$3,175,000
SOLD NOV 12, 2024

895 Bass Bay Rd Big Sandy, TN 38221

210 Acres
$15,119 Price per Acre
9,147,600 Sq Ft Lot

Recently Sold

35% Below List Price

87 Days on Market

Highlights

  • Docks
  • 210 Acre Lot
  • Paved or Partially Paved Lot
  • Lake View
  • No HOA
  • No Heating

About This Lot

As of November 2024

This spectacular 210 acre property is conveniently located just one and a half hours west of Nashville, Tennessee. Privately positioned high above the western shoreline of Kentucky Lake, this shovel-ready property boasts stunning million-dollar waterfront views with underground utilities already in place. Make this turn-key property the ultimate family estate legacy property, or develop it into a high-end recreational resort. The diverse characteristics of this 210 acre paradise include multiple elevated waterfront build site locations thoughtfully cleared with underground utilities already in place, a 2 acre pond, plus 1/2 mile of Kentucky Lake shoreline on the protected deep water location known as Bass Bay. See Highest And Best Use Analysis pdf and sketches for development concept ideas.

Last Agent to Sell the Property

Patrick (Pat) Doyle

Hayden Outdoors LLC Brokerage Phone: 6154902771 License #304446 Listed on: 07/15/2024

Last Buyer's Agent

Patrick (Pat) Doyle

Hayden Outdoors LLC Brokerage Phone: 6154902771 License #304446 Listed on: 07/15/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,000

Lot Details

  • 210 Acre Lot
  • Property fronts a county road
  • Paved or Partially Paved Lot
  • Property is zoned Mixed Use

Property Views

  • Lake Views

Schools

  • Big Sandy Elementary And Middle School
  • Big Sandy High School

Utilities

  • Well
  • Septic Tank

Community Details

Overview

  • No Home Owners Association
  • Bass Bay Subdivision

Recreation

  • Docks

Property Details

Property Type

Land

Est. Annual Taxes

$1,000

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Inclusions: LAND
  • ResoPropertyType: Land
  • Attribution Contact: 6154902771
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Exterior Features: Dock
  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Paved
  • Topography: PRVT,VIEWS
  • View: Lake
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: Mixed Use
  • Current Use: Residential
  • Lot Features: Private, Views
  • Lot Size Acres: 210
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1000

MLS Schools

  • Elementary School: Big Sandy School
  • High School: Big Sandy School
  • Middle Or Junior School: Big Sandy School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2024
Closed on
Nov 12, 2024
Sold by
Cas Bass Bay Llc
Bought by
Stuart V Gibson Revocable Trust and Gibson
Seller's Agent
Patrick (Pat) Doyle
Hayden Outdoors LLC
Buyer's Agent
Patrick (Pat) Doyle
Hayden Outdoors LLC
List Price
$4,900,000
Sold Price
$3,175,000
Premium/Discount to List
-$1,725,000
-35.2%
Current Estimated Value
$1,032,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,142,667
Avg. Annual Appreciation
-73.33%

Purchase Details

Closed on
Jun 14, 2024
Sold by
Loan Ranger Cap Inv Reit Llc
Bought by
Cas Bass Bay Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,152,000
Interest Rate
7.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Jul 6, 2020
Closed on
Aug 12, 2021
Sold by
Peach James L and Peach Venetia K
Bought by
Bay Land Holdings Llc
Seller's Agent
Angela Peach
Parks Compass
Buyer's Agent
Amanda Ballenger
Benchmark Realty, LLC
List Price
$1,300,000
Sold Price
$2,000,000
Premium/Discount to List
$700,000
53.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-14.86%
Original Mortgage
$1,920,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 3, 2021
Sold by
Glady Lau Yan Wah
Bought by
Peach James L and Peach Venetia K

Purchase Details

Closed on
Apr 30, 2002
Bought by
Lau Glady and Lau Candy Lu
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 $3,175,000 Limestone Title
Quit Claim Deed -- None Listed On Document
Special Warranty Deed $2,152,000 None Listed On Document
Warranty Deed $2,000,000 Commonwealth Land Ttl Ins Co
Warranty Deed $60,000 Whitworth Law Firm
Warranty Deed $180,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,152,000 Credit Line Revolving
Previous Owner $1,920,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2024 11/12/24 Sold $3,175,000 -20.1% --
10/10/2024 10/10/24 Pending -- -- --
08/22/2024 08/22/24 Price Changed $3,975,000 -18.9% --
07/15/2024 07/15/24 For Sale $4,900,000 +145.0% --
08/12/2021 08/12/21 Sold $2,000,000 +53.8% --
04/03/2021 04/03/21 Pending -- -- --
07/06/2020 07/06/20 For Sale $1,300,000 -- --
Source: Realtracs

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 $375 $13,750 $13,750 $0
2023 $375 $13,750 $13,750 $0
2022 $375 $13,750 $13,750 $0
2021 $375 $13,750 $13,750 $0
2020 $375 $13,750 $13,750 $0
2019 $553 $18,750 $18,750 $0
2018 $553 $18,750 $18,750 $0
2017 $553 $18,750 $18,750 $0
2016 $553 $18,750 $18,750 $0
2015 $561 $18,750 $18,750 $0
2014 $551 $18,750 $18,750 $0
2013 $551 $18,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2679255

Realtracs

APN: 020-008.05