NOT LISTED FOR SALE

506 E Prospect St La Follette, TN 37766

Estimated Value: $178,000 - $235,000

3 Beds
2 Baths
1,348 Sq Ft
$151/Sq Ft Est. Value

Last Sold June 09, 2021

Last sale price $124,000 $92 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,146/month

28 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Outdoor Storage
  • Deck
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

As of June 2021

This newly redone home with open living is not to be missed. Don't let the age of this home fool you. The newly redone interior has a nice open floor plan with modern amenities and touches that extend to each room of the house. The large back porch and yard make it a perfect place for a fire pit and relaxing on summer nights. This home would be perfect for anyone wanting close to town or a perfect Vacation Rental as it's minutes from ATV trail heads. It also offers the convenience of trails straight from the driveway. This homes location is only minutes away from Norris Lake as well. This home is wired for fiber optic internet which makes it the perfect place to work from home.

Last Agent to Sell the Property

Bethany Fritts

Ridge Real Estate LLC Listed on: 04/13/2021

Last Buyer's Agent

Debbie Phillips

The Real Estate Firm, Inc. License #331597

The Real Estate Firm, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $149

Year Built

  • Built in 1910

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,348 Sq Ft Home
  • Vinyl Clad Windows
  • Laminate Flooring
  • Mountain Views
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Side or Rear Entrance to Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 085K A 015.00 000
  • Tax Block 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$149

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Directions: From I-75, take exit 134 towards LaFollette for approximately 10 miles. Make a left at the traffic light on to Indiana Ave. Then make a right on to E. Prospect St. The house sits on the right and has a sign in the yard.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1910
  • Lot Size Acres: 0.16
  • Lot Size: 50X150
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Laminate

Exterior Features

  • Exterior Features: Windows - Vinyl, Porch - Covered, Deck
  • View: Mountain View
  • Construction Type: Vinyl Siding
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: No
  • Parking Features: On-Street Parking, Side/Rear Entry, Off-Street Parking

Utilities

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

Lot Info

  • Lot Size Sq Ft: 6970.0
  • Parcel #: 085K A 015.00 000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 148.6
  • Tax Block: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2021
Closed on
Jun 9, 2021
Sold by
Moore Ernest
Bought by
Leonard Adonis A and Brady Ashalynn S
Seller's Agent
Bethany Fritts
Ridge Real Estate LLC
Buyer's Agent
Debbie Phillips
The Real Estate Firm, Inc.
Sold Price
$124,000
Current Estimated Value
$203,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,352
Avg. Annual Appreciation
11.84%
Original Mortgage
$125,252
Outstanding Balance
$113,153
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$90,199

Purchase Details

Listed on
Oct 17, 2019
Closed on
Dec 19, 2019
Sold by
Griffith Becki L
Bought by
Moore Ernest
List Price
$44,000
Sold Price
$32,000
Premium/Discount to List
-$12,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
151.30%

Purchase Details

Listed on
Feb 21, 2018
Closed on
May 30, 2018
Sold by
Lovely Brenda Marlene and Lovely Brenda M
Bought by
Griffith Becki L
Seller's Agent
Rhonda Meadows
Ayers Auction and Real Estate
Buyer's Agent
Rhonda Thompson
Wallace
Sold Price
$44,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-18.46%

Purchase Details

Listed on
Jun 18, 2015
Closed on
Jul 17, 2015
Sold by
Douglas Cora Estate
Bought by
Lovely Brenda Marlene
Seller's Agent
Marie Ayers
Ridge Real Estate LLC
Buyer's Agent
Cindy Hill
Ridge Real Estate LLC
Sold Price
$48,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.99%
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
Leonard Adonis A $124,000 None Available
Leonard Adonis A -- Troutman Reid
Moore Ernest $32,000 Melrose Title Company Llc
Griffith Becki L $44,000 Tallent Title Group Inc
Lovely Brenda Marlene $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leonard Adonis A $125,252
Closed Leonard Adonis A $125,252
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2021 06/09/21 Sold $124,000 +287.5% $92 / Sq Ft
12/19/2019 12/19/19 Sold $32,000 -27.3% $24 / Sq Ft View Prior Sale
12/14/2019 12/14/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $44,000 0.0% $33 / Sq Ft
05/30/2018 05/30/18 Sold $44,000 -8.3% $33 / Sq Ft View Prior Sale
07/17/2015 07/17/15 Sold $48,000 -- $37 / Sq Ft View Prior Sale
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 -- $57,500 $0 $0
2024 -- $57,500 $4,075 $53,425
2023 $929 $27,625 $1,925 $25,700
2022 $929 $27,625 $1,925 $25,700
2021 $386 $27,625 $1,925 $25,700
2020 $378 $11,475 $1,925 $9,550
2019 $386 $11,475 $1,925 $9,550
2018 $386 $10,875 $1,350 $9,525
2017 $386 $10,875 $1,350 $9,525
2016 $386 $10,875 $1,350 $9,525
2015 $357 $10,875 $1,350 $9,525
2014 -- $10,875 $1,350 $9,525
2013 -- $10,875 $1,350 $9,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1149054

East Tennessee REALTORS® MLS

APN: 085K-A-015.00