NOT LISTED FOR SALE

Estimated Value: $1,006,000 - $1,079,000

4 Beds
5 Baths
3,569 Sq Ft
$295/Sq Ft Est. Value

Last Sold September 03, 2019

Last sale price $450,000 $126 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $5,947/month

185 Days on Market

Highlights

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

About This Home

As of September 2019

This Brick Rancher needs a little cosmetic updating but has the Million Dollar view you are looking for! Kitchen has Granite and new refrigerator, new microwave, faucet, tile floors. Rear deck across the back of home overlooking Golf course hole # 12 and Tellico Lake! 2 Master suites on main level. Gas heat and fireplace. 2 car garage upper 3rd golf cart garage plus huge workshop and storage in lower level. The bones and view of this home are excellent, it just needs YOU! No Mandatory membership required either!

Last Agent to Sell the Property

Karen Millikan

Lakefront Living, On the Lake License #278019 Listed on: 01/08/2019

Last Buyer's Agent

Brian Kincaid

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,097

Year Built

  • Built in 2003

Lot Details

  • 0.41 Acre Lot
  • On Golf Course

HOA Fees

  • $73 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • Lake
  • Golf Course
  • Mountain

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,569 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Drapes & Rods
  • Great Room
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Workshop
  • Storage

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Partially Finished Basement

  • Walk-Out Basement
  • Recreation or Family Area in Basement

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 078i C 005.00

Community Details

Overview

  • Association fees include security
  • Rarity Bay Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Clubhouse

Recreation

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

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,097

Year Built

Built in 2003

Lot Details

0

HOA Fees

$73 per month

Parking

2

Listing Details

  • Directions: Hwy 411 Sounth from Maryville to Hwy 72 West. Right into Rarity Bay, ask for map at gate.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2003
  • Lot Size Acres: 0.41
  • Lot Size: F 147 R 152 B 57 L 187
  • Subdivision Name: Rarity Bay
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • View:Mountain View: Yes
  • View:Lake: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2545.0
  • General Property Description:SqFt - Down Lvl: 1024.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Fuel:Gas (Natural): Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Floors:Tile2: Yes
  • Basement Walkout: Yes
  • Dining Area:Formal Dining Area: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Misc Features:Drapes: Yes
  • Lot Description:Golf Community: Yes
  • View:Golf Course: Yes
  • Heat:Forced Air: Yes
  • Dining Area:Breakfast Bar: Yes
  • Dining Area:Breakfast Room2: Yes
  • Lot Description:Golf Course Front: Yes
  • Misc Features:Wet Bar: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave
  • Has Basement: Partially Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Carpet, Tile
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Partially Finished: Yes
  • Other Rooms:Basement Rec Room: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:Workshop: Yes
  • Other Rooms:Great Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Other Rooms:Split Bedroom: Yes

Exterior Features

  • Exterior Features: Deck, Cable Available (TV Only)
  • View: Mountain View, Golf Course, Lake
  • Lot Features: Golf Community, Golf Course Front
  • Construction Type: Brick
  • Exterior Features:Deck: Yes
  • Exterior Features:Cable Available (TV Only): Yes
  • Construction:Brick5: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Attached
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Security: Gated Community
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Clubhouse, Golf Course, Recreation Facilities, Security, Pool, Tennis Court(s)
  • Association Fee: 873.0
  • Association Fee Frequency: Yearly
  • Association: Yes

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:Lake Access2: 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
  • Association Fee Incl:Security3: Yes

Fee Information

  • Association Fee Includes: Security

Lot Info

  • Lot Size Sq Ft: 17859.6
  • Parcel #: 078i C 005.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2019
Closed on
Aug 31, 2019
Sold by
Umbricht Mary Jane and Umbricht Mary Jane
Bought by
Dennis Michael P and Dennis Nancy
Seller's Agent
Karen Millikan
Lakefront Living, On the Lake
Buyer's Agent
Brian Kincaid
Keller Williams Realty
Sold Price
$450,000
Current Estimated Value
$1,054,077

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$604,077
Avg. Annual Appreciation
15.30%
Original Mortgage
$300,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2007
Sold by
Umbricht Mary Jane
Bought by
Umbricht Mary Jane

Purchase Details

Closed on
Jun 18, 2001
Sold by
Petrucci Albert
Bought by
Umbricht Fred

Purchase Details

Closed on
Jan 6, 1998
Sold by
Tellico Lake Properties Lp
Bought by
Petrucci Albert
Source: Public Records

Range of Values:

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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
Dennis Michael P $450,000 Paramount Land Ttl Of Knoxvi
Umbricht Mary Jane -- --
Umbricht Fred $88,500 --
Petrucci Albert $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dennis Michael P $295,694
Closed Dennis Michael P $295,694
Closed Dennis Michael P $300,000
Previous Owner Umbricht Mary Jane $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2019 09/03/19 Sold $450,000 -- $126 / Sq Ft
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 $2,097 $138,100 $22,500 $115,600
2023 $2,097 $138,100 $0 $0
2022 $2,097 $138,100 $22,500 $115,600
2021 $2,097 $138,100 $22,500 $115,600
2020 $2,265 $138,100 $22,500 $115,600
2019 $2,265 $125,600 $20,000 $105,600
2018 $2,265 $125,600 $20,000 $105,600
2017 $2,265 $125,600 $20,000 $105,600
2016 $2,355 $126,725 $25,000 $101,725
2015 $2,355 $126,725 $25,000 $101,725
2014 $2,355 $126,725 $25,000 $101,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1065928

East Tennessee REALTORS® MLS

APN: 078I-C-005.00