NOT LISTED FOR SALE

699 Waterfront Way Ten Mile, TN 37880

Estimated Value: $863,089 - $1,287,000

4 Beds
3 Baths
2,440 Sq Ft
$453/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $835,000 $342 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,092/month

8 Days on Market

Highlights

  • Lake Front
  • Wooded Lot
  • Wood Flooring
  • Gated Community
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of October 2023

Absolutely stunning lakefront home on beautiful half acre setting, on a peninsula with water views in 2 directions up the desirable Pearl Harbor area of Watts Bar Lake! Only 7 years young, this home is located in a prestigious gated community surrounded by luxury homes. Custom designed and built by the original owners, who took great pains to achieve perfection with a perfect blend of rustic timberframe construction with natural heavy wood timber, combined with modern elements of neutrally painted drywall vs darker wood walls, with hardyboard exterior siding. A wonderful wraparound porch is sure to be a favorite feature! Note the extensive use of architectural windows throughout, to achieve an open concept with an abundance of natural light on each level. The open main level floorplan is well-suited for today's living style & comfort, with the gourmet cook's kitchen with granite island & custom cabinetry, all flowing into the living space that features a massive corner stone fireplace (modern electric logs for a clean energy warmth & appeal). Water views from all levels at most every point inside the home! A main level master adjoins the living space, offering a lavish tile bath with oversize tile shower, plus an adjoining laundry room right where you need it! Bonus: all furnishings are negotiable & can be included with this home, so no need to shop if this is a second home purchase! Your favorite space may be the covered back porch, which is more than roomy enough for seating and outdoor entertaining and offers breathtaking water views! The basement level offers a ''flex'' room that can be an office or 4th bedroom, plus a full bath! A basement workshop/storage space is very useful. This level also has a spacious 2-car side-entry garage. The gently sloping well-manicured wooded yard offers 174 feet of water frontage, and has a concrete drive in back for an easy walk down, or drive your golf cart or ATV to the dock & lake!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,095

Year Built

  • Built in 2016

Lot Details

  • 0.51 Acre Lot
  • Lake Front
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $108 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Frame Construction

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • Electric Fireplace
  • Washer and Electric Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

  • Security Gate
  • Fire and Smoke Detector

Schools

  • Meigs North Elementary School
  • Meigs Middle School
  • Meigs County High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 002 00244 000

Community Details

Overview

  • Lakeside Coves Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,095

Year Built

Built in 2016

Lot Details

0

HOA Fees

$108 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2016
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Microwave
  • Fireplace Features: Electric
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Has Basement: Other
  • Above Grade Finished Sq Ft: 1980
  • Below Grade Sq Ft: 460
  • Building Area Units: Square Feet
  • Living Area: 2440
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Fiber Cement, Frame
  • Pool Private: No
  • View: No
  • Waterfront Features: Lake Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Attached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Security Gate, Smoke Detector(s)

Condo/Co-op/Association

  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Amenities: Gated
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Features: Other, Wooded, Rolling Slope
  • Lot Size Acres: 0.51
  • Lot Size: 164 x 145 x Irr
  • Lot Size Units: Acres
  • Parcel #: 002 00244 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2095
  • Tax Lot: 32

MLS Schools

  • Elementary School: Meigs North Elementary
  • High School: Meigs County High School
  • Middle Or Junior School: Meigs Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 20, 2023
Sold by
Thomas Alan V and Thomas Patricia L
Bought by
Scannell David and Scannell Karen
List Price
$850,000
Sold Price
$835,000
Premium/Discount to List
-$15,000
-1.76%
Views
30
Current Estimated Value
$1,106,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,022
Avg. Annual Appreciation
14.85%
Original Mortgage
$357,905
Outstanding Balance
$350,539
Interest Rate
7.12%
Mortgage Type
FHA
Estimated Equity
$755,483

Purchase Details

Closed on
Jul 17, 2015
Sold by
Dickson Walt
Bought by
Thomas Alan V and Thomas Patricia L

Purchase Details

Closed on
Aug 28, 2012
Bought by
Dickson Walt
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scannell David $835,000 Stewart Title Company
Thomas Alan V $105,000 --
Thomas Alan V $105,000 --
Dickson Walt $1,221,600 --
Dickson Walt $1,221,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scannell David $357,905
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2023 10/20/23 Sold $835,000 -1.8% $342 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $850,000 -- $348 / Sq Ft
Source: Realtracs

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 $2,339 $138,525 $0 $0
2024 $2,339 $138,525 $30,000 $108,525
2023 $2,339 $138,525 $30,000 $108,525
2022 $2,095 $124,100 $30,000 $94,100
2021 $2,095 $124,100 $30,000 $94,100
2020 $2,104 $124,100 $30,000 $94,100
2019 $2,104 $106,175 $30,000 $76,175
2018 $2,036 $106,175 $30,000 $76,175
2017 $2,036 $102,750 $30,000 $72,750
2016 $594 $30,000 $30,000 $0
2015 $562 $30,000 $30,000 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2834899

Realtracs

APN: 002-002.44