5 months on rocket

116 Ootsima Way, Loudon, TN, 37774

$579,900

Home List Price

$6,886*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,200 SqFt
$264/SqFt
House
Schools Nearby

Location

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116 Ootsima Way, Loudon$579,900

Buyer Closing Credits

$6,886*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Attached, Main Level
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingCentral, Electric
CoolingCentral Air
FireplaceInsert
MLS #1244946
Lot Size0.34 Acres
StatusActive

About 116 Ootsima Way

Introducing the latest Addition to Tellico Village Luxury Homes! This Stunning Single Level Family Home features an Exceptional Floor Plan, will be a Buyers Favorite, and is Possibly the First One to be built in Tellico Village. With an Estimated Completion Scheduled for mid-January, this Stunning Rancher is taking shape very Quickly with 3 BR's, 2.5 BA's and 2 Car-Garage. Incredible Quality expressed in every Detail with Traditional Finishes while blending with contemporary Amenities like Luxury Vinyl Flooring throughout and Large Windows for Ultimate Natural Light. The Open Gourmet Kitchen will be complete with Custom Cabinetry, Huge Center Island, Large Pantry and SS Appliance Package. Nestled on a Level lot with Large Backyard and Common Area in the back for added Privacy. Explore the Great Outdoors with just a Short Stroll to Chota Recreational Center with access to many Indoor & Outdoor Activities, like a full Gymnasium where Villagers play Basketball & Badminton, Outdoor Swimming Pool, Full Tennis Court and more... It's a Very Special Offering, You Will Love Coming Home to this Masterpiece!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2024
  • Living Area: 2,200 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 588-3232

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal
  • Basement: No
  • Flooring Type: Vinyl, Tile
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s)
  • Fireplace: Insert

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Windows - Vinyl, Windows - Insulated, Porch - Covered

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Attached, Main Level

Lot Features

Lot Information:

  • Lot: Level, Rolling/Hilly
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Loudon High School, Public District Grades 9-12
  • Greenback School, Public District Grades PK-12
  • Ft. Loudoun Middle School, Public District Grades 6-8
  • North Middle School, Public District Grades 5-8
  • Steekee Elementary School, Public District Grades PK-5
  • Loudon Elementary School, Public District Grades PK-5
  • Highland Park Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Tellico Parkway, Right on Chota Rd, Right on Ootsima Way, keep going straight past Kawga Way to property on the corner of where Ootsima Way meets Ootsima Lane.

Price Information

Listing Price Info

Price Summary:

  • List Price: $579,900
  • Price Per SqFt: $264/SqFt

HOA Fees:

  • Amount: $167
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $68
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Loudon, TN.

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Loudon, TN

City

Med. Sold Price

$557.9K

Med. Price/SqFt

$248

Avg. Days On Market

58

# of Sold Homes

58

116 Ootsima Way vs Loudon

179 DAYS ON ROCKET

+121 Days

$579,900

+$21.9K More

$264/SqFt

+$15 More

KEY TAKEAWAY

This property is $21.9K more than the Median Sold Price and $15/SqFt more than other homes in Loudon, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1244946

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 588-3232

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 8:20:24 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 21, 1988Home Sold
$12,500

Tax History

YEARPROP. TAXASSESSMENT
2020$68$2,500
2019$68$3,750
2018$68$3,750
2017$70$3,750

History based on county public records data.

Payment Calculator

$3,129

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,805

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4386212
6
/10

  • Steekee Elementary School

  • 4500 Steekee School Rd

  • 3.30 miles

  • Public District Grades PK-5

school-card-donut-4386213
4
/10

  • Loudon Elementary School

  • 2175 Roberts Rd

  • 4.63 miles

  • Public District Grades PK-5

school-card-donut-4386214
7
/10

  • Highland Park Elementary School

  • 4404 Highway 11 E

  • 7.81 miles

  • Public District Grades PK-4

Middle School

school-card-donut-4386215
4
/10

  • Ft. Loudoun Middle School

  • 1703 Roberts Rd

  • 4.61 miles

  • Public District Grades 6-8

school-card-donut-4386216
8
/10

  • North Middle School

  • 421 Hickory Creek Rd

  • 9.76 miles

  • Public District Grades 5-8

High School

school-card-donut-4386217
5
/10

  • Loudon High School

  • 1039 Mulberry St

  • 5.24 miles

  • Public District Grades 9-12

school-card-donut-4386218
5
/10

  • Greenback School

  • 400 Chilhowee Ave

  • 5.71 miles

  • Public District Grades PK-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,439. The most common annual income of people living in Loudon, TN is between $35k-100k. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 116 Ootsima Way

What is the listing price of this property?

The listing price of 116 Ootsima Way property is $579,900.

What type of property is this?

The property 116 Ootsima Way is a house located in Loudon, Tennessee, 37774.

Is this property for sale now?

Active Listing: 116 Ootsima Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 116 Ootsima Way are:
Steekee Elementary School: GreatSchools Rating 6/10
Loudon Elementary School: GreatSchools Rating 4/10
Highland Park Elementary School: GreatSchools Rating 7/10
Ft. Loudoun Middle School: GreatSchools Rating 4/10
North Middle School: GreatSchools Rating 8/10
Loudon High School: GreatSchools Rating 5/10
Greenback School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $68 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 21, 1988 for $12,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 116 Ootsima Way has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 116 Ootsima Way is 2,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 116 Ootsima Way is 2024.

Rocket Homes›Tennessee›Loudon County›Loudon›37774›116 Ootsima Way

This home is located at 116 Ootsima Way in Loudon, TN and zip code 37774 in the Chota Hills neighborhood. This 2,200 square foot home, which was built in 2024, sits on a 0.34 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 04, 2023 and is currently priced at $579,900.

Over 7 listings were sold over their listed price in April 2024 in Loudon, TN. In the same period over 31 listings were sold below the listed price and 20 listings were sold for the listed price. The number of homes for sale in Loudon, TN increased by 5.3% between March 2024 and April 2024. Listings spent 58 days on the market in April 2024, and had a median list price of $557,980 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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