NOT LISTED FOR SALE

318 Mcnabb Ave Knoxville, TN 37920

Vestal Neighborhood

Estimated Value: $304,000 - $398,000

3 Beds
2 Baths
2,187 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 06, 2021

Last sale price $293,000 $134 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,078/month

63 Days on Market

Highlights

  • Wood Flooring
  • Zoned Heating System
  • Storm Doors
  • Covered Patio or Porch

About This Home

As of May 2021

Great Investment potential with three units and an extra lot to build on! Appointment required. Homes are occupied, do not disturb tenants. This duplex is being sold with 4408 Cypress Lane. Large Duplex(both units are three bedrooms and 1 bath) and two bedroom Single Family Home being sold as a package. Lots of hardwood floors and tons of character in both properties. Conventional prequalification or proof of funds required prior to showing.

Last Agent to Sell the Property

Phillip Schad

Southern Charm Homes License #333302 Listed on: 02/01/2021

Last Buyer's Agent

Holli McCray

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $703

Year Built

  • Built in 1925

Lot Details

  • 0.39

Home Design

  • Vinyl Siding
  • Cedar

Flooring

  • Wood
  • Tile

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Zoned Heating System
  • Heating unit installed on the ceiling
  • Heat Pump System

Community Details

  • 3 Units
  • Reda Franklin Property Subdivision

Listing and Financial Details

  • The owner pays for lawn maintenance
  • Assessor Parcel Number 123AF020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$703

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Directions: Chapman Hwy to Martin Mill Pike to McNabb. 318 McNabb duplex is on the corner of McNabb and Cypress Lane. 4408 Cypress Lane is the next house on the left and if also included with this sale.
  • Prop. Type: Multi-Family
  • Year Built: 1925
  • Lot Size: 430x135xIRR
  • Subdivision Name: Reda Franklin Property
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator
  • Owner Pays: Lawn Maintenance
  • Flooring: Hardwood, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Porch - Covered, Doors - Storm
  • Construction Type: Vinyl Siding, Cedar

Utilities

  • Heating: Ceiling, Heat Pump, Central
  • Heating Yn: Yes

Lot Info

  • Parcel #: 123AF020

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 17400.0

Tax Info

  • Tax Annual Amount: 702.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2021
Sold by
Renovate Knoxville Llc
Bought by
Verdeaux Investments Llc
Current Estimated Value
$357,486

Purchase Details

Listed on
Feb 1, 2021
Closed on
May 6, 2021
Sold by
Franklin Michael William and Franklin Gary Carl
Bought by
Renovate Knoxville Llc
Seller's Agent
Phillip Schad
Southern Charm Homes
Buyer's Agent
Holli McCray
Keller Williams Realty
Sold Price
$293,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.72%

Purchase Details

Closed on
Apr 22, 2013
Sold by
Franklin Reda J
Bought by
Franklin Michael William and Skinner Jenny Sue
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
Verdeaux Investments Llc -- Concord Title
Renovate Knoxville Llc $293,000 Concord Title
Franklin Michael William -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2021 05/06/21 Sold $293,000 -- $134 / 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 $1,563 $42,125 $0 $0
2023 $1,563 $42,125 $0 $0
2022 $1,563 $42,125 $0 $0
2021 $1,308 $28,525 $0 $0
2020 $1,308 $28,525 $0 $0
2019 $1,308 $28,525 $0 $0
2018 $1,308 $28,525 $0 $0
2017 $1,308 $28,525 $0 $0
2016 $1,380 $0 $0 $0
2015 $1,380 $0 $0 $0
2014 $1,380 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Phillip Schad

    Seller's Agent in 2021

    Phillip Schad

    Southern Charm Homes

    (865) 617-0702

    1 in this area

    36 Total Sales

    Phillip Schad
    Section Image

  • H

    Buyer's Agent in 2021

    Holli McCray

    Keller Williams Realty

  • A

    Buyer's Agent in 2021

    Ada Woodcock

    Assist-2-Sell Buyers & Sellers, LLC

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1141640

East Tennessee REALTORS® MLS

APN: 123AF-020

Tennessee Knox County Knoxville 37920 Vestal

318 Mcnabb Ave, Knoxville, TN

This home is located at 318 Mcnabb Ave, Knoxville, TN 37920 since 01 February 2021 and is currently estimated at $357,486, approximately $163 per square foot. This property was built in 1925. 318 Mcnabb Ave is a home located in Knox County with nearby schools including Mooreland Heights Elementary School, South Doyle Middle School, and South Doyle 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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