NOT LISTED FOR SALE

5908 Fayette Ln Knoxville, TN 37924

Estimated Value: $300,000 - $316,000

3 Beds
2 Baths
1,632 Sq Ft
$188/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $195,000 $119 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,733/month

8 Days on Market

Highlights

  • RV Access or Parking
  • Traditional Architecture
  • Fenced Yard
  • Countryside Views
  • Wood Flooring
  • Attached Garage

About This Home

As of November 2020

Enjoy the sights and sounds of country living in this adorable 3 bedroom, 2 full bathroom renovated cottage with a finished basement. Granite counters, stainless appliances, tile backsplash, updated bathrooms with tile surrounds in shower, oak hardwood floors and tile in all the wet areas. You are going to love this large private, 1/2 acre, corner lot with mature trees. Fenced yard, paver patio with fire pit is perfect for hosting friends or family! Main level entrance with access ramp and lower level entrance has multiple parking spots and attached garage. Located within minutes of shopping, restaurants, and easy access to interstates or downtown Knoxville!

Last Agent to Sell the Property

Joshua Belcher

Keller Williams Signature License #330085 Listed on: 10/08/2020

Keller Williams Signature

Last Buyer's Agent

Crisie Jennings

Keller Williams Realty License #345399

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $689

Year Built

  • Built in 1965

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 120 x 175
  • Fenced Yard
  • Chain Link Fence

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,632 Sq Ft Home
  • Vinyl Clad Windows
  • Countryside Views
  • Finished Basement

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Basement Garage
  • Side or Rear Entrance to Parking
  • RV Access or Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Zoned Heating and Cooling System
  • Cable TV Available

Community Details

  • Joe Millers 2Nd Add Unit 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 060GC002

Home Details

Home Type

Single Family

Est. Annual Taxes

$689

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Directions: Millertown Pike to Harris Road, to Fayette Drive
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1965
  • Lot Size Acres: 0.5
  • Lot Size: 120 X 175
  • Subdivision Name: Joe Millers 2Nd Add Unit 1
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Self Cleaning Oven, Microwave
  • Has Basement: Finished
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Vinyl, Fenced - Yard, Patio, Fence - Chain, Cable Available (TV Only)
  • View: Country Setting
  • Construction Type: Vinyl Siding, Brick
  • Other Structures: Storage

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Attached, Basement, RV Parking, Side/Rear Entry

Utilities

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

Lot Info

  • Lot Size Sq Ft: 21906.0
  • Parcel #: 060GC002
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Nov 16, 2020
Sold by
Smith Sher R
Bought by
Hompesch Charles Raymond and Hompesch Catherine D
Seller's Agent
Joshua Belcher
Keller Williams Signature
Buyer's Agent
Crisie Jennings
Keller Williams Realty
Sold Price
$195,000
Current Estimated Value
$307,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,597
Avg. Annual Appreciation
10.00%
Original Mortgage
$178,062
Outstanding Balance
$159,171
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$148,426

Purchase Details

Listed on
May 17, 2018
Closed on
Jun 15, 2018
Sold by
Walker George W and Walker Sharon K
Bought by
Smith Sher R
Seller's Agent
Frances Vineyard
Southern Homes & Farms, LLC
Buyer's Agent
Jeremy Watson
Keller Williams Realty
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%
Original Mortgage
$150,350
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2000
Sold by
Renee Jones Patricia and Renee George D
Bought by
Walker George W and Walker Sharon K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,920
Interest Rate
8.27%

Purchase Details

Closed on
Feb 22, 1994
Sold by
Perry Jones William
Bought by
Renee Jones Patricia
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
Hompesch Charles Raymond $195,000 Admiral Title Inc
Smith Sher R $155,000 Concord Title
Walker George W $79,900 Title Professionals Inc
Renee Jones Patricia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hompesch Charles Raymond $178,062
Previous Owner Smith Sher R $150,350
Previous Owner Walker George W $78,460
Previous Owner Walker George W $25,000
Previous Owner Walker George W $63,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $195,000 +25.8% $119 / Sq Ft
06/15/2018 06/15/18 Sold $155,000 -- $95 / 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 $689 $44,350 $0 $0
2023 $689 $44,350 $0 $0
2022 $689 $44,350 $0 $0
2021 $821 $38,725 $0 $0
2020 $821 $38,725 $0 $0
2019 $821 $38,725 $0 $0
2018 $505 $23,825 $0 $0
2017 $505 $23,825 $0 $0
2016 $714 $0 $0 $0
2015 $714 $0 $0 $0
2014 $714 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joshua Belcher

    Seller's Agent in 2020

    Joshua Belcher

    Keller Williams Signature

    (865) 661-7175

    210 Total Sales

    Joshua Belcher
    Section Image

  • C

    Buyer's Agent in 2020

    Crisie Jennings

    Keller Williams Realty

    (423) 895-4729

    30 Total Sales

    Crisie Jennings
    Section Image
  • Frances Vineyard

    Seller's Agent in 2018

    Frances Vineyard

    Southern Homes & Farms, LLC

    (865) 300-3307

    96 Total Sales

    Frances Vineyard
    Section Image

  • J

    Buyer's Agent in 2018

    Jeremy Watson

    Keller Williams Realty

See All Agents

Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1132144

East Tennessee REALTORS® MLS

APN: 060GC-002

Tennessee Knox County Knoxville 37924

5908 Fayette Ln, Knoxville, TN

This home is located at 5908 Fayette Ln, Knoxville, TN 37924 since 08 October 2020 and is currently estimated at $307,597, approximately $188 per square foot. This property was built in 1965. 5908 Fayette Ln is a home located in Knox County with nearby schools including Ritta Elementary School, Holston Middle School, and Gibbs 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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