NOT LISTED FOR SALE

Estimated Value: $1,436,000 - $1,956,000

7 Beds
5.5 Baths
5,200 Sq Ft
$336/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $1,400,000 $269 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,680/month

1 Day on Market

Highlights

  • Boathouse
  • Boat Ramp
  • Fitness Center
  • Lake Front
  • Docks
  • Landscaped Professionally

About This Home

As of March 2021

Majestic and tranquil Norris Lake front home. This unique find has been completely updated with added bedrooms and bathrooms. Property has a new dock and golf path for easy access on and off the water. Enjoy one of the most unobstructed lake views on Norris Lake. The home has 7 bedrooms ,5 full bathrooms with 1 half bath. The Master Bedroom along with 2 bedrooms are all on level. There are 4 additional bedrooms on second level along with a bonus room and full bath. Home has a large outdoor space with outdoor fireplace overlooking Lost Creek and Chuck Swan Wildlife Sanctuary. Community has Club House , pool, workout room, tennis court and private Marina and launch.

Last Agent to Sell the Property

Glenn Haase

RE/MAX Tri Star License #326903 Listed on: 01/29/2021

RE/MAX Tri Star

Last Buyer's Agent

Kim Cargill Wax

Gables & Gates, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,123

Year Built

  • Built in 2008

Lot Details

  • Lake Front
  • Cul-De-Sac
  • Landscaped Professionally
  • Private Lot
  • Irregular Lot

HOA Fees

  • $37 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • Lake
  • Mountain
  • Countryside Views

Home Design

  • Traditional Architecture
  • Frame Construction
  • Wood Siding
  • Cement Siding
  • Metal Siding
  • Stone Siding
  • Masonry

Interior Spaces

  • 5,200 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Fireplace Features Masonry
  • ENERGY STAR Qualified Windows
  • ENERGY STAR Qualified Doors
  • Great Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Bonus Room
  • Storage Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Boathouse
  • Docks
  • Deck
  • Covered patio or porch
  • Outdoor Gas Grill

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 040 233.00

Community Details

Overview

  • Association fees include association insurance, all amenities, security, grounds maintenance
  • Sunset Bay Subdivision
  • Mandatory home owners association
  • On-Site Maintenance
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,123

Year Built

Built in 2008

Lot Details

0

HOA Fees

$37 per month

Parking

2

Listing Details

  • Directions: Please use home address for directions.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2008
  • Road Frontage Type: Lakefront
  • Subdivision Name: Sunset Bay
  • Architectural Style: Traditional
  • Property Attached Yn: Yes
  • View:Mountain View: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Lot Description:Irregular Lot: Yes
  • Lot Description:Lake Access: Yes
  • Lot Description:Lakefront: Yes
  • Lot Description:Waterfront Access: Yes
  • View:Lake: Yes
  • View:Lakefront2: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:_pound_ Fireplace: 2.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Siding:Stone3: Yes
  • Lot Description:Private: Yes
  • Floors:Tile2: Yes
  • Dining Area:Formal Dining Area: Yes
  • Siding:Wood2: Yes
  • Dining Area:Breakfast Room2: Yes
  • Cooling:Zoned2: Yes
  • Heat:Zoned: Yes
  • AtchdDtchd Type:Attached: Yes
  • Misc Features:Wet Bar: Yes
  • Siding:Metal3: Yes
  • Siding:Cement: Yes
  • Floors:Marble: Yes
  • Outbuildings:Boat - House: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Gas Grill, Gas Stove, Refrigerator, Microwave, Washer
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Fireplace Features: Stone, Masonry, Wood Burning
  • Fireplaces: 2
  • Flooring: Marble, Carpet, Hardwood, Tile
  • ResoLivingAreaSource: Owner
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:Wood Burning: Yes
  • Appliances:Gas Stove: Yes
  • Other Rooms:DenStudy: Yes
  • Appliances:Gas Grill: Yes
  • Other Rooms:Great Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Other Rooms:Breakfast Room: Yes
  • Fireplace:Stone2: Yes
  • Appliances:Central Vacuum: Yes
  • Other Rooms:_two_nd Rec Room: Yes
  • Fireplace:Masonry2: Yes

Exterior Features

  • Exterior Features: Window - Energy Star, Porch - Covered, Prof Landscaped, Deck, Doors - Energy Star
  • View: Mountain View, Country Setting
  • Lot Features: Cul-De-Sac, Waterfront Access, Private, Lakefront, Lake Access
  • Construction Type: Stone, Wood Siding, Cement Siding, Metal Siding
  • Other Structures: Boat - House
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Prof Landscaped: Yes
  • Exterior Features:Doors - Energy Star: Yes
  • Exterior Features:Window - Energy Star: Yes
  • Construction:Masonry: Yes
  • Exterior Features:Dock: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Garage Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 440.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Community Amenities:Club House2: Yes
  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:Boat Ramp: Yes
  • Community Amenities:Dock2: Yes
  • Community Amenities:Lake Access2: Yes
  • Community Amenities:PicnicBarbeque Area: Yes
  • Community Amenities:Exercise Room: Yes
  • Community Amenities:Security2: Yes
  • Community Amenities:Tennis Courts: Yes
  • Association Fee Incl:All Amenities: Yes
  • Association Fee Incl:Association Ins: Yes
  • Association Fee Incl:Grounds Maintenance: Yes
  • Association Fee Incl:Security3: Yes

Fee Information

  • Association Fee Includes: Association Ins, All Amenities, Security, Grounds Maintenance

Lot Info

  • Parcel #: 040 233.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 26, 2021
Sold by
Metzger Family Limited Partnership
Bought by
Luttmer William N and Luttmer Lori M
Seller's Agent
Glenn Haase
RE/MAX Tri Star
Buyer's Agent
Kim Cargill Wax
Gables & Gates, REALTORS
Sold Price
$1,400,000
Current Estimated Value
$1,487,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,623
Avg. Annual Appreciation
9.34%
Original Mortgage
$1,050,000
Outstanding Balance
$961,658
Interest Rate
3.25%
Mortgage Type
Commercial
Estimated Equity
$1,106,538

Purchase Details

Listed on
Jan 29, 2021
Closed on
Feb 19, 2021
Sold by
Metzger C Jeffrey C and Metzger Penny Sue
Bought by
Metzger Family Limited Partnership
Seller's Agent
Glenn Haase
RE/MAX Tri Star
Buyer's Agent
Kim Cargill Wax
Gables & Gates, REALTORS
Sold Price
$1,400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$961,658
Interest Rate
3.25%
Mortgage Type
Commercial
Estimated Equity
$1,106,538

Purchase Details

Listed on
Dec 3, 2014
Closed on
Sep 15, 2015
Sold by
Laware Margaret Ann
Bought by
Metzger C Jeffrey Metzger and Trustees Of The C Jeffrey & Penny Sue Me
Seller's Agent
David (Pozy) Poczobut
Keller Williams Pozy Team
Buyer's Agent
Glenn Haase
Century 21 Real Estate Group
Sold Price
$645,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.04%

Purchase Details

Closed on
Apr 14, 2008
Sold by
Ann Laware Margaret
Bought by
Ann Laware Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
6.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2006
Sold by
Cunningham Richard B
Bought by
Ann Laware Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,500
Interest Rate
6.44%
Mortgage Type
Cash
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
Luttmer William N $1,400,000 Bctc
Luttmer William N $1,400,000 Bctc
Metzger Family Limited Partnership -- None Available
Metzger Family Limited Partnership -- None Available
Metzger C Jeffrey Metzger $645,000 --
Metzger C Jeffrey Metzger $645,000 --
Ann Laware Margaret -- --
Ann Laware Margaret -- --
Ann Laware Margaret $335,000 --
Ann Laware Margaret $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luttmer William N $1,050,000
Closed Luttmer William N $1,050,000
Previous Owner Metzger C Jeffrey $548,250
Previous Owner Laware Margaret Ann $416,900
Previous Owner Laware Margaret Ann $660,000
Previous Owner Ann Laware Margaret $301,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $1,400,000 +117.1% $269 / Sq Ft
09/17/2015 09/17/15 Sold $645,000 -- $179 / 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 $5,123 $269,625 $75,000 $194,625
2023 $0 $269,625 $75,000 $194,625
2022 $4,287 $269,625 $75,000 $194,625
2021 $3,410 $159,350 $55,000 $104,350
2020 $3,410 $159,350 $55,000 $104,350
2019 $3,410 $159,350 $55,000 $104,350
2018 $3,410 $159,350 $55,000 $104,350
2017 $3,410 $159,350 $55,000 $104,350
2016 $3,011 $138,775 $55,000 $83,775
2015 $3,011 $138,775 $55,000 $83,775
2014 $2,484 $138,763 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1141411

East Tennessee REALTORS® MLS

APN: 040-233.00