NOT LISTED FOR SALE

840 Rarity Bay Pkwy Vonore, TN 37885

Tellico Village Neighborhood

Estimated Value: $142,000 - $196,000

0.34 Acre
$482,082 Price per Acre
14,810 Sq Ft Lot

Last Sold August 30, 2024

Last sale price $137,500

Est. 16% increase in value since last sale

Current estimated payment $995/month

148 Days on Market

Highlights

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

About This Lot

As of August 2024

Stunning lake and mountain views on this full-sized homesite on the 15th fairway at Rarity Bay Golf Course in Eastern Tennessee! The best of all lots with an OPTIONAL social membership, you can join the club if you choose. Buyer or buyer agent to speak directly to Country Club Manager for Information on any membership initiation, or fees that may be due. This lot has a great slope for easy walkout, is surrounded by luxury homes, and has views of Tellico Lake and the Great Smoky Mountains. Rarity Bay is a paradise for golfers, boaters, and horse enthusiasts! Hurry, with no home inventory, lots are selling quickly!

Last Agent to Sell the Property

Karen Millikan

Lakefront Living, On the Lake License #278019 Listed on: 03/19/2024

Last Buyer's Agent

Emery Tumulty

River Rock Real Estate Group License #362568

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $475

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 114x147
  • Property fronts a private road
  • On Golf Course
  • Lot Has A Rolling Slope
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $92 Monthly HOA Fees

Property Views

  • Lake
  • Golf Course
  • Mountain

Utilities

  • Gas Available

Listing and Financial Details

  • Assessor Parcel Number 078I C 016.00
  • $6,875 Seller Concession

Community Details

Overview

  • Rarity Bay Subdivision

Amenities

  • Clubhouse

Recreation

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

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$475

Lot Details

0

HOA Fees

$92 per month

Listing Details

  • Directions: Highway 72 west to Rarity Bay. Ask for directions at gate.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.34
  • Lot Size: 114x147
  • Subdivision Name: Rarity Bay
  • Topography:Rolling: Yes
  • Improvements:Utilities on Site: Yes
  • View:Mountain View: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Gas3: Yes
  • Utilities Available:Water5: Yes
  • Property Sub-Type:Single Family2: Yes
  • Utilities Available:Sewer6: Yes
  • Road Frontage:Private3: Yes
  • Topography:Cleared: Yes
  • Road Access:US Highway: Yes
  • Lot Description:Golf Community: Yes
  • Lot Description:Golf Front: Yes
  • View Lake View: Yes
  • Community Amenities LakeWater Access2: Yes
  • Lot Description LakeWater Access: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Lake View, Mountain View
  • Lot Features: Lake/Water Access, Golf Community, Rolling, Golf Front
  • Topography: Cleared

Utilities

  • Security: Gated Community

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Other, Clubhouse, Golf Course, Recreation Facilities, Security, Pool, Tennis Court(s)
  • Association Fee: 1100.0
  • Association Fee Frequency: Yearly

Association/Amenities

  • Community Amenities:Gated Community: Yes
  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Club House2: Yes
  • Community Amenities:Sidewalks: 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:Rec Facilities: Yes
  • Community Amenities:Security2: Yes
  • Community Amenities:Tennis Courts: Yes
  • Community Amenities:Other45: Yes

Lot Info

  • Lot Size Sq Ft: 14810.4
  • Parcel #: 078I C 016.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 475.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
Aug 30, 2024
Sold by
Tornrose Gregory A and Tornrose Christine N
Bought by
Bitney Damon and Bitney Shannon
Seller's Agent
Karen Millikan
Lakefront Living, On the Lake
Buyer's Agent
Emery Tumulty
River Rock Real Estate Group
List Price
$164,900
Sold Price
$137,500
Premium/Discount to List
-$27,400
-16.62%
Views
26
Current Estimated Value
$159,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,175
Avg. Annual Appreciation
19.21%
Original Mortgage
$110,000
Outstanding Balance
$92,514
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$71,394

Purchase Details

Listed on
Jun 10, 2021
Closed on
Sep 27, 2021
Sold by
Busciglio Margarita C and Cyprus Margarita C
Bought by
Tornrose Gregory A and Tornrose Christine N
Seller's Agent
Karen Packett
Lake Homes Realty
Buyer's Agent
TERESA RAMAGE
NLMNLM
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
4.77%

Purchase Details

Closed on
Feb 24, 2006
Sold by
Province George W
Bought by
Busciglio Peter A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,885
Interest Rate
6.05%

Purchase Details

Closed on
May 3, 1996
Sold by
Tellico Lake Properties Lp
Bought by
George Province
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 Buyer Sale Price Title Company
Bitney Damon $137,500 Tellico Title Services
Tornrose Gregory A $120,000 Tellico Title Services Inc
Busciglio Peter A $198,000 --
George Province $66,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bitney Damon $110,000
Previous Owner Busciglio Peter A $194,885
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $137,500 -8.3% --
08/15/2024 08/15/24 Pending -- -- --
07/13/2024 07/13/24 Price Changed $149,900 -9.1% --
03/19/2024 03/19/24 For Sale $164,900 +37.4% --
09/30/2021 09/30/21 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 $31,250 $31,250 --
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

  • K

    Seller's Agent in 2024

    Karen Millikan

    Lakefront Living, On the Lake

    (423) 519-1015

    56 in this area

    143 Total Sales

    Karen Millikan
    Section Image

  • E

    Buyer's Agent in 2024

    Emery Tumulty

    River Rock Real Estate Group

    (865) 635-9706

    6 in this area

    14 Total Sales

    Emery Tumulty
    Section Image

  • K

    Seller's Agent in 2021

    Karen Packett

    Lake Homes Realty

  • T

    Buyer's Agent in 2021

    TERESA RAMAGE

    NLMNLM

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1256309

East Tennessee REALTORS® MLS

APN: 078I-C-016.00

Tennessee Loudon County Vonore 37885 Tellico Village

840 Rarity Bay Pkwy, Vonore, TN

This home is located at 840 Rarity Bay Pkwy, Vonore, TN 37885 since 19 March 2024 and is currently estimated at $163,908. 840 Rarity Bay Pkwy is a home located in Loudon County with nearby schools including Loudon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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