NOT LISTED FOR SALE

7127 Presidential Ln Knoxville, TN 37931

Karns Neighborhood

Estimated Value: $472,000 - $516,059

3 Beds
2.5 Baths
2,496 Sq Ft
$199/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $395,000 $158 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,960/month

8 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Zoned Heating and Cooling System
  • Traditional Architecture
  • Patio
  • Central Vacuum

About This Home

As of October 2021

This custom-built home offers 3 Bedrooms with a large bonus room upstairs, lots of open living space indoors, an entertainer's back yard on a large level lot, and a huge owner's suite for retreat after a busy day! The kitchen has tons of upgrades, new flooring, and the entire home has fresh paint. It's conveniently located in Potomic Place Subdivision in the Karns community, within 5 minutes drive of local schools and grocery store, and an easy drive to Oak Ridge, Powell, Hardin Valley, and west Knoxville. Don't miss your opportunity.

Last Agent to Sell the Property

Dylan Martin

Realty Executives Associates License #354395 Listed on: 09/02/2021

Realty Executives Associates

Co-Listed By

Zach Sale

Realty Executives Associates License #335029

Last Buyer's Agent

Mark Harrington

Trotta Montgomery Real Estate, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,439

Year Built

  • Built in 2003

Lot Details

  • 8,619 Sq Ft Lot
  • Privacy Fence

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,496 Sq Ft Home
  • Central Vacuum
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Vinyl Clad Windows
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Parking Available
  • Side or Rear Entrance to Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Karns Middle School
  • Karns High School

Utilities

  • Zoned Heating and Cooling System

Community Details

  • Potomac Place Unit 2 Phase 1 Subdivision

Listing and Financial Details

  • Property Available on 9/10/21
  • Assessor Parcel Number 078PF009

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,439

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Directions: GPS Directions are accurate Oak Ridge HWY, to Beaver Ridge Rd. (at Ingles red light), continue on Beaver Ridge Rd. to right on Cherry Grove Rd. at Potomac Place S/D entrance, right on Presidential, house on right.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2003
  • Lot Size Acres: 0.2
  • Lot Size: 75 X 114.94 X IRR
  • Co List Office Mls Id: 692
  • Co List Office Phone: 865-588-3232
  • Subdivision Name: Potomac Place Unit 2 Phase 1
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Central Vacuum, Dishwasher, Disposal, Smoke Detector, Self Cleaning Oven, Refrigerator, Microwave
  • Has Basement: Crawl Space
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Insert
  • Fireplaces: 1
  • Flooring: Hardwood, Vinyl, Tile

Exterior Features

  • Exterior Features: Windows - Vinyl, Fence - Privacy, Patio, Deck
  • Construction Type: Vinyl Siding, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Side/Rear Entry, Main Level, Off-Street Parking

Utilities

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

Schools

  • High School: Karns
  • Middle Or Junior School: Karns

Lot Info

  • Lot Size Sq Ft: 8619.0
  • Parcel #: 078PF009
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2021-09-10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Drummond Eric D and Drummond Eric Dupree
Bought by
Drummond Kelly Demeia and Drummond Kelly D
Current Estimated Value
$518,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Outstanding Balance
$121,804
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$395,113

Purchase Details

Closed on
Nov 14, 2003
Sold by
Dlm Construction Llc
Bought by
Drummond Eric D and Drummond Kelly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,450
Interest Rate
5.93%
Mortgage Type
VA

Purchase Details

Closed on
Nov 22, 2002
Sold by
Orb Llc
Bought by
Dlm Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
6.15%
Mortgage Type
Construction
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
Drummond Kelly Demeia -- Knoxville Title Agency
Drummond Eric D $193,900 --
Dlm Construction Llc $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drummond Kelly Demeia $133,000
Closed Drummond Eric $170,850
Closed Drummond Eric D $170,850
Closed Drummond Eric D $176,300
Closed Drummond Eric D $182,450
Previous Owner Dlm Construction Llc $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $395,000 -- $158 / 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 $1,439 $92,625 $0 $0
2023 $1,439 $92,625 $0 $0
2022 $1,439 $92,625 $0 $0
2021 $1,444 $68,100 $0 $0
2020 $1,444 $68,100 $0 $0
2019 $1,444 $68,100 $0 $0
2018 $1,444 $68,100 $0 $0
2017 $1,444 $68,100 $0 $0
2016 $1,365 $0 $0 $0
2015 $1,365 $0 $0 $0
2014 $1,365 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dylan Martin

    Seller's Agent in 2021

    Dylan Martin

    Realty Executives Associates

    (865) 924-6193

    1 in this area

    78 Total Sales

    Section Image
  • Zach Sale

    Seller Co-Listing Agent in 2021

    Zach Sale

    Realty Executives Associates

    (865) 228-2449

    2 in this area

    240 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Mark Harrington

    Trotta Montgomery Real Estate, LLC

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1166222

East Tennessee REALTORS® MLS

APN: 078PF-009

Tennessee Knox County Knoxville 37931 Karns

7127 Presidential Ln, Knoxville, TN

This home is located at 7127 Presidential Ln, Knoxville, TN 37931 since 02 September 2021 and is currently estimated at $496,265, approximately $198 per square foot. This property was built in 2003. 7127 Presidential Ln is a home located in Knox County with nearby schools including Karns Elementary School, Karns 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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