NOT LISTED FOR SALE

4740 Driftwood Ln Louisville, TN 37777

Estimated Value: $916,000 - $1,403,000

3 Beds
3.5 Baths
4,104 Sq Ft
$293/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $585,000 $143 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $6,922/month

362 Days on Market

Highlights

  • Access To Lake
  • 2.03 Acre Lot
  • Bonus Room
  • Middle Settlements Elementary School Rated A-
  • Wood Flooring
  • Great Room

About This Home

As of August 2020

Stunning log home in a gated lakefront community! Enjoy tranquil lake views from your wrap around covered porch on 3 sides of this gorgeous home. Large master en suite on the main as well as additional bedroom with private bath. Soaring ceilings show off the home's architecture, & the stone fireplace makes a great conversation piece with geode stones embedded in the design. The main level floor plan also includes a formal dining room, a large well-equipped kitchen with pantry, an office area, & over sized laundry room with sink & 2nd fridge area---- even a mudroom! The second level is wide open with possibilities for a rec room, work out equipment, office, or just a secondary place to relax & enjoy the views. An additional bedroom with private bath is also located on the second level. The garage space is a car enthusiast's dream with 6 bays plus a work area. This awesome property sits on 2 acres & comes with a community dock. Call today for your private viewing. The dimensional rof is less than 2 years old & installed hearing & air for both levels of home. A complete improvement list is available to buyer's agents or on request from the list agent.

Last Agent to Sell the Property

Billie Cole

Wallace License #306868 Listed on: 07/05/2019

Wallace

Last Buyer's Agent

Jake Harris

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,937

Year Built

  • Built in 2008

Lot Details

  • 2.03 Acre Lot

HOA Fees

  • $50 Monthly HOA Fees

Home Design

  • Log Cabin
  • Log Siding

Interior Spaces

  • 4,104 Sq Ft Home
  • Ventless Fireplace
  • Stone Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Great Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • Association fees include all amenities
  • Driftwood Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 014g A 013.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,937

Year Built

Built in 2008

Lot Details

0

HOA Fees

$50 per month

Listing Details

  • Directions: 140 toward Maryville to Topside Rd. Exit. Turn right on Topside. At end of Topside turn R on Louisville Rd., Bear R on Old Lowes Ferry. At end, L on Lowes Ferry to R on Holston College Rd. to end, R on Gravelly Hills Rd. to Left at Driftwood Estates. ****Gated community--you must call for appointment.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2008
  • Lot Size Acres: 2.03
  • Subdivision Name: Driftwood Estates
  • Architectural Style: Log
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Smoke Detector, Self Cleaning Oven, Security Alarm, Microwave
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Stone, Ventless
  • Fireplaces: 1
  • Flooring: Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Vinyl, Windows - Insulated, Porch - Covered, Cable Available (TV Only)
  • Lot Features: Lake Access
  • Construction Type: Log

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, Side/Rear Entry, Main Level

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 600.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Fee Information

  • Association Fee Includes: All Amenities

Lot Info

  • Lot Size Sq Ft: 88426.0
  • Parcel #: 014g A 013.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Aug 20, 2020
Sold by
Meadows James David
Bought by
Werner Jonathan Clark and Werner Christie L
Seller's Agent
Billie Cole
Wallace
Buyer's Agent
Jake Harris
Keller Williams Realty
Sold Price
$585,000
Current Estimated Value
$1,203,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$618,440
Avg. Annual Appreciation
15.45%
Original Mortgage
$417,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2017
Sold by
Meadows James David
Bought by
James D Meadows Tr

Purchase Details

Closed on
Apr 26, 2016
Sold by
Yarberry Larry W
Bought by
Meadows James D

Purchase Details

Closed on
Jul 9, 2007
Sold by
Darnell Jason Scott
Bought by
Yarberry Larry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.52%

Purchase Details

Closed on
Apr 23, 2003
Sold by
Schneitman Amanda T
Bought by
Darnell Jason Scott
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
Werner Jonathan Clark $585,000 --
James D Meadows Tr -- --
Meadows James D $525,000 --
Yarberry Larry W $160,000 --
Darnell Jason Scott $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Werner Jonathan Clark $400,000
Closed Werner Jonathan Clark $417,000
Previous Owner -- $390,000
Previous Owner Yarberry Larry W $187,000
Previous Owner Yarberry Larry W $112,000
Previous Owner Darnell Jason Scott $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2020 08/20/20 Sold $585,000 -- $143 / 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 $3,937 $247,625 $22,500 $225,125
2023 $3,937 $247,625 $22,500 $225,125
2022 $3,710 $150,200 $20,000 $130,200
2021 $3,710 $150,200 $20,000 $130,200
2020 $3,710 $150,200 $20,000 $130,200
2019 $3,710 $150,200 $20,000 $130,200
2018 $3,446 $139,500 $17,500 $122,000
2017 $3,446 $139,500 $17,500 $122,000
2016 $3,446 $139,500 $17,500 $122,000
2015 $2,999 $139,500 $17,500 $122,000
2014 $3,173 $139,500 $17,500 $122,000
2013 $3,173 $147,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1086450

East Tennessee REALTORS® MLS

APN: 014G-A-013.00