$300,000
SOLD MAY 22, 2025

228 Summerset Way Maynardville, TN 37807

3 Beds
2 Baths
864 Sq Ft
1.62 Acres

Recently Sold

$347 Per Sq Ft

5% Below List Price

34 Days on Market

Highlights

  • View of Trees or Woods
  • Deck
  • Covered patio or porch
  • 1.62 Acre Lot
  • Traditional Architecture
  • Eat-In Kitchen

About This Home

As of May 2025

Discover peaceful living in Maynardville on an expansive 1.62-acre private setting, ideally positioned for both serene country life and easy access to city conveniences. This thoughtfully designed 1,728-square-foot residence offers a perfect balance of indoor comfort and outdoor living space. Just a short drive connects you to both the recreation paradise of Norris Lake and the urban amenities of Knoxville. Inside, recent updates enhance the modern appeal - featuring new kitchen countertops, fresh carpeting in the basement, and stylish light fixtures throughout. With two full bathrooms and ample living areas, the layout creates a natural flow for everyday living. The generous acreage provides endless possibilities for gardening, outdoor entertaining, or simply enjoying the quietude of your own private retreat. Buyer to verify all information.

Last Agent to Sell the Property

Marcia Inklebarger

Knoxville Real Estate Professionals Inc. Listed on: 03/21/2025

Last Buyer's Agent

Julie Zittnan

Crye-Leike

Crye-Leike

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $752

Year Built

  • Built in 1997

Lot Details

  • 1.62 Acre Lot

Parking

  • Driveway

Home Design

  • Traditional Architecture
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Deck
  • Covered patio or porch
  • Shed

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Todd S Trace S/D Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$752

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Percent Basement Finished: Yes
  • Basement Walkout: Yes
  • Directions To Property: From Maynardville Hwy, Turn on to Johnson Rd by Maynardville City Hall and the Splash Pad. Then turn right on the Summerset Way, keep going past the cul-de-sac, Property ahead on the right.
  • ExteriorCoveredPorch: Yes
  • ExteriorDeck: Yes
  • FloorCarpet: Yes
  • FloorLaminate: Yes
  • FloorVinyl: Yes
  • HamletID: 0
  • HasCentralAC: Yes
  • HeatFuelElectric: Yes
  • HeatTypePump: Yes
  • InteriorAmps: 0
  • KitchenCounterType: Laminate
  • LandFrontageInFeet: 0
  • LandRentAmount: 0
  • Lot Size Acres: 1.62
  • Number Of Stories: 1
  • OutbuildingShed: Yes
  • PercentageOfTaxThatIsDeductable: 0
  • PropertyCity: Maynardville
  • Property Class: 210
  • Prop. Type: Residential
  • PropertyZipCode: 37807
  • PropertyZoneType: 100
  • Renovation Year: 0
  • ResidentialStyle: Traditional
  • RoofAsphalt: Yes
  • First Floor Bathroom: Yes
  • Kitchen: Yes
  • Primary Bedroom: Yes
  • SForSaleAndRForRental: S
  • SidingVinyl: Yes
  • Subdivision Name: Todd S Trace S/D
  • USStateAbbreviation: TN
  • ViewWooded: Yes
  • WaterSourceType: Municipal
  • Year Built: 1997
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • BasementAreaSquareFootage: 864
  • Basement Bathrooms: Yes
  • Number Basement Bedrooms: Yes
  • Basement Type: Full
  • Kitchen Type: Eat-In
  • Fireplaces: 0
  • Number of Rooms: 8
  • AboveArea Sq Ft: 864

Exterior Features

  • Construction Type: Frame

Garage/Parking

  • AttachedParking: 0
  • Driveway: Yes
  • Numberof Garage Spaces: 0

Utilities

  • Sewer Type: Municipal
  • Utilities: 1

Condo/Co-op/Association

  • HOA Fees: 0
  • Units in Building: 0

Schools

  • School District: 000000
  • School District: 000000

Lot Info

  • Number Of Lots: 0

Multi Family

  • Unit Number of Bedrooms: 3
  • Total Taxes: 752

Tax Info

  • Tax Year: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2025
Closed on
May 22, 2025
Sold by
Witt Robin
Bought by
Sharpe Christopher M
Seller's Agent
Marcia Inklebarger
Knoxville Real Estate Professionals Inc.
Buyer's Agent
Julie Zittnan
Crye-Leike
List Price
$315,000
Sold Price
$300,000
Premium/Discount to List
-$15,000
-4.76%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$294,566
Outstanding Balance
$294,566
Interest Rate
6.62%
Mortgage Type
FHA
Estimated Equity
$7,864

Purchase Details

Closed on
Dec 16, 2008
Sold by
C M Rentals Inc
Bought by
Witt Robin

Purchase Details

Closed on
Jan 8, 1999
Bought by
C & M Rentals Inc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $300,000 Genesis Real Estate Title
Deed $56,900 --
Deed $56,900 --
Warranty Deed $55,000 --
Warranty Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $294,566 FHA
Previous Owner $76,000 New Conventional
Previous Owner $37,000 New Conventional
Previous Owner $33,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2025 05/22/25 Sold $300,000 -4.8% $347 / Sq Ft
04/24/2025 04/24/25 Pending -- -- --
03/21/2025 03/21/25 For Sale $315,000 -- $365 / Sq Ft
Source: My State 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 $752 $39,575 $6,250 $33,325
2023 $0 $39,575 $6,250 $33,325
2022 $629 $39,575 $6,250 $33,325
2021 $511 $23,900 $3,250 $20,650
2020 $511 $23,900 $3,250 $20,650
2019 $511 $23,900 $3,250 $20,650
2018 $511 $23,900 $3,250 $20,650
2017 $511 $23,900 $3,250 $20,650
2016 $495 $22,825 $4,475 $18,350
2015 $495 $22,825 $4,475 $18,350
2014 $409 $22,817 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: My State MLS

MLS Number: 11455379

APN: 064E-C-010.00