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HOT 200 TANASI LAGOON DR LOUDON, TN 37774
- Single Family Home / For Sale by Owner
Property Details for 200 TANASI LAGOON DR, LOUDON, TN 37774
Features
- Price/sqft: $234
- Lot Size: 0.1 acres
- Total Units: 1
- Stories: 100
- Roof Type: Composition Shingle
- Heating: Heat Pump
Facts
- Year Built: 01/01/1997
- Property ID: 619734416
- Parcel Number: 043I-C-017.00
- Property Type: Single Family Home
- County: LOUDON
Description
This property is offered for sale directly by the owner. For Sale By Owner homes, also known as FSBOs, can be a good buying opportunity, because the owner will save up to 6% when there are no brokers involved in the transaction. This leaves more room for price negotiation and potential buyer savings.
This listing is NOT a foreclosure. 3% commission to selling Realtor This townhome is on the Lagoon with easy access to and a year round spectacular view of Tellico Lakes main channel. Theres a footbridge over the Lagoon, and paved pathway through the meadow. For boaters, there are two floating docks with boat slips. You can see all of this from the nicely updated kitchen, sunroom, master bedroom, deck and paver patio. Stated Square footage does not include 16x11 four season sunroom and 23x12 storage/workshop on basement. Actual square footage including 4 season sunroom is 2075.Amenities: Andersen replacement windows, new exterior awning in sunroom;new 16 tile flooring throughout sunroom, kitchen, laundry room; hardwood flooring throughout entry, dining room, hallway; updated master bath raised vanity with granite top, huge shower with seat and multiple shower heads, pocket door to private toilet room; updated kitchen - granite counter tops, stainless steel appliances, abundance of 42 cabinets, pocket door to laundry room; laundry room - 42 cabinets, built-in shelving, slide-out pantry; deep crown molding in entry, dining room, great room, hallway, master bedroom; large composite deck with stairs, new remote controlled deck awning, paver patio beneath; finished, heated and cooled work shop/storage room in basement; walk-in crawl spaceTellico Village Maintenance $119.00/month. Tellico Village Townhouse Assoc. Assessment $139.54/month. Tanasi Lagoon Annual Assessment: $330.00/year.2/17/2020Market Analysis for 200 Tanasi Lagoon Drive, offered for sale at $444,900.Market value per the following three real estate websites:Zillow: $432,723Trulia: $432,847Realtor.com: $467,900Average: $444,490The tax record states the square footage of 200 Tanasi Lagoon Dr at 1899. This figure does not include the 16x11 four season sunroom, bringing square footage to 2075. There is also a 12x23 finished workshop or storage room in the basement.A townhome on the south side of the Lagoon (backs on lagoon, not main channel) recently sold for 31.5% over the tax value. The Loudon County tax assessor values 200 Tanasi Lagoon at $334,000. Applying a 31.5% increase to $334,000 indicates a market value of $439,210.In August 2013, a lagoon unit with finished walk-out basement sold for $339,000. Thats 19% more than 200 Tanasi Lagoon sold for at the end of 2012. Applying that same analysis to a finished walk-out basement unit selling for $525,000 in August 2019, indicates a fair market value of $441,000 for 200 Tanasi Lagoon Drive.
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Bargain Price Bargain Buy - Save Over 20% The Asking Price for this home is at least 20% below the Estimated Value. Buying a home at a price below the market value can save thousands of dollars and create wealth in home equity faster.
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