NOT LISTED FOR SALE

Estimated Value: $1,150,000 - $1,302,000

5 Beds
5.5 Baths
5,545 Sq Ft
$218/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $1,124,000 $203 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,039/month

56 Days on Market

Highlights

  • Boat Ramp
  • Lake View
  • Community Lake
  • Northshore Elementary School Rated A-
  • Landscaped Professionally
  • Deck

About This Home

As of August 2023

The Prestigious Gated Lakefront Community of Mallard Bay is calling your name! Featuring private community Lake Access on Fort Loudoun Lake with the Dreamiest of Southern Sweet Homes you can find! This exquisite all brick traditional sweeping front porch beauty is welcoming you home from the moment you drive up. Located on a corner cul de sac lot professionally landscaped, private and ready for entertaining. This home boasts of family friendly living from the Sweet Tea front porch watching to the gorgeous Hardwood Floors throughout the main floor. Extensive Crown Moldings, Plantation Shutters & Custom Built-ins elevate the main level. Formal Dining Room with Wainscoting & Opulent Crown Molding. Study/Homeschool Room with front porch view. Light-filled Living Room with striking Stone Fireplace & Built-in Wet Bar area. Kitchen Custom Cabinets & Vent Hood, Granite Countertops & not 1 but 2 Islands for entertaining friends & family with polished ease. Extend the festivities outside with Several hosting spaces for great convos & Outdoor Dining. 2nd Level Living includes Owner's Ensuite with Stunning Soaker Tub, Beautifully Appointed Shower and Custom Walk-In Closet with a 2nd Closet for all the extras. Jill & Jill bedrooms & bath along with a 4th ensuite Bedroom. Bonus Playroom/Media Room and large Laundry Room finish out the 2nd Level. Hideaway with 3rd Level Living! Remarkably sized Bonus Flex Room and Full Bath with Luxurious Sauna fit for a private spa day. Finished Basement Living with Gracious Layout. Bedroom, Full Bath and Flex room, Expansive Pantry Storage Room, Desirable Spacious Living Room & Cozy Fireplace, along with Walk Out Patio Areas. Make Your Real Estate Dreams A Reality - Schedule Your Showing Today!

Last Listed By

Carl Collins

ReMax Preferred Properties, In License #352375 Listed on: 05/30/2023

ReMax Preferred Properties, In

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,279

Year Built

  • Built in 2005

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 237 x 62
  • Fenced Yard
  • Landscaped Professionally
  • Corner Lot
  • Level Lot
  • Rain Sensor Irrigation System

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Property Views

  • Lake Views
  • Countryside Views

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 5,545 Sq Ft Home
  • Wet Bar
  • Living Quarters
  • Wired For Data
  • Ceiling Fan
  • 2 Fireplaces
  • Stone Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Storage Room

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Recreation or Family Area in Basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Deck
  • Covered patio or porch

Schools

  • Farragut Middle School
  • Farragut High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Property Available on 6/1/23
  • Assessor Parcel Number 162FC066

Community Details

Overview

  • Mallard Bay Unit 4 Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Picnic Area

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,279

Year Built

Built in 2005

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • Directions: West on Northshore, right on Choto Road, Right on Mallard Bay Drive. Home is at 12126 Mallard Bay Drive.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2005
  • Lot Size Acres: 0.51
  • Lot Size: 237 x 62
  • Subdivision Name: Mallard Bay Unit 4
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • General Property Description:Lot Size SqFt: 22243.0
  • Lot Description:Corner Lot: Yes
  • View:Lake: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1348.0
  • General Property Description:SqFt - Down Lvl: 1348.0
  • General Property Description:SqFt - 2nd Flr Lvl: 2079.0
  • General Property Description:SqFt - 3rd Flr Lvl: 770.0
  • General Property Description:_pound_ Fireplace: 2.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Percent Basement Finished: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Basement Walkout: Yes
  • Dining Area:Formal Dining Area: Yes
  • Misc Features:Wired for Internet: Yes
  • Misc Features:Whirlpool Tub: Yes
  • Misc Features:Wet Bar: Yes
  • Special Features: Luxury

Interior Features

  • Appliances: Dishwasher, Disposal, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Stone
  • Fireplaces: 2
  • Flooring: Carpet, Hardwood, Tile
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Security Alarm: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Addl Living Quarter: Yes
  • Other Rooms:Basement Rec Room: Yes
  • Other Rooms:DenStudy: Yes
  • Misc Features:Island in Kitchen: Yes
  • Other Rooms:Breakfast Room: Yes
  • Fireplace:Stone2: Yes
  • Fireplace:Gas5: Yes
  • Other Rooms:_two_nd Rec Room: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • Exterior Features: Irrigation System, Windows - Insulated, Fenced - Yard, Patio, Porch - Covered, Prof Landscaped, Deck, Balcony
  • View: Country Setting, Lake
  • Lot Features: Corner Lot, Level
  • Construction Type: Brick
  • Exterior Features:Deck: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Construction:Brick5: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Prof Landscaped: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Irrigation System: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Garage Door Opener, Attached, Side/Rear Entry, Main Level
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:SideRear Entry: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Association Fee: 500.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Sidewalks: Yes
  • Community Amenities:Boat Ramp: Yes
  • Community Amenities:Lake Access2: Yes
  • Community Amenities:PicnicBarbeque Area: Yes

Schools

  • High School: Farragut
  • Middle Or Junior School: Farragut

Lot Info

  • Lot Size Sq Ft: 22243.0
  • Parcel #: 162FC066
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2023-06-01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2023
Closed on
Aug 25, 2023
Sold by
Martin Scott and Martin Jennifer
Bought by
Peterson Ryan M
Seller's Agent
Carl Collins
ReMax Preferred Properties, In
Buyer's Agent
Millicent Blalock
Wallace
List Price
$1,249,000
Sold Price
$1,124,000
Premium/Discount to List
-$125,000
-10.01%
Total Days on Market
56
Views
218
Current Estimated Value
$1,207,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,110
Avg. Annual Appreciation
4.39%
Original Mortgage
$899,000
Outstanding Balance
$884,127
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$322,983

Purchase Details

Listed on
May 9, 2018
Closed on
Mar 22, 2019
Sold by
Amin Indumati and Amin Kalpesh
Bought by
Martin Scott and Martin Jennifer
Seller's Agent
Melissa Smith
Wallace
Buyer's Agent
TINA DAVIS
Curtis Realty
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.34%
Original Mortgage
$300,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2014
Sold by
Amin Deepesh
Bought by
Amin Kalpesh

Purchase Details

Closed on
Jul 11, 2013
Sold by
Amin Indumati
Bought by
Amin Indumati and Amin Kalpesh

Purchase Details

Closed on
Mar 20, 2008
Sold by
Phillips Bruce K and Phillips Denise L
Bought by
Amin Mahendra and Amin Indumati

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,500
Interest Rate
5.62%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 1, 2006
Sold by
E L Duncan Builder Inc
Bought by
Phillips Bruce K and Phillips Denise L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 31, 2005
Sold by
Mallard Bay Properties
Bought by
E L Duncan Builder Inc

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Peterson Ryan M $1,124,000 Crown Title
Martin Scott $575,000 None Available
Amin Kalpesh -- None Available
Amin Indumati -- None Available
Amin Mahendra $620,000 Real Estate Title Knoxville
Phillips Bruce K $650,920 Pyramid Title Inc
E L Duncan Builder Inc $94,000 Tennessee Valley Title Insur
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Ryan M $899,000
Previous Owner Martin Scott $250,000
Previous Owner Martin Scott $548,250
Previous Owner Martin Scott $510,000
Previous Owner Martin Scott $504,000
Previous Owner Martin Scott $300,000
Previous Owner Amin Mahendra $365,799
Previous Owner Amin Mahendra $140,500
Previous Owner Amin Mahendra $417,000
Previous Owner Phillips Bruce K $270,000
Previous Owner E L Duncan Builder Inc $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $1,124,000 -2.2% $203 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/08/2023 07/08/23 Price Changed $1,149,000 -4.2% $207 / Sq Ft
06/24/2023 06/24/23 Price Changed $1,199,000 -4.0% $216 / Sq Ft
06/01/2023 06/01/23 For Sale $1,249,000 +117.2% $225 / Sq Ft
03/22/2019 03/22/19 Sold $575,000 -- $121 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,279 $211,025 $0 $0
2023 $3,279 $211,025 $0 $0
2022 $3,279 $211,025 $0 $0
2021 $3,486 $164,450 $0 $0
2020 $3,486 $164,450 $0 $0
2019 $3,486 $164,450 $0 $0
2018 $3,486 $164,450 $0 $0
2017 $3,486 $164,450 $0 $0
2016 $3,470 $0 $0 $0
2015 $3,470 $0 $0 $0
2014 $3,470 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: East Tennessee REALTORS® MLS

MLS Number: 1228617

East Tennessee REALTORS® MLS

APN: 162FC-066