$689,000

5000 Palace Ln Knoxville, TN 37918

Shannondale Neighborhood

Estimated payment $3,875/month

Total Views 197
3 Beds
2.5 Baths
3,403 Sq Ft
$202 Price per Sq Ft

Highlights

  • Landscaped Professionally
  • Deck
  • Traditional Architecture
  • Shannondale Elementary School Rated A-
  • Cathedral Ceiling
  • Wood Flooring

About This Home

SPLENDID CORNER LOT/ GARDEN BORDERED CUL-DE-SAC LOCATION. Handsome & strong, this all brick 2-story home offers abundant ''space and grace''. Main Level Primary Suite, open flow Vaulted Great Room & adj. Dining Room - flanked by a wide, welcoming Foyer & Sitting Room/ Office. Well-appointed Kitchen with Breakfast Room/ Rear Deck & Screened Porch -- with breathtaking rear views of neighboring lush gardens. Upstairs presents two + spacious Bedrooms w/ shared Bath, Hobby Room (could be bedroom #4), Leisure Loft and nice storage. New replacement windows, recent HVAC and more. Wonderful neighborhood w/ close proximity to prominent Fountain City Amenities. THIS ONE HAS MUCH TO OFFER!!

Listing Agent

Jon Brock

Realty Executives Associates License #261677 Listed on: 09/08/2025

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,649

Year Built

  • Built in 1995

Lot Details

  • 10,454 Sq Ft Lot
  • Cul-De-Sac
  • Landscaped Professionally
  • Corner Lot
  • Level Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,403 Sq Ft Home
  • Central Vacuum
  • Tray Ceiling
  • Cathedral Ceiling
  • Gas Log Fireplace
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Drapes & Rods
  • Great Room
  • Combination Dining and Living Room
  • Breakfast Room
  • Home Office
  • Bonus Room
  • Screened Porch
  • Storage Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Whirlpool Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Internet Available
  • Cable TV Available

Community Details

  • Association fees include some amenities
  • Fountain Gate S/D Unit #2 Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 049JC037

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,649

Year Built

Built in 1995

Lot Details

0

HOA Fees

$13 per month

Parking

3

Listing Details

  • Directions: Tazewell Pike East to Left into Fountain Gate S/D to Right on Palace Lane to property on Right.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Single Family
  • Year Built: 1995
  • Lot Size Acres: 0.24
  • Lot Size: 130.25 x 126.68 x IRR
  • Subdivision Name: Fountain Gate S/D Unit #2
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Structure Type: 2 Story
  • Lot Description:Rolling Slope: Yes
  • Lot Description:Cul-De-Sac: Yes
  • Lot Description:Corner Lot: Yes
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2155.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1248.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): 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:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Dining Area:Living RmDining Rm: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Misc Features:Drapes: Yes
  • Dining Area:Breakfast Room2: Yes
  • Misc Features:Trey Ceiling: Yes
  • Misc Features:Whirlpool Tub: Yes
  • Location Tax Legal Info:Property Sub-Type: Residential
  • Appliances Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Appliances: Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Basement YN: No
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Vinyl, Tile
  • Interior Amenities: Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Eat-in Kitchen, Central Vacuum
  • Window Features: Windows - Insulated, Window - Energy Star, Drapes
  • Fireplace:Gas Log: Yes
  • Basement:Crawl Space: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Security Alarm: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Appliances:Self Cleaning Oven: Yes
  • Other Rooms:DenStudy: Yes
  • Other Rooms:Great Room: Yes
  • Misc Features:Island in Kitchen: Yes
  • Appliances:Central Vacuum: Yes
  • Other Rooms:Office: Yes

Exterior Features

  • Exterior Features: Prof Landscaped
  • View: Other
  • Lot Features: Cul-De-Sac, Corner Lot, Level, Rolling Slope
  • Construction Type: Brick
  • Patio And Porch Features: Porch - Screened, Deck
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Screened: Yes
  • Construction:Frame - Brick: Yes
  • Exterior Features:Cable Available (TV Only): Yes
  • Exterior Features:Windows - Insulated: Yes
  • Construction:Brick5: Yes
  • Exterior Features:Prof Landscaped: Yes
  • Exterior Features:Window - Energy Star: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Parking Features: Garage Faces Side, Garage Door Opener, Attached, Main Level
  • GarageParking:Attached2: Yes
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Main Level: Yes
  • GarageParking Garage Faces Side: Yes

Utilities

  • Cooling: Central Cooling
  • Sewer: Public Sewer
  • Security: Security Alarm, Smoke Detector
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available (TV Only)
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 150.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Association/Amenities

  • Association Fee Incl:Some Amenities: Yes

Fee Information

  • Association Fee Includes: Some Amenities

Schools

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

Lot Info

  • Lot Size Sq Ft: 10454.4
  • Parcel #: 049JC037

Tax Info

  • Tax Annual Amount: 1648.7

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $1,649 $106,100 $0 $0
2023 $1,649 $106,100 $0 $0
2022 $1,649 $106,100 $0 $0
2021 $1,846 $87,075 $0 $0
2020 $1,846 $87,075 $0 $0
2019 $1,846 $87,075 $0 $0
2018 $1,846 $87,075 $0 $0
2017 $1,846 $87,075 $0 $0
2016 $2,028 $0 $0 $0
2015 $2,028 $0 $0 $0
2014 $2,028 $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2025 09/08/25 For Sale $689,000 +52.8% $202 / Sq Ft
12/10/2021 12/10/21 Sold $451,000 -- $133 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Fiduciary Deed $451,000 None Listed On Document
Deed $209,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $405,900 New Conventional
Previous Owner $50,000 Unknown
Previous Owner $77,000 Unknown
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1314613

East Tennessee REALTORS® MLS

APN: 049JC-037

Tennessee Knox County Knoxville 37918 Shannondale

5000 Palace Ln, Knoxville, TN

This home is located at 5000 Palace Ln, Knoxville, TN 37918 and is currently priced at $689,000, approximately $202 per square foot. This property was built in 1995. 5000 Palace Ln 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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Jon Brock
Listing Agent
Jon Brock
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Realty Executives Associates
(865) 424-7337