14 days on rocket

5401 Palmetto Rd, Knoxville, TN, 37921

$409,900

Home List Price

$4,868*

Closing Credit

3 Bedrooms
2 Full Baths
1,296 SqFt
$316/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

5401 Palmetto Rd, Knoxville$409,900

Buyer Closing Credits

$4,868*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Attached, Side/Rear Entry, Main Level
Attached Garage1 space
Year Built1958
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
FireplaceNone
MLS #1261726
Lot Size0.36 Acres
StatusActive

About 5401 Palmetto Rd

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1958
  • Living Area: 1,296 SqFt

Listing Office:

  • Office Name: United Real Estate Solutions
  • Office Phone: (865) 444-2400

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Self Cleaning Oven, Refrigerator, Microwave
  • Basement: No
  • Flooring Type: Hardwood, Tile
  • Interior: Island in Kitchen, Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fenced - Yard, Patio, Porch - Covered

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Attached, Side/Rear Entry, Main Level

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.36 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Karns High School, Public District Grades 9-12
  • Northwest Middle School, Public District Grades 6-8
  • Pleasant Ridge Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take exit 1 from I-640 E onto west Western Ave, turn R onto Palmetto Rd, the house is on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $409,900
  • Price Per SqFt: $316/SqFt

Tax Information:

  • Annual Amount: $1,224
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Knoxville, TN.

Med. Sold Price

$365.6K

Med. Price/SqFt

$207

Avg. Days On Market

30

# of Sold Homes

495

5401 Palmetto Rd vs Knoxville

14 DAYS ON ROCKET

-16 Days

$409,900

+$44.2K More

$316/SqFt

+$108 More

KEY TAKEAWAY

This property is $44.2K more than the Median Sold Price and $108/SqFt more than other homes in Knoxville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1261726

Listing Office:

  • Office Name: United Real Estate Solutions
  • Office Phone: (865) 444-2400

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/18/2024, 6:20:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

May 21, 2021Home Sold
$163,000
Jan 29, 2020Home Sold
$107,267
Nov 02, 2000Home Sold
$81,000
Nov 04, 1998Home Sold
$74,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,224$26,700
2019$1,223$26,700
2017$1,224$26,700

History based on county public records data.

Payment Calculator

$2,113

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,295

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3395527
5
/10
  • Pleasant Ridge Elementary School

  • 3013 Walnoaks Rd

  • 0.64 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3395528
2
/10
  • Northwest Middle School

  • 5301 Pleasant Ridge Rd

  • 0.70 miles

  • Public District Grades 6-8

High School

school-card-donut-3395529
4
/10
  • Karns High School

  • 2710 Byington Solway Rd

  • 6.71 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $46,250. The majority of Knoxville, TN residents have income between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5401 Palmetto Rd

What is the listing price of this property?

The listing price of 5401 Palmetto Rd property is $409,900.

What type of property is this?

The property 5401 Palmetto Rd is a house located in Knoxville, Tennessee, 37921.

Is this property for sale now?

Active Listing: 5401 Palmetto Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5401 Palmetto Rd are:
Pleasant Ridge Elementary School: GreatSchools Rating 5/10
Northwest Middle School: GreatSchools Rating 2/10
Karns High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,224 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on May 21, 2021 for $163,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5401 Palmetto Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5401 Palmetto Rd is 1,296 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5401 Palmetto Rd is 1958.

Rocket HomesTennesseeKnox CountyKnoxville379215401 Palmetto Rd

This home is located at 5401 Palmetto Rd in Knoxville, TN and zip code 37921 in the Cumberland Estates neighborhood. This 1,296 square foot home, which was built in 1958, sits on a 0.36 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 03, 2024 and is currently priced at $409,900.

Over 149 listings were sold over their listed price in April 2024 in Knoxville, TN. In the same period over 223 listings were sold below the listed price and 120 listings were sold for the listed price. The inventory of homes for sale in Knoxville, TN between March 2024 and April 2024 increased by 3.3%. While the average time on the market in April 2024 was 30 days, the median list price was $365,665.

From Rocket Homes Real Estate and based on county public records data.

More Resources