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CondominiumResidential
Last sold for $340,000 on Sep 3, 2024

545 RARITY BAY PKWY

VONORE, TN 37885
2004
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
1
ParkingThe number of parking spaces on the property, including the garage.
Built 20043 floors17 units1,195–1,536 ft²
$2.7M
All units combinedThe sum of our current value estimates for every unit in the building — roughly what the whole building's homes are worth together.
$349K
Median unit valueThe middle unit value in this building by our estimate: half the units are worth more, half less.
$238
Median $/ft²The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.

-6.1%vs the Vonore ZIP median sale $/ft² ($254)

Sales Performance

$392K
Median sale (12 mo)The middle sale price among this building's units that sold in the last 12 months, from recorded deeds.
+42.5%
1-yr changeHow the building's median sale price over the last 12 months compares with the 12 months before that.
2
Sales (12 mo)Units in this building that sold in the last 12 months, from recorded arms-length deeds.
11.8%
Turnover (12 mo)The share of units that changed hands in the last 12 months. Around 4–6% a year is typical; much higher can signal investor churn or a wave of exits.
This building's own appreciationThe building's own appreciation: for every unit that sold twice (held over a year), we compute its yearly price change between the two sales and take the middle value. This is the cleanest read on how this specific building performs, because it compares each unit to itself.
+0.4%per yeartypical hold 6.8 yrsfrom 32 same-unit resales
Median sale price (yearly, all time)Every recorded arms-length sale in the building since records begin, grouped by year: the bars count sales and the line tracks the median price paid.MedianSales
20042007201020142017202020232026
Sale price per ft² (yearly, all time)The middle price per square foot across the building's units, by our current estimates. Useful for comparing units of different sizes.$/ft²
20042007201020142017202020232026

52 arms-length sales on record for this building.

Unit Mix & Floor PlansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.

Studio
17 units
Recurring floor plansThe building's recurring floor plans, found by grouping units with identical beds, baths and square footage in county records. Larger groups are the building's standard layouts; leftover units have one-off sizes.
Studio · 2 ba · 1,511 ft²
6 units
Studio · 2 ba · 1,288 ft²
4 units
Studio · 2 ba · 1,195 ft²
3 units
Studio · 3 ba · 1,288 ft²
2 units
One-off layouts
2 units

Value DistributionHow the building's units spread across value ranges by our current estimates. A wide spread usually means big differences in size, floor or view.

$267K–$285K
2 units
$324K–$324K
1 unit
$340K–$340K
1 unit
$357K–$364K
2 units
$398K–$410K
2 units

Value by Floor & LineAverage estimated price per square foot by floor range, using unit numbers to infer floors. Higher floors usually price higher — the gap shows how much the view is worth here.

Floor 1
$239/ft²
Floor 2
$246/ft²
Floor 3
$241/ft²

Ownership & Financing

Owner-occupiedThe share of units where the owner lives in the unit, per county records. The rest are second homes or rentals.65%
Company-ownedUnits owned through an LLC, trust, or other company — a rough proxy for investor ownership.35%
Typical owner tenureThe middle number of years since each unit last changed hands — how long the current owners have been in place.4.9 yrs
Cash purchases (5 yrs)The share of purchases in the last 5 years with no mortgage recorded. High cash share is common in second-home and investor buildings.75%
Avg. loan-to-valueAverage current loan balance against unit value across the building. Low numbers mean owners hold lots of equity — a sign of financial stability.18%
Median owner equityThe middle dollar amount of equity (value minus loans) unit owners hold in this building.$300,281
Median tax billThe middle annual property tax bill among the building's units.$1,002
Pre-foreclosure noticesUnits with an active pre-foreclosure or foreclosure notice on file.0

Recent SalesThe latest recorded arms-length sales in the building, newest first.

Unit 305Aug 14, 2026$384,000Unit 207Sep 27, 2025$400,000Unit 205Oct 12, 2024$275,000BuildingSep 3, 2024$340,000Unit 207Nov 15, 2023$362,500Unit 105Sep 28, 2023$284,900Unit 107May 3, 2023$385,000BuildingMar 2, 2023$347,000Unit 301Nov 17, 2022$360,000Unit 104Oct 13, 2022$275,000

Values are TopHap estimates, not appraisals. Sales, ownership and tax figures come from recorded county documents via ATTOM and can lag by several weeks.

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$1,274 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$83,650 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$12,500
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$71,150
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$83,650
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$334,600

Climate Risk

Overall riskThe average of the five hazard scores below, on a 0 to 100 scale. Higher means greater projected risk over the coming decades.45
1
FloodProjected flooding risk from rivers, heavy rain, and storm surge, scored 0 to 100. Higher is riskier.
24
WildfireProjected wildfire risk, scored 0 to 100, based on how much land burns in a typical year. Higher is riskier.
88
HeatProjected heat risk, scored 0 to 100, based on how many extremely hot days a year are expected. Higher is riskier.
98
StormProjected risk from heavy rainstorms, scored 0 to 100, based on how often extreme rainfall is expected. Higher is riskier.
17
DroughtProjected water shortage risk, scored 0 to 100. Higher means more strain on the local water supply.

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Condominium
CountyMonroe
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Footing
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Yes
CoolingThe type of cooling or air conditioning in the home.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Detached
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Porch · 337 ft²

Transaction History(5)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Vonore Middle SchoolA-
Middle · Grades 5–8 · 2.7 mi
E
Vonore Elementary SchoolB-
Elementary · Grades PK–4 · 3.1 mi
H
Sequoyah High SchoolB-
High · Grades 9–12 · 6.8 mi

District: Monroe County School District

Neighborhood · ZIP 37885These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.109
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.97
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.159

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.88%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.16%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.3%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.0.9%
PopulationHow many people live in this area.8,428
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.41 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$76,118
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$86,026
Average tempThe average temperature here across a full year.57°F
Annual precipHow much rain and melted snow falls here in a typical year.56 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.57%

All UnitsEvery property record the county has at this street address, such as the units in a condo building. Prices shown are our estimates, not asking prices.

545 Rarity Bay Pkwy
2 ba · 1,536 ft²
$360K
545 Rarity Bay Pkwy Apt 102
2 ba · 1,511 ft²
$340K
545 Rarity Bay Pkwy Apt 103
3 ba · 1,288 ft²
545 Rarity Bay Pkwy # 104
2 ba · 1,195 ft²
$324K
545 Rarity Bay Pkwy Apt 105
3 ba · 1,288 ft²
$285K
545 Rarity Bay Pkwy Apt 106
2 ba · 1,511 ft²
$357K
545 Rarity Bay Pkwy Apt 107
3 ba · 1,536 ft²
545 Rarity Bay Pkwy Apt 202
2 ba · 1,511 ft²
545 Rarity Bay Pkwy Apt 203
2 ba · 1,288 ft²
$267K
545 Rarity Bay Pkwy Apt 204
2 ba · 1,195 ft²
545 Rarity Bay Pkwy Apt 205
2 ba · 1,288 ft²
545 Rarity Bay Pkwy # 206
2 ba · 1,511 ft²
$398K
545 Rarity Bay Pkwy Apt 207
2 ba · 1,536 ft²
$410K
545 Rarity Bay Pkwy Apt 301
2 ba · 1,511 ft²
$364K
545 Rarity Bay Pkwy Apt 302
2 ba · 1,288 ft²
545 Rarity Bay Pkwy Apt 303
2 ba · 1,195 ft²
545 Rarity Bay Pkwy Apt 304
2 ba · 1,288 ft²
545 Rarity Bay Pkwy # 305
2 ba · 1,511 ft²

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

About 545 Rarity Bay Pkwy

How many units are in 545 Rarity Bay Pkwy, Vonore, TN?

545 Rarity Bay Pkwy, Vonore, TN has 17 residential units across 3 floors, built in 2004, according to county assessor records.

What is a unit at 545 Rarity Bay Pkwy, Vonore, TN worth?

The median TopHap Estimate across the 17 units at 545 Rarity Bay Pkwy, Vonore, TN is $348,587. That works out to $238 per square foot. Units run from 1,195 to 1,536 square feet. Estimates are modelled from recorded sales and assessments, not appraisals.

Is 545 Rarity Bay Pkwy, Vonore, TN expensive for Vonore?

Units at 545 Rarity Bay Pkwy, Vonore, TN carry a median of $238 per square foot, 6% below the Vonore median of $254 per square foot.

How often do units sell at 545 Rarity Bay Pkwy, Vonore, TN?

2 units at 545 Rarity Bay Pkwy, Vonore, TN sold in the last 12 months, out of 52 recorded arms-length sales all time. That is a turnover rate of 11.8% of the building per year. The median sale over that period was $392K.

Have units at 545 Rarity Bay Pkwy, Vonore, TN appreciated?

Across 32 repeat sales of the same unit, 545 Rarity Bay Pkwy, Vonore, TN returned a median 0.4% per year. Because each pair is the same unit bought and sold, the figure is not distorted by which units traded. The median owner held for 6.8 years.

What floor plans does 545 Rarity Bay Pkwy, Vonore, TN have?

The most common plan at 545 Rarity Bay Pkwy, Vonore, TN is a 0-bedroom of 1,511 square feet, repeated 6 times, with a median estimate of $360,366. TopHap identifies 4 recurring plans in the building.

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