NOT LISTED FOR SALE

1800 Terrace Ave Unit 9 Knoxville, TN 37916

The Strip Neighborhood

Estimated Value: $347,000 - $376,000

2 Beds
1 Bath
957 Sq Ft
$375/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $175,000 $183 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $2,239/month

Highlights

  • Covered Patio or Porch
  • Zoned Heating and Cooling System
  • Vinyl Flooring
  • Sequoyah Elementary School Rated A-
  • Zero Lot Line

About This Home

As of September 2020

PRIME INVESTMENT OPPORTUNITY! Located right within the University of Tennessee campus area, this one-level condo is ready to move right in. Highlights include a possible 3rd bedroom or home office off of the 2nd bedroom, 2 designated parking spots, a spacious living area, and solid surface flooring throughout (no carpet). Coin laundry on the first floor with extra designated storage space as well. Excellent location that is around the corner from UT campus. Less than 10 minutes from all major points in Downtown Knoxville!

Last Agent to Sell the Property

Holli McCray

Greater Impact Realty License #285682 Listed on: 08/24/2020

Last Buyer's Agent

Ray Gaudet

Realty Executives Associates License #306599

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $909

Year Built

  • Built in 1978

Lot Details

  • 0.42

HOA Fees

  • $153 Monthly HOA Fees

Home Design

  • 957 Sq Ft Home

Flooring

  • Parquet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Off-Street Parking
  • Assigned Parking

Schools

  • Bearden Middle School
  • West High School

Additional Features

  • Dishwasher
  • Covered Patio or Porch
  • Zero Lot Line
  • Zoned Heating and Cooling System

Community Details

  • Association fees include fire protection, building exterior, association insurance, all amenities, grounds maintenance, pest contract
  • Lake Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 108CG01009

Home Details

Home Type

Single Family

Est. Annual Taxes

$909

Year Built

Built in 1978

Lot Details

0

HOA Fees

$153 per month

Listing Details

  • Directions: From Cumberland Ave (''UT Strip''), turn onto Melrose to right onto Lake, then left onto Terrace. Complex will be on the left.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 1978
  • Subdivision Name: Lake Terrace
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Refrigerator
  • Has Basement: Other
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Parquet, Vinyl

Exterior Features

  • Exterior Features: Porch - Covered
  • View: Other
  • Lot Features: Zero Lot Line
  • Construction Type: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Designated Parking, Off-Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee: 153.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Fire Protection, Building Exterior, Association Ins, All Amenities, Grounds Maintenance, Pest Contract

Schools

  • High School: West
  • Middle Or Junior School: Bearden

Lot Info

  • Parcel #: 108CG01009

Tax Info

  • Tax Annual Amount: 908.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Sep 29, 2020
Sold by
Askins Larry E and Askins Giulia Gaglioti
Bought by
Leming Travis D and Leming Sherri L
Seller's Agent
Holli McCray
Greater Impact Realty
Buyer's Agent
Ray Gaudet
Realty Executives Associates
Sold Price
$175,000
Current Estimated Value
$358,947

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,947
Avg. Annual Appreciation
16.12%
Original Mortgage
$157,500
Outstanding Balance
$141,662
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$221,795

Purchase Details

Closed on
Jun 4, 2020
Sold by
Askins Larry E and Askins Giulia Gaglioti
Bought by
Askins Larry E and Askins Giulia Gaglioti

Purchase Details

Listed on
Aug 20, 2012
Closed on
Jun 21, 2013
Sold by
Mccamy Jeff and Mccamy Pace
Bought by
Askins Larry E and Askins Larry
Seller's Agent
Karyn Altshuler
Wallace
Buyer's Agent
PAMELA MILLER
RE/MAX BETWEEN THE LAKES-DANDRIDGE
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
9.84%
Original Mortgage
$68,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2011
Sold by
Vaulterhouse Llc
Bought by
Mccamy Jerry and Mccamy Pace

Purchase Details

Closed on
May 15, 2006
Sold by
Slyman James and Slyman Mary Sue
Bought by
Vaulterhouse Llc
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
Leming Travis D $175,000 Admiral Title Inc
Askins Larry E -- None Available
Askins Larry E $141,500 Magnolia Title
Mccamy Jerry $144,500 United States Title Corp
Vaulterhouse Llc $110,000 Tennessee Valley Title Insur
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leming Travis D $157,500
Previous Owner Askins Larry E $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $175,000 +50.9% $183 / Sq Ft
06/21/2013 06/21/13 Sold $116,000 -- $121 / 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 $1,560 $72,350 $0 $0
2023 $2,684 $72,350 $0 $0
2022 $2,684 $72,350 $0 $0
2021 $1,691 $36,875 $0 $0
2020 $1,691 $36,875 $0 $0
2019 $1,691 $36,875 $0 $0
2018 $1,691 $36,875 $0 $0
2017 $1,691 $36,875 $0 $0
2016 $1,892 $0 $0 $0
2015 $1,892 $0 $0 $0
2014 $1,892 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Holli McCray

    Seller's Agent in 2020

    Holli McCray

    Greater Impact Realty

    (865) 335-0542

    1 in this area

    459 Total Sales

    Holli McCray
    Section Image
  • Ray Gaudet

    Buyer's Agent in 2020

    Ray Gaudet

    Realty Executives Associates

    (865) 748-3346

    1 in this area

    251 Total Sales

    Ray Gaudet
    Section Image

  • B

    Buyer's Agent in 2020

    BARBARA EDWARDS

    Century 21 Belk Realtors

  • K

    Seller's Agent in 2013

    Karyn Altshuler

    Wallace

  • P

    Buyer's Agent in 2013

    PAMELA MILLER

    RE/MAX

  • K

    Buyer's Agent in 2013

    Kristi Dunlap

    Gables & Gates, REALTORS

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1127638

East Tennessee REALTORS® MLS

APN: 108CG-01009

Tennessee Knox County Knoxville 37916 The Strip

1800 Terrace Ave Unit 9, Knoxville, TN

This home is located at 1800 Terrace Ave Unit 9, Knoxville, TN 37916 since 24 August 2020 and is currently estimated at $358,947, approximately $375 per square foot. This property was built in 1978. 1800 Terrace Ave Unit 9 is a home located in Knox County with nearby schools including Sequoyah Elementary School, Bearden 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.

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