$250,000
SOLD AUG 27, 2024

738 Cape Norris Rd New Tazewell, TN 37825

3 Beds
2 Baths
1,459 Sq Ft
0.38 Acres

Recently Sold

$171 Per Sq Ft

11% Below List Price

Highlights

  • Lake Front
  • Traditional Architecture
  • Sun or Florida Room
  • Wooded Lot
  • Bonus Room
  • No HOA

About This Home

As of December 2024

LAKEFRONT PROPERTY LOCATED IN POPULAR CAPE NORRIS IN NEW TAZEWELL TN! WELCOME TO THE PRISTINE WATERS OF NORRIS LAKE! SURROUNDED BY 3 MAJOR BOAT DOCKS AND A FREE LAUNCH...THIS HOME IS NEED OF SOME TLC BUT HOLDS HUGE POTENTIAL FOR A FUTURE BUYER!

Last Agent to Sell the Property

Debbie Fields

Realty Group License #298030 Listed on: 08/14/2024

Last Buyer's Agent

Debbie Fields

Realty Group License #298030 Listed on: 08/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,403

Year Built

  • Built in 1976

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 175x101
  • Lake Front
  • Irregular Lot
  • Wooded Lot

Parking

  • Side or Rear Entrance to Parking

Property Views

  • Lake
  • Mountain
  • Countryside Views

Home Design

  • Traditional Architecture
  • Block Foundation
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 1,459 Sq Ft Home
  • Wood Burning Fireplace
  • Brick Fireplace
  • Bonus Room
  • Sun or Florida Room
  • Storage
  • Basement
  • Recreation or Family Area in Basement

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Schools

  • Midway Middle School
  • Claiborne County High School

Utilities

  • Zoned Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Cape Norris 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 131A A 002.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,403

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Directions: HWY 33 TO NEW TAZEWELL TO CAPE NORRIS ROAD...FOLLOW CAPE NORRIS ROAD TO HOME ON RIGHT...SOP....
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1976
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 0.38
  • Lot Size: 175X101
  • Subdivision Name: CAPE NORRIS 4
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Wooded: Yes
  • View:Mountain View: Yes
  • General Property Description:Lot Size SqFt: 16553.0
  • Lot Description:Irregular Lot: 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: 912.0
  • General Property Description:SqFt - Down Lvl: 912.0
  • General Property Description:SqFt - 2nd Flr Lvl: 912.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: Slab
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Other, Brick, Wood Burning
  • Fireplaces: 1
  • Appliances Range: Yes
  • Other Rooms:LaundryUtility: Yes
  • Fireplace:Wood Burning: Yes
  • Other Rooms:Basement Rec Room: Yes
  • Other Rooms:Sunroom: Yes
  • Basement:Slab: Yes
  • Other Rooms:Split Bedroom: Yes
  • Fireplace:Brick3: Yes

Exterior Features

  • Exterior Features: Cable Available (TV Only)
  • View: Mountain View, Country Setting, Lake
  • Lot Features: Waterfront Access, Lakefront, Wooded, Irregular Lot
  • Construction Type: Block, Frame, Other
  • Construction:Frame: Yes
  • Exterior Features:Cable Available (TV Only): Yes
  • Construction:Block2: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Side/Rear Entry
  • GarageParking:SideRear Entry: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association Fee Frequency: Yearly
  • Association: No

Schools

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

Lot Info

  • Lot Size Sq Ft: 16553.0
  • Parcel #: 131A A 002.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2024
Closed on
Dec 13, 2024
Sold by
Stone Mark
Bought by
Leake Melissa Ann and Shell Charlie L
Seller's Agent
Debbie Fields
Realty Group
Buyer's Agent
Debbie Fields
Realty Group
List Price
$399,900
Sold Price
$375,000
Premium/Discount to List
-$24,900
-6.23%
Views
18
Current Estimated Value
$390,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,279
Avg. Annual Appreciation
0.27%
Original Mortgage
$318,750
Outstanding Balance
$316,197
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
$59,435

Purchase Details

Listed on
Aug 14, 2024
Closed on
Aug 27, 2024
Sold by
Gilbert Willa Dean
Bought by
Stone Mark
Seller's Agent
Debbie Fields
Realty Group
Buyer's Agent
Debbie Fields
Realty Group
List Price
$279,900
Sold Price
$250,000
Premium/Discount to List
-$29,900
-10.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
286.34%

Purchase Details

Closed on
Sep 23, 1980
Bought by
Gilbert Brad and Willa Dean

Purchase Details

Closed on
Jan 2, 1968
Source: Public Records

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Range of Values:

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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 $375,000 Executive Title
Warranty Deed $375,000 Executive Title
Warranty Deed $250,000 None Listed On Document
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,750 Credit Line Revolving
Closed $318,750 Credit Line Revolving
Previous Owner $36,919 Commercial
Previous Owner $81,784 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2024 12/13/24 Sold $375,000 -6.2% $124 / Sq Ft
11/16/2024 11/16/24 Pending -- -- --
11/08/2024 11/08/24 For Sale $399,900 +60.0% $132 / Sq Ft
08/27/2024 08/27/24 Sold $250,000 -10.7% $171 / Sq Ft
08/14/2024 08/14/24 For Sale $279,900 -- $192 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
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 $1,403 $59,950 $25,925 $34,025
2023 $1,403 $59,950 $25,925 $34,025
2022 $1,199 $59,950 $25,925 $34,025
2021 $883 $34,250 $12,225 $22,025
2020 $883 $34,250 $12,225 $22,025
2019 $883 $34,250 $12,225 $22,025
2018 $883 $34,250 $12,225 $22,025
2017 $883 $34,250 $12,225 $22,025
2016 $868 $33,625 $12,225 $21,400
2015 $834 $33,625 $12,225 $21,400
2014 $834 $32,906 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1272915

East Tennessee REALTORS® MLS

APN: 131A-A-002.00