3 months on rocket

1386 Alder Springs Rd, Lafollette, TN, 37766

$725,000

Home List Price

$8,609*

Closing Credit

3 Bedrooms
2 Full Baths
1,440 SqFt
$503/SqFt
House

Location

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1386 Alder Springs Rd, La Follette$725,000

Buyer Closing Credits

$8,609*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingAttached, Carport, Main Level, Off-Street Parking
Attached Garage1 space
Year Built1968
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
BasementYes
WaterfrontWater Access, Lake Front
FireplaceNone
ViewMountain(s), Lake
MLS #1274638
Lot Size0.58 Acres
StatusActive

About 1386 Alder Springs Rd

Looking for Lakefront with good water and a floating covered dock? Don't let this one slip by. This home has been updated and includes new LVP flooring throughout. Cable railing on both levels of decking that will allow you to enjoy the unobstructed views of beautiful Norris Lake as well as the mountains. With over 170 feet of shoreline and owning all the way to the 1020' this property offers all you need to be happy Norris Lakefront owners. This quaint cottage offers 3 bedrooms, 2 full baths, kitchen/dining room combination and a large living room for all your friends and family to gather in. The main level has the kitchen/dining and living room plus a full bathroom. On the lower level, you will find the master bedroom with a shared en suite bath and 2 additional bedrooms as well as the laundry room. The entry area leads to the back covered lower porch or you can enjoy yet more views of Norris Lake. Exit the lower level and go down 55 steps to the water and relax on the floating covered dock or take in some sun on the attached composite swim platform. There's also a jet ski port on the left side of the dock. On the way down you will find a sitting area and closer to the water you will see the fire pit area to just sit back and take in all that Norris Lake has to offer. There is plenty of parking and a carport area with a large storage closet running the full length of the carport. Home is located minutes from a TWRA boat launch and just around the corner is Springs Dock. This home is tastefully decorated, comes fully furnished and is ready for you and your guests to enjoy. Home is currently on a rental program. Come see it today!!! Buyer to verify all information.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1968
  • Living Area: 1,440 SqFt

Listing Office:

  • Office Name: Ridge Real Estate LLC
  • Office Phone: (423) 562-5454

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Grill, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Vinyl
  • Interior: Pantry, Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Lake Front
  • View: Mountain(s), Lake
  • Exterior: Windows - Vinyl, Windows - Insulated, Porch - Covered, Dock

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Carport, Main Level, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Waterfront, Irregular Lot, Rolling/Hilly
  • Lot Size: 0.58 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From I-75 take Exit 134 toward LaFollette. Go through LaFollette and turn right onto S Cumberland Ave. Stay on Cumberland Ave and it will become Long Hollow Rd. Make a slight left in curve onto Cedar Creek Rd. Turn right onto Alder Springs Road. Home will be on the right with sign in yard.

Price Information

Listing Price Info

Price Summary:

  • List Price: $725,000
  • Price Per SqFt: $503/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

1386 Alder Springs Rd vs La Follette

116 DAYS ON ROCKET

+47 Days

$725,000

+$465K More

$503/SqFt

+$326 More

KEY TAKEAWAY

This property is $465K more than the Median Sold Price and $326/SqFt more 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: #1274638

Listing Office:

  • Office Name: Ridge Real Estate LLC
  • Office Phone: (423) 562-5454

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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$3,686

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,240

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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-1054396
6
/10

  • Valley View Elementary School

  • 1187 Old Middlesboro Hwy

  • 5.13 miles

  • Public District Grades PK-5

school-card-donut-1054397
4
/10

  • LaFollette Elementary School

  • 195 Myers Ln

  • 6.78 miles

  • Public District Grades PK-5

school-card-donut-1054398
5
/10

  • Big Ridge Elementary School

  • 3420 Hickory Valley Rd

  • 9.28 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 $31,881. Residents of La Follette, TN typically earn less than $35k each year. Most families are 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 1386 Alder Springs Rd

What is the listing price of this property?

The listing price of 1386 Alder Springs Rd property is $725,000.

What type of property is this?

The property 1386 Alder Springs Rd is a house located in Lafollette, Tennessee, 37766.

Is this property for sale now?

Active Listing: 1386 Alder Springs Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 1386 Alder Springs Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1386 Alder Springs Rd is 1,440 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1386 Alder Springs Rd is 1968.

Rocket Homes›Tennessee›Campbell County›La Follette›37766›1386 Alder Springs Rd

This home is located at 1386 Alder Springs Rd in Lafollette, TN and zip code 37766 in the Fuller Overbay neighborhood. This 1,440 square foot home, which was built in 1968, sits on a 0.58 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $725,000.

While more than 5 listings in La Follette, TN in November 2024 were sold above asking price, there were more than 1 listings sold at asking price, and more than 7 were sold below. In November 2024, listings were on the market for 69 days. During the same period, the median list price in this real estate market was $260,000.

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

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