NOT LISTED FOR SALE

656 E Norris Point Rd La Follette, TN 37766

Estimated Value: $1,263,000 - $1,451,831

4 Beds
3 Baths
3,990 Sq Ft
$336/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $1,200,000 $301 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,400/month

45 Days on Market

Highlights

  • Lake Front
  • Landscaped Professionally
  • Traditional Architecture
  • RV Garage
  • Deck
  • Wood Flooring

About This Home

As of September 2022

Rare find!!! Flat land and Norris Lake typically don't go together but this property is a must see. Absolutely no steps and gorgeous views from every window. Wake up to lake views looking right back at you. Located within the Norris Point community, some of your closest marinas are Powell Valley, Flat Hollow, Springs, and Deerfield..all around a 10 minute boat ride. This home is exceptional for multiple/large families to enjoy. Open concept living+dining+kitchen. Large windows in every room to maximize the lake views. Master bedrooms on each level. Every bedroom has access decks. The lower floor has a bonus room that is currently being used as a bunk room. Home comes with a double slip dock plus hydro-lifts for each slip. 26a can be transferred to new owners. Detached garage sits across the street and is large enough for multiple boats-large and small bays perfect for the wave runners and fishing/pontoon boats, a workshop, storage..even possible mother in law suite with a little work since there is a fully functioning bathroom and kitchen set up already in place. Everything in this home has already been thought of for you. Even down to the extra laundry room downstairs for wet lake clothes and towels. Every detail is taken care of. Home comes fully furnished ready to enjoy or rent including the lake toys and new cushions for the outside furniture. You don't want to wait on this one. This opportunity to own this rare gem of a lake front property won't come around again for a while.

Last Agent to Sell the Property

Bethany Fritts

Ridge Real Estate LLC Listed on: 06/24/2022

Last Buyer's Agent

Melvin Brandenburg

Ridge Real Estate LLC License #360670

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,418

Year Built

  • Built in 1999

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x251.69
  • Lake Front
  • Landscaped Professionally

Home Design

  • Traditional Architecture
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 3,990 Sq Ft Home
  • Central Vacuum
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Stone Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Dryer
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener
  • Off-Street Parking
  • RV Garage

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Separate Outdoor Workshop

Utilities

  • Central Heating and Cooling System
  • TV Antenna

Community Details

  • Norris Point Sec 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 082D A 057.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,418

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Directions: From I-75 North, take exit 134 towards LaFollette on Hwy 63 for approximately 15 miles. Make a right on to Frontier Rd. In about a half mile, make a right on to Clawson Rd and then left onto Bethlehem Rd. for approximately 3.5 miles. Make a right on to Lynch Hollow Rd (approx. 1 mile). Bear left on to E. Norris Point. The home sits on the left and the detached garage sits on your right approximately a mile out.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1999
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.3
  • Lot Size: 100x251.69
  • Subdivision Name: Norris Point Sec 4
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Other, Stone, Insert
  • Fireplaces: 2
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: TV Antenna, Windows - Vinyl, Patio, Prof Landscaped, Deck, Balcony
  • Lot Features: Waterfront Access, Lakefront
  • Construction Type: Stone, Vinyl Siding
  • Other Structures: Workshop

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: RV Garage, Garage Door Opener, Attached, Detached, RV Parking, Side/Rear Entry, Main Level, Off-Street Parking

Utilities

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

Lot Info

  • Lot Size Sq Ft: 13.17
  • Parcel #: 082D A 057.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Sep 9, 2022
Sold by
Chatfield William and Chatfield Nancy
Bought by
Morris Michael and Morris Julie
Seller's Agent
Bethany Fritts
Ridge Real Estate LLC
Buyer's Agent
Melvin Brandenburg
Ridge Real Estate LLC
List Price
$1,450,000
Sold Price
$1,200,000
Premium/Discount to List
-$250,000
-17.24%
Current Estimated Value
$1,341,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,958
Avg. Annual Appreciation
3.67%
Original Mortgage
$960,000
Outstanding Balance
$917,534
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$424,424

Purchase Details

Closed on
Sep 30, 2015
Sold by
Mcwhorter Judith
Bought by
Chatfield William and Chatfield Nancy

Purchase Details

Closed on
Nov 29, 1995
Sold by
Meacham Milton A
Bought by
Mcwhorter Judith

Purchase Details

Closed on
Aug 16, 1994
Bought by
Gary Warren and Gilbert Beverly Jean
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
Morris Michael $1,200,000 None Listed On Document
Chatfield William $700,000 --
Mcwhorter Judith $54,000 --
Gary Warren $48,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Michael $960,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2022 09/09/22 Sold $1,200,000 0.0% $301 / Sq Ft
08/05/2022 08/05/22 Price Changed $1,200,000 -17.2% $301 / Sq Ft
06/24/2022 06/24/22 For Sale $1,450,000 -- $363 / 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 $3,418 $281,175 $57,625 $223,550
2023 $3,234 $156,525 $35,000 $121,525
2022 $3,234 $156,525 $35,000 $121,525
2021 $3,234 $156,525 $35,000 $121,525
2020 $3,169 $156,525 $35,000 $121,525
2019 $3,234 $156,525 $35,000 $121,525
2018 $3,040 $135,125 $27,500 $107,625
2017 $3,040 $135,125 $27,500 $107,625
2016 $3,040 $135,125 $27,500 $107,625
2015 $2,627 $132,025 $27,500 $104,525
2014 -- $132,025 $27,500 $104,525
2013 -- $164,875 $27,500 $137,375
Source: Public Records

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1196738

East Tennessee REALTORS® MLS

APN: 082D-A-057.00