NOT LISTED FOR SALE

5501 Parker Rd Unit 1 Knoxville, TN 37924

Estimated Value: $371,000 - $422,000

3 Beds
2 Baths
1,622 Sq Ft
$250/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $117,500 $72 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $1,423/month

50 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Covered patio or porch
  • Lake, Pond or Stream
  • 2 Fireplaces
  • Humidifier

About This Home

As of July 2014

Centrally located to Knox Center Mall, I-40 / 1-640, Knoxville Downtown, Restaurants, Banking, grocery stores, garden center, next door to a public park and official greenway, The exterior is beautifully covered with slim queen brick, from the covered front porch enter the living room with adjacent kitchen with all appliances remaining, in the basement there’s a full bath and large room for use as an office/bed/game/hobby/den.

Last Agent to Sell the Property

Ralph Howard

Lands End Real Estate & Auctio Listed on: 05/10/2014

Last Buyer's Agent

David Conrad

Pro Team Auction & Real Estate License #353970

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $720

Year Built

  • Built in 1963

Lot Details

  • 0.66 Acre Lot

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Rough-In Plumbing

Interior Spaces

  • 1,622 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Brick Fireplace
  • Fireplace Features Masonry
  • Living Room
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Slate Flooring
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Lake, Pond or Stream
  • Covered patio or porch

Utilities

  • Humidifier
  • Zoned Heating and Cooling System
  • Heat Pump System

Community Details

  • Springplace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060ob002

Home Details

Home Type

Single Family

Est. Annual Taxes

$720

Year Built

Built in 1963

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Directions: Showing by listing agent, Front yard fruit trees: Almond tree, 2 Cherry trees, 2 Pear trees, Backyard Fruit trees: 2 Apples 2 Peach, Plum, Grape vine. Pond size: 3’ deep X 8’ X 10’, Roof: approx. 15 yrs. Old, Garden area: Approx. 30’ X 30’, Hardwood, carpet, vinyl, natural slate, Crate Myrtles, Knock-out Roses, Peonies, Lilac, and many more, Appliances: Refrigerator, Glass-Top Stove, Dishwasher, Microwave, Marble covered Island, Granite Counter-top, Ceramic wall tile back-splash, Eat-in Kitchen, Hall-bath: Ceramic tile, Fireplace (Brick): Living Room & Basement, Washer / Dryer do not convey.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1963
  • Lot Size Acres: 0.66
  • Lot Size: 129.8 X 207.6 X IRR
  • Subdivision Name: Springplace
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Grill, Humidifier, Refrigerator, Microwave
  • Has Basement: Partially Finished, Plumbed, Roughed In, Slab, Walkout
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Brick, Masonry, Wood Burning
  • Fireplaces: 2
  • Flooring: Carpet, Hardwood, Vinyl, Tile, Slate
  • ResoLivingAreaSource: Owner

Exterior Features

  • Exterior Features: Porch - Covered
  • Lot Features: Pond

Garage/Parking

  • Attached Garage: No
  • Parking Features: None, Off-Street Parking

Utilities

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

Condo/Co-op/Association

  • Association Fee: 75.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 28749.6
  • Parcel #: 060ob002
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 720.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 3, 2025
Sold by
Law Investments Llc
Bought by
Ozment Adam and Ozment Kristin
Current Estimated Value
$247,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,990
Outstanding Balance
$402,990
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$3,026

Purchase Details

Closed on
Oct 22, 2024
Sold by
Smith Kayla and Smith Robert J
Bought by
Law Investments Llc

Purchase Details

Closed on
Jul 30, 2019
Sold by
Flanigan Danielle M and Flanigan James
Bought by
Smith Robert J and Churchman Kayla

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,192
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
May 10, 2014
Closed on
Jul 29, 2014
Sold by
Myers Wade A and Thornton Shannon B
Bought by
Elmore Strange Danielle M
Seller's Agent
Ralph Howard
Lands End Real Estate & Auctio
Buyer's Agent
David Conrad
Pro Team Auction & Real Estate
Sold Price
$117,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.90%
Original Mortgage
$117,500
Interest Rate
4.52%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 24, 2010
Sold by
Thornton Jeanne B
Bought by
Myers Wade A and Thornton Shannon B

Purchase Details

Closed on
Jun 30, 2005
Sold by
Markelonis Virginia Jo B
Bought by
Thornton Jeanne B
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
Ozment Adam $424,200 Reli Settlement Solutions
Law Investments Llc $217,000 None Listed On Document
Smith Robert J $155,000 Southeast Title & Escrow Llc
Elmore Strange Danielle M $117,500 Tallent Title Group Inc
Myers Wade A -- None Available
Thornton Jeanne B $10,000 Abstract Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ozment Adam $402,990
Previous Owner Law Investments Llc $272,787
Previous Owner Smith Robert J $14,126
Previous Owner Smith Robert J $152,192
Previous Owner Smith Robert J $7,750
Previous Owner Elmore Strange Danielle M $117,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2014 07/31/14 Sold $117,500 -- $72 / 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 $733 $47,175 $0 $0
2023 $733 $47,175 $0 $0
2022 $733 $47,175 $0 $0
2021 $569 $26,825 $0 $0
2020 $569 $26,825 $0 $0
2019 $569 $26,825 $0 $0
2018 $569 $26,825 $0 $0
2017 $569 $26,825 $0 $0
2016 $720 $0 $0 $0
2015 $720 $0 $0 $0
2014 $720 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 886295

East Tennessee REALTORS® MLS

APN: 060OB-002