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Sold for $18,000
  • $18,000

    1019 Gibson Ln, La Follette, TN 37766

    2beds
    864sqft
    Single Family Residence
    Built in 1974
    0.25 Acres Lot
    $18,100 Zestimate®
    $21/sqft
    $1,232 Estimated rent

    Home value

    $18,100

    Estimated sales range

    Not available

    $1,232/mo

    Zestimate® history
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    What's special

    Unlock the potential of this investment property nestled in the heart of LaFollette. Located on Gibson Lane, this property offers a rare opportunity for savvy investors looking to expand their portfolio in a steadily growing East Tennessee market. Situated in a quiet, established area, this property provides a renovation, rental income, or resale opportunity. With convenient access to local amenities, schools, shopping, and just a short drive to the scenic beauty of Norris Lake, the location adds strong appeal for both long-term tenants and future buyers. Whether you're looking to create a cash-flowing rental, a fix-and-flip project, or a long-term hold in an appreciating area, this property checks all the boxes. LaFollette continues to attract interest due to its affordability, proximity to outdoor recreation, and small-town charm--making this an ideal market for real estate investment. Don't miss your chance to capitalize on this opportunity--properties with this kind of upside don't last long! Property is being sold as is. Buyer due diligence. Buyer to verify all information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Melisa Lee Phillips 423-562-0638,

    Alco Builders & Realty Co

    Bought with:

    Non Member Non Member

    Non-Member Office

    Source: East Tennessee Realtors,MLS#: 1339541MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Bonus Room
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Refrigerator
    Features
    • Bonus Room
    • Flooring: Other, Laminate, Vinyl
    • Basement: Crawl Space
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 864
    • Total interior livable area: 864 sqft

    Property

    Parking
    • Parking features: Off Street
    Features
    • Has view: Yes
    • View description: Country Setting
    Lot
    • Size: 0.25 Acres
    • Features: Irregular Lot, Level
    Details
    • Parcel number: 095A A 056.00

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Aluminum Siding, Frame
    Condition
    • Year built: 1974

    Utilities & green energy

    • Sewer: Other
    • Water: Public

    Community & HOA

    Location
    • Region: La Follette

    Financial & listing details

    • Price per square foot: $21/sqft
    • Tax assessed value: $42,800
    • Annual tax amount: $130
    • Date on market: 5/5/2026
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    6/4/2026Sold$18,000-60%$21/sqft
    Source: East Tennessee Realtors #1339541 Report a problem
    5/21/2026Pending sale$45,000$52/sqft
    Source: East Tennessee Realtors #1339541 Report a problem
    5/5/2026Listed for sale$45,000+492.1%$52/sqft
    Source: East Tennessee Realtors #1339541 Report a problem
    12/31/2015Sold$7,600$9/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$130 $10,700
    2024$130 +139.8%$10,700 +307.6%
    2023$54 $2,625
    2022$54 $2,625
    2021$54 $2,625
    2020$54 $2,625
    2019$54 +26.9%$2,625 +38.2%
    2018$43 -0.6%$1,900
    2017$43 $1,900
    2016$43 +13.7%$1,900
    2015$38 $1,900
    2014$38 $1,900
    2013-- $1,900 -26.9%
    2011$46 $2,600
    2010$46 $2,600
    2009-- $2,600 +85.7%
    2008$28 $1,400
    2007$28 -16.4%$1,400 -16.4%
    2006$34 $1,675
    Find assessor info on the county website

    Neighborhood: 37766

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $18,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $18,100