NOT LISTED FOR SALE

526 Cumberland Ridge Dr Knoxville, TN 37922

Concord Neighborhood

Estimated Value: $1,108,452

4 Beds
3.5 Baths
4,060 Sq Ft
$273/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $542,000 $133 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,831/month

71 Days on Market

Highlights

  • Home Theater
  • Landscaped Professionally
  • Private Lot
  • A.L. Lotts Elementary School Rated A-
  • Forest View
  • Traditional Architecture

About This Home

As of May 2016

THIS BRYAN TESTERMAN BUILT HOME HAS ALL THE FEATURES HE WAS KNOWN FOR. VERY OPEN FLOORPLAN FLOWS FROM THE FRONT DOOR THRU TO THE KITCHEN AREA. GLEAMING HARDWOODS ON THE MAIN LEVEL EXCEPT MBR. FAMILY RM WITH STACKED STONE FIREPLACE OPENS TO THE KITCHEN, BREAKFAST AREA & SCREENED PORCH WITH BRICK FLOOR. TWO TIERED BACKYARD WHICH IS FENCED-PERFECT FOR ONE SECTION FOR KIDS AND THE OTHER FOR PETS. THE HOME'S COLOR PALETTE IS RIGHT FROM RESTORATION HARDWARE AND POTTERY BARN WITH LIGHT KNOCK DOWN WALL FINISH AND EXTENSIVE TRIM. UPPER LEVEL OFFERS THREE BEDROOMS, TWO FULL BATHS AND TWO BONUS/MEDIA RM AREAS. MAINTAINED IN IMMACULATE CONDITION & READY FOR MOVE-IN.SECURITY,CENTRAL VAC, INSTALLED SPEAKER SYSTEM PLUS LAWN IRRIGATION.**SELLER WILL PAY BUYERS CITY TAXES FOR 2 YRS.

Last Agent to Sell the Property

Dick Brower

Realty Executives Associates License #228278 Listed on: 02/01/2016

Realty Executives Associates

Last Buyer's Agent

Pam Owen

Realty Executives Associates License #319236

Realty Executives Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,475

Year Built

  • Built in 2006

Lot Details

  • Fenced Yard
  • Landscaped Professionally
  • Private Lot

HOA Fees

  • $70 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 4,060 Sq Ft Home
  • Central Vacuum
  • 1 Fireplace
  • Insulated Windows
  • Dining Room
  • Home Theater
  • Home Office
  • Bonus Room
  • Screened Porch
  • Forest Views

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Brick
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Crawl Space

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Attached Garage
  • Parking Available
  • Garage Door Opener

Utilities

  • Humidifier
  • Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • Association fees include some amenities
  • Fox Creek Subdivision

Listing and Financial Details

  • Assessor Parcel Number 143de010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,475

Year Built

Built in 2006

Lot Details

0

HOA Fees

$70 per month

Listing Details

  • Directions: KINGSTON PIKE TO FOX ROAD NEAR PELLISSIPPI PKWY RT INTO SUBDIVISON TO RIGHT ON CUMBERLAND RIDGE HOUSE ON RT
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2006
  • Lot Size: 90X156 IRR APP
  • Subdivision Name: FOX CREEK
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Gas Stove, Humidifier, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave
  • Has Basement: Crawl Space, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Brick, Tile

Exterior Features

  • Exterior Features: Windows - Insulated, Fenced - Yard, Porch - Screened, Prof Landscaped, Cable Available (TV Only)
  • View: Wooded
  • Lot Features: Private
  • Construction Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Some Amenities

Lot Info

  • Parcel #: 143de010

Tax Info

  • Tax Annual Amount: 3475.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2024
Sold by
Penniman Eric Rudgers and Penniman Amy Suzanne
Bought by
Penniman Revocable Living Trust and Penniman
Current Estimated Value
$1,108,452

Purchase Details

Listed on
Feb 1, 2016
Closed on
May 31, 2016
Sold by
Kennedy Colburn E and Kennedy Susan J
Bought by
Penniman Eric R and Penniman Amy S
Seller's Agent
Dick Brower
Realty Executives Associates
Buyer's Agent
Pam Owen
Realty Executives Associates
Sold Price
$542,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%
Original Mortgage
$54,200
Interest Rate
3.61%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Sep 24, 2012
Closed on
Mar 18, 2013
Sold by
Testerman Bryan E
Bought by
Kennedy Colburn E and Kennedy Susan J
Seller's Agent
Jim Ford
Wallace
Buyer's Agent
Margie Wright
Hurst Real Estate & Auction
Sold Price
$500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.54%
Original Mortgage
$400,000
Interest Rate
3.56%
Mortgage Type
New Conventional
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
Penniman Revocable Living Trust -- None Listed On Document
Penniman Eric R $542,000 Southeast Title & Escrow Llc
Kennedy Colburn E $500,000 Lincoln Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Penniman Eric R $54,200
Previous Owner Penniman Eric R $433,600
Previous Owner Kennedy Colburn E $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2016 05/31/16 Sold $542,000 +8.4% $133 / Sq Ft
03/18/2013 03/18/13 Sold $500,000 -- $123 / 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 $8,646 $233,050 $0 $0
2023 $8,646 $233,050 $0 $0
2022 $8,646 $233,050 $0 $0
2021 $6,138 $133,900 $0 $0
2020 $6,138 $133,900 $0 $0
2019 $6,138 $133,900 $0 $0
2018 $6,138 $133,900 $0 $0
2017 $6,138 $133,900 $0 $0
2016 $6,433 $0 $0 $0
2015 $6,433 $0 $0 $0
2014 $6,433 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 952179

East Tennessee REALTORS® MLS

APN: 143DE-010