NOT LISTED FOR SALE

1507 Highland Ave Unit B202 Knoxville, TN 37916

Fort Sanders Neighborhood

Estimated Value: $196,000 - $250,000

2 Beds
1 Bath
660 Sq Ft
$347/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $95,000 $144 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $1,499/month

21 Days on Market

Highlights

  • In Ground Pool
  • Landscaped Professionally
  • Wood Flooring
  • Sequoyah Elementary School Rated A-
  • Traditional Architecture
  • 2-minute walk to James Agee Park

About This Home

As of December 2020

INVESTMENT OPPORTUNITY in FORT SANDERS!!! Perfect opportunity to live or own an investment property in the historic Fort Sanders area! Recently updated condo in the Fountain Place Community features parking and is walking distance to campus. All brick facility, swimming pool, grill area, water feature with professional grounds and maintenance included in HOA fee. Laundry on site. Some utilities covered in HOA fee. ***Owner has 7 units in Fountain Place and is willing to work a package deal for all units. When fully occupied, the portfolio has a NOI of 7-8% consistently.

Last Agent to Sell the Property

Jarrod Cruze

RE/MAX Tri Star Realty License #301180 Listed on: 11/18/2020

Last Buyer's Agent

Jarrod Cruze

Keller Williams Realty

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $437

Year Built

  • Built in 1963

Lot Details

  • 44

HOA Fees

  • $189 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 660 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Insulated Windows
  • Great Room
  • Open Floorplan
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom
  • Walk-in Shower

Parking

  • Common or Shared Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Patio or Porch

Additional Features

  • Landscaped Professionally
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 094NF01001A

Community Details

Overview

  • Association fees include building exterior, association insurance, sewer, some amenities, grounds maintenance, water
  • Fountain Place Condo Subdivision
  • Mandatory home owners association
  • On-Site Maintenance

Amenities

  • Picnic Area
  • Coin Laundry

Recreation

  • Community Pool

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$437

Year Built

Built in 1963

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Directions: 17th Street to Highland Avenue to Fountain Place, Building A. Unit is on the 3rd floor. Sign in window.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1963
  • Subdivision Name: Fountain Place Condo
  • Architectural Style: Traditional
  • Property Attached Yn: Yes
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 660.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: No
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Walk-in Shower: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Dining Area:Breakfast Bar: Yes
  • AtchdDtchd Type:Attached: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Range, Refrigerator, Self Cleaning Oven, Smoke Detector
  • Has Basement: None
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Hardwood, Tile, Other
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Fireplace:None15: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:Great Room: Yes
  • Basement:None14: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl, Windows - Insulated, Patio, Pool - Swim (Ingrnd), Porch - Covered, Prof Landscaped, Balcony
  • Construction Type: Other, Brick
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Insulated: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Construction:Brick5: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Prof Landscaped: Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Pool - Swim (Ingrnd): Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On-Street Parking, Other, Off-Street Parking, Common
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Common: Yes
  • GarageParking:On-Street Parking: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Other, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Amenities: Coin Laundry, Security, Pool
  • Association Fee: 189.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • Community Amenities:Sidewalks: Yes
  • Community Amenities:Swimming Pool: Yes
  • Community Amenities:PicnicBarbeque Area: Yes
  • Community Amenities:Security2: Yes
  • Association Fee Incl:Some Amenities: Yes
  • Association Fee Incl:Association Ins: Yes
  • Community Amenities:Lawn Care: Yes
  • Association Fee Incl:Grounds Maintenance: Yes
  • Association Fee Incl:Building Exterior: Yes
  • Association Fee Incl:Sewer3: Yes
  • Association Fee Incl:Water3: Yes
  • Community Amenities:Coin Laundry: Yes

Fee Information

  • Association Fee Includes: Building Exterior, Association Ins, Sewer, Some Amenities, Grounds Maintenance, Water

Lot Info

  • Parcel #: 094NF01001A

Tax Info

  • Tax Annual Amount: 436.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Mkt Holdings Llc
Bought by
Mkts Living Trust and Saliba
Current Estimated Value
$228,753

Purchase Details

Closed on
Aug 31, 2022
Sold by
Keith Errol W and Keith Sue Karen
Bought by
Mkt Holdings Llc

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 21, 2020
Sold by
Frank Costa Investments Inc
Bought by
Keith Errol W
Seller's Agent
Jarrod Cruze
RE/MAX Tri Star Realty
Buyer's Agent
Jarrod Cruze
Keller Williams Realty
Sold Price
$95,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.46%

Purchase Details

Listed on
Mar 11, 2018
Closed on
Mar 23, 2018
Sold by
Occlusal Developments 1 Llc
Bought by
Frank Costa Investments Inc
Seller's Agent
Marty Hartsell
Imagine Real Estate
Buyer's Agent
Jarrod Cruze
Keller Williams Realty
Sold Price
$81,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.91%

Purchase Details

Closed on
Apr 30, 2015
Sold by
Hilberg Nathan S and Hilberg Jaclyn Bankert
Bought by
Occlusal Development 1 Llc

Purchase Details

Closed on
Apr 30, 2013
Sold by
Campbell David W and Campbell Cathy N
Bought by
Hilberg Nathan S and Bankerr Jaclyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,600
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2001
Sold by
Kumar Katharine J and Kumar Krishna
Bought by
Campbell W David and Campbell Cathy N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,500
Interest Rate
7.23%

Purchase Details

Closed on
Jan 4, 2000
Sold by
Wilkes Haynes M and Wilkes Bonnie O
Bought by
Kumar Katharine J and Kumar Krishna
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
Mkts Living Trust -- None Listed On Document
Mkt Holdings Llc $135,000 Keith Errol W
Keith Errol W $95,000 Concord Title
Frank Costa Investments Inc $78,000 Foothills Title Services Inc
Occlusal Development 1 Llc $72,000 Melrose Title Co Llc
Hilberg Nathan S $77,000 Genesis Real Estates Title
Campbell W David $59,500 --
Kumar Katharine J $59,000 Title Specialists Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hilberg Nathan S $61,600
Previous Owner Campbell William D $50,500
Previous Owner Campbell William D $51,123
Previous Owner Campbell W David $53,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $95,000 +17.1% $144 / Sq Ft
03/23/2018 03/23/18 Sold $81,120 -- $123 / 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 $876 $23,600 $0 $0
2023 $876 $23,600 $0 $0
2022 $876 $23,600 $0 $0
2021 $813 $17,725 $0 $0
2020 $813 $17,725 $0 $0
2019 $813 $17,725 $0 $0
2018 $813 $17,725 $0 $0
2017 $813 $17,725 $0 $0
2016 $794 $0 $0 $0
2015 $794 $0 $0 $0
2014 $794 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1136208

East Tennessee REALTORS® MLS

APN: 094NF-01001A