$410,000
SOLD OCT 16, 2024

7220 Olive Branch Ln Knoxville, TN 37931

3 Beds
2.5 Baths
2,150 Sq Ft
436 Sq Ft Lot

Recently Sold

$191 Per Sq Ft

1% Below List Price

24 Days on Market

Highlights

  • Deck
  • Separate Formal Living Room
  • Cooling Available
  • Traditional Architecture
  • 2 Car Attached Garage
  • Community Playground

About This Home

As of October 2024

Welcome to this beautiful 3-bedroom, 2.5-bathroom farmhouse-style home located in Glen Lake subdivision in Karns. This home features an open-concept layout that's perfect for modern living. The main level includes a spacious laundry room, a cozy gas fireplace in the living area, an updated kitchen with shiplap walls, large farmhouse sink, butcherblock top island, lots of cabinet space, breakfast nook, and hardwood floors throughout. Upstairs you will find the master with spa tub, separate stand-up shower, dual vanities and huge walk-in closet. Large bonus room or 4th bedroom. Step outside to enjoy a fully fenced-in backyard, perfect for pets, play, and outdoor entertaining. An oversized 2-car garage provides plenty of storage space. Water heater and downstairs HVAC have been replaced in the last 3 years.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,052

Year Built

  • Built in 2005

Lot Details

  • 436 Sq Ft Lot
  • Level Lot

HOA Fees

  • $40 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 2,150 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Gas Fireplace
  • Separate Formal Living Room
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Schools

  • Amherst Elementary School
  • Karns Middle School
  • Karns High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 091EA008

Community Details

Overview

  • Glenlake S/D Subdivision

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,052

Year Built

Built in 2005

Lot Details

0

HOA Fees

$40 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Year Built: 2005
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: EXIST
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Builder
  • Attribution Contact: 8655911595
  • Special Features: None
  • Stories: 2

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Appliances: Dishwasher, Disposal, Refrigerator
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Carpet, Wood, Laminate
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Has Basement: Crawl Space
  • Above Grade Finished Sq Ft: 2150
  • Building Area Units: Square Feet
  • Living Area: 2150
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Type: Vinyl Siding, Other, Brick
  • 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, On Street
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector(s)

Condo/Co-op/Association

  • Association Fee: 475
  • Association Fee Frequency: Annually
  • Amenities: Playground, Sidewalks
  • Association: Yes
  • Senior Community: No
  • ResoAssociationFeeFrequency: Annually

Lot Info

  • Lot Features: Level
  • Lot Size Acres: 0.01
  • Lot Size: 65 X 108.66 X IRR
  • Lot Size Units: Acres
  • Parcel #: 091EA008
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Above Grade Finished Area Units: Square Feet

Tax Info

  • Tax Annual Amount: 1052

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2019
Closed on
May 6, 2019
Sold by
Foster Clint and Foster Melissa
Bought by
Burger Jessica W
List Price
$284,900
Sold Price
$254,900
Premium/Discount to List
-$30,000
-10.53%
Current Estimated Value
$417,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,887
Avg. Annual Appreciation
8.21%
Original Mortgage
$241,300
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2015
Sold by
Foster Clint
Bought by
Foster Clint and Foster Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,075
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 16, 2011
Closed on
Mar 30, 2012
Sold by
Shepard Carter L and Shepard Kathryn P
Bought by
Lawrence Richard Thomas and Lawrence Amanda
Seller's Agent
Patricia Hughes
Wallace
Buyer's Agent
Christine McInerney
Great Life RE
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.51%
Original Mortgage
$175,437
Interest Rate
4.55%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 13, 2011
Sold by
Shepard Carter L
Bought by
Shepard Kathryn P

Purchase Details

Closed on
Feb 28, 2006
Sold by
Smithbilt Llc
Bought by
Shepard Carter L and Shepard Kathryn Parker

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,900
Interest Rate
6.05%
Mortgage Type
Balloon
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 $254,000 Concord Title
Interfamily Deed Transfer -- Crossland Title Inc
Warranty Deed $188,500 Crossland Title Inc
Warranty Deed $180,000 Concord Title
Interfamily Deed Transfer -- None Available
Corporate Deed $184,900 Select Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $241,500 New Conventional
Closed $241,300 New Conventional
Previous Owner $179,075 New Conventional
Previous Owner $175,437 FHA
Previous Owner $78,600 New Conventional
Previous Owner $75,000 Credit Line Revolving
Previous Owner $119,900 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2024 10/16/24 Sold $410,000 -1.2% $191 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $415,000 0.0% $193 / Sq Ft
04/16/2021 04/16/21 Rented $2,200 0.0% --
05/03/2019 05/03/19 Sold $254,900 -10.5% $119 / Sq Ft
04/15/2019 04/15/19 Pending -- -- --
03/01/2019 03/01/19 For Sale $284,900 +58.3% $133 / Sq Ft
03/30/2012 03/30/12 Sold $180,000 -- $84 / 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 $1,052 $67,700 $0 $0
2023 $1,052 $67,700 $0 $0
2022 $1,052 $67,700 $0 $0
2021 $1,027 $48,450 $0 $0
2020 $1,027 $48,450 $0 $0
2019 $1,027 $48,450 $0 $0
2018 $1,027 $48,450 $0 $0
2017 $1,027 $48,450 $0 $0
2016 $1,058 $0 $0 $0
2015 $1,058 $0 $0 $0
2014 $1,058 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2831729

Realtracs

APN: 091EA-008