$74,000
SOLD AUG 6, 2024
0.42 Acre
$176,190 Price per Acre
18,295 Sq Ft Lot

Recently Sold

1% Below List Price

137 Days on Market

Highlights

  • Lake Front
  • Community Lake
  • Picnic Area
  • Boat Ramp
  • Wooded Lot

About This Lot

As of August 2024

The last lots in beautiful Mountain Lake subdivision are available to purchase individually or as a package. Great community with private deep lake, Gazebo, walking trails. All underground utilities available, lots are cleared and ready to build. Options available such as build to suit, foundation construction with 10 yr structural warranty. Bylaws and Covenants in documents. Buyer to verify all information.

Last Agent to Sell the Property

Tanya Price

Vision Properties Group, Inc. License #280712 Listed on: 03/03/2024

Last Buyer's Agent

Tanya Price

Vision Properties Group, Inc. License #280712 Listed on: 03/03/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $82

Lot Details

  • 0.42 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Steep Slope
  • Cleared Lot
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $45 Monthly HOA Fees

Property Views

  • Lake Views

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 020OC036
  • $2,960 Seller Concession

Community Details

Overview

  • Mountain Lake S/D Subdivision
  • Community Lake

Amenities

  • Picnic Area

Recreation

  • Boat Ramp
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$82

Lot Details

0

HOA Fees

$45 per month

Listing Details

  • Directions: Emory Rd , Bell Rd, Right Mountain Rise Drive, Left Lake Mountain Lane
  • Prop. Type: Lots & Acreage
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.42
  • Lot Size: 47.59 X 134.17 X IRR
  • Subdivision Name: Mountain Lake S/D
  • Improvements:Utilities on Site: Yes
  • Lot Description:Wooded: Yes
  • Utilities Available:Cable TV2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Gas3: Yes
  • Utilities Available:Telephone5: Yes
  • Utilities Available:Water5: Yes
  • General Property Description:Lot Size SqFt: 18410.0
  • Property Sub-Type:Single Family2: Yes
  • Road Frontage:County4: Yes
  • Utilities Available:Sewer6: Yes
  • Property Sub-Type:Lake Front: Yes
  • Topography:Steep: Yes
  • Lot Description:Lake Access: Yes
  • Lot Description:Lakefront: Yes
  • Lot Description:Waterfront Access: Yes
  • View:Lake: Yes
  • View:Lakefront2: Yes
  • Topography:Cleared: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Lake
  • Lot Features: Lake Access, Lakefront, Waterfront Access, Wooded
  • Topography: Steep, Cleared

Condo/Co-op/Association

  • Association Fee: 45.0
  • Association Fee Frequency: Monthly

Association/Amenities

  • Community Amenities:Boat Ramp: Yes
  • Community Amenities:Lake Access2: Yes
  • Community Amenities:PicnicBarbeque Area: Yes

Lot Info

  • Lot Size Sq Ft: 18410.0
  • Parcel #: 020OC036
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2024
Closed on
Aug 5, 2024
Sold by
Quarve James
Bought by
Flex Homes Llc and Tn Uk Construction Llc
Seller's Agent
Tanya Price
Vision Properties Group, Inc.
Buyer's Agent
Tanya Price
Vision Properties Group, Inc.
List Price
$75,000
Sold Price
$74,000
Premium/Discount to List
-$1,000
-1.33%
Views
78

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
875.54%
Original Mortgage
$350,000
Outstanding Balance
$347,532
Interest Rate
6.73%
Mortgage Type
Construction
Estimated Equity
$267,968

Purchase Details

Closed on
Apr 8, 2016
Sold by
Mountain Lake Properties Llc
Bought by
Quarve James

Purchase Details

Closed on
Jul 29, 2009
Sold by
Bdt Properties Llc
Bought by
Atlas Tri State Spe Llc

Purchase Details

Closed on
May 7, 2007
Sold by
Cobia Properties Inc
Bought by
Bdt Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,125,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $74,000 Superior Title
Quit Claim Deed -- Warranty Title Insurance Com
Warranty Deed $990,000 None Available
Warranty Deed $2,100,000 Tennessee Valley Title Insur
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $350,000 Construction
Previous Owner $2,125,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $625,000 +744.6% $245 / Sq Ft
08/06/2024 08/06/24 Sold $74,000 -1.3% --
07/19/2024 07/19/24 Pending -- -- --
03/03/2024 03/03/24 For Sale $75,000 -- --
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 $82 $5,250 $0 $0
2023 $82 $5,250 $0 $0
2022 $82 $5,250 $0 $0
2021 $74 $3,500 $0 $0
2020 $74 $3,500 $0 $0
2019 $74 $3,500 $0 $0
2018 $74 $3,500 $0 $0
2017 $74 $3,500 $0 $0
2016 $162 $0 $0 $0
2015 $162 $0 $0 $0
2014 $162 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1254584

East Tennessee REALTORS® MLS

APN: 020OC-036