$41,000
SOLD MAY 30, 2025

533 Garnet Trail New Tazewell, TN 37825

0.71 Acre
$57,746 Price per Acre
30,928 Sq Ft Lot

Recently Sold

59% Below List Price

76 Days on Market

Highlights

  • Boat Dock
  • Wooded Lot
  • Park
  • Lake View
  • Tennis Courts
  • Trails

About This Lot

As of May 2025

Close to Private Marina. Beautiful Lot that backs up to TVA land. Norris Lake is widely recognized for its pristine, clean waters and scenic beauty. Created by the TVA (Tennessee Valley Authority) in the 1930s, it's known as Tennessee's cleanest lake, thanks to its protected environment and careful management. Here's a look at what makes Norris Lake an outstanding place to live: Highlights of Life on Norris Lake 1. Exceptionally Clear and Clean Waters: Known as the cleanest lake in Tennessee, Norris Lake offers some of the clearest waters in the region. This makes it ideal for swimming, snorkeling, and simply enjoying the natural beauty without the murky water often found in other lakes. 2. Incredible Recreation: With over 800 miles of shoreline, Norris Lake is a paradise for water enthusiasts. It's perfect for boating, fishing, paddleboarding, kayaking, and jet-skiing. Bass fishing is a major draw, as the lake is home to large populations of bass, crappie, and other fish species, drawing both local and competitive anglers. 3. Breathtaking Natural Beauty: Surrounded by rolling hills and forests, Norris Lake provides stunning views year-round. In the fall, the colors are vibrant, and spring and summer bring lush greenery. The landscape and crystal-clear water make the lake an appealing escape for nature lovers. 4. Diverse Real Estate Options: Real estate on Norris Lake ranges from lakefront cabins and vacation rentals to luxury estates and private homes with docks. Many communities around the lake offer amenities like marinas, golf courses, and clubhouses. Living on Norris Lake can be surprisingly affordable compared to other lakefront areas, making it accessible for families, retirees, and vacationers alike. 5. Community and Lifestyle: Residents enjoy a relaxed, friendly lifestyle and a tight-knit community vibe. Several lake communities host social events and gatherings, adding to the sense of connection among neighbors. Call Listing Agent for Video & Plat

Last Agent to Sell the Property

John York

LPT Realty LLC Brokerage Phone: 6159723130 License #358667 Listed on: 01/30/2025

LPT Realty LLC

Last Buyer's Agent

NONMLS NONMLS

License #2211

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $229

Lot Details

  • 0.71 Acre Lot
  • Property fronts a county road
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Lake Views

Schools

  • Midway Elementary
  • Claiborne High School

Utilities

  • Underground Utilities
  • Septic Tank

Listing and Financial Details

  • Tax Lot 533
  • Assessor Parcel Number 131B D 02400 000

Community Details

Overview

  • Association fees include ground maintenance, insurance
  • Rock Harbor Subdivision

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Park
  • Trails

Property Details

Property Type

Land

Est. Annual Taxes

$229

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Prop. Type: Land
  • Inclusions: LAND
  • Attribution Contact: 6159723130
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Pool Private: No
  • Road Frontage Type: County Road
  • Road Surface Type: Asphalt
  • Topography: SLOPE,WOOD
  • View: Lake
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: No
  • Utilities: Water Available

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Insurance
  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Amenities: Boat Dock, Gated, Park, Playground, Tennis Court(s), Underground Utilities, Trail(s)
  • Association: Yes

Lot Info

  • Zoning: RES
  • Current Use: Residential
  • Lot Features: Sloped, Wooded
  • Lot Size Acres: 0.71
  • Lot Size Units: Acres
  • Parcel #: 131B D 02400 000

Tax Info

  • Tax Annual Amount: 229
  • Tax Lot: 533

MLS Schools

  • Elementary School: Midway Elementary
  • High School: Claiborne High School
  • Middle Or Junior School: Midway Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2025
Closed on
May 30, 2025
Sold by
Nardone Claire P
Bought by
Lyko Ken and Lyko Sue
Seller's Agent
John York
LPT Realty LLC
Buyer's Agent
NONMLS NONMLS
List Price
$99,900
Sold Price
$41,000
Premium/Discount to List
-$58,900
-58.96%
Views
3

Purchase Details

Closed on
Oct 25, 2007
Sold by
Waterfront Group Inc
Bought by
Leutz David L
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $41,000 Blue Ridge Title
Deed $104,900 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $41,000 -59.0% --
04/16/2025 04/16/25 Pending -- -- --
01/30/2025 01/30/25 For Sale $99,900 -16.1% --
12/04/2024 12/04/24 For Sale $119,000 -- --
Source: Realtracs

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
2024 $233 $9,975 $9,975 $0
2023 $233 $9,975 $9,975 $0
2022 $200 $9,975 $9,975 $0
2021 $193 $7,475 $7,475 $0
2020 $193 $7,475 $7,475 $0
2019 $193 $7,475 $7,475 $0
2018 $193 $7,475 $7,475 $0
2017 $193 $7,475 $7,475 $0
2016 $337 $13,075 $13,075 $0
2015 $324 $13,075 $13,075 $0
2014 $324 $13,084 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2785613

Realtracs

APN: 131B-D-024.00