2506 Legion Dr Knoxville, TN 37920
--
Bed
--
Bath
1,718
Sq Ft
0.58
Acres
Highlights
- Wood Flooring
- Efficiency Studio
- Zoned Heating
- Covered patio or porch
About This Home
As of December 2024AMAZING SOUTH KNOX LOCATION - 3 UNITS - Welcome to this beautiful setting just minutes from downtown Knoxville, UT Medical Center and the University of TN. Seller is retiring after owning this property for over 50 years. Tenants are very long term and would love to stay. Units have stoves, refrigerators and combo heat/air units (ptacs). The two bedroom units have washer/dryer connections in a closet on their rear porch. Seller pays water, property is on septic, and tenants pay electric.. There is an easement for the shared driveway with 2512 Legion next door.
Last Agent to Sell the Property
Goldman Partners Realty, LLC License #263596 Listed on: 06/12/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $990
Year Built
- Built in 1950
Home Design
- Triplex
- Frame Construction
- Metal Roof
Interior Spaces
- 1,718 Sq Ft Home
- Efficiency Studio
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Parking
- Driveway
- On-Site Parking
Additional Features
- Covered patio or porch
- 0.58 Acre Lot
- Zoned Heating
Listing and Financial Details
- The owner pays for trash collection, taxes, insurance, lawn maintenance
- Assessor Parcel Number 122NB010
Community Details
Overview
- 3 Units
Building Details
- Operating Expense $2,750
- Net Operating Income $13,690
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 13, 2024
Closed on
Dec 20, 2024
Sold by
Ring William D
Bought by
Francis Desean
List Price
$399,900
Sold Price
$350,000
Premium/Discount to List
-$49,900
-12.48%
Views
82
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$412,500
Outstanding Balance
$251,671
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
$104,983
Purchase Details
Closed on
Apr 25, 2023
Sold by
Suneson Brad R
Bought by
Brad R Suneson And Starr E Suneson Revocable
Purchase Details
Closed on
Apr 5, 2002
Sold by
Suneson Brad R and Suneson Starr E
Bought by
Suneson Brad R and Suneson Starr E
Similar Homes in Knoxville, TN
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $350,000 | Concord Title | |
| Warranty Deed | $350,000 | Concord Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $412,500 | Construction | |
| Closed | $412,500 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2025 07/20/25 | For Rent | $1,600 | 0.0% | -- |
| 12/20/2024 12/20/24 | Sold | $350,000 | -12.5% | $194 / Sq Ft |
| 11/19/2024 11/19/24 | Pending | -- | -- | -- |
| 09/13/2024 09/13/24 | For Sale | $399,900 | +60.0% | $222 / Sq Ft |
| 06/30/2023 06/30/23 | Sold | $250,000 | -15.3% | $146 / Sq Ft |
| 06/15/2023 06/15/23 | Pending | -- | -- | -- |
| 06/12/2023 06/12/23 | For Sale | $295,000 | -- | $172 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Tax History Compared to Growth
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 | $990 | $63,680 | $0 | $0 |
| 2023 | $990 | $63,680 | $0 | $0 |
| 2022 | $990 | $63,680 | $0 | $0 |
| 2021 | $654 | $30,840 | $0 | $0 |
| 2020 | $654 | $30,840 | $0 | $0 |
| 2019 | $654 | $30,840 | $0 | $0 |
| 2018 | $654 | $30,840 | $0 | $0 |
| 2017 | $654 | $19,275 | $0 | $0 |
| 2016 | $654 | $0 | $0 | $0 |
| 2015 | $654 | $0 | $0 | $0 |
| 2014 | $654 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
D
Seller's Agent in 2025
Delores Canizales
Intempus Parent Co, Inc.
(865) 312-7782
11 Total Sales
-
Seller's Agent in 2023
Solange Velas
Goldman Partners Realty, LLC
(865) 444-3240
151 Total Sales
-
C
Buyer's Agent in 2023
Chad Shelton
Realty Executives Associates
(931) 212-7298
55 Total Sales
Map
Source: East Tennessee REALTORS® MLS
MLS Number: 1229970
APN: 122NB-010
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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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