NOT LISTED FOR SALE

Lot 188 Pheasant View Rutledge, TN 37861

1.2 Acres
-- Price per Acre
52,272 Sq Ft Lot

Last Sold April 22, 2022

Last sale price $40,000

749 Days on Market

Highlights

  • Lake View
  • Cul-De-Sac
  • Gentle Sloping Lot
  • Waterfront

About This Lot

As of April 2022

Owner Financing! Quit looking at homes where you must settle for what someone else designed. Build your permanent home or your vacation home, just the way you want it Unique opportunity to own 3 parcels of land, side by side, in the exclusive Cherokee Lake community of Mallard Baye. Buy one, two, or all three. And the current owner will Owner Finance! The lots have seasonal views of Cherokee Lake. the mountains, and yes, the Great Smoky Mountains! The land is cleared, saving the thousands of dollars that it takes to clear a parcel of this size for building a home. The lots are not lakefront but within 9 miles you can find 8 launching sites for your boat and 5 marinas to keep you boat year-round if you wish. Lot 158 is .84 of an acre and is selling for $19,900. Lot 159 is .83 of an acre and is also selling for $19,900. Lot 188 is one of the largest lots available in Mallard Baye at 1.2 acres and is selling for $49,900. If you purchase all three lots the owner will reduce the total price by $5,000, for a total price of $84,700. And, if you don't need the Owner Financing part, the price will be reduced even further to $80,000. Combined that is 2.87 acres of land. Unheard of in a Cherokee Lake community. You can build one, two, three homes on each lot. Or build on one lot and give yourself some space between you and your neighbors and hang on to the other parcels as an investment. You decide. But let's get back to the Owner Financing part. The owner is offering to finance all three lots with a $10,000 down payment at NO INTEREST, for 5 years. That's correct, you read correctly, 0 INTEREST! Tennessee, a state that offers the advantage of NO State Income Tax and some of the lowest property tax rates in the nation. Four full, mild seasons, within a day's drive of most of the nation, and the Great Smoky Mountains in its backyard. You can have this and access to Cherokee Lake, with its world-renowned fishing, boating, and recreation activities. Live the Cherokee Lake Life!

Last Agent to Sell the Property

Felix Valdes

Cherokee Lake Realty License #314535 Listed on: 04/03/2020

Last Buyer's Agent

Felix Valdes

Cherokee Lake Realty License #314535 Listed on: 04/03/2020

Property Details

Property Type

  • Land

Lot Details

  • 1.2 Acre Lot
  • Waterfront
  • Cul-De-Sac
  • Gentle Sloping Lot
  • Cleared Lot

HOA Fees

  • $6 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Utilities

  • Septic Needed
  • Fiber Optics Available
  • Internet Available
  • Cable TV Available

Community Details

  • Mallard Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 17

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Possible Use: Single Family
  • Fencing: None
  • Property Sub Type: Single Family Residence
  • Prop. Type: Land
  • Lot Size Acres: 1.2
  • Lot Size: 248/267/312/166
  • Water Body Name: Other
  • Subdivision Name: Mallard Bay
  • Directions: Enter Mallard Baye Subdivision, make a right. Turn right on Pheasant View, stay left, property will be on the left at the cu-de-sac.
  • Location Tax and Legal:Parcel Number2: 17
  • General Property Information:Lot Size Acres: 1.2
  • General Property Information:Lot Size Dimensions: 248/267/312/166
  • General Property Information:Waterfront YN: Yes
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Mobile Home Allowed:Mobile Home Allowed: No
  • View:Mountain(s): Yes
  • Utilities:Fiber Internet: Yes
  • View:Lake3: Yes
  • Utilities:DSL Internet: Yes
  • Utilities:Satellite Internet: Yes
  • Sewer:Septic Needed: Yes
  • Special Features: VirtualTour

Interior Features

  • Community Features:Other9: Yes
  • Community Features:Sidewalks: Yes
  • Community Features:Curbs: Yes

Exterior Features

  • Lot Features: Cleared, Cul-De-Sac, Gentle Sloping
  • Waterfront: Yes
  • Disclosures: None, Other
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Cul-De-Sac: Yes
  • Lot Features:Cleared: Yes

Utilities

  • Sewer: Septic Needed
  • Utilities: Cable Available, Electricity Available, DSL Internet, Fiber Internet, Satellite Internet, Other

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Other
  • Association Fee: 6.25
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Fee: 6.25
  • General Property Information:Association Fee Frequency: Monthly

Lot Info

  • Lot Size Sq Ft: 52272.0
  • Parcel #: 17
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Map Number: 076D

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $40,000 -32.8% --
03/23/2022 03/23/22 Pending -- -- --
04/03/2020 04/03/20 For Sale $59,500 -- --
Source: Lakeway Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Lakeway Area Association of REALTORS®

MLS Number: 588229

Lakeway Area Association of REALTORS®