$400,000
SOLD SEP 23, 2022

498 Perry Smith Ln Caryville, TN 37714

1 Bed
1 Bath
756 Sq Ft
0.3 Acres

Recently Sold

$529 Per Sq Ft

11% Below List Price

40 Days on Market

Highlights

  • Lake Front
  • Deck
  • Covered Patio or Porch
  • Mountain View
  • Cottage
  • Living Room

About This Home

As of September 2022

Own all the way to the 1020'.... just minutes off I-75 this recently renovated cottage boasts an open floor plan, cathedral ceiling with tongue and groove wood and all NEW shaker style cabinets, granite countertops, vinyl plank floors, light fixtures/ceiling fans, furniture, appliances and more. If you've been waiting for that perfect cabin on Norris Lake at an affordable price this is it. Home has a nice single slip dock/lift, swim platform and a jet ski port. Just minutes to popular Twin Cove Marina. Year around deep water. Home comes fully furnished and ready to go. Some rentals this season. Home is on septic but sewer is available at the road. Don't delay and kick your self for this rare opportunity to own on Norris Lake.

Last Agent to Sell the Property

Marie Ayers

Ridge Real Estate LLC License #288620 Listed on: 07/14/2022

Last Buyer's Agent

Destiny Wormsley

Ridge Real Estate LLC License #368096

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $570

Year Built

  • Built in 1971

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 75 x 188
  • Lake Front

HOA Fees

  • $8 Monthly HOA Fees

Property Views

  • Mountain Views
  • Countryside Views

Home Design

  • Cottage
  • Vinyl Siding

Interior Spaces

  • 756 Sq Ft Home
  • Free Standing Fireplace
  • Electric Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Living Room
  • Vinyl Flooring
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Access To Lake
  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling System

Community Details

  • The Point Subdivision

Listing and Financial Details

  • Assessor Parcel Number 119l a 018.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$570

Year Built

Built in 1971

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Directions: From I-75 take Exit 134 toward LaFollette. Turn right onto Ridge Rd. Go approximately 2.1 miles. Turn left onto Perry Smith Lane. Go approximately 1 mile. Home is on the right with sign in yard.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1971
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.3
  • Lot Size: 75 x 188
  • Subdivision Name: The Point
  • Architectural Style: Cottage
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dryer, Gas Grill, Gas Stove, Smoke Detector, Refrigerator, Microwave, Washer
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Electric, Free Standing
  • Fireplaces: 1
  • Flooring: Vinyl

Exterior Features

  • Exterior Features: Windows - Vinyl, Windows - Insulated, Porch - Covered, Deck
  • View: Mountain View, Country Setting
  • Lot Features: Lakefront, Lake Access
  • Construction Type: Fiber Cement, Vinyl Siding

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 119l a 018.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2021
Sold by
Iplangroup
Bought by
Tn Norris Comfort Llc
Current Estimated Value
$349,145

Purchase Details

Closed on
Nov 2, 2021
Sold by
Equity Trust Company
Bought by
Iplangroup and Robert J Comfort Ira 3301740

Purchase Details

Listed on
Feb 22, 2021
Closed on
Mar 31, 2021
Sold by
Preiss Sean
Bought by
Equity Trust Company
Seller's Agent
Tracy Lobertini
Alco Builders & Realty Co
Buyer's Agent
Rhonda Overholt
NON-MEMBER
Sold Price
$296,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.46%

Purchase Details

Closed on
Nov 12, 2019
Sold by
Preiss Lisa
Bought by
Preiss Sean

Purchase Details

Closed on
Jul 24, 2008
Sold by
Mcmillen Gary
Bought by
Preiss Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,500
Interest Rate
6.31%

Purchase Details

Closed on
Sep 15, 2006
Sold by
Hart Marilyn A
Bought by
Mcmillen Gary and Mcmillen Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.48%

Purchase Details

Closed on
Oct 15, 2004
Sold by
Davis Roger B
Bought by
Hart Marilyn A

Purchase Details

Closed on
Sep 10, 2004
Bought by
Hart Marilyn A

Purchase Details

Closed on
Aug 2, 2002
Sold by
Barnes Barry and Barnes Lois
Bought by
Davis Roger B

Purchase Details

Closed on
Jun 5, 1991
Bought by
Barnes Barry

Purchase Details

Closed on
Oct 31, 1988
Bought by
Barnes Barry

Purchase Details

Closed on
Feb 22, 1983
Bought by
Wigger Paul A and Wigger Carol J

Purchase Details

Closed on
Sep 4, 1979

Purchase Details

Closed on
May 22, 1978
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $296,500 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Deed -- --
Deed $185,000 --
Deed -- --
Warranty Deed $125,000 --
Deed $31,000 --
Warranty Deed $2,000 --
Warranty Deed $21,600 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $764,294 Construction
Closed $320,000 New Conventional
Previous Owner $185,800 Commercial
Previous Owner $205,000 No Value Available
Previous Owner $198,500 No Value Available
Previous Owner $148,000 No Value Available
Previous Owner $30,737 No Value Available
Previous Owner $80,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $400,000 -10.8% $529 / Sq Ft
07/14/2022 07/14/22 For Sale $448,500 +51.3% $593 / Sq Ft
04/01/2021 04/01/21 Sold $296,500 -- $458 / 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 $570 $46,900 $8,000 $38,900
2023 $672 $32,525 $12,500 $20,025
2022 $672 $32,525 $12,500 $20,025
2021 $672 $32,525 $12,500 $20,025
2020 $659 $32,525 $12,500 $20,025
2019 $663 $32,100 $12,500 $19,600
2018 $628 $27,900 $10,000 $17,900
2017 $628 $27,900 $10,000 $17,900
2016 $628 $27,900 $10,000 $17,900
2015 $555 $27,900 $10,000 $17,900
2014 $555 $27,900 $10,000 $17,900
2013 -- $27,900 $10,000 $17,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1199212

East Tennessee REALTORS® MLS

APN: 119I-A-018.00