jeanne Styles
Real Broker
List Price
$250,000
Sold Price
$225,000
Premium/Discount to List
-$25,000
-10%
Views
88
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$325,000
Outstanding Balance
$325,000
Interest Rate
6.89%
Mortgage Type
Construction
Estimated Equity
-$97,253
Purchase Details
Closed on
Mar 21, 2025
Sold by
Rickman James G
Bought by
Styles Charles B and Styles Jeanne
Purchase Details
Closed on
Aug 28, 2024
Sold by
Styles Charles B and Styles Jeanne
Bought by
Reel David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.46%
Mortgage Type
Construction
Purchase Details
Closed on
Oct 10, 1991
Bought by
Dunwant Eddie R
Purchase Details
Closed on
Sep 24, 1973
Bought by
Speegle James B
Similar Homes in Tallassee, TN
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $225,000 | Maryville Title | |
| Warranty Deed | $225,000 | Maryville Title | |
| Trustee Deed | $130,000 | None Listed On Document | |
| Warranty Deed | $255,000 | Maryville Title | |
| Warranty Deed | $10,000 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $325,000 | Construction | |
| Closed | $325,000 | Construction | |
| Previous Owner | $60,000 | Construction | |
| Previous Owner | $45,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2025 07/10/25 | Sold | $225,000 | 0.0% | $160 / Sq Ft |
| 05/28/2025 05/28/25 | Pending | -- | -- | -- |
| 05/26/2025 05/26/25 | Price Changed | $225,000 | -6.3% | $160 / Sq Ft |
| 05/21/2025 05/21/25 | Price Changed | $240,000 | -4.0% | $170 / Sq Ft |
| 05/14/2025 05/14/25 | For Sale | $250,000 | +66.7% | $178 / Sq Ft |
| 12/17/2021 12/17/21 | Sold | $150,000 | -6.2% | $195 / Sq Ft |
| 11/04/2021 11/04/21 | Pending | -- | -- | -- |
| 09/23/2021 09/23/21 | For Sale | $159,900 | -- | $208 / 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 | $506 | $31,850 | $3,500 | $28,350 |
| 2023 | $506 | $31,850 | $3,500 | $28,350 |
| 2022 | $469 | $18,975 | $2,125 | $16,850 |
| 2021 | $469 | $18,975 | $2,125 | $16,850 |
| 2020 | $469 | $18,975 | $2,125 | $16,850 |
| 2019 | $469 | $18,975 | $2,125 | $16,850 |
| 2018 | $447 | $18,100 | $2,125 | $15,975 |
| 2017 | $447 | $18,100 | $2,125 | $15,975 |
| 2016 | $447 | $18,100 | $2,125 | $15,975 |
| 2015 | $389 | $18,100 | $2,125 | $15,975 |
| 2014 | $383 | $18,100 | $2,125 | $15,975 |
| 2013 | $383 | $17,825 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeanne Styles
J
Seller's Agent in 2025
Jeanne Styles
Real Broker
(865) 724-4800
4 in this area
13 Total Sales
Map
Source: East Tennessee REALTORS® MLS
MLS Number: 1301014
APN: 104J-B-015.00
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.
Nearby Homes
- 5805 Lakeshore Dr
- 0 Gold Pond Way
- 5924 S Circle Dr
- 6031 Alabama St
- 0 Rd Unit 1310254
- 0 Flats Rd Unit 1275373
- 6838 Flats Rd
- 0 Butterfly Gap Rd Unit 1293073
- 604 Solomon Seal Way
- 750 Blue Beech Dr
- 7122 S Compton Dr
- 1152 Elmer Lambert Rd
- 1401 Old Piney Rd
- 708 Butler Mill Rd
- 1216 Galyon Rd
- 620 Butler Mill Rd
- 5696 Abrams View Tr
- 5939 Happy Valley Rd
- 408 Deer Run Dr
- 641 Old Piney Rd