NOT LISTED FOR SALE

8920 Ellis Ln Powell, TN 37849

Estimated Value: $533,000 - $683,000

3 Beds
3 Baths
3,208 Sq Ft
$191/Sq Ft Est. Value

Sale Details

Date Sold: December 21, 2022

Last sale price $520,000 $162 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,427 / mo

48 Days on Market

Highlights

  • View of Trees or Woods
  • Private Lot
  • Traditional Architecture
  • 5.1 Acre Lot
  • Wooded Lot
  • Cathedral Ceiling

About This Home

As of December 2022

CONTINUE TO SHOW. SELLER HAS FIRST RIGHT OF REFUSAL AND CAN ACCEPT ANOTHER OFFER.
It is possible to have privacy, land, and convenience for a reasonable price. This newly renovated, all brick, 3 bedroom, 3 bath home with 2 bonus rooms within Powell, sits on top of 5 acres of privacy on a dead-end street. There is no HOA, NO RESTRICTIONS, no city taxes, and still only 20 minutes from downtown Knoxville. As soon as you step foot on this property, you will feel the peace wash over you as you take in the quiet and beautiful landscape of mature trees on your new homestead. The home's 5 acres are suitable for livestock with 3 of 4 sides already fenced with barbed wire, and at one point the property even had pigs roaming the backwoods. Concerned about the massive increase in food prices? There is a large secure chicken coop (suitable for up to 30 chickens) where your chickens can provide you with more eggs than you can ever eat. AND, there are TEN, irrigated, 4x8 raised garden beds, where you can grow a MASSIVE amount of food! Behind the house is a large field, and behind that is a few acres of woods. The previous owner set up a very nice shooting range, with shooting distances of nearly 90 yards! Remember, NO RESTRICTIONS!

When inside you will be blown away by the high-end farm house finishes of the recent remodel. As you enter the front door you are greeted with refinished real hardwood floors and a sitting area perfect for relaxing and enjoying your favorite book. As you continue through the house you will be taken in by openness of the main living space with its bountiful cathedral ceilings and natural lighting. Your thoughts will be quickly drawn to warm winters when you see the floor to ceiling white brick, wood burning fireplace (huge supply of wood in the basement). As you turn the corner into the dream kitchen you will notice the butcher-block counter tops complemented with white shaker cabinets (all soft-close hinges), stainless steel appliances, and plenty of space for cooking. Speaking of "space"...you will LOVE the massive closet to store all your small appliances and other kitchen equipment! Just on the other side of the matching island is a picture window which is a perfect spot for a dining room table. Your next stop on the main level will be the large master suite with a spa-like bathroom with soaker tub, his and her vanity, tiled half wall, and custom shower with glass doors. Also included on the main level are two nice sized bedrooms, a recently remodeled bathroom, and a laundry room (with laundry tub) and a barn door.

As you top the stairs onto the second level you will land on a nice open loft area overlooking the main living space. There are two HUGE bedrooms and a beautiful, recently remodeled gorgeous full bath upstairs, as well as two additional storage closets.

Apart from the beautiful designs and layout the rest of the home is like a new house. The HVAC and roof are only 5 years old. The new windows come with the most current energy efficient features. The unfinished basement is roughed in with plumbing, electricity, and a 5x20 storm shelter. This spot would be perfect for a workshop, man cave, or mother-in-law suite. There is also a fireplace in the basement behind the large stack of firewood. Just in time for winter!!

This home will not last long. It's hard to find a 5 bedroom house. It's even harder to find a house in Knox County with 5 acres. It's almost impossible to find a home this nice, this size, with this much land, in this price range. Call TODAY to schedule your private tour. (NOTE: chickens, cameras, and shooting targets do NOT convey and are not for sale).

Last Agent to Sell the Property

Dustin Fisher

Realty Executives Associates License #308561 Listed on: 09/01/2022

Last Buyer's Agent

Wala Habiby

Wallace License #321869

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 5.1 Acre Lot
  • Wood Fence
  • Private Lot
  • Wooded Lot

Parking

  • 2 Car Garage
  • Basement Garage
  • Garage Door Opener

Property Views

  • Woods
  • Forest

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Rough-In Plumbing

Interior Spaces

  • 3,208 Sq Ft Home
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Brick Fireplace
  • ENERGY STAR Qualified Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Den
  • Bonus Room
  • Workshop
  • Storage Room
  • Utility Room
  • Rough-In Basement
  • Stubbed For A Bathroom

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 3 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Patio

Schools

  • Halls Middle School
  • Halls High School

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Property Available on 9/14/22
  • Assessor Parcel Number 018 18105

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include all amenities, pest contract
  • Ray Ellis Subdivision

Amenities

  • Elevator

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

5.1 Acres

Parking

2

Listing Details

  • Directions: I640 e to 75n to raccoon valley rd turn right, turn right onto Norris Frwy, turn left on Andersonville pike, turn right onto Ellis ln house on right
  • Property Sub Type: Residential
  • Prop. Type: Residential
  • Year Built: 1996
  • Lot Size Acres: 5.1
  • Subdivision Name: Ray Ellis Subdivision
  • Architectural Style: Traditional
  • Property Attached Yn: No
  • Lot Description:Wooded: Yes
  • View:Wooded2: Yes
  • General Property Description:Lot Size SqFt: 222155.0
  • Contract Info:List PriceSqFt2: 171.44
  • General Property Description:Fireplace: Yes
  • General Property Description:SqFt - Main Lvl: 2036.0
  • General Property Description:SqFt - 2nd Flr Lvl: 1172.0
  • General Property Description:_pound_ Fireplace: 1.0
  • General Property Description:HOA: No
  • General Property Description:Basement: Yes
  • General Property Description:Bonus Room: Yes
  • General Property Description:Extra Storage: Yes
  • AtchdDtchd Type:Detached: Yes
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:Internet Available: Yes
  • Misc Features:Walk-in Shower: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Water:Public: Yes
  • Lot Description:Private: Yes
  • Siding:Brick2: Yes
  • Floors:Tile2: Yes
  • Heat:Heat Pump3: Yes
  • Misc Features:Cathedral Ceiling: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Smoke Detector, Security Alarm, Refrigerator, Microwave
  • Has Basement: Plumbed, Roughed In
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Brick, Wood Burning
  • Fireplaces: 1
  • Flooring: Carpet, Hardwood, Tile
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Appliances:Security Alarm: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Extra Storage3: Yes
  • Other Rooms:LaundryUtility: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Family Room: Yes
  • Fireplace:Wood Burning: Yes
  • Basement:Plumbed: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:DenStudy: Yes
  • Other Rooms:Workshop: Yes
  • Misc Features:Island in Kitchen: Yes
  • Basement:Roughed In: Yes
  • Other Rooms:Split Bedroom: Yes
  • Fireplace:Brick3: Yes

Exterior Features

  • Exterior Features: Window - Energy Star, Windows - Vinyl, Fence - Wood, Patio, Cable Available (TV Only)
  • View: Wooded
  • Lot Features: Private, Wooded
  • Construction Type: Brick
  • Construction:Frame: Yes
  • Exterior Features:Cable Available (TV Only): Yes
  • Exterior Features:Windows - Vinyl: Yes
  • Exterior Features:Patio: Yes
  • Exterior Features:Window - Energy Star: Yes
  • Exterior Features:Fence - Wood: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 2.0
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Garage Door Opener, Basement
  • GarageParking:Garage Door Opener: Yes
  • GarageParking:Basement4: Yes

Utilities

  • Cooling: Central Cooling
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Association Fee Incl:All Amenities: Yes
  • Community Amenities:Elevator: Yes
  • Association Fee Incl:Pest Contract: Yes

Fee Information

  • Association Fee Includes: All Amenities, Pest Contract

Schools

  • High School: Halls
  • Middle Or Junior School: Halls

Lot Info

  • Lot Size Sq Ft: 222155.0
  • Parcel #: 018 18105
  • ResoLotSizeUnits: Acres

Rental Info

  • Available Date: 2022-09-14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2022
Closed on
Dec 19, 2022
Sold by
Eversole Steven and Eversole Tracy
Bought by
Mccarthy Matthew
Seller's Agent
Dustin Fisher
Realty Executives Associates
Buyer's Agent
Wala Habiby
Wallace
List Price
$600,000
Sold Price
$520,000
Premium/Discount to List
-$80,000
-13.33%
Views
2
Current Estimated Value
$612,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,153
Avg. Annual Appreciation
5.12%
Original Mortgage
$360,000
Outstanding Balance
$346,576
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$265,577

Purchase Details

Listed on
Apr 26, 2019
Closed on
May 22, 2019
Sold by
King Jon and King Faith A
Bought by
Eversole Steven and Eversole Tracy
List Price
$364,900
Sold Price
$350,000
Premium/Discount to List
-$14,900
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.69%
Original Mortgage
$315,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2008
Sold by
Norman James H
Bought by
King Jon and King Faith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,250
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 1993
Sold by
Hunter Barbara J
Bought by
Norman James H
Source: Public Records
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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
Mccarthy Matthew $520,000 Southeast Title & Escrow
Eversole Steven $350,000 Concord Title
King Jon $275,000 Lenders First Choice
Norman James H $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Matthew $360,000
Previous Owner Eversole Steven $315,000
Previous Owner King Jon $261,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/21/2022 12/21/22 Sold $520,000 -5.5% $162 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/20/2022 10/20/22 Price Changed $550,000 -8.3% $171 / Sq Ft
10/13/2022 10/13/22 For Sale $600,000 +15.4% $187 / Sq Ft
10/06/2022 10/06/22 Off Market $520,000 -- --
09/14/2022 09/14/22 For Sale $600,000 +71.4% $187 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
05/25/2019 05/25/19 Sold $350,000 -4.1% $117 / Sq Ft View Prior Sale
04/26/2019 04/26/19 Pending -- -- --
04/18/2019 04/18/19 For Sale $364,900 -- $122 / Sq Ft
Source: East Tennessee REALTORS® MLS

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 $1,562 $100,500 $0 $0
2024 $1,562 $100,500 $0 $0
2023 $1,562 $100,500 $0 $0
2022 $1,562 $100,500 $0 $0
2021 $1,691 $79,775 $0 $0
2020 $1,419 $66,925 $0 $0
2019 $1,419 $66,925 $0 $0
2018 $1,419 $66,925 $0 $0
2017 $1,419 $66,925 $0 $0
2016 $1,529 $0 $0 $0
2015 $1,529 $0 $0 $0
2014 $1,529 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1204678

East Tennessee REALTORS® MLS

APN: 018-18105

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