Check Availability
Knoxville 37921
5401 Palmetto Rd
$399,000
↓ $11K (2.7%)
House - For Sale

5401 Palmetto Rd

Knoxville, TN 37921
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1296 Sqft
$2,092
Estimated Monthly
6.14%
Cap Rate

About This Property

This property is a fantastic find with its convenient one-level living and excellent location just off Western Ave. It has been completely renovated from the studs. A beautiful all bricks 3beds/2baths home with open floor plan and custom finished hardwood floor throughout the house. Bright kitchen with quartz countertops, full quartz backsplash, an eat-in kitchen island, and all new high-end stainless-steel appliances. All bathrooms have been updated with tiles and quartz vanities. Other features include new HVAC, roof, gutters, and windows. Level lot with beautiful landscaping and fenced backyard. Convenient location within minutes to interstate, shopping areas and restaurants. Pictures don't even do the justice; this is a must-see home!!! Don't wait, bring your offer.

The manager has listed the unit size as 1296 square feet.
Unit Size
1,296Ft²
Days on Market
22 days
Land Size
0.36 acres
Price per sqft
$308
Property Type
House
Property Taxes
$132
HOA Dues
-
Year Built
1958

Listed By

Ha Nguyen
United Real Estate Solutions
Last updated: 6 days ago (KAARMLSTN #1261726)

Price History

Date / Event Date Event Price
May 20, 2024 Price Decreased $399,000
↓ $11K (2.7%)
Price Decreased
May 16, 2024 Price Decreased $409,900
↓ $10K (2.4%)
Price Decreased
May 11, 2024 Price Decreased $419,900
↓ $4K (1%)
Price Decreased
May 9, 2024 Price Decreased $424,000
↓ $1K (0.2%)
Price Decreased
May 3, 2024 Listed by United Real Estate Solutions $425,000
Listed by United Real Estate Solutions
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Property Highlights

Air Conditioning
Exterior Details

Exterior Information

Brick

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1990
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Floor Count: 1
  • Basement Area: 0
  • Garage Square Area: 324
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 15,812
  • Lot Size Depth Feet: 141
  • Lot Size Frontage Feet: 112
  • Total Building Area: 1,296
  • Gross Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,296
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: SECT 2 CUMBERLAND EST
  • Land Acres: 0.363
  • Legal Description 1: SUBDIVISIONNAME SECT 2 CUMBERLAND EST MAPPLATB 23 MAPPL ATP 92 DIMENSIONS 110 X 156.7 X IRR

Ownership

  • Current Owner : NGUYEN RACHEL NY
  • Current Owner 2: NGUYEN DAO
  • Previous Owner : NGUYEN RACHEL NY
  • Owner Before Previous Owner: FORETHOUGHT LIFE INSURANCE COMPANY
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown
  • Vacant Flag: unknown
  • Vacant Flag Date: Nov 16, 2023

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 004700

Geography

  • Assessors Map Reference: MAP #80I
  • District: CIT
  • Section: 2
  • Parcel: 080IG034
  • Lot: 59
  • Municipality: CITY OF KNOXVILLE
  • Latitude: 35.9836
  • Longitude: -84.0111

    Address

  • Full Address: 5401 Palmetto Rd
  • Address - House Number: 5401
  • Address - Street Name: Palmetto
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Knoxville
  • Carrier Code: C019
  • 4-Digit Zip Code: 1339
  • Zip Code: 37921

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,587
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2522
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 64
  • Final Value: 262,537
  • High Value: 328,771
  • Low Value: 196,304

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,400
  • First Open Lien Mortgage Lender: HOMEXPRESS MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: May 21, 2021
  • First Open Lien Mortgage Loan Amount: $130,400
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $171,100
  • Market Land Value: $18,700
  • Market Improvement Value: $152,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,775

    Sales

  • Current Sale Contract Date: Dec 02, 2022
  • Current Sale Recording Date: Dec 05, 2022
  • Current Sale Transaction ID: 11899589060
  • Current Sale Price: $171,100
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 32853
  • Previous Sale Recording Date: May 21, 2021
  • Previous Sale Contract Date: Apr 02, 2021
  • Previous Sale Amount: $163,000
  • Previous Sale Document Type: unknown

    Previous Mortgages

  • Previous Mortgage Lender: HOMEXPRESS MORTGAGE CORP
  • Previous Mortgage Transaction Date: May 21, 2021
  • Previous Mortgage Loan Amount: $130,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Jun 01, 2051

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1.5 Baths
1,557 ft²
$241/ft²
$375,000 Apr 26, 2024
-
$133/mo
Other
Loft
2.5 Baths
2,066 ft²
$218/ft²
$449,900 Apr 25, 2024
-
$189/mo
Other
Loft
2.5 Baths
2,114 ft²
$222/ft²
$470,000 Feb 15, 2024
-
$173/mo
Multifamily
Stu
-
2,650 ft²
$181/ft²
$480,000 Apr 6, 2024
-
$205/mo

About Knoxville


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Frequently Asked Questions

When was property at 5401 Palmetto Road built and last sold?
The property at 5401 Palmetto Road was built in 1958 and last sold on Dec 2, 2022 for $171,100.
How much is this home worth?
The estimated value of the home located at 5401 Palmetto Road is $379,546.
What are some comparable homes to 5401 Palmetto Road?
Homes that are comparable to 5401 Palmetto Road include a house property at 5107 Cumberland Wood Drive Northwest, a other property at 2108 Wesley Ridge Lane, 2127 Wesley Ridge Lane.

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