NOT LISTED FOR SALE

533 Alder Shore Ln Lafollette, TN 37766

Estimated Value: $312,604 - $472,000

2 Beds
2 Baths
1,120 Sq Ft
$330/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $252,000 $225 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,011/month

37 Days on Market

Highlights

  • Lake View
  • Wooded Lot
  • Cathedral Ceiling
  • Deck
  • Traditional Architecture
  • Main Floor Primary Bedroom

About This Home

As of June 2023

Looking for the perfect home with a stunning lake view. This is it! This home is located in the Alder Springs Village community and only minutes to a public boat launch and Springs Dock. Walk in the front door to an open concept living room with cathedral ceilings that continue onto the kitchen. The kitchen has beautiful Hickory cabinets and tons of storage space with double pantry. Walk out the back patio door to find a gorgeous lake view that you won't want to take your eyes off of. The deck makes for perfect cook outs and making memories while soaking up the sun on those hot summer days. Master bedroom has a patio door as well that leads to the back deck. Entering the master, you will find a large walk-in closet and a massive bathroom with a walk-in shower and plenty of room for a standalone tub if desired. Bedroom 2 is a nice size with a very spacious closet. The home also has a laundry room/mud room with additional cabinets and countertops placed in front of the window making for the perfect desk with an even better view. Outside you'll find a storage shed to keep all your lake gear in or make your own tool shed. The possibilities are endless with this very well-kept home. Make it your dream home today. Call for your private showing. Sign on Property. Buyer to verify any and all information.

Last Agent to Sell the Property

Katelyn Martin

Ridge Real Estate LLC License #362489 Listed on: 04/13/2023

Last Buyer's Agent

Rhonda Overholt

NON-MEMBER License #317304

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $693

Year Built

  • Built in 2014

Lot Details

  • 0.46 Acre Lot
  • Corner Lot
  • Level Lot
  • Irregular Lot
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Property Views

  • Lake
  • Woods
  • Mountain
  • Countryside Views
  • Forest

Home Design

  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Vinyl Clad Windows
  • Insulated Windows
  • Drapes & Rods
  • Home Office
  • Storage Room
  • Laminate Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

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

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage
  • Storage Shed

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Well
  • Septic Tank
  • Internet Available

Community Details

  • Voluntary home owners association
  • Alder Springs Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 099A A 020.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$693

Year Built

Built in 2014

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Directions: Take exit 134 and head towards Jacksboro/LaFollette. In approximately 8.5 miles turn right onto S Cumberland Avenue. In 3.4 miles keep left in the curve to turn on Cedar Creek Road. In approximately 4.8 miles take a slight right onto Chapman Road. In 0.8 miles turn left onto Alder Shore Lane. Property will be on the left. Driveway to the home is on Bouy Lane. Sign on Property.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2014
  • Lot Size Acres: 0.46
  • Subdivision Name: Alder Springs Village
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • View:Wooded2: Yes
  • Lot Description:Irregular Lot: Yes
  • Lot Description:Corner Lot: Yes
  • View:Lake: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1120.0
  • General Property Description:HOA: Voluntary
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Outbuildings:Storage Shed: Yes
  • Floors:Laminate: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Water:Private2: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Misc Features:Drapes: Yes
  • Dining Area:Breakfast Bar: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Has Basement: Crawl Space, Unfinished, Outside Entr Only
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Laminate
  • Basement:Crawl Space: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:None15: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Basement:Unfinished: Yes
  • Other Rooms:Split Bedroom: Yes
  • Basement:Outside Entr Only: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Windows - Insulated, Porch - Covered, Deck
  • View: Mountain View, Country Setting, Wooded, Lake
  • Lot Features: Wooded, Corner Lot, Irregular Lot, Level, Rolling Slope
  • Construction Type: Vinyl Siding, Frame
  • Other Structures: Storage
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Exterior Features:Windows - Vinyl: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Side/Rear Entry, Main Level, Off-Street Parking
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:SideRear Entry: Yes
  • GarageParking:Main Level: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes
  • Water Well: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 20037.6
  • Parcel #: 099A A 020.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Jun 29, 2023
Sold by
Harrell Joyce Ann
Bought by
Erfman Jay and Erfman Cristina
Seller's Agent
Katelyn Martin
Ridge Real Estate LLC
Buyer's Agent
Rhonda Overholt
NON-MEMBER
List Price
$287,500
Sold Price
$252,000
Premium/Discount to List
-$35,500
-12.35%
Views
79
Current Estimated Value
$369,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$117,901
Avg. Annual Appreciation
17.91%
Original Mortgage
$223,851
Outstanding Balance
$216,986
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$152,915

Purchase Details

Closed on
Jun 25, 2013
Sold by
First Trust & Savings Bank
Bought by
Harrell Joyce Ann

Purchase Details

Closed on
Aug 29, 2012
Bought by
First Trust & Savings Bank

Purchase Details

Closed on
May 9, 1989
Bought by
Brandt Donald H
Source: Public Records

Range of Values:

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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
Erfman Jay $252,000 None Listed On Document
Erfman Jay $252,000 None Listed On Document
Harrell Joyce Ann $10,000 --
First Trust & Savings Bank $20,000 --
Brandt Donald H $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erfman Jay $223,851
Closed Erfman Jay $223,851
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $252,000 -12.3% $225 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $287,500 -- $257 / 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 $693 $57,050 $0 $0
2024 $693 $57,050 $11,100 $45,950
2023 $407 $28,600 $5,550 $23,050
2022 $407 $28,425 $5,550 $22,875
2021 $407 $28,425 $5,550 $22,875
2020 $399 $28,425 $5,550 $22,875
2019 $407 $28,425 $5,550 $22,875
2018 $407 $25,825 $5,000 $20,825
2017 $407 $25,825 $5,000 $20,825
2016 $407 $25,825 $5,000 $20,825
2015 $514 $25,825 $5,000 $20,825
2014 $407 $20,475 $5,000 $15,475
2013 -- $20,475 $5,000 $15,475
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1223723

East Tennessee REALTORS® MLS

APN: 099A-A-020.00