NOT LISTED FOR SALE

408 Drakewood Rd Knoxville, TN 37924

Estimated Value: $339,000 - $396,000

3 Beds
2.5 Baths
1,620 Sq Ft
$227/Sq Ft Est. Value

Last Sold February 15, 2023

Last sale price $336,000 $207 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,060/month

Highlights

  • Craftsman Architecture
  • No HOA
  • Walk-In Closet
  • Deck
  • Eat-In Kitchen
  • Zoned Heating and Cooling System

About This Home

As of February 2023

Beautiful, nearly new home 15 minutes from downtown Knoxville! Spacious, open floor plan with LVP on main level. Granite countertops in kitchen. Double vanities in master bathroom. Convenient laundry room upstairs.

Last Agent to Sell the Property

Brook Holmes

Wallace License #349916 Listed on: 01/11/2023

Wallace

Last Buyer's Agent

Burlin Allen

ReMax Between the Lakes License #285400

ReMax Between the Lakes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $970

Year Built

  • Built in 2022

Lot Details

  • 0.25 Acre Lot
  • Privacy Fence

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Contemporary Architecture
  • Traditional Architecture
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • Open Floorplan
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck

Schools

  • Carter Middle School
  • Carter High School

Utilities

  • Zoned Heating and Cooling System
  • Internet Available

Community Details

  • No Home Owners Association
  • Carter Mill S/D Unit 1 Subdivision

Listing and Financial Details

  • Property Available on 1/14/23
  • Assessor Parcel Number 062MA025

Home Details

Home Type

Single Family

Est. Annual Taxes

$970

Year Built

Built in 2022

Lot Details

0

Parking

2

Listing Details

  • Directions: I-40 E to Strawberry Plains exit 398, Left on Strawberry Plains Pike, 3 miles, turn right into Carter Mill Subdivision. Turn right onto Drakewood. Home is on left.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2022
  • Lot Size Acres: 0.25
  • Subdivision Name: Carter Mill S/D Unit 1
  • Architectural Style: Craftsman, Contemporary, Traditional
  • Property Attached Yn: No
  • General Property Description:Fireplace: No
  • General Property Description:SqFt - Main Lvl: 580.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1040.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • General Property Description:Extra Storage: No
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Dining Area:KitchenDining Rm Co: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Dining Area:Breakfast Bar: Yes
  • Style:Craftsman: Yes
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Smoke Detector, Refrigerator, Microwave
  • Has Basement: Slab
  • Fireplace: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Other, None
  • Flooring: Carpet, Vinyl
  • ResoLivingAreaSource: Plans
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Fireplace:None15: Yes
  • Basement:Slab: Yes

Exterior Features

  • Exterior Features: Fence - Privacy, Deck
  • Construction Type: Vinyl Siding, Other
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Fence - Privacy: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Other

Utilities

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

Schools

  • High School: Carter
  • Middle Or Junior School: Carter

Lot Info

  • Lot Size Sq Ft: 10890.0
  • Parcel #: 062MA025
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2023-01-14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2023
Closed on
Feb 14, 2023
Sold by
Reid David
Bought by
Greer Ryan E
Seller's Agent
Brook Holmes
Wallace
Buyer's Agent
Burlin Allen
ReMax Between the Lakes
List Price
$336,000
Sold Price
$336,000
Views
9
Current Estimated Value
$363,308

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,308
Avg. Annual Appreciation
3.52%
Original Mortgage
$244,000
Outstanding Balance
$219,440
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$146,939

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 11, 2022
Sold by
Bodak Llc
Bought by
Reid David
Seller's Agent
Pete McClain
Realty Executives Associates
Buyer's Agent
Brook Holmes
Keller Williams
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$313,500
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 28, 2021
Sold by
Long Boat Landing Company Llc
Bought by
Bodak Llc

Purchase Details

Closed on
Jul 17, 2014
Sold by
Brown Ernest Donald and Brown Dianne
Bought by
Long Boat Land Co Llc

Purchase Details

Closed on
May 17, 2013
Sold by
Long Boat Land Co Llc
Bought by
Brown Ernest Donald and Brown Dianne

Purchase Details

Closed on
Apr 17, 2002
Sold by
Mill Carter
Bought by
Long Boat Land Company Llc
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
Greer Ryan E -- Blue Ridge Title
Reid David $330,000 None Listed On Document
Bodak Llc $25,000 Foundation Title
Long Boat Land Co Llc $15,000 Tennessee Valley Title Ins C
Brown Ernest Donald $45,000 None Available
Long Boat Land Company Llc $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greer Ryan E $244,000
Previous Owner Reid David $313,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2023 02/15/23 Sold $336,000 0.0% $207 / Sq Ft
01/15/2023 01/15/23 Pending -- -- --
01/14/2023 01/14/23 For Sale $336,000 +1.8% $207 / Sq Ft
08/12/2022 08/12/22 Sold $330,000 +1.5% $204 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $325,000 -- $201 / 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 $970 $62,425 $0 $0
2023 $1,262 $81,200 $0 $0
2022 $559 $35,975 $0 $0
2021 $64 $3,000 $0 $0
2020 $64 $3,000 $0 $0
2019 $64 $3,000 $0 $0
2018 $64 $3,000 $0 $0
2017 $64 $3,000 $0 $0
2016 $70 $0 $0 $0
2015 $70 $0 $0 $0
2014 $70 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Brook Holmes

    Wallace

    (931) 743-5422

    60 Total Sales

    Section Image
  • Burlin Allen

    Buyer's Agent in 2023

    Burlin Allen

    RE/MAX

    (865) 621-1776

    317 Total Sales

    Section Image

  • L

    Buyer's Agent in 2023

    LEON BOWMAN

    CENTURY 21 TIME REALTY, INC.

  • Pete McClain

    Seller's Agent in 2022

    Pete McClain

    Realty Executives Associates

    (865) 363-6331

    234 Total Sales

    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1215208

East Tennessee REALTORS® MLS

APN: 062MA-025

Tennessee Knox County Knoxville 37924

408 Drakewood Rd, Knoxville, TN

This home is located at 408 Drakewood Rd, Knoxville, TN 37924 since 11 January 2023 and is currently estimated at $367,075, approximately $226 per square foot. This property was built in 2022. 408 Drakewood Rd is a home located in Knox County with nearby schools including Carter Elementary School, Carter Middle School, and Carter 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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