5115 Burkhart Rd Knoxville, TN 37918
Corinth NeighborhoodEstimated Value: $817,000 - $1,563,000
Highlights
- Home fronts a creek
- Mountain View
- Wooded Lot
- 69.29 Acre Lot
- Private Lot
- Traditional Architecture
About This Home
As of October 2021A true authentic piece of Knoxville history! Being offered for sale for the first time since the property was acquired in the 1940's - the 69 acre cattle farm & residence of the founder & owner of regionally renowned Lay's Meat Packing Company (Est. 1921), Kenneth T. Lay. The residence built in 1948, was constructed of native Crab Orchard stone with incredible craftsmanship & love. The property offers 6 rolling fenced pastures w/multiple barn structures - one designed to feed up to 100 cattle at one time, another multipurpose barn, & two for storing farm equipment. Gorgeous long range mountain views from the high point of the property & a spring fed creek that flows through the property - w/convenient access to I-640, this is an amazing opportunity w/great potential for its next owner(s)!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,927
Year Built
- Built in 1948
Lot Details
- 69.29 Acre Lot
- Home fronts a creek
- Home fronts a pond
- Private Lot
- Lot Has A Rolling Slope
- Wooded Lot
Parking
- 2 Car Attached Garage
- Garage Door Opener
Home Design
- Traditional Architecture
- Frame Construction
- Stone Siding
Interior Spaces
- 3,385 Sq Ft Home
- Property has 3 Levels
- Ceiling Fan
- 2 Fireplaces
- Separate Formal Living Room
- Mountain Views
- Intercom
- Finished Basement
Kitchen
- Microwave
- Dishwasher
- Trash Compactor
- Disposal
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Eco-Friendly Details
- Energy-Efficient Doors
Schools
- Ritta Elementary School
- Holston Middle School
- Gibbs High School
Utilities
- Central Air
- Heat Pump System
Listing and Financial Details
- Assessor Parcel Number 040 038
Matterport 3D Tour
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Purchase Details
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gilkey Joseph Wesley | $1,300,000 | Concord Title | |
| State Of Tennessee | $425 | -- | |
| Lay Patricia Ann | -- | -- |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/15/2021 10/15/21 | Sold | $1,300,000 | -18.8% | $384 / Sq Ft |
| 08/11/2021 08/11/21 | Pending | -- | -- | -- |
| 06/04/2021 06/04/21 | For Sale | $1,600,000 | -- | $473 / Sq Ft |
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $2,448 | $157,500 | $0 | $0 |
| 2024 | $2,448 | $157,500 | $0 | $0 |
| 2023 | $2,448 | $157,500 | $0 | $0 |
| 2022 | $2,448 | $157,500 | $0 | $0 |
| 2021 | $1,927 | $90,875 | $0 | $0 |
| 2020 | $1,927 | $90,875 | $0 | $0 |
| 2019 | $1,927 | $90,875 | $0 | $0 |
| 2018 | $1,927 | $90,875 | $0 | $0 |
| 2017 | $1,927 | $90,875 | $0 | $0 |
| 2016 | $2,223 | $0 | $0 | $0 |
| 2015 | $2,223 | $0 | $0 | $0 |
| 2014 | $2,223 | $0 | $0 | $0 |
Map
Source: Realtracs
MLS Number: 2842515
APN: 040-038
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