NOT LISTED FOR SALE

5505 Palmetto Rd Knoxville, TN 37921

Cumberland Estates Neighborhood

Estimated Value: $307,000 - $345,000

3 Beds
2 Baths
1,479 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 28, 2017

Last sale price $144,000 $97 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $1,858/month

10 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Central Heating and Cooling System
  • Wood Flooring
  • Attached Garage

About This Home

As of August 2017

This beautiful home has been remodeled and updated to include New Kitchen, with New Stainless Steel appliances, cabinets, counter tops. New tile floors, new bathrooms, including showers, vanities, flooring, toilets. Fresh paint, both inside and outside. Newer roof. Original Hardwood floor . Huge, corner lot that is level and well shaded from the summer sun. So convenient to schools, shopping , parks and interstate.

Last Agent to Sell the Property

Brian Howard

Realty Executives Associates License #301329 Listed on: 07/07/2017

Realty Executives Associates

Last Buyer's Agent

Kanensa Wade

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $671

Year Built

  • Built in 1960

Lot Details

  • 0.44

Parking

  • Attached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction

Interior Spaces

  • 1,479 Sq Ft Home
  • 1 Fireplace
  • Aluminum Window Frames
  • Crawl Space
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Lot Dimensions are 161 x 120
  • Central Heating and Cooling System

Community Details

  • Cumberland Estate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 079me019

Home Details

Home Type

Single Family

Est. Annual Taxes

$671

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Directions: I-640 to western avenue exit. Turn Right onto western Ave and go approx' 2.1 Miles to, right onto Palmetto Rd. Home on top of hill to left on corner of Crestfield Rd. and Palmetto rd.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1960
  • Lot Size: 161 X 120
  • Subdivision Name: Cumberland Estate
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Flooring: Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Aluminum
  • Construction Type: Other, Brick

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached

Utilities

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

Lot Info

  • Parcel #: 079me019

Tax Info

  • Tax Annual Amount: 671.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Aug 28, 2017
Sold by
Mcdougal Steven F
Bought by
Young Carl F and Young Debbie E
Seller's Agent
Brian Howard
Realty Executives Associates
Buyer's Agent
Kanensa Wade
Keller Williams Realty
Sold Price
$144,000
Current Estimated Value
$320,952

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,952
Avg. Annual Appreciation
10.43%
Original Mortgage
$141,391
Outstanding Balance
$117,879
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$202,145

Purchase Details

Listed on
Jul 7, 2017
Closed on
Jul 28, 2017
Sold by
Rocky Top Investments Llc
Bought by
Mcdougal Steven F
Seller's Agent
Brian Howard
Realty Executives Associates
Buyer's Agent
Kanensa Wade
Keller Williams Realty
Sold Price
$144,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,391
Outstanding Balance
$117,879
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$202,145

Purchase Details

Closed on
May 3, 2017
Sold by
Meek Alvin Thomas
Bought by
Rocku Top Investments Llc

Purchase Details

Closed on
Apr 17, 1996
Sold by
Amelia Meek
Bought by
Thomas Meek Alvin

Purchase Details

Closed on
Mar 20, 1996
Sold by
Lovell Joseph H
Bought by
Amelia Meek
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
Young Carl F $144,000 Concord Title
Mcdougal Steven F -- None Available
Rocku Top Investments Llc $57,175 Foothills Title Services Inc
Thomas Meek Alvin -- --
Amelia Meek $68,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Carl F $141,391
Closed Mcdougal Steven F $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2017 08/28/17 Sold $144,000 -- $97 / 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 $1,771 $47,750 $0 $0
2023 $1,771 $47,750 $0 $0
2022 $1,771 $47,750 $0 $0
2021 $1,615 $35,225 $0 $0
2020 $1,615 $35,225 $0 $0
2019 $1,615 $35,225 $0 $0
2018 $1,615 $35,225 $0 $0
2017 $1,148 $25,050 $0 $0
2016 $1,244 $0 $0 $0
2015 $1,244 $0 $0 $0
2014 $1,244 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brian Howard

    Realty Executives Associates

    (865) 455-8578

    137 Total Sales

    Brian Howard
    Section Image

  • K

    Buyer's Agent in 2017

    Kanensa Wade

    Keller Williams Realty

  • C

    Buyer's Agent in 2017

    Cara Hicks

    Keller Williams Realty

    Section Image
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1009124

East Tennessee REALTORS® MLS

APN: 079ME-019

Tennessee Knox County Knoxville 37921 Cumberland Estates

5505 Palmetto Rd, Knoxville, TN

This home is located at 5505 Palmetto Rd, Knoxville, TN 37921 since 07 July 2017 and is currently estimated at $320,952, approximately $217 per square foot. This property was built in 1960. 5505 Palmetto Rd is a home located in Knox County with nearby schools including Pleasant Ridge Elementary School, Northwest Middle School, and Karns 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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