NOT LISTED FOR SALE

103 Summitt Ln Lake City, TN 37769

Estimated Value: $206,000 - $235,000

4 Beds
2 Baths
1,560 Sq Ft
$144/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $255,000 $163 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,290/month

25 Days on Market

Highlights

  • RV Access or Parking
  • Landscaped Professionally
  • Traditional Architecture
  • View of Trees or Woods
  • Wooded Lot
  • Wood Flooring

About This Home

As of May 2023

PRICE REDUCED...The comfort & beauty of this truly Southern home is unmistakable. Hospitality exudes at first welcome, with a blend of classic & cozy style from the front porch to its back porch. Huge primary bedroom fits a king size bed with space to spare, A bonus room leads to the back porch to relax and enjoy the breathtaking sweet southern feel that can't be denied! 2 beautiful spacious full baths. A basement w/workshop and plenty of space for storage, perfect spot for canning and storing your favorites! Fire pit in the backyard for those cool fall nights, Located in a quiet area not far from the town eminites, with a country setting. Buyers must verify the square footage, home definitely feels bigger inside than it looks. Be sure to ring the westminster doorbell before you step inside the front door

Last Agent to Sell the Property

Sharon Vagasky

Rocky Top Realty License #331506 Listed on: 03/08/2023

Last Buyer's Agent

Makyla Wyatt

Realty Executives Associates License #350246

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $330

Year Built

  • Built in 1950

Lot Details

  • 0.31 Acre Lot
  • Landscaped Professionally
  • Level Lot
  • Wooded Lot

Property Views

  • Woods
  • Mountain
  • Forest

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Masonry

Interior Spaces

  • 1,560 Sq Ft Home
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • Wood Frame Window
  • ENERGY STAR Qualified Doors
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Bonus Room
  • Workshop
  • Storage Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Unfinished Basement

  • Exterior Basement Entry
  • Crawl Space

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Parking Available
  • Garage Door Opener
  • Off-Street Parking
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch

Schools

  • Lake City Middle School
  • Anderson County High School

Utilities

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

Community Details

  • No Home Owners Association
  • Hugh Stokes Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 008M H 022.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$330

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Directions: I-75 Exit 128 in Anderson county, turn towards main street, take the first left, (Sunshine Dr), turn right on Summit Lane,second house on the left, your will see a spacious driveway with enough parking for 6 vehicles or an RV. Mail box will show ''103''. SUPRA ON FRONT DOOR, SOP
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1950
  • Lot Size Acres: 0.31
  • Lot Size: 90 X172.9 IRR.
  • Subdivision Name: Hugh Stokes Sub
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • General Property Description:Lot Size SqFt: 13504.0
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1560.0
  • General Property Description:HOA: No
  • 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:Gas (Natural): Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: 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
  • Floors:Laminate: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Siding:Brick2: Yes
  • Heat:Heat Pump3: Yes
  • Siding:Fiber Cement: Yes
  • Special Features: None

Interior Features

  • Appliances: Smoke Detector, Refrigerator
  • Has Basement: Crawl Space, Unfinished, Outside Entr Only
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Flooring: Laminate, Carpet, Hardwood
  • Basement:Crawl Space: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:None15: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:Workshop: Yes
  • Other Rooms:Great Room: Yes
  • Basement:Unfinished: Yes
  • Basement:Outside Entr Only: Yes

Exterior Features

  • Exterior Features: Window - Energy Star, Windows - Wood, Windows - Vinyl, Windows - Storm, Windows - Insulated, Porch - Covered, Prof Landscaped, Doors - Storm, Doors - Energy Star
  • View: Mountain View, Wooded
  • Lot Features: Wooded, Level
  • Construction Type: Fiber Cement, Brick
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Construction:Brick5: Yes
  • Exterior Features:Prof Landscaped: Yes
  • Exterior Features:Doors - Energy Star: Yes
  • Exterior Features:Window - Energy Star: Yes
  • Exterior Features:Windows - Wood: Yes
  • Exterior Features:Doors - Storm: Yes
  • Construction:Masonry: Yes
  • Exterior Features:Windows - Storm: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, RV Parking, Main Level, Off-Street Parking
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Main Level: Yes
  • GarageParking:RV Parking: Yes

Utilities

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

Schools

  • High School: Anderson County
  • Middle Or Junior School: Lake City

Lot Info

  • Lot Size Sq Ft: 13504.0
  • Parcel #: 008M H 022.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 330.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
May 12, 2023
Sold by
Marlow Connie A
Bought by
Miller Macie Marie and Miller Michael Adam
Seller's Agent
Sharon Vagasky
Rocky Top Realty
Buyer's Agent
Makyla Wyatt
Realty Executives Associates
List Price
$239,900
Sold Price
$255,000
Premium/Discount to List
$15,100
6.29%
Views
70
Current Estimated Value
$224,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,449
Avg. Annual Appreciation
-5.87%
Original Mortgage
$257,575
Outstanding Balance
$251,696
Interest Rate
6.32%
Mortgage Type
Construction
Estimated Equity
-$29,438

Purchase Details

Closed on
Sep 12, 2022
Sold by
Marlow Conni A
Bought by
Mcmillan Shane

Purchase Details

Closed on
Mar 11, 2008
Sold by
Hsbc Bank Usa
Bought by
Marlow Conni A

Purchase Details

Closed on
Nov 12, 2007
Bought by
Hsbc Bank

Purchase Details

Closed on
Jun 6, 2006
Sold by
Kesterson Macel
Bought by
Phillips Mark T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,900
Interest Rate
10.1%

Purchase Details

Closed on
Jun 2, 2006
Sold by
Griffin Denise D
Bought by
Hsbc Bank Usa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,900
Interest Rate
10.1%
Source: Public Records

Range of Values:

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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
Miller Macie Marie $255,000 Knoxville Title Agency
Mcmillan Shane -- --
Marlow Conni A $57,900 --
Hsbc Bank $50,200 --
Phillips Mark T $101,000 --
Hsbc Bank Usa $50,150 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Macie Marie $257,575
Previous Owner Hsbc Bank Usa $90,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $255,000 +6.3% $163 / Sq Ft
04/02/2023 04/02/23 Pending -- -- --
04/02/2023 04/02/23 For Sale $239,900 0.0% $154 / Sq Ft
03/20/2023 03/20/23 Pending -- -- --
03/13/2023 03/13/23 Price Changed $239,900 -7.7% $154 / Sq Ft
03/08/2023 03/08/23 For Sale $260,000 -- $167 / 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 $797 $30,300 $3,400 $26,900
2023 $434 $30,300 $0 $0
2022 $764 $16,500 $3,400 $13,100
2021 $764 $16,500 $3,400 $13,100
2020 $434 $16,500 $3,400 $13,100
2019 $765 $15,650 $2,875 $12,775
2018 $750 $15,650 $2,875 $12,775
2017 $750 $15,650 $2,875 $12,775
2016 $750 $15,650 $2,875 $12,775
2015 -- $15,650 $2,875 $12,775
2014 -- $15,650 $2,875 $12,775
2013 -- $18,225 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1220021

East Tennessee REALTORS® MLS

APN: 008M-H-022.00