When was property at 509 Cedar Lane Northeast built and last sold?

The property at 509 Cedar Lane Northeast was built in 1953 and last sold on Jun 2, 2023 for $270,000.

How much is this home worth?

The estimated value of the home located at 509 Cedar Lane Northeast is $346,154.

What are some comparable homes to 509 Cedar Lane Northeast?

Homes that are comparable to 509 Cedar Lane Northeast include a house property at 5825 Old Central Avenue Pike Northwest , 4907 Rowan Road Northeast , 713 Greensboro Way .

Knoxville

37912

509 Cedar Lane

1 / 30

Map

$329,900

↑ $5K (1.5%)

● House - For Sale

509 Cedar Lane

Knoxville, TN 37912

3 Beds

2 Baths

1300 Sqft

$1,732

Estimated Monthly

HOA / Fees

6.57%

Cap Rate

About This Property

Convenient Location!!!! Completely Remodeled inside and out! Gorgeous Home!!!!!! A Must SEE! Master Suite Bedroom!!!!! New Roof! New Heat & Air!

The manager has listed the unit size as 1300 square feet.

Unit Size

1,300Ft²

Days on Market

108 days

Land Size

0.40 acres

Price per sqft

$254

Property Type

House

Property Taxes

$111

HOA Dues

Year Built

1953

Listed By

Kristi Scarbrough

[email protected]

Powell Auction & Realty,LLC

Last updated: 12 days ago (KAARMLSTN #1249961)

Price History

Date / Event	Date	Event
Apr 8, 2024	Price Increased	$329,900 ↑ $5K (1.5%)
Price Increased
Apr 6, 2024	Price Increased	$324,900 ↑ $15K (4.8%)
Price Increased
Mar 5, 2024	Price Decreased	$310,000 ↓ $5K (1.6%)
Price Decreased
Feb 23, 2024	Price Decreased	$314,900 ↓ $30K (8.7%)
Price Decreased
Feb 16, 2024	Price Decreased	$345,000 ↓ $35K (9.2%)
Price Decreased
Feb 15, 2024	Price Increased	$379,900 ↑ $35K (10.1%)
Price Increased
Jan 26, 2024	Price Decreased	$345,000 ↓ $35K (9.2%)
Price Decreased
Jan 13, 2024	No longer available	-
No longer available
Jan 12, 2024	Listed by Powell Auction & Realty, LLC.	$379,900
Listed by Powell Auction & Realty, LLC.
Dec 7, 2023	Price Decreased	$379,900 ↓ $5K (1.3%)
Price Decreased
Nov 12, 2023	Listed by Powell Auction & Realty, LLC.	$385,000
Listed by Powell Auction & Realty, LLC.

	Convenient Location!!! Completely remodeled inside and out, gorgeous home! A Must See! Master Suite Bedroom! The manager has listed the unit size as 1300 square feet. Powell Auction & Realty, LLC.
Jun 5, 2023	Sold to Hafith Abdulrazaq Ibrahim	$270,000
Sold to Hafith Abdulrazaq Ibrahim
Jan 18, 2023	In contract	-
In contract
Nov 29, 2022	Listed by Powell Auction & Realty, LLC.	$250,000
Listed by Powell Auction & Realty, LLC.

Property Highlights

Air Conditioning

With View

Exterior Details

Exterior Information

Vinyl Siding

Building Info

Overview

General

Year Built: 1953

Effective Year Built: 2000
Total Rooms: 6
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 10
Floor Count: 1
Basement Area: 0
Parking Space Count: 1

Dimensions

Lot Size Square Feet: 17,511

Lot Size Depth Feet: 175
Lot Size Frontage Feet: 100
Total Building Area: 1,300
Gross Building Area: 1,300
Building Area: 1,300
Building Area Measurement: unknown

Heating and Cooling

Air Conditioning: unknown

Heating: unknown
Heated Square Feet: 1,300
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: unknown

Subdivision: CEDAR LANE UNIT 1
Land Acres: 0.402
Legal Description 1: SUBDIVISIONNAME CEDAR LANE UNIT 1 MAPPLATB 19 MAPPLATP 155 DIMENSIONS 100 X 175.3 X IRR

Ownership

Current Owner : IBRAHIM HAFITH ABDULRAZAQ

Previous Owner : ALCON REAL ESTATE HOLDINGS LLC
Owner Before Previous Owner: JOLLAY DAVID W
Owner Before Previous Owner 2: JOLLAY MELODY
Is Owner Occupied: unknown
Ownership Rights Codes: unknown

Neighborhood

School District Name: Knox County School District

Census Tract: 004900

Geography

Assessors Map Reference: MAP #68D

District: CIT
Parcel: 068DE013
Lot: 1
Municipality: CITY OF KNOXVILLE
Latitude: 36.0173
Longitude: -83.9658

Address

Full Address: 509 Cedar Ln

Legal Unit: 1
Address - House Number: 509
Address - Street Name: Cedar
Address - Suffix Type: Ln
State: TN
City Name: Knoxville
Carrier Code: C099
4-Digit Zip Code: 3604
Zip Code: 37912

Valuation

Tax

Tax Year: 2023

Tax Amount: $1,337

Appraisal Valuation

Standard Deviation: 0.0871

Valuation Date: Dec 06, 2023
Confidence Score: 92
Final Value: 386,159
High Value: 419,817
Low Value: 352,500

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $259,462
First Open Lien Mortgage Lender: MORTGAGE INVESTORS GROUP
First Open Lien Mortgage Recording Date: Jun 05, 2023
First Open Lien Mortgage Loan Amount: $259,462
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: unknown
First Open Lien Mortgage Loan Due Date: Jul 01, 2053

Market Valuation

Market Total Value: $144,100

Market Land Value: $16,300
Market Improvement Value: $127,800

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $36,025

Sales

Current Sale Contract Date: Jun 02, 2023

Current Sale Recording Date: Jun 05, 2023
Current Sale Transaction ID: 11907580174
Current Sale Price: $270,000
Current Sale Document Type: unknown
Current Sale Input Document Number: 64840
Previous Sale Recording Date: Mar 24, 2003
Previous Sale Contract Date: Mar 14, 2003
Previous Sale Amount: $55,000
Previous Sale Document Type: unknown

Last Sale Mortgage

First Mortgage Lender: MORTGAGE INVESTORS GROUP

First Mortgage Transaction Date: Jun 05, 2023
First Mortgage Loan Amount: $259,462
First Mortgage Terms: 360
First Mortgage Loan Type: unknown
First Mortgage Loan Due Date: Jul 01, 2053

Previous Mortgages

Previous Mortgage Lender: HOME FEDERAL BANK OF TENNESSEE

Previous Mortgage Transaction Date: Mar 24, 2003
Previous Mortgage Financing Type: unknown
Previous Mortgage Loan Amount: $55,550
Previous Mortgage Term: 12
Previous Mortgage Loan Type: unknown
Previous Mortgage Loan Due Date: Mar 18, 2004

Redact Ownership Info

Comparables

5825 Old Central Avenue Pike Northwest

Active

House

4 Beds

3 Baths

2,355 ft²

$187/ft²

$439,900 Nov 18, 2023

$191/mo

About Knoxville

Stats & Trends

Median Asking:

$314,900

Sale Price/ft²

$212

Below Asking

0.02%

Average Days on Market

Average Home Size

1647 ft²

Average Home Age

60.5 years

Currently For Sale

122 Listings

Similar Homes for Sale

Open House: 9AM - 11AM, Sun Jan 14

Unit for sale at 5825 Old Central Avenue Pike Northwest, Knoxville, TN 37912

$439,900

4 Beds
3 Baths
2,355 ft²

5825 Old Central Avenue Pike Northwest, Knoxville, TN 37912 Listing by Gail Hardy

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Nearby Rentals

Unit for rent at 7427 Long Shot Lane, Knoxville, TN, 37918

$1,900 /mo

2 Beds
2 Baths
1,440 ft²

7427 Long Shot Lane #7427 Long Shot Lane, Knoxville, TN, 37918 Listing by Manager

Unit for rent at 7215 Long Shot Lane, Knoxville, TN, 37918

$1,950 /mo

3 Beds
2 Baths
1,792 ft²

7215 Long Shot Lane #7215 Long Shot Lane, Knoxville, TN, 37918 Listing by Manager

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View Original Listing by Powell Auction & Realty, LLC. (865) 938-3403
LSTN-1249961 Copyright © 2024 Knoxville Area Association of Realtors ®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Listing Status: Active

Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.

509 Cedar Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Geography

Valuation

Comparables

About Knoxville

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions