NOT LISTED FOR SALE

Estimated Value: $1,244,364 - $1,878,000

5 Beds
5.5 Baths
4,084 Sq Ft
$377/Sq Ft Est. Value

Last Sold July 20, 2017

Last sale price $920,000 $225 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $8,582/month

Highlights

  • Lake Front
  • Landscaped Professionally
  • Chalet
  • Boat Ramp
  • Mountain View
  • Deck

About This Home

As of July 2017

WOW is right! A dream come true! Absolutely one of a kind breathtaking lakefront home. Must see to believe the views of Norris Lake & surrounding mountains. An over 1 ac peninsula gentle to water, w/over 500ft of waterfront in prestigious Sunset Bay. 5691 Russell Bros Rd offers over 4000sqft of quality from top to bottom & home to dock. EVERY detail taken into consideration. Open Floor Plan affords almost every room a Lake view! 5BRea w/own full bath & an addl .5BA on main. Level Lot, easily accessible 3 bay oversize garage, office, bonus room & lots of extra storage where you need it. A veranda w/kitchen & fireplace w/genuine Colorado River Rock, invites you to relax & enjoy! All the perks are near-by, Knoxville, Gatlinburg, Morristown, Woodlake Golf & Lodge. The ''good-life'' awaits! Addl Features/Details for: 5691 Russell Brothers Rd, Sharps Chapel, TN 37866

5BR, 5.5 Bath - Each Bedroom is a Suite, Walk-in closets.
3+ car garage & additional Mud room with Utility Sink & Ice Maker & Storage Area
2x6 Construction, foam & bat insulation (Brummitt - Contractor, Owner Designed home)
Simonton windows and includes both BAT and foam insulation.
Hidden/underground power lines - Master Control, wiring of home in Master BR Closet
Ceiling fans thru out home - all units & lighting on Reostats for controlled lighting
Corning Roof 40yr guarantee shingles
500 Gal Propane Tank (Currently FULL/Bi-County Propane) -
Outdoor grill is hard plumed to LP underground tank
Dryer is Gas, Washer is Electric.
Sunset Bay Development Water Treatment System - Water/Septic: Advantex (www.orenco.com)
(2) Custom Fireplaces:
(Both inside and out) Imported Colorado River Rock
Lined for gas OR natural wood fires.
Outside Patio fireplace area is also wired for Cable TV
Stay comfortable with:
TWO on-demand hot water units controlling hot water throughout
back up generator that can power the entire house (w/the exception of 220 double oven).
A/C in 2 zones as well - 1-10 Ton and 1-3 Ton
Flooring:
Solid 3/4" Hickory hardwoods, (No laminate),
Carpet and tile throughout. Central Vac
Custom Hickory Cabinets - Granite Counter Tops - Throughout
Surround Sound
The home and dock are wired for surround sound,
addl speakers in Great Room, Master BR & Bonus Room above Garage
Custom Stained Concrete:
The stamped concrete (custom stain) patio is perfect for entertaining with cable access and
Custom Stained path to boat dock - Lifetime Dock (Tom Lejune, Lafollette)

Also included in Sale:
24ft Pathfinder, Center Console
2002 Center Hull,
2006 200HP Evinrude - 420 hrs

This property is equipped with security system that monitors doors, motion, and glass breakage.

Homeowner will consider furnishings, negotiable, with some exceptions that are personal items.
Consult listing agent for details of exceptions.

Last Agent to Sell the Property

Debbi Gierat

Lakeside Realty, LLC License #335745 Listed on: 09/15/2016

Last Buyer's Agent

Kathy Hill Braun

The Ferguson Company License #245759

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,435

Year Built

  • Built in 2009

Lot Details

  • 1.03 Acre Lot
  • Lake Front
  • Landscaped Professionally
  • Private Lot

HOA Fees

  • $35 Monthly HOA Fees

Property Views

  • Mountain
  • Seasonal

Home Design

  • Chalet
  • Contemporary Architecture
  • Traditional Architecture
  • Cottage
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 4,084 Sq Ft Home
  • Central Vacuum
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Stone Fireplace
  • Vinyl Clad Windows
  • ENERGY STAR Qualified Doors
  • Living Room
  • Dining Room
  • Home Office
  • Bonus Room
  • Crawl Space

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • Access To Lake
  • Boat Ramp
  • Deck
  • Covered Patio or Porch

Schools

  • H Maynard Middle School
  • Union County High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Power Generator
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Association fees include all amenities
  • Sunset Bay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 040 394.00
  • Tax Block B/580

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,435

Year Built

Built in 2009

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Directions: Take Hwy 33, North Thru Maynardville across bridge. Left on Sharps Chapel Rd. Follow to veer left on Big Valley Rd. (apprx 7 miles) Continue into Sunset Bay, rd turns into Russell Brothers Rd past Lawrence Trail on Right, home on right. SOP
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2009
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 1.03
  • Lot Size: Irregular
  • Subdivision Name: Sunset Bay
  • Architectural Style: Cottage, Contemporary, Chalet, Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Backup Generator, Central Vacuum, Dishwasher, Disposal, Dryer, Gas Grill, Gas Stove, Tankless Wtr Htr, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave, Washer
  • Has Basement: Crawl Space, Crawl Space Sealed
  • Fireplace: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Other, Stone, Wood Burning
  • Fireplaces: 2
  • Flooring: Carpet, Hardwood, Tile, Slate
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Vinyl, Windows - Storm, Patio, Porch - Covered, Prof Landscaped, Deck, Cable Available (TV Only), Boat - Ramp, Doors - Storm, Doors - Energy Star
  • View: Mountain View, Seasonal Lake View, Seasonal Mountain
  • Lot Features: Waterfront Access, Private, Lakefront, Lake Access
  • Construction Type: Fiber Cement, Stone, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, Side/Rear Entry, Main Level

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Forced Air, Heat Pump
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 420.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Fee Information

  • Association Fee Includes: All Amenities

Schools

  • High School: Union County
  • Middle Or Junior School: H Maynard

Lot Info

  • Lot Size Sq Ft: 44867.0
  • Parcel #: 040 394.00
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Block: B/580

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2016
Closed on
Jul 17, 2017
Sold by
Laware John Kevin
Bought by
Mir Salimi Mojtaba and Mir Salimi Lynne E
Seller's Agent
Debbi Gierat
Lakeside Realty, LLC
Buyer's Agent
Kathy Hill Braun
The Ferguson Company
Sold Price
$920,000
Current Estimated Value
$1,540,841

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,841
Avg. Annual Appreciation
6.45%
Original Mortgage
$690,000
Outstanding Balance
$559,544
Interest Rate
3.05%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$981,297

Purchase Details

Closed on
Apr 24, 2006
Sold by
Croce Giambanco
Bought by
Kevin Laware John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.28%
Mortgage Type
Cash

Purchase Details

Closed on
Nov 15, 2004
Bought by
Giambanco Croce Giambanco Bonnie Lee
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 Buyer Sale Price Title Company
Mir Salimi Mojtaba $920,000 None Available
Mir Salimi Mojtaba $920,000 None Available
Kevin Laware John $350,000 --
Kevin Laware John $350,000 --
Giambanco Croce Giambanco Bonnie Lee $277,400 --
Giambanco Croce Giambanco Bonnie Lee $277,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mir Salimi Mojtaba $690,000
Closed Mir Salimi Mojtaba $690,000
Previous Owner Giambanco Croce Giambanco Bonnie Lee $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2017 07/20/17 Sold $920,000 -- $225 / 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
2024 $4,435 $233,425 $62,500 $170,925
2023 $4,435 $233,425 $62,500 $170,925
2022 $3,711 $233,425 $62,500 $170,925
2021 $4,094 $191,300 $62,500 $128,800
2020 $4,094 $191,300 $62,500 $128,800
2019 $4,094 $191,300 $62,500 $128,800
2018 $4,094 $191,300 $62,500 $128,800
2017 $4,094 $191,300 $62,500 $128,800
2016 $3,876 $178,625 $83,750 $94,875
2015 $3,876 $178,625 $83,750 $94,875
2014 $3,197 $178,635 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 978727

East Tennessee REALTORS® MLS

APN: 040-394.00