1 month on rocket

0 Rainbow Cir, Lafollette, TN, 37766

$59,000

0.35 Acres
Land

Location

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Property Highlights

Home TypeOther
WaterfrontOther
ViewLake, Trees/Woods, Other
MLS #1276677
Lot Size0.35 Acres
StatusActive

About 0 Rainbow Cir

This serene 0.35-acre wooded lot on Norris Lake offers privacy at the end of a peaceful cove. With no HOA and minimal restrictions, you have the freedom to create your ideal retreat. The location is perfect— an easy boat ride to Stardust Marina & Sequoyah Marina, AND just a short golf cart ride to the boat launch and boat slips, which can be leased through LifeTime Docks. With potential seasonal lake views with some clearing, it's an ideal spot for relocation, retirement, a second home, or income-producing property.

Property Details

Property Features

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 584-4000

Exterior Features

Exterior Information:

  • Waterfront: Other
  • View: Lake, Trees/Woods, Other

Lot Features

Lot Information:

  • Lot: Private, Rolling/Hilly, Wooded, Irregular Lot, Other
  • Lot Size: 0.35 Acres

Other

Directions Information:

  • Directions: Turn onto Demory Rd In 5.7 miles: Continue onto Grantsboro Rd In 1.3 miles: Turn left onto Grantsboro Rd In 0.5 miles: Take a slight left turn onto Rainbow View Ln In 0.4 miles: Turn left onto Rain Valley Rd/Rainbow Dock Ln In 100 ft: Turn right onto Rainbow Cir. Property is on the left, sign on property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $59,000
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Housing Market Comparison

See how this home compares to others in La Follette, TN.

Med. Sold Price

$260K

Med. Price/SqFt

$176

Avg. Days On Market

46

# of Sold Homes

16

0 Rainbow Cir vs La Follette

59 DAYS ON ROCKET

+13 Days

$59,000

-$201K Less

KEY TAKEAWAY

This property is $201K less than the Median Sold Price in La Follette, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1276677

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 584-4000

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 5:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$362

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$243

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-454169
4
/10
  • LaFollette Elementary School

  • 195 Myers Ln

  • 6.68 miles

  • Public District Grades PK-5

school-card-donut-454170
7
/10
  • Jacksboro Elementary School

  • 164 Jacksboro Elem School Rd

  • 7.22 miles

  • Public District Grades PK-6

school-card-donut-454171
7
/10
  • Norris Elementary School

  • 42 E Circle Rd

  • 7.47 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,518. The majority of La Follette, TN residents have income less than $35k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 0 Rainbow Cir

What is the listing price of this property?

The listing price of 0 Rainbow Cir property is $59,000.

What type of property is this?

The property 0 Rainbow Cir is land located in Lafollette, Tennessee, 37766.

Is this property for sale now?

Active Listing: 0 Rainbow Cir is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 0 Rainbow Cir is 0.35 acres.
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Rocket HomesTennesseeCampbell CountyLa Follette377660 Rainbow Cir

This home is located at 0 Rainbow Cir in Lafollette, TN and zip code 37766 in the Rainbow Resort neighborhood. This home sits on a 0.35 acre lot. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $59,000.

In October 2024, from all listings sold in La Follette, TN there were more than 5 sold above asking price, over 6 sold below and more than 5 were sold right at the asked price. In October 2024 in La Follette, TN there were 2.4% more homes for sale than in September 2024. The median list price of listings available in October 2024 was $260,000, while the average time on the real estate market was 46 days.

From Rocket Homes Real Estate and based on county public records data.

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