NOT LISTED FOR SALE

4031 Rainbow Hill Ln Knoxville, TN 37938

Halls Crossroads Neighborhood

Estimated Value: $267,000 - $343,948

0.42 Acre
$746,993 Price per Acre
18,295 Sq Ft Lot

Last Sold May 17, 2019

Last sale price $28,000

Est. 1,020% increase in value since last sale

Current estimated payment $1,773/month

222 Days on Market

About This Lot

As of May 2019

Lot at the top of the subdivision giving a nice view. Ready to build on at a great price.

Last Agent to Sell the Property

Dewayne Whitt

Keller Williams Realty License #253430 Listed on: 09/18/2018

Keller Williams Realty

Co-Listed By

Chris Whitt

Keller Williams Realty License #259489

Last Buyer's Agent

Karen Loudermilk

Blue Key Properties LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $801

Lot Details

  • 0.42 Acre Lot
  • Lot Has A Rolling Slope
  • Finished Lot(s)
  • Zoning described as Zoned Residential

Property Views

  • Mountain Views

Community Details

  • Solomon Place Unit 6 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 028gf013

Property Details

Property Type

Land

Est. Annual Taxes

$801

Lot Details

0

Listing Details

  • Directions: Start out going east on Clinton Hwy/US-25W S/TN-9 toward Treemont Rd. (0.55 miles) Turn left on Merchant Dr. (0.82 miles) Becomes Cedar Ln. (2.80 miles) Turn slight left on N Broadway St/US-441 N/TN-33/TN-71. Continue to follow TN-33. (3.71 miles) Turn left on E Emory Rd/TN-131. (0.28 miles) Turn right on Andersonville Pike. (0.54 miles) Turn slight right on Hill Rd. (0.86 miles) Turn left on Solomon Dr. (0.12 miles) Turn right on Knowledge Ln. (0.26 miles) Turn left on Kingdom Ln. (0.13 miles) Turn left on Sunny Hill Ln. (0.8 mi) Right on Rainbow Hill, 4031 Rainbow Hill is on the right.
  • Prop. Type: Lots & Acreage
  • Lot Size Acres: 0.42
  • Lot Size: 79.12X229.94Xirr
  • Co List Office Mls Id: 2208
  • Co List Office Phone: 865-862-8318
  • Subdivision Name: Solomon Place Unit 6
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountain View
  • Lot Features: Rolling

Lot Info

  • Lot Size Sq Ft: 0.42
  • Parcel #: 028gf013
  • Zoning Description: Zoned Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2020
Sold by
Wells Christopher Shane
Bought by
Hensley Dennis J
Current Estimated Value
$313,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,382
Outstanding Balance
$97,056
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$216,681

Purchase Details

Listed on
Sep 18, 2018
Closed on
May 17, 2019
Sold by
Gideon Floyd C and West Michael J
Bought by
Wells Christopher Shane
Seller's Agent
Dewayne Whitt
Keller Williams Realty
Buyer's Agent
Dewayne Whitt
Keller Williams Realty
Sold Price
$28,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
46.93%
Original Mortgage
$132,000
Interest Rate
4%
Mortgage Type
Construction

Purchase Details

Closed on
May 30, 2007
Sold by
Holsinger Construction Llc
Bought by
Gideon Floyd C and West Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,751
Interest Rate
6.12%
Mortgage Type
Construction
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hensley Dennis J $136,728 Title Group Of Tennessee
Wells Christopher Shane $28,000 Broadway Title Inc
Gideon Floyd C $32,900 Real Estate Title Knoxville
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hensley Dennis J $53,500
Open Hensley Dennis J $109,382
Previous Owner Wells Christopher Shane $132,000
Previous Owner Gideon Floyd C $117,751
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $28,000 -- --
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 $801 $51,525 $0 $0
2023 $801 $51,525 $0 $0
2022 $801 $51,525 $0 $0
2021 $793 $37,400 $0 $0
2020 $793 $37,400 $0 $0
2019 $133 $6,250 $0 $0
2018 $133 $6,250 $0 $0
2017 $133 $6,250 $0 $0
2016 $145 $0 $0 $0
2015 $145 $0 $0 $0
2014 $145 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dewayne Whitt

    Seller's Agent in 2019

    Dewayne Whitt

    Keller Williams Realty

    (865) 862-8318

    15 in this area

    110 Total Sales

    Dewayne Whitt
    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Chris Whitt

    Keller Williams Realty

    (865) 862-8381

    14 in this area

    96 Total Sales

    Chris Whitt
    Section Image

  • K

    Buyer's Agent in 2019

    Karen Loudermilk

    Blue Key Properties LLC

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1056629

East Tennessee REALTORS® MLS

APN: 028GF-013

Tennessee Knox County Knoxville 37938 Halls Crossroads

4031 Rainbow Hill Ln, Knoxville, TN

This home is located at 4031 Rainbow Hill Ln, Knoxville, TN 37938 since 18 September 2018 and is currently estimated at $313,737. 4031 Rainbow Hill Ln is a home located in Knox County with nearby schools including Halls Elementary School, Halls High School, and Halls Middle 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.

Nearby Homes