Best priced lakefront homesite on Tellico Lake featuring a gentle slope, cleared and ready for your dream home. Build your home eastern facing and enjoy views of the lake. Property has previous TVA permit for a shared dock with neighboring house but no dock was constructed. Free transferable golf membership available if desired, $25,000 value! Come enjoy the resort-style amenities of this gated paradise, including a championship golf course, clubhouse, pool, fitness center, and more. Don't miss out on experiencing the Rarity Bay lifestyle. Call today to schedule a showing!
Property Details
Property Features
Listing Office:
Office Name: Lakefront Living, On the Lake
Office Phone: (423) 519-3258
Exterior Features
Exterior Information:
Waterfront: Lake Front
View: Lake
Lot Features
Lot Information:
Lot: Near Golf Course, Waterfront, Private, Rolling/Hilly
Lot Size: 0.36 Acres
Other
Directions Information:
Directions: I-75 to exit 72 (Loudon). Turn east, proceed 13.2 miles to Rarity Bay; entrance on left.
Price Information
Listing Price Info
Price Summary:
List Price: $299,900
HOA Fees:
Amount: $1100
Frequency: Annually
Tax Information:
Annual Amount: $338
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Vonore, TN.
This property is $223.6K less than the Median Sold Price in Vonore, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1274188
Listing Office:
Office Name: Lakefront Living, On the Lake
Office Phone: (423) 519-3258
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,655
Per Month
Principal & Interest
$1,497
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$91
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$966
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Vonore Elementary School
1135 Highway 411
Distance between this listing and this school3.68 miles
Public District Grades PK-4
6
/10
Steekee Elementary School
4500 Steekee School Rd
Distance between this listing and this school6.30 miles
Public District Grades PK-5
4
/10
Loudon Elementary School
2175 Roberts Rd
Distance between this listing and this school7.95 miles
Public District Grades PK-5
Nearby Schools
6
/10
Vonore Middle School
414 Hall St
Distance between this listing and this school3.13 miles
Public District Grades 5-8
4
/10
Ft. Loudoun Middle School
1083 Mulberry St
Distance between this listing and this school8.45 miles
Public District Grades 6-8
4
/10
Philadelphia Elementary School
300 Spring St
Distance between this listing and this school9.53 miles
Public District Grades PK-8
Nearby Schools
6
/10
Greenback School
6945 Morganton Rd
Distance between this listing and this school3.61 miles
Public District Grades PK-12
5
/10
Sequoyah High School
3128 Highway 411
Distance between this listing and this school7.86 miles
Public District Grades 9-12
5
/10
Loudon High School
1039 Mulberry St
Distance between this listing and this school8.58 miles
The neighbors living near this home have an average income of $73,438. Typical income of Vonore, TN residents is between $35k-100k annually. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 230 Cormorant Dr
What is the listing price of this property?
The listing price of 230 Cormorant Dr property is $299,900.
What type of property is this?
The property 230 Cormorant Dr is land located in Vonore, Tennessee, 37885.
Is this property for sale now?
Active Listing: 230 Cormorant Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $338 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on August 2, 2018 for $340,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 230 Cormorant Dr in Vonore, TN and zip code 37885 in the Rarity Bay neighborhood. This home sits on a 0.36 acre lot. It has been listed on Rocket Homes since August 24, 2024 and is currently priced at $299,900.
While more than 0 listings in Vonore, TN in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 6 were sold below. Between September 2024 and October 2024, Vonore, TN real estate market has seen decrease in the number of listings by 5.4%. In October 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $523,500.
From Rocket Homes Real Estate and based on county public records data.