NOT LISTED FOR SALE

12404 Palm Beach Way Knoxville, TN 37922

Concord Neighborhood

Estimated Value: $1,019,590

0.31 Acre
$3,321,140 Price per Acre
13,373 Sq Ft Lot

Last Sold December 18, 2017

Last sale price $43,000

Est. 2,271% increase in value since last sale

Current estimated payment $6,459/month

Highlights

  • Access To Lake
  • Northshore Elementary School Rated A-
  • Waterfront

About This Lot

As of December 2017

WHAT A GRAND SETTING! COME SEE THE AMENITIES IN LAKE COVE SUBDIVISION! WE HAVE LIMITED REMAINING INTERIOR LOTS THAT FEATURE LAKE ACCESS AND A COMMUNITY BOAT LAUNCH. SERENE LAKE VIEWS FROM MANY LOTS. AMENITIES INCLUDE AN 85 FOOT COMMUNITY PIER FOR DAY USE! GREAT SELECTION OF LOTS TO ACCOMMODATE MANY DIFFERENT HOUSE STYLES. ARCHITECTURALLY RESTRICTED FOR CONTINUITY OF BUILDING STYLES! BUILDERS WELCOME! JUST A SHORT DISTANCE FROM NORTHSHORE DRIVE. FEEL FREE TO DRIVE THROUGH OR CALL AGENT FOR MORE DETAILS!

Last Agent to Sell the Property

Jim McElroy

Keller Williams West Knoxville License #285998 Listed on: 10/02/2017

Keller Williams West Knoxville

Last Buyer's Agent

Elizabeth Wright

Wallace

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $371

Lot Details

  • Waterfront
  • Finished Lot(s)
  • Zoning described as Zoned Residential

HOA Fees

  • $33 Monthly HOA Fees

Listing and Financial Details

  • Assessor Parcel Number 162md010

Community Details

Overview

  • Lake Cove Subdivision

Recreation

  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$371

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Directions: WEST ON NORTHSHORE TO LEFT ON CHOTO TO SUBDIVISION ON LEFT
  • Prop. Type: Lots & Acreage
  • Lot Size: 35x130xirr
  • Subdivision Name: Lake Cove
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Lot Features: Lake Access, Waterfront Access

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Yearly

Lot Info

  • Parcel #: 162md010
  • Zoning Description: Zoned Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2021
Sold by
Austin Ronald C and Austin Linda
Bought by
Stern David E and Stern Theresa A
Current Estimated Value
$1,019,590

Purchase Details

Listed on
Oct 2, 2017
Closed on
Dec 18, 2017
Sold by
Nutt Properties Llc
Bought by
Austin Ronald C and Austin Linda
Seller's Agent
Jim McElroy
Keller Williams West Knoxville
Buyer's Agent
Elizabeth Wright
Wallace
Sold Price
$43,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,400
Interest Rate
5.43%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 30, 2011
Sold by
Home Federal Bank Of Tennessee
Bought by
Nutt Properties Llc

Purchase Details

Closed on
Dec 7, 2011
Sold by
Lake Cove Properties Llc
Bought by
Home Federal Bank Of Tennessee
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stern David E $865,000 None Listed On Document
Austin Ronald C $43,000 Admiral Title Inc
Nutt Properties Llc $950,000 None Available
Home Federal Bank Of Tennessee $1,020,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Austin Ronald C $34,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2017 12/18/17 Sold $43,000 -- --
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
2021 $371 $17,500 $0 $0
2020 $371 $17,500 $0 $0
2019 $371 $17,500 $0 $0
2018 $371 $17,500 $0 $0
2017 $371 $17,500 $0 $0
2016 $406 $0 $0 $0
2015 $406 $0 $0 $0
2014 $406 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jim McElroy

    Keller Williams West Knoxville

    1 in this area

    45 Total Sales

    Jim McElroy
    Section Image

  • E

    Buyer's Agent in 2017

    Elizabeth Wright

    Wallace

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1018428

East Tennessee REALTORS® MLS

APN: 162MD-010

Tennessee Knox County Knoxville 37922 Concord

12404 Palm Beach Way, Knoxville, TN

This home is located at 12404 Palm Beach Way, Knoxville, TN 37922 since 02 October 2017 and is currently priced at $1,019,590. 12404 Palm Beach Way is a home located in Knox County with nearby schools including Northshore Elementary School, Farragut Middle School, and Farragut High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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