NOT LISTED FOR SALE

7 Market Square Knoxville, TN 37902

Downtown Knoxville Neighborhood

Estimated Value: $3,683,237

2 Beds
2.5 Baths
5,928 Sq Ft
$621/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $1,680,000 $283 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $20,924/month

78 Days on Market

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Intercom
  • Sequoyah Elementary School Rated A-
  • Wood Frame Window
  • 1-minute walk to Krutch Park

About This Home

As of June 2017

This home is located at 7 Market Square, Knoxville, TN 37902 since 21 February 2017 and is currently estimated at $3,683,237, approximately $621 per square foot. This property was built in 1920. 7 Market Square is a home located in Knox County with nearby schools including Sequoyah Elementary School, Vine Middle/Magnet, and Austin-East High School.

Last Agent to Sell the Property

Daniel Odle

Conversion Properties, Inc. Listed on: 02/21/2017

Last Buyer's Agent

Michael Gooch

BHHS Dean-Smith Realty License #329933

BHHS Dean-Smith Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,769

Year Built

  • Built in 1920

Lot Details

  • Zero Lot Line
  • Historic Home

Parking

  • On-Street Parking

Interior Spaces

  • 5,928 Sq Ft Home
  • Self Contained Fireplace Unit Or Insert
  • Wood Frame Window

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 094lf017

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,769

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Directions: First time on the market for sale since its renovation in 2007, #7 Market Square is one of the most beautiful, unique, and rare properties in the Knoxville area. Located in downtown Knoxville on Market Square, this property is a mixed use luxury condominium residence and retail commercial space. The upstairs residence is a two bed room, two bath, masterfully appointed home. One of the few of its caliber in the downtown Knoxville market. The retail space fronting Market Square is currently leased by a retailer called Agora. See agent for lease details.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1920
  • Architectural Style: Other, Historic
  • Property Attached Yn: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Stove, Smoke Detector, Self Cleaning Oven, Security Alarm, Refrigerator, Microwave, Intercom, Washer
  • Has Basement: Slab
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Pre-Fab, Insert
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile

Exterior Features

  • Exterior Features: Windows - Wood, Porch - Covered, Cable Available (TV Only)
  • Lot Features: Zero Lot Line

Garage/Parking

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

Utilities

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

Lot Info

  • Parcel #: 094lf017

Tax Info

  • Tax Annual Amount: 7769.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2017
Closed on
Jun 23, 2017
Sold by
Trimble Vii Llc
Bought by
Kms Knox Llc
Seller's Agent
Daniel Odle
Conversion Properties, Inc.
Buyer's Agent
Michael Gooch
BHHS Dean-Smith Realty
Sold Price
$1,680,000
Current Estimated Value
$3,683,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,003,237
Avg. Annual Appreciation
10.07%
Original Mortgage
$1,344,000
Outstanding Balance
$301,349
Interest Rate
4.05%
Mortgage Type
Commercial
Estimated Equity
$3,381,888

Purchase Details

Closed on
Jun 23, 2006
Sold by
Rebori John N and Rebori Stephen J
Bought by
Trimble Vii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,250
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2004
Sold by
Rebori John N
Bought by
Rebori John N and Rebori Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,616
Interest Rate
5.38%
Mortgage Type
Commercial
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
Kms Knox Llc $1,680,000 None Available
Trimble Vii Llc $525,000 None Available
Rebori John N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kms Knox Llc $1,344,000
Previous Owner Trimble Vii Llc $660,000
Previous Owner Trimble Vii Llc $446,250
Previous Owner Rebori John N $60,616
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2017 06/23/17 Sold $1,680,000 -- $283 / 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 $10,728 $433,360 $0 $0
2023 $17,462 $433,360 $0 $0
2022 $17,462 $433,360 $0 $0
2021 $15,195 $309,880 $0 $0
2020 $14,204 $309,880 $0 $0
2019 $14,204 $309,880 $0 $0
2018 $14,204 $309,880 $0 $0
2017 $14,204 $309,880 $0 $0
2016 $14,382 $0 $0 $0
2015 $14,382 $0 $0 $0
2014 $15,294 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2017

    Daniel Odle

    Conversion Properties, Inc.

  • M

    Buyer's Agent in 2017

    Michael Gooch

    BHHS Dean-Smith Realty

    (865) 207-9960

    1 in this area

    55 Total Sales

    Michael Gooch
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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 992494

East Tennessee REALTORS® MLS

APN: 094LF-017

Tennessee Knox County Knoxville 37902 Downtown Knoxville

7 Market Square, Knoxville, TN

This home is located at 7 Market Square, Knoxville, TN 37902 since 21 February 2017 and is currently estimated at $3,683,237, approximately $621 per square foot. This property was built in 1920. 7 Market Square is a home located in Knox County with nearby schools including Sequoyah Elementary School, Vine Middle/Magnet, and Austin-East 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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