NOT LISTED FOR SALE

7502 River Trace Blvd Knoxville, TN 37920

Estimated Value: $838,309 - $962,000

3 Beds
2.5 Baths
2,183 Sq Ft
$403/Sq Ft Est. Value

Last Sold August 06, 2019

Last sale price $440,000 $202 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,987/month

1 Day on Market

Highlights

  • Lake Front
  • Deck
  • Wooded Lot
  • In Ground Pool
  • Contemporary Architecture
  • Wood Flooring

About This Home

As of August 2019

MULTIPLE OFFERS have been received. Highest & best offers must be submitted by 4:00 p.m. June 1, 2019! LAKEFRONT home with 1.19 acres only 7 minutes from University of Tennessee! Join the Vol Navy and boat to UT Football Games! Home has dock, large deck area overlooking Ft. Loudon Lake, pool, spa, big patio, outdoor bathroom and lots of area to expand. Kitchen has been totally remodeled with a commercial refrigerator, 6 burner gas range w/ griddle, pot filler, wine fridge, double ovens, prep sink & fridge for canned drinks. This is a Smart Home with smart locks, nest temperature control, security & smart lights. All brick with newer roof. Great location, lakefront, large lot! Come see it for yourself! Square footage is approximate, buyer to verify. No HOA!

Last Agent to Sell the Property

Rebecca Carter

The Real Estate Firm, Inc. Listed on: 05/30/2019

Last Buyer's Agent

Terry Carter

The Real Estate Firm, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,376

Year Built

  • Built in 1985

Lot Details

  • 1.19 Acre Lot
  • Lake Front
  • Privacy Fence
  • Wood Fence
  • Wooded Lot

Home Design

  • Contemporary Architecture
  • Wood Siding

Interior Spaces

  • 2,183 Sq Ft Home
  • 1 Fireplace
  • Family Room
  • Dining Room
  • Utility Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Parquet
  • Brick
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Covered Patio or Porch

Utilities

  • Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 003 002.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,376

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Directions: From Knoxville: South on Alcoa Hwy, Left on Rivertrace Blvd, Home is on the Left, Sign on Property.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1985
  • Road Frontage Type: Lakefront
  • Lot Size Acres: 1.19
  • Architectural Style: Contemporary
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Refrigerator, Microwave, Washer
  • Has Basement: Slab
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Flooring: Hardwood, Brick, Parquet, Tile

Exterior Features

  • Exterior Features: Fence - Privacy, Fence - Wood, Patio, Pool - Swim (Ingrnd), Porch - Covered, Deck
  • Lot Features: Lakefront, Wooded
  • Construction Type: Wood Siding

Utilities

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

Lot Info

  • Lot Size Sq Ft: 51836.4
  • Parcel #: 003 002.00
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2019
Closed on
Aug 3, 2019
Sold by
Escudero Maite
Bought by
Hobson Kimbelry K and Hobson Steven M
Seller's Agent
Rebecca Carter
The Real Estate Firm, Inc.
Buyer's Agent
Terry Carter
The Real Estate Firm, Inc.
Sold Price
$440,000
Current Estimated Value
$878,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$438,827
Avg. Annual Appreciation
8.05%
Original Mortgage
$440,000
Outstanding Balance
$392,564
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$310,178

Purchase Details

Listed on
Oct 6, 2015
Closed on
Oct 27, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Escudero Maite
Seller's Agent
Howard Sentell
Sentell Real Estate
Buyer's Agent
Thomas Sparkes
Rocky Top Realty
Sold Price
$170,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.58%
Original Mortgage
$161,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2015
Sold by
Bales Gregory W
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 10, 2003
Sold by
Tallman Herman Jesse
Bought by
Bales Gregory W

Purchase Details

Closed on
Apr 22, 2003
Bought by
Shuler J Heath Tr

Purchase Details

Closed on
Sep 16, 1983
Bought by
Tallman Herman Jesse and Tallman Karen R
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
Hobson Kimbelry K $440,000 --
Escudero Maite $170,000 --
Federal Home Loan Mortgage Corporation $189,418 --
Bales Gregory W $85,000 --
Shuler J Heath Tr $130,000 --
Tallman Herman Jesse -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobson Kimbelry K $440,000
Previous Owner Escudero Maite $150,000
Previous Owner Escudero Maite $161,500
Previous Owner Bales Gregory W $1,475,000
Previous Owner Bales Gregory W $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2019 08/06/19 Sold $440,000 +158.8% $202 / Sq Ft
12/04/2015 12/04/15 Sold $170,000 -- $78 / 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 $2,376 $149,450 $50,000 $99,450
2023 $2,376 $149,450 $50,000 $99,450
2022 $2,581 $104,500 $50,000 $54,500
2021 $2,581 $104,500 $50,000 $54,500
2020 $2,581 $104,500 $50,000 $54,500
2019 $2,581 $104,500 $50,000 $54,500
2018 $1,740 $70,450 $29,125 $41,325
2017 $1,740 $70,450 $29,125 $41,325
2016 $1,740 $70,450 $29,125 $41,325
2015 $1,515 $70,450 $29,125 $41,325
2014 $1,593 $70,450 $29,125 $41,325
2013 $1,593 $74,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1082069

East Tennessee REALTORS® MLS

APN: 003 00200 000