NOT LISTED FOR SALE

8616 Satellite Ln Knoxville, TN 37920

Estimated Value: $403,000 - $460,000

4 Beds
2.5 Baths
2,804 Sq Ft
$152/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $352,400 $126 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,359/month

9 Days on Market

Highlights

  • Deck
  • Bonus Room
  • 2 Car Detached Garage
  • Traditional Architecture
  • Covered Patio or Porch
  • Walk-In Closet

About This Home

As of March 2023

This home is located at 8616 Satellite Ln, Knoxville, TN 37920 since 18 November 2022 and is currently estimated at $424,874, approximately $151 per square foot. This property was built in 2022. 8616 Satellite Ln is a home located in Knox County with nearby schools including New Hopewell Elementary School, South Doyle Middle School, and South Doyle High School.

Last Agent to Sell the Property

Amanda Rossini

D.R. Horton License #310518 Listed on: 11/18/2022

D.R. Horton

Last Buyer's Agent

Lori Dawson

Priority Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,368

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 5,663 Sq Ft Lot
  • Level Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Detached Garage

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 2,804 Sq Ft Home
  • Wired For Data
  • Ceiling Fan
  • Gas Log Fireplace
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • ENERGY STAR Qualified Doors
  • Family Room
  • Bonus Room
  • Storage Room
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating unit installed on the ceiling
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • Highland Ridge Subdivision
  • Mandatory home owners association

Listing and Financial Details

  • Assessor Parcel Number 150AA080

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,368

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Directions: US 441 South/Henley Street out of downtown Knoxville for approx. 8.7 miles to right onto Highland View Drive. .8 miles on Highland View Drive to right into Highland Ridge on Satellite Lane.
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 2022
  • Lot Size Acres: 0.13
  • Subdivision Name: Highland Ridge
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Contract Info:List PriceSqFt2: 126.03
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 1402.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1402.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: Mandatory
  • General Property Description:Basement: No
  • General Property Description:Bonus Room: Yes
  • AtchdDtchd Type:Detached: Yes
  • Siding:Vinyl2: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Misc Features:Walk-in Closets: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Sewer:Public Sewer: Yes
  • Water:Public: Yes
  • Floors:Laminate: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Misc Features:Wired for Internet: Yes
  • General Property Description:New Construction: Under Construction
  • Heat:Ceiling: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range, Smoke Detector, Tankless Wtr Htr
  • Has Basement: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Flooring: Laminate, Carpet, Tile
  • ResoLivingAreaSource: Plans
  • Fireplace:Gas Log: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Family Room: Yes
  • Basement:Slab: Yes
  • Appliances:Tankless Wtr Htr: Yes
  • Misc Features:Island in Kitchen: Yes

Exterior Features

  • Exterior Features: Window - Energy Star, Windows - Vinyl, Porch - Covered, Deck, Doors - Energy Star
  • Lot Features: Level
  • Construction Type: Vinyl Siding, Brick, Frame
  • Construction:Frame: Yes
  • Exterior Features:Deck: Yes
  • Exterior Features:Porch - Covered: Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Doors - Energy Star: Yes
  • Exterior Features:Window - Energy Star: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached
  • GarageParking:Detached2: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Ceiling, Natural Gas, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association Fee Frequency: Yearly
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 150AA080
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1368.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2022
Closed on
Mar 14, 2023
Sold by
D R Horton Inc
Bought by
Aultman Andrew and Aultman Lori
Seller's Agent
Amanda Rossini
D.R. Horton
Buyer's Agent
Lori Dawson
Priority Real Estate
List Price
$353,400
Sold Price
$352,400
Premium/Discount to List
-$1,000
-0.28%
Current Estimated Value
$424,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,474
Avg. Annual Appreciation
7.20%
Original Mortgage
$352,400
Outstanding Balance
$335,847
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$89,027
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Aultman Andrew $352,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aultman Andrew $352,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2023 03/14/23 Sold $352,400 -0.3% $126 / Sq Ft
11/28/2022 11/28/22 Pending -- -- --
11/18/2022 11/18/22 For Sale $353,400 -- $126 / 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
2025 $1,030 $66,300 $0 $0
2024 $1,030 $66,300 $0 $0
2023 $1,370 $88,150 $0 $0
2022 $109 $7,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1212196

East Tennessee REALTORS® MLS

APN: 150AA-080