14 days on rocket

Sale Pending

1016 Valley Ave, Knoxville, TN, 37920

$215,000

Home List Price

$2,553*

Closing Credit

2 Bedrooms
1 Full Bath
837 SqFt
$257/SqFt
House
Schools Nearby

Location

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1016 Valley Ave, Knoxville$215,000

Buyer Closing Credits

$2,553*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOn-Street Parking
Year Built1950
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
FireplaceNone
MLS #1259693
Lot Size0.16 Acres
StatusSale Pending
(Pending - Continue to Show)

About 1016 Valley Ave

Oh my goodness, what a cutie! Welcome to 1016 Valley Ave, a charming and well-located home in the heart of Knoxville, TN. This property presents a fantastic opportunity for homeownership or a savvy investment at an attractive price point. Featuring 2 bedrooms and 1 full bathroom, this delightful home, described as ''cute as a button,'' offers 837 square feet of living space, ensuring comfort and convenience for its occupants. The character of this older home shines through with it's charming front porch and beautiful hardwood floors that add warmth and a timeless appeal to the interior spaces. A unique spiral staircase not only serves as a functional element of the home but also as an eye-catching design feature, adding a touch of elegance and creativity leading to the upper bonus area. The upper bonus area (NOT included in overall square footage) has heat and air and easily could be finished into an additional room or used as a storage area. The home sits on a level yard, providing plenty of open space for outdoor activities and relaxation. Don't miss your chance to own this charming house located in vibrant South Knoxville. The location is very convenient to downtown Knoxville, restaurants, hospitals, the University of Tennessee, and the interstate. And don't forget about nearby South Landing Park at the waterfront. With its blend of aesthetic appeal, practicality, and strategic location, it's a property that offers both immediate enjoyment or a great long term income producing property. Whether you are a first time home owner, student, downsizing, or looking to invest, this home offers an unmatched blend of comfort, charm, and convenience. Schedule your appointment today! SHOWINGS BEGIN APRIL 20 (Roof 11/2019, new HVAC, water hater, and dishwasher. Hardwoods under kitchen flooring)

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1950
  • Living Area: 837 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 983-0011

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Basement: No
  • Flooring Type: Hardwood, Vinyl, Tile
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Windows - Vinyl, Porch - Covered, Cable Available (TV Only)

Parking Information:

  • Attached Garage: No
  • Parking: On-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • South-Doyle High School, Public District Grades 9-12
  • South Doyle Middle School, Public District Grades 6-8
  • South Knox Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From I40 east, exit 388A for SR-158 West, keep left for Hall of Fame, Exit at Sevier Ave, Right onto Anita, Left on Sevier, Right on Valley, House on the left. Sign on property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $215,000
  • Price Per SqFt: $257/SqFt

Tax Information:

  • Annual Amount: $428
  • Tax Year: 2020
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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

1016 Valley Ave vs Knoxville

14 DAYS ON ROCKET

-16 Days

$215,000

-$150.6K Less

$257/SqFt

+$49 More

KEY TAKEAWAY

This property is $150.6K less than the Median Sold Price and $49/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: #1259693

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 983-0011

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: 5/1/2024, 11:20:23 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

Nov 02, 2010Home Sold
$47,600
Jul 07, 1997Home Sold
$37,500
Dec 20, 1994Home Sold
$37,500
Mar 31, 1994Home Sold
$37,500

Tax History

YEARPROP. TAXASSESSMENT
2020$428$9,350
2019$428$9,350
2017$428$9,350

History based on county public records data.

Payment Calculator

$1,141

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$711

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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-4453472
7
/10
  • South Knox Elementary School

  • 801 Sevier Ave

  • 0.30 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4453473
4
/10
  • South Doyle Middle School

  • 3900 Decatur Dr

  • 1.18 miles

  • Public District Grades 6-8

High School

school-card-donut-4453474
4
/10
  • South-Doyle High School

  • 2020 Tipton Station Rd

  • 4.66 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,735. Residents of Knoxville, TN typically earn less than $35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1016 Valley Ave

What is the listing price of this property?

The listing price of 1016 Valley Ave property is $215,000.

What type of property is this?

The property 1016 Valley Ave is a house located in Knoxville, Tennessee, 37920.

Is this property for sale now?

Sale Pending: 1016 Valley Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 1016 Valley Ave are:
South Knox Elementary School: GreatSchools Rating 7/10
South Doyle Middle School: GreatSchools Rating 4/10
South-Doyle 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 $428 (source: MLS/based on county public records data).

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

The last sale was on November 2, 2010 for $47,600. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1016 Valley Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1016 Valley Ave is 837 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1016 Valley Ave is 1950.

Rocket HomesTennesseeKnox CountyKnoxville379201016 Valley Ave

This home is located at 1016 Valley Ave in Knoxville, TN and zip code 37920 in the South Knoxville neighborhood. This 837 square foot home, which was built in 1950, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $215,000.

Knoxville, TN housing market in April 2024 saw over 149 listings sold above listed price, more than 120 sold at listed price and over 223 sold below. The number of homes for sale in Knoxville, TN increased by 3.3% between March 2024 and April 2024. In April 2024 median list price was $365,665 and the average listing age was 30 days.

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

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