NOT LISTED FOR SALE

3720 Spruce Ridge Way Unit 2222 Knoxville, TN 37920

Estimated Value: $361,000 - $491,000

4 Beds
4 Baths
1,510 Sq Ft
$286/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $164,000 $109 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $2,724/month

1 Day on Market

Highlights

  • In Ground Pool
  • Forest View
  • Gazebo
  • Landscaped Professionally
  • Wooded Lot
  • Balcony

About This Home

As of August 2020

4 bedrooms with 4 private baths! This second floor, one level condo has a walk out balcony and new back-splash in the kitchen. Three tenants are month to month and one tenant lease ends Sept. 1st. Perfect opportunity for investment or to save money on your college students rent! All appliances including the washer and dryer stay. The gated community offers a Clubhouse, volleyball, basketball, and tennis courts, 5 pools, 2 pavilions, 2 dog parks, a tanning bed, shuttle, movie theater, on-site security and much more. This condo is tucked into the woods just a short shuttle ride away from UT campus and just up the road from UT hospital. All this and more, right outside your door, at The Woodlands!

Last Agent to Sell the Property

Angie Mullins

CENTURY 21 Legacy License #349652 Listed on: 07/17/2020

CENTURY 21 Legacy

Last Buyer's Agent

Ted Fisher

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $793

Year Built

  • Built in 2006

Lot Details

  • Landscaped Professionally
  • Wooded Lot

HOA Fees

  • $314 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • 1,510 Sq Ft Home
  • Vinyl Clad Windows
  • Forest Views

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Balcony
  • Gazebo

Utilities

  • Central Heating and Cooling System

Community Details

  • Association fees include fire protection, building exterior, association insurance, all amenities, trash, sewer, security, grounds maintenance, pest contract
  • Woodlands Of Knoxville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 108mb00106m

Home Details

Home Type

Single Family

Est. Annual Taxes

$793

Year Built

Built in 2006

Lot Details

0

HOA Fees

$314 per month

Listing Details

  • Directions: From Alcoa Hwy / US-129, take the Cherokee Trail / UT Hospital exit. Stay right at light and continue on Cherokee Trail for 1.2 miles. The Woodlands office is located in the Clubhouse on the right.
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Year Built: 2006
  • Subdivision Name: Woodlands of Knoxville
  • Architectural Style: Other
  • Property Attached Yn: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave, Washer
  • Has Basement: None
  • Fireplace: No
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Flooring: Laminate, Carpet, Tile

Exterior Features

  • Exterior Features: Windows - Vinyl, Pool - Swim (Ingrnd), Prof Landscaped, Balcony
  • View: Wooded
  • Lot Features: Wooded
  • Construction Type: Wood Siding, Brick
  • Other Structures: Gazebo

Utilities

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

Condo/Co-op/Association

  • Association Fee: 314.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Fire Protection, Building Exterior, Association Ins, All Amenities, Trash, Sewer, Security, Grounds Maintenance, Pest Contract

Lot Info

  • Parcel #: 108mb00106m

Tax Info

  • Tax Annual Amount: 792.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Aug 21, 2020
Sold by
Sullivan Terry Wayne and Sullivan Robin Lynn
Bought by
Dsm Bros Holdings Llc
Seller's Agent
Angie Mullins
CENTURY 21 Legacy
Buyer's Agent
Ted Fisher
Realty Executives Associates
Sold Price
$164,000
Current Estimated Value
$431,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,426
Avg. Annual Appreciation
21.11%
Original Mortgage
$175,000
Outstanding Balance
$155,653
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$275,773

Purchase Details

Listed on
Mar 5, 2019
Closed on
Apr 17, 2019
Sold by
Smith Helen G and Smith Mark Larry
Bought by
Sullivan Terry Wayne and Sullivan Robin Lynn
List Price
$135,000
Sold Price
$135,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.50%
Original Mortgage
$101,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2011
Sold by
Smith Helen G
Bought by
Smith Mark Larry

Purchase Details

Closed on
Aug 6, 2007
Sold by
The Woodlands Of Knoxville Ii Llc and Bradley Cindy
Bought by
Smith Helen G
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
Dsm Bros Holdings Llc $170,000 Concord Title
Sullivan Terry Wayne $135,000 Concord Title
Smith Mark Larry -- Knoxville Title Agency
Smith Helen G $212,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dsm Bros Holdings Llc $175,000
Previous Owner Sullivan Terry Wayne $101,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $164,000 +21.5% $109 / Sq Ft
04/18/2019 04/18/19 Sold $135,000 0.0% $89 / Sq Ft
03/17/2019 03/17/19 Pending -- -- --
03/05/2019 03/05/19 For Sale $135,000 -- $89 / 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 $918 $42,575 $0 $0
2023 $1,580 $42,575 $0 $0
2022 $1,580 $42,575 $0 $0
2021 $1,475 $32,175 $0 $0
2020 $1,475 $32,175 $0 $0
2019 $1,475 $32,175 $0 $0
2018 $1,475 $32,175 $0 $0
2017 $1,475 $32,175 $0 $0
2016 $2,090 $0 $0 $0
2015 $2,090 $0 $0 $0
2014 $1,129 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1123503

East Tennessee REALTORS® MLS

APN: 108MB-00106M