NOT LISTED FOR SALE

1468 E Norris Point Rd La Follette, TN 37766

Estimated Value: $988,000 - $1,247,567

3 Beds
3 Baths
3,500 Sq Ft
$323/Sq Ft Est. Value

Last Sold May 07, 2012

Last sale price $475,000 $136 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $6,235/month

20 Days on Market

Highlights

  • Lake Front
  • A-Frame Home
  • Recreation Room
  • Mountain View
  • Deck
  • Wood Flooring

About This Home

As of May 2012

LAKEFRONT Home with great views, year round water, and level lot. Home has 3 bedrooms plus 2 or 3 additional rooms for extra sleeping quarters. Features 2 car detached garage, huge great rm. w/cathedral ceiling, hardwood floors, and stone fireplace. Bedrooms are all large. Home has that rustic lakefront appeal with lots of wood on the interior. Very charming! Square Footage is approximate-buyer to verify.

Last Agent to Sell the Property

Marti Smith

Norris Lake Realty License #270195 Listed on: 04/16/2012

Last Buyer's Agent

SHARON NORSWORTHY

K W Cleveland

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,043

Year Built

  • Built in 1994

Lot Details

  • Lake Front

Parking

  • Detached Garage

Home Design

  • A-Frame Home
  • Stone Siding
  • Log Siding

Interior Spaces

  • 3,500 Sq Ft Home
  • Stone Fireplace
  • Insulated Windows
  • Living Room
  • Recreation Room
  • Bonus Room
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Access To Lake
  • Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • No Home Owners Association
  • Norris Pointe Subdivision

Listing and Financial Details

  • Assessor Parcel Number 082M/A/034.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,043

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Directions: Traveling N on I75, take Caryville exit 134, bear rt then straight at light. Continue traveling East on Hwy 63 through LaFollette. Turn rt. at Big O s BP onto Old Middlesboro Rd., then rt. on Bethlehem Rd., rt. on 2nd Lynch Hollow Rd. Follow to E. Norris Point Rd. Continue around loop and house will be on the lakeside. SOP
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1994
  • Lot Size: 113x320 Irr.
  • Subdivision Name: Norris Pointe
  • Architectural Style: A-Frame
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Has Basement: Finished, Slab, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Insulated, Deck
  • View: Mountain View
  • Lot Features: Lakefront, Lake Access
  • Construction Type: Stone, Log

Garage/Parking

  • Attached Garage: No
  • Parking Features: Detached, 2 Car Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 082M/A/034.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2012
Closed on
May 7, 2012
Sold by
Souders Daniel E
Bought by
Johnson Leonard E and Johnson Living Trust
Seller's Agent
Marti Smith
Norris Lake Realty
Buyer's Agent
Marti Smith
Norris Lake Realty
Sold Price
$475,000
Current Estimated Value
$1,131,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$656,392
Avg. Annual Appreciation
6.66%
Original Mortgage
$332,500
Outstanding Balance
$228,745
Interest Rate
3.75%
Mortgage Type
Commercial
Estimated Equity
$902,647

Purchase Details

Closed on
May 27, 2003
Bought by
Souders Daniel E

Purchase Details

Closed on
Jul 20, 1992
Bought by
Faiz Hossein and Faiz Zahra
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
Johnson Leonard E $475,000 --
Souders Daniel E $390,000 --
Faiz Hossein $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Leonard E $332,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2012 05/07/12 Sold $475,000 -- $136 / 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 $3,043 $250,300 $86,250 $164,050
2023 $2,640 $127,775 $40,000 $87,775
2022 $2,640 $127,775 $40,000 $87,775
2021 $2,640 $127,775 $40,000 $87,775
2020 $2,587 $127,775 $40,000 $87,775
2019 $2,640 $127,775 $40,000 $87,775
2018 $2,611 $116,025 $37,500 $78,525
2017 $2,611 $116,025 $37,500 $78,525
2016 $2,611 $116,025 $37,500 $78,525
2015 $2,309 $116,025 $37,500 $78,525
2014 $2,309 $116,025 $37,500 $78,525
2013 -- $116,025 $37,500 $78,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 797929

East Tennessee REALTORS® MLS

APN: 082M-A-034.00