$414,500
$11K PRICE DROP

7224 Palermo Rd Knoxville, TN 37918

Estimated payment $2,246/month

Total Views 6,946
3 Beds
2 Baths
1,430 Sq Ft
$290 Price per Sq Ft

Highlights

  • Traditional Architecture
  • No HOA
  • Brick Exterior Construction
  • Whirlpool Bathtub
  • Fenced Yard
  • Walk-In Closet

About This Home

Beautiful Ranch, All Brick, Granite Tops, NEW: Framing, Sheetrock, Paint, Cabinets, Appliances, HVAC, Water heater, Roof, Gutters, LVP, Tile, Electric, Plumbing, Modern lighting. Fully fenced backyard, 9 ft Ceiling, Quiet neat Subdivision, No HOA, County tax only. You won't worry about repairs or updates for quiet a while. Everything is brand new. Schedule your showing!

Listing Agent

Wedad Alma Almatari

The Real Estate Firm, Inc. License #336476 Listed on: 11/19/2025

The Real Estate Firm, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $860

Year Built

  • Built in 2025

Lot Details

  • 8,580 Sq Ft Lot
  • Lot Dimensions are 78x110
  • Fenced Yard
  • Wood Fence
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,430 Sq Ft Home
  • Ceiling Fan
  • Vinyl Clad Windows
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Walk-in Shower

Outdoor Features

  • Patio

Schools

  • Brickey Elementary School
  • Powell Middle School
  • Central High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Ghiradelli Pl Unit 2 Subdivision

Listing and Financial Details

  • Property Available on 11/19/25
  • Assessor Parcel Number 047KE062

Home Details

Home Type

Single Family

Est. Annual Taxes

$860

Year Built

Built in 2025

Lot Details

0

Parking

2

Listing Details

  • Directions: From Callahan Rd, left on Central Ave Pike, right on E Beaver Creek Dr, left on Ghiradelli Rd, left onto Galileo Rd, Right on Palermo Rd, home on right.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Year Built: 2025
  • Lot Size Acres: 0.2
  • Lot Size: 78x110
  • Subdivision Name: Ghiradelli Pl Unit 2
  • Architectural Style: Traditional
  • Contract Info:List PriceSqFt2: 289.86
  • General Property Description:SqFt - Main Lvl: 1430.0
  • General Property Description:HOA: No
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: No
  • Special Features: NewHome

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range
  • Basement YN: No
  • Has Basement: Slab
  • Fireplace: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Flooring: Tile, Vinyl
  • Interior Amenities: Walk-In Closet(s)

Exterior Features

  • Exterior Features: Windows - Vinyl
  • Construction Type: Brick
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 2.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Sewer: Public Sewer
  • Cooling Y N: Yes
  • Heating: Central, Natural Gas, Electric
  • Heating Yn: Yes
  • Water Source: Public

Schools

  • Elementary School: Brickey
  • High School: Central
  • Middle Or Junior School: Powell

Lot Info

  • Lot Size Sq Ft: 8580.0
  • Parcel #: 047KE062

Rental Info

  • Available Date: 2025-11-19

Tax Info

  • Tax Annual Amount: 860.14

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $860 $55,350 $0 $0
2024 $860 $55,350 $0 $0
2023 $860 $55,350 $0 $0
2022 $860 $55,350 $0 $0
2021 $704 $33,200 $0 $0
2020 $704 $33,200 $0 $0
2019 $704 $33,200 $0 $0
2018 $704 $33,200 $0 $0
2017 $704 $33,200 $0 $0
2016 $711 $0 $0 $0
2015 $711 $0 $0 $0
2014 $711 $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/29/2025 11/29/25 Price Changed $414,500 -2.5% $290 / Sq Ft
11/19/2025 11/19/25 For Sale $425,000 +93.2% $297 / Sq Ft
05/26/2021 05/26/21 Sold $220,000 +37.5% $154 / Sq Ft View Prior Sale
08/25/2017 08/25/17 Sold $160,000 -- $112 / Sq Ft View Prior Sale
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $220,000 Superior Title & Escrow Llc
Warranty Deed $160,000 Admiral Title Inc
Warranty Deed $126,000 Genesis Real Estate Title L
Interfamily Deed Transfer -- Tennessee Title Professional
Warranty Deed $99,000 Abstract Title Inc
Deed $96,900 --
Deed $91,650 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $209,000 New Conventional
Previous Owner $157,102 FHA
Previous Owner $123,717 FHA
Previous Owner $111,162 FHA
Previous Owner $98,949 FHA
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1322044

East Tennessee REALTORS® MLS

APN: 047KE-062