$275,000
SOLD SEP 7, 2012

1123 Cove Pointe Rd La Follette, TN 37766

2 Beds
2.5 Baths
2,320 Sq Ft
1.03 Acres

Recently Sold

$119 Per Sq Ft

133 Days on Market

Highlights

  • Lake Front
  • Traditional Architecture
  • 2 Fireplaces
  • Wooded Lot
  • Wood Flooring
  • No HOA

About This Home

As of March 2025

Own the Treehouse on the lake. Feel like you are in the woods by yourself while you relax in the huge screened porch. Walk down 20 stairs to the water not 150 stairs. Deeded dock rights from TVA allow you to keep your dock in deeper water. This house is a comfortable place to relax with 2 stone fireplaces, hardwood floors, master on main, a loft or basement bedroom for the guests and a large basement workshop for all those weekend projects you never finished. Fish, swim. enjoy nature in a protec ted cove.

Last Agent to Sell the Property

Janelle Poland

Gables & Gates, REALTORS License #306661 Listed on: 04/26/2012

Last Buyer's Agent

DEBORAH SUTHERLAND

Mountain Aire Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,764

Year Built

  • Built in 1993

Lot Details

  • 1.03 Acre Lot
  • Lake Front
  • Wooded Lot

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Cedar

Interior Spaces

  • 2,320 Sq Ft Home
  • 2 Fireplaces
  • Insulated Windows
  • Screened Porch
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Outdoor Features

  • Access To Lake
  • Patio

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Cove Pointe Phase 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 129 054.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,764

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Directions: From I-75 take exit 134 25W/63E toward La Follette. In 5.9 mi turn (R) onto Hunter s Branch. In 0.5 mi turn (R) onto Demory. In 3.8 mi stay (R) when road forks to stay on Grantsboro (at the boat storage). In 3.5 miles stay (R) at next fork to stay on Grantsboro. Just past 2nd fork turn (R) onto Racetrack Hollow. In approx 0.2 miles turn (R) onto Cove Pointe (at sign). Property will be on right in approx 3 miles. sign in yard
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1993
  • Lot Size Acres: 1.03
  • Lot Size: 100X223 IRR
  • Subdivision Name: COVE POINTE PHASE 1
  • Architectural Style: Traditional
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Self Cleaning Oven, Refrigerator
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplaces: 2
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Insulated, Patio, Porch - Covered, Porch - Enclosed, Porch - Screened
  • Lot Features: Lakefront, Lake Access, Wooded
  • Construction Type: Cedar

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, 1 Car Garage

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 44866.8
  • Parcel #: 129 054.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Mar 14, 2025
Sold by
Mackenzie John and Mackenzie Georgette
Bought by
Smith Allan M and Smith Erin L
Seller's Agent
Megan McConkey
Home and Farms Inc
Buyer's Agent
NONMLS NONMLS
List Price
$950,000
Sold Price
$725,000
Premium/Discount to List
-$225,000
-23.68%
Views
30
Current Estimated Value
$755,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,903
Avg. Annual Appreciation
10.51%
Original Mortgage
$580,000
Outstanding Balance
$579,512
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving
Estimated Equity
$170,534

Purchase Details

Listed on
Sep 21, 2024
Closed on
Nov 4, 2024
Sold by
Thomasson Adele A and Thomasson Michael F
Bought by
Mackenzie John and Mackenzie Georgette
Seller's Agent
Tom Sturm
Tennessee Home Finders, LLC
Buyer's Agent
Megan McConkey
Home and Farms Realty
List Price
$825,000
Sold Price
$900,000
Premium/Discount to List
$75,000
9.09%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-45.15%

Purchase Details

Closed on
Nov 27, 2020
Sold by
Gray Suzanne M and Revocable Living Trust Suzanne
Bought by
Thomasson Adele A and Thomasson Michael F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,600
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 15, 2018
Closed on
Nov 21, 2018
Sold by
Sams William Jay and Sams Ronna Marie
Bought by
Suzanne M Gray Revocable Living Trust
Seller's Agent
Janelle Poland
Gables & Gates, REALTORS
Buyer's Agent
Janelle Poland
Gables & Gates, REALTORS
Sold Price
$427,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.81%
Original Mortgage
$195,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 26, 2012
Closed on
Sep 7, 2012
Sold by
Valentour James C
Bought by
Sams William Jay and Sams Ronna Marie
Seller's Agent
Janelle Poland
Gables & Gates, REALTORS
Buyer's Agent
Janelle Poland
Gables & Gates, REALTORS
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$220,000
Interest Rate
3.63%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 2000
Sold by
Schreck John T
Bought by
Valentour James

Purchase Details

Closed on
Mar 17, 1990
Bought by
Schreck John T and Schreck Ann H
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $725,000 None Listed On Document
Warranty Deed $900,000 None Listed On Document
Warranty Deed $572,000 Superior Title & Escrow Llc
Warranty Deed $427,501 Superior Title & Escrow Llc
Warranty Deed $275,000 --
Deed $159,000 --
Warranty Deed $6,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 Credit Line Revolving
Previous Owner $457,600 New Conventional
Previous Owner $190,500 New Conventional
Previous Owner $195,000 New Conventional
Previous Owner $220,000 Commercial
Previous Owner $98,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $725,000 -9.4% $275 / Sq Ft
02/14/2025 02/14/25 Price Changed $800,000 -15.8% $303 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $950,000 +5.6% $360 / Sq Ft
11/04/2024 11/04/24 Sold $900,000 +9.1% $369 / Sq Ft
09/30/2024 09/30/24 Pending -- -- --
09/21/2024 09/21/24 For Sale $825,000 +93.0% $338 / Sq Ft
11/21/2018 11/21/18 Sold $427,501 +55.5% $175 / Sq Ft
09/07/2012 09/07/12 Sold $275,000 -- $119 / 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 $1,764 $145,125 $28,725 $116,400
2023 $2,036 $98,575 $25,000 $73,575
2022 $2,036 $98,575 $25,000 $73,575
2021 $2,036 $98,575 $25,000 $73,575
2020 $1,995 $98,575 $25,000 $73,575
2019 $2,036 $98,575 $25,000 $73,575
2018 $1,418 $63,000 $19,325 $43,675
2017 $1,418 $63,000 $19,325 $43,675
2016 $1,418 $63,000 $19,325 $43,675
2015 $1,254 $63,000 $19,325 $43,675
2014 -- $63,000 $19,325 $43,675
2013 -- $63,000 $19,325 $43,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 799353

East Tennessee REALTORS® MLS

APN: 129-054.00