PENDING
$17K PRICE DROP
3316 Lay Ave Knoxville, TN 37914
East Knoxville NeighborhoodEstimated payment $1,572/month
Total Views
110,661
3
Beds
1.5
Baths
1,484
Sq Ft
$181
Price per Sq Ft
Highlights
- City View
- Main Floor Primary Bedroom
- Formal Dining Room
- Traditional Architecture
- No HOA
- Storage Room
About This Home
Just REDUCED to $268,000! PLUS, Sellers will consider up to $3,000 toward buyer closing costs with an acceptable offer —don't miss this opportunity! This adorable basement rancher is nestled in the downtown Knoxville area. This delightful home boasts an array of fresh updates and thoughtful features that make it truly special. Enjoy peace of mind with a sturdy, BRAND NEW ROOF and new gutters. The newly finished basement is enhanced with custom shelving, cabinets, bookcases, a dedicated craft area and a handy utility sink—perfect for hobbies and storage. The kitchen has been updated with painted cabinets and an added pantry area. Custom-built cabinets in the living room add style and functionality, offering ample storage. A cozy bench paired with shelving in the quaint dining room creates an inviting place to congregate and a cute coffee nook. Newly built pergola and patio off the basement entrance—serenity at its finest. This thoughtfully designed outdoor space offers the perfect retreat for relaxation and entertaining alike. Refreshed front and back landscaping - check out the garden areas in the back. Fresh paint throughout most of the interior adds a clean, updated look, and added shelving in the hall closet maximizes organization. A new vent with a humidity sensor in the full bathroom ensures optimal comfort. A door has been added to the unfinished area in the basement, along with shelving, providing additional storage. This home is a wonderful blend of original charm and functional updates. Don't miss the opportunity to make this beautifully refreshed basement rancher your own! The new roof is shingle with a transferrable warranty to the buyer(s) - labor is for 2 years and the shingles themselves are for 15 years.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,730
Year Built
- Built in 1971
Lot Details
- 0.27 Acre Lot
- Level Lot
Home Design
- Traditional Architecture
- Block Foundation
- Frame Construction
- Aluminum Siding
Interior Spaces
- 1,484 Sq Ft Home
- Insulated Windows
- Formal Dining Room
- Storage Room
- Washer and Dryer Hookup
- Vinyl Flooring
- City Views
- Fire and Smoke Detector
- Range
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
Finished Basement
- Walk-Out Basement
- Recreation or Family Area in Basement
Parking
- Garage
- Basement Garage
- On-Street Parking
- Off-Street Parking
Schools
- Spring Hill Elementary School
- Vine/Magnet Middle School
- Austin East/Magnet High School
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- Oakland Park Add Unit 3 Subdivision
Listing and Financial Details
- Property Available on 7/19/25
- Assessor Parcel Number 082EJ002
- Tax Block D
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,730 | $46,625 | $0 | $0 |
| 2023 | $1,730 | $46,625 | $0 | $0 |
| 2022 | $797 | $21,475 | $0 | $0 |
| 2021 | $447 | $9,750 | $0 | $0 |
| 2020 | $447 | $9,750 | $0 | $0 |
| 2019 | $447 | $9,750 | $0 | $0 |
| 2018 | $447 | $9,750 | $0 | $0 |
| 2017 | $447 | $9,750 | $0 | $0 |
| 2016 | $527 | $0 | $0 | $0 |
| 2015 | $527 | $0 | $0 | $0 |
| 2014 | $527 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/30/2025 08/30/25 | Pending | -- | -- | -- |
| 08/30/2025 08/30/25 | Off Market | $268,000 | -- | -- |
| 08/20/2025 08/20/25 | Price Changed | $268,000 | -2.5% | $181 / Sq Ft |
| 08/14/2025 08/14/25 | Price Changed | $275,000 | -1.8% | $185 / Sq Ft |
| 08/06/2025 08/06/25 | Price Changed | $279,999 | -1.8% | $189 / Sq Ft |
| 07/19/2025 07/19/25 | For Sale | $285,000 | +42.5% | $192 / Sq Ft |
| 01/19/2023 01/19/23 | Sold | $200,000 | +0.1% | $185 / Sq Ft |
| 12/16/2022 12/16/22 | Pending | -- | -- | -- |
| 11/17/2022 11/17/22 | For Sale | $199,900 | -- | $185 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Independence Title | |
| Warranty Deed | $80,000 | None Listed On Document | |
| Warranty Deed | $26,000 | Title Services | |
| Trustee Deed | $36,400 | -- | |
| Deed | $37,000 | -- | |
| Deed | $27,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $190,000 | New Conventional | |
| Previous Owner | $131,370 | New Conventional | |
| Previous Owner | $44,200 | Unknown | |
| Previous Owner | $39,000 | Unknown | |
| Previous Owner | $18,200 | No Value Available |
Source: Public Records
About the Listing Agent
I love real estate—the people, the properties, the excitement, the commitment, the continuing education, the sales process, the negotiations… everything about it! Real estate has been in my family for years, and I have had the privilege of enjoying this profession since 2010. My career began on the beautiful island of St. Croix in the U.S. Virgin Islands, where I assisted both buyers and sellers with local real estate and helped vacationers find stunning waterfront and island luxury. Life then
Katie's Other Listings
Source: East Tennessee REALTORS® MLS
MLS Number: 1308791
APN: 082EJ-002
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.
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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