$349,900 Price Analysis    ♡   La Follette, TN 37766 2 bed 2 bath 904 SqFt ($387/SqFt) Built 2021 Listed 2024-04-12, HOA $165 | ✓ USDA Eligible near La Follette, TN |
In Beautiful Deerfield Resort on Norris Lake with one of the best views that we have seen in some time is this 2 bedroom 2 bath fully furnished and move in ready Deer Hill Cottage.
* Has Contingent Offer *The unit features 2 bedrooms each on suite, full kitchen with gas stove and stainless appli ances, nice size living room, laundry, pantry and walk out deck overlooking a panoramic view of Norris Lake. Unit also features a gas tankless on demand water heater. High speed internet and natural gas are installed. Overnight rentals are allowed and there is a wonderful on-site company who can manage them . Deerfield Vacation Rentals.
The 2 bedroom upstairs portion of the unit next door grossed $27, 000 in 2022. 2023 was $35, 000 gross. Banking is the issue with these units, as they are condos with rental units. ''Big'' banks are not ble to do conventional loans on them. Locally we have United Cumberland Bank, Hearthside, Community Trust and a couple others who will easily do the loan. Just not Fannie Mae and Freddie Mac loans. Golf course memberships. it is a public course, approximately $50 per round with cart without a membership. Memberships are available. Boat slips are available. they are $2995/year for a 10' x 30'. 3195/year for 11' x 30'
Presented by Scott Fields at
Fields Real Estate Co., Inc.
Property MLS #1259115 from EastTennessee
Basement Features: Finished, Slab, Walkout
Basement Description: Finished, Slab, Walkout
Extra Room-1 Description: No
Full Bathrooms: 2
Pantry
Walk-In Closet(s)
Eat-in Kitchen
Flooring: Vinyl
Dryer
Tankless Wtr Htr
Smoke Detector
Self Cleaning Oven
Refrigerator
Washer
Heating Features: Central, Heat Pump, Natural Gas, Electric
Heating: Yes
Patio
Porch - Covered
Prof Landscaped
Deck
Balcony
Dock
Security Features: Gated Community
Association Amenities: Clubhouse, Golf Course, Pool, Tennis Court(s)
Association Fee: 165
Association Fee Frequency: Monthly
Association Fee Includes: All Amenities
Calculated Total Monthly Association Fees: 165
Source Listing Status: Pending
County: Campbell County - 37
Directions: From I75, follow hwy 63 to stop light #10, turn right. Follow Long Hollow for 9 miles (watching for Deerfield Resort mileage signs along the route) to the Deerfield Entrance. After entering Deerfield, follow Deerfield Way to the first left hand turn (Deer Hill Ln). Follow Deer Hill Lane to the top of the hill and take a right hand turn onto Deer Trail. Deer Trail ends on Harbor View Drive which is the location of the home. Turn left and watch for the house number on the cottage.
Disclaimer: No
Source Property Type: Single Family
Area: Campbell County - 37
Property Subtype: condo
MLS Area Minor: Campbell County - 37
Source Neighborhood: Deer Hill Village
Parcel Number: 099HA001.00
Subdivision: Deer Hill Village
Property Subtype: Condominium
Source System Name: C2C
$349,900
EastTennessee
Listed 2024-04-12
$379,900
EastTennessee
Year Built: 2021
Building Area Total: 904
Building Exterior Type: Fiber Cement, Frame, Brick
Construction Materials: Fiber Cement, Frame, Brick
Property Age: 3
Total Area Sqft: 904
Architectural Style: Cottage
Water Source: Public
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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.