NOT LISTED FOR SALE

533 Deerwood Ln La Follette, TN 37766

Estimated Value: $585,000 - $704,000

3 Beds
3 Baths
2,688 Sq Ft
$241/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $585,000 $218 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,745/month

31 Days on Market

Highlights

  • Lake Front
  • Docks
  • Lake On Lot
  • Boat Ramp
  • Golf Course Community
  • Gated Community

About This Home

As of July 2024

Welcome to this Beautiful Lakefront Villa in Deerfield. Fantastic views of Norris Lake. Lots of Natural light. Home is turnkey, fully furnished and ready for lake season. Private boat slip. Perfect for a 2nd home/Vacation home or would make a Great income-producing rental. Owning one of these Villa's gives you access to every amenity the Deerfield community has to offer. Golf course, Air strip, Full-Service marina, tennis courts, pool and so much more. Plenty of Parking. Sleeps approximately 10 people with ease. Seller has made several upgrades over the winter including exterior paint, newer doors and windows. All measurements are appoximate - buyer to verify.

Last Agent to Sell the Property

Lorra Ripperger

Ayers Auction and Real Estate License #344829 Listed on: 03/26/2024

Co-Listed By

Melanie Nance

Ayers Auction and Real Estate License #313477

Last Buyer's Agent

Beth Rogers

Elite Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,902

Year Built

  • Built in 1997

Lot Details

  • 9,148 Sq Ft Lot
  • Lake Front
  • Landscaped Professionally

HOA Fees

  • $204 Monthly HOA Fees

Property Views

  • Lake
  • Mountain

Home Design

  • Chalet
  • Shake Roof
  • Shingle Siding
  • Cedar Siding
  • Masonry
  • Cedar

Interior Spaces

  • 2,688 Sq Ft Home
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Bonus Room
  • Storage Room
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Parking

  • Parking Available
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Access To Lake
  • Docks
  • Dock Permitted
  • Lake On Lot
  • Lake Property
  • Balcony
  • Deck

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 1130D A 054.00

Community Details

Overview

  • Association fees include all amenities
  • Deerfield Subdivision
  • Mandatory home owners association
  • Community Lake

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Boat Ramp
  • Boat Dock
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Putting Green

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,902

Year Built

Built in 1997

Lot Details

0

HOA Fees

$204 per month

Listing Details

  • Directions: GPS
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 1997
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.21
  • Co List Office Phone: 423-562-4941
  • Subdivision Name: DeerField
  • Architectural Style: Chalet
  • Property Attached Yn: No
  • View:Mountain View: Yes
  • Lot Description:Lakefront: Yes
  • Lot Description:Waterfront Access: Yes
  • View:Lake: Yes
  • View:Lakefront2: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 768.0
  • General Property Description:SqFt - Down Lvl: 768.0
  • General Property Description:SqFt - 2nd Flr Lvl: 384.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: 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
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Siding:Cedar: Yes
  • Percent Basement Finished: Yes
  • Floors:Tile2: Yes
  • Basement Walkout: Yes
  • Heat:Heat Pump3: Yes
  • Lot Description:Golf Community: Yes
  • Siding:Shingle Shake: Yes
  • Lot Description:Man-Made Lake: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Basement YN: Yes
  • Has Basement: Walkout, Finished
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Carpet, Tile
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Security Alarm: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Exterior Features: Prof Landscaped, Balcony, Dock
  • View: Mountain View, Lake
  • Lot Features: Lake/Water Access, Man-Made Lake, Lakefront, Current Dock Permit on File, Golf Community
  • Construction Type: Cedar, Shingle Shake
  • Exterior Features:Deck: Yes
  • Exterior Features:Prof Landscaped: Yes
  • Construction:Masonry: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Dock: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Sewer: Public Sewer, Other
  • Security: Gated Community, Security Alarm, Smoke Detector
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Propane, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Swimming Pool, Tennis Courts, Club House, Golf Course, Security
  • Association Fee: 2450.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Community Amenities:Gated Community: Yes
  • Community Amenities:Architect Restricted: Yes
  • Community Amenities:Club House2: Yes
  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:Boat Ramp: Yes
  • Community Amenities:Dock2: Yes
  • Community Amenities:Lake Access2: Yes
  • Community Amenities:PicnicBarbeque Area: Yes
  • Community Amenities:Golf Course2: Yes
  • Community Amenities:Putting Greens: Yes
  • Community Amenities:Security2: Yes
  • Community Amenities:Tennis Courts: Yes
  • Association Fee Incl:All Amenities: Yes

Fee Information

  • Association Fee Includes: All Amenities

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 1130D A 054.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1901.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2024
Closed on
Jul 24, 2024
Sold by
Mangat Prabhdeep S and Huller Jane E
Bought by
Vsal Properties Llc
Seller's Agent
Lorra Ripperger
Ayers Auction and Real Estate
Buyer's Agent
Beth Rogers
Elite Realty
List Price
$599,900
Sold Price
$585,000
Premium/Discount to List
-$14,900
-2.48%
Views
47
Current Estimated Value
$649,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,104
Avg. Annual Appreciation
8.39%
Original Mortgage
$468,000
Outstanding Balance
$462,269
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$186,835

Purchase Details

Closed on
Feb 26, 2002
Sold by
Welsh David
Bought by
Mangat Prabhdeep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.95%
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
Vsal Properties Llc $585,000 None Listed On Document
Vsal Properties Llc $585,000 None Listed On Document
Mangat Prabhdeep $212,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vsal Properties Llc $468,000
Closed Vsal Properties Llc $468,000
Previous Owner Mangat Prabhdeep $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2024 07/29/24 Sold $585,000 -2.5% $218 / Sq Ft
04/27/2024 04/27/24 Pending -- -- --
03/26/2024 03/26/24 For Sale $599,900 -- $223 / 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 $1,526 $125,575 $0 $0
2024 $1,526 $125,575 $60,875 $64,700
2023 $1,902 $92,050 $28,750 $63,300
2022 $1,902 $92,050 $28,750 $63,300
2021 $1,902 $92,050 $28,750 $63,300
2020 $1,864 $92,050 $28,750 $63,300
2019 $1,902 $92,050 $28,750 $63,300
2018 $1,771 $78,700 $15,000 $63,700
2017 $1,771 $78,700 $15,000 $63,700
2016 $1,771 $78,700 $15,000 $63,700
2015 $1,566 $78,700 $15,000 $63,700
2014 $1,566 $78,700 $15,000 $63,700
2013 -- $78,700 $15,000 $63,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1257141

East Tennessee REALTORS® MLS

APN: 113D-A-054.00