NOT LISTED FOR SALE

1507 Highland Ave Unit B404 Knoxville, TN 37916

Fort Sanders Neighborhood

Estimated Value: $223,000 - $261,426

2 Beds
1 Bath
660 Sq Ft
$361/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $102,000 $155 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,499/month

5 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 March 2021

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 2 units remaining in Fountain Place and is willing to work a package deal. 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: 01/29/2021

Last Buyer's Agent

Teri Jo Fox

Crye-Leike Realtors South, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $437

Year Built

  • Built in 1963

Lot Details

  • 0.34

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 094NF01001M

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 #: 094NF01001M

Tax Info

  • Tax Annual Amount: 436.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 12, 2023
Sold by
Walesby Honor Ame
Bought by
Honor Ame Walesby Living Trust and Walesby
Current Estimated Value
$238,107

Purchase Details

Closed on
Mar 30, 2023
Sold by
Atlas Property Management Llc
Bought by
Walesby Honor Ame

Purchase Details

Listed on
Jun 13, 2017
Closed on
Aug 28, 2017
Sold by
Lain Kym
Bought by
Frank Costa Investments Inc
Seller's Agent
William Prichard
Wingman Realty
Buyer's Agent
Jarrod Cruze
Keller Williams Realty
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.10%

Purchase Details

Listed on
Sep 1, 2015
Closed on
Jan 5, 2016
Sold by
Mclaughlin Jaimee A and Mclaughlin Clarissa K
Bought by
Lain Kym
Seller's Agent
Janice Loveday
Realty Executives Associates
Buyer's Agent
BRETT POWERS
SINGLE TREE REALTY
Sold Price
$74,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.90%

Purchase Details

Closed on
May 23, 2007
Sold by
Yoakum Martha J and Brown Betsy L
Bought by
Mclaughlin Jaimee A and Mclaughlin Clarissa K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,955
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 7, 2002
Sold by
Yoakum Eleanor Y and Berger Robert Glenn
Bought by
Yoakum Martha J and Brown Betsy L
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
Honor Ame Walesby Living Trust -- None Listed On Document
Walesby Honor Ame $188,000 Admiral Title
Frank Costa Investments Inc $80,000 Foothills Title Services Inc
Lain Kym $74,000 First Priority Title Company
Mclaughlin Jaimee A $69,500 None Available
Yoakum Martha J $56,000 Appletree Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclaughlin Jaimee A $68,955
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $102,000 +27.5% $155 / Sq Ft
08/28/2017 08/28/17 Sold $80,000 +8.1% $121 / Sq Ft
01/11/2016 01/11/16 Sold $74,000 -- $112 / 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 $509 $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

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1141404

East Tennessee REALTORS® MLS

APN: 094NF-01001M