NOT LISTED FOR SALE

1508 Spelling Way Knoxville, TN 37909

Lonas Drive Neighborhood

Estimated Value: $272,000 - $293,000

2 Beds
2 Baths
1,248 Sq Ft
$230/Sq Ft Est. Value

Last Sold November 20, 2021

Last sale price $229,900 $184 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,710/month

Highlights

  • Traditional Architecture
  • Patio
  • Central Heating and Cooling System
  • West High School Rated A-
  • Tile Flooring
  • Electric Fireplace

About This Home

As of November 2021

This home is located at 1508 Spelling Way, Knoxville, TN 37909 since 20 November 2021 and is currently estimated at $286,817, approximately $229 per square foot. This property was built in 1995. 1508 Spelling Way is a home located in Knox County with nearby schools including Pond Gap Elementary School, Northwest Middle School, and West High School.

Last Agent to Sell the Property

Stacy Jagger

United Real Estate Solutions License #323446 Listed on: 11/20/2021

United Real Estate Solutions

Last Buyer's Agent

Stacy Jagger

Wallace

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $745

Year Built

  • Built in 1995

Lot Details

  • 2,788

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,248 Sq Ft Home
  • Electric Fireplace
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Garage
  • Parking Available
  • Garage Door Opener

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • Association fees include building exterior, association insurance, grounds maintenance
  • Melrose Landing Subdivision

Listing and Financial Details

  • Assessor Parcel Number 107cj010

Home Details

Home Type

Single Family

Est. Annual Taxes

$745

Year Built

Built in 1995

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Directions: 40 to papermill exit Follow Papermill Rd NW to turn left onto Spelling way
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1995
  • Subdivision Name: Melrose Landing
  • Architectural Style: Traditional
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Smoke Detector, Refrigerator
  • Has Basement: Slab
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Flooring: Laminate, Vinyl, Tile

Exterior Features

  • Exterior Features: Patio
  • Construction Type: Vinyl Siding, Other, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Garage Door Opener, Main Level

Utilities

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

Condo/Co-op/Association

  • Association Fee: 75.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Building Exterior, Association Ins, Grounds Maintenance

Lot Info

  • Parcel #: 107cj010

Tax Info

  • Tax Annual Amount: 745.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2021
Closed on
Nov 5, 2021
Sold by
Pinkous Sarah F and Henry Stephen
Bought by
Rayburn Chad Thomas and Rayburn Brandi
Seller's Agent
Stacy Jagger
United Real Estate Solutions
Buyer's Agent
Stacy Jagger
Wallace
Sold Price
$229,900
Current Estimated Value
$286,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,917
Avg. Annual Appreciation
5.82%
Original Mortgage
$206,550
Outstanding Balance
$189,320
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$97,497

Purchase Details

Listed on
Apr 16, 2018
Closed on
May 31, 2018
Sold by
Abbott Emily F
Bought by
Pinkous Sarah F and Pinkous Stephen Henry
Seller's Agent
Ryan Levenson
ReMax Preferred Properties, In
Buyer's Agent
Mary Parsons
Wallace
Sold Price
$134,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.55%
Original Mortgage
$132,456
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2012
Sold by
Abbott Emily F
Bought by
Mortgage Investors Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,172
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2005
Sold by
Lamon Emily
Bought by
Poeung Navy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
5.59%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 4, 2001
Sold by
Gobble David L and Gobble Elizabeth L
Bought by
Lamon Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,301
Interest Rate
6.95%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 31, 2000
Sold by
Mehta Jayant B and Mehta Mina J
Bought by
Gobble David L and Gobble Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,957
Interest Rate
7.94%
Mortgage Type
FHA
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
Rayburn Chad Thomas $229,500 Admiral Title
Pinkous Sarah F $134,900 None Available
Mortgage Investors Group $117,000 None Available
Poeung Navy $98,800 Real Estate Title Knoxville
Lamon Emily $89,000 Abstract Title Company
Gobble David L $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rayburn Chad Thomas $206,550
Previous Owner Pinkous Sarah F $132,456
Previous Owner Mortgage Investors Group $92,172
Previous Owner Poeung Navy $79,000
Previous Owner Lamon Emily $88,301
Previous Owner Gobble David L $83,957
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2021 11/20/21 Sold $229,900 +70.4% $184 / Sq Ft
05/31/2018 05/31/18 Sold $134,900 -- $108 / Sq Ft 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 $1,568 $42,275 $0 $0
2023 $1,568 $42,275 $0 $0
2022 $1,568 $42,275 $0 $0
2021 $1,386 $30,250 $0 $0
2020 $1,386 $30,250 $0 $0
2019 $1,386 $30,250 $0 $0
2018 $1,386 $30,250 $0 $0
2017 $1,386 $30,250 $0 $0
2016 $1,515 $0 $0 $0
2015 $1,515 $0 $0 $0
2014 $1,515 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stacy Jagger

    Seller's Agent in 2021

    Stacy Jagger

    United Real Estate Solutions

    (865) 621-9494

    1 in this area

    24 Total Sales

    Stacy Jagger
    Section Image

  • R

    Seller's Agent in 2018

    Ryan Levenson

    RE/MAX

  • Mary Parsons

    Buyer's Agent in 2018

    Mary Parsons

    Wallace

    (865) 776-0202

    111 Total Sales

    Mary Parsons
    Section Image

  • C

    Buyer's Agent in 2018

    CHRIS SPROLES

    COLDWELL BANKER SECURITY REAL ESTATE

  • C

    Buyer's Agent in 2018

    CAROL CLIMER

    FIRST AMERICAN NATIONAL BANK

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1174291

East Tennessee REALTORS® MLS

APN: 107CJ-010

Tennessee Knox County Knoxville 37909 Lonas Drive

1508 Spelling Way, Knoxville, TN

This home is located at 1508 Spelling Way, Knoxville, TN 37909 since 20 November 2021 and is currently estimated at $286,817, approximately $229 per square foot. This property was built in 1995. 1508 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.

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.

Nearby Homes