See Home Value
$446,000 - $544,000
House - Off Market

125 Gilbert Lane

Knoxville, TN 37920
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1941 Sqft
Sold Feb 02, 2024
$473,000
Sold Dec 23, 2020
$355,000
$319,500 by Sprout Mortgage Llc
Mortgage Due Jan 01, 2051

About This Property

Welcome to your fully furnished dream cottage, a perfect addition to any investor portfolio! Tenants in place until July 2024! This stunning Tudor home, nestled in the heart of thriving South Knoxville, awaits your exploration. Set on a spacious lot adorned with mature trees and shrubs, this residence offers an enchanting, covered porch and a bright, airy living room featuring a gorgeous, tiled fireplace.Step inside to discover the charm of arched doorways, a beautiful kitchen boasting stainless steel appliances, and a generous primary bedroom with a large closet and an incredible backyard view. The main level also hosts a second bedroom, a full bathroom, and a convenient laundry area.Upstairs, a cozy retreat awaits with an additional bedroom, bathroom, and a versatile reading nook/office space. The property includes a 2-car basement garage and a finished basement area with new lighting and polished floors - perfect for an additional office, studio, or entertainment space.Conveniently located around the corner from Ijams Nature Center, Island Home Park, and a short distance to Suttree Landing Park, Sevier Ave, and downtown Knoxville, this home beckons you to make it your own. Previously a well-maintained Airbnb, it comes fully furnished with hardwood floors throughout and abundant natural lighting.Whether you're enjoying a relaxing evening in the furnished basement/bonus room set up for entertainment or unwinding in the spacious, open backyard, this residence offers a perfect blend of comfort and style. Don't miss your chance to call this place Home - schedule your viewing today! Sold AS-IS, All info deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information.

The manager has listed the unit size as 1941 square feet.
Unit Size
1,941Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$255
Property Type
House
Property Taxes
$190
HOA Dues
-
Year Built
1938

Price History

Date / Event Date Event Price
Feb 1, 2024 No longer available -
No longer available
Dec 20, 2023 In contract -
In contract
Nov 25, 2023 Listed $495,000
Listed
Dec 23, 2020 Sold to Joshua Emile Louka $355,000
Sold to Joshua Emile Louka

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 2010
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Exterior Walls Type: Brick
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,378
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 29,142
  • Lot Size Depth Feet: 243
  • Lot Size Frontage Feet: 120
  • Total Building Area: 1,378
  • Gross Building Area: 3,882
  • Building Area: 1,378
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,378
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: PROPERTY ON GILBERT LANE
  • Land Acres: 0.669
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: DIMENSIONS 120 X 245 X IRR

Ownership

  • Current Owner : JARNAGIN HUGH D
  • Current Owner 2: JARNAGIN LUANN C
  • Previous Owner : LOUKA JOSHUA EMILE
  • Owner Before Previous Owner: WEBER MICHAEL C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 002200

Geography

  • Assessors Map Reference: MAP #109D
  • District: CIT
  • Parcel: 109DA013
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9548
  • Longitude: -83.8792

    Address

  • Full Address: 125 Gilbert Ln
  • Address - House Number: 125
  • Address - Street Name: Gilbert
  • Address - Suffix Type: Ln
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C072
  • 4-Digit Zip Code: 3616
  • Zip Code: 37920

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,278

    Appraisal Valuation

  • Standard Deviation: 0.0871
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 92
  • Final Value: 472,439
  • High Value: 513,612
  • Low Value: 431,266

    Market Valuation

  • Market Total Value: $245,600
  • Market Land Value: $23,100
  • Market Improvement Value: $222,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $61,400

    Sales

  • Current Sale Contract Date: Jan 31, 2024
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Transaction ID: 11921926958
  • Current Sale Price: $473,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 37185
  • Previous Sale Recording Date: Dec 23, 2020
  • Previous Sale Contract Date: Dec 18, 2020
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SPROUT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 23, 2020
  • Previous Mortgage Loan Amount: $319,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About South Knoxville


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Nearby Rentals

Unit for rent at 2569 Brooks Ave., Knoxville, TN, 37914

$1,950 /mo

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  • 1 Bath
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2569 Brooks Ave. #2569 Brooks Ave., Knoxville, TN, 37914 Listing by Manager
Unit for rent at 2206 Maplewood Dr, Knoxville, TN, 37920

$1,950 /mo

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2206 Maplewood Dr, Knoxville, TN, 37920 Listing by Manager
Unit for rent at 3032 Dodd Street, Knoxville, TN, 37920

$1,950 /mo

  • 3 Beds
  • 2 Baths
  • 1,300 ft²
3032 Dodd Street #3032 Dodd Street, Knoxville, TN, 37920 Listing by Manager


Frequently Asked Questions

When was property at 125 Gilbert Lane built and last sold?
The property at 125 Gilbert Lane was built in 1938 and last sold on Jan 31, 2024 for $473,000.
How much is this home worth?
The estimated value of the home located at 125 Gilbert Lane is $496,438.
What are some comparable homes to 125 Gilbert Lane?
There are currently no comparable homes to 125 Gilbert Lane.

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