NOT LISTED FOR SALE

407 Sweetgum Dr Knoxville, TN 37934

Estimated Value: $614,000 - $677,381

5 Beds
3 Baths
3,000 Sq Ft
$216/Sq Ft Est. Value

Last Sold February 15, 2018

Last sale price $320,000 $107 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,689/month

54 Days on Market

Highlights

  • Deck
  • Wooded Lot
  • 2 Fireplaces
  • Farragut Intermediate School Rated A-
  • Traditional Architecture
  • Community Pool

About This Home

As of February 2018

Perfect family home in much desirable family-friendly Sedgefield Subdivision in Farragut. Bonus room on the 1st floor along with a fully accessible bedroom and bathroom with walk-in shower.Home has been updated several times in the past 20 years with a larger kitchen, family room, sunroom and flooring.Seller has spent $20K on a beautiful sunroom overlooking the backyard.Seller spent $100K on renovations to the kitchen and added a 19' x 17' family room with a gas fireplace and remote controlled blinds. Seller has spent $6K to construct a bedroom and full bath on the main level.In 2014,Seller spent $15K to install new carpet and renovate the master bath. Community amenities include a pool, multi purpose courts for tennis, pickleball,and basketball. Walking distance to Mayor Bob Leonard Park.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,375

Year Built

  • Built in 1988

Lot Details

  • 0.36 Acre Lot
  • Lot Has A Rolling Slope
  • Wooded Lot

HOA Fees

  • $24 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,000 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • 2 Fireplaces
  • Crawl Space
  • Fire and Smoke Detector
  • Property Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

  • Farragut Primary Elementary School
  • Farragut Middle School
  • Hardin Valley Academy High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Tax Lot 55
  • Assessor Parcel Number 151CA055

Community Details

Overview

  • Sedgefield Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,375

Year Built

Built in 1988

Lot Details

0

HOA Fees

$24 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1988
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Oven
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Carpet, Laminate
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 3000
  • Building Area Units: Square Feet
  • Living Area: 3000
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Owner

Exterior Features

  • Construction Type: Vinyl Siding, Other, Brick
  • Patio And Porch Features: Patio, Deck
  • Pool Private: No
  • View: Mountain(s)
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Other
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association Fee: 24
  • Association Fee Frequency: Monthly
  • Amenities: Pool
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Wooded, Rolling Slope
  • Lot Size Acres: 0.36
  • Lot Size: 117 x 156 x IRR
  • Lot Size Units: Acres
  • Parcel #: 151CA055
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1375
  • Tax Lot: 55

MLS Schools

  • Elementary School: Farragut Primary
  • High School: Hardin Valley Academy
  • Middle Or Junior School: Farragut Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2017
Closed on
Feb 15, 2018
Sold by
Olson Patrice S
Bought by
Burkett Richard B and Burkett Kirsten A
List Price
$332,900
Sold Price
$320,000
Premium/Discount to List
-$12,900
-3.88%
Current Estimated Value
$648,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,345
Avg. Annual Appreciation
9.83%
Original Mortgage
$299,669
Interest Rate
3.95%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 6, 1995
Bought by
Olson Daniel C
Source: Public Records

Range of Values:

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Average Value
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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
Burkett Richard B $320,000 Concord Title
Olson Daniel C $151,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burkett Richard B $284,000
Closed Burkett Richard Bradley $286,313
Closed Burkett Richard B $299,669
Previous Owner Olson Daniel C $217,119
Previous Owner Olson Daniel C $240,000
Previous Owner Olson Daniel C $240,000
Previous Owner Olson Daniel C $78,000
Previous Owner Olson Daniel C $141,750
Previous Owner Olson Daniel C $25,000
Previous Owner Olson Daniel C $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2018 02/15/18 Sold $320,000 -3.9% $107 / Sq Ft
12/31/2017 12/31/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $332,900 -- $111 / 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 $1,668 $107,325 $0 $0
2023 $1,668 $107,325 $0 $0
2022 $1,668 $107,325 $0 $0
2021 $1,318 $62,175 $0 $0
2020 $1,318 $62,175 $0 $0
2019 $1,318 $62,175 $0 $0
2018 $1,318 $62,175 $0 $0
2017 $1,318 $62,175 $0 $0
2016 $1,375 $0 $0 $0
2015 $1,375 $0 $0 $0
2014 $1,375 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2856596

Realtracs

APN: 151CA-055