5 months on rocket

370 Cormorant Dr, Vonore, TN, 37885

$314,900

0.40 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #1264545
Lot Size0.40 Acres
StatusActive

About 370 Cormorant Dr

Amazing Views! **'Seller will offer $10,000 to go toward buyers buy down points, closing costs, etc. with acceptable offer.** Beautiful lakefront lot with 147 feet on Tellico Lake in the exclusive Rarity Bay development. This lot is ready for you to clear your building site and open up the amazing views of Tellico lake to your very own lakefront oasis. And there are mountain views too! The deer roaming and grazing is a common sight to see. Rarity Bay is loaded with amenities including a 72-hole golf course, clubhoue and pro-shop, putting greens, pool, tennis courts, Equestrian center, recreation facilities, and boat ramp. Rarity Bay also has a gate controlled and manned entry. Tellico Lake is renoun for its boating, skiing, and fishing. The sellers absolutely love this property, but have decided to stay closer to their family, and are selling this property at a loss. What an opportunity! There are underground utilities too. May require Additional Social membership, Contact Rarity Bay Club for fees and dues. For more information on Rarity Bay visit: www.RarityBayLiving.com and www.RarityBaycai.com. *Drone photography used.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (865) 977-0770

Lot Features

Lot Information:

  • Lot: Rolling/Hilly
  • Lot Size: 0.40 Acres

Other

Directions Information:

  • Directions: From Hwy 72 enter Rarity Bay Parkway to the gate house. Take Rarity Bay Parkway and then turn right on Crossbill Dr. Turn left on Bluffhead to the stop sign. The property's boundary is directly across from this intersection. There is no RE sign on this property. Bring plat map.

Price Information

Listing Price Info

Price Summary:

  • List Price: $314,900

HOA Fees:

  • Amount: $1100
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,014
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Vonore, TN.

Med. Sold Price

$523.5K

Med. Price/SqFt

$246

Avg. Days On Market

42

# of Sold Homes

8

370 Cormorant Dr vs Vonore

175 DAYS ON ROCKET

+133 Days

$314,900

-$208.6K Less

KEY TAKEAWAY

This property is $208.6K 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: #1264545

Listing Office:

  • Office Name: Keller Williams
  • Office Phone: (865) 977-0770

IDX 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.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:50:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 28, 2006Home Sold
$340,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,014$56,250
2019$1,014$56,250
2018$1,014$56,250
2017$1,046$56,250

History based on county public records data.

Payment Calculator

$1,730

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,011

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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.

Nearby Schools

school-card-donut-476070
4
/10
  • Vonore Elementary School

  • 1135 Highway 411

  • 3.92 miles

  • Public District Grades PK-4

school-card-donut-476071
6
/10
  • Steekee Elementary School

  • 4500 Steekee School Rd

  • 6.19 miles

  • Public District Grades PK-5

school-card-donut-476072
4
/10
  • Loudon Elementary School

  • 2175 Roberts Rd

  • 7.83 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,438. Residents of Vonore, TN typically earn between $35k-100k each year. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 370 Cormorant Dr

What is the listing price of this property?

The listing price of 370 Cormorant Dr property is $314,900.

What type of property is this?

The property 370 Cormorant Dr is land located in Vonore, Tennessee, 37885.

Is this property for sale now?

Active Listing: 370 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 $1,014 (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 28, 2006 for $340,000. (source: MLS/tax record).

How much acreage is this property?

The property 370 Cormorant Dr is 0.40 acres.
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Rocket HomesTennesseeMonroe CountyVonore37885370 Cormorant Dr

This home is located at 370 Cormorant Dr in Vonore, TN and zip code 37885 in the Rarity Bay neighborhood. This home sits on a 0.40 acre lot. It has been listed on Rocket Homes since May 31, 2024 and is currently priced at $314,900.

In October 2024 more than 0 listings in Vonore, TN were sold above the asking price. During the same period more than 2 listings were sold at asking price, while 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%. Listings spent 42 days on the market in October 2024, and had a median list price of $523,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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