NOT LISTED FOR SALE

1504 Spelling Way Knoxville, TN 37909

Lonas Drive Neighborhood

Estimated Value: $268,000 - $283,370

2 Beds
2 Baths
1,150 Sq Ft
$240/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $124,900 $109 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,628/month

3 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • 1 Car Attached Garage
  • West High School Rated A-
  • Cul-De-Sac
  • Walk-In Closet

About This Home

As of June 2017

Lovely neighborhood. Safe, quiet neighborhood. Only $50 HOA Fee. Immaculate condition. Freshly painted. Move in ready. Patio off the kitchen. 1 Car garage. Excellent location-walk to Pond Gap Elementary School.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,514

Year Built

  • Built in 1995

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 31 x 90
  • Cul-De-Sac
  • Zero Lot Line

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,150 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • 1 Fireplace
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Association fees include exterior maintenance, ground maintenance
  • Melrose Landing Subdivision

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 107CJ008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,514

Year Built

Built in 1995

Lot Details

0

HOA Fees

$50 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1995
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Refrigerator, Oven
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 2
  • Main Level Bedrooms: 2
  • Full Bathrooms: 2
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 1150
  • Building Area Units: Square Feet
  • Living Area: 1150
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Frame, Vinyl Siding, Other, Brick
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Attached
  • Total Parking Spaces: 1

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Other
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Exterior Maintenance, Maintenance Grounds
  • Association Fee: 50
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Cul-De-Sac, Zero Lot Line
  • Lot Size Acres: 0.06
  • Lot Size: 31 X 90
  • Lot Size Units: Acres
  • Parcel #: 107CJ008
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1514
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Jun 9, 2017
Sold by
Knapp Thomas Carol Ann
Bought by
Ludman Diane M
List Price
$124,900
Sold Price
$124,900
Current Estimated Value
$275,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,943
Avg. Annual Appreciation
9.90%
Original Mortgage
$80,000
Outstanding Balance
$66,562
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$209,281

Purchase Details

Listed on
Apr 24, 2014
Closed on
Jun 19, 2014
Sold by
Kwon Hyok K and Lee Yoon Joo
Bought by
Thomas Carol Ann Knapp
Seller's Agent
Jeff Bales
Realty Executives Associates
Buyer's Agent
DAWN CARROLL
NLMNLM
Sold Price
$116,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.51%

Purchase Details

Closed on
Aug 27, 2007
Sold by
Petersen Ronald H
Bought by
Kwon Hyok K and Lee Yoon Joo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 2000
Sold by
Petersen Ronald H
Bought by
Petersen Ronald H

Purchase Details

Closed on
Mar 19, 1997
Sold by
Porter Nancy T
Bought by
Petersen Ronald H

Purchase Details

Closed on
Feb 12, 1996
Bought by
Porter Nancy T

Purchase Details

Closed on
Feb 9, 1995
Sold by
Rbs And Associates Inc
Bought by
Burris Margaret E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ludman Diane M $124,900 None Available
Thomas Carol Ann Knapp $116,000 Concord Title
Kwon Hyok K $113,700 None Available
Petersen Ronald H -- --
Petersen Ronald H $90,000 --
Porter Nancy T $84,000 --
Burris Margaret E $87,875 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ludman Diane M $80,000
Previous Owner Kwon Hyok K $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2017 06/09/17 Sold $124,900 0.0% $109 / Sq Ft
05/06/2017 05/06/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $124,900 +7.7% $109 / Sq Ft
06/19/2014 06/19/14 Sold $116,000 -- $93 / Sq Ft View Prior Sale
Source: Realtracs

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 $1,566 $42,225 $0 $0
2023 $1,566 $42,225 $0 $0
2022 $1,566 $42,225 $0 $0
2021 $1,384 $30,200 $0 $0
2020 $1,384 $30,200 $0 $0
2019 $1,384 $30,200 $0 $0
2018 $1,384 $30,200 $0 $0
2017 $1,384 $30,200 $0 $0
2016 $1,514 $0 $0 $0
2015 $1,514 $0 $0 $0
2014 $1,514 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jeff Bales

    Realty Executives Associates

    (865) 588-3232

    9 Total Sales

    Jeff Bales
    Section Image

  • D

    Buyer's Agent in 2014

    DAWN CARROLL

    NLMNLM

  • C

    Buyer's Agent in 2014

    Cheryl Headrick

    Keller Williams Realty

See All Agents

Map

Source: Realtracs

MLS Number: 2858864

Realtracs

APN: 107CJ-008

Tennessee Knox County Knoxville 37909 Lonas Drive

1504 Spelling Way, Knoxville, TN

This home is located at 1504 Spelling Way, Knoxville, TN 37909 since 03 May 2017 and is currently estimated at $275,843, approximately $239 per square foot. This property was built in 1995. 1504 Spelling Way is a home located in Knox County with nearby schools including Pond Gap Elementary School, Northwest Middle School, and West 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.

Realtracs Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes