NOT LISTED FOR SALE

Estimated Value: $177,000 - $203,391

2 Beds
1.5 Baths
1,000 Sq Ft
$186/Sq Ft Est. Value

Last Sold October 05, 2020

Last sale price $98,500 $98 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,098/month

12 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Attached Garage
  • Traditional Architecture
  • Covered Patio or Porch
  • 2-minute walk to S & J Colquitt Memorial Park

About This Home

As of October 2020

3401 Gap Rd is seconds off of I640 or Heiskell Avenue. From this home you can access any major interstate, minutes to downtown Knoxville, or the University of Tennessee. This 1000 +/- square foot home sits on a corner lot ready to be renovated to its true potential. This home offers a living room, formal dining room, and kitchen. In your updates walls could be removed to provide an open space for entertaining. Currently there are two bedrooms, one full bathroom, one half bathroom, and an additional room. With a vision you can have 2 full suites, laundry room, and pantry. Outside you will find 2 car carport with an amazing space for cook outs and gatherings. The back yard has a storage shed and room for kids or pets to play. Call for more or view the 3D Tour in the privacy of your home.

Last Agent to Sell the Property

Missy Sanders

Stephenson Realty & Auction License #332615 Listed on: 08/27/2020

Co-Listed By

Blythe Sanders

Stephenson Realty & Auction License #308776

Last Buyer's Agent

Jimmy McCann

Vose Property Group, Realty Executives License #351403

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $325

Year Built

  • Built in 1930

Lot Details

  • 6,011

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • Living Room
  • Dining Room
  • Utility Room
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Attached Garage
  • Parking Available
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Additional Features

  • Lot Dimensions are 40 x 150
  • Zoned Heating and Cooling System

Community Details

  • Marietta Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 081 IT 015

Home Details

Home Type

Single Family

Est. Annual Taxes

$325

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Directions: I-75 S to Knoxville. Stay straight onto I-275 S. Take the Heiskell Ave. exit, Exit 2 toward Central St. Turn right onto Heiskell Ave. Heiskell Ave. becomes Texas Ave. Turn right onto Stonewall St. Turn left onto Ohio Ave. Take the first right onto Gap Rd. Property located on the left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1930
  • Lot Size: 40 x 150
  • Co List Office Mls Id: 618
  • Co List Office Phone: 865-457-2327
  • Subdivision Name: Marietta Add
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: None
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Flooring: Hardwood, Vinyl

Exterior Features

  • Exterior Features: Patio, Porch - Covered, Deck
  • Construction Type: Vinyl Siding, Other, Brick
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Main Level, Off-Street Parking

Utilities

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

Lot Info

  • Parcel #: 081 IT 015

Tax Info

  • Tax Annual Amount: 325.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Oct 5, 2020
Sold by
Ward J Calvin
Bought by
Burks Brian C
Seller's Agent
Missy Sanders
Stephenson Realty & Auction
Buyer's Agent
Jimmy McCann
Vose Property Group, Realty Executives
Sold Price
$98,500
Current Estimated Value
$186,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,598
Avg. Annual Appreciation
13.89%
Original Mortgage
$95,545
Outstanding Balance
$85,365
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$100,733
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
Burks Brian C $98,500 Superior Title & Escrow Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burks Brian C $95,545
Previous Owner Summerour Carl $53,000
Previous Owner Summerour Carl $26,235
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2020 10/05/20 Sold $98,500 -- $99 / 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 $1,035 $27,900 $0 $0
2023 $1,035 $27,900 $0 $0
2022 $1,035 $27,900 $0 $0
2021 $607 $13,250 $0 $0
2020 $607 $13,250 $0 $0
2019 $607 $13,250 $0 $0
2018 $607 $13,250 $0 $0
2017 $607 $13,250 $0 $0
2016 $604 $0 $0 $0
2015 $604 $0 $0 $0
2014 $604 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1128001

East Tennessee REALTORS® MLS

APN: 081IT-015