See Home Value
Knox
8430 Foust Hollow Rd
$558,372*
House - Off Market

8430 Foust Hollow Rd

Knoxville, TN 37938
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
2838 Sqft
$504,000 - $614,000
Reference Base Price*
-0.27%
Since Aug 1, 2023
National-US
Primary Model
Sold Jul 11, 2023
$550,000
$530,000 by Princeton Mortgage Corporation
Mortgage Due Aug 01, 2053
Sold May 31, 2023
$510,000

About This Property

**Unique, Secluded Rancher on 2.85 Acres with Income-Producing Barndominium & Tiny Guest Home**Welcome to this hidden gem nestled on a private, 2.85-acre parcel of land, offering tranquility and privacy in a serene, natural setting. This exceptional property comprises a rancher-style home along with an additional barndominium that presents a tremendous income-producing potential of up to $66,000 annually, or may be used as an in-law suite!The main home, built in a classic rancher style, emphasizes comfort and convenience with its one-level layout. The moment you walk in, you are welcomed by a flowing, traditional ranch-style design accentuated with ample natural light, creating a warm and inviting atmosphere. Well-maintained and updated, the main house exhibits a blend of modern amenities and rustic charm.Adjacent to the main home, the distinctive barndominium is a versatile addition to the property. A 1 bed 2 bath floor-plan equipped with a full kitchen, bathroom, and living space, this structure can serve as an in-law suite, providing a private and comfortable living area for family members. Alternatively, it can be used as a rental property for a steady income stream. With its separate entrance and dedicated parking, privacy for both parties is ensured.Behind the Barndo, you'll find an additional 1 bed 1 bath dwelling, perfect for Holidays with the family! Outside, the sprawling acreage awaits exploration and enjoyment. Whether it's hosting lively summer BBQs, stargazing on clear nights, or simply enjoying the abundance of wildlife, this outdoor space offers countless possibilities. Mature trees dot the property, providing shade and an added layer of privacy.The property's location combines the best of both worlds - secluded, yet conveniently accessible. While enjoying your private oasis, you are also just a short drive away from local amenities as you enter the North Knoxville area, making daily errands and commute hassle-free within the Beautiful Halls community.Experience the perfect balance of seclusion and convenience, of home comfort and investment potential, all within this unique property. Make it your family home, a rental business, or a combination of both - the choice is yours.Bedroom and Bathroom Breakdown:Rancher: 3 bed, 2 bath, 1 bonusBarndo: 1 bed, 2 bathTiny Home: 1 bed 1 bath*Buyer to verify all information.

The manager has listed the unit size as 2838 square feet.
Unit Size
2,838Ft²
Days on Market
-
Land Size
2.85 acres
Price per sqft
$197
Property Type
House
Property Taxes
$1,348
HOA Dues
-
Year Built
1960

Price History

Date / Event Date Event Price
Jul 11, 2023 No longer available -
No longer available
Jul 11, 2023 Sold to Christina M Black, James A ... $550,000
Sold to Christina M Black, James A ...
Jun 10, 2023 In contract -
In contract
Jun 3, 2023 Listed $559,900
Listed
Jun 1, 2023 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2001
  • Building Count: 2
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Traditional
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 124,146
  • Lot Size Depth Feet: 2,956
  • Lot Size Frontage Feet: 1,610
  • Total Building Area: 1,572
  • Gross Building Area: 1,572
  • Building Area: 1,572
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,572
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: None
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: JUSTICE PROP RESUB
  • Land Acres: 2.85
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Petroleum & gas wells (misc.)
  • Legal Description 1: DIMENSIONS 160.98 X 295.60 X IRR LOWLOT 3R1 SUBDIVISION NAME JUSTICE PROP RESUB PLATNUMBER 201703270058503 MAPP LATB 20170327

Ownership

  • Current Owner : BLACK JAMES A
  • Current Owner 2: BLACK CHRISTINA M
  • Previous Owner : BROWN DAVID CORY
  • Previous Owner 2: BROWN VANESSA LEIGH
  • Owner Before Previous Owner: ARMS CURTIS F
  • Owner Before Previous Owner 2: ARMS AUBREY B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Knox County School District
  • Census Tract: 006302

Geography

  • Assessors Map Reference: MAP #19D
  • District: COU
  • Parcel: 019DA003
  • Lot: 3R1
  • Municipality: COUNTY OF KNOX
  • Latitude: 36.1275
  • Longitude: -83.9226

    Address

  • Full Address: 8430 Foust Hollow Rd
  • Address - House Number: 8430
  • Address - Street Name: Foust Hollow
  • Address - Suffix Type: Rd
  • State: TN
  • City Name: Knoxville
  • Carrier Code: R142
  • 4-Digit Zip Code: 2209
  • Zip Code: 37938

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,347

    Appraisal Valuation

  • Standard Deviation: 0.0871
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 92
  • Final Value: 505,007
  • High Value: 549,025
  • Low Value: 460,990

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $530,000
  • First Open Lien Mortgage Lender: PRINCETON MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Jul 11, 2023
  • First Open Lien Mortgage Loan Amount: $530,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $346,800
  • Market Land Value: $32,800
  • Market Improvement Value: $314,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,700

    Sales

  • Current Sale Contract Date: Jul 07, 2023
  • Current Sale Recording Date: Jul 11, 2023
  • Current Sale Transaction ID: 11909269903
  • Current Sale Price: $550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1480
  • Previous Sale Recording Date: May 31, 2023
  • Previous Sale Contract Date: May 25, 2023
  • Previous Sale Amount: $510,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRINCETON MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Jul 11, 2023
  • First Mortgage Loan Amount: $530,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
2,600 ft²
$192/ft²
$499,900 Feb 17, 2023
-
$228/mo
House
3 Beds
2.5 Baths
2,212 ft²
$271/ft²
$600,000 Apr 11, 2023
-
$815/mo
House
3 Beds
2.5 Baths
1,895 ft²
$251/ft²
$475,000 May 18, 2023
-
$132/mo
House
3 Beds
2 Baths
1,813 ft²
$276/ft²
$499,900 Jun 2, 2023
-
$132/mo

About Knox


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Frequently Asked Questions

When was property at 8430 Foust Hollow Road built and last sold?
The property at 8430 Foust Hollow Road was built in 1960 and last sold on Jul 7, 2023 for $550,000.
How much is this home worth?
The estimated value of the home located at 8430 Foust Hollow Road is $560,531.
What are some comparable homes to 8430 Foust Hollow Road?
Homes that are comparable to 8430 Foust Hollow Road include a house property at 8135 Vassar Lane, 8130 Vassar Lane, 8115 Cornell Lane.

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