NOT LISTED FOR SALE

3040 Gibbs Dr Knoxville, TN 37918

Historic Gibbs Drive Neighborhood

Estimated Value: $347,000 - $458,000

5 Beds
1.5 Baths
2,262 Sq Ft
$179/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $170,000 $75 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $2,373/month

320 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Wood Frame Window
  • Wood Flooring
  • Home Office
  • Living Room

About This Home

As of February 2015

1.5 story home located on Historic Gibbs Drive, Five bedrooms, 1.5 baths, Hardwood and pine floors, New carpet on upper level, 9' +- ceilings on main level, Interior and exterior freshly painted, Sunroom (10' x 10')not included in square footage, Central heating and cooling system (2011) main level, Baseboard heating on upper level, Fireplace is decorative only, Some electrical and plumbing updates, New 225 amp electrical box,Roof (5yrs), Two car carport

Last Agent to Sell the Property

David Ballenger

G. T. Ballenger, REALTOR License #211104 Listed on: 02/18/2014

Last Buyer's Agent

Justin Bailey

Realty Executives Associates, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $765

Year Built

  • Built in 1920

Lot Details

  • 0.8

Home Design

  • Traditional Architecture

Interior Spaces

  • 2,262 Sq Ft Home
  • 1 Fireplace
  • Wood Frame Window
  • Living Room
  • Dining Room
  • Home Office
  • Dishwasher
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • Lot Dimensions are 100' x 356.85 x 101.47 x 339.67
  • Central Heating and Cooling System

Community Details

  • Gibbs & Maloneys Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 058eb025

Home Details

Home Type

Single Family

Est. Annual Taxes

$765

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: North on Broadway into Fountain City to right on on Gibbs Drive across from Kroger to property on right
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1920
  • Lot Size: 100' x 356.85 x 101.47 x 339.67
  • Subdivision Name: Gibbs & Maloneys Add
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Has Basement: Unfinished
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Other
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Vinyl

Exterior Features

  • Exterior Features: Windows - Wood
  • Construction Type: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other

Utilities

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

Lot Info

  • Parcel #: 058eb025

Tax Info

  • Tax Annual Amount: 765.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2014
Closed on
Feb 6, 2015
Sold by
Bolton John Scott
Bought by
Mingie Lindsey
Seller's Agent
David Ballenger
G. T. Ballenger, REALTOR
Buyer's Agent
Justin Bailey
Realty Executives Associates, Inc.
Sold Price
$170,000
Current Estimated Value
$403,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,927
Avg. Annual Appreciation
8.52%
Original Mortgage
$166,920
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 18, 2014
Closed on
Jan 20, 2015
Sold by
Bolton John Scott and Bolton James Steven
Bought by
Bolton John Scott
Seller's Agent
David Ballenger
G. T. Ballenger, REALTOR
Buyer's Agent
Justin Bailey
Realty Executives Associates, Inc.
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 18, 2014
Closed on
Jan 7, 2015
Sold by
Bolton John Scott and Bolton John Scott
Bought by
Bolton John Scott
Seller's Agent
David Ballenger
G. T. Ballenger, REALTOR
Buyer's Agent
Justin Bailey
Realty Executives Associates, Inc.
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
3.25%
Mortgage Type
FHA
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
Mingie Lindsey $170,000 Southeast Title & Escrow Llc
Bolton John Scott -- None Available
Bolton John Scott -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mingie Lindsey $216,000
Closed Mingie Lindsey $28,500
Closed Mingie Lindsey $166,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2015 02/06/15 Sold $170,000 -- $75 / 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 $2,285 $61,600 $0 $0
2023 $2,285 $61,600 $0 $0
2022 $2,285 $61,600 $0 $0
2021 $1,969 $42,950 $0 $0
2020 $1,969 $42,950 $0 $0
2019 $1,969 $42,950 $0 $0
2018 $1,969 $42,950 $0 $0
2017 $1,969 $42,950 $0 $0
2016 $1,618 $0 $0 $0
2015 $1,618 $0 $0 $0
2014 $1,618 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    David Ballenger

    G. T. Ballenger, REALTOR

    (865) 661-1638

    43 Total Sales

    David Ballenger
    Section Image

  • J

    Buyer's Agent in 2015

    Justin Bailey

    Realty Executives Associates, Inc.

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 875368

East Tennessee REALTORS® MLS

APN: 058EB-025

Tennessee Knox County Knoxville 37918 Historic Gibbs Drive

3040 Gibbs Dr, Knoxville, TN

This home is located at 3040 Gibbs Dr, Knoxville, TN 37918 since 18 February 2014 and is currently estimated at $403,927, approximately $178 per square foot. This property was built in 1920. 3040 Gibbs Dr is a home located in Knox County with nearby schools including Fountain City Elementary School, Gresham Middle School, and Central 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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