NOT LISTED FOR SALE

115 Ridgeland Ln Sharps Chapel, TN 37866

Chuck Swan Neighborhood

Estimated Value: $685,725 - $762,000

2 Beds
2 Baths
2,621 Sq Ft
$277/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $360,000 $137 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,107/month

104 Days on Market

Highlights

  • Lake Front
  • Seasonal View
  • Wooded Lot
  • Deck
  • Private Lot
  • Wood Flooring

About This Home

As of February 2020

Beautiful log home with lots of room for the family to come and enjoy the beauty of Norris Lake. Open concept living, dining and family room on the main level. Very well cared for home that gives you privacy and access to the lake from the dock. Access dock by stairs or take your ATV down the gravel trail directly to the dock (gravel path is on Ridgeland Pt. Just before the bend in the road). This home can sleep 12 or more people. 3 floating restaurants with entertainment and food for you to enjoy by boat. Very friendly neighborhood with several activities. throughout the year hosted by the Social Committee or you can be as private as you like. Don't miss this great opportunity to have a lakefront home at a reasonable price!! 3 bedrooms - 1 bdrm on each level.

Last Agent to Sell the Property

Margo McCaffery

Gables & Gates, REALTORS License #329264 Listed on: 09/25/2019

Last Buyer's Agent

Bobby Ellison

Ellison Realty License #303164

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,834

Year Built

  • Built in 1994

Lot Details

  • 0.93 Acre Lot
  • Lake Front
  • Private Lot
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 2,621 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Utility Room
  • Wood Flooring
  • Seasonal Views
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Deck

Schools

  • H Maynard Middle School
  • Union County High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Community Details

  • Norris Shores Subdivision

Listing and Financial Details

  • Assessor Parcel Number 041 049.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,834

Year Built

Built in 1994

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Directions: Fm Knoxville, Take 441 N to Hwy 33 or Maynardville Hwy, through Maynardville, over the Veterans Bridge, and (L) onto Sharps Chapel Rd., approx. 5.4 miles and (L) onto Old Valley Rd., (L) onto Tanglewood and (R) onto Norris Shores Dr. (shortcut onto Timber Ridge Dr. and (r) onto Norris Shores Dr.) follow around past marina and (R) onto Lakeview Dr. bear left and (L) onto Ridgeland Dr. follow to (L) Ridgeland Pt. and then (L) onto Ridgeland Ln, first driveway on the left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1994
  • Lot Size Acres: 0.93
  • Lot Size: Irr
  • Subdivision Name: Norris Shores
  • Architectural Style: Cabin, Log
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Smoke Detector, Refrigerator, Microwave, Washer
  • Has Basement: Finished, Walkout
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Hardwood

Exterior Features

  • Exterior Features: Deck
  • View: Seasonal Lake View, Seasonal Mountain
  • Lot Features: Waterfront Access, Private, Lakefront, Lake Access, Wooded
  • Construction Type: Log

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off-Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee: 95.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Schools

  • High School: Union County
  • Middle Or Junior School: H Maynard

Lot Info

  • Lot Size Sq Ft: 40511.0
  • Parcel #: 041 049.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2019
Closed on
Feb 28, 2020
Sold by
Sexton Gregory Scott and Sexton Kelli H
Bought by
Waters Michael N and Waters Marion
Seller's Agent
Margo McCaffery
Gables & Gates, REALTORS
Buyer's Agent
Bobby Ellison
Ellison Realty
Sold Price
$360,000
Current Estimated Value
$714,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,421
Avg. Annual Appreciation
12.22%
Original Mortgage
$220,000
Outstanding Balance
$197,264
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$476,713

Purchase Details

Closed on
Jul 25, 2005
Sold by
Hite Michael K
Bought by
Scott Sexton Gregory

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.51%
Mortgage Type
Cash

Purchase Details

Closed on
Nov 13, 2000
Sold by
Vicky Pierce
Bought by
Michael Hite

Purchase Details

Closed on
Apr 4, 1993
Bought by
Pierce Michael A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Waters Michael N $360,000 None Available
Waters Michael N $360,000 None Available
Scott Sexton Gregory $279,000 --
Scott Sexton Gregory $279,000 --
Michael Hite $125,000 --
Michael Hite $125,000 --
Pierce Michael A $21,900 --
Pierce Michael A $21,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waters Michael N $220,000
Closed Waters Michael N $220,000
Previous Owner Sexton Gregory Scott $263,500
Previous Owner Sexton Gregory Scott $180,000
Previous Owner Pierce Michael A $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $360,000 -- $137 / 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 $1,834 $96,525 $13,500 $83,025
2023 $1,834 $96,525 $13,500 $83,025
2022 $1,535 $96,525 $13,500 $83,025
2021 $1,752 $81,875 $10,000 $71,875
2020 $1,752 $81,875 $10,000 $71,875
2019 $1,752 $81,875 $10,000 $71,875
2018 $1,752 $81,875 $10,000 $71,875
2017 $1,752 $81,875 $10,000 $71,875
2016 $1,605 $73,975 $8,750 $65,225
2015 $1,605 $73,975 $8,750 $65,225
2014 $1,324 $73,985 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Margo McCaffery

    Gables & Gates, REALTORS

    (315) 430-1959

    66 in this area

    87 Total Sales

    Section Image

  • B

    Buyer's Agent in 2020

    Bobby Ellison

    Ellison Realty

    (865) 368-5286

    23 in this area

    57 Total Sales

    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1095668

East Tennessee REALTORS® MLS

APN: 041-049.00

Tennessee Union County Sharps Chapel 37866 Chuck Swan

115 Ridgeland Ln, Sharps Chapel, TN

This home is located at 115 Ridgeland Ln, Sharps Chapel, TN 37866 since 25 September 2019 and is currently estimated at $725,681, approximately $276 per square foot. This property was built in 1994. 115 Ridgeland Ln is a home located in Union County with nearby schools including Sharps Chapel Elementary School, H Maynard Middle School, and Union County High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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