Seller's Agent in 2023
Marti Smith
Norris Lake Realty
(865) 617-6222
28 in this area
74 Total Sales
754 Waterfront Tr Lafollette, TN 37766
Estimated Value: $664,000 - $1,182,961
6
Beds
6
Baths
2,796
Sq Ft
$332/Sq Ft
Est. Value
Highlights
- Boat Ramp
- Access To Lake
- Gated Community
- Docks
- Spa
- Lake View
About This Home
As of November 2023Welcome home to your paradise on Norris Lake! Whether you are looking for a permanent home or vacation rental investment opportunity, this home has it all! This home has excellent established rental history and income since 2017 with a gross income of $130,000/year.
Loaded with tons of upgrades! Features a gourmet kitchen with 2 refrigerators, 2 dishwashers, 2 ovens, gas cooktop plus built in ice machine. Home has tankless hot water heater. Propane gas for water heater, grill, and gas cooktop. Gather around the table that seats 16 with additional 6 seats at the kitchen island plus outdoor seating to accommodate large groups. This home features 6 bedrooms - master on main, 6 baths, 2 full decks the length of the house overlooking the water, plus hot tub. Upper deck has built in speakers. Lots of room to play, including an area for corn hole and a dock with swim platform & slide, plus large flagstone firepit where you can gather for smores on those cozy fall evenings. Home has 10 ft concrete deeded lakefront access down where your private dock sits in the community harbor. Ride your golf cart to the water - with parking space provided near dock for golf carts. Home comes furnished, including the toys on the dock. Located in a gated community with an on site year round community property manager. Golf Cart does not convey.
Last Agent to Sell the Property
Norris Lake Realty License #270195 Listed on: 08/07/2023
Last Buyer's Agent
SHARON NORSWORTHY
K W Cleveland
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,268
Year Built
- Built in 2018
Lot Details
- 0.48 Acre Lot
- Lot Dimensions are 75x259x89x265
- Waterfront
- Wooded Lot
HOA Fees
- $75 Monthly HOA Fees
Parking
- No Garage
Home Design
- Traditional Architecture
- Cottage
- Frame Construction
Interior Spaces
- 2,796 Sq Ft Home
- Cathedral Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Insulated Windows
- Drapes & Rods
- Great Room
- Carpet
- Lake Views
- Finished Basement
- Recreation or Family Area in Basement
Kitchen
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 6 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- 6 Full Bathrooms
Laundry
- Laundry Room
- Washer and Dryer Hookup
Outdoor Features
- Spa
- Access To Lake
- Docks
- Deck
- Outdoor Gas Grill
Schools
- La Follette Middle School
- Campbell County Comprehensive High School
Utilities
- Central Heating and Cooling System
- Heating System Uses Propane
- Heat Pump System
- Tankless Water Heater
- Septic Tank
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 096A A 016.05
Community Details
Overview
- Association fees include sewer, security, grounds maintenance
- Lakeside Estates Subdivision
- Mandatory home owners association
- On-Site Maintenance
- Community Lake
Recreation
- Boat Ramp
- Community Pool
Security
- Security Service
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 7, 2023
Closed on
Nov 17, 2023
Sold by
Mary Robert J and Mary Beth
Bought by
Van Dam Vacation Properties Llc
Seller's Agent
Marti Smith
Norris Lake Realty
Buyer's Agent
Marti Smith
Norris Lake Realty
List Price
$990,000
Sold Price
$955,000
Premium/Discount to List
-$35,000
-3.54%
Views
54
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,010
Avg. Annual Appreciation
5.15%
Purchase Details
Closed on
Jan 14, 2020
Sold by
Comfort Robert J and Comfort Mary Beth
Bought by
Comfort Robert J and Comfort Mary Beth
Purchase Details
Closed on
Oct 11, 2016
Sold by
Trimbach Development Llc
Bought by
Comfort Robert J Mary Beth
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,336
Interest Rate
3.5%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Van Dam Vacation Properties Llc | $955,000 | None Listed On Document | |
| Comfort Robert J | -- | None Available | |
| Comfort Robert J Mary Beth | $50,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Comfort Robert J | $290,000 | |
| Previous Owner | Comfort Robert J | $320,336 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2023 11/17/23 | Sold | $955,000 | -3.5% | $342 / Sq Ft |
| 09/08/2023 09/08/23 | Pending | -- | -- | -- |
| 08/07/2023 08/07/23 | For Sale | $990,000 | -- | $354 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Tax History Compared to Growth
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 | $2,268 | $186,550 | $14,975 | $171,575 |
| 2023 | $1,895 | $91,725 | $12,500 | $79,225 |
| 2022 | $1,895 | $91,725 | $12,500 | $79,225 |
| 2021 | $1,895 | $91,725 | $12,500 | $79,225 |
| 2020 | $1,857 | $91,725 | $12,500 | $79,225 |
| 2019 | $1,895 | $91,725 | $12,500 | $79,225 |
| 2018 | $197 | $8,750 | $8,750 | $0 |
| 2017 | $197 | $8,750 | $8,750 | $0 |
| 2016 | $197 | $8,750 | $8,750 | $0 |
| 2015 | $174 | $8,750 | $8,750 | $0 |
| 2014 | -- | $8,750 | $8,750 | $0 |
| 2013 | -- | $8,750 | $8,750 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Marti Smith
-
S
Buyer's Agent in 2023
SHARON NORSWORTHY
K W Cleveland
Map
Source: East Tennessee REALTORS® MLS
MLS Number: 1235792
APN: 096A-A-016.05
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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