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Sold for $725,000 on 08/25/23
  • $725,000

    358 Baye Rd, Rutledge, TN 37861

    3beds
    2,598sqft
    Single Family Residence, Residential
    Built in 1998
    1.08 Acres Lot
    $774,400 Zestimate®
    $279/sqft
    $2,720 Estimated rent

    Home value

    $774,400

    $720,000 - $829,000

    $2,720/mo

    Zestimate® history
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    What's special

    Lakeview. Lakefront. Over one acre of land. All-brick low maintenance home. Is this what you've been searching for? Then STOP. This is it! Most homes in lakefront communities are on less than one acre of land. Why? Lakefront developers will typically cut up the lots to an average of half an acre. At this size they can sell more lots. More lots to sell, more profit. Not this one. Look at aerial photos. You want a front yard. You've got it. You want a backyard. You've got it. You want to install a swimming pool. You have the space for it. 160 feet of dockable lakefront land. What does that mean? On a lot (no pun intended) of TVA controlled lakefronts, Cherokee Lake included, TVA will not grant you a permit to build a dock. Here you can. There is an existing small dock that stays with the property. But you want to upgrade? Build a bigger one? You can. The permit can be transferred. All brick construction with vinyl soffit and fascia on the home's exterior. Enjoy Lake Life without worrying about painting/staining the exterior walls, overhangs, and eaves. And the cost that this adds to home ownership. An open floor plan. LVP Flooring in the living and bedroom areas. One of the most durable flooring options out there. It can withstand water and moisture, as well as wear and tear. Luxury tile in other areas of the home. A partially finished basement with extra space. A two-car garage at the entrance to the home, with a second garage, fronting the lake. Use this space for water toys, a workshop, or as the current homeowner has done, extra storage. The home had a new roof installed last year as well as a new well pump with a water softener system. 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. When there is 4 feet of snow on the ground up north, the ground is barely moist here! Within an 8-hour drive of 20 neighboring states, 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. Looking for Lake Life, East Tennessee style? This home is for you. Live the Cherokee Lake Life!

    Zillow last checked: 8 hours ago

    Listing updated: August 27, 2024 at 04:05am

    Listed by:

    Felix Valdes 865-471-8222,

    Cherokee Lake Realty

    Bought with:

    Non Member

    Non Member - Sales

    Source: Lakeway Area AOR,MLS#: 700178MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    Bedroom 1
    • Level: Main
    Bedroom 2
    • Level: Main
    Primary bathroom
    • Level: Main
    Bathroom 1
    • Level: Main
    Bathroom 2
    • Level: Basement
    Basement
    • Level: Basement
    Bonus room
    • Level: Basement
    Bonus room
    • Level: Basement
    Great room
    • Level: Main
    Kitchen
    • Level: Main
    Heating
    • Electric, Fireplace(s), Heat Pump
    Cooling
    • Electric, Heat Pump
    Appliances
    • Included: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, ENERGY STAR Qualified Appliances, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Stainless Steel Appliance(s), Washer, Washer/Dryer, Water Heater, Water Softener Owned
    • Laundry: Laundry Room, Main Level
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), Entrance Foyer, High Speed Internet, His and Hers Closets, Kitchen Island, Laminate Counters, Open Floorplan, Pantry, Soaking Tub, Walk-In Closet(s)
    • Flooring: Concrete, Luxury Vinyl, Tile
    • Windows: Insulated Windows, Screens
    • Basement: Block,Concrete,Exterior Entry,Full,Interior Entry,Partially Finished,Storage Space,Walk-Out Access,Walk-Up Access,Other
    • Number of fireplaces: 1
    • Fireplace features: Gas, Great Room
    Interior area
    • Total structure area: 1,036
    • Total interior livable area: 2,598 sqft
    • Finished area above ground: 1,873
    • Finished area below ground: 725

    Property

    Parking
    • Total spaces: 4
    • Parking features: Additional Parking, Concrete, Direct Access, Driveway, Garage, Garage Door Opener, Garage Faces Front, Garage Faces Rear, On Site, Storage
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    • Details: 2 more spaces
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Dock, Private Yard, Rain Gutters, Storage
    • Fencing: None
    • Has view: Yes
    • Waterfront features: Lake Front, Lake Privileges, Waterfront
    • Body of water: Cherokee Lake
    • Frontage type: Other
    Lot
    • Size: 1.08 Acres
    • Features: Back Yard, Front Yard, Gentle Sloping, Landscaped, Native Plants, Views, Waterfront
    Details
    • Parcel number: 008.00

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence, Residential
    Materials
    • Block, Brick, Concrete, Other
    • Foundation: Block, Slab
    • Roof: Shingle
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1998

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Utilities for property: Cable Connected, Electricity Connected, Phone Connected, Water Connected, Fiber Internet

    Community & neighborhood

    Community
    • Community features: Curbs, Fishing, Lake
    Location
    • Region: Rutledge
    • Subdivision: Mallard Bay

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $100 annually
    • Amenities included: Maintenance Structure
    • Services included: Maintenance Grounds, Maintenance Structure
    • Association name: Mallard Baye

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
    • Road surface type: Paved

    Price history

    DateEventPrice
    8/25/2023Sold$725,000-5.8%$279/sqft
    Source: Lakeway Area AOR #700178
    6/22/2023Pending sale$769,900$296/sqft
    Source: Lakeway Area AOR #700178
    6/18/2023Listed for sale$769,900+181%$296/sqft
    Source: Lakeway Area AOR #700178
    5/30/2018Sold$274,000+19.7%$105/sqft
    Source: East Tennessee Realtors #1036043
    7/13/2000Sold$229,000+1.8%$88/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2024$1,798 $76,525
    2023$1,798 +2.3%$76,525
    2022$1,757 $76,525

    Find assessor info on the county website

    Neighborhood: 37861

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: Rutledge
    • High: Grainger High School

    Source: Lakeway Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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