$864,900
SOLD JUL 6, 2022

607 Peninsula Point Rutledge, TN 37861

3 Beds
2.5 Baths
2,796 Sq Ft
1.02 Acres

Recently Sold

$309 Per Sq Ft

2% Above List Price

Highlights

  • Lake Front
  • Deck
  • 1 Fireplace
  • RV Access or Parking
  • Wood Flooring
  • Home Office

About This Home

As of January 2023

172' of Cherokee Lakefront property! How do we define a home as having a Paradise setting? Fantastic views? Shade trees with a hammock swaying in the breeze? A 52-foot deck for entertaining? YOUR boat anchored to YOUR backyard, ready to go cruising, fishing, or to dock at the nearest restaurant? Well, this setting fits the bill, because it checks all the boxes! Located on a cul-de-sac, the home's exterior is framed with cement board siding. Enter through the majestic 8' front door and immediately view Cherokee Lake through the panoramic windows. Walls & ceilings are all done in Eastern White Pine. Floors are Hickory Mocha. An open floor plan allows scenery from every room. View sunrises, deer, ducks, and even a bald eagle. The home has Cherokee Lake panoramas from inside and outside, year-round. No disappearing TVA water with this property, even during the winter months, you have year-round water. The home's 2 floors are insulated separately. Heat & cool one floor without affecting the other - so energy efficient that summer electric bills average $67 per month and winter months $41. Whole-home water filtration & water softener system. Separate central vacuum system for each floor. Tankless on-demand water heater. The list goes on. 3 bedrooms with additional rooms that can be used as offices, sleeping quarters, etc. All with views of Cherokee Lake. A garage with 12' ceilings. A designated RV/boat parking area with electric access. Built in 2016, the home has always been smoke & pet free. The home is so new, that a second-floor heat pump is just being installed this month! The roof and heat pump warranties are all transferrable. Fiber internet is onsite. No HOA. This area of Cherokee Lake does not allow a dock to be built in your backyard, but as mentioned, your boat can be anchored to shore year-round if you so choose. Hospitals are within 13 miles. Walmart is 15 miles. Knoxville is close by. Even Dolly Parton is close by. Paradise setting? Yep! Live the Cherokee Lake Life!

Last Agent to Sell the Property

Felix Valdes

Cherokee Lake Realty License #314535 Listed on: 06/09/2022

Last Buyer's Agent

George Francisco

Century 21 Legacy License #353367

Century 21 Legacy

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,873

Year Built

  • Built in 2016

Lot Details

  • 1.02 Acre Lot
  • Lake Front
  • Cul-De-Sac

Interior Spaces

  • 2,796 Sq Ft Home
  • Central Vacuum
  • 1 Fireplace
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • ENERGY STAR Qualified Doors
  • Living Room
  • Dining Room
  • Home Office
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Parking Available
  • Garage Door Opener
  • RV Access or Parking

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Peninsula Pointe Est Subdivision

Listing and Financial Details

  • Assessor Parcel Number 069L A 020.01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,873

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Directions: Off Lakeshore enter Peninsula Pointe Estates. Home is at the end of the road, on the left, two houses from the end of the cul-de-sac.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2016
  • Lot Size Acres: 1.02
  • Subdivision Name: Peninsula Pointe Est
  • Architectural Style: Other
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Dryer, Tankless Wtr Htr, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile
  • ResoLivingAreaSource: Plans

Exterior Features

  • Exterior Features: Window - Energy Star, Windows - Vinyl, Windows - Insulated, Porch - Covered, Deck, Cable Available (TV Only), Doors - Energy Star
  • Lot Features: Cul-De-Sac, Lakefront, Lake Access

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Other, Attached, RV Parking, Main Level

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 44431.2
  • Parcel #: 069L A 020.01
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Jan 24, 2023
Sold by
David C Tinsman Self Declaration Of Trus
Bought by
Home Rentals Tn Llc and Home Rentals Tennessee Llc
Seller's Agent
Felix Valdes
Cherokee Lake Realty
Buyer's Agent
Ben Cantwell
The Realty House, Inc
List Price
$874,900
Sold Price
$865,000
Premium/Discount to List
-$9,900
-1.13%
Current Estimated Value
$845,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,817
Avg. Annual Appreciation
-3.62%
Original Mortgage
$465,000
Outstanding Balance
$447,230
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
$336,466

Purchase Details

Listed on
Jun 9, 2022
Closed on
Jul 11, 2022
Sold by
Snyder and Nancy
Bought by
Joy Tinsman Self Declaration Of Trust
Seller's Agent
Felix Valdes
Cherokee Lake Realty
Buyer's Agent
George Francisco
Century 21 Legacy
List Price
$849,900
Sold Price
$864,900
Premium/Discount to List
$15,000
1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.02%

Purchase Details

Closed on
Jun 22, 2016
Sold by
Pirro Steven A
Bought by
Snyder Duane and Snyder Nancy
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $865,000 --
Warranty Deed $864,900 None Listed On Document
Warranty Deed $75,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $465,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $865,000 -1.1% $309 / Sq Ft
12/01/2022 12/01/22 Pending -- -- --
10/07/2022 10/07/22 For Sale $874,900 +1.2% $313 / Sq Ft
07/06/2022 07/06/22 Sold $864,900 +1.8% $309 / Sq Ft
06/18/2022 06/18/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $849,900 -- $304 / Sq Ft
Source: East Tennessee REALTORS® 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 $1,873 $79,700 $31,700 $48,000
2023 $1,873 $79,700 $31,700 $48,000
2022 $1,830 $79,700 $31,700 $48,000
2021 $1,830 $79,700 $31,700 $48,000
2020 $1,575 $79,700 $31,700 $48,000
2019 $1,575 $56,250 $16,225 $40,025
2018 $1,361 $56,250 $16,225 $40,025
2017 $1,361 $56,250 $16,225 $40,025
2016 $393 $16,225 $16,225 $0
2015 $571 $16,225 $16,225 $0
2014 $571 $22,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1194583

East Tennessee REALTORS® MLS

APN: 069L-A-020.01