NOT LISTED FOR SALE

31 Market Square Knoxville, TN 37902

Downtown Knoxville Neighborhood

Estimated Value: $2,751,635

1 Bed
1 Bath
4,332 Sq Ft
$635/Sq Ft Est. Value

Last Sold October 08, 2019

Last sale price $1,490,000 $344 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $16,008/month

14 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Historic Home
  • Sequoyah Elementary School Rated A-
  • Zoned Heating and Cooling System
  • 2-minute walk to Krutch Park

About This Home

As of October 2019

This beautiful 2-story brick building is available for purchase for the first time in over 20 years. Located on Market Square in downtown Knoxville. The building's historic features include original hard wood floors, exposed brick, and large windows overlooking Market Square. Currently set up as mixed use with approx. 2,100 s.f. of first floor retail space on Market Square, the space has been leased to boutique shops and restaurants in the past. The second floor includes an open residential loft with a large skylight in the main space, an outdoor balcony on the back, one parking space in the alley directly behind the building, and includes the possibility of adding a roof top deck. Elevator in the front of the building to access second floor (separate entrance from retail).

Last Agent to Sell the Property

Laura Heinz

Lawler-Wood, LLC Listed on: 05/08/2019

Last Buyer's Agent

Non Member Non Member

Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,055

Year Built

  • Built in 1920

Lot Details

  • 2,410 Sq Ft Lot
  • Lot Dimensions are 19.5x224
  • Historic Home

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,332 Sq Ft Home
  • Wood Flooring
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Balcony
  • Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 094lf004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,055

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: Located on the northwest side of Market Square between Salon Barnes & Barnes and Knoxville Chocolate Co. Parking available in the city's Market Square garage, located behind the building.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1920
  • Lot Size Acres: 0.06
  • Lot Size: 19.5x224
  • Architectural Style: Historic
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: None
  • Flooring: Hardwood
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Balcony
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Other

Utilities

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

Lot Info

  • Lot Size Sq Ft: 2410.0
  • Parcel #: 094lf004
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5054.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2019
Closed on
Oct 8, 2019
Sold by
Dewhirst David Wright
Bought by
Knoxville Tva Emlpoyees Credit Union
Seller's Agent
Laura Heinz
Lawler-Wood, LLC
Buyer's Agent
Non Member Non Member
Non-Member Office
Sold Price
$1,490,000
Current Estimated Value
$2,751,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,261,635

Purchase Details

Closed on
Jan 3, 1997
Sold by
Scott Brady Ira
Bought by
Emily Dewhirst

Purchase Details

Closed on
Sep 18, 1995
Bought by
Scott Brady Ira
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
Knoxville Tva Emlpoyees Credit Union $1,490,000 Tennessee Valley Ttl Ins Co
Emily Dewhirst $85,000 --
Scott Brady Ira $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dewhirst Emily A $125,000
Previous Owner Dewhirst Emily $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2019 10/08/19 Sold $1,490,000 -- $344 / 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 $12,525 $505,920 $0 $0
2023 $20,387 $505,920 $0 $0
2022 $20,387 $505,920 $0 $0
2021 $19,176 $391,040 $0 $0
2020 $17,924 $391,040 $0 $0
2019 $9,404 $205,160 $0 $0
2018 $9,404 $205,160 $0 $0
2017 $9,404 $205,160 $0 $0
2016 $9,543 $0 $0 $0
2015 $9,543 $0 $0 $0
2014 $10,148 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Laura Heinz

    Lawler-Wood, LLC

  • N

    Buyer's Agent in 2019

    Non Member Non Member

    Non-Member Office

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1079530

East Tennessee REALTORS® MLS

APN: 094LF-004

Tennessee Knox County Knoxville 37902 Downtown Knoxville

31 Market Square, Knoxville, TN

This home is located at 31 Market Square, Knoxville, TN 37902 since 08 May 2019 and is currently priced at $2,751,635, approximately $635 per square foot. This property was built in 1920. 31 Market Square is a home located in Knox County with nearby schools including Sequoyah Elementary School, Vine Middle/Magnet, and Austin-East 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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