Closed
Last Sold Price
$389,000
2 beds1,960 sqft

485 Baye Rd, Rutledge, TN 37861

Description

2 bedrooms with another room that is used as a complete 3rd bedroom Our company has sold quite a few homes in the Cherokee Lake area, and this is one of the best buys we have ever listed. Especially considering that we are now in a Seller's Market. The home is not lakefront but has views of Cherokee Lake from both the outside and throughout the inside. Built in 1998, the one owner home has never been on the market before and could use a bit of updating. But, down the street we sold a similar home,...2 bedrooms with another room that is used as a complete 3rd bedroom Our company has sold quite a few homes in the Cherokee Lake area, and this is one of the best buys we have ever listed. Especially considering that we are now in a Seller's Market. The home is not lakefront but has views of Cherokee Lake from both the outside and throughout the inside. Built in 1998, the one owner home has never been on the market before and could use a bit of updating. But, down the street we sold a similar home, for a similar price, months before the big upsurge in real estate prices. So, this one is a steal at this price. Built with brick and vinyl, removing the costly upkeep of painting the exterior walls, overhangs, and eaves and designed for someone that does not want to climb stairs. All the living space, including the Master and 2 more rooms that are being used as bedrooms, are on the main floor, separate from the basement. And, if you enter the basement, there is a second driveway which grants you entry. No stairs to climb. The basement is unfinished except for one small entertainment room. The rest consists of the garage section, which is large enough to accommodate a boat, kayaks, jet skis, mowers, cars, whatever you choose. This space is just over forty feet long. The second half of the basement can be used for storage or as a workshop. Or, if you wish to fully finish it as extra living space, the foundation is there for you to do so, and you can wind up with roughly 4,000 square feet of living space. The ample back yard creates opportunities for adding a swimming pool, gazebo, you name it. Greenlee Vacation Campground is visible from the rear. So, if you choose, the yard creates the opportunity for the planting of trees creating a canopy of privacy and shade. HOAs fee of $100 a year, low property taxes, a magnificent view of Cherokee Lake and its proximity to Jefferson City, Morristown, and Knoxville makes this home a special buy to Live the Cherokee Lake Life!
Single FamilyProperty Type
0.66 acresLot Size
1998Year Built
$198/sq ftPrice per sq ft
$8/moHOA Fees
5 carsParking Spaces
Listing closed: 12/02/2021 01:00 AM
Source: Lakeway Area AOR, MLS#: 604543
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Recent comparable sales

Median sold price

$389,900

Avg days on market

78

Sale-to-list ratio

96.4%

Rutledge, TN

9 comparable properties found

$367,000 | 235 Chippewa Lane, Rutledge, TN 37861
1/45
1

$367,000

Sold 04/13/26

3
Bedrooms
1,724
Square Feet
0.49
Acres
$375,000 | 134 Pocahontas Lane, Rutledge, TN 37861
1/44
2

$375,000

Sold 10/16/26

3
Bedrooms
1,700
Square Feet
0.58
Acres
a front view of a house with a yard
1/50
3

$465,000

Sold 06/02/25

3
Bedrooms
2,160
Square Feet
0.49
Acres
a front view of a house with a yard
1/46
4

$400,000

Sold 11/02/26

3
Bedrooms
1,666
Square Feet
0.83
Acres
$470,000 | 284 Woodstock Drive, Rutledge, TN 37861
1/45
5

$470,000

Sold 04/02/26

3
Bedrooms
1,982
Square Feet
0.58
Acres
$475,000 | 230 Water Way Drive, Rutledge, TN 37861
1/47
6

$475,000

Sold 12/01/25

2
Bedrooms
1,463
Square Feet
0.85
Acres
$389,900 | 229 Chippewa Lane, Rutledge, TN 37861
1/25
7

$389,900

Sold 01/31/25

3
Bedrooms
1,630
Square Feet
0.53
Acres
$366,000 | 199 Sequoyah Trail, Rutledge, TN 37861
1/29
8

$366,000

Sold 03/26/26

2
Bedrooms
1,680
Square Feet
0.66
Acres
$350,000 | 146 Eva Lane, Rutledge, TN 37861
1/43
9

$350,000

Sold 10/16/26

3
Bedrooms
1,587
Square Feet
0.65
Acres

Location

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Principal and Interest

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Property Taxes

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HOA Dues

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Property information

485 Baye Road

Property Details

  • Taxes: $1,301 / year
  • MLS Type: Residential / Single Family Residence
  • County: Grainger County
  • Architectural Style: Contemporary
  • Subdivision Name: Mallard Bay
  • Has View: Yes
  • View: Lake, Mountain(s)
  • Has Waterfront: No

Building Information

  • Year Built: 1998
  • Lot Size: 0.66 AC / 28,749 SF

Summary

Location and General Information

  • Directions: Off Lakeshore Drive enter Mallard Baye Subdivision and make an immediate left. Home will be on the left, number on mailbox.
  • Latitude: 36.234908
  • Longitude: -83.437129

Taxes and HOA

  • Association Fee: $8.33
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Association Fee Monthly: $8.33
  • Parcel Number: 16.00
  • Tax Annual Amount: $1,300.60
  • Tax Map Number: 069M
  • Tax Year: 2019

Parking

  • Carport: No
  • Garage Spaces: 5.0
  • Garage: Yes
  • Parking Features: Basement, Garage, Garage Door Opener, Kitchen Level

Property

Lot Information

  • Lot Features: Rolling Slope
  • Lot Size Acres: 0.66
  • Lot Size Area: 0.66
  • Lot Size Dimensions: 123/203/130/230
  • Lot Size Square Feet: 28749.6
  • Lot Size Units: Acres

Property and Assessments

  • Above Grade Finished Area: 1680.0
  • Below Grade Finished Area: 280.0
  • Below Grade Unfinished Area: 784.0
  • Building Area Total: 2744.0
  • Living Area: 1960.0
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Year Built: 1998

Building Features

  • Construction Materials: Block, Brick, Vinyl Siding, Asphalt
  • Foundation Details: Block
  • Roof: Shingle

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Natural Gas Available
  • Water Source: Private, Well

Interior and Exterior Features

Exterior Features

  • Association Amenities: Laundry, Cable TV
  • Patio And Porch Features: Covered, Deck, Porch

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Range, Refrigerator, Range Hood, Washer
  • Basement: Block, Finished, Full, Unfinished, Walk-Out Access
  • Has Basement: Yes
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Cooling: Ceiling Fan(s), Electric, Heat Pump
  • Has Cooling: Yes
  • Heating: Heat Pump, Electric
  • Has Heating: Yes
  • Has Fireplace: No
  • Flooring: Carpet, Concrete, Hardwood, Tile, Vinyl
  • Interior Features: Ceiling Fan(s), Pantry, Walk-In Closet(s)
  • Laundry Features: Electric Dryer Hookup, Main Level, Washer Hookup
  • Total Rooms: 10
  • Has Spa: No
  • Water Heater: Electric
  • Window Features: Double Pane Windows, Insulated Windows, Window Treatments

Room Information

Room 1

  • Type: Master Bedroom
  • Level: Main

Room 2

  • Type: Bedroom 2
  • Level: Main

Room 3

  • Type: Kitchen
  • Level: Main

Room 4

  • Type: Bathroom 1
  • Level: Main

Room 5

  • Type: Living Room
  • Level: Main

Room 6

  • Type: Laundry
  • Level: Main

Room 7

  • Type: Bonus Room
  • Level: Lower
  • Description: Etra rooms
  • Dimensions: 2.0
  • Length: 2.0

Room 8

  • Type: Bathroom 2
  • Level: Main

Room 9

  • Type: Bedroom 3
  • Level: Main

Property History

485 Baye Road

DateEventPrice
Dec 3, 2021

Closed (Public Record)

Public Record #1478487050

$389,000
Dec 2, 2021

Closed

Lakeway Area AOR #604543

$389,000
Oct 30, 2021

Contract - Not Showing

Lakeway Area AOR #604543

—
DateEventPrice
12/03/2021

Closed (Public Record)

Public Record #1478487050

$389,000
12/02/2021

Closed

Lakeway Area AOR #604543

$389,000
10/30/2021

Contract - Not Showing

Lakeway Area AOR #604543

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public records

485 Baye Road

Beds

0

Total Finished SqFt

1,680 SqFt

Above Grade Finished SqFt

1,680 SqFt

Unfinished Basement SqFt

1,064 SqFt

Stories

1

Lot Size

28,750 SqFt

Schools

Near 485 Baye Road

This home is within Grainger County School District.

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 485 Baye Road, Rutledge, TN 37861
$389,000
2
1,960
28,749
–
–
2
2,564
24,829
$287,000
–
3
1,281
26,136
–
–
–
1,280
–
–
–
–
896
–
–
–
–
924
–

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Cherokee Lake Realty, Felix Valdes (865.471.8222)

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Lakeway Area Association of REALTORS®. 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. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright ©2026 Lakeway Area Association of REALTORS®. All Rights Reserved.