NOT LISTED FOR SALE

261 Ridgecrest Dr New Tazewell, TN 37825

Estimated Value: $594,422 - $776,000

3 Beds
3 Baths
3,272 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $355,500 $109 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,801/month

27 Days on Market

Highlights

  • Waterfront
  • Open Floorplan
  • Deck
  • 3.42 Acre Lot
  • Lake Privileges
  • Partially Wooded Lot

About This Home

As of May 2019

East Tennessee Log Home with a Lake View you won't believe! This Lincoln Log style home boasts 180 degree view of Norris Lake and the mountains. 3 bedroom, 3 bath home with a bonus room on the lower level that can be used as 4th bedroom. Screened in porch on the main level has a gas connection. This home has a finished lower level with rec room, laundry room, 3rd bedroom, full bath and bonus room. There is also a basement below this which makes a great owner's storage area if you rented the cabin out. Lone Mountain Shores does allow overnight rentals so buy your vacation home and use VRBO to pay for it! HOA fees are $330/year which gives you a slip in one of the subdivision's 2 marinas! Lake views from nearly every room...don't miss out on this one!

Last Agent to Sell the Property

Amy Shrader

REMAX Real Estate Ten of Morristown License #324868 Listed on: 04/01/2019

REMAX Real Estate Ten of Morristown

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,220

Year Built

  • Built in 2005

Lot Details

  • 3.42 Acre Lot
  • Waterfront
  • Lot Has A Rolling Slope
  • Partially Wooded Lot
  • Property is in good condition

HOA Fees

  • $28 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Home Design

  • Traditional Architecture
  • Log Cabin
  • Log Walls
  • Composition Roof
  • Log Siding

Interior Spaces

  • 3,272 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Gas Log Fireplace
  • Double Pane Windows
  • Entrance Foyer
  • Home Office
  • Loft
  • Sun or Florida Room
  • Screened Porch
  • Pull Down Stairs to Attic

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Stubbed For A Bathroom
  • Crawl Space

Home Security

  • Prewired Security
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • 2 Carport Spaces

Outdoor Features

  • Lake Privileges
  • Deck

Utilities

  • Central Heating and Cooling System
  • Private Water Source
  • Water Softener
  • Septic Tank

Community Details

  • Lone Mountain Shores Subdivision
  • FHA/VA Approved Complex

Listing and Financial Details

  • Assessor Parcel Number 133G B 012.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,220

Year Built

Built in 2005

Lot Details

0

HOA Fees

$28 per month

Listing Details

  • Directions: Highway 25E North to left on Lone Mountain Rd. 6.5 miles to left on Mountain Shores. 2 miles to left to stay on Mountain Shores. Approx 3/4 mile to right on Ridgecrest. 0.3 miles on left.
  • Prop. Type: Residential
  • Year Built: 2005
  • Garage Carport Spaces: 2
  • Property Sub Type: Single Family Residence
  • Subdivision Name: Lone Mountain Shores
  • Architectural Style: Log, Traditional
  • Unit Levels: One and One Half
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 3.42
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Out Of Area
  • General Property Description Middle School2: Out Of Area
  • General Property Description High School3: Out Of Area
  • Property Condition Above Average: Yes
  • General Property Description Lot Dimensions: IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 3272.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 133G B 012.00
  • General Property Description # Fireplaces: 1
  • Financing FHA: Yes
  • General Property Description Stories2: 2
  • Roof Composition: Yes
  • View Mountain(s): Yes
  • TopographyLot Description Rolling Slope: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Other Rooms Laundry: Yes
  • General Property Description HOA Fee: 28.0
  • View Water2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Water Softeners: Yes
  • Attic Pull Down Stairs: Yes
  • TopographyLot Description Part Wooded: Yes
  • Walls Log4: Yes
  • Water Private: Yes
  • Style Log3: Yes
  • Levels One and One Half: Yes
  • Rooms:Office2: Yes
  • Structure Type:House: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Washer, Water Softener
  • Has Basement: Crawl Space, Finished, Full, Plumbed, Unfinished, Walk-Out Access
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Primary Downstairs, Entrance Foyer, Kitchen Island, Open Floorplan, Smoke Detector(s), Solid Surface Counters, Wired for Sec Sys
  • Window Features: Double Pane Windows
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1260.0
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Total Bedrooms: 9
  • General Property Description Baths - Full: 3
  • InteriorFeatures:Smoke Detector(s): Yes
  • Interior Features:Solid Surface Counters: Yes
  • Appliances Dishwasher: Yes
  • Fireplace:Gas Log: Yes
  • Basement:Walk-Out Access: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Kitchen Island: Yes
  • Basement:Crawl Space: Yes
  • Basement:Unfinished: Yes
  • Full Basement: Yes
  • Other Rooms:Loft: Yes
  • Basement:Basement Finished2: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Primary Downstairs: Yes
  • Other Rooms:Sun Room - Unheated: Yes
  • Basement:Plumbed: Yes
  • InteriorFeatures:Wired for Sec Sys: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Composition
  • View: Water, Mountain(s)
  • Waterfront Features: Lake Privileges
  • Acres: 3.42
  • Topography: {"Part Wooded":true,"Rolling Slope":true}
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Log
  • Patio And Porch Features: Covered, Deck, Porch, Screened
  • Window Features:Double Pane Windows: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Deck: Yes
  • PorchPatioDeck Porch: Yes
  • PorchPatioDeck Screened: Yes
  • Exterior Finish Log2: Yes
  • Waterfront Features:Lake Privileges: Yes

Garage/Parking

  • Parking Features: Attached, Concrete
  • Attached Garage: Yes
  • Parking Features:Attached: Yes
  • Parking Features:Concrete2: Yes

Utilities

  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Private
  • Heating:Central: Yes
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Association Fee: 28.0
  • Association: Yes

Schools

  • Elementary School: Out Of Area
  • High School: Out Of Area
  • Middle Or Junior School: Out Of Area

Lot Info

  • Zoning: Residential
  • Lot Dimensions: IRR
  • Lot Size Sq Ft: 148975.2
  • ResoLotSizeUnits: Acres
  • Parcel #: 133G B 012.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Book Number: 493

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2019
Closed on
May 10, 2019
Sold by
Mast Michael S and Mast Cressa C
Bought by
Pfeffer Family Trust
Seller's Agent
Amy Shrader
REMAX Real Estate Ten of Morristown
Buyer's Agent
Non Member
Non Member
List Price
$375,000
Sold Price
$355,500
Premium/Discount to List
-$19,500
-5.2%
Current Estimated Value
$659,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$304,356
Avg. Annual Appreciation
10.30%

Purchase Details

Listed on
Sep 25, 2017
Closed on
Jun 25, 2018
Sold by
Nasser Marlon J
Bought by
Mast Michael S and Mast Cressa C
Seller's Agent
Debbie Boeck
Gables & Gates, REALTORS
Buyer's Agent
Larry Sharp
Turn Key Realty
Sold Price
$329,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$340,373
Interest Rate
4.5%
Mortgage Type
VA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pfeffer Family Trust $355,500 Southland Res Ttl Llc
Mast Michael S $329,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mast Michael S $340,373
Previous Owner Nasser Marlon J $225,000
Previous Owner Nasser Marlon J $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2019 05/10/19 Sold $355,500 -5.2% $109 / Sq Ft
04/29/2019 04/29/19 Pending -- -- --
04/01/2019 04/01/19 For Sale $375,000 +13.8% $115 / Sq Ft
06/25/2018 06/25/18 Sold $329,500 -- $97 / Sq Ft
Source: Tennessee/Virginia Regional 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 $2,220 $94,875 $9,875 $85,000
2023 $2,220 $94,875 $9,875 $85,000
2022 $1,898 $94,875 $9,875 $85,000
2021 $1,757 $68,150 $9,225 $58,925
2020 $1,757 $68,150 $9,225 $58,925
2019 $1,757 $68,150 $9,225 $58,925
2018 $1,757 $68,150 $9,225 $58,925
2017 $1,757 $68,150 $9,225 $58,925
2016 $1,686 $65,350 $9,250 $56,100
2015 $1,621 $65,350 $9,250 $56,100
2014 $1,621 $65,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 419376

Tennessee/Virginia Regional MLS

APN: 133G-B-012.00