NOT LISTED FOR SALE

545 Drakewood Rd Unit 55 Knoxville, TN 37924

Estimated Value: $306,195 - $337,000

3 Beds
2 Baths
1,288 Sq Ft
$246/Sq Ft Est. Value

Last Sold October 30, 2018

Last sale price $157,000 $122 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $1,731/month

27 Days on Market

Highlights

  • Deck
  • Traditional Architecture
  • 2 Car Attached Garage
  • Wooded Lot
  • 1 Fireplace
  • Cooling Available

About This Home

As of October 2018

This home is located at 545 Drakewood Rd Unit 55, Knoxville, TN 37924 since 06 September 2018 and is currently estimated at $316,549, approximately $245 per square foot. This property was built in 1999. 545 Drakewood Rd Unit 55 is a home located in Knox County with nearby schools including Carter Elementary School, Carter Middle School, and Carter High School.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $544

Year Built

  • Built in 1999

Lot Details

  • 0.45 Acre Lot
  • Level Lot
  • Wooded Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1,288 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Carter Elementary School
  • Carter Middle School
  • Carter High School

Utilities

  • Cooling Available
  • Central Heating
  • Heating System Uses Natural Gas

Community Details

  • Carter Mill Unit 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 062MA055

Home Details

Home Type

Single Family

Est. Annual Taxes

$544

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1999
  • Unit Levels: One
  • Year Built Details: EXIST
  • Special Features: None

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor, Kitchen Island
  • Appliances: Dishwasher, Microwave, Range
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 1288
  • Building Area Units: Square Feet
  • Living Area: 1288
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Attached
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Smoke Detector(s)
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Wooded, Level, Rolling Slope
  • Lot Size Acres: 0.45
  • Lot Size: 106.27x196.59xIrr
  • Lot Size Units: Acres
  • Parcel #: 062MA055
  • Property Attached Yn: No

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 544

MLS Schools

  • Elementary School: Carter Elementary
  • High School: Carter High School
  • Middle Or Junior School: Carter Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2024
Sold by
Spencer John A
Bought by
Jernigan Alexis Chanel Ritch and Jernigan Caleb Austin
Current Estimated Value
$316,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$257,717
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$66,675

Purchase Details

Listed on
Sep 6, 2018
Closed on
Oct 30, 2018
Sold by
Robinson Nancee
Bought by
Kitchens Tammy S and Gunnels Lowell T
List Price
$159,900
Sold Price
$157,000
Premium/Discount to List
-$2,900
-1.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.11%
Original Mortgage
$154,156
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 2, 2004
Sold by
Bank One
Bought by
Robinson Nancee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2003
Sold by
Grubbs Diane and Underwood Lynn
Bought by
Bank One

Purchase Details

Closed on
May 12, 2000
Sold by
Carter Mill Llc
Bought by
Grubbs Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,700
Interest Rate
9.69%
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
Jernigan Alexis Chanel Ritch $325,000 Foothills Title
Kitchens Tammy S $157,000 Warranty Title Ins Co Inc
Robinson Nancee $89,500 Knox Title Insurance Inc
Bank One $81,430 --
Grubbs Diane $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jernigan Alexis Chanel Ritch $260,000
Previous Owner Spencer John A $216,000
Previous Owner Kitchens Tammy S $154,156
Previous Owner Robinson Nancee $65,000
Previous Owner Grubbs Diane $90,700
Closed Grubbs Diane $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Sold $157,000 -1.8% $122 / Sq Ft
10/03/2018 10/03/18 Pending -- -- --
09/06/2018 09/06/18 For Sale $159,900 -- $124 / Sq Ft
Source: Realtracs

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 $712 $45,825 $0 $0
2023 $0 $45,825 $0 $0
2022 $712 $45,825 $0 $0
2021 $544 $25,675 $0 $0
2020 $544 $25,675 $0 $0
2019 $544 $25,675 $0 $0
2018 $544 $25,675 $0 $0
2017 $544 $25,675 $0 $0
2016 $570 $0 $0 $0
2015 $570 $0 $0 $0
2014 $570 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2935093

Realtracs

APN: 062MA-055