NOT LISTED FOR SALE

398 Norris Crest Dr La Follette, TN 37766

Estimated Value: $2,156,094 - $2,260,000

9 Beds
7.5 Baths
9,600 Sq Ft
$229/Sq Ft Est. Value

Last Sold May 23, 2024

Last sale price $2,075,000 $216 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $12,456/month

29 Days on Market

Highlights

  • Lake Front
  • Deck
  • 4 Fireplaces
  • Clubhouse
  • Traditional Architecture
  • Community Pool

About This Home

As of May 2024

Welcome to your dream lakefront property! Nestled near Shanghai Marina and across the lake from Point 10 on Norris, in the highly desirable gated community of Norris Crest, this stunning home offers the epitome of luxury living with unparalleled amenities-pool, clubhouse, active social events, and breathtaking views. Short Term Rentals approved. As you enter the main level, you'll be greeted by 10-ft ceilings adorned with elegant crown molding, creating an ambiance of grandeur. The main level boasts three full suites, each with its own private bathroom, ensuring comfort and convenience for guests or family members. The primary en suite is a sanctuary in itself, featuring a spa tub, a walk-in shower, and spacious walk-in closets. A total of nine bedrooms and seven full bathrooms, there's plenty of space for family and guests. An additional half bath on the main level adds convenience. Entertaining is a delight with two indoor and two outdoor fireplaces strategically placed throughout the home, including a large stone fireplace in the screened-in porch, perfect for cozy gatherings year-round. The wrap-around deck on the main level provides ample space for outdoor enjoyment, while composite decking ensures durability and low maintenance. The gourmet kitchen is a chef's paradise, equipped with granite counter tops, premium appliances, and a spacious island with additional seating. A mudroom and utility room offer practical spaces for everyday tasks, while security doors provide peace of mind. The basement is an entertainer's haven, boasting 12-ft ceilings, a wet bar, and game room, ideal for hosting gatherings. A recirculating hot water system ensures comfort throughout the home, while a second utility room downstairs adds functionality, workshop, and storage space. Boaters will appreciate a concrete pathway to the lake with turnaround leading to the boat dock with two slips and lifts, water source, power, a doorbell to communicate with the main home and

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,227

Year Built

  • Built in 2007

Lot Details

  • 0.48 Acre Lot
  • Lake Front

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture

Interior Spaces

  • Property has 3 Levels
  • Ceiling Fan
  • 4 Fireplaces
  • Gas Fireplace
  • Property Views
  • Finished Basement

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Outdoor Gas Grill

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 113G A 01800 000

Community Details

Overview

  • Property has a Home Owners Association
  • Norris Crest I Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,227

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2007
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Oven, Washer
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces: 4
  • Flooring: Carpet, Wood, Tile, Vinyl
  • Total Bedrooms: 9
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Has Basement: Finished
  • Above Grade Finished Sq Ft: 6400
  • Below Grade Sq Ft: 3200
  • Building Area Units: Square Feet
  • Living Area: 9600
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: 863
  • Amenities: Clubhouse, Playground, Pool, Gated
  • Association: Yes
  • Senior Community: No

Lot Info

  • Lot Features: Other
  • Lot Size Acres: 0.48
  • Lot Size: 141.16X190 IRR
  • Lot Size Units: Acres
  • Parcel #: 113G A 01800 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 4227

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2024
Closed on
May 21, 2024
Sold by
Croop David N and Croop Linda H
Bought by
Caba Properties Llc
List Price
$2,250,000
Sold Price
$2,075,000
Premium/Discount to List
-$175,000
-7.78%
Views
47
Current Estimated Value
$2,180,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,038
Avg. Annual Appreciation
6.78%
Original Mortgage
$1,400,000
Outstanding Balance
$1,342,462
Interest Rate
6.39%
Mortgage Type
Construction
Estimated Equity
$905,344

Purchase Details

Closed on
Sep 21, 2012
Sold by
Deramo Frank P
Bought by
Croop David N and Croop Linda H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
2.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2004
Bought by
D'Eramo Frank P and D'Eramo Christine W

Purchase Details

Closed on
Dec 6, 1999
Sold by
Norris Crest Partnership
Bought by
Mussari Gerald

Purchase Details

Closed on
Aug 2, 1999
Bought by
Southern Lifestyles Iv Ltd Partnership
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
Caba Properties Llc $2,075,000 None Listed On Document
Croop David N $730,000 --
D'Eramo Frank P $108,000 --
Mussari Gerald $104,900 --
Southern Lifestyles Iv Ltd Partnership $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caba Properties Llc $1,400,000
Previous Owner Croop David N $130,500
Previous Owner Croop David N $417,000
Previous Owner Deramo Frank P $507,500
Previous Owner Deramo Frank P $633,750
Previous Owner Patrick D'Eramo $805,000
Previous Owner Deramo Frank P $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2024 05/23/24 Sold $2,075,000 -7.8% $216 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/01/2024 04/01/24 For Sale $2,250,000 -- $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 $6,236 $513,000 $56,600 $456,400
2023 $4,227 $204,625 $56,250 $148,375
2022 $4,227 $204,625 $56,250 $148,375
2021 $4,227 $204,625 $56,250 $148,375
2020 $4,142 $204,625 $56,250 $148,375
2019 $4,227 $204,625 $56,250 $148,375
2018 $4,217 $187,425 $50,000 $137,425
2017 $4,217 $187,425 $50,000 $137,425
2016 $4,217 $187,425 $50,000 $137,425
2015 $3,730 $187,425 $50,000 $137,425
2014 $3,730 $187,425 $50,000 $137,425
2013 -- $273,950 $50,000 $223,950
Source: Public Records

Map

Source: Realtracs

MLS Number: 2893407

Realtracs

APN: 113G-A-018.00