NOT LISTED FOR SALE

4813 Cannon Ridge Dr Knoxville, TN 37918

Shannondale Neighborhood

Estimated Value: $560,000 - $719,817

8 Beds
4 Baths
3,600 Sq Ft
$169/Sq Ft Est. Value

Last Sold July 02, 2021

Last sale price $395,000 $110 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,520/month

Highlights

  • Balcony
  • Patio
  • Carpet
  • Shannondale Elementary School Rated A-
  • Central Heating

About This Home

As of July 2021

Great opportunity for investors! 4 plex, all brick with ample parking. Each unit is a 2br, 1 bth, eat-in kitchen, living room and patio. Great location in Fountain City! County taxes only, one street cul-de-sac. All units currently rented.

Last Agent to Sell the Property

Dawn George

ReMax Preferred Properties, In License #256270 Listed on: 06/04/2021

Co-Listed By

Steven George

ReMax Preferred Properties, In License #346908

Last Buyer's Agent

Bedros Bozdogan

Keller Williams Realty License #317461

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,484

Year Built

  • Built in 1979

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 106 x 138

Home Design

  • 3,600 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Carpet
  • Vinyl

Outdoor Features

  • Balcony
  • Patio

Schools

  • Shannondale Elementary School
  • Gresham Middle School
  • Central High School

Utilities

  • Central Heating

Listing and Financial Details

  • Property Available on 6/4/21
  • The owner pays for taxes, lawn maintenance
  • Assessor Parcel Number 049IH004

Community Details

Overview

  • 4 Units
  • Cannon Ridge Subdivision

Building Details

  • Operating Expense $3,015
  • Net Operating Income $28,485

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,484

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Directions: Tazewell Pk to Shannondale Rd to right Cannon Ridge to units on left
  • Prop. Type: Multi-Family
  • Year Built: 1979
  • Lot Size Acres: 0.32
  • Lot Size: 106 x 138
  • Co List Office Mls Id: 245
  • Co List Office Phone: 865-694-8100
  • Subdivision Name: Cannon Ridge
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Smoke Detector, Refrigerator
  • Owner Pays: Taxes, Lawn Maintenance
  • Flooring: Carpet, Vinyl

Exterior Features

  • Exterior Features: Patio, Balcony
  • Construction Type: Brick

Utilities

  • Heating: Central
  • Heating Yn: Yes

Schools

  • Elementary School: Shannondale
  • High School: Central
  • Middle Or Junior School: Gresham

Lot Info

  • Lot Size Sq Ft: 13964.0
  • Parcel #: 049IH004
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Available Date: 2021-06-04

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 31500.0
  • Property Net Operating Income: 28485.0
  • Annual Operating Expense: 3015.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Jul 2, 2021
Sold by
Meadows Jamie C
Bought by
Ledwith Andrew M and Childs Michelle L
Seller's Agent
Dawn George
ReMax Preferred Properties, In
Buyer's Agent
Bedros Bozdogan
Keller Williams Realty
Sold Price
$395,000
Current Estimated Value
$609,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,204
Avg. Annual Appreciation
10.92%
Original Mortgage
$296,250
Outstanding Balance
$269,383
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$339,821

Purchase Details

Closed on
Jun 18, 2019
Sold by
Meadows Jamie C and Meadows Natalie K
Bought by
Meadows Jamie C

Purchase Details

Closed on
Apr 8, 2016
Sold by
Velas Martin and Velas Solange
Bought by
Meadows Jamie C and Meadows Natalie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,125
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2003
Sold by
Erwin Sharon A and Erwin Robert E
Bought by
Velas Martin and Velas Solange

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.89%

Purchase Details

Closed on
Sep 3, 1999
Sold by
Green Charles C and Green Eleanor F
Bought by
Erwin Robert E
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
Ledwith Andrew M $395,000 Concord Title
Meadows Jamie C -- Amrock
Meadows Jamie C $193,500 Title Associates Of Knoxvill
Velas Martin $153,000 --
Erwin Robert E $147,000 Title Professionals Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ledwith Andrew M $296,250
Previous Owner Meadows Jamie C $145,125
Previous Owner Velas Martin $95,000
Previous Owner Velas Martin $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $395,000 -- $110 / 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 $2,484 $159,840 $0 $0
2023 $2,484 $159,840 $0 $0
2022 $2,484 $159,840 $0 $0
2021 $1,515 $71,440 $0 $0
2020 $1,515 $71,440 $0 $0
2019 $1,515 $71,440 $0 $0
2018 $1,515 $71,440 $0 $0
2017 $1,515 $44,650 $0 $0
2016 $1,645 $0 $0 $0
2015 $1,645 $0 $0 $0
2014 $1,645 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dawn George

    Seller's Agent in 2021

    Dawn George

    RE/MAX

    (865) 300-4356

    6 in this area

    205 Total Sales

    Dawn George
    Section Image
  • Steven George

    Seller Co-Listing Agent in 2021

    Steven George

    RE/MAX

    (865) 740-4217

    6 in this area

    147 Total Sales

    Steven George
    Section Image

  • B

    Buyer's Agent in 2021

    Bedros Bozdogan

    Keller Williams Realty

    (865) 388-6223

    5 in this area

    360 Total Sales

    Bedros Bozdogan
    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1155291

East Tennessee REALTORS® MLS

APN: 049IH-004

Tennessee Knox County Knoxville 37918 Shannondale

4813 Cannon Ridge Dr, Knoxville, TN

This home is located at 4813 Cannon Ridge Dr, Knoxville, TN 37918 since 04 June 2021 and is currently estimated at $609,204, approximately $169 per square foot. This property was built in 1979. 4813 Cannon Ridge Dr is a home located in Knox County with nearby schools including Shannondale Elementary School, Gresham Middle School, and Central 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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