3 months on rocket

694 Lake Ln, New Tazewell, TN, 37825

$499,000

Home List Price

$5,926*

Closing Credit

3 Bedrooms
3 Full Baths
2,303 SqFt
$217/SqFt
House

Location

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694 Lake Ln, New Tazewell$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingMain Level, Off-Street Parking, Common
Year Built1997
HeatingCentral, Heat Pump, Electric
CoolingCentral Air, Ceiling Fan(s), Window Unit(s)
WaterfrontWater Access, Lake Front
FireplaceFree Standing, Wood Burning
ViewTrees/Woods, Lake
MLS #1271540
Lot Size1.00 Acres
StatusActive

About 694 Lake Ln

Extremely Rare Lake Front home in a Private Cove on Norris Lake! This practically LEVEL Norris Lake Front paradise offers a gradual slope that is drivable to the lake making access to the water easier than most with no steps to climb! The dockable property has an expansive grass filled yard excellent for tents and campfires next to the water! Secluded quiet area with lots of wildlife, perfect for hammocks or outdoor activities. Located on the clinch river side of Norris Lake near marker 28. Only 15-20 minutes in either direction by boat or car to Bubba Brews at Beach Island 33 Marina or Jimmy's Place at Norris Landing Marina. Conveniently located just across the lake from Straight Creek Marina minutes away from groceries, Dollar General Stores and Walmart. The gorgeous home has a wrap-around covered deck on the main floor and a lower sundeck with two separate Rental Units overlooking the water. The current owner has a great history with renting the spaces to individuals, small and large groups....weddings, reunions, birthdays and more! There's endless possibilities....live there full time, use as a vacation home, rental, or live on the main level and rent out the other separate rental units on lower level. Concrete driveway with large parking spaces to park vehicles, boats, water toys etc. Fiber Optic Internet, City and Well Water, Second Electric Pole with Large Breaker Box, Gated Entry, and so much more! This gem won't last long, make an appointment to view in person!

Property Details

Property Features

Property Information:

  • Architectural Style: Other, Cape Cod, Traditional
  • Year Built: 1997
  • Living Area: 2,303 SqFt

Listing Office:

  • Office Name: Realty Group
  • Office Phone: (423) 626-6353

Interior Features

Interior Information:

  • Appliances: Dishwasher, Range, Refrigerator
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Island in Kitchen, Eat-in Kitchen
  • Fireplace: Free Standing, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Lake Front
  • View: Trees/Woods, Lake
  • Exterior: Patio, Porch - Covered, Deck, Balcony

Parking Information:

  • Attached Garage: No
  • Parking: Main Level, Off-Street Parking, Common

Lot Features

Lot Information:

  • Lot: Private, Waterfront, Wooded, Irregular Lot, Level, Rolling/Hilly
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Electric
  • Cooling: Central Air, Ceiling Fan(s), Window Unit(s)

Other

Directions Information:

  • Directions: TURN LEFT ON LONE MOUNTAIN RD. GO 1 MILE TURN ON STRAIGHT CREEK CHURCH RD, GO 1/2 MILE TURN RIGHT ON LAKE LANE, GO 1.01 MILES PROPERTY ON THE RIGHT

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $217/SqFt

Tax Information:

  • Annual Amount: $1,560
  • 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

694 Lake Ln vs New Tazewell

106 DAYS ON ROCKET

-40 Days

$499,000

+$232.5K More

$217/SqFt

+$46 More

KEY TAKEAWAY

This property is $232.5K more than the Median Sold Price and $46/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: #1271540

Listing Office:

  • Office Name: Realty Group
  • Office Phone: (423) 626-6353

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

Listing History

Sep 20, 2011Home Sold
$240,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,560$60,525
2019$1,560$60,525
2018$1,560$60,525
2017$1,496$57,100

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-545850
6
/10

  • Tazewell-New Tazewell Elementary School

  • 501 Davis Dr

  • 6.80 miles

  • Public District Grades KG-4

school-card-donut-545851
6
/10

  • Joppa Elementary School

  • 4745 Rutledge Pike

  • 9.81 miles

  • Public District Grades PK-6

school-card-donut-545852
5
/10

  • Rutledge Elementary School

  • 7480 Rutledge Pike

  • 10.26 miles

  • Public District Grades 2-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,915. The most common annual income of people living in New Tazewell, 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 694 Lake Ln

What is the listing price of this property?

The listing price of 694 Lake Ln property is $499,000.

What type of property is this?

The property 694 Lake Ln is a house located in New Tazewell, Tennessee, 37825.

Is this property for sale now?

Active Listing: 694 Lake Ln 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 $1,560 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 20, 2011 for $240,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 694 Lake Ln has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 694 Lake Ln is 2,303 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 694 Lake Ln is 1997.

Rocket Homes›Tennessee›Claiborne County›New Tazewell›37825›694 Lake Ln

This home is located at 694 Lake Ln in New Tazewell, TN and zip code 37825. This 2,303 square foot home, which was built in 1997, sits on a 1.00 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $499,000.

Over 1 listings were sold over their listed price in October 2024 in New Tazewell, TN. In the same period over 0 listings were sold below the listed price and 1 listings were sold for the listed price. The number of homes for sale in New Tazewell, TN decreased by 6.5% between September 2024 and October 2024. In October 2024, listings were on the market for 146 days. During the same period, the median list price in this real estate market was $266,500.

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

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