5 months on rocket

506 Cape Norris Rd, New Tazewell, TN, 37825

$499,000

Home List Price

$5,926*

Closing Credit

2 Bedrooms
3 Full Baths
2,400 SqFt
$208/SqFt
House

Location

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506 Cape Norris Rd, New Tazewell$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingCarport, Off-Street Parking
Year Built1968
HeatingHeat Pump, Propane, Electric
CoolingCentral Air
BasementYes
WaterfrontLake Front
FireplaceNone
ViewLake
MLS #1267335
Lot Size0.50 Acres
StatusActive

About 506 Cape Norris Rd

Experience lakefront living in this newly remodeled home on Norris Lake. Featuring 2 bed and 3 full bath, this home offers an open concept design with butcher block countertops, shaker cabinets, shiplap walls, stainless steel appliances, new plumbing and new tankless water heater. Enjoy stunning lake views from the decks and direct water access with a 10x30 new private dock. Ideal for short-term rentals, this home combines modern amenities with tranquil charm. Adjacent lot included! Call today to schedule your private showing!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1968
  • Living Area: 2,400 SqFt

Listing Office:

  • Office Name: ReMax Real Estate Ten
  • Office Phone: (423) 581-8881

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Laminate, Tile
  • Interior: Island in Kitchen, Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake
  • Exterior: Dock

Parking Information:

  • Attached Garage: No
  • Parking: Carport, Off-Street Parking

Virtual/3D Tour

  • 3D Tour: 506 Cape Norris Rd
3D Tour

Lot Features

Lot Information:

  • Lot: Waterfront
  • Lot Size: 0.50 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: From TN-33 Turn onto Cape Norris Rd, Home will be on the right. GPS friendly. Sign on the property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $208/SqFt

Tax Information:

  • Annual Amount: $700
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in New Tazewell, TN.

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New Tazewell, TN

City

Med. Sold Price

$266.5K

Med. Price/SqFt

$170

Avg. Days On Market

146

# of Sold Homes

2

506 Cape Norris Rd vs New Tazewell

152 DAYS ON ROCKET

+6 Days

$499,000

+$232.5K More

$208/SqFt

+$37 More

KEY TAKEAWAY

This property is $232.5K more than the Median Sold Price and $37/SqFt more than other homes in New Tazewell, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1267335

Listing Office:

  • Office Name: ReMax Real Estate Ten
  • Office Phone: (423) 581-8881

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: 11/23/2024, 12:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$700$27,150
2019$700$27,150
2018$700$27,150
2017$718$27,150

History based on county public records data.

Payment Calculator

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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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-876483
6
/10

  • Tazewell-New Tazewell Elementary School

  • 501 Davis Dr

  • 8.60 miles

  • Public District Grades KG-4

school-card-donut-876484
6
/10

  • Joppa Elementary School

  • 4745 Rutledge Pike

  • 10.65 miles

  • Public District Grades PK-6

school-card-donut-876485
6
/10

  • Luttrell Elementary School

  • 241 Tazewell Pike

  • 11.84 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 $33,519. Typical income of New Tazewell, TN residents is less than $35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 Cape Norris Rd

What is the listing price of this property?

The listing price of 506 Cape Norris Rd property is $499,000.

What type of property is this?

The property 506 Cape Norris Rd is a house located in New Tazewell, Tennessee, 37825.

Is this property for sale now?

Active Listing: 506 Cape Norris Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $700 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 506 Cape Norris Rd has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 506 Cape Norris Rd is 2,400 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 Cape Norris Rd is 1968.

Rocket Homes›Tennessee›Claiborne County›New Tazewell›37825›506 Cape Norris Rd

This home is located at 506 Cape Norris Rd in New Tazewell, TN and zip code 37825. This 2,400 square foot home, which was built in 1968, sits on a 0.50 acre lot. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 24, 2024 and is currently priced at $499,000.

In October 2024, from all listings sold in New Tazewell, TN there were more than 1 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price. In October 2024 in New Tazewell, TN there were 6.5% less homes for sale than in September 2024. In October 2024 median list price was $266,500 and the average listing age was 146 days.

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

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