NOT LISTED FOR SALE

3678 Channel Dr Louisville, TN 37777

Estimated Value: $956,000 - $1,805,000

3 Beds
4 Baths
4,023 Sq Ft
$377/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $1,500,000 $373 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,532/month

6 Days on Market

Highlights

  • Lake Front
  • Deck
  • Separate Formal Living Room
  • Middle Settlements Elementary School Rated A-
  • 3 Fireplaces
  • Log Cabin

About This Home

As of June 2022

FORT LOUDON LAKEFRONT WOW HOME with the most Spectacular Breathtaking Lake views in East Tennessee. Come home to this remarkable place that evokes tranquility, amazing sunsets, and provides the ultimate in fun and entertainment. You will find this gem tucked away in a private community sitting on approximately 1 acre on the Main Channel. Features include nearly 4000 square feet of living space, 3 bedrooms, 4 full baths and additional rooms for bedrooms 4 and 5 New Gourmet Kitchen with custom cabinets, Kitchenaid Appliances, Granite countertops, 6 burner gas stove, large pantry, and custom wet-bar. Outside features include a new golf cart pathway to the newer (2017) concrete/steel double deck dock with jet-ski and boat lift and parking for multiple boats. Home also offers 3 bay attached garages and plenty of parking in the back for guests. Recent improvements include: Refinishing of the home's exterior, Roof replacement in 2019, and newer furnaces. See full list in the home binder. This custom home is located only minutes from West Knoxville, Maryville, and the Great Smoky Mountains. Private Neighborhood with NO HOA Dues You will not find a more beautiful and peaceful place to enjoy the lake life than this getaway!!!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,731

Year Built

  • Built in 1998

Lot Details

  • 1 Acre Lot
  • Lake Front
  • Level Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Log Cabin
  • Brick Exterior Construction
  • Stone Siding
  • Log Siding

Interior Spaces

  • 4,023 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • Separate Formal Living Room
  • Fire and Smoke Detector
  • Property Views
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Propane
  • High Speed Internet
  • Cable TV Available

Community Details

  • Twin Cove Lake Est Subdivision

Listing and Financial Details

  • Tax Lot 44-47
  • Assessor Parcel Number 015H A 01000 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,731

Year Built

Built in 1998

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Log
  • Year Built: 1998
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor, High Speed Internet
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Oven, Trash Compactor, Washer
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces: 3
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 4
  • Has Basement: Finished
  • Building Area Units: Square Feet
  • Living Area: 4023
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Attached
  • Total Parking Spaces: 3

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Propane, Zoned, Other
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Cable Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Other, Level, Rolling Slope
  • Lot Size Acres: 1
  • Lot Size: 100 X 197 IRR
  • Lot Size Units: Acres
  • Parcel #: 015H A 01000 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2731
  • Tax Lot: 44-47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 23, 2022
Sold by
Glessner Family Trust
Bought by
Gillas Gregory G and Gillas Kimberly K
List Price
$1,400,000
Sold Price
$1,500,000
Premium/Discount to List
$100,000
7.14%
Current Estimated Value
$1,517,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,999
Avg. Annual Appreciation
0.37%
Original Mortgage
$1,000,000
Outstanding Balance
$952,854
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$565,145

Purchase Details

Listed on
Jan 29, 2015
Closed on
Oct 22, 2015
Sold by
Frye Richard
Bought by
Glessner Allan and Glessner Kimberly A
Seller's Agent
Jeff Bales
Realty Executives Associates
Buyer's Agent
Jeff Bales
Realty Executives Associates
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.81%
Original Mortgage
$320,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2015
Closed on
Sep 24, 2015
Sold by
Frye Richard
Bought by
Glessner Allan G and Glessner Kimberly A
Seller's Agent
Jeff Bales
Realty Executives Associates
Buyer's Agent
Jeff Bales
Realty Executives Associates
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 1989
Bought by
Morgan Raymond B and Morgan Tracy K

Purchase Details

Closed on
Aug 20, 1979
Bought by
Raby Charles D and Raby Della M
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
Gillas Gregory G $1,500,000 New Title Company Name
Glessner Allan -- --
Glessner Allan G $400,000 --
Morgan Raymond B $37,000 --
Raby Charles D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillas Gregory G $1,000,000
Previous Owner Glessner Allan G $320,000
Previous Owner Frye Richard $218,000
Previous Owner Frye Richard L $90,000
Previous Owner Richard Frye $248,000
Previous Owner Richard Frye $195,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $1,500,000 +7.1% $373 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $1,400,000 +250.0% $348 / Sq Ft
09/28/2015 09/28/15 Sold $400,000 -- $104 / 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 $3,901 $245,350 $100,000 $145,350
2023 $3,901 $245,350 $100,000 $145,350
2022 $2,731 $110,575 $44,000 $66,575
2021 $2,731 $110,575 $44,000 $66,575
2020 $2,731 $110,575 $44,000 $66,575
2019 $2,731 $110,575 $44,000 $66,575
2018 $2,818 $114,100 $42,500 $71,600
2017 $2,818 $114,100 $42,500 $71,600
2016 $2,818 $114,100 $42,500 $71,600
2015 $2,453 $114,100 $42,500 $71,600
2014 $2,496 $114,100 $42,500 $71,600
2013 $2,496 $116,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2839616

Realtracs

APN: 015H-A-010.00