NOT LISTED FOR SALE

150 Limestone Ln New Tazewell, TN 37825

Estimated Value: $310,822 - $640,000

2 Beds
2.5 Baths
1,800 Sq Ft
$252/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $445,000 $247 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,595/month

8 Days on Market

Highlights

  • Access To Lake
  • 5.82 Acre Lot
  • Private Lot
  • RV Access or Parking
  • Deck
  • Wooded Lot

About This Home

As of July 2024

Welcome Home to Norris Lake! Experience lakeside living at its finest with this stunning 3-bedroom, 2 1/2-bathroom home nestled on a hill overlooking the picturesque Norris Lake. Situated on two parcels spanning 5.82 acres, this property offers unparalleled tranquility and privacy, backing up to protected TVA land.

Inside, the open-concept main level is ideal for hosting your friends and family, while the loft-style primary bedroom boasts awe-inspiring morning sunrises over the lake and mountains.

Downstairs, a spacious family room and two additional bedrooms await, providing ample space for family and friends to unwind after a day on the lake.

Step outside onto the expansive wrap-around deck and take in the breathtaking views of Norris Lake, creating the perfect backdrop for entertaining guests or simply relaxing in the serene surroundings.

This meticulously maintained home boasts numerous upgrades and improvements, ensuring both comfort and peace of mind for its new owners. Starting with essentials, a new well pump installed in January 2024 guarantees reliable water supply, while the Rhino Shield stain applied in 2016 not only enhances the exterior's aesthetic appeal but also comes with a transferable 25-year warranty, offering long-lasting protection. Additional upgrades include new gutters installed in 2020, ensuring efficient drainage and safeguarding the home's foundation. For climate control, both heat pump and air handler units have been replaced within the last five years, ensuring efficient heating and cooling throughout the home. With these thoughtful upgrades and improvements, this home offers not only breathtaking views and serene surroundings but also modern conveniences and peace of mind.

The second lot, totaling 3.54 acres, is partially cleared and comes equipped with a septic permit and installed septic system for a three-bedroom home. With electricity conduit already in place beneath the driveway, this lot is primed for the construction of another residence or a garage to house your lake toys.

This home is located within the coveted Lone Mountain Shores community, residents enjoy access to fiber optic high-speed internet, a Community Center hosting various events for the residents, a Picnic Pavilion, a Nature Walking trail, and two private boat docks with trailer parking available.

Don't miss this opportunity to make your dream of lakeside living a reality. Contact us today to schedule your private showing, whether in person or virtually!

Last Agent to Sell the Property

Colette Palmer

Keller Williams Realty License #330534 Listed on: 05/21/2024

Keller Williams Realty

Last Buyer's Agent

Bobby Ellison

Ellison Realty License #303164

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,116

Year Built

  • Built in 2003

Lot Details

  • 5.82 Acre Lot
  • Private Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $28 Monthly HOA Fees

Home Design

  • Log Cabin
  • Block Foundation
  • Log Siding

Interior Spaces

  • 1,800 Sq Ft Home
  • Ceiling Fan
  • Bonus Room
  • Storage
  • Washer and Dryer Hookup
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Parking

  • Side or Rear Entrance to Parking
  • RV Access or Parking

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank
  • Internet Available

Community Details

  • Lone Mountain Shores 6D Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 138B C 008.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,116

Year Built

Built in 2003

Lot Details

0

HOA Fees

$28 per month

Listing Details

  • Directions: US Hwy 33, Right on Lone Mountain Shores. Go 5 miles, right on Mountain Shores into subdivision, stay left to stay on Mountain Shores, straight on Whistle Valley Rd., Limestone Ln. on the right, at the end of Limestone Ln. SOP. **Put directions into GPS prior to turning off HWY33 - cell service can be spotty in Lone Mountain Shores**
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2003
  • Lot Size Acres: 5.82
  • Subdivision Name: Lone Mountain Shores 6D
  • Architectural Style: Cabin, Log
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • Lot Description:Lake Access: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 750.0
  • General Property Description:SqFt - Down Lvl: 750.0
  • General Property Description:SqFt - 2nd Flr Lvl: 300.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Floors:Laminate: Yes
  • Lot Description:Private: Yes
  • Percent Basement Finished: Yes
  • Floors:Tile2: Yes
  • Basement Walkout: Yes
  • Heat:Heat Pump3: Yes
  • Style:Log3: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator, Smoke Detector
  • Has Basement: Finished, Walkout
  • Fireplace: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Laminate, Carpet, Tile
  • ResoLivingAreaSource: Owner
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Fireplace:None15: Yes

Exterior Features

  • Exterior Features: Porch - Covered, Deck
  • Lot Features: Private, Lake Access, Wooded, Rolling Slope
  • Construction Type: Block, Log
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Construction:Block2: Yes
  • Construction:Log: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: RV Parking, Side/Rear Entry
  • GarageParking:SideRear Entry: Yes
  • GarageParking:RV Parking: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 330.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 253519.2
  • Parcel #: 138B C 008.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jul 25, 2024
Sold by
Murnieks J Michael J and Murnieks Sharon M
Bought by
Folgers Douglas L
Seller's Agent
Colette Palmer
Keller Williams Realty
Buyer's Agent
Bobby Ellison
Ellison Realty
List Price
$465,000
Sold Price
$445,000
Premium/Discount to List
-$20,000
-4.3%
Views
21
Current Estimated Value
$453,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,956
Avg. Annual Appreciation
3.59%
Original Mortgage
$445,000
Outstanding Balance
$441,946
Interest Rate
6.87%
Mortgage Type
Credit Line Revolving
Estimated Equity
$20,155

Purchase Details

Closed on
Feb 13, 2002
Bought by
Murnieks J Michael J and Murnieks Sharon M
Source: Public Records

Range of Values:

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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
Folgers Douglas L $445,000 None Listed On Document
Murnieks J Michael J $29,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Folgers Douglas L $445,000
Previous Owner Murnieks Sharon M $89,298
Previous Owner Murnieks Sharon M $105,833
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $445,000 -4.3% $247 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $465,000 -- $258 / 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 $1,116 $47,675 $4,050 $43,625
2023 $1,116 $47,675 $4,050 $43,625
2022 $954 $47,675 $4,050 $43,625
2021 $978 $37,925 $7,450 $30,475
2020 $978 $37,925 $7,450 $30,475
2019 $978 $37,925 $7,450 $30,475
2018 $978 $37,925 $7,450 $30,475
2017 $978 $37,925 $7,450 $30,475
2016 $1,030 $39,925 $7,500 $32,425
2015 $990 $39,925 $7,500 $32,425
2014 $990 $39,902 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1263561

East Tennessee REALTORS® MLS

APN: 138B-C-008.00