4 months on rocket

107 Rainbow Ln, Lafollette, TN, 37766

$259,900

Home List Price

$3,086*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,792 SqFt
$145/SqFt
House

Location

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107 Rainbow Ln, La Follette$259,900

Buyer Closing Credits

$3,086*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Basement, Side/Rear Entry, Main Level, Other
Garage2 spaces
Year Built1983
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceGas
MLS #1273061
Lot Size0.32 Acres
StatusActive

About 107 Rainbow Ln

Are you looking to get in a Norris Lake neighborhood without breaking the bank? Here is your chance. This home is located a short walk or ride to Norris Lake. This sprawling home needs a little TLC but, with a little work, will shine like the gem it is. Perfect for your primary residence or has so much potential for a vacation home/vacation rental. Home boasts 2 garages, both are 2-car oversized. One is on the main level and the other is in the Lower Level. Plenty of room for all of your toys! Lovely, screened breezeway between the house and Garage. Private back yard. Call today for your personal showing. All information and measurements to be verified by buyer and/or agent.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1983
  • Living Area: 1,792 SqFt

Listing Office:

  • Office Name: Ayers Auction and Real Estate
  • Office Phone: (423) 562-4941

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Carpet, Vinyl, Tile
  • Interior: Eat-in Kitchen
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch - Screened

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage Door Opener, Basement, Side/Rear Entry, Main Level, Other

Lot Features

Lot Information:

  • Lot: Wooded, Irregular Lot
  • Lot Size: 0.32 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: Take Exit 134 from Interstate 75 toward LaFollette. Turn right onto Hunter's Branch Road. Turn right onto Demory Rd. 5.7 miles. Slight right onto Grantsboro Rd. 1.8 miles. Continue straight onto Rainbow View Rd. 0.3 miles. Turn right onto Rainbow Lane. Property on left. Sign on property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $259,900
  • Price Per SqFt: $145/SqFt
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Housing Market Comparison

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

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La Follette, TN

City

Med. Sold Price

$260K

Med. Price/SqFt

$176

Avg. Days On Market

69

# of Sold Homes

13

107 Rainbow Ln vs La Follette

129 DAYS ON ROCKET

+60 Days

$259,900

-$100 Less

$145/SqFt

-$32 Less

KEY TAKEAWAY

This property is $100 less than the Median Sold Price and $32/SqFt less than other homes 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: #1273061

Listing Office:

  • Office Name: Ayers Auction and Real Estate
  • Office Phone: (423) 562-4941

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: 12/22/2024, 7:21:07 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-1057993
4
/10

  • LaFollette Elementary School

  • 195 Myers Ln

  • 6.67 miles

  • Public District Grades PK-5

school-card-donut-1057994
7
/10

  • Jacksboro Elementary School

  • 164 Jacksboro Elem School Rd

  • 7.02 miles

  • Public District Grades PK-6

school-card-donut-1057995
7
/10

  • Norris Elementary School

  • 42 E Circle Rd

  • 7.36 miles

  • Public District Grades PK-5

All data from GreatSchools

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. Most families are married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 107 Rainbow Ln

What is the listing price of this property?

The listing price of 107 Rainbow Ln property is $259,900.

What type of property is this?

The property 107 Rainbow Ln is a house located in Lafollette, Tennessee, 37766.

Is this property for sale now?

Active Listing: 107 Rainbow Ln is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 107 Rainbow Ln has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 107 Rainbow Ln is 1,792 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 107 Rainbow Ln is 1983.

Rocket Homes›Tennessee›Campbell County›La Follette›37766›107 Rainbow Ln

This home is located at 107 Rainbow Ln in Lafollette, TN and zip code 37766 in the Rainbow Resort neighborhood. This 1,792 square foot home, which was built in 1983, sits on a 0.32 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $259,900.

La Follette, TN housing market in November 2024 saw over 5 listings sold above listed price, more than 1 sold at listed price and over 7 sold below. While the average time on the market in November 2024 was 69 days, the median list price was $260,000.

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

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