NOT LISTED FOR SALE

2925 Summershade Ln Knoxville, TN 37922

Concord Neighborhood

Estimated Value: $828,000 - $1,211,422

3 Beds
2.5 Baths
4,464 Sq Ft
$239/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $425,000 $95 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $5,865/month

70 Days on Market

Highlights

  • 1.5 Acre Lot
  • Deck
  • Wooded Lot
  • Northshore Elementary School Rated A-
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of September 2019

Loudon Lake Community! This Custom Built Steel Beam Construction Contemporary Prairie home sits beautifully in highly sought after neighborhood on its breathtaking 1.5 acres corner lot. Located in the beautiful and Private Lake community of Lakeshore Meadows tucked away on Fort Loudon Lake. The light pours in from the windows in this 3 level, 3 bedroom, 2 and a half bath home with plenty of open space. Home has gorgeous stone wood burning/gas fireplace, open concept, oversize 2 car garage, hardwood floors, and master on the main. The charming enclosed sunroom extends off from the kitchen and family room onto a sprawling deck perfect for entertainment. Lots of land, lots of storage, and lots of possibilities... This property is great for those looking to build an additional garage or other detached buildings. The landscape and lay of this home is truly a must see!!!If you desire the ultimate in comfort and peace, the highest standards in schools, dining, shopping, and recreation look no further, this home is perfect for you!!!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,048

Year Built

  • Built in 1989

Lot Details

  • 1.5 Acre Lot
  • Corner Lot
  • Level Lot
  • Wooded Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Stone Siding

Interior Spaces

  • 4,464 Sq Ft Home
  • Property has 3 Levels
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Separate Formal Living Room
  • Crawl Space
  • Attic Fan
  • Washer and Electric Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

  • Northshore Elementary School
  • Farragut Middle School
  • Farragut High School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 172 00102

Community Details

Overview

  • Property Of Kenneth Miller Subdivision

Recreation

  • Tennis Courts
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,048

Year Built

Built in 1989

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Year Built: 1989
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Appraiser
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Laminate, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 4464
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Frame, Stone, Other, Brick
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Attached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Attic Fan, Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump, Propane, Zoned, Other
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Security System, Smoke Detector(s)

Condo/Co-op/Association

  • Association Fee: 300
  • Association Fee Frequency: Annually
  • Amenities: Playground, Tennis Court(s)
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Green Features

  • Efficiency: Attic Fan, Fireplace Insert

Lot Info

  • Lot Features: Wooded, Corner Lot, Other, Level
  • Lot Size Acres: 1.5
  • Lot Size Units: Acres
  • Parcel #: 172 00102
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 3048
  • Tax Lot: 2

MLS Schools

  • Elementary School: Northshore Elementary School
  • High School: Farragut High School
  • Middle Or Junior School: Farragut Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Sep 12, 2019
Sold by
Ray Bill
Bought by
Mclean Stephen and Mclean Molly
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Current Estimated Value
$1,069,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,106
Avg. Annual Appreciation
16.18%
Original Mortgage
$340,000
Outstanding Balance
$297,777
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$771,329

Purchase Details

Closed on
Nov 13, 1998
Sold by
Gallagher Audrey T
Bought by
Swicegood Cindy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Mclean Stephen $425,000 Admiral Title Inc
Swicegood Cindy $265,000 Abstract Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclean Stephen $340,000
Previous Owner Swicegood Cindy $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2019 09/12/19 Sold $425,000 -10.5% $95 / Sq Ft
08/16/2019 08/16/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $475,000 -- $106 / Sq Ft
Source: Realtracs

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 $2,932 $188,650 $0 $0
2023 $2,932 $188,650 $0 $0
2022 $2,932 $188,650 $0 $0
2021 $3,048 $143,775 $0 $0
2020 $3,048 $143,775 $0 $0
2019 $3,048 $143,775 $0 $0
2018 $3,048 $143,775 $0 $0
2017 $3,048 $143,775 $0 $0
2016 $2,586 $0 $0 $0
2015 $2,586 $0 $0 $0
2014 $2,586 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2850257

Realtracs

APN: 172-00102

Tennessee Knox County Knoxville 37922 Concord

2925 Summershade Ln, Knoxville, TN

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