NOT LISTED FOR SALE

5501 Beverly Square Way Unit 6 Knoxville, TN 37918

Shannondale Neighborhood

Estimated Value: $392,000 - $497,484

3 Beds
3 Baths
2,689 Sq Ft
$168/Sq Ft Est. Value

Last Sold July 11, 2019

Last sale price $260,000 $97 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,945/month

5 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Cooling Available
  • Shannondale Elementary School Rated A-
  • Separate Formal Living Room
  • Patio

About This Home

As of July 2019

Elegance abounds in this fabulous quality-built home, boasting a spacious open floor plan. Enter the main to see the stunning staircase with oak treads, 9 ft ceilings, voluminous living room opening to multi-windowed dining room with beautiful wainscoting. Posh Master suite w/lavish bath & soaring cathedral ceilings! 2nd bedroom w/cathedral ceilings & updated bath. Over-sized eat-in kitchen will handle all the family gatherings! Upstairs holds a huge bonus/living area with skylights, large 3rd bedroom/bath, an office space, plus a large walk-in attic storage area. Upgrades galore include heavy triple crown molding & pre-finished oak flooring on main level, granite kitchen countertops & subway tile backsplash, Bosch appliances, Kohler farmhouse sink. Transoms, solid wood doors, much more!

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,593

Year Built

  • Built in 2004

Lot Details

  • 305

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Property Attached
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,689 Sq Ft Home
  • Property has 2 Levels
  • 1 Fireplace
  • Separate Formal Living Room
  • Tile Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Security Gate
  • Fire and Smoke Detector

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Patio
  • Level Lot

Community Details

  • Association fees include pest control, exterior maintenance, insurance, ground maintenance
  • Beverly Square Condos Subdivision

Listing and Financial Details

  • Tax Lot 6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,593

Year Built

Built in 2004

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Other Condo
  • Architectural Style: Traditional
  • Year Built: 2004
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Primary Bedroom Main Floor
  • Appliances: Dishwasher, Disposal, Microwave, Oven
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Tile
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Has Basement: Slab
  • Above Grade Finished Sq Ft: 2689
  • Building Area Units: Square Feet
  • Living Area: 2689
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other, Brick
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup
  • Security: Security Gate, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Pest Control, Exterior Maintenance, Insurance, Maintenance Grounds
  • Association Fee: 175
  • Association Fee Frequency: Monthly
  • Amenities: Gated
  • Association: Yes
  • Common Interest: Condominium
  • Senior Community: No
  • ResoAssociationFeeFrequency: Monthly

Lot Info

  • Lot Features: Corner Lot, Level
  • Lot Size Units: Acres
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 2593
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2019
Closed on
Jul 11, 2019
Sold by
Archer George W and Thompson James
Bought by
Greenlee James and Greenlee Brenda
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Current Estimated Value
$455,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,987
Avg. Annual Appreciation
10.23%
Original Mortgage
$468,000
Outstanding Balance
$415,003
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$54,995

Purchase Details

Closed on
Sep 22, 2004
Sold by
Greg Smith Construction Co
Bought by
Archer George W and Archer Kathleen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,750
Interest Rate
5.65%
Mortgage Type
Credit Line Revolving
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
Greenlee James $260,000 Southeast Title & Escrow Llc
Archer George W $245,000 Acquire Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenlee James $468,000
Previous Owner Thompson Kathleen T Archer $161,000
Previous Owner Archer Kathleen T $170,200
Previous Owner Archer George W $37,750
Previous Owner Archer George W $195,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2019 07/11/19 Sold $260,000 -3.7% $97 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/24/2019 05/24/19 For Sale $269,900 -- $100 / 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 $3,271 $88,175 $0 $0
2023 $3,271 $88,175 $0 $0
2022 $3,271 $88,175 $0 $0
2021 $2,593 $56,575 $0 $0
2020 $2,593 $56,575 $0 $0
2019 $2,593 $56,575 $0 $0
2018 $2,593 $56,575 $0 $0
2017 $2,593 $56,575 $0 $0
2016 $2,899 $0 $0 $0
2015 $2,899 $0 $0 $0
2014 $2,899 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2850424

Realtracs

APN: 049IK-00100F