NOT LISTED FOR SALE

Lot 5 Mallard Baye Rutledge, TN 37861

0.71 Acre
-- Price per Acre
30,928 Sq Ft Lot

Last Sold August 11, 2023

Last sale price $122,000

144 Days on Market

About This Lot

As of August 2023

Looking for land that is lakefront on Cherokee Lake? Check! That can have a private dock on the property? Check! Not in a flood zone? Check! Close to an acre of land with ample room for a front and backyard? Check! At a great community? Check! At a lower price than other available lakefront lots? Check! With low property taxes? Check! Well, quit looking. This parcel of land checks all the boxes! Buy this lot to build on or buy it and hold on to it as an investment. Your call! Lot 5 has sold twice within the last year, each time turning a profit for the seller. It is now owned by a developer that will be building on it in spring. But until then, he is listing if for sale. If it sells fine. If not fine. Then he will build a lakefront home and sell it that way. And, though he is obviously selling it for more than what he paid, this lot is still undervalued. Lakefront lots that can have a dock on the property are becoming rare. There is not a comparable lakefront lot in the area selling at this price! Total property taxes in 2021 were only $230. The lot has enough mature landscaping for you to create privacy between you and neighbors. Pick and choose what trees you wish to keep. Located in Grainger County, with its scenic farmland but close to everything. Cherokee Dam, with year-round facilities for unloading your boat, grilling stations, a public beach, restrooms, pavilion, and campground is within 8 miles. Jefferson Memorial Hospital, a 4-star nationally ranked health care provider, is 12 miles. Shopping? 15 miles from Walmart and Lowe's. Knoxville is within 37 miles. Pigeon Forge, less than an hour. Tennessee offers the advantage of NO State Income Tax and some of the lowest property tax rates anywhere. 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 all this and access to Cherokee Lake, with its world-renowned fishing, and boating activities. Live the Cherokee Lake Life!

Last Agent to Sell the Property

Felix Valdes

Cherokee Lake Realty License #314535 Listed on: 02/23/2023

Last Buyer's Agent

Felix Valdes

Cherokee Lake Realty License #314535

Property Details

Property Type

  • Land

Lot Details

  • 0.71 Acre Lot
  • Lake Front
  • Property fronts a county road
  • Cleared Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $6 Monthly HOA Fees

Property Views

  • Lake Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 076D A 005.00

Community Details

Overview

  • Mallard Baye Subdivision

Recreation

  • Access To Lake

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Directions: From Hwy 92, turn on Lakeshore Drive. Enter Mallard Baye subdivision on right. Make immediate right, follow curve, as you sweep left, lot is on the left.
  • Prop. Type: Lots & Acreage
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.71
  • Lot Size: 119/249/134/234
  • Subdivision Name: Mallard Baye
  • Utilities Available:Cable TV2: Yes
  • Utilities Available:Electricity4: Yes
  • Utilities Available:Telephone5: Yes
  • Road Frontage:County4: Yes
  • Property Sub-Type:Lake Front: Yes
  • Topography:Partially Cleared: Yes
  • Lot Description:Lake Access: Yes
  • Lot Description:Lakefront: Yes
  • View:Lake: Yes
  • View:Lakefront2: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Lake
  • Lot Features: Lake Access, Lakefront
  • Topography: {"Partially Cleared":true}
  • Road Frontage Paved: Yes

Condo/Co-op/Association

  • Association Fee: 75.0
  • Association Fee Frequency: Yearly

Association/Amenities

  • Community Amenities:Other45: Yes

Lot Info

  • Lot Size Sq Ft: 30927.6
  • Parcel #: 076D A 005.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2023 08/11/23 Sold $122,000 0.0% -- View Prior Sale
08/11/2023 08/11/23 Sold $122,000 -9.6% --
07/18/2023 07/18/23 Pending -- -- --
06/26/2023 06/26/23 Price Changed $134,900 +3.8% --
02/23/2023 02/23/23 For Sale $129,900 0.0% --
07/25/2022 07/25/22 For Sale $129,900 -- --
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1218810

East Tennessee REALTORS® MLS