NOT LISTED FOR SALE

487 Deerwood Ln La Follette, TN 37766

Estimated Value: $799,000 - $952,222

4 Beds
4.5 Baths
2,688 Sq Ft
$330/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $740,000 $275 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,010/month

Highlights

  • Lake Front
  • Deck
  • Wood Flooring
  • Mountain View
  • Traditional Architecture
  • Central Heating and Cooling System

About This Home

As of January 2022

Welcome to Deerfield! Home of Norris Lake's premier community filled with fun and entertainment. This villa is tucked in a private, no wake cove so you can enjoy the water without the waves crashing in. With 4 bedrooms and 4 full bathrooms (2 of which are master suites), the possibilities are endless whether it is large family gatherings or capitalizing on the short term rental income. Also, your lawn and dock maintenance is included in the minuscule $150/month HOA dues.

Last Agent to Sell the Property

Derek Maples

Keller Williams Realty License #324594 Listed on: 11/13/2021

Keller Williams Realty

Last Buyer's Agent

Julie Zittnan

Crye-Leike Realtors South, Inc. License #350923

Crye-Leike Realtors South, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,591

Year Built

  • Built in 1998

Lot Details

  • 6,970 Sq Ft Lot
  • Lake Front

HOA Fees

  • $204 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Shake Roof

Interior Spaces

  • 2,688 Sq Ft Home
  • Ventless Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Mountain Views
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Access To Lake
  • Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Community Details

  • Association fees include all amenities
  • Deerfield Subdivision

Listing and Financial Details

  • Assessor Parcel Number 113D A 058.00 000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,591

Year Built

Built in 1998

Lot Details

0

HOA Fees

$204 per month

Listing Details

  • Directions: Take exit 134 off I-75. Go to traffic light 10-turn right on Cumberland Ave. Follow Deerfield signs (signs are in 1 mi-increments) to the security gate. Home is located approx 3 mi inside of resort.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1998
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.16
  • Lot Size: 100.88 X 71.27 X IRR
  • Subdivision Name: Deerfield
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Ventless
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Vinyl, Windows - Insulated, Deck
  • View: Mountain View
  • Lot Features: Waterfront Access, Lakefront, Lake Access
  • Construction Type: Fiber Cement, Shingle Shake

Garage/Parking

  • Attached Garage: No
  • Parking Features: Main Level, Off-Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee: 2450.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Fee Information

  • Association Fee Includes: All Amenities

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: 113D A 058.00 000
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2021
Closed on
Jan 24, 2022
Sold by
Mossbarger Re Llc
Bought by
Simons William F and Simons Eleanora E
Seller's Agent
Derek Maples
Keller Williams Realty
Buyer's Agent
Julie Zittnan
Crye-Leike Realtors South, Inc.
Sold Price
$740,000
Current Estimated Value
$888,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,306
Avg. Annual Appreciation
4.98%
Original Mortgage
$592,000
Outstanding Balance
$545,602
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$342,704

Purchase Details

Listed on
Nov 13, 2021
Closed on
Jan 12, 2022
Sold by
Mossbarger Re Llc
Bought by
Simons William F and Simons Eleanora E
Seller's Agent
Derek Maples
Keller Williams Realty
Buyer's Agent
Julie Zittnan
Crye-Leike Realtors South, Inc.
Sold Price
$740,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Outstanding Balance
$545,602
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$342,704

Purchase Details

Closed on
Apr 4, 2019
Sold by
Mossbarger Steinbeck Llc
Bought by
Mossaberger Re Llc

Purchase Details

Closed on
Jun 16, 2006
Bought by
Mossbarger-Steinbeck Llc

Purchase Details

Closed on
May 12, 2006
Sold by
Mossbarger Jeffrey A
Bought by
Mossbarger-Steinbeck Llc
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
Simons William F $740,000 Realty T&E Svcs Inc
Simons William F $740,000 Realty Title
Mossaberger Re Llc -- None Available
Mossbarger-Steinbeck Llc -- --
Mossbarger-Steinbeck Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simons William F $592,000
Closed Simons William F $592,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2022 01/24/22 Sold $740,000 -- $275 / 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
2025 $1,591 $130,900 $0 $0
2024 $1,591 $130,900 $45,700 $85,200
2023 $1,908 $92,350 $28,750 $63,600
2022 $1,908 $92,350 $28,750 $63,600
2021 $1,908 $92,350 $28,750 $63,600
2020 $1,870 $92,350 $28,750 $63,600
2019 $1,908 $92,350 $28,750 $63,600
2018 $1,796 $79,825 $15,000 $64,825
2017 $1,796 $79,825 $15,000 $64,825
2016 $1,796 $79,825 $15,000 $64,825
2015 $1,589 $79,825 $15,000 $64,825
2014 -- $79,825 $15,000 $64,825
2013 -- $79,825 $15,000 $64,825
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1173608

East Tennessee REALTORS® MLS

APN: 113D-A-058.00