$515,000
SOLD MAY 19, 2025

231 Fallon Ln Lenoir City, TN 37771

4 Beds
2.5 Baths
2,734 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$188 Per Sq Ft

18% Below List Price

196 Days on Market

Highlights

  • Craftsman Architecture
  • Cathedral Ceiling
  • 2 Fireplaces
  • Countryside Views
  • Wood Flooring
  • Great Room

About This Home

As of May 2025

Discover this beautiful 4 bedroom, 3 bath Craftsman-style home, perfectly situated on the best street in this sought-after subdivision. This property boasts timeless elegance and modern comforts, offering everything you need for family living in a prime location near top-rated schools, parks, and shoping. Key features include Craftsman charm, showcasing vaulted ceilings, arched entries, and an open floor plan that creates a spacious and airy atmosphere throughout the home. Enjoy cooking in a kitchen equipped with stunning granite countertops, large pantry, kitchen island, and room to entertain! Game Day Porch- Relax and entertain on the screened in porch, perfect for enjoying game days and outdoor gatherings. Step outside and to a gorgeous fenced backyard complete with garden boxes, ideal for gardening enthusiasts and family activities! Beautiful hardwood flooring runs throughout much of the home, adding warmth and sophistication. Spacious, sun filled bedrooms provide plenty of space and privacy for the entire family. This exceptional property with scenic views offers the best of suburban living with a blend of style, space, and convenience. Don't miss your chance to own this beautiful home!

Last Agent to Sell the Property

Mary Clagg

River Rock Real Estate Group License #330372 Listed on: 09/30/2024

Last Buyer's Agent

Chloe Ingle

Realty Executives Associates License #379834

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,154

Year Built

  • Built in 2017

Lot Details

  • 10,019 Sq Ft Lot
  • Cul-De-Sac
  • Fenced Yard
  • Level Lot
  • Rain Sensor Irrigation System

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,734 Sq Ft Home
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Great Room
  • Formal Dining Room
  • Storage
  • Utility Room
  • Countryside Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • <<selfCleaningOvenToken>>
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Patio

Utilities

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

Community Details

  • Carrington Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Property Available on 9/27/24
  • Assessor Parcel Number 015N C 064.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,154

Year Built

Built in 2017

Lot Details

0

HOA Fees

$9 per month

Parking

2

Listing Details

  • Directions: From I75, take exit 81, and go east. Turn right onto Town Creek Rd E, left on Dynasty Dr., left onto Carrington Blvd, and left onto Fallon Ln.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 2017
  • Lot Size Acres: 0.23
  • Subdivision Name: Carrington
  • Architectural Style: Craftsman
  • Property Attached Yn: No
  • Lot Description:Cul-De-Sac: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1221.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1513.0
  • General Property Description:_pound_ Fireplace: 2.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: 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
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Dining Area:Formal Dining Area: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Dining Area:Breakfast Bar: Yes
  • Misc Features:Trey Ceiling: Yes
  • Style:Craftsman: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Self Cleaning Oven
  • Basement YN: No
  • Has Basement: Slab, None
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Log
  • Fireplaces: 2
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Breakfast Bar, Eat-in Kitchen
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:LaundryUtility: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Fireplace:Wood Burning: Yes
  • Basement:Slab: Yes
  • Other Rooms:Great Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Basement:None14: Yes

Exterior Features

  • Exterior Features: Irrigation System
  • View: Country Setting
  • Fencing: Fenced - Yard, Fence - Privacy
  • Lot Features: Cul-De-Sac, Level
  • Construction Type: Vinyl Siding, Brick, Frame
  • Patio And Porch Features: Patio
  • Construction:Frame: Yes
  • Exterior Features:Fenced - Yard: Yes
  • Exterior Features:Cable Available (TV Only): Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Fence - Privacy: Yes
  • Exterior Features:Irrigation System: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Main Level
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Sewer: Public Sewer
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available (TV Only)
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 110.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 10018.8
  • Parcel #: 015N C 064.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2024-09-27

Tax Info

  • Tax Annual Amount: 2153.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2024
Closed on
May 19, 2025
Sold by
Smith Stephen W and Smith Erica Garland
Bought by
Ogorman Jayne and Ogorman Robert
Seller's Agent
Mary Clagg
River Rock Real Estate Group
Buyer's Agent
Chloe Ingle
Realty Executives Associates
List Price
$629,500
Sold Price
$515,000
Premium/Discount to List
-$114,500
-18.19%
Views
116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.39%
Original Mortgage
$515,000
Outstanding Balance
$515,000
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$36,995

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 2, 2021
Sold by
Naismith Mike and Naismith Jessica
Bought by
Smith Stephen W and Smith Erica Garland
Seller's Agent
Vinnie Casazza
Wallace
Buyer's Agent
Mary Clagg
Rarity Bay Real Estate Company, Inc.
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$318,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2017
Sold by
Hughston Homes Of Tennessee Llc
Bought by
Naismith Mike and Naismith Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2017
Sold by
Loy Edwin T
Bought by
Hughston Homes Of Tennessee Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,387
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2010
Bought by
Loy Edwin T
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $515,000 Independence Title & Escrow In
Warranty Deed $515,000 Independence Title & Escrow In
Warranty Deed $375,000 None Available
Warranty Deed $274,850 Concord Title
Warranty Deed $38,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $515,000 New Conventional
Closed $515,000 New Conventional
Previous Owner $318,750 New Conventional
Previous Owner $175,000 Purchase Money Mortgage
Previous Owner $208,387 New Conventional
Previous Owner $208,387 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Sold $515,000 -6.3% $188 / Sq Ft
04/12/2025 04/12/25 Pending -- -- --
04/04/2025 04/04/25 Price Changed $549,900 -2.7% $201 / Sq Ft
03/21/2025 03/21/25 Price Changed $565,000 -1.7% $207 / Sq Ft
02/27/2025 02/27/25 Price Changed $574,900 -2.4% $210 / Sq Ft
02/17/2025 02/17/25 Price Changed $589,000 -1.7% $215 / Sq Ft
10/31/2024 10/31/24 Price Changed $599,000 -4.8% $219 / Sq Ft
09/30/2024 09/30/24 For Sale $629,500 +22.2% $230 / Sq Ft
09/27/2024 09/27/24 Off Market $515,000 -- --
09/27/2024 09/27/24 For Sale $629,500 +67.9% $230 / Sq Ft
07/02/2021 07/02/21 Sold $375,000 -- $137 / 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
2023 $2,153 $90,350 $0 $0
2022 $2,136 $90,350 $9,500 $80,850
2021 $2,109 $90,350 $9,500 $80,850
2020 $1,803 $90,350 $9,500 $80,850
2019 $1,798 $69,750 $9,500 $60,250
2018 $1,754 $69,750 $9,500 $60,250
2017 $811 $69,750 $9,500 $60,250
2016 $242 $9,250 $9,250 $0
2015 $241 $9,250 $9,250 $0
2014 $241 $9,250 $9,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1277669

East Tennessee REALTORS® MLS

APN: 015N-C-064.00