NOT LISTED FOR SALE

487 Lakesprings Dr Unit B3 La Follette, TN 37766

Estimated Value: $376,000 - $448,000

3 Beds
2.5 Baths
1,632 Sq Ft
$250/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $153,000 $94 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $2,438/month

Highlights

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

About This Home

As of October 2016

Gorgeous Lake Front Home! Enjoy year-round deep water with full-service Flat Hollow Marina close by! 2-story windows to appreciate Nature; Vaulted ceilings and beautiful custom pine woodwork. Open Family Rm/Dining/Kitchen floor plan for maximum relaxation and entertaining. Lg sun deck for grilling or chilling! 1st flr Master Suite; 2 private bdrms upstairs with full bath + bonus room! Walkout to BIG deck from LL Rec Room and secluded bdrm suite to hot tub... or walk down to your own private covered boat dock! House is fully furnished and recently stained. The marina is just a short drive - easy to pick people up there. This is one of the most desirable plans in area! Come take a look and you'll see why this is the place for you!

Last Agent to Sell the Property

Tom Sturm

Tennessee Home Finders, LLC License #311264 Listed on: 05/09/2016

Tennessee Home Finders, LLC

Last Buyer's Agent

Tom Sturm

Tennessee Home Finders, LLC License #311264 Listed on: 05/09/2016

Tennessee Home Finders, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,019

Year Built

  • Built in 1986

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,632 Sq Ft Home
  • Mountain Views
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Deck

Additional Features

  • Lake Front
  • Central Heating and Cooling System

Community Details

  • Association fees include building exterior, association insurance, trash, grounds maintenance, pest contract
  • Alder Springs Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 099a A 037.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,019

Year Built

Built in 1986

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Directions: From LaFollette turn right at light #10 (S. Cumberland), follow for approx 9 miles, take a sharp left at Owens Market, turn right at Freddy’s. at Deerfield security gate do not go in, turn left onto Alder Shores, turn left on Lake Springs drive, left on gravel driveway.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1986
  • Lot Size: Common
  • Subdivision Name: Alder Springs Village
  • Architectural Style: Traditional
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Has Basement: Finished, Walkout
  • Fireplace: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Laminate, Carpet, Hardwood
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Deck
  • View: Mountain View
  • Lot Features: Waterfront Access, Lakefront, Lake Access

Utilities

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

Condo/Co-op/Association

  • Association Fee: 625.0
  • Association Fee Frequency: Quarterly
  • Association: Yes

Fee Information

  • Association Fee Includes: Building Exterior, Association Ins, Trash, Grounds Maintenance, Pest Contract

Lot Info

  • Parcel #: 099a A 037.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2020
Sold by
Brannon Michael L and Brannon Lynn H
Bought by
Markel Jeffrey and Markel Andrea
Current Estimated Value
$407,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
May 3, 2019
Sold by
White Jeffrey Lee and White Charla N
Bought by
Amos Robert D and Amos Jennifer C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2015
Sold by
Myers Tonya
Bought by
White Jeffrey Lee and White Charla N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,050
Interest Rate
3.79%
Mortgage Type
New Conventional
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
Markel Jeffrey $180,000 None Available
Amos Robert D $175,000 Superior Title & Escrow Llc
White Jeffrey Lee $144,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Markel Jeffrey $158,400
Previous Owner Amos Robert D $131,250
Previous Owner White Jeffrey Lee $130,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2016 10/21/16 Sold $153,000 -- $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
2025 $1,019 $83,800 $0 $0
2024 $1,019 $83,800 $14,250 $69,550
2023 $780 $37,775 $7,500 $30,275
2022 $780 $37,775 $7,500 $30,275
2021 $780 $37,775 $7,500 $30,275
2020 $764 $37,775 $7,500 $30,275
2019 $780 $37,775 $7,500 $30,275
2018 $961 $42,700 $10,000 $32,700
2017 $916 $40,725 $10,000 $30,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 964088

East Tennessee REALTORS® MLS

APN: 007099A A 03700 C011