NOT LISTED FOR SALE

8 Laurel Place Norris, TN 37828

Estimated Value: $125,049 - $161,000

4.09 Acres
$35,130 Price per Acre
178,160 Sq Ft Lot

Last Sold August 12, 2021

Last sale price $97,500

Est. 45% increase in value since last sale

Current estimated payment $825/month

7 Days on Market

Highlights

  • 4.09 Acre Lot
  • Wooded Lot
  • Lot Has A Rolling Slope
  • Countryside Views
  • Cul-De-Sac

About This Lot

As of August 2021

One of the last mini farms in Norris is waiting for you! Enjoy all the sidewalks for your daily walk or run. The watershed is just down the street with acres and acres of walking, biking and horse trails. Norris Lake and the clinch river are within 10 minutes. You can be in Knoxville in 20 minutes. The property lays nice with pasture and trees. There is a TVA easement that does restrict where you build on approx. 1 of the 4.09 acres.

Last Agent to Sell the Property

Jackie Desmarais

Norris Real Estate Group, LLC License #285898 Listed on: 06/02/2021

Last Buyer's Agent

Julie Zittnan

Crye-Leike Realtors South, Inc. License #350923

Crye-Leike Realtors South, Inc.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $435

Lot Details

  • 4.09 Acre Lot
  • Cul-De-Sac
  • Lot Has A Rolling Slope
  • Wooded Lot
  • Finished Lot(s)
  • Zoning described as Zoned Residential

Property Views

  • Countryside Views
  • Forest Views

Community Details

  • Joseph Ottaviano Subdivision

Listing and Financial Details

  • Assessor Parcel Number 031.043.00

Property Details

Property Type

Land

Est. Annual Taxes

$435

Lot Details

0

Listing Details

  • Directions: I-75 North to exit 122 Clinton/Norris. Right on Hwy 61. Left at the first light into Norris. Right on Dairy Pond. Left on Laurel Place. Property on left.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 4.09
  • Lot Size: 4.09 acres
  • Subdivision Name: Joseph Ottaviano
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Country Setting, Wooded
  • Lot Features: Cul-De-Sac, Rolling, Wooded
  • Topography: {"Partially Cleared":true,"Level":true}

Lot Info

  • Lot Size Sq Ft: 178160.0
  • Parcel #: 031.043.00
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 435.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2021
Closed on
Aug 12, 2021
Sold by
Billy Graham Evangellstic Association
Bought by
Hubbs Robert Lee and Sasser Alice Wellborn
Seller's Agent
Jackie Desmarais
Norris Real Estate Group, LLC
Buyer's Agent
Julie Zittnan
Crye-Leike Realtors South, Inc.
Sold Price
$97,500
Current Estimated Value
$141,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,994
Original Mortgage
$67,000
Outstanding Balance
$62,479
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2017
Sold by
Ottaviano Joseph N
Bought by
Billy Graham Evangelistic Association

Purchase Details

Closed on
May 17, 1999
Sold by
Hamlin John Paul
Bought by
Ottaviano Joseph N
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hubbs Robert Lee $97,500 Realty Title & Closing Servi
Billy Graham Evangelistic Association $97,800 None Available
Ottaviano Joseph N $44,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hubbs Robert Lee $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2021 08/12/21 Sold $97,500 -- --
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 $643 $24,450 $24,450 --
2023 $643 $24,450 $0 $0
2022 $1,020 $24,450 $24,450 $0
2021 $1,020 $24,450 $24,450 $0
2020 $1,091 $24,450 $24,450 $0
2019 $1,142 $24,450 $24,450 $0
2018 $1,091 $24,450 $24,450 $0
2017 $1,091 $24,450 $24,450 $0
2016 $1,091 $24,450 $24,450 $0
2015 -- $24,450 $24,450 $0
2014 -- $24,450 $24,450 $0
2013 -- $21,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1155114

East Tennessee REALTORS® MLS

APN: 031-043.00