NOT LISTED FOR SALE

5220 Magic Lantern Dr Knoxville, TN 37918

Corinth Neighborhood

Estimated Value: $492,694 - $508,000

4 Beds
2.5 Baths
2,514 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $190,000 $76 Per Sq Ft

Est. 164% increase in value since last sale

Current estimated payment $2,832/month

86 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Covered Patio or Porch
  • Wood Flooring
  • No HOA
  • Attached Garage

About This Home

As of May 2013

Beautiful home with 4 bedrooms and 2.5 bath, approx. 2514 sq. ft., and three car garage. Located on a corner lot in a great subdivision among nice home and convenient to shopping and I-640.

Last Agent to Sell the Property

John King

King Real Estate Services,Inc License #262831 Listed on: 02/19/2013

Last Buyer's Agent

KIMBERLY WILSON

Crye-Leike, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,310

Year Built

  • Built in 2006

Lot Details

  • 0.28

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,514 Sq Ft Home
  • 1 Fireplace
  • Insulated Windows
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Attached Garage
  • Parking Available
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Summer Rose Subdivision

Listing and Financial Details

  • Assessor Parcel Number 049KG031

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,310

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Directions: Take Tazewell Pike to Murphy Rd-turn right on Summer Rose-go to stop sign-turn left-then take next left onto Magic Lantern.Sign on property.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2006
  • Lot Size: 162.37x119.9xIRR
  • Subdivision Name: Summer Rose
  • Architectural Style: Traditional
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Smoke Detector, Microwave
  • Has Basement: Slab
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Insulated, Patio, Porch - Covered, Cable Available (TV Only)
  • Construction Type: Vinyl Siding, Brick

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Garage Door Opener, Attached, Side/Rear Entry, Main Level, 3 Car Garage

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 049KG031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2013
Closed on
May 17, 2013
Sold by
Commercial Bank Inc
Bought by
Patel Reena D and Patel Daxesh K
Seller's Agent
John King
King Real Estate Services,Inc
Buyer's Agent
John King
King Real Estate Services,Inc
Sold Price
$190,000
Current Estimated Value
$500,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,674
Avg. Annual Appreciation
8.19%
Original Mortgage
$90,000
Outstanding Balance
$19,955
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$480,719

Purchase Details

Closed on
Aug 28, 2009
Sold by
Claiborne Property Group
Bought by
Commercial Bank
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
Patel Reena D $190,000 None Available
Commercial Bank $190,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Reena D $90,000
Previous Owner Claiborne Property Group $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2013 05/17/13 Sold $190,000 -- $76 / 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 $1,310 $84,300 $0 $0
2023 $1,310 $84,300 $0 $0
2022 $1,310 $84,300 $0 $0
2021 $1,314 $61,975 $0 $0
2020 $1,314 $61,975 $0 $0
2019 $1,314 $61,975 $0 $0
2018 $1,314 $61,975 $0 $0
2017 $1,314 $61,975 $0 $0
2016 $1,148 $0 $0 $0
2015 $1,148 $0 $0 $0
2014 $1,148 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    John King

    King Real Estate Services,Inc

    (865) 740-1181

    77 Total Sales

    John King
    Section Image

  • K

    Buyer's Agent in 2013

    KIMBERLY WILSON

    Crye-Leike, REALTORS

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 832524

East Tennessee REALTORS® MLS

APN: 049KG-031

Tennessee Knox County Knoxville 37918 Corinth

5220 Magic Lantern Dr, Knoxville, TN

This home is located at 5220 Magic Lantern Dr, Knoxville, TN 37918 since 19 February 2013 and is currently estimated at $500,674, approximately $199 per square foot. This property was built in 2006. 5220 Magic Lantern Dr is a home located in Knox County with nearby schools including Ritta 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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