$900,000
SOLD NOV 4, 2024

1123 Cove Pointe Rd La Follette, TN 37766

4 Beds
2.5 Baths
2,440 Sq Ft
1.03 Acres

Recently Sold

$369 Per Sq Ft

9% Above List Price

9 Days on Market

Highlights

  • Lake Front
  • Docks
  • Deck
  • Boat Ramp
  • Community Lake
  • Private Lot

About This Home

As of March 2025

This custom open concept lake home with 4 bedrooms and 2.5 bathrooms is beautifully updated and lovingly decorated, overlooking the pristine waters of Norris Lake in Cove Point / Big Creek. While enjoyed exclusively as a second home for personal use, the opportunities are endless with more than 2400 sq ft. Newer kitchen with alder wood cabinets and granite top opens to dining room and great room with beamed cathedral ceilings, stone walled gas fireplace, skylights, built in shelves and a walk-out to wrap around screen porch on the upper deck with views to the lake.
The main level's private primary bedroom accommodates a king sized bed, and offers a walk-in closet and adjoining bathroom with soaking tub, double basin vanity and walk-in shower. There's also a second laundry area with stackable units.
Upstairs, overlooking the great room is a 300+ sq ft loft area with half bath and huge bedroom furnished with both a king and queen bed, plus a pull out couch (double).
In the lower family / recreation room you'll find furniture groupings to enjoy a big screen television and walkout to a huge new patio with views of the lake and dock. There's also a second full bath as well as the utility room with second full sized washer / dryer set, and two additional bedrooms - queen and twin bunkbed in one // queen and a single over a double bunk plus single twin bed under steps in the other. With such creative use of the space, this lakehouse easily offers sleeping arrangements for 18.
So much fun awaits, but the memories only start with the enjoyment of the house ... wait til you get outside! Beautiful mature trees surround the property on all sides, providing privacy screening on this 1+ acre lot - feels like 3 acres, taking into account the long-reaching TVA owned portion of the waterfront area and TVA path that stretches all the way to the road, parallel with the lot for a gently sloping path all the way to the dock path. Store the golf cart or ATV in the 15 x 20 attached garage, and enjoy the 2200 additional sq ft of concrete added to the existing driveway, steps along the driveway and a newly poured side by side cart path and extended patio where 200 yards of soil was hauled in, transforming the hillside into a gorgeous, level outdoor space for entertaining. Gather 'round the firepit and enjoy the view of the lake; you can't help but relax and unwind in any season.
Plenty of parking on the concrete driveway, and owner keeps boat trailer stored off the street up beyond the lamppost. Just a few of the updates and unique amenities to appreciate here include the newer HVAC, lvp flooring on main and lower levels, new stacked stone on the fireplace, Starlink wifi with repeaters extending the signal all the way out to the dock, ceiling fans in every room but the kitchen.
Just to make the experience complete, heed the call of the water and come on down to the lakefront. Here in a private cove with only a few other homes and docks, you'll find an awesome metal dock with covered slip and dock box, and your open water access to Norris Lake's 800+ miles of shoreline to explore. At full pool, the 2018 dock with concrete pad surface is moored directly in front of the property, and moved further out toward main channel as the dam lowers the water level in the off season. You could spend 2 weeks on the water, and only see 1/2 of the lake's 125 miles. It is deep and among the top ten cleanest lakes in America, with many inlets and creeks that allow GREAT watersports, like tubing, skiing, wakeboarding, paddle boarding, kayaking, etc. Dock lift and two jet ski ports negotiable separately, along with most all of the contents and furnishings of the home.
Schedule your walk-through and prepare to fall in love! Showings will be accepted through the 4th of Oct. All offers will be presented as received, with rights reserved for the owner to take any offer acceptable prior to the deadline at the sole discretion of the seller.

Last Agent to Sell the Property

Tom Sturm

Tennessee Home Finders, LLC License #311264 Listed on: 09/21/2024

Tennessee Home Finders, LLC

Last Buyer's Agent

Megan McConkey

Home and Farms Realty License #354399

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,764

Year Built

  • Built in 1993

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 100x223
  • Lake Front
  • Private Lot
  • Irregular Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking

Property Views

  • Lake
  • Woods
  • Forest

Home Design

  • Cabin
  • Frame Construction
  • Cedar Siding
  • Cedar

Interior Spaces

  • 2,440 Sq Ft Home
  • Living Quarters
  • Wired For Data
  • Cathedral Ceiling
  • Gas Log Fireplace
  • Stone Fireplace
  • Vinyl Clad Windows
  • Great Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Recreation Room
  • Bonus Room
  • Sun or Florida Room
  • Screened Porch
  • Storage Room
  • Utility Room

Kitchen

  • Range
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Recreation or Family Area in Basement

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Boat Ramp
  • Docks
  • Dock Permitted
  • Deck
  • Patio

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Septic Tank
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 129 054.00

Community Details

Overview

  • No Home Owners Association
  • Cove Pointe I Subdivision
  • Community Lake

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,764

Year Built

Built in 1993

Lot Details

0

Parking

1

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). Continue on Grantsboro until you come to Murrayville - turn right, and then turn right onto Cove Point Road until you arrive at the house.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1993
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 1.03
  • Lot Size: 100x223
  • Subdivision Name: Cove Pointe I
  • Architectural Style: Cabin
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Wooded2: Yes
  • Lot Description:Irregular Lot: Yes
  • Lot Description:Lakefront: Yes
  • Lot Description:Waterfront Access: Yes
  • View:Lake: Yes
  • View:Lakefront2: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1160.0
  • General Property Description:SqFt - Down Lvl: 1160.0
  • General Property Description:SqFt - 2nd Flr Lvl: 320.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Lot Description:Private: Yes
  • Siding:Cedar: Yes
  • Percent Basement Finished: Yes
  • Floors:Tile2: Yes
  • Basement Walkout: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Misc Features:Wired for Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Smoke Detector
  • Has Basement: Finished, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Stone, Gas Log
  • Fireplaces: 1
  • Flooring: Laminate, Carpet, Tile
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Addl Living Quarter: Yes
  • Other Rooms:Basement Rec Room: Yes
  • Other Rooms:Sunroom: Yes
  • Other Rooms:Great Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Fireplace:Stone2: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Patio, Porch - Covered, Porch - Screened, Deck, Boat - Ramp, Doors - Storm, Dock
  • View: Wooded, Lake
  • Lot Features: Waterfront Access, Private, Lakefront, Wooded, Current Dock Permit on File, Irregular Lot, Rolling Slope
  • Construction Type: Cedar, Frame
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Screened: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Doors - Storm: Yes
  • Exterior Features:Dock: Yes
  • Exterior Features:Boat - Ramp: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: On-Street Parking, Garage Door Opener, Attached, Main Level, Off-Street Parking
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Main Level: Yes
  • GarageParking:On-Street Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Propane, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Association/Amenities

  • Community Amenities:Boat Ramp: Yes
  • Community Amenities:Lake Access2: Yes

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: 1277225

East Tennessee REALTORS® MLS

APN: 129-054.00