NOT LISTED FOR SALE

Estimated Value: $165,904 - $924,000

0.33 Acre
$1,155,230 Price per Acre
14,375 Sq Ft Lot

Last Sold June 04, 2021

Last sale price $120,000

Est. 218% increase in value since last sale

Current estimated payment $2,181/month

206 Days on Market

Highlights

  • Boat Ramp
  • Access To Lake
  • Gated Community
  • On Golf Course
  • Fitness Center
  • Clubhouse

About This Lot

As of June 2021

Must be accompanied by a realtor. Beautiful golf course home offering views of the mountains and the lake year round. This lot is located on the 15th Fairway of Rarity Bay Country Club. A $25,000 Golf Membership is available but not required. Social Membership is required with a $5000 initiation fee at closing.

Last Agent to Sell the Property

Bill Floyd

River Rock Real Estate Group License #347493 Listed on: 09/13/2020

Last Buyer's Agent

Cristeen Floyd

River Rock Real Estate Group License #360234

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $564

Lot Details

  • 0.33 Acre Lot
  • Property fronts a private road
  • On Golf Course
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $80 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain

Utilities

  • Gas Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 078I C 015.00

Community Details

Overview

  • Rarity Bay Phase 2 Subdivision

Recreation

  • Boat Ramp
  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Putting Green
  • Access To Lake

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$564

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Directions: From I-75 take exit onto Highway 72 towards Vonore approximately 13 miles; Left into Rarity Bay, stay on Rarity Bay Parkway lot on right.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.33
  • Lot Size: 14,375 sq ft (.33 acres)
  • Road Frontage Type: Paved
  • Subdivision Name: Rarity Bay Phase 2
  • Improvements:Utilities on Site: Yes
  • Lot Description:Rolling Slope: Yes
  • View:Mountain View: Yes
  • Utilities Available:Cable TV2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Gas3: Yes
  • Utilities Available:Telephone5: Yes
  • Utilities Available:Water5: Yes
  • Property Sub-Type:Single Family2: Yes
  • Lot Description:Irregular Lot: Yes
  • Utilities Available:Sewer6: Yes
  • Road Frontage:Private3: Yes
  • Topography:Cleared: Yes
  • Lot Description:Golf Community: Yes
  • Lot Description:Golf Front: Yes
  • View:Golf Course: Yes
  • Community Amenities LakeWater Access2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Golf Course, Mountain View
  • Lot Features: Golf Community, Golf Front, Irregular Lot, Rolling Slope
  • Topography: Level, Graded, Cleared
  • Road Frontage Paved: Yes

Utilities

  • Security: Gated Community
  • Utilities: Cable TV

Condo/Co-op/Association

  • Amenities: Tennis Courts, Swimming Pool, Club House, Golf Course
  • Association Fee: 960.0
  • Association Fee Frequency: Yearly

Association/Amenities

  • Community Amenities:Gated Community: Yes
  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Club House2: Yes
  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:Boat Ramp: Yes
  • Community Amenities:Dock2: Yes
  • Community Amenities:Exercise Room: Yes
  • Community Amenities:Golf Course2: Yes
  • Community Amenities:Putting Greens: Yes
  • Community Amenities:Tennis Courts: Yes

Lot Info

  • Lot Size Sq Ft: 14374.8
  • Parcel #: 078I C 015.00
  • Zoning Description: Zoned Residential

Tax Info

  • Tax Annual Amount: 563.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Julie E Capozzi Trust
Bought by
Capozzi Julie and Capozzi Michael
Current Estimated Value
$381,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Outstanding Balance
$882,134
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
-$500,908

Purchase Details

Listed on
Sep 13, 2020
Closed on
Jun 4, 2021
Sold by
Mead Barney and Mead Kathy
Bought by
Capozzi Julie E and The Julie E Capozzi Trust
Seller's Agent
Bill Floyd
River Rock Real Estate Group
Buyer's Agent
Cristeen Floyd
River Rock Real Estate Group
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.26%

Purchase Details

Closed on
Feb 28, 2003
Sold by
Gunther Lucas
Bought by
Barney Mead

Purchase Details

Closed on
Feb 21, 2003
Bought by
Tellico Lake Properties Lp

Purchase Details

Closed on
Jun 4, 1996
Sold by
Tellico Lake Properties Lp
Bought by
Gunther Lucas
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
Capozzi Julie -- Fayette County Title Company
Capozzi Julie E $120,000 Tellico Title Services Inc
Barney Mead $195,000 --
Tellico Lake Properties Lp $120,000 --
Gunther Lucas $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capozzi Julie $900,000
Previous Owner Barney Mead $150,000
Previous Owner Barney Mead $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $120,000 -- --
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
2025 $474 $143,725 $31,250 $112,475
2023 $474 $31,250 $0 $0
2022 $474 $31,250 $31,250 $0
2021 $474 $31,250 $31,250 $0
2020 $564 $31,250 $31,250 $0
2019 $564 $31,250 $31,250 $0
2018 $564 $31,250 $31,250 $0
2017 $564 $31,250 $31,250 $0
2016 $697 $37,500 $37,500 $0
2015 $697 $37,500 $37,500 $0
2014 $697 $37,500 $37,500 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1129593

East Tennessee REALTORS® MLS

APN: 078I-C-015.00