NOT LISTED FOR SALE

650 Baye Rd Rutledge, TN 37861

Estimated Value: $517,000 - $753,000

3 Beds
3.5 Baths
3,260 Sq Ft
$190/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $400,000 $123 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,664/month

549 Days on Market

Highlights

  • Lake Front
  • Deck
  • Wood Flooring
  • Lake Privileges
  • Cathedral Ceiling
  • Bonus Room

About This Home

As of December 2019

Lush waterfront property on Cherokee Lake. Charming Tennessee log home, exactly as you have always dreamed, with a lake meeting the back yard and a beautiful mountain view. Every thing you ever want in a Tennessee mountain log home or a fabulous waterfront home combined into one great property. Want your grandchildren to visit? Buy this property, and they will flock to see you. A covered deck, accessed from the dining room inside, and a covered patio underneath are both waterfront with the view. A separate apartment on lower area provide an opportunity for guests to have privacy (or for you to hide away). This fabulous property is set in beautiful Mallard Baye. This property has a master ensuite on the main level, two bedrooms + a loft, full bath and storage upstairs, and a complete apartment below. Home Warranty provided by sellers.

Last Agent to Sell the Property

DEBORAH WOLFE

RE/MAX Real Estate Ten Midtown License #291433 Listed on: 06/05/2018

RE/MAX Real Estate Ten Midtown

Co-Listed By

Ron Wolfe

RE/MAX Real Estate Ten West License #288256

Last Buyer's Agent

RON WOLFE

Re/Max Real Estate Ten West License #288256

Re/Max Real Estate Ten West

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,849

Year Built

  • Built in 1994

Lot Details

  • Lake Front
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Parking

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

Property Views

  • Lake
  • Mountain

Home Design

  • Log Cabin
  • Block Foundation
  • Wood Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Free Standing Fireplace
  • Metal Fireplace
  • Double Pane Windows
  • Window Treatments
  • Wood Frame Window
  • Great Room
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Fire and Smoke Detector

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Laundry Room
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Outdoor Features

  • Lake Privileges
  • Deck
  • Covered Patio or Porch

Schools

  • Rutledge Elementary And Middle School
  • Grainger High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Propane
  • Natural Gas Connected
  • Private Water Source
  • Well
  • Gas Water Heater
  • Water Softener
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 22.00

Community Details

Overview

  • Mallard Bay Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,849

Year Built

Built in 1994

Lot Details

0

HOA Fees

$100 per month

Parking

1

Listing Details

  • Carport Y N: No
  • Year Built: 1994
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: 175/242.24/242.24/218.0
  • Water Body Name: Cherokee Lake
  • Subdivision Name: Mallard Bay
  • Directions: From Lakeshore Road (375) into Mallard Bye, left at entrance on Baye Drive, home on right. Sign
  • Above Grade Finished Sq Ft: 2280.0
  • Architectural Style: Log
  • New Construction: No
  • Location Tax and Legal:Tax Annual Amount: 1848.88
  • Location Tax and Legal:Tax Year2: 2017
  • Location Tax and Legal:Parcel Number2: 22.00
  • General Property Information:Lot Size Dimensions: 175/242.24/242.24/218.0
  • General Property Information:Waterfront YN: Yes
  • Utilities:Cable Available: Yes
  • Location Tax and Legal:Elementary School: Rutledge
  • Location Tax and Legal:Middle Or Junior School2: Rutledge
  • Location Tax and Legal:High School: Grainger High School
  • General Property Information:Bathrooms Half: 1
  • General Property Information:Living Area2: 3260.0
  • General Property Information:Above Grade Finished Area: 2280.0
  • General Property Information:Below Grade Finished Area: 960.0
  • 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 Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Flooring:Tile: Yes
  • Foundation Details:Block3: Yes
  • Laundry Features:Electric Dryer Hookup: Yes
  • Laundry Features:Washer Hookup: Yes
  • Room Types:Basement3: Yes
  • Room Types:Living Room2: Yes
  • General Property Information:Basement YN: Yes
  • Flooring:Hardwood: Yes
  • Security Features:Smoke Detector(s): Yes
  • View:Mountain(s): Yes
  • Cooling:Central Air: Yes
  • Cooling:Electric: Yes
  • Room Types:Bonus Room: Yes
  • Utilities:Natural Gas Connected: Yes
  • Appliances Microwave: Yes
  • Water Softeners: Yes
  • Utilities:Propane3: Yes
  • View:Lake3: Yes
  • Water Source:Private5: Yes
  • Water Source:Well: Yes
  • Room Types:Great Room2: Yes
  • Architectural Style:Log: Yes
  • Room Types:Den2: Yes
  • Laundry Features:In Basement: Yes
  • Room Types:Laundry: Yes
  • Roof:Metal: Yes
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Tile
  • Appliances: Convection Oven, Dishwasher, Dryer, Electric Cooktop, Gas Water Heater, Humidifier, Microwave, Refrigerator, Washer, Water Softener
  • Basement: Block, Full, Walk-Out Access, Other
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fan(s), In-Law Floorplan, Vaulted Ceiling(s)
  • Private Spa: No
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 960.0
  • Fireplace Features: Free Standing, Living Room, Metal
  • Fireplaces: 1
  • Fireplace: Yes
  • Living Area: 3260.0
  • Window Features: Double Pane Windows, Window Treatments, Wood Frames
  • Appliances Dishwasher: Yes
  • Basement:Block: Yes
  • Fireplace Features:Fireplaces Total: 1
  • Fireplace Features:Living Room: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Convection Oven: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Free Standing: Yes
  • Interior Features:Cathedral Ceiling(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Appliances:Electric Cooktop: Yes
  • Basement:Walk-Out Access: Yes
  • Basement:Other7: Yes
  • Interior Features:In-Law Floorplan: Yes
  • Full Basement: Yes
  • Appliances:Humidifier: Yes

Exterior Features

  • Lot Features: Level, Rolling Slope
  • Waterfront Features: Lake Front, Lake Privileges, Navigable Water
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Log, Wood Siding
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Deck, Porch
  • Lot Features:Level: Yes
  • Patio And Porch Features:Deck2: Yes
  • Window Features:Double Pane Windows: Yes
  • Construction Materials:Wood Siding: Yes
  • Patio And Porch Features:Covered2: Yes
  • Patio And Porch Features:Porch: Yes
  • Lot Features:Rolling Slope: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Lake Privileges: Yes
  • Waterfront Features:Navigable Water: Yes
  • Window Features:Window Treatments: Yes
  • Window Features:Wood Frames: Yes
  • Construction Materials:Log2: Yes

Garage/Parking

  • Garage Yn: Yes
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Garage, Garage Door Opener, Kitchen Level
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Kitchen Level: Yes
  • General Property Information:Carport YN: No

Utilities

  • Cooling: Central Air, Electric
  • Heating: Central, Forced Air, Propane, Other
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, In Basement, Washer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Utilities: Cable Available, Natural Gas Connected, Propane
  • Sewer Septic Tank: Yes
  • Heating:Other18: Yes
  • Heating:Central: Yes
  • Heating:Propane2: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Amenities: Laundry
  • Association Fee: 100.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 100.0
  • General Property Information:Association Fee Frequency: Monthly

Schools

  • Elementary School: Rutledge
  • High School: Grainger High School
  • Middle Or Junior School: Rutledge

Lot Info

  • Parcel #: 22.00

Tax Info

  • Tax Annual Amount: 1848.88
  • Tax Map Number: 077A
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Dec 3, 2019
Sold by
Falterman Darrell J and Falterman Debra S
Bought by
Brasher George Christopher and Brasher Pamela J
Seller's Agent
DEBORAH WOLFE
RE/MAX Real Estate Ten Midtown
Buyer's Agent
RON WOLFE
Re/Max Real Estate Ten West
List Price
$499,900
Sold Price
$400,000
Premium/Discount to List
-$99,900
-19.98%
Current Estimated Value
$620,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,090
Avg. Annual Appreciation
10.79%
Original Mortgage
$153,000
Outstanding Balance
$106,254
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$607,276

Purchase Details

Closed on
Mar 20, 2007
Sold by
Cholak Stephen
Bought by
Falterman Darrell J

Purchase Details

Closed on
Mar 21, 2005
Sold by
Shirley George P
Bought by
Cholak Stephen L

Purchase Details

Closed on
Jul 12, 1993
Bought by
Shirley George P
Source: Public Records

Range of Values:

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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
Brasher George Christopher $400,000 Jefferson Title Inc
Falterman Darrell J $500,000 --
Cholak Stephen L $376,300 --
Shirley George P $64,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brasher George Christopher $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2019 12/31/19 Sold $400,000 -20.0% $123 / Sq Ft
12/06/2019 12/06/19 Pending -- -- --
06/05/2018 06/05/18 For Sale $499,900 -- $153 / 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 $2,220 $94,450 $23,100 $71,350
2023 $2,220 $94,450 $23,100 $71,350
2022 $2,169 $94,450 $23,100 $71,350
2021 $2,169 $94,450 $23,100 $71,350
2020 $2,302 $94,450 $23,100 $71,350
2019 $2,139 $76,400 $18,675 $57,725
2018 $1,849 $76,400 $18,675 $57,725
2017 $1,849 $76,400 $18,675 $57,725
2016 $1,849 $76,400 $18,675 $57,725
2015 $1,928 $76,400 $18,675 $57,725
2014 $1,928 $77,106 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 578651

Lakeway Area Association of REALTORS®

APN: 069M-C-022.00