NOT LISTED FOR SALE

408 E Kings Gate Rd Knoxville, TN 37934

Estimated Value: $466,000 - $628,565

3 Beds
2.5 Baths
3,800 Sq Ft
$146/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $385,000 $101 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,150/month

35 Days on Market

Highlights

  • 1.71 Acre Lot
  • Deck
  • Private Lot
  • Farragut Intermediate School Rated A-
  • Forest View
  • Wooded Lot

About This Home

As of June 2021

Don't miss out on the opportunity to own this 1.7+ acre basement ranch home with 3 car main level garage
in the heart of Farragut. Beautiful private lot w/ mature trees conveniently located just minutes from
Turkey Creek shopping/dining and the many great Farragut parks. Large open kitchen, dining, living and
sunroom. Master suite w/ sitting area and door leading to outside. Farragut schools. Note, due to the property being vacant for a few years the basement had some dampness, mildew and mold growth.
Pure Clean Restoration Services remedied these issues, see documents for work performed.

Last Agent to Sell the Property

Melissa Davis

The Ferguson Company License #351713 Listed on: 03/22/2021

Last Buyer's Agent

Chris Morton

Crye-Leike Realtors South, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,535

Year Built

  • Built in 1973

Lot Details

  • 1.71 Acre Lot
  • Wood Fence
  • Private Lot
  • Wooded Lot

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Cedar

Interior Spaces

  • 3,800 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Brick Fireplace
  • Fireplace Features Masonry
  • Insulated Windows
  • ENERGY STAR Qualified Doors
  • Forest Views
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Attached Garage
  • Parking Available

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Schools

  • Farragut Middle School
  • Farragut High School

Utilities

  • Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • Kings Gate Unit 1 Subdivision

Listing and Financial Details

  • Property Available on 4/2/21
  • Assessor Parcel Number 152FB007
  • Tax Block E

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,535

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Directions: From I-40 take N Campbell Station Rd to Kingston Pike/Hwy 70 and take RIGHT. Turn left onto Peterson Rd and go to the end. Turn left onto E Kings Gate Rd. Home on the left, SOP
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1973
  • Lot Size Acres: 1.71
  • Lot Size: 115Mx177.20xIRR
  • Subdivision Name: Kings Gate Unit 1
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Stove, Smoke Detector, Self Cleaning Oven
  • Has Basement: Finished, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Brick, Masonry, Wood Burning
  • Fireplaces: 2
  • Flooring: Laminate, Carpet, Tile
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Windows - Insulated, Fence - Wood, Porch - Covered, Deck, Cable Available (TV Only), Balcony, Doors - Energy Star
  • View: Wooded
  • Lot Features: Private, Wooded
  • Construction Type: Brick, Cedar
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Main Level

Utilities

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

Schools

  • High School: Farragut
  • Middle Or Junior School: Farragut

Lot Info

  • Lot Size Sq Ft: 74475.0
  • Parcel #: 152FB007
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2021-04-02

Tax Info

  • Tax Block: E

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jun 4, 2021
Sold by
Varney Geanie B
Bought by
Walker Brian and Walker Jennifer C
Seller's Agent
Melissa Davis
The Ferguson Company
Buyer's Agent
Chris Morton
Crye-Leike Realtors South, Inc
Sold Price
$385,000
Current Estimated Value
$554,641

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,641
Avg. Annual Appreciation
9.01%
Original Mortgage
$365,750
Outstanding Balance
$332,580
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$222,061
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
Walker Brian $385,000 Realty T&E Svcs Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walker Brian $365,750
Previous Owner Varney Douglas L $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $385,000 -- $101 / 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 $1,535 $98,775 $0 $0
2023 $1,535 $98,775 $0 $0
2022 $1,535 $98,775 $0 $0
2021 $931 $43,900 $0 $0
2020 $931 $43,900 $0 $0
2019 $931 $43,900 $0 $0
2018 $931 $43,900 $0 $0
2017 $931 $43,900 $0 $0
2016 $1,031 $0 $0 $0
2015 $1,031 $0 $0 $0
2014 $1,031 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1146571

East Tennessee REALTORS® MLS

APN: 152FB-007