NOT LISTED FOR SALE

2934 Lake Forest Cir Talbott, TN 37877

Estimated Value: $452,000 - $807,000

3 Beds
2.5 Baths
2,325 Sq Ft
$292/Sq Ft Est. Value

Last Sold May 19, 2021

Last sale price $575,000 $247 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,696/month

Highlights

  • Lake Front
  • Lake Privileges
  • Wood Flooring
  • Docks
  • Traditional Architecture
  • Den with Fireplace

About This Home

As of May 2021

Move In Ready Cherokee Lakefront home with views of the main channel and dam from nearly every room. Over 300 ft of shoreline with year round water and private boat ramp in your backyard. Located in the established Timberlake community, this house is conveniently located to Morristown and Jefferson City. Solid brick home with a metal roof, 2 covered decks, oversized 2 car garage in basement and 16 x 20 storage shed. Brazilian tiger hardwood floors in master bedroom and living areas. Kitchen has been updated with white shaker cabinets, granite countertops, and stainless steel appliances. Cathedral ceiling in living room. 3 bedrooms and 2 full baths on the main level. Lower level features large family room with wet bar and gas log fireplace, bonus room for additional bedroom or office, laundry with 1/2 bath, garage, and a covered patio. This Cherokee lake house is the perfect vacation home or year round residence. This home is shown by appointment only. Buyer is responsible for transfer of dock permit with TVA.

Last Agent to Sell the Property

Amy Shrader

REMAX Real Estate Ten of Morristown License #324868 Listed on: 04/05/2021

REMAX Real Estate Ten of Morristown

Last Buyer's Agent

Non Member

Non Member

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 0.74 Acre Lot
  • Lake Front
  • Level Lot
  • Property is in average condition

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Water
  • Mountain

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Metal Roof

Interior Spaces

  • 2,325 Sq Ft Home
  • 1-Story Property
  • Wired For Data
  • Gas Log Fireplace
  • Insulated Windows
  • Window Treatments
  • Den with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Stubbed For A Bathroom

Outdoor Features

  • Docks
  • Lake Privileges
  • Covered Patio or Porch
  • Shed

Schools

  • Jefferson Elementary School
  • Jefferson High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Septic Tank

Community Details

  • Timberlake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 003o A 025.00 000

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

HOA Fees

$8 per month

Parking

2

Listing Details

  • Directions: AJ Hwy to Greenbriar Rd. At Lebanon Church bear left to stay on Greenbriar. At entrance to Timberlake, turn left on Lake Forest. Home on left.
  • Prop. Type: Residential
  • Year Built: 1972
  • Garage Garage Spaces: 2
  • Property Sub Type: Single Family Residence
  • ResoSecurityFeatures: Smoke Detector(s)
  • Subdivision Name: Timberlake
  • Architectural Style: Traditional
  • New Construction: No
  • Reso Structure Type: House
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.74
  • General Property Description Zoning2: Residential
  • General Property Description Elementary School3: Jefferson
  • General Property Description Middle School2: Out Of Area
  • General Property Description High School3: Jefferson
  • Water Public: Yes
  • General Property Description Lot Dimensions: 147x149 IRR
  • General Property Description Home Warranty: No
  • General Property Description Total SqFt Finished: 2325.0
  • AC Central Air: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • General Property Description Parcel ID2: 003o A 025.00 000
  • General Property Description # Fireplaces: 1
  • General Property Description Stories2: 1
  • Other Structures Shed(s): Yes
  • View Mountain(s): Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Flooring Carpet: Yes
  • Other Rooms Laundry: Yes
  • Foundation Block6: Yes
  • General Property Description HOA Fee: 8.0
  • View Water2: Yes
  • Roof Metal3: Yes
  • Property Condition Average: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Rooms:Office2: Yes
  • Structure Type:House: Yes
  • Security Features:Smoke Detector(s): Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
  • Has Basement: Finished, Plumbed, Walk-Out Access
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Pantry, Walk-In Closet(s), Wired for Data
  • Window Features: Insulated Windows, Window Treatments
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 817.0
  • Fireplace Features: Den, Gas Log
  • Fireplaces: 1
  • General Property Description Baths - Full: 2
  • Interior Features:Pantry: Yes
  • Appliances Dishwasher: Yes
  • General Property Description Baths - 12: 1
  • Interior Features:Walk-In Closet(s): Yes
  • Fireplace:Gas Log: Yes
  • Fireplace:Den: Yes
  • Basement:Walk-Out Access: Yes
  • Appliances:Electric Range: Yes
  • Basement:Basement Finished2: Yes
  • Interior Features:Wired for Data: Yes
  • Basement:Plumbed: Yes

Exterior Features

  • Property Condition: Average
  • Roof: Metal
  • Other Structures: Shed(s)
  • View: Water, Mountain(s)
  • Waterfront Features: Lake Front, Lake Privileges
  • Exterior Features: Dock, See Remarks
  • Acres: 0.74
  • Topography: Level
  • Waterfront: Yes
  • Home Warranty: No
  • Construction Type: Brick
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Porch
  • Exterior Finish Brick4: Yes
  • Window Features:Insulated Windows: Yes
  • PorchPatioDeck Covered: Yes
  • Exterior Features:See Remarks23: Yes
  • PorchPatioDeck Porch: Yes
  • Window Features:Window Treatments: Yes
  • Exterior Features:Dock: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Lake Privileges: Yes

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Heating: Electric, Natural Gas
  • Sewer: Septic Tank
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Sewer Septic Tank: Yes
  • Heating:Electric: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association Fee: 8.0
  • Association: Yes

Schools

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

Lot Info

  • Zoning: Residential
  • Lot Dimensions: 147x149 IRR
  • Lot Size Sq Ft: 32234.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 003o A 025.00 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2021
Closed on
May 19, 2021
Sold by
Jurek Edward J and Leon Carmen E
Bought by
Archer Michael F and Archer Jill L
Seller's Agent
Amy Shrader
REMAX Real Estate Ten of Morristown
Buyer's Agent
Non Member
Non Member
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$677,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,993
Avg. Annual Appreciation
3.58%
Original Mortgage
$375,000
Outstanding Balance
$339,844
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$338,149

Purchase Details

Closed on
Nov 17, 2020
Sold by
Jurek Edward J
Bought by
Jurek Edward J and Leon Carmen E

Purchase Details

Closed on
Aug 17, 2015
Sold by
Mcklveen Oliver R Liv Trust
Bought by
Jurek Edward J

Purchase Details

Closed on
Feb 13, 2003
Sold by
Mcklveen Lillie V
Bought by
Mcklveen Oliver R Trustee

Purchase Details

Closed on
Jul 1, 1986
Bought by
Mcklveen Oliver R and Mcklveen Lillie V

Purchase Details

Closed on
Jul 15, 1977

Purchase Details

Closed on
Jan 1, 1977
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Archer Michael F $575,000 Lakeway Title Services
Jurek Edward J -- None Available
Jurek Edward J $193,000 --
Mcklveen Oliver R Trustee -- --
Mcklveen Oliver R Trustee -- --
Mcklveen Oliver R -- --
Mcklveen Oliver R $75,000 --
-- -- --
-- $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Archer Michael F $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2021 05/19/21 Sold $575,000 0.0% $247 / Sq Ft
04/06/2021 04/06/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $575,000 -- $247 / 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
2025 $2,136 $149,400 $31,500 $117,900
2023 $1,511 $65,700 $0 $0
2022 $1,439 $65,700 $18,000 $47,700
2021 $1,439 $65,700 $18,000 $47,700
2020 $1,284 $58,625 $18,000 $40,625
2019 $1,284 $58,625 $18,000 $40,625
2018 $1,185 $50,425 $11,700 $38,725
2017 $1,185 $50,425 $11,700 $38,725
2016 $1,185 $50,425 $11,700 $38,725
2015 $1,185 $50,425 $11,700 $38,725
2014 $1,185 $50,425 $11,700 $38,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 9920507

Tennessee/Virginia Regional MLS

APN: 003O-A-025.00