5 months on rocket

241 Bankwood Ln, Lafollette, TN, 37766

$999,900

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
2,800 SqFt
$357/SqFt
House

Location

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241 Bankwood Ln, La Follette$999,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingAttached
Attached Garage2 spaces
Year Built1990
HeatingForced Air, Heat Pump, Propane
CoolingCentral Air
BasementYes
WaterfrontWater Access, Lake Front
FireplaceOther, See-Thru, Gas Log
ViewLake
MLS #1266323
Lot Size2.01 Acres
StatusActive

About 241 Bankwood Ln

Nestled in the woods on 2+ private acres open, this open plan lakehouse offers 2800+ sqft on 3 levels, close to Sequoiah and Whitman Hollow Marinas in Big Creek. Massive loft + four bdrms including main level master, sleeps up to 22! Natural light in the 2-story great room with floor to ceiling, lake-facing windows and lvp flooring on the main level. Enclosed three season porch off the kitchen/dining area opens to the great room. Master bedroom w/ private walk-out to balcony w/ lakeview & an adjoining newly-renovated bath and first floor laundry room. Waterproofed and remodeled entire lower level, now two full baths there, bunk room and game room, plus the family room. Expanded lakeside deck with hot tub, newer 400 amp elec service, large circle driveway provides ideal for parking 10-12 vehicles, outdoor firepit on the landing, and steps or path to the lakefront dock w/ ladder and single uncovered slip, & room for watercraft on either side. Solid rental history - turn key rental, furnishings negotiable separately. 2nd lakefront house with dock next door also available for $900k!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1990
  • Living Area: 2,800 SqFt

Listing Office:

  • Office Name: Tennessee Home Finders, LLC
  • Office Phone: (423) 494-0084

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Basement: Yes
  • Flooring Type: Laminate, Carpet, Tile
  • Interior: Island in Kitchen, Eat-in Kitchen
  • Fireplace: Other, See-Thru, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Lake Front
  • View: Lake
  • Exterior: Deck, Dock

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached

Virtual/3D Tour

  • 3D Tour: 241 Bankwood Ln
3D Tour

Lot Features

Lot Information:

  • Lot: Waterfront, Corner Lot
  • Lot Size: 2.01 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Heat Pump, Propane
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From Jackboro Pike, turn onto Hunters Branch, then turn right onto Demory. Continue on Demory until you reach the fork with Gransboro. Bear right onto Gransborom then turn right onto Chestnut Stump. Stay on Chestnut Stump until you reach Bankston, then turn left. Bear right at the fork onto Bankhill. Follow to the end, then turn right onto BankwoodSignage marked with rental property name ''Suits Us Fine''

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,900
  • Price Per SqFt: $357/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

46

# of Sold Homes

16

241 Bankwood Ln vs La Follette

154 DAYS ON ROCKET

+108 Days

$999,900

+$739.9K More

$357/SqFt

+$181 More

KEY TAKEAWAY

This property is $739.9K more than the Median Sold Price and $181/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: #1266323

Listing Office:

  • Office Name: Tennessee Home Finders, LLC
  • Office Phone: (423) 494-0084

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, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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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-557938
7
/10

  • Jacksboro Elementary School

  • 164 Jacksboro Elem School Rd

  • 5.16 miles

  • Public District Grades PK-6

school-card-donut-557939
4
/10

  • Lake City Elementary School

  • 402 Lindsay Ave

  • 5.52 miles

  • Public District Grades PK-5

school-card-donut-557940
7
/10

  • Norris Elementary School

  • 42 E Circle Rd

  • 6.50 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 $35,696. The most common annual income of people living in La Follette, TN is between $35k-100k. 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 241 Bankwood Ln

What is the listing price of this property?

The listing price of 241 Bankwood Ln property is $999,900.

What type of property is this?

The property 241 Bankwood Ln is a house located in Lafollette, Tennessee, 37766.

Is this property for sale now?

Active Listing: 241 Bankwood 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 241 Bankwood Ln has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 241 Bankwood Ln is 2,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 241 Bankwood Ln is 1990.

Rocket Homes›Tennessee›Campbell County›La Follette›37766›241 Bankwood Ln

This home is located at 241 Bankwood Ln in Lafollette, TN and zip code 37766 in the Big Creek neighborhood. This 2,800 square foot home, which was built in 1990, sits on a 2.01 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $999,900.

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. The number of listings in La Follette, TN increased by 2.4% between September 2024 and October 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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