Your LAKE LIFE paradise awaits! This lot is 1.03 acres of mostly cleared rolling topography providing terrific options for your dream house build at NORRIS LAKE. This property is located within the lakeside retreat community of SUNSET BAY, where small-town hospitality meets picturesque lakeside living! Whether you're seeking a vacation retreat or a retirement haven, this property promises ''dream come true'' opportunities. From boating and kayaking to paddleboarding and jet skiing, every day presents new opportunities for enjoyment. Cast a line and reel in the catch of the day, or cruise over to your choice of marinas for dining and live music, creating memories to last a lifetime. Sunset Bay also provides the convenience of a clubhouse, pool, well-equipped gym, pickleball courts, and many social activities.
Property Details
Property Features
Listing Office:
Office Name: Gables & Gates, REALTORS
Office Phone: (865) 777-9191
Exterior Features
Exterior Information:
View: Mountain(s), Lake
Lot Features
Lot Information:
Lot: Rolling/Hilly, Irregular Lot
Lot Size: 1.03 Acres
Other
Directions Information:
Directions: Hwy 33 north over Veterans Bridge and left on Sharps Chapel Rd. Travel approximately 5.7 miles and veer left at the stop sign onto Big Valley Rd. Continue forward and you will see the sign into the Sunset Bay community as the road changes to Russell Brothers Rd. Turn left on Garfield Lane and look for the sign on your right.
Price Information
Listing Price Info
Price Summary:
List Price: $50,000
HOA Fees:
Amount: $463
Frequency: Annually
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Sharps Chapel, TN.
This property is $752.5K less than the Median Sold Price in Sharps Chapel, TN.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: East Tennessee REALTORS® MLS
MLS Number: #1263605
Listing Office:
Office Name: Gables & Gates, REALTORS
Office Phone: (865) 777-9191
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.
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$355
Per Month
Principal & Interest
$250
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$38
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$216
Powered By
Advertisement
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Big Ridge Elementary School
3420 Hickory Valley Rd
Distance between this listing and this school4.98 miles
Public District Grades PK-5
5
/10
Paulette Elementary School
1001 Maynardville Hwy
Distance between this listing and this school8.07 miles
Public District Grades PK-5
6
/10
Luttrell Elementary School
241 Tazewell Pike
Distance between this listing and this school9.59 miles
Public District Grades PK-5
Nearby Schools
6
/10
Sharps Chapel Elementary School
1550 Sharps Chapel Rd
Distance between this listing and this school5.02 miles
Public District Grades PK-8
4
/10
H Maynard Middle School
435 Main St
Distance between this listing and this school5.40 miles
Public District Grades 6-8
1
/10
Tennessee Virtual Academy
115 Wilson Ln
Distance between this listing and this school5.43 miles
Public District Grades KG-8
Nearby Schools
4
/10
Union County High School
150 Main St
Distance between this listing and this school5.41 miles
Public District Grades 9-12
5
/10
Gibbs High School
7628 Tazewell Pike
Distance between this listing and this school12.24 miles
Public District Grades 9-12
5
/10
Halls High School
4321 E Emory Rd
Distance between this listing and this school15.29 miles
The neighbors living near this home have an average income of $36,308. Typical income of Sharps Chapel, TN residents is less than $35k annually. Typical family type is married, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About R Garfield Ln
What is the listing price of this property?
The listing price of R Garfield Ln property is $50,000.
What type of property is this?
The property R Garfield Ln is land located in Sharps Chapel, Tennessee, 37866.
Is this property for sale now?
Active Listing: R Garfield Ln is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at R Garfield Ln in Sharps Chapel, TN and zip code 37866 in the Sunset Bay neighborhood. This home sits on a 1.03 acre lot. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $50,000.
Over 0 listings were sold over their listed price in October 2024 in Sharps Chapel, TN. In the same period over 1 listings were sold below the listed price and 0 listings were sold for the listed price. Between September 2024 and October 2024, Sharps Chapel, TN real estate market has seen decrease in the number of listings by 5.3%. In October 2024, listings were on the market for 103 days. During the same period, the median list price in this real estate market was $802,500.
From Rocket Homes Real Estate and based on county public records data.
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. 
NASCAR
NASCAR
Hunting
Figure Skating
Bass Pro Shops
Dollar General
Wal-Mart
Hardee's
Applebees
Jimmy Johns
GMC
Ram
Cadillac
Classic Country
New Country
Oldies