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Tellico Village 37774
302 Coyatee Shores Trace
Photo of 302 Coyatee Shores Trace
Sold on Jun 30, 2023

6

Map

Photo of 302 Coyatee Shores Trace
Photo of 302 Coyatee Shores Trace
$500,000
● House - Off Market

302 Coyatee Shores Trace

Loudon, TN 37774
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,040 Ft²
$500,738
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Want to downsize or looking for a 2nd home? This stand-alone town home has no shared walls and is located in the Coyatee Shores neighborhood on the north end of Tellico Village. Open floor plan with crown moldings, coffered ceilings and arched doorways throughout. The split bedroom plan provides privacy for you and your guests. Everything on one level! Enjoy all the amenities Tellico Village has to offer, including 3 championship 18 hole golf courses, casual restaurants, indoor and outdoor swim centers, pickle ball and tennis centers, miles of walking trails, community center, marinas and more!
Unit Size
2,040 Ft²
Days on Market
-
Land Size
0.11 acres
Price per sqft
$245
Property Type
House
Property Taxes
$119
HOA Dues
$343
Year Built
2001

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 months ago (Realtracs #RTC3507045)

Price History

Date / Event Date Event Price
Jun 30, 2023 Sold
Premium
Sold
May 25, 2023 Listed by CENTURY 21 Legacy $499,900
Listed by CENTURY 21 Legacy

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 58
  • Exterior Walls Type: 25
  • Interior Walls Type: 3
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 126
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 2,480
  • Gross Building Area: 2,480
  • Building Area: 2,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 8
  • Heated Square Feet: 2,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE SHORES
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 03
  • State Land Use Code: C00
  • Legal Description 1: THE SHORES BLK: 1 LOT: 27 01 038O H 038O 02700 000

Neighborhood

  • School District Name: Loudon County School District
  • School Tax School District: 53957
  • Census Tract: 060505

Geography

  • Assessors Map Reference: 034M
  • District: 01
  • Parcel: 034M-B-027.00
  • Block: 1
  • Lot: 27
  • Municipality: TELLICO VILLAGE
  • Latitude: 35.7442
  • Longitude: -84.2632

    Address

  • Full Address: 302 Coyatee Shores Trce
  • Address - House Number: 302
  • Address - Street Name: Coyatee Shores
  • Address - Suffix Type: Trce
  • State: TN
  • City Name: Loudon
  • Carrier Code: R011
  • 4-Digit Zip Code: 3239
  • Zip Code: 37774

Valuation

    Tax

  • Total Area: 2,040
  • Tax Year: 2022
  • Tax Amount: $142,300
  • Tax Rate Code Area: 53A05

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 590,606
  • High Value: 690,331
  • Low Value: 490,882

    Market Valuation

  • Market Total Value: $393,600
  • Market Land Value: $100,000
  • Market Improvement Value: $293,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $98,400
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $73,400

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jul 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5832
  • Previous Sale Recording Date: Nov 15, 2013
  • Previous Sale Contract Date: Nov 04, 2013
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Tellico Village

Stats & Trends

Median Asking:

$699,900

Sale Price/ft²

$271

Below Asking

0.01%

Average Days on Market

94

Average Home Size

2846 ft²

Average Home Age

16.7 years

Currently For Sale

97 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Realtracs

Listed by: Tim Seay, CENTURY 21 Legacy
Last Updated: 3 months ago
Data Source: Realtracs, MLS# RTC3507045
All information should be verified by the recipient and none is guaranteed as accurate by Realtracs.
Brokerage email: [email protected]

Frequently Asked Questions

When was property at 302 Coyatee Shores Trace built and last sold?
The property at 302 Coyatee Shores Trace was built in 2001 and last sold on Jun 30, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 302 Coyatee Shores Trace is $506,190.
What are some comparable homes to 302 Coyatee Shores Trace?
There are currently no comparable homes to 302 Coyatee Shores Trace.
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