NOT LISTED FOR SALE

1304 Alder Springs Rd La Follette, TN 37766

Estimated Value: $473,000 - $557,000

2 Beds
1 Bath
620 Sq Ft
$843/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $415,000 $669 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,846/month

Highlights

  • Lake Front
  • Deck
  • Traditional Architecture
  • Mountain View
  • Wooded Lot
  • Cooling System Mounted In Outer Wall Opening

About This Home

As of March 2022

If you are looking for a weekend getaway or looking for a great rental opportunity on Norris Lake - look no further. This lakefront cabin is what you have been looking for! This quaint 2 bedroom cabin comes mostly furnished and is move in ready. Also comes with a nice single slip dock with a lift. Located near Springs Dock and just minutes from a TWRA boat launch. Seller has never applied for a Section 26A (dock) permit (dock was present when they purchased). TVA map shows the home in an area eligible to apply. Buyer to verify to their satisfaction. Seller intends to accept offers through March 20, 2022 and reply by March 22, 2022. Call today for your private showing. Buyer to verify all information.

Last Agent to Sell the Property

Marie Ayers

Ridge Real Estate LLC License #288620 Listed on: 03/11/2022

Last Buyer's Agent

Tracy Lobertini

Gables & Gates, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,136

Year Built

  • Built in 1972

Lot Details

  • 0.29 Acre Lot
  • Lake Front
  • Wooded Lot

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Traditional Architecture
  • Cottage
  • Wood Siding

Interior Spaces

  • 620 Sq Ft Home
  • Vinyl Clad Windows
  • Insulated Windows
  • Living Room
  • Vinyl Flooring
  • Crawl Space
  • Fire and Smoke Detector
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Access To Lake
  • Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuller Overbay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 097P A 012.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,136

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Directions: From I-75 take Exit 134 toward LaFollette. Go through LaFollette and turn right onto S Cumberland Ave. Stay on Cumberland Ave and it will become Long Hollow Rd. Make a slight left in curve onto Cedar Creek Rd. Turn right at Bo's place onto Alder Springs Road. Home will be on the right with sign in yard.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1972
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.29
  • Subdivision Name: Fuller Overbay
  • Architectural Style: Cottage, Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Smoke Detector, Refrigerator, Microwave, Washer
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other, None
  • Flooring: Vinyl

Exterior Features

  • Exterior Features: Windows - Vinyl, Windows - Insulated, Deck
  • View: Mountain View, Country Setting
  • Lot Features: Lakefront, Lake Access, Wooded
  • Construction Type: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Parking Features: Main Level, Off-Street Parking

Utilities

  • Cooling: Wall Cooling
  • Cooling Y N: Yes

Lot Info

  • Lot Size Sq Ft: 12632.4
  • Parcel #: 097P A 012.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Mar 31, 2022
Sold by
Edwards Kevin W and Edwards Regina
Bought by
Moryl Joshual P and Moryl Maggie M
Seller's Agent
Marie Ayers
Ridge Real Estate LLC
Buyer's Agent
Tracy Lobertini
Gables & Gates, REALTORS
List Price
$385,000
Sold Price
$415,000
Premium/Discount to List
$30,000
7.79%
Current Estimated Value
$522,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,920
Avg. Annual Appreciation
6.67%

Purchase Details

Closed on
Feb 12, 2013
Sold by
Vacation Home Support Grp
Bought by
Edwards Kevin

Purchase Details

Closed on
Feb 23, 2011
Sold by
Edwards Kevin W
Bought by
Vacation Support Group Inc

Purchase Details

Closed on
Sep 28, 2007
Sold by
Seyferth Douglas G
Bought by
Edwards Kevin W and Edwards Debbie D

Purchase Details

Closed on
Aug 4, 2000
Bought by
Alan Gilbert Dexter and Fugate Yong Su
Source: Public Records

Range of Values:

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Average Value
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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
Moryl Joshual P $415,000 Concord Title
Edwards Kevin -- --
Vacation Support Group Inc -- --
Edwards Kevin W $220,000 --
Alan Gilbert Dexter $105,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $415,000 +7.8% $669 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $385,000 -- $621 / 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
2025 $1,136 $93,425 $0 $0
2024 $1,136 $93,425 $73,950 $19,475
2023 $870 $42,125 $31,250 $10,875
2022 $870 $42,125 $31,250 $10,875
2021 $902 $43,650 $31,250 $12,400
2020 $884 $43,650 $31,250 $12,400
2019 $902 $43,650 $31,250 $12,400
2018 $854 $37,975 $27,500 $10,475
2017 $854 $37,975 $27,500 $10,475
2016 $854 $37,975 $27,500 $10,475
2015 $756 $37,975 $27,500 $10,475
2014 -- $37,975 $27,500 $10,475
2013 -- $37,975 $27,500 $10,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1183537

East Tennessee REALTORS® MLS

APN: 097P-A-012.00