NOT LISTED FOR SALE

198 Elk Lake Ln Jacksboro, TN 37757

Estimated Value: $520,000 - $622,000

3 Beds
2 Baths
2,448 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 22, 2024

Last sale price $525,000 $214 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,264/month

256 Days on Market

Highlights

  • Barn
  • Mountain View
  • Traditional Architecture
  • 6.7 Acre Lot
  • Creek On Lot
  • Wood Flooring

About This Home

As of July 2024

* Previous buyers got cold feet and backed out before any inspections were completed* Here is a once-in-a-lifetime opportunity to own your very own private estate! 198 Elk Lake Ln is a stunning custom-built brick rancher, boasting awe-inspiring mountain vistas that will leave you breathless. As you pull up the secluded wrap-around driveway, you'll immediately appreciate the grandeur of this nearly 7 acre estate, perfectly situated to provide you with panoramic views of the majestic Cumberland Mountains. Step inside this thoughtfully designed home and experience pure elegance, bathed in natural light and coupled with tall ceilings, it creates an inviting and open atmosphere. The spacious living room offers a cozy gas fireplace, perfect for those chilly evenings. As you glide through a set of elegant French doors, you'll be greeted by the beautifully appointed kitchen, complete with beautiful cabinetry and a stainless-steel gas stove. The formal dining room exudes grace and charm, complemented by its bay windows that allow the natural light to flood the space, gracefully illuminating gorgeous hardwood floors. But the true gem of this home is the master bedroom and ensuite. This generously sized retreat features bay windows that frame the breathtaking mountain views, infusing the space with serenity and light. Stepping into the expansive ensuite, you'll discover not one, but two showers, and a luxurious soaking tub. In addition to all this, there's a cozy den that overlooks the spacious covered back porch, offering a perfect spot to unwind. Continuing down the hall from the kitchen, you'll find a guest bathroom and a conveniently located laundry room. This home also offers a spacious 3-car garage with ample parking outside. Also, the home has a brand-new roof installed only a few short months ago. The outdoor amenities of this property are simply unmatched. A workshop with a concrete floor, a huge open shed ideal for equipment, or even space for horses on this vast acreage. A small creek gently runs through the front of the property, adding to the charm. Located within the city limits of Caryville, you'll enjoy the convenience of city services. Speaking of convenience, the location of this home is exceptional. You're within minutes of Norris Lake, Cove Lake State Park, and within 30 minutes of Knoxville. This property is making its debut on the market for the very first time. Don't let this chance slip through your fingers - schedule a private today!

Last Agent to Sell the Property

Gage Dople

Wallace License #362622 Listed on: 10/12/2023

Wallace

Last Buyer's Agent

Ashley Finney

Realty Executives Associates License #302656

Realty Executives Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1994

Lot Details

  • 6.7 Acre Lot
  • Level Lot
  • Irregular Lot

Parking

  • 3 Car Garage
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,448 Sq Ft Home
  • Tray Ceiling
  • Gas Fireplace
  • Vinyl Clad Windows
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Workshop
  • Storage Room
  • Crawl Space

Kitchen

  • Stove
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Creek On Lot
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Storage Shed

Farming

  • Barn

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available

Community Details

  • No Home Owners Association
  • Elk Lake Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 109K B 016.00

Home Details

Home Type

Single Family

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Directions: From I-75 take exit 134 and travel towards LaFollette turn left onto Elkins Ln at the 2nd traffic light. Right onto Elk Lake Lane. Property is on your right. SOP. Gps is accurate for the most part. Make sure it doesn't take you on Dog Creek Ln.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1994
  • Lot Size Acres: 6.7
  • Subdivision Name: Elk Lake Estates
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • View:Mountain View: Yes
  • Lot Description:Irregular Lot: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Gas (Natural): 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
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Outbuildings:Storage Shed: Yes
  • Lot Description:Creek: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Dining Area:Formal Dining Area: Yes
  • Misc Features:Trey Ceiling: Yes
  • Outbuildings:Detached Workshop: Yes
  • Outbuildings:Barn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Stove, Range, Refrigerator
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Vinyl, Tile
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Family Room: Yes
  • Appliances:Gas Stove: Yes
  • Other Rooms:DenStudy: Yes
  • Other Rooms:Workshop: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Gas5: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Porch - Covered
  • View: Mountain View, Country Setting
  • Lot Features: Creek, Irregular Lot, Level
  • Construction Type: Brick
  • Other Structures: Storage, Barn(s), Workshop
  • Exterior Features:Porch - Covered: Yes
  • Construction:Frame - Brick: Yes
  • Exterior Features:Windows - Vinyl: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 3.0
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features: Garage Door Opener, Off-Street Parking
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Off-Street Parking: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 291852.0
  • Parcel #: 109K B 016.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 2024
Sold by
Griffin Valerie
Bought by
Griffin Valerie and Griffin Robert T
Current Estimated Value
$569,619

Purchase Details

Listed on
Oct 12, 2023
Closed on
Jul 22, 2024
Sold by
Wilson Larry Dean and Wilson Denny Ray
Bought by
Griffin Valerie
Seller's Agent
Gage Dople
Wallace
Buyer's Agent
Ashley Finney
Realty Executives Associates
List Price
$575,000
Sold Price
$525,000
Premium/Discount to List
-$50,000
-8.7%
Views
466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.92%

Purchase Details

Closed on
Sep 21, 2022
Sold by
Campbell Circuit Court
Bought by
Green Edward

Purchase Details

Closed on
Apr 28, 1989
Bought by
Wilson Truman and Wilson Venia

Purchase Details

Closed on
Jul 14, 1986
Bought by
Wilson Truman
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
Griffin Valerie -- Admiral Title
Griffin Valerie -- Admiral Title
Griffin Valerie $525,000 Admiral Title
Green Edward $17,956 --
Wilson Truman -- --
Wilson Truman -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2024 07/22/24 Sold $525,000 -8.7% $214 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $575,000 0.0% $235 / Sq Ft
04/20/2024 04/20/24 Pending -- -- --
04/11/2024 04/11/24 Price Changed $575,000 -11.5% $235 / Sq Ft
02/26/2024 02/26/24 Price Changed $650,000 -9.1% $266 / Sq Ft
01/05/2024 01/05/24 Price Changed $715,000 -4.7% $292 / Sq Ft
10/12/2023 10/12/23 For Sale $750,000 -- $306 / 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 -- $162,450 $33,950 $128,500
2023 $1,932 $93,500 $27,275 $66,225
2022 $1,932 $93,500 $27,275 $66,225
2021 $1,932 $93,500 $27,275 $66,225
2020 $1,893 $93,500 $27,275 $66,225
2019 $1,932 $93,500 $27,275 $66,225
2018 $1,906 $84,725 $27,275 $57,450
2017 $1,906 $84,725 $27,275 $57,450
2016 $1,906 $84,725 $27,275 $57,450
2015 $1,686 $84,725 $27,275 $57,450
2014 -- $84,725 $27,275 $57,450
2013 -- $84,725 $27,275 $57,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1242589

East Tennessee REALTORS® MLS

APN: 109K-B-016.00