NOT LISTED FOR SALE

Estimated Value: $783,000 - $848,000

4 Beds
5 Baths
4,164 Sq Ft
$198/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $630,000 $151 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,701/month

3 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Sun or Florida Room
  • Northshore Elementary School Rated A-
  • Wood Flooring
  • Great Room

About This Home

As of September 2021

Live the lake lifestyle with this stately brick home in the desirable Wexford at Lake Loudon. This majestic 4 bedroom residence with 3 full baths and 2 half baths, a sprawling fully finished basement, and multiple back decks is an entertainer's dream. The 1st floor boasts a modern open concept kitchen, breakfast nook, formal dining room, living room with fireplace, office with custom bookshelves, and a sunroom. The walk-out basement has a theater/game room, multiple rooms, a half bath, and wet bar. Walk up the grand center staircase and throw open the double doors to the commanding master bedroom. Two bedrooms have pocket doors to bathrooms. The 3-car garage, great room, laundry chute, private backyard, mature landscaping, butler stairs, and app-controlled sprinkler system add value.Hosts will love this layout. Family and friends first stroll along the meandering brick driveway and sidewalk while observing the mature landscaping. The concrete landing centered by an elegant wood door and huge Palladian window will create the Wow! factor before they even enter. Your guests then step into the welcoming foyer with hardwood floor, grand center staircase and hall bridge above, elegant chandelier, and decorative inset arch. Depending on the event, they will flow either into the formal dining room with lovely chandelier, designer white wainscoting, and Palladian windows, or the library/office with built-in bookcases and Palladian windows, or the living room centered by the warm gas fireplace. With multiple windows, the home sparkles throughout the day.

A chef's paradise, the kitchen features a huge center island with deep Blanco sink, custom breakfast bar supported by decorative corbels, multiple lighting options, KitchenAid electric induction cooktop, KitchenAid wall oven with microwave, KitchenAid dishwasher, and large Samsung refrigerator. You will stay organized with the sizable custom cabinetry with sliding trays, soft close drawers and doors, and hidden sliding drawers just above the floor. The sprawling open concept kitchen replete with tile floor, breakfast nook, and bay windows will serve as the centerpiece of family life while causing your guests to marvel. The sunroom is just off the kitchen and leads to the elevated deck overlooking the private backyard. Take the outside stairs to stroll along your backyard or head to the driveway.

From the kitchen, flow seamlessly via the butler stairs to the second floor, or take the staircase to the fully finished basement.

Options abound for a home office and classroom. Utilize the office off the foyer or the Great Room upstairs. In the basement there is a bay window area, a hobby room, a theater/game/media room, and a couple of other rooms for work, entertainment, or virtual learning. The Great Room sports a huge whiteboard that can be easily removed.

The private, fully-fenced backyard with different levels provides a quiet escape from the bustle of the day. You can entertain guests in any season. Get lost in a book at any of a number of sitting areas. Listen to the breeze as it rustles the redbud and cherry trees. Throw open the screened windows in the sunroom to enjoy a soft breeze or the sound of rainfall. Or sit outside under the sunroom on the lower deck while enjoying shade or shelter from the storm. Youths of all ages will love the potential play areas. Kids will enjoy the custom dollhouse and twisty tunnel slide. The black metal fence adds elegance and sturdiness.

The large master bedroom with ceiling fan and soaring vaulted ceiling will be a source of relaxation at the end of each fruitful day. The partially remodeled master bathroom will engender comfort and romance with walk-in shower, whirlpool tub, dual sinks, brightly lit walk-in closet, and water closet.

Not only do you have a refreshing primary bedroom and primary bathroom, but two of the bedrooms are essentially junior masters with respective en-suite full bathrooms accessed through hidden pocket doors. This is perfect for a home full of family or guests.

The Great Room serves as a phenomenal game room, play area, movie room, library, or den. Just off the Great Room is a rear bedroom. There are plenty of opportunities to watch the big game on a weekend, whether in the Great Room, downstairs in the living room, or in the basement. The second floor laundry chute is hidden away at the top of the butler stairs and leads conveniently to the basement laundry room.

The theater/game/media room in the basement boasts a built-in flat screen TV, and the room is wired for a projector. The basement is wired for ethernet. The theater room and the room just outside of it have several cable TV hookups for multiple screens. You will appreciate the light dimmers in the theater room.

With 2 heating zones and Nest thermostats, you can control the climate while keeping your bills under control. Dog owners will value the fenced backyard. Control your Hunter Pro series irrigation system with a smartphone using the Rachio smart sprinkler controller.

The well-run Wexford at Lake Loudon Association includes multiple volunteer Board Members and active committees. The community swimming pool is the center of relaxation and social gatherings. Multiple neighborhood events throughout the year create an idyllic community of friends. The low traffic streets are walkable, with many neighbors and their dogs seen out for a stroll. Wexford at Lake Loudon also includes a camera system at the entrance and exit to the development.

The highly regarded Northshore Elementary is only a 4 minute drive away. With major shops just as close, you will spend less time traveling and more time being with those who matter most. Lake Loudon is 2 minutes away.

Boat enthusiasts, fishermen, and nature lovers will love this location. With Carl Cowan Park, Admiral Farragut Park, Concord Park, a public golf course, yacht club, walking trails, and 2 boat launches to Lake Loudon all within 5 minutes of the development, you will find the lake life alluring. Every day when you drive down the hill to exit Wexford, you will see the tranquil lake before you.

This home was built in 1996 by The Williams Company. The property was upgraded through the years and lovingly maintained.

TDS Telecom fiber optic cable has been installed under the ground in Wexford. Seller used Charter Communications/Spectrum for cable TV and Internet.

Move right in and live the lifestyle that so many others envy. It is time for you to call this place, home.

Last Agent to Sell the Property

Amira Desa

Harb DeSa Realty License #344200 Listed on: 08/03/2021

Co-Listed By

Tai DeSa

Harb DeSa Realty License #344201

Last Buyer's Agent

Janna Meredith

Gables & Gates, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,316

Year Built

  • Built in 1996

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100 x 128.23
  • Wood Fence

HOA Fees

  • $32 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,164 Sq Ft Home
  • Stone Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Aluminum Window Frames
  • Great Room
  • Living Room
  • Home Office
  • Sun or Florida Room
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

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

Schools

  • West Valley Middle School
  • Bearden High School

Additional Features

  • Deck
  • Forced Air Zoned Heating and Cooling System

Community Details

  • Association fees include association insurance
  • Wexford At Lake Loudon Unit 2 Subdivision

Listing and Financial Details

  • Property Available on 8/5/21
  • Assessor Parcel Number 154IH014

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,316

Year Built

Built in 1996

Lot Details

0

HOA Fees

$32 per month

Listing Details

  • Directions: Take Northshore Drive. After passing Hart Rd, take the next right onto King James Rd into Wexford. Turn left. At the stop sign, turn right onto Royal Harbor Dr. Go up the hill. House on left. Sign in front.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1996
  • Lot Size Acres: 0.29
  • Lot Size: 100 x 128.23
  • Co List Office Mls Id: 2970
  • Co List Office Phone: 865-268-4439
  • Subdivision Name: Wexford At Lake Loudon Unit 2
  • Architectural Style: Colonial, Traditional
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Has Basement: Finished, Plumbed, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Stone
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Vinyl, Tile

Exterior Features

  • Exterior Features: Windows - Aluminum, Windows - Insulated, Fence - Wood, Deck
  • Construction Type: Brick

Garage/Parking

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

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 383.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Ins

Schools

  • High School: Bearden
  • Middle Or Junior School: West Valley

Lot Info

  • Lot Size Sq Ft: 12823.0
  • Parcel #: 154IH014
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2021-08-05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 8, 2021
Sold by
Ivey Mitchell R and Ivey Angela N
Bought by
Trejo David Olvera and Olvera Matalyn D
Seller's Agent
Amira Desa
Harb DeSa Realty
Buyer's Agent
Janna Meredith
Gables & Gates, REALTORS
Sold Price
$630,000
Current Estimated Value
$823,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,108
Avg. Annual Appreciation
6.97%
Original Mortgage
$548,250
Outstanding Balance
$501,037
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$322,071

Purchase Details

Closed on
Jan 28, 2000
Sold by
Spence Carl E and Spence Kelly S
Bought by
Ivey Mitchell R and Ivey Angela N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,800
Interest Rate
8%

Purchase Details

Closed on
Oct 31, 1996
Sold by
Williams Company The
Bought by
Spence Carl E
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
Trejo David Olvera $630,000 Paramount Land Ttl Of Knoxvi
Ivey Mitchell R $264,000 Knox Title
Spence Carl E $223,242 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trejo David Olvera $548,250
Previous Owner Ivey Mitchell R $208,858
Previous Owner Ivey Mitchell R $234,950
Previous Owner Ivey Mitchell Ray $251,500
Previous Owner Ivey Mitchell R $250,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $630,000 -- $151 / 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 $2,316 $149,025 $0 $0
2023 $2,316 $149,025 $0 $0
2022 $2,316 $149,025 $0 $0
2021 $2,459 $115,975 $0 $0
2020 $2,459 $115,975 $0 $0
2019 $2,459 $115,975 $0 $0
2018 $2,459 $115,975 $0 $0
2017 $2,459 $115,975 $0 $0
2016 $1,985 $0 $0 $0
2015 $1,985 $0 $0 $0
2014 $1,985 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1162576

East Tennessee REALTORS® MLS

APN: 154IH-014