NOT LISTED FOR SALE

Estimated Value: $1,345,000 - $1,844,552

5 Beds
3.5 Baths
7,700 Sq Ft
$207/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $1,120,000 $145 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $8,862/month

382 Days on Market

Highlights

  • Guest House
  • 17.73 Acre Lot
  • Contemporary Architecture
  • Lake View
  • Deck
  • Wooded Lot

About This Home

As of January 2021

*Motivated!* Another 200k price reduction plus over $25k worth of Pella Windows, New Gutters, and wallpaper removal. Make an offer NOW before this property is no longer available! VIEWS LIKE NO OTHER property on Norris Lake! 2 Houses perched above Loyston Point (Point 19) on Norris Lake, this stunning property boasts 360 degree views of the Clinch River, Norris Lake, and the Appalachian Mountains of Tennessee and Kentucky. The Main House is an architectural marvel with over 7,700 sqft, 5 bedrooms and 4 bathrooms. The additional Guest House is a 3 BR, 3 BA, 3000+ sqft LOG HOME with 2 Car Garage. In-ground Pool with Pool House and 3 Car Detatched Garage. Unbelievable Views from every room in this house. Ultra Private, Gated & Circular Driveway. 3 parcels with almost 18 acres.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,151

Year Built

  • Built in 1992

Lot Details

  • 17.73 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Stone Siding
  • Log Siding

Interior Spaces

  • Property has 2 Levels
  • 2 Fireplaces
  • Separate Formal Living Room
  • Lake Views
  • Crawl Space

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Patio

Additional Homes

  • Guest House

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Propane

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,151

Year Built

Built in 1992

Lot Details

0

Parking

4

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1992
  • Unit Levels: Two
  • Year Built Details: EXIST
  • Special Features: None

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Oven, Washer
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Wood, Tile, Vinyl, Other
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 3800
  • Below Grade Sq Ft: 3900
  • Building Area Units: Square Feet
  • Living Area: 7700
  • Living Area Units: Square Feet

Exterior Features

  • Exterior Features: Balcony, Carriage/Guest House
  • Construction Type: Frame, Log, Stone, Other, Brick
  • Patio And Porch Features: Patio, Deck
  • Pool Private: No
  • View: Mountain(s), Lake
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Propane
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Security System, Smoke Detector(s)

Condo/Co-op/Association

  • Amenities: Playground
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Other, Private, Wooded, Level, Rolling Slope
  • Lot Size Acres: 17.73
  • Lot Size Units: Acres
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 9151

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2019
Closed on
Jan 26, 2021
Sold by
The River Of Life International Inc
Bought by
J & M Buckeye Properties Llc
List Price
$1,799,000
Sold Price
$1,120,000
Premium/Discount to List
-$679,000
-37.74%
Current Estimated Value
$1,594,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,776
Avg. Annual Appreciation
7.84%
Original Mortgage
$1,020,000
Outstanding Balance
$830,683
Interest Rate
2.6%
Mortgage Type
Commercial
Estimated Equity
$764,094

Purchase Details

Closed on
Nov 15, 2006
Bought by
The River Of Life Christian Worship Ctr Inc

Purchase Details

Closed on
May 17, 2000
Sold by
Michael Rhodes
Bought by
Michael Rhodes

Purchase Details

Closed on
Apr 22, 1991
Bought by
Mayes C W
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
J & M Buckeye Properties Llc $1,120,000 None Available
J & M Buckeye Properties Llc $1,120,000 None Available
The River Of Life Christian Worship Ctr Inc $1,020,000 --
The River Of Life Christian Worship Ctr Inc $1,020,000 --
Michael Rhodes $970,000 --
Michael Rhodes $970,000 --
Mayes C W $52,000 --
Mayes C W $52,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J & M Buckeye Properties Llc $1,020,000
Closed J & M Buckeye Properties Llc $1,020,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2021 01/29/21 Sold $1,120,000 -37.7% $145 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $1,799,000 -- $234 / Sq Ft
Source: Realtracs

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 $5,185 $272,900 $20,250 $252,650
2023 $5,185 $272,900 $20,250 $252,650
2022 $3,963 $249,275 $20,250 $229,025
2021 $5,215 $243,700 $40,900 $202,800
2020 $5,215 $243,700 $40,900 $202,800
2019 $5,913 $276,300 $40,900 $235,400
2018 $5,913 $276,300 $40,900 $235,400
2017 $5,913 $276,300 $40,900 $235,400
2016 $5,905 $272,100 $40,900 $231,200
2015 $5,905 $272,100 $40,900 $231,200
2014 $4,871 $272,102 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2848287

Realtracs

APN: 054-002.03