NOT LISTED FOR SALE

127 Elk Lake Ln Jacksboro, TN 37757

Estimated Value: $235,000 - $285,972

3 Beds
2 Baths
2,080 Sq Ft
$122/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $240,000 $115 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,393/month

32 Days on Market

Highlights

  • Mountain View
  • Recreation Room
  • Main Floor Primary Bedroom
  • Deck
  • Traditional Architecture
  • No HOA

About This Home

As of September 2023

Back on the market due to no fault of the home. This sought-after 2,080 sqft home in Elk Lake Estates is a true diamond in the rough! It offers all the space you could possibly ask for. As you step inside, you'll be welcomed by an abundance of natural light and breathtaking mountain views through the bay windows. The main level features an open concept living and dining area, kitchen, three bedrooms, and a bathroom. Downstairs, you'll discover two massive rooms that could serve as fantastic dens or even a potential fourth bedroom. A laundry area and full bath is also located on this floor. This property presents an excellent investment opportunity! With its ample space and the ease of adding a fourth bedroom, it's ideal for rental purposes or a profitable flip. It even has great potential as a short-term rental. Location, location, location! The neighborhood offers tranquility and is surrounded by stunning mountain views. Caryville Elementary School is within walking distance, Cove Lake State Park is a short 2-minute drive away, I-75 is just 4 minutes away, Norris Lake can be reached in 10 minutes, and Knoxville is only 30 minutes away! Call today for your private tour!

Last Agent to Sell the Property

Gage Dople

Wallace License #362622 Listed on: 07/14/2023

Wallace

Last Buyer's Agent

Gage Dople

Wallace License #362622 Listed on: 07/14/2023

Wallace

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1988

Lot Details

  • 0.26 Acre Lot
  • Level Lot
  • Irregular Lot

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • Vinyl Clad Windows
  • Family Room
  • Combination Kitchen and Dining Room
  • Home Office
  • Recreation Room
  • Bonus Room
  • Storage Room
  • Mountain Views
  • Dishwasher
  • Finished Basement

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Outdoor Storage
  • Storage Shed

Utilities

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

Community Details

  • No Home Owners Association
  • Elk Lake Estates Subdivision

Listing and Financial Details

  • Property Available on 7/19/23
  • Assessor Parcel Number 109K B 036.00

Home Details

Home Type

Single Family

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Directions: From I-75 headed towards LaFollette turn left onto Elkins Ln. Right onto Elk Lake Lane. Property is on your left. SOP. Gps is accurate.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1988
  • Lot Size Acres: 0.26
  • Subdivision Name: Elk Lake Estates
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • View:Mountain View: Yes
  • Lot Description:Irregular Lot: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1040.0
  • General Property Description:SqFt - Down Lvl: 1040.0
  • 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:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Floors:Laminate: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Percent Basement Finished: Yes
  • Floors:Tile2: Yes
  • Siding:Wood2: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Has Basement: Finished
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Laminate, Vinyl, Tile
  • Appliances Dishwasher: 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:DenStudy: Yes
  • Other Rooms:_two_nd Rec Room: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Porch - Enclosed, Deck
  • View: Mountain View
  • Lot Features: Irregular Lot, Level
  • Construction Type: Wood Siding, Frame
  • Other Structures: Storage
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Porch - Enclosed: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Off-Street Parking
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 11325.6
  • Parcel #: 109K B 036.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2023-07-19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Sep 15, 2023
Sold by
Wilson Truman and Wilson Larry Dean
Bought by
Wilson Larry Dean and Wilson Denny Ray
Seller's Agent
Gage Dople
Wallace
Buyer's Agent
Gage Dople
Wallace
List Price
$238,500
Sold Price
$240,000
Premium/Discount to List
$1,500
0.63%
Views
84
Current Estimated Value
$253,743

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,743
Avg. Annual Appreciation
2.93%
Original Mortgage
$240,000
Outstanding Balance
$235,414
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$18,329

Purchase Details

Closed on
Nov 10, 2008
Sold by
Parnell Philip A
Bought by
Wilson Truman

Purchase Details

Closed on
Apr 20, 1994
Sold by
Wilson Truman
Bought by
Smith Allen

Purchase Details

Closed on
Apr 30, 1990
Bought by
Philip A Parnell

Purchase Details

Closed on
Dec 18, 1989
Bought by
Parnell Philip A

Purchase Details

Closed on
Mar 18, 1989
Bought by
Hicks Kyle Kenton and Hicks Janice

Purchase Details

Closed on
Oct 21, 1987
Bought by
Orick Hugh and Orick Kimberly

Purchase Details

Closed on
Jan 2, 1900
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wilson Larry Dean $240,000 None Listed On Document
Wilson Truman $75,000 --
Smith Allen $10,000 --
Philip A Parnell -- --
Parnell Philip A $54,000 --
Hicks Kyle Kenton $40,000 --
Orick Hugh $3,000 --
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Larry Dean $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $240,000 +0.6% $115 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/06/2023 08/06/23 For Sale $238,500 0.0% $115 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/19/2023 07/19/23 For Sale $238,500 -- $115 / 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 -- $48,525 $5,475 $43,050
2023 $552 $26,700 $4,650 $22,050
2022 $552 $26,700 $4,650 $22,050
2021 $552 $26,700 $4,650 $22,050
2020 $541 $26,700 $4,650 $22,050
2019 $552 $26,700 $4,650 $22,050
2018 $556 $24,700 $4,425 $20,275
2017 $556 $24,700 $4,425 $20,275
2016 $556 $24,700 $4,425 $20,275
2015 $492 $24,700 $4,425 $20,275
2014 -- $24,700 $4,425 $20,275
2013 -- $24,700 $4,425 $20,275
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1233299

East Tennessee REALTORS® MLS

APN: 109K-B-036.00