K
Seller's Agent in 2021
Kimberly Phillips
Ridge Real Estate LLC
503 E Prospect St La Follette, TN 37766
3
Beds
1.5
Baths
1,137
Sq Ft
9,583
Sq Ft Lot
Highlights
- Mountain View
- Wood Flooring
- 1 Car Attached Garage
- Traditional Architecture
- Covered Patio or Porch
- Central Heating and Cooling System
About This Home
As of December 2025Small-Town Charm Meets Big Adventure in LaFollette, TN!
Welcome home to 503 E. Prospect Street a quaint 3-bedroom, 1.5-bath home nestled on a .22-acre lot in the heart of LaFollette — where peaceful living meets endless adventure!
Located just minutes from Norris Lake, this home offers easy access to boating, fishing, and swimming in one of East Tennessee's most scenic spots. Love the outdoors? You're in the perfect place for ATV trail riding, with some of the best off-road trails in the region practically at your doorstep.
Enjoy the true small-town experience with downtown LaFollette just a short walk away! Grab a bite at local favorites like Katie's, Royal Lunch, or Seven Loaves, and experience the friendly community atmosphere that makes this town so special.
This charming property offers cozy living spaces and a layout that fits modern life while keeping that warm, welcoming feel. The .22-acre lot gives you just the right amount of outdoor space — easy to maintain yet perfect for a garden, pets, or quiet evenings under the Tennessee sky.
Whether you're looking for a first home, weekend retreat, or investment property, this gem puts you close to everything that makes LaFollette loved by locals and visitors alike. Home sold as-is
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $673
Year Built
- Built in 1920
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 50x200
- Level Lot
Home Design
- Traditional Architecture
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,137 Sq Ft Home
- Property has 3 Levels
- Ceiling Fan
- Mountain Views
- Unfinished Basement
- Crawl Space
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- 1 Carport Space
- On-Street Parking
Outdoor Features
- Covered Patio or Porch
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 085K A 01000 000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2025
Closed on
Dec 15, 2025
Sold by
Rich Michael Jason
Bought by
Vanzile Alexander
List Price
$115,000
Sold Price
$108,000
Premium/Discount to List
-$7,000
-6.09%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,930
Avg. Annual Appreciation
18.73%
Original Mortgage
$104,760
Outstanding Balance
$104,760
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$8,170
Purchase Details
Listed on
Oct 17, 2025
Closed on
Nov 3, 2025
Sold by
Harris H A
Bought by
Rich Michael Jason
List Price
$115,000
Sold Price
$108,000
Premium/Discount to List
-$7,000
-6.09%
Views
34
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,760
Outstanding Balance
$104,760
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$8,170
Purchase Details
Listed on
Dec 18, 2019
Closed on
Jan 17, 2020
Sold by
Smith Burnice and Smith Barbara
Bought by
Corbin James and Corbin Kimberly
Seller's Agent
Rhonda Meadows
Ayers Auction and Real Estate
Buyer's Agent
Kimberly Phillips
Ridge Real Estate LLC
Sold Price
$37,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.84%
Purchase Details
Closed on
Feb 25, 2011
Sold by
Wells Fargo Bank Na
Bought by
Smith Burnice
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,800
Interest Rate
4.76%
Purchase Details
Closed on
Jul 27, 2010
Sold by
Cooper Tina
Bought by
Wells Fargo Bank
Purchase Details
Closed on
Jul 26, 2006
Sold by
Keystone Investments Llc
Bought by
Cooper Tina
Purchase Details
Closed on
Mar 21, 2006
Bought by
Keystone Investments Llc
Purchase Details
Closed on
Oct 10, 1984
Bought by
Stratton James & Rainey Life Estate
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $108,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $37,000 | None Available | |
| Deed | $21,000 | -- | |
| Deed | $62,718 | -- | |
| Deed | $62,500 | -- | |
| Warranty Deed | $50,000 | -- | |
| Warranty Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $104,760 | New Conventional | |
| Previous Owner | $16,800 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/16/2025 12/16/25 | For Sale | $115,000 | +6.5% | $101 / Sq Ft | |
| 12/15/2025 12/15/25 | Sold | $108,000 | +66.2% | $95 / Sq Ft | |
| 10/24/2025 10/24/25 | Pending | -- | -- | -- | |
| 02/05/2021 02/05/21 | Sold | $65,000 | +75.7% | $57 / Sq Ft | View Prior Sale |
| 01/17/2020 01/17/20 | Sold | $37,000 | -- | $33 / Sq Ft | View Prior Sale |
Source: Realtracs
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 | -- | $32,275 | $5,425 | $26,850 |
| 2024 | -- | $32,275 | $5,425 | $26,850 |
| 2023 | $422 | $12,550 | $2,575 | $9,975 |
| 2022 | $422 | $12,550 | $2,575 | $9,975 |
| 2021 | $422 | $12,550 | $2,575 | $9,975 |
| 2020 | $386 | $11,700 | $2,575 | $9,125 |
| 2019 | $394 | $11,700 | $2,575 | $9,125 |
| 2018 | $353 | $9,950 | $1,875 | $8,075 |
| 2017 | $353 | $9,950 | $1,875 | $8,075 |
| 2016 | $353 | $9,950 | $1,875 | $8,075 |
| 2015 | $327 | $9,950 | $1,875 | $8,075 |
| 2014 | $327 | $9,950 | $1,875 | $8,075 |
| 2013 | -- | $9,950 | $1,875 | $8,075 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jonathan Ayers
J
Buyer's Agent in 2021
Jonathan Ayers
Ridge Real Estate LLC
(423) 494-4191
-
R
Seller's Agent in 2020
Rhonda Meadows
Ayers Auction and Real Estate
Map
Source: Realtracs
MLS Number: 3065266
APN: 085K-A-010.00
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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