NOT LISTED FOR SALE

680 Shanghai Landing Ln La Follette, TN 37766

Estimated Value: $498,000 - $593,000

2 Beds
2.5 Baths
1,440 Sq Ft
$381/Sq Ft Est. Value

Last Sold January 27, 2020

Last sale price $281,000 $195 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,368/month

33 Days on Market

Highlights

  • Lake Front
  • Chalet
  • Wood Flooring
  • Mountain View
  • Deck
  • 1 Fireplace

About This Home

As of January 2020

Panoramic Lake & Mtn Views equate to: Picture Perfect! Beautiful, turn-key, 2BR/2.5BA Norris Lake front Condo #6 at Shanghai Pointe: a small lakefront, private and gated community. Open floor plan ideal for entertaining. Lower level puts you right at Lake's edge! Condo incl deeded slip, jet ski pad & community pool within walking distance of unit. There is a long list of recent improvements and upgrades: hardwood floors, new tile, new carpet, furnishings, accessories & minor renovations. Current owners are using for both personal and vacation rental. It might be possible to have maintenance free Norris Lake Front! Community also has trailer storage area and boat launch. Easy access to town, it's no wonder these units don't come up for sale very often!

Last Agent to Sell the Property

Debbi Gierat

Lakeside Realty, LLC License #335745 Listed on: 09/18/2019

Last Buyer's Agent

Janelle Poland

Gables & Gates, REALTORS License #306661

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,549

Year Built

  • Built in 1990

HOA Fees

  • $234 Monthly HOA Fees

Property Views

  • Mountain
  • Seasonal

Home Design

  • Chalet
  • Traditional Architecture
  • Cottage
  • Cabin

Interior Spaces

  • 1,440 Sq Ft Home
  • 1 Fireplace
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Access To Lake
  • Balcony
  • Deck
  • Covered Patio or Porch

Additional Features

  • Lake Front
  • Zoned Heating and Cooling System

Community Details

  • Association fees include association insurance, trash, sewer, grounds maintenance, water
  • The Point At Shanghai, Norris Lake Subdivision

Listing and Financial Details

  • Assessor Parcel Number 113b A 033.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,549

Year Built

Built in 1990

Lot Details

0

HOA Fees

$234 per month

Listing Details

  • Directions: From 63/Jacksboro, Right on Hunters Branch, Right on Demory Apprx 7.5 miles to Shanghai Pointe Gated Entrance on Left. You will need code to access, Contact Agent for showing. Complex is not visible from Gate.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1990
  • Road Frontage Type: Lakefront
  • Lot Size: Common
  • Subdivision Name: The Point at Shanghai, Norris Lake
  • Architectural Style: Cottage, Cabin, Chalet, Traditional
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Grill, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Has Basement: None
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Pre-Fab
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: Porch - Covered, Deck, Balcony
  • View: Mountain View, Seasonal Lake View, Seasonal Mountain
  • Lot Features: Waterfront Access, Lakefront, Lake Access

Utilities

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

Condo/Co-op/Association

  • Association Fee: 234.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Ins, Trash, Sewer, Grounds Maintenance, Water

Lot Info

  • Parcel #: 113b A 033.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2023
Sold by
Bonney Charles M and Bonney Anna J
Bought by
Helm Skylor Scott
Current Estimated Value
$548,943

Purchase Details

Closed on
Sep 16, 2023
Sold by
Mark And Claudia Farmer Trust
Bought by
Janet A Knoderer Revocable Trust and Knoderer

Purchase Details

Listed on
Sep 18, 2019
Closed on
Jan 24, 2020
Sold by
Morandi Raymond A and Morandi Patricia A
Bought by
Bonney Charles M and Bonney Anna J
Seller's Agent
Debbi Gierat
Lakeside Realty, LLC
Buyer's Agent
Janelle Poland
Gables & Gates, REALTORS
Sold Price
$281,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%
Original Mortgage
$210,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2017
Sold by
Wish List Llc
Bought by
Farmer Mark S and Farmer Claudia O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.96%
Mortgage Type
New Conventional
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
Helm Skylor Scott $465,000 None Listed On Document
Helm Skylor Scott $465,000 None Listed On Document
Janet A Knoderer Revocable Trust -- None Listed On Document
Bonney Charles M $281,000 Superior Title & Escrow Llc
Farmer Mark S $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gartner Family Revocable Trust $390,000
Previous Owner Farmer Mark S $208,500
Previous Owner Bonney Charles M $210,750
Previous Owner Farmer Mark S $220,000
Previous Owner Morandi Raymond A $209,200
Previous Owner Brading Todd $205,500
Previous Owner Kaser Randolph N $227,800
Previous Owner Burnett Kenneth C $125,000
Previous Owner Shirley Eric R $180,000
Previous Owner Shirley Eric R $320,000
Previous Owner Albers Suzanne M $107,000
Previous Owner Eric Shirley $252,000
Previous Owner Kaser Randolph N $241,750
Previous Owner Frank Kenneth W $265,500
Previous Owner Kuzner Robert G $152,000
Previous Owner Burnett Kenneth C $144,000
Previous Owner Barnett Peter C $150,000
Previous Owner Williams Richard W $75,500
Previous Owner Richard Albers $133,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2020 01/27/20 Sold $281,000 -- $195 / 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 $1,549 $127,450 $43,750 $83,700
2023 $1,321 $63,950 $6,250 $57,700
2022 $1,321 $63,950 $6,250 $57,700
2021 $1,321 $63,950 $6,250 $57,700
2020 $1,295 $63,950 $6,250 $57,700
2019 $1,321 $63,950 $6,250 $57,700
2018 $1,117 $49,625 $8,575 $41,050
2017 $1,117 $49,625 $8,575 $41,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1094997

East Tennessee REALTORS® MLS

APN: 007113B A 03300 C016