NOT LISTED FOR SALE

4 Laurel Place Norris, TN 37828

Estimated Value: $668,000 - $780,000

3 Beds
3.5 Baths
3,108 Sq Ft
$226/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $350,000 $113 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $4,009/month

71 Days on Market

Highlights

  • Barn
  • Deck
  • Wooded Lot
  • 8.65 Acre Lot
  • Forest View
  • Traditional Architecture

About This Home

As of February 2020

A sprawling 3,108 sqft house on an 8.65 acre mini-farm in the historic City of Norris, this is truly a dream opportunity with innumerable possibilities! Large master suite in one end of the house featuring soaking tub, dual vanities, tiled shower, walk-in closet, and separate entrance. Two bedrooms on other end of house, one of which could also potentially be a master suite with its walk-in closet and attached bathroom. Fantastic kitchen with stainless appliances, granite countertops, tons of cabinet/countertop space and a pantry. House also features a large tiled dining room and two living/family rooms as well as a large deck/patio area. Property features a small barn, pasture, and some woods, perfect for a horse farm. If you want to create your own little world within the city limits of charming Norris, 25 minutes from downtown Knoxville, 5 or fewer minutes away from outstanding outdoor recreation, you've got to check out 4 Laurel Place!

Last Agent to Sell the Property

James Miller

Loy Johnson Real Estate License #345015 Listed on: 10/08/2019

Last Buyer's Agent

Ashley Sexton

Sexton Real Estate Services, Inc. License #283086

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,164

Year Built

  • Built in 1972

Lot Details

  • 8.65 Acre Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Shake Roof

Interior Spaces

  • 3,108 Sq Ft Home
  • Brick Fireplace
  • Forest Views
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Attached Garage
  • Carport
  • Basement Garage

Outdoor Features

  • Deck
  • Patio

Schools

  • Norris Middle School
  • Anderson County High School

Additional Features

  • Barn
  • Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 031 052.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,164

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Directions: I-75 to exit 122, Norris/Clinton- take Hwy 61 east, after Museum of Appalachia turn left on E Norris Rd at traffic light, turn right on Dairy Pond, turn left on Laurel Place. House on left at the corner of Dairy Pond and Laurel Place.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1972
  • Lot Size Acres: 8.65
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Self Cleaning Oven, Refrigerator, Microwave
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Brick
  • Fireplaces: 1
  • Flooring: Laminate, Hardwood, Vinyl, Tile

Exterior Features

  • Exterior Features: Patio, Deck
  • View: Wooded
  • Lot Features: Wooded
  • Construction Type: Fiber Cement, Brick, Shingle Shake
  • Other Structures: Barn(s)

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Carport, Basement

Utilities

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

Schools

  • High School: Anderson County
  • Middle Or Junior School: Norris

Lot Info

  • Lot Size Sq Ft: 376794.0
  • Parcel #: 031 052.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1164.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2019
Closed on
Feb 21, 2020
Sold by
Lawson Christopher R
Bought by
Phillips Ted E and Phillips Kristy H
Seller's Agent
James Miller
Loy Johnson Real Estate
Buyer's Agent
Ashley Sexton
Sexton Real Estate Services, Inc.
Sold Price
$350,000
Current Estimated Value
$701,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,951
Avg. Annual Appreciation
13.51%
Original Mortgage
$285,015
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Listed on
Apr 12, 2013
Closed on
Mar 27, 2014
Sold by
Reeverts Susan W
Bought by
Lawson Christopher R
Seller's Agent
Joey Smith
Sellers Realty Company, Inc.
Buyer's Agent
Jeff McCormick
Realty Executives Associates
Sold Price
$283,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.63%

Purchase Details

Closed on
Oct 31, 1994
Sold by
Hayes Gene
Bought by
Reeverts Paul

Purchase Details

Closed on
Nov 7, 1990
Bought by
Hayes Gene A
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
Phillips Ted E $350,000 None Available
Lawson Christopher R $283,500 --
Reeverts Paul $145,000 --
Hayes Gene A $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Ted E $75,000
Open Phillips Ted E $485,164
Closed Phillips Ted E $480,290
Closed Phillips Ted E $354,090
Closed Phillips Ted Edwards $293,440
Closed Phillips Ted E $285,015
Previous Owner Reeverts Paul F $279,800
Previous Owner Reeverts Paul F $289,500
Previous Owner Reeverts Paul F $52,000
Previous Owner Reeverts Paul F $256,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $350,000 +23.5% $113 / Sq Ft
03/27/2014 03/27/14 Sold $283,500 -- $94 / 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 $2,204 $83,825 $30,575 $53,250
2023 $2,204 $83,825 $0 $0
2022 $3,498 $83,825 $30,575 $53,250
2021 $3,498 $83,825 $30,575 $53,250
2020 $3,108 $82,575 $30,575 $52,000
2019 $3,254 $69,675 $30,575 $39,100
2018 $3,108 $69,675 $30,575 $39,100
2017 $3,108 $69,675 $30,575 $39,100
2016 $3,108 $69,675 $30,575 $39,100
2015 -- $69,675 $30,575 $39,100
2014 -- $69,900 $30,575 $39,325
2013 -- $70,675 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1097085

East Tennessee REALTORS® MLS

APN: 031-052.00