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$1,099,900   Price Analysis
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241 Bankwood Ln
La Follette, TN 37766
5 bed 4 bath 2,800 SqFt ($392/SqFt)
2.01 acre lot. Built 1990
Listed 2024-06-14, Taxes $2,026
May be USDA loan restricted due to income limits
near La Follette

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 exceptional room with floor to ceiling, lake-facing windows and lvp flooring on the main level. Enclosed three season porch off the k itchen/dining area opens to the great room. Master bedroom w/ private walk-out to balcony w/ lakeview and 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 vhicles, outdoor firepit on the landing and steps or path to the lakefront dock w/ ladder and single uncovered slip and 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!


Presented by Tom Sturm at
Tennessee Home Finders, Llc.


Property MLS #1266323 from EastTennessee

Bedrooms: 5

Total Rooms: 8
Basement Features: Finished
Basement Description: Finished
Extra Room-1 Description: Yes

Total Bathrooms: 4
Full Bathrooms: 3
1/2 Bathrooms: 1

Island in Kitchen
Eat-in Kitchen
Flooring: Laminate, Carpet, Tile

Dishwasher
Disposal
Smoke Detector
Microwave

Cooling Features: Central Cooling
Fireplace Features: See-Thru, Gas Log
Heating Features: Forced Air, Heat Pump, Propane
Heating: Yes
Number of Fireplaces: 1

Deck
Dock
Frontage Type: Lakefront

Attached Garage: Yes
Garage Spaces: 2
Parking Features: Attached

Lot Description: Lakefront, Lake Access, Corner Lot
Lot Size Acres: 2.01
Lot Size Source: Tax Records
Lot Size Square Feet: 87556

View: Lake

Association: No
Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 2026
Source Listing Status: Active
County: Campbell County - 37
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''
Disclaimer: No
Source Property Type: Single Family
Area: Campbell County - 37
MLS Area Minor: Campbell County - 37
Source Neighborhood: Big Creek 1
Parcel Number: 129A A 017.00
Subdivision: Big Creek 1
Property Subtype: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$unknown + $unknown
$98,075
$2,026
2020$unknown + $unknown
$98,075
$2,026
2019$unknown + $unknown
$98,075
$2,026
2018$unknown + $unknown
$73,625
$1,657
2017$unknown + $unknown
$73,625
$1,657
2016$unknown + $unknown
$73,625
$1,657
2015$unknown + $unknown
$73,625
$1,657
2014$unknown + $unknown
$73,625
$1,465
2013$unknown + $unknown
$76,100
$1,339
2012$unknown + $unknown
$76,100
$1,339
2011$unknown + $unknown
$76,100
$1,339
2010$unknown + $unknown
$76,100
$1,339
2009$unknown + $unknown
$50,250
$1,005
2008$unknown + $unknown
$50,250
$1,005
2007$unknown + $unknown
$50,250
$1,005

Listed 2024-06-14
$1,099,900
EastTennessee
Sold 2021-01-27
$600,000
EastTennessee

Total Square Feet Living: 2800
Year Built: 1990
Building Area Total: 2800
Living Area Source: Tax Records
Property Age: 34
Total Area Sqft: 2800
Architectural Style: Contemporary

Sewer: Septic Tank
Water Source: Public

Campbell County Comprehensive High School is a public high school located approximately 5.1 miles away.
directions icon Map directions

Jacksboro Elementary School is a public elementary school located approximately 5.2 miles away.
directions icon Map directions

Jacksboro Middle School is a public middle school located approximately 5.9 miles away.
directions icon Map directions

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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.