NOT LISTED FOR SALE

3506 Martin Luther King jr Ave Knoxville, TN 37914

Burlington Neighborhood

Estimated Value: $192,000 - $299,000

3 Beds
2 Baths
1,300 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $250,000 $192 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,566/month

30 Days on Market

Highlights

  • New Construction
  • No HOA
  • Tile Flooring
  • Traditional Architecture
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

As of March 2023

***100% Financing Available, First time homeowners programs available **** One year Builders home warranty***** Beautiful new built home. This home is the last of the 3 new builds on this block, so don't miss your chance to call this home.. Come see this 3 bedrooms 2 bath home. LVP flooring in every room. Custom walkin shower, dinningroom or space for a great home office, covered front porch, gorgeous spacious kitchen. Oversized back yard. So close to downtown and the new professional baseball stadium, bus stops, grocery shopping, public library and schools. Schedule a showing today!

Last Agent to Sell the Property

Melissa Nelson

Realty Executives Associates License #343949 Listed on: 01/04/2023

Realty Executives Associates

Last Buyer's Agent

Kelsey Willis

MaX House brokered eXp License #363767

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,957

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 6,098

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • Ceiling Fan
  • Crawl Space
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Parking

  • Side or Rear Entrance to Parking
  • Off-Street Parking

Additional Features

  • Covered Patio or Porch
  • 6,098 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • W L Warters 1St Subdivision

Listing and Financial Details

  • Assessor Parcel Number 082DR004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,957

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Directions: East on MLK house on the right
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2022
  • Lot Size Acres: 0.14
  • Subdivision Name: W L Warters 1St
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 1300.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Floors:Tile2: Yes
  • General Property Description:New Construction: Never Occupied
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Smoke Detector, Self Cleaning Oven, Microwave
  • Has Basement: Crawl Space
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Vinyl, Tile
  • ResoLivingAreaSource: Plans
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Fireplace:None15: Yes
  • Appliances:Self Cleaning Oven: Yes

Exterior Features

  • Exterior Features: Porch - Covered
  • Construction Type: Vinyl Siding
  • Exterior Features:Porch - Covered: Yes
  • Construction:Frame - Brick: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Side/Rear Entry, Off-Street Parking
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:SideRear Entry: Yes

Utilities

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

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 082DR004
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 28.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2023
Closed on
Mar 6, 2023
Sold by
Kms Home Improvement Llc
Bought by
Young Garry Orlando Jame
Seller's Agent
Melissa Nelson
Realty Executives Associates
Buyer's Agent
Kelsey Willis
MaX House brokered eXp
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Views
154
Current Estimated Value
$259,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,374
Avg. Annual Appreciation
1.48%
Original Mortgage
$242,500
Outstanding Balance
$235,457
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$23,917

Purchase Details

Closed on
Apr 14, 2022
Sold by
Kms Home Improvement Llc
Bought by
Knoxville Real Estate Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2021
Sold by
Smith Stephine R and Smith Field Residentail Llc
Bought by
Kms Home Improvement Llc and Knoxville Real Estate Management Llc

Purchase Details

Closed on
Jan 12, 2018
Sold by
Mpi Business Solutions Inc
Bought by
Global Property Management Llc

Purchase Details

Closed on
Jun 21, 2004
Sold by
Delinquent Taxpayers & Property Owners #
Bought by
Tipton Michael E and Tipton Betty L
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
Young Garry Orlando Jame $250,000 Concord Title
Knoxville Real Estate Management Llc -- None Listed On Document
Kms Home Improvement Llc $53,000 Genesis Real Estate Ttl Llc
Global Property Management Llc -- None Available
Tipton Michael E $6,328 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Garry Orlando Jame $242,500
Previous Owner Knoxville Real Estate Management Llc $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $250,000 -3.8% $192 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
01/12/2023 01/12/23 Price Changed $260,000 -1.9% $200 / Sq Ft
01/04/2023 01/04/23 For Sale $265,000 +3212.5% $204 / Sq Ft
06/03/2020 06/03/20 Sold $8,000 -- --
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 $1,957 $52,750 $0 $0
2023 $2,397 $64,625 $0 $0
2022 $43 $1,175 $0 $0
2021 $54 $1,175 $0 $0
2020 $54 $1,175 $0 $0
2019 $54 $1,175 $0 $0
2018 $54 $1,175 $0 $0
2017 $54 $1,175 $0 $0
2016 $59 $0 $0 $0
2015 $59 $0 $0 $0
2014 $59 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Melissa Nelson

    Seller's Agent in 2023

    Melissa Nelson

    Realty Executives Associates

    (865) 313-4978

    10 in this area

    117 Total Sales

    Melissa Nelson
    Section Image

  • K

    Buyer's Agent in 2023

    Kelsey Willis

    MaX House brokered eXp

  • B

    Buyer Co-Listing Agent in 2023

    Britany Boatwright

    Keller Williams Realty

  • C

    Seller's Agent in 2020

    Christie Reagan

    Honors Real Estate Services LLC

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1214617

East Tennessee REALTORS® MLS

APN: 082DR-004

Tennessee Knox County Knoxville 37914 Burlington

3506 Martin Luther King jr Ave, Knoxville, TN

This home is located at 3506 Martin Luther King jr Ave, Knoxville, TN 37914 since 04 January 2023 and is currently estimated at $259,374, approximately $199 per square foot. This property was built in 2022. 3506 Martin Luther King jr Ave is a home located in Knox County with nearby schools including Spring Hill 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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