NOT LISTED FOR SALE

280 Paradise Point New Tazewell, TN 37825

Estimated Value: $651,000 - $919,830

4 Beds
2 Baths
2,150 Sq Ft
$357/Sq Ft Est. Value

Last Sold May 16, 2022

Last sale price $800,000 $372 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,233/month

Highlights

  • Lake Front
  • Mountain View
  • Wooded Lot
  • 12.89 Acre Lot
  • Deck
  • Traditional Architecture

About This Home

As of May 2022

LAKEFRONT..LAKEFRONT...LAKEFRONT!!! BRAND NEW 4 BEDROOM SEPTIC SYSTEM JUST COMPLETED ON THIS HOME!! What an Absolutely amazing opportunity to own a fabulous Lakefront home located in the beautiful Mountains of East Tennessee and the Pristine waters of Norris Lake. WELCOME TO YOUR OWN PIECE OF PARADISE ON PARADISE POINT!!..Sitting pretty on 12.89 acres m/l and 500 ft of Gorgeous shoreline.. perfect investment Property with the ability to add multiple homes..This is truly a one of a kind property! Enjoy the 1/3 mile private drive to this totally renovated move in ready Waterfront home and enjoy year round deep water. Full glass sunroom. New 1000 sq ft of Multi level decking perfect for Entertaining! Enjoy the private massive bay or enjoy the entertainment at JIMMYS Restaurant/dock located right across the lake...Seller has provided a list of current renovations/improvements for the buyers to view...Spring is on its way!!...looking for that perfect lakefront home? Look no further....Here it is!!

Last Agent to Sell the Property

Debbie Fields

Realty Group License #298030 Listed on: 02/09/2022

Last Buyer's Agent

RAYMOND LAKE

Diversified REALTORS LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,035

Year Built

  • Built in 1995

Lot Details

  • 12.89 Acre Lot
  • Lake Front
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Cement Siding
  • Stone Siding
  • Rough-In Plumbing

Interior Spaces

  • 2,150 Sq Ft Home
  • 1 Fireplace
  • Tile Flooring
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Parking Available

Outdoor Features

  • Access To Lake
  • Deck

Schools

  • Soldiers Memorial Middle School
  • Claiborne County High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 126 050.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,035

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Directions: HWY 33 NORTH TO LONE MOUNTAIN ROAD..TO LONE MOUNTAIN SHORES ROAD...TO LEFT ON ISLAND ROAD..TO LEFT ON PARADISE POINT...YOU CANNOT SEE THE HOUSE FROM THE ROAD..DRIVEWAY HAS A LOCKED GATE...SIGN AT THE BOTTOM OF THE DRIVEWAY...CAN ALSO ENTER FROM HWY 25E AND TURN ONTO LONE MOUNTAIN ROAD...
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1995
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 12.89
  • Lot Size: IRREGULAR
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Refrigerator, Microwave
  • Has Basement: Finished, Plumbed, Slab, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Other
  • Fireplaces: 1
  • Flooring: Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Deck
  • View: Mountain View
  • Lot Features: Waterfront Access, Lakefront, Lake Access, Wooded
  • Construction Type: Stone, Cement Siding

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Main Level

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Claiborne County
  • Middle Or Junior School: Soldiers Memorial

Lot Info

  • Lot Size Sq Ft: 561488.4
  • Parcel #: 126 050.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2024
Sold by
Nixon Kathy L and Nixon Randall L
Bought by
Paradise Island Llc
Current Estimated Value
$768,610

Purchase Details

Listed on
Feb 9, 2022
Closed on
May 16, 2022
Sold by
Fisher Todd L
Bought by
Nixon Randall L and Nixon Kathy L
Seller's Agent
Debbie Fields
Realty Group
Buyer's Agent
Debbie Fields
Realty Group
List Price
$995,000
Sold Price
$800,000
Premium/Discount to List
-$195,000
-19.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.16%
Original Mortgage
$350,000
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 1, 2019
Closed on
Jul 9, 2020
Sold by
Koon Jodi and Last Will & Testament Of Jacob
Bought by
Fisher Todd L
Seller's Agent
Margaret Beeler
COUNTRY & TOWN
Buyer's Agent
IAN CULLEN
Tennessee Valley Appraisal Services
List Price
$439,900
Sold Price
$395,000
Premium/Discount to List
-$44,900
-10.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.44%
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
Paradise Island Llc -- None Listed On Document
Nixon Randall L $800,000 None Listed On Document
Fisher Todd L $395,000 Southland Residential Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nixon Randall L $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2022 05/16/22 Sold $800,000 -15.8% $372 / Sq Ft
03/21/2022 03/21/22 Price Changed $949,900 -4.5% $442 / Sq Ft
02/11/2022 02/11/22 For Sale $995,000 +151.9% $463 / Sq Ft
07/09/2020 07/09/20 Sold $395,000 -10.2% $216 / Sq Ft View Prior Sale
05/16/2020 05/16/20 Pending -- -- --
12/01/2019 12/01/19 For Sale $439,900 -- $240 / 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 $2,035 $86,950 $43,100 $43,850
2023 $2,035 $86,950 $43,100 $43,850
2022 $1,739 $86,950 $43,100 $43,850
2021 $1,665 $64,575 $43,100 $21,475
2020 $1,665 $64,575 $43,100 $21,475
2019 $1,665 $64,575 $43,100 $21,475
2018 $1,665 $64,575 $43,100 $21,475
2017 $1,665 $64,575 $43,100 $21,475
2016 $1,715 $66,475 $43,100 $23,375
2015 $1,649 $66,475 $43,100 $23,375
2014 $1,649 $66,476 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1180233

East Tennessee REALTORS® MLS

APN: 126-050.00