NOT LISTED FOR SALE

141 Summit Ln Lake City, TN 37769

Estimated Value: $356,000 - $506,000

5 Beds
3 Baths
3,000 Sq Ft
$153/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $323,000 $108 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,625/month

Highlights

  • 4.13 Acre Lot
  • Private Lot
  • Traditional Architecture
  • Countryside Views
  • Wooded Lot
  • Wood Flooring

About This Home

As of November 2020

ACREAGE, UPDATES & MORE! Enjoy over 4 private acres from this well-maintained all-brick home offering loads of updates with a traditional split foyer floorplan that includes a finished walkout basement. Highlights include a well-designed kitchen with ample cabinet space & double ovens, gorgeous hardwood flooring in the main living area, a large formal master suite with a beautifully remodeled master bath that includes a fabulous walk-in tile shower, a water filtration system installed, and separate family room/den. The basement includes a huge rec room with a wet bar, 2 bedrooms (or home offices), an unfinished storage area, and a 2-car garage that also makes a great workshop. Located in the heart of Rocky Top with an easy commute to Clinton, Oak Ridge, and Lafollette.

Last Agent to Sell the Property

Holli McCray

Greater Impact Realty License #285682 Listed on: 10/29/2020

Last Buyer's Agent

Ellen Bright

Keller Williams West Knoxville

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $884

Year Built

  • Built in 1967

Lot Details

  • 4.13 Acre Lot
  • Private Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Rough-In Plumbing

Interior Spaces

  • 3,000 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Brick Fireplace
  • Insulated Windows
  • Countryside Views
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Basement Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Off-Street Parking

Additional Features

  • Covered Patio or Porch
  • Zoned Heating and Cooling System

Community Details

  • Hugh Stokes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 008M H 014.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$884

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Directions: From I-75 in Anderson County, take exit 128, then head west on Norris Freeway. Take the first left onto Sunshine, then right onto Summit. House is at the end of the road. Look for yard sign on the property.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1967
  • Lot Size Acres: 4.13
  • Subdivision Name: Hugh Stokes
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Smoke Detector, Self Cleaning Oven, Refrigerator
  • Has Basement: Finished, Plumbed, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Brick, Wood Burning
  • Fireplaces: 2
  • Flooring: Carpet, Hardwood, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Insulated, Patio, Porch - Covered
  • View: Country Setting, Other
  • Lot Features: Private, Wooded
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, Basement, Side/Rear Entry, Off-Street Parking

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 179902.8
  • Parcel #: 008M H 014.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 884.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Nov 30, 2020
Sold by
Altshuler Nancy D
Bought by
Mcquaid Aaron David and Mcquaid Sally Marie
Seller's Agent
Holli McCray
Greater Impact Realty
Buyer's Agent
Ellen Bright
Keller Williams West Knoxville
Sold Price
$323,000
Current Estimated Value
$459,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,098
Avg. Annual Appreciation
7.73%
Original Mortgage
$258,400
Outstanding Balance
$194,525
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$264,573
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
Mcquaid Aaron David $323,000 Admiral Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcquaid Aaron David $258,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $323,000 -- $108 / 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 $1,470 $55,925 $5,700 $50,225
2023 $1,470 $55,925 $0 $0
2022 $2,589 $55,925 $5,700 $50,225
2021 $2,589 $55,925 $5,700 $50,225
2020 $1,780 $44,225 $5,700 $38,525
2019 $1,817 $37,150 $5,700 $31,450
2018 $1,780 $37,150 $5,700 $31,450
2017 $1,780 $37,150 $5,700 $31,450
2016 $1,780 $37,150 $5,700 $31,450
2015 -- $37,150 $5,700 $31,450
2014 -- $36,575 $5,125 $31,450
2013 -- $41,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1134375

East Tennessee REALTORS® MLS

APN: 008M-H-014.00