Deborah Saunders
Wallace
(865) 269-6957
79 Total Sales
1 in LaFollette
$495,000 Price
503 E Prospect St La Follette, TN 37766
LaFollette AreaEstimated Value: $108,000 - $153,883
3
Beds
1.5
Baths
1,137
Sq Ft
$116/Sq Ft
Est. Value
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
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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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2025
Closed on
Dec 15, 2025
Sold by
Bought by
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
$23,721
Avg. Annual Appreciation
37.05%
Original Mortgage
$104,760
Outstanding Balance
$104,152
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$27,569
Purchase Details
Listed on
Oct 17, 2025
Closed on
Nov 3, 2025
Sold by
Bought by
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
$104,152
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$27,569
Purchase Details
Listed on
Dec 18, 2019
Closed on
Jan 17, 2020
Sold by
Bought by
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
Bought by
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
Bought by
Purchase Details
Closed on
Jul 26, 2006
Sold by
Bought by
Purchase Details
Closed on
Mar 21, 2006
Bought by
Purchase Details
Closed on
Oct 10, 1984
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in La Follette, TN
-
Deborah Saunders
-
Brad Cawood
Brad Cawood
Responds QuicklyBackwoods Realty & Development
(606) 752-1470
51 Total Sales
2 in LaFollette
$235K - $264K Price Range
-
Michael Caudill
Michael Caudill
North Cumberland Realty, LLC
(423) 456-9351
79 Total Sales
11 in LaFollette
$33K - $795K Price Range
-
Marie Ayers
Marie Ayers
Responds QuicklyRidge Real Estate LLC
(423) 592-8446
253 Total Sales
123 in LaFollette
$15K - $2.3M Price Range
-
Austin White
Austin White
Realty Executives Associates
(865) 507-2135
80 Total Sales
1 in LaFollette
$275,000 Price
-
Bethany Fritts
Bethany Fritts
Alco Builders & Realty Co
(423) 456-9596
66 Total Sales
34 in LaFollette
$35K - $935K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $108,000 | None Listed On Document | ||
| -- | None Listed On Document | ||
| $37,000 | None Available | ||
| $21,000 | -- | ||
| $62,718 | -- | ||
| $62,500 | -- | ||
| $50,000 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $104,760 | ||
| Previous Owner | $16,800 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
K
Seller's Agent in 2021
Kimberly Phillips
Ridge Real Estate LLC
-
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: RTC3065266
APN: 085K-A-010.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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