NOT LISTED FOR SALE

194 Gizmo Ln La Follette, TN 37766

Estimated Value: $442,000 - $599,000

3 Beds
2.5 Baths
2,240 Sq Ft
$227/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $410,000 $183 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,756/month

Highlights

  • Access To Lake
  • Chalet
  • Private Lot
  • Mountain View
  • Deck
  • Wood Flooring

About This Home

As of July 2021

This lakeview home offers majestic Norris Lake views 365 days a year from every vantage point, along with phenomenal mountain views. Step inside this recently updated home and you'll know you've found your new spot. Great room features cathedral ceilings with lots of glass to take in the lake views. Even a chef will be pleased with the gourmet kitchen offering Whirlpool appliances including a propane stove, double ovens, ceramic backsplash, and new Bamboo flooring. Main level also offers a master suite with newly updated shower w/glass doors, double vanity, and walk out to the deck with new sliding doors w/built-in blinds. Great room also features walk out to deck w/new sliding doors w/built-in blinds. Lower level offers great room or game room, 2 bedrooms and true laundry room. Step outside to the covered deck and you've found your entertainment dream come true. Large deck will hold all the entertaining essentials and have you living the great life. Upstairs deck off the great room gives you options for enjoying the lake and mountain views, and for relaxing and entertaining. Concrete driveway, updated nautical touches inside and outside. Lots of space to store your lake toys or ATV's. Storage building conveys. Boat slip available.

Last Agent to Sell the Property

Melanie Nance

Ayers Auction and Real Estate License #313477 Listed on: 03/18/2021

Last Buyer's Agent

Melanie Nance

Tennessee Home Finders, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,032

Year Built

  • Built in 2000

Lot Details

  • 0.65 Acre Lot
  • Private Lot

Home Design

  • Chalet
  • Cabin
  • Cedar

Interior Spaces

  • 2,240 Sq Ft Home
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Parking Available
  • Assigned Parking

Outdoor Features

  • Access To Lake
  • Deck
  • Outdoor Storage

Schools

  • La Follette Middle School
  • Campbell County Comprehensive High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 100A A 035.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,032

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Directions: Take Exit 134 from Interstate 75 toward LaFollette. Right onto Hunters Branch Road. Right onto Demory Road for approximately 5 miles. Left onto Sugar Hollow Road (Bo's Place/Demory Mart). Turn left onto Gizmo Lane. Sign on property.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2000
  • Lot Size Acres: 0.65
  • Lot Size: 144.87x187.97 irr
  • Architectural Style: Cabin, Chalet
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Stove, Refrigerator, Microwave
  • Has Basement: Finished, Walkout
  • Fireplace: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Laminate, Carpet, Hardwood, Vinyl, Tile

Exterior Features

  • Exterior Features: Deck
  • View: Mountain View
  • Lot Features: Private, Lake Access
  • Construction Type: Cedar
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: No
  • Parking Features: Designated Parking, Main Level

Utilities

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

Schools

  • High School: Campbell County Comprehensive
  • Middle Or Junior School: LA Follette

Lot Info

  • Lot Size Sq Ft: 28314.0
  • Parcel #: 100A A 035.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2021
Closed on
Jul 1, 2021
Sold by
Terry Ronald Gene and Terry Dorothy
Bought by
Klosterman Kimothy P and Klosterman Karen Sue
Seller's Agent
Melanie Nance
Ayers Auction and Real Estate
Buyer's Agent
Melanie Nance
Tennessee Home Finders, LLC
Sold Price
$410,000
Current Estimated Value
$507,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,523
Avg. Annual Appreciation
5.05%
Original Mortgage
$328,000
Outstanding Balance
$296,963
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$210,560

Purchase Details

Closed on
Apr 18, 2019
Sold by
The Kenar Trust
Bought by
Terry Ronald Gene and Terry Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
4.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 11, 2002
Sold by
Donnelly Vernon
Bought by
Recore Dennis
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Klosterman Kimothy P -- None Available
Klosterman Kimothy P -- None Listed On Document
Terry Ronald Gene $167,000 None Available
Recore Dennis $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Klosterman Kimothy P $328,000
Closed Klosterman Kimothy P $328,000
Previous Owner Terry Ronald Gene $137,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2021 07/01/21 Sold $410,000 -- $183 / 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 $1,032 $84,925 $0 $0
2024 $1,032 $84,925 $6,450 $78,475
2023 $845 $40,925 $2,625 $38,300
2022 $845 $40,925 $2,625 $38,300
2021 $845 $40,925 $2,625 $38,300
2020 $824 $40,725 $2,425 $38,300
2019 $841 $40,725 $2,425 $38,300
2018 $998 $44,375 $6,750 $37,625
2017 $998 $44,375 $6,750 $37,625
2016 $998 $44,375 $6,750 $37,625
2015 $883 $44,375 $6,750 $37,625
2014 -- $44,375 $6,750 $37,625
2013 -- $44,375 $6,750 $37,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1146299

East Tennessee REALTORS® MLS

APN: 100A-A-035.00