$123,000
SOLD NOV 23, 2020

2554 Martin Luther King jr Ave Knoxville, TN 37914

Park City Neighborhood
2 Beds
1 Bath
1,054 Sq Ft
1948 Built

Recently Sold

$117 Per Sq Ft

34 Days on Market

Highlights

  • Traditional Architecture
  • Fenced Yard
  • Zoned Heating and Cooling System
  • Wood Flooring

About This Home

As of November 2020

Great starter home with fenced in yard! This home has been updated to Move-In-Ready status. Beautiful hardwood and tile flooring, large living room w/fireplace and separate dining area. Spacious kitchen with plenty of cabinets and appliances. Partially finished basement for storage and large backyard for entertaining or relaxing. A must see!!

Last Agent to Sell the Property

Ingrid Prather

Premier Properties Realty License #247628 Listed on: 09/08/2020

Last Buyer's Agent

Nathan Lefebvre

Realty Executives Associates License #335317

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $253

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 60 x 150
  • Fenced Yard

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 1,054 Sq Ft Home
  • Brick Fireplace
  • Vinyl Clad Windows
  • Partially Finished Basement

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Garage
  • Basement Garage
  • Off-Street Parking

Schools

  • Vine/Magnet Middle School
  • Austin East/Magnet High School

Utilities

  • Zoned Heating and Cooling System
  • Heat Pump System

Community Details

  • Cold Spgs Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 082NB012

Home Details

Home Type

Single Family

Est. Annual Taxes

$253

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Directions: I-40 east to South on Cherry. Take a left on Martin Luther King. Home on the right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1948
  • Lot Size: 60 X 150
  • Subdivision Name: Cold Spgs Add
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Refrigerator
  • Has Basement: Partially Finished
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Brick
  • Fireplaces: 1
  • Flooring: Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Vinyl, Fenced - Yard
  • Construction Type: Vinyl Siding

Garage/Parking

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

Utilities

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

Schools

  • High School: Austin East/Magnet
  • Middle Or Junior School: Vine/Magnet

Lot Info

  • Lot Size Sq Ft: 0.2
  • Parcel #: 082NB012
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 253.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Nov 19, 2020
Sold by
Jordan Dexter L
Bought by
Darden Rachel L and Darden David
Seller's Agent
Ingrid Prather
Premier Properties Realty
Buyer's Agent
Nathan Lefebvre
Realty Executives Associates
Sold Price
$123,000
Current Estimated Value
$183,852

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,852
Avg. Annual Appreciation
8.81%
Original Mortgage
$98,400
Outstanding Balance
$87,961
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$95,891

Purchase Details

Closed on
Jan 7, 2020
Sold by
Saffell Mary L
Bought by
Jordan Dexter L

Purchase Details

Listed on
Jun 18, 2015
Closed on
Jul 22, 2015
Sold by
Ruff Paul and Ruff Kerry
Bought by
Saffell Mary L
Seller's Agent
Mindy Newman
Wallace
Buyer's Agent
Colin McDonald
Wallace
Sold Price
$43,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.24%
Original Mortgage
$35,120
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 10, 2013
Closed on
Jun 27, 2014
Sold by
Mynatt Dorothy L
Bought by
Ruff Paul and Ruff Kerry
Seller's Agent
Leanna Farrington
ReMax Preferred Properties, In
Buyer's Agent
Mindy Newman
Wallace
Sold Price
$25,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
69.25%
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 $123,000 Radiant Title Llc
Warranty Deed $43,000 Tallent Title Group Inc
Warranty Deed $43,900 Tallent Title Group Inc
Warranty Deed $25,000 Tallent Title Group Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $98,400 New Conventional
Previous Owner $35,120 New Conventional
Previous Owner $22,336 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2020 11/23/20 Sold $123,000 +180.2% $117 / Sq Ft
07/22/2015 07/22/15 Sold $43,900 +75.6% $44 / Sq Ft
06/27/2014 06/27/14 Sold $25,000 -- $25 / 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 $1,086 $29,250 $0 $0
2023 $1,086 $29,250 $0 $0
2022 $1,086 $29,250 $0 $0
2021 $1,185 $25,850 $0 $0
2020 $471 $10,275 $0 $0
2019 $471 $10,275 $0 $0
2018 $471 $10,275 $0 $0
2017 $471 $10,275 $0 $0
2016 $491 $0 $0 $0
2015 $491 $0 $0 $0
2014 $491 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1129063

East Tennessee REALTORS® MLS

APN: 082NB-012