NOT LISTED FOR SALE

7883 Morganton Rd Greenback, TN 37742

Estimated Value: $48,000 - $87,000

0.51 Acres
$145,178 Price per Acre
22,216 Sq Ft Lot

Last Sold May 03, 2023

Last sale price $64,000

Est. 16% increase in value since last sale

Current estimated payment $462/month

201 Days on Market

Highlights

  • Community Boat Dock
  • Lake View
  • Lot Has A Rolling Slope
  • Gated Community
  • Community Lake

About This Lot

As of May 2023

MOTIVATED SELLER! LAKE & MOUNTAIN VIEWS! Gorgeous basement lot in architecturally restricted gated neighborhood with sidewalks on Tellico Lake. Community boat dock is located at the end of Morganton Cove. All underground utilities available including natural gas, sewer, and AT&T high speed fiber. One of the very last lots available! Lot 33.

Last Agent to Sell the Property

Summer Munyon

Wallace License #348321 Listed on: 09/30/2022

Last Buyer's Agent

Mike Owens

Realty Executives Associates License #291718

Realty Executives Associates

Property Details

Property Type

  • Land

Lot Details

  • 22,216 Sq Ft Lot
  • Lot Dimensions are 157x145
  • Property fronts a county road
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $50 Monthly HOA Fees

Property Views

  • Lake Views

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 078L A 033.00

Community Details

Overview

  • Morganton Landing Subdivision
  • Community Lake

Recreation

  • Community Boat Dock

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

0.51 Acres

HOA Fees

$50 per month

Listing Details

  • Directions: Hwy 411 or Hwy 95 to East Coast Tellico Pkwy, Turn onto Morganton Road. Property is on the Right. Lot 33.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.51
  • Lot Size: 157X145
  • Subdivision Name: Morganton Landing
  • Topography:Rolling: Yes
  • Improvements:Utilities on Site: Yes
  • Lot Description:Rolling Slope: 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: 22216.0
  • Property Sub-Type:Single Family2: Yes
  • Road Frontage:County4: Yes
  • Utilities Available:Sewer6: Yes
  • View:Lake: Yes
  • Topography:Cleared: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Lake
  • Lot Features: Rolling, Rolling Slope
  • Topography: {"Cleared":true}
  • Road Frontage Paved: Yes

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Association Fee: 50.0
  • Association Fee Frequency: Monthly

Association/Amenities

  • Community Amenities:Gated Community: Yes
  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Dock2: Yes
  • Community Amenities:Lake Access2: Yes

Lot Info

  • Lot Size Sq Ft: 22216.0
  • Parcel #: 078L A 033.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
May 3, 2023
Sold by
Clark Jeffrey Lorin and Clark Cheryl Ann
Bought by
Nibali Benjamin D and Nibali Emily M
Seller's Agent
Summer Munyon
Wallace
Buyer's Agent
Mike Owens
Realty Executives Associates
List Price
$75,000
Sold Price
$64,000
Premium/Discount to List
-$11,000
-14.67%
Views
59
Current Estimated Value
$74,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,041
Avg. Annual Appreciation
5.19%

Purchase Details

Listed on
Jun 30, 2021
Closed on
Mar 9, 2022
Sold by
Bakers Creek Partnership
Bought by
Clark Jeffrey Lorin and Clark Cheryl Ann
Seller's Agent
Bryan Petett
Wallace Commercial
Buyer's Agent
Summer Munyon
Wallace
List Price
$64,900
Sold Price
$64,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.21%

Purchase Details

Closed on
May 9, 2014
Sold by
Sigmon Edith R
Bought by
Bakers Creek Partnership
Source: Public Records
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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
Nibali Benjamin D $64,000 Southeast Title & Escrow
Nibali Benjamin D $64,000 Southeast Title & Escrow
Clark Jeffrey Lorin $64,900 Southern Abstract & Title
Bakers Creek Partnership $825,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/03/2023 05/03/23 Sold $64,000 -1.5% --
04/20/2023 04/20/23 Pending -- -- --
03/29/2023 03/29/23 Price Changed $65,000 -6.5% --
01/04/2023 01/04/23 Price Changed $69,500 -7.3% --
09/30/2022 09/30/22 For Sale $75,000 +15.6% --
03/10/2022 03/10/22 Sold $64,900 0.0% -- View Prior Sale
02/28/2022 02/28/22 Pending -- -- --
06/30/2021 06/30/21 For Sale $64,900 -- --
Source: East Tennessee REALTORS® MLS

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 $265 $15,000 $15,000 --
2024 $228 $15,000 $15,000 --
2023 $228 $15,000 $0 $0
2022 $228 $15,000 $15,000 $0
2021 $228 $15,000 $15,000 $0
2020 $271 $15,000 $15,000 $0
2019 $271 $15,000 $15,000 $0
2018 $271 $15,000 $15,000 $0
2017 $271 $15,000 $15,000 $0
2016 $209 $11,250 $11,250 $0
2015 $209 $11,250 $11,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1207622

East Tennessee REALTORS® MLS

APN: 078L-A-033.00

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