$257,500
SOLD NOV 30, 2017

7024 Cherry Grove Rd Knoxville, TN 37931

Karns Neighborhood
4 Beds
3 Baths
2,380 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$108 Per Sq Ft

1% Below List Price

2 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Cooling Available
  • Traditional Architecture
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of August 2020

Beautiful home in awesome Karns location w/lots of architectural detail and level fenced yard! 4 BRs + Bonus + 3 Full Baths! Open floorplan, arched window entry with real hardwood floors, vaulted ceilings, beautiful formal dining room w/wainscoting, open to large family room w/gas fireplace & lots of natural lighting. Kitchen w/Two Pantries, large breakfast area & kitchen bar. Stainless steel appliances are all brand new! All new paint and new carpet too! Large master suite on main level with spacious bath w/separate jetted tub & walk-in shower, double sink vanity & updated fixtures. Walk in closet w/custom storage system. Deck overlooks large level fenced backyard, beautiful mature trees, and storage building included. Move-in ready!

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,135

Year Built

  • Built in 1999

Lot Details

  • 9,148 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,380 Sq Ft Home
  • Property has 3 Levels
  • 1 Fireplace
  • Crawl Space

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • Potomac Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 078PB024

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,135

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 1999
  • Unit Levels: Three Or More
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Tile
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Has Basement: Crawl Space
  • Building Area Units: Square Feet
  • Living Area: 2380
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Exterior Features: Storage Building
  • Construction Type: Frame, Vinyl Siding
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Electric Dryer Hookup

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.21
  • Lot Size: 77 X 115.26 X IRR
  • Lot Size Units: Acres
  • Parcel #: 078PB024
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2020
Closed on
Aug 14, 2020
Sold by
Bryant Justin R and Bryant Megan W
Bought by
Webb Joseph Michael
List Price
$275,000
Sold Price
$285,000
Premium/Discount to List
$10,000
3.64%
Current Estimated Value
$460,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,598
Avg. Annual Appreciation
10.40%
Original Mortgage
$285,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 1, 2017
Closed on
Nov 30, 2017
Sold by
Mitchell Craig
Bought by
Bryant Justin R and Bryant Megan W
List Price
$259,900
Sold Price
$257,500
Premium/Discount to List
-$2,400
-0.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$218,875
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2013
Sold by
Mitchell Kelly Lynn and Beavers Kelly Lynn
Bought by
Mitchell Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,500
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2005
Sold by
Sciarrotta Peter J and Wilson Nina
Bought by
Mitchell Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,400
Interest Rate
5.51%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 15, 1998
Sold by
Kirkland John R and Kirkland Teresa C
Bought by
Sciarrotta Peter J and Sciarrotta Nina Patrice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,198
Interest Rate
6.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 1997
Sold by
T J R Developers Inc
Bought by
Kirkland John R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $285,000 Admiral Title Inc
Warranty Deed $257,500 Concord Title
Interfamily Deed Transfer -- None Available
Warranty Deed $197,000 Crossland Title
Warranty Deed $166,525 --
Deed $23,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $284,114 VA
Closed $285,000 New Conventional
Previous Owner $218,875 New Conventional
Previous Owner $174,500 New Conventional
Previous Owner $39,400 Unknown
Previous Owner $157,600 Fannie Mae Freddie Mac
Previous Owner $148,350 Unknown
Previous Owner $136,000 Construction
Previous Owner $158,198 Purchase Money Mortgage
Previous Owner $134,700 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $285,000 +3.6% $114 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $275,000 +6.8% $110 / Sq Ft
11/30/2017 11/30/17 Sold $257,500 -0.9% $108 / Sq Ft
11/03/2017 11/03/17 Pending -- -- --
11/01/2017 11/01/17 For Sale $259,900 -- $109 / 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 $1,113 $71,650 $0 $0
2023 $1,113 $71,650 $0 $0
2022 $1,113 $71,650 $0 $0
2021 $1,242 $58,600 $0 $0
2020 $1,242 $58,600 $0 $0
2019 $1,242 $58,600 $0 $0
2018 $1,242 $58,600 $0 $0
2017 $1,242 $58,600 $0 $0
2016 $1,135 $0 $0 $0
2015 $1,135 $0 $0 $0
2014 $1,135 $0 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2856676

Realtracs

APN: 078PB-024