NOT LISTED FOR SALE

12426 Palm Beach Way Knoxville, TN 37922

Concord Neighborhood

Estimated Value: $1,074,585 - $1,275,000

4 Beds
3 Baths
3,169 Sq Ft
$368/Sq Ft Est. Value

Last Sold January 13, 2016

Last sale price $530,000 $167 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $6,497/month

Highlights

  • Waterfront
  • Landscaped Professionally
  • Traditional Architecture
  • Northshore Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of January 2016

This is one of those special homes where memories are made w/ this architecturally designed, new construction, all brick, craftsman style, Frank Betz home. Main level offers large eat in kitchen w/ cabinets galore, granite & island that opens into two story great room w/ stone fireplace. Watch the sunrise on your covered 12x16 back porch overlooking this beautiful water front community w/ boat ramp. Enjoy the conveniences of 2 bR on main level including master w/ his/her lg closets, soaking tub in master bath. His/hers vanity plus lg tile shower w/ rain head. 2nd floor offers 2 large BR's, 3rd full bath plus huge bonus room over 3 car garage. Convenient to parks, recreation areas marinas, Turkey Creek shopping area and dining.

Last Agent to Sell the Property

Mindy Newman

Wallace License #300292 Listed on: 09/17/2015

Wallace

Last Buyer's Agent

Carrie Provencher

Penland Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,664

Year Built

  • Built in 2015

Lot Details

  • 0.3 Acre Lot
  • Waterfront
  • Landscaped Professionally

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,169 Sq Ft Home
  • Stone Fireplace
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Insulated Windows
  • ENERGY STAR Qualified Doors
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Attached Garage
  • Parking Available
  • Garage Door Opener

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Farragut Middle School
  • Farragut High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include all amenities
  • Lake Cove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 162md014

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,664

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Directions: West on Northshore to roundabout near Wiegels. Left onto Choto Road to first left into Lake Cove on Palm Beach Way. Home on right. Sign on property.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2015
  • Lot Size Acres: 0.3
  • Lot Size: 90.36x153.29xIRR
  • Subdivision Name: Lake cove
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Stove, Tankless Wtr Htr, Smoke Detector, Self Cleaning Oven, Microwave
  • Has Basement: Crawl Space, Crawl Space Sealed
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Stone
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: Window - Energy Star, Windows - Vinyl, Windows - Insulated, Porch - Covered, Prof Landscaped, Deck, Cable Available (TV Only), Doors - Energy Star
  • Lot Features: Waterfront Access
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, Main Level

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association: Yes

Fee Information

  • Association Fee Includes: All Amenities

Schools

  • High School: Farragut
  • Middle Or Junior School: Farragut

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 162md014
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2018
Sold by
Brassler Lisa D
Bought by
Newman Elizabeth A
Current Estimated Value
$1,166,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Outstanding Balance
$354,746
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$812,150

Purchase Details

Listed on
Sep 17, 2015
Closed on
Jan 13, 2016
Sold by
Newman Terry W and Newman Melinda S
Bought by
Brassler Lisa D
Seller's Agent
Mindy Newman
Wallace
Buyer's Agent
Mindy Newman
Wallace
Sold Price
$530,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.41%
Original Mortgage
$33,500
Interest Rate
3.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Oct 21, 2014
Closed on
Jan 30, 2015
Sold by
Nutt Properties Llc
Bought by
Newman Terry W and Newman Melinda S
Seller's Agent
Jim McElroy
ReMax Preferred Properties, In
Buyer's Agent
Mindy Newman
Wallace
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
683.27%
Original Mortgage
$416,000
Interest Rate
3.88%
Mortgage Type
Construction

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
Newman Elizabeth A $515,000 Foothills Title Services Inc
Brassler Lisa D $530,000 Radiant Title Llc
Newman Terry W $75,000 Tallent Title Group 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
Open Newman Elizabeth A $412,000
Previous Owner Brassler Lisa D $33,500
Previous Owner Brassler Lisa D $33,500
Previous Owner Newman Terry W $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2016 01/13/16 Sold $530,000 +606.7% $167 / Sq Ft
01/30/2015 01/30/15 Sold $75,000 -- -- View Prior Sale
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 $3,664 $235,775 $0 $0
2023 $3,664 $235,775 $0 $0
2022 $3,664 $235,775 $0 $0
2021 $3,096 $146,050 $0 $0
2020 $3,096 $146,050 $0 $0
2019 $3,096 $146,050 $0 $0
2018 $3,096 $146,050 $0 $0
2017 $3,096 $146,050 $0 $0
2016 $3,064 $0 $0 $0
2015 $406 $0 $0 $0
2014 $406 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mindy Newman

    Seller's Agent in 2016

    Mindy Newman

    Wallace

    (865) 310-1646

    11 in this area

    80 Total Sales

    Mindy Newman
    Section Image

  • C

    Buyer's Agent in 2016

    Carrie Provencher

    Penland Realty

  • J

    Seller's Agent in 2015

    Jim McElroy

    RE/MAX

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 940382

East Tennessee REALTORS® MLS

APN: 162MD-014

Tennessee Knox County Knoxville 37922 Concord

12426 Palm Beach Way, Knoxville, TN

This home is located at 12426 Palm Beach Way, Knoxville, TN 37922 since 17 September 2015 and is currently estimated at $1,166,896, approximately $368 per square foot. This property was built in 2015. 12426 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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