5 months on rocket

261 Rain Valley Rd, Lafollette, TN, 37766

$550,000

Home List Price

$6,531*

Closing Credit

3 Bedrooms
2 Full Baths
1,432 SqFt
$384/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

261 Rain Valley Rd, La Follette$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingOther, Detached
Year Built1992
HeatingCentral, Electric
CoolingCentral Air
WaterfrontRiver
FireplaceBrick
ViewLake
MLS #1246469
Lot Size3.05 Acres
StatusActive

About 261 Rain Valley Rd

Welcome to 261 Rain Valley RD, a charming 3-bedroom, 2-bathroom ranch home that combines modern living with the serene beauty of Lafollette, TN. Spanning 1,432 square feet, this property has been thoughtfully updated to offer a comfortable and stylish living experience. Step inside to find a warm and inviting atmosphere with a seamless flow between the living, dining, and kitchen areas, ideal for family gatherings. The bedrooms are spacious, including a master suite with an elegantly updated bathroom. Another bathroom, also recently renovated, adds to the home's modern appeal. Outside, the property boasts a variety of features that blend leisure and practicality. The proximity to Lake Norris means stunning views right from your front porch and easy access to multiple docks for water-based activities. Part of the yard is fenced, perfect for farm animals or a private garden. The garage has been ingeniously transformed into an entertainment haven with a bar and 'man cave', plus an extra room that could serve as additional living quarters. An additional storage shed provides ample space for your storage needs. Located in a friendly community, this home offers the tranquility of country living while being just a short drive from local amenities. Whether it's a family home or a weekend retreat, 261 Rain Valley RD is an ideal setting for making lasting memories. Experience the perfect blend of tranquility and modern comfort at this beautiful Lafollette property.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1992
  • Living Area: 1,432 SqFt

Listing Office:

  • Office Name: Brick & Mortar Properties, LLC
  • Office Phone: (865) 686-5100

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Microwave
  • Basement: No
  • Flooring Type: Laminate, Carpet, Tile
  • Interior: Pantry
  • Fireplace: Brick

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: River
  • View: Lake
  • Exterior: Porch - Covered, Deck

Parking Information:

  • Attached Garage: No
  • Parking: Other, Detached

Lot Features

Lot Information:

  • Lot: River, Irregular Lot
  • Lot Size: 3.05 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Campbell County Comprehensive High School, Public District Grades 9-12
  • Jellico High School, Public District Grades 9-12
  • LaFollette Middle School, Public District Grades 6-8
  • Jacksboro Middle School, Public District Grades 6-8
  • LaFollette Elementary School, Public District Grades PK-5
  • Jacksboro Elementary School, Public District Grades PK-5
  • Valley View Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From hwy 63 take hunters branch rd to Demory rd go approx. 8 miles bear left at the split onto Demory rd then bear rt onto Jim Lee Ridge rd stay rt then turn rt onto Rain Valley rd home will be on your right. SOP

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $384/SqFt
House and calculator

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 La Follette, TN.

Map thumbnail provided by MapBox

La Follette, TN

City

Med. Sold Price

$215K

Med. Price/SqFt

$164

Avg. Days On Market

73

# of Sold Homes

16

261 Rain Valley Rd vs La Follette

159 DAYS ON ROCKET

+86 Days

$550,000

+$335K More

$384/SqFt

+$219 More

KEY TAKEAWAY

This property is $335K more than the Median Sold Price and $219/SqFt more than other homes in La Follette, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1246469

Listing Office:

  • Office Name: Brick & Mortar Properties, LLC
  • Office Phone: (865) 686-5100

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: 4/28/2024, 4:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

Powered By

Rocket Mortgage

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.

Elementary School

school-card-donut-2394715
4
/10

  • LaFollette Elementary School

  • 195 Myers Ln

  • 6.38 miles

  • Public District Grades PK-5

school-card-donut-2394716
7
/10

  • Jacksboro Elementary School

  • 164 Jacksboro Elem School Rd

  • 7.15 miles

  • Public District Grades PK-5

school-card-donut-2394717
6
/10

  • Valley View Elementary School

  • 1187 Old Middlesboro Hwy

  • 7.85 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2394718
1
/10

  • LaFollette Middle School

  • 1309 E Central Ave

  • 6.35 miles

  • Public District Grades 6-8

school-card-donut-2394719
5
/10

  • Jacksboro Middle School

  • 150 Eagle Rock Rd

  • 7.85 miles

  • Public District Grades 6-8

High School

school-card-donut-2394720
4
/10

  • Campbell County Comprehensive High School

  • 150 Cougar Ln

  • 6.05 miles

  • Public District Grades 9-12

school-card-donut-2394721
5
/10

  • Jellico High School

  • 141 High School Ln

  • 19.10 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,518. Residents of La Follette, TN typically earn less than $35k each year. The majority of families are married, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 261 Rain Valley Rd

What is the listing price of this property?

The listing price of 261 Rain Valley Rd property is $550,000.

What type of property is this?

The property 261 Rain Valley Rd is a house located in Lafollette, Tennessee, 37766.

Is this property for sale now?

Active Listing: 261 Rain Valley 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 261 Rain Valley Rd are:
LaFollette Elementary School: GreatSchools Rating 4/10
Jacksboro Elementary School: GreatSchools Rating 7/10
Valley View Elementary School: GreatSchools Rating 6/10
LaFollette Middle School: GreatSchools Rating 1/10
Jacksboro Middle School: GreatSchools Rating 5/10
Campbell County Comprehensive High School: GreatSchools Rating 4/10
Jellico High School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 261 Rain Valley Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 261 Rain Valley Rd is 1,432 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 261 Rain Valley Rd is 1992.

Rocket Homes›Tennessee›Campbell County›La Follette›37766›261 Rain Valley Rd

This home is located at 261 Rain Valley Rd in Lafollette, TN and zip code 37766 in the Rainbow Resort neighborhood. This 1,432 square foot home, which was built in 1992, sits on a 3.05 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2023 and is currently priced at $550,000.

La Follette, TN housing market in March 2024 saw over 5 listings sold above listed price, more than 0 sold at listed price and over 11 sold below. The inventory of homes for sale in La Follette, TN between February 2024 and March 2024 increased by 1%. While the average time on the market in March 2024 was 73 days, the median list price was $215,000.

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

More Resources