NOT LISTED FOR SALE

Louisville, TN 37777

Estimated Value: $920,000 - $5,026,000

4 Beds
3.5 Baths
7,460 Sq Ft
$396/Sq Ft Est. Value

Last Sold September 14, 2020

Last sale price $1,400,000 $188 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $17,000/month

3 Days on Market

Highlights

  • Lake Front
  • Docks
  • Barn
  • Middle Settlements Elementary School Rated A-
  • Guest House
  • 16.53 Acre Lot

About This Home

As of September 2020

Spectacular property features more than 700' of water frontage overlooking the main channel of Fort Loudon Lake & an incredible amount of privacy on 16.5 acres. The colonial house was built in 1991 & offers lake vies from multiple rooms. A gorgeous porch wraps around the entire main level of the house w/ upstairs porch off the master b/r. The huge master b/r overlooks the lake & includes a gas fireplace. Looking for space to entertain, this house has it. A 2nd floor HVAC system installed in '19, and new fireplace and water heater. The huge garage holds 4 cars w/ two 16' doors. Finished basement w/ rec room, gym & storage. The guest house – approximately 2,600 sf - was completely renovated in 2019 and features 4 bedrooms, 3 full baths, office, kitchen and living room. A new septic system &water heater was put in in 2019. Move-in ready as everything is new. Both houses have electronic door locks. The dock features 3 boat slips, 2 jet ski slips and storage. The owner has cleared the waterfront area and installed riprap on the shoreline. Electricity has recently been run to the barn. Adjoining 6.39 acres available as well. Owner is offering a $7,500 flooring allowance to repair / stain floors in dining room and master bedroom. Buyer to verify square footage.

The property is identified as Tract 1 and 2 on the survey in documents. There is an additional 15 acres that adjoins this property that is for sale.

Last Agent to Sell the Property

Wes Cate

Furrow Strickland Real Estate Services License #335648 Listed on: 08/21/2020

Last Buyer's Agent

Wes Cate

Furrow Strickland Real Estate Services License #335648 Listed on: 08/21/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,643

Year Built

  • Built in 1990

Lot Details

  • 16.53 Acre Lot
  • Lake Front
  • Landscaped Professionally
  • Private Lot

Parking

  • 4 Car Attached Garage
  • Basement Garage

Home Design

  • Colonial Architecture
  • Traditional Architecture
  • Frame Construction
  • Wood Siding

Interior Spaces

  • 7,460 Sq Ft Home
  • Central Vacuum
  • 2 Fireplaces
  • Gas Log Fireplace
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Bonus Room
  • Screened Porch
  • Storage Room
  • Lake Views
  • Finished Basement
  • Recreation or Family Area in Basement

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Access To Lake
  • Docks
  • Balcony
  • Gazebo

Schools

  • Union Grove Middle School
  • William Blount High School

Utilities

  • Zoned Heating and Cooling System
  • Geothermal Heating and Cooling
  • Septic Tank

Additional Features

  • Guest House
  • Barn

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 033 001.02

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,643

Year Built

Built in 1990

Lot Details

0

Parking

4

Listing Details

  • Directions: From Pellissippi Parkway, take the Topside Rd Exit (Exit 9) and travel west on Topside road for 3 miles. Topside Road will dead end into Louisville Road. Turn right onto Louisville Road. Travel 5 miles and turn right onto Ralph Phelps Road. Travel 1.7 miles and turn left onto Lowes Ferry Rd. Travel .6 miles and turn right onto private driveway. The driveway is the immediately after 4450 Lowes Ferry Road. Follow the driveway and take a left at the split. Sign on property.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1990
  • Lot Size Acres: 16.53
  • Architectural Style: Colonial, Traditional
  • Property Attached Yn: No
  • Lot Description:Lake Access: Yes
  • Lot Description:Lakefront: Yes
  • Lot Description:Waterfront Access: Yes
  • View:Lake: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2747.0
  • General Property Description:SqFt - Down Lvl: 2747.0
  • General Property Description:SqFt - 2nd Flr Lvl: 2453.0
  • General Property Description:_pound_ Fireplace: 2.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Lot Description:Private: Yes
  • Percent Basement Finished: Yes
  • Floors:Tile2: Yes
  • Dining Area:Formal Dining Area: Yes
  • Siding:Wood2: Yes
  • Dining Area:Breakfast Room2: Yes
  • Misc Features:Whirlpool Tub: Yes
  • Outbuildings:Barn: Yes
  • Outbuildings:Guest House: Yes
  • Outbuildings:Gazebo: Yes
  • Floors:Marble: Yes
  • Special Features: None

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Microwave
  • Has Basement: Finished
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Flooring: Marble, Hardwood, Tile
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Basement Rec Room: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Misc Features:Island in Kitchen: Yes
  • Appliances:Central Vacuum: Yes

Exterior Features

  • Exterior Features: Porch - Covered, Porch - Screened, Prof Landscaped, Balcony, Dock
  • View: Lake
  • Lot Features: Waterfront Access, Private, Lakefront, Lake Access
  • Construction Type: Wood Siding, Frame
  • Other Structures: Gazebo, Barn(s), Guest House
  • Construction:Frame: Yes
  • Exterior Features:Porch - Screened: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Prof Landscaped: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Dock: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 4.0
  • Attached Garage: Yes
  • Garage Spaces: 4.0
  • Parking Features: Attached, Basement
  • GarageParking:Attached2: Yes
  • GarageParking:Basement4: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Geo Heat (Closed Lp), Electric
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Amenities: Other
  • Association: Yes

Association/Amenities

  • Community Amenities:Other - See Remarks16: Yes

Schools

  • High School: William Blount
  • Middle Or Junior School: Union Grove

Lot Info

  • Lot Size Sq Ft: 720046.8
  • Parcel #: 033 001.02
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Mar 31, 2021
Sold by
White Thomas B
Bought by
Williams Sean P and Williams Angela C
Seller's Agent
Wes Cate
Furrow Strickland Real Estate Services
Buyer's Agent
Wes Cate
Furrow Strickland Real Estate Services
Sold Price
$310,000
Current Estimated Value
$2,957,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,647,193
Avg. Annual Appreciation
67.16%

Purchase Details

Listed on
Aug 21, 2020
Closed on
Sep 14, 2020
Sold by
White Thomas B
Bought by
Williams Sean P and Williams Angela C
Seller's Agent
Wes Cate
Furrow Strickland Real Estate Services
Buyer's Agent
Wes Cate
Furrow Strickland Real Estate Services
List Price
$1,699,000
Sold Price
$1,400,000
Premium/Discount to List
-$299,000
-17.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-93.87%

Purchase Details

Closed on
Sep 24, 2018
Sold by
Outersky Fran Tr
Bought by
White Thomas B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2004
Bought by
Outersky Fran Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.75%

Purchase Details

Closed on
Aug 25, 1998
Bought by
Shore Samuel E and Fields Janie

Purchase Details

Closed on
Jun 26, 1989
Bought by
Winters Larry N and Winters Katherine A
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
Williams Sean P $310,000 None Listed On Document
Williams Sean P $1,400,000 --
White Thomas B $2,500,000 --
Outersky Fran Tr $1,750,000 --
Shore Samuel E $550,000 --
Winters Larry N $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Sean P $1,990,000
Previous Owner Williams Sean P $1,120,000
Previous Owner White Thomas B $450,000
Previous Owner Winters Larry N $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2020 09/14/20 Sold $1,400,000 -17.6% $188 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $1,699,000 -- $228 / 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 $10,643 $669,375 $119,125 $550,250
2023 $10,063 $669,375 $119,125 $550,250
2022 $12,303 $498,100 $116,875 $381,225
2021 $169 $6,850 $6,850 $0
2020 $9,828 $397,875 $89,675 $308,200
2019 $9,828 $397,875 $89,675 $308,200
2018 $12,133 $491,200 $228,925 $262,275
2017 $12,133 $491,200 $228,925 $262,275
2016 $12,133 $491,200 $228,925 $262,275
2015 $10,561 $491,200 $228,925 $262,275
2014 $11,260 $500,650 $228,925 $271,725
2013 $11,260 $523,725 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2020

    Wes Cate

    Furrow Strickland Real Estate Services

    (865) 521-7500

    3 in this area

    54 Total Sales

    Wes Cate
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Source: East Tennessee REALTORS® MLS

MLS Number: 1127378

East Tennessee REALTORS® MLS

APN: 033-001.02

Tennessee Blount County Louisville

37777

This home since 21 August 2020 and is currently estimated at $2,957,193, approximately $396 per square foot. This property was built in 1990. This home is a home located in Blount County with nearby schools including Middle Settlements Elementary School, Union Grove Middle School, and William Blount High School.

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.

East Tennessee REALTORS® MLS 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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