NOT LISTED FOR SALE

Estimated Value: $514,733 - $716,000

3 Beds
3 Baths
3,325 Sq Ft
$180/Sq Ft Est. Value

Last Sold August 22, 2023

Last sale price $475,000 $143 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,480/month

40 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • No HOA
  • Main Floor Primary Bedroom
  • Great Room
  • Covered Patio or Porch

About This Home

As of August 2023

Great investment opportunities or Perfect home in Historic North Knox! Stunning historic home with two units! Potential of $4,000 a month in rental income from both sides! Or live in one side and rent the other! Current sellers used the small side for airbnb! One side features large 2 story floor plan with master on main! Second unit is right under 900 sqft of one level living. This house has gotten many updates over the past two years. Udates list: new paint throughout, updated wiring in unit one, all new light fixtures throughout, all new appliances throughout, totally remodeled all bathrooms(new floors, vanities, tub/showers, toilets, etc), new closet doors and storage in unit one bedroom two, new eco thermostats in both units , new handrail in unit one, new banister in unit one, painted kitchen cabinets & new hardware throughout, new kitchen faucets in both units, new tile backsplash in unit one, new butcher block counters in unit two, and new mailboxes. HVAC units have recently been replaced (2017 unit 1, 2018 unit 2)

Last Agent to Sell the Property

Alexandra Knight

Century 21 MVP License #339265 Listed on: 06/29/2023

Century 21 MVP

Co-Listed By

Deborah Korlin

Century 21 MVP License #293982

Last Buyer's Agent

David Faulkner

Wallace Commercial License #367167

Wallace Commercial

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,830

Year Built

  • Built in 1920

Lot Details

  • 6,534 Sq Ft Lot
  • Cul-De-Sac
  • Historic Home

Parking

  • No Garage

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 3,325 Sq Ft Home
  • Living Quarters
  • 2 Fireplaces
  • Brick Fireplace
  • Wood Frame Window
  • Great Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Crawl Space
  • Rough in Bedroom

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 081LE017

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,830

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: from Broadway headed towards fountain city..take a LEFT onto West Glenwood Ave NE. Then Take your next RIGHT onto Armstrong Ave. Go down .1 to a RIGHT onto Thompson Place. Home will be on your RIGHT. See Sign.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1920
  • Lot Size Acres: 0.15
  • Co List Office Mls Id: 1067
  • Co List Office Phone: 865-429-2121
  • Architectural Style: Historic
  • Property Attached Yn: No
  • Lot Description:Cul-De-Sac: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2521.0
  • General Property Description:SqFt - 2nd Flr Lvl: 804.0
  • General Property Description:_pound_ Fireplace: 2.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Floors:Tile2: Yes
  • Siding:Wood2: Yes
  • Style:Historic: Yes
  • Special Features: None

Interior Features

  • Appliances: Dryer, Smoke Detector, Refrigerator, Microwave, Washer
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Brick, Other
  • Fireplaces: 2
  • Flooring: Hardwood, Tile
  • Basement:Crawl Space: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Addl Living Quarter: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:Great Room: Yes
  • Fireplace:Brick3: Yes
  • Fireplace:Other9: Yes
  • Other Rooms:Rough-in-Room: Yes

Exterior Features

  • Exterior Features: Windows - Wood, Porch - Covered
  • Lot Features: Cul-De-Sac
  • Construction Type: Wood Siding, Frame
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: None
  • GarageParking:None18: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 6534.0
  • Parcel #: 081LE017
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2829.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Aug 17, 2023
Sold by
Propes Michael and Propes Elizabeth
Bought by
William David Faulkner Sr And Patricia P Faul and Faulkner
Seller's Agent
Alexandra Knight
Century 21 MVP
Buyer's Agent
David Faulkner
Wallace Commercial
List Price
$575,000
Sold Price
$475,000
Premium/Discount to List
-$100,000
-17.39%
Views
349
Current Estimated Value
$599,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,933
Avg. Annual Appreciation
12.25%

Purchase Details

Listed on
Jan 15, 2021
Closed on
Apr 30, 2021
Sold by
Harding Ross M and Harding Mary K
Bought by
Propes Michael and Lofback Elizabeth
List Price
$350,000
Sold Price
$330,000
Premium/Discount to List
-$20,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.08%
Original Mortgage
$324,022
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 2015
Sold by
Hicks Family Llc
Bought by
Harding Ross M and Harding Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
3.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2015
Sold by
Peagler Robert S
Bought by
Hicks Family Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
3.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 28, 2009
Sold by
American Trust Bank Of East Tennessee
Bought by
Hicks Family Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,941
Interest Rate
5.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2009
Sold by
Jernigan Victor J
Bought by
American Trust Bank Of East Tennessee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,941
Interest Rate
5.01%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 28, 2004
Sold by
Peagler Kimberly Kay
Bought by
Jernigan Victor J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
William David Faulkner Sr And Patricia P Faul $475,000 Tennessee Valley Title
Propes Michael $330,000 Melrose Title Company Llc
Harding Ross M $110,000 Southeast Title & Escrow Llc
Hicks Family Llc -- Southeast Title & Escrow Llc
Hicks Family Llc $85,800 None Available
American Trust Bank Of East Tennessee $125,000 None Available
Jernigan Victor J $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Propes Michael $324,022
Previous Owner Harding Ross M $82,500
Previous Owner Hicks Family Llc $82,500
Previous Owner Hicks Family Llc $68,941
Previous Owner Jernigan Victor J $160,000
Previous Owner Peagler Kimberly Kay $90,000
Previous Owner Peagler Kimberly Kay $74,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2023 08/22/23 Sold $475,000 -4.9% $143 / Sq Ft
08/09/2023 08/09/23 Pending -- -- --
08/02/2023 08/02/23 Price Changed $499,500 -9.3% $150 / Sq Ft
07/18/2023 07/18/23 Price Changed $550,500 -4.3% $166 / Sq Ft
06/29/2023 06/29/23 For Sale $575,000 +74.2% $173 / Sq Ft
04/30/2021 04/30/21 Sold $330,000 -5.7% $114 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $350,000 -- $121 / Sq Ft
Source: East Tennessee REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,830 $131,280 $0 $0
2023 $4,870 $131,280 $0 $0
2022 $4,870 $131,280 $0 $0
2021 $3,623 $79,040 $0 $0
2020 $3,623 $79,040 $0 $0
2019 $3,623 $79,040 $0 $0
2018 $3,623 $79,040 $0 $0
2017 $3,623 $49,400 $0 $0
2016 $4,389 $0 $0 $0
2015 $4,389 $0 $0 $0
2014 $4,389 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1231768

East Tennessee REALTORS® MLS

APN: 081LE-017