NOT LISTED FOR SALE

3831 Cherokee Woods Way Unit 204 Knoxville, TN 37920

Estimated Value: $313,000 - $401,000

3 Beds
3 Baths
1,332 Sq Ft
$269/Sq Ft Est. Value

Last Sold June 06, 2022

Last sale price $270,000 $203 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,380/month

64 Days on Market

Highlights

  • Tennis Courts
  • Wooded Lot
  • Community Pool
  • Clubhouse
  • Traditional Architecture
  • Cooling Available

About This Home

As of June 2022

Fully rented condo utilized as UT student housing in gated community. 3 bedrooms/3 bathrooms 2-story unit with instant income. Great opportunity for an investor. Walk-in closets in all bedrooms. Currently leased with Woodlands management. All appliances stay with the property. Amenities include clubhouse, 5 swimming pools, volleyball, basketball, tennis courts, dog parks, tanning bed, shuttle buses, movie theater room. Premier location overlooking pool and only a few steps to the clubhouse. 2020/2021 Updates including: new A/C unit, new microwave, new dishwasher, new flooring downstairs, new kitchen light fixture.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,383

Year Built

  • Built in 2006

Lot Details

  • 18.69

HOA Fees

  • $299 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Property Attached
  • Brick Exterior Construction
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,332 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Utilities

  • Cooling Available
  • Heat Pump System

Additional Features

  • Tennis Courts
  • Wooded Lot

Listing and Financial Details

  • Assessor Parcel Number 122DM00100R

Community Details

Overview

  • Association fees include pest control, exterior maintenance, insurance, trash, ground maintenance
  • Woodlands Of Knoxville Bldg 2 Unit 204 Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,383

Year Built

Built in 2006

Lot Details

0

HOA Fees

$299 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Architectural Style: Traditional
  • Year Built: 2006
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 8658516075
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Other
  • Above Grade Finished Sq Ft: 1332
  • Building Area Units: Square Feet
  • Living Area: 1332
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Tennis Court(s)
  • Construction Type: Frame, Vinyl Siding, Other, Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Security Gate, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Pest Control, Exterior Maintenance, Insurance, Trash, Maintenance Grounds
  • Association Fee: 299
  • Association Fee Frequency: Monthly
  • Amenities: Clubhouse, Pool, Tennis Court(s), Sidewalks, Gated
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Wooded
  • Lot Size: 0.03268% COM ELEM
  • Lot Size Units: Acres
  • Parcel #: 122DM00100R
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1383

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2022
Closed on
Jun 7, 2022
Sold by
Lyke Properties Llc
Bought by
Vanders Investments Llc
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Current Estimated Value
$358,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,576
Avg. Annual Appreciation
9.21%

Purchase Details

Closed on
Jul 26, 2006
Sold by
The Woodlands Of Knoxville Llc and Bradley Cindy
Bought by
Lyke Properties Llc
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
Vanders Investments Llc $270,000 Law Office Of W Derek Malcolm
Lyke Properties Llc $181,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lyke Robert C $166,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $270,000 -1.8% $203 / Sq Ft
05/02/2022 05/02/22 Pending -- -- --
02/27/2022 02/27/22 For Sale $275,000 -- $206 / Sq Ft
Source: Realtracs

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 $1,523 $41,050 $0 $0
2023 $1,523 $41,050 $0 $0
2022 $1,523 $41,050 $0 $0
2021 $1,383 $30,175 $0 $0
2020 $1,383 $30,175 $0 $0
2019 $1,383 $30,175 $0 $0
2018 $1,383 $30,175 $0 $0
2017 $1,383 $30,175 $0 $0
2016 $1,601 $0 $0 $0
2015 $1,601 $0 $0 $0
2014 $1,601 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2840184

Realtracs

APN: 122DM-00100R