$48,900 Price Analysis    ♡   Rutledge, TN 37861 Unknown bed 0 bath unknown SqFt ($0/SqFt) 0.78 acre lot. Listed 2024-02-11, HOA $6 | Ⓧ USDA Ineligible due to property near Rutledge |
Owners have given instructions to drop the sales price $10
000! You will NOT find a parcel of land with a better view of Cherokee Lake at this price!The owners chose this spot to build their forever home. They applied for a septic system permit with the State of Tennessee and received it. They hired a crew to clear and prep the lot for building. Photos displayed show the amount of growth that was on the lot before clearing. Then, one photo shows the end result once the land was cleared. In other words, they spent plenty of money to do what needs to be done before breaking ground. But, in life, as we all know, stuff happens and plans change. So, this family's loss can be your gain. They sincerely hope that the family that settles on this parcel of land will enjoy it as much as they would have.Lot 138, at .78 of an acre, is a large parcel of land for this community and totally cleared. Clearing and removing all the debris created by the fallen trees and brush, on plenty of this size, costs thousands of dollars. If you've ever had a large tree taken down, you know exactly what we are referring to. This writer had ONE tree taken down in my backyard and it cost over $2, 000. Which was the lowest estimate received. And receiving a septic system permit from the State will remove any doubt as to whether the land you are purchasing is suitable for building a home. Without a permit, you cannot build a home in Tennessee.
Lot 138 is prepped, approved and ready to build today!The home site has enough elevation where the designed home will have wonderful views of Cherokee Lake. But, without the steepness that would create accessibility issues as you see w ith Norris or Douglas Lake lots. This lakeview property is not lakefront, but you can WALK across the street to Cherokee Lake. And within 9 miles you can find 8 boat launching sites and 5 marinas to keep your boat year-round. Cherokee Dam, with year-round facilities for unloading your boat, parking, grilling stations, a public beach, restrooms, pavilion and campground is less than 9 miles. See accompanying photos. Grainger County Park with pavilions for family gatherings, walking trails, playgrounds and boat ramp is less than 3 miles away. High-speed fiber internet, for those of us tht work from home and cable services are also available. And, get this, total property taxes are $204 per year.Located in historic Grainger County, with its scenic farmland, but close to all necessary amenities. Jefferson Memorial Hospital (a four-star nationally ranked health care provider), Walmart, Lowe's and restaurants are within 15 miles. Knoxville, Tennessee's third largest city, is 37 miles. So, if you work in Knoxville, settle in Grainger County, where you pay lower property taxes and get much more property for the money. This much land, with this type of location would cost you five times more in lake communities around Knoxville.Tennessee, which has NO State Income Tax and four full, mild seasons. When there is 4 feet of snow on the ground up north, the ground is barely moist here. No hurricanes, no ice storms, no alligators or pythons and little history of tornadoes and flooding in this area of East Tennessee. Within an 8-hour drive of 20 states and the Great Smoky Mountains in its backyard. You can have this and access to Cherokee Lake, with its renowned fishing, boating and recreation activities by owning your dream property at a premier Cherokee Lake community.Live the Cherokee Lake Life!
Presented by Felix Valdes at
Cherokee Lake Realty.
Property MLS #702609 from LakewayArea
Lot Size Acres: 0.78
Lot Size Square Feet: 33977
Road Surface Type: Paved
Association Fee: 75
Association Fee Frequency: Annually
Association Fee Includes: Maintenance Structure
Calculated Total Monthly Association Fees: 6
Senior Community: Yes
Source Listing Status: Active
County: Grainger
Current Use: Vacant
Tax Year: 2022
Restrictions: Yes
Possible Use: Single Family
Source Neighborhood: Mallard Bay
Parcel Number: 012.00
Subdivision: Mallard Bay
Zoning: Residential
Property Subtype: Single Family Residence
Lot Number: 138
Source System Name: C2C
$48,900
LakewayArea
Listed 2024-02-11
$58,900
LakewayArea
Listing removed 2021-09-24
$0
LakewayArea
Listed 2021-06-26
$26,900
LakewayArea
Listing removed 2018-06-07
$0
LakewayArea
Relisted 2017-11-20
$14,900
LakewayArea
Listing removed 2017-06-12
$14,900
LakewayArea
Listed 2017-06-06
$14,900
LakewayArea
Listing removed 2017-02-21
$31,900
LakewayArea
Listing removed 2015-05-14
$29,000
LakewayArea
Listing removed 2015-04-10
$29,000
LakewayArea
Listing removed 2015-04-10
$29,000
LakewayArea
Listed 2015-04-08
$29,000
LakewayArea
Listed 2015-04-08
$29,000
LakewayArea
Listed 2015-04-08
$29,000
LakewayArea
Listing removed 2015-03-30
$29,000
LakewayArea
Listed 2015-03-19
$29,000
LakewayArea
Listing removed 2015-02-15
$29,000
GreatSmokyMtns
Listing removed 2015-02-14
$29,000
LakewayArea
Listed 2014-02-14
$29,000
GreatSmokyMtns
Listed 2014-02-14
$29,000
LakewayArea
Listed 2013-02-14
$31,900
LakewayArea
Cable Available
Electricity Available
Fiber Internet
Phone Available
Water Source: Well Needed
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.