4 months on rocket

162 Lake Hollow Rd, Speedwell, TN, 37870

$624,500

Home List Price

$7,416*

Closing Credit

3 Bedrooms
2 Full Baths
1,152 SqFt
$542/SqFt
House
Schools Nearby

Location

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162 Lake Hollow Rd, Speedwell$624,500

Buyer Closing Credits

$7,416*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingMain Level, Off-Street Parking
Year Built1998
HeatingCentral, Heat Pump, Electric
CoolingCentral Air, Ceiling Fan(s)
WaterfrontWater Access, Lake Front, Lake Access
FireplaceOther, None
ViewMountain(s), Lake
MLS #1247289
Lot Size0.23 Acres
StatusActive

About 162 Lake Hollow Rd

Looking for the perfect affordable lakefront getaway? Look no further. This newly remodeled home is just what you are looking for. From the moment you walk in you can see the detail and attention that was given to the new design. Most lights (Wyze) can be controlled from your phone along with the security system and cameras. Owner presently uses Starlink for internet. New flooring throughout, stainless steel appliances, farmhouse style sink, soft close shaker style cabinets and drawers. There is a large custom island with quartz countertops that comfortably seats 6 people. The white shiplap ceiling flows throughout the main level and sets the perfect feel for relaxation with lots of recessed lighting. The master bedroom is located on the main level along with the laundry and a full ensuite bath. Upstairs you will find 2 spacious bedrooms and another full bath. Home sleeps 10 comfortably in beds. Outside the partially covered composite deck with cable railing is the perfect place to sit and relax after being on the lake all day and you can even watch the kids swim and play on the dock. The dock is a newly built floating dock with a covered boat slip with a 6,000 lb lift (setup for V hull) plus 2 jet ski ports and plenty of room for hanging out. You are just minutes away from Union County Boat Dock and Blue Springs Dock.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Cabin
  • Year Built: 1998
  • Living Area: 1,152 SqFt

Listing Office:

  • Office Name: Ridge Real Estate LLC
  • Office Phone: (423) 562-5454

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Basement: No
  • Interior: Island in Kitchen, Pantry, Eat-in Kitchen
  • Fireplace: Other, None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Water Access, Lake Front, Lake Access
  • View: Mountain(s), Lake
  • Exterior: Windows - Aluminum, Windows - Vinyl, Windows - Insulated, Porch - Covered, Deck, Dock

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Waterfront, Irregular Lot, Rolling/Hilly
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Tennessee Virtual Academy, Public District Grades KG-8

Other

Directions Information:

  • Directions: From Hwy 63 turn at Speedwell Post office onto Cawood Dr. Turn left onto Old Hwy 63E and immediately right onto Back Valley Rd. Go 1.2 miles and continue straight onto Straight Branch Rd. In .5 miles right onto Blue Spring Hollow Rd/Straight Branch Rd. In 1.8 miles slight right onto Lake Hollow Rd. In .3 miles home will be on your right with sign. When leaving you can continue on through Lake Hollow and then turn left back onto Straight Branch Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $624,500
  • Price Per SqFt: $542/SqFt

Tax Information:

  • Annual Amount: $487
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Speedwell, TN.

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Speedwell, TN

City

Med. Sold Price

$240K

Med. Price/SqFt

$184

Avg. Days On Market

16

# of Sold Homes

2

162 Lake Hollow Rd vs Speedwell

144 DAYS ON ROCKET

+128 Days

$624,500

+$384.5K More

$542/SqFt

+$358 More

KEY TAKEAWAY

This property is $384.5K more than the Median Sold Price and $358/SqFt more than other homes in Speedwell, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1247289

Listing Office:

  • Office Name: Ridge Real Estate LLC
  • Office Phone: (423) 562-5454

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: 4/27/2024, 7:20:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 09, 2019Home Sold
$146,000
Nov 17, 2005Home Sold
$90,000
Aug 24, 1991Home Sold
$10,500
Aug 12, 1991Home Sold
$10,500

Tax History

YEARPROP. TAXASSESSMENT
2020$487$22,750
2019$487$22,750
2018$487$22,750
2017$458$22,750

History based on county public records data.

Payment Calculator

$3,184

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,939

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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.

Middle School

school-card-donut-1091179
1
/10

  • Tennessee Virtual Academy

  • 115 Wilson Ln

  • 12.42 miles

  • Public District Grades KG-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,308. Most Speedwell, TN residents have annual incomes less than $35k. 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 162 Lake Hollow Rd

What is the listing price of this property?

The listing price of 162 Lake Hollow Rd property is $624,500.

What type of property is this?

The property 162 Lake Hollow Rd is a house located in Speedwell, Tennessee, 37870.

Is this property for sale now?

Active Listing: 162 Lake Hollow Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 162 Lake Hollow Rd are:
Tennessee Virtual Academy: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $487 (source: MLS/based on county public records data).

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

The last sale was on July 9, 2019 for $146,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 162 Lake Hollow Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 162 Lake Hollow Rd is 1,152 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 162 Lake Hollow Rd is 1998.

Rocket Homes›Tennessee›Claiborne County›Speedwell›37870›162 Lake Hollow Rd

This home is located at 162 Lake Hollow Rd in Speedwell, TN and zip code 37870. This 1,152 square foot home, which was built in 1998, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 04, 2023 and is currently priced at $624,500.

Speedwell, TN housing market in March 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 2 sold below. The inventory of homes for sale in Speedwell, TN between February 2024 and March 2024 decreased by 9.1%. While the average time on the market in March 2024 was 16 days, the median list price was $240,000.

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

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