11 days on rocket

Sale Pending

12504 Gatewater Ln, Knoxville, TN, 37922

$1,575,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 1 Partial
4,409 SqFt
$357/SqFt
House
Schools Nearby

Location

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12504 Gatewater Ln, Knoxville$1,575,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Attached, Side/Rear Entry, Main Level
Attached Garage3 spaces
Year Built2007
HeatingCentral, Natural Gas, Electric
CoolingCentral Air
WaterfrontLake Access
FireplaceStone, Gas Log
ViewLake
MLS #1260211
Lot Size0.40 Acres
StatusSale Pending
(Pending - Continue to Show - Inspection)

About 12504 Gatewater Ln

This lovely Mallard Bay home has wonderful curb appeal with its lush lawn paired with mature trees and shrubs. Off a quaint covered front porch through a pair of French doors, guests are welcomed into an open foyer showcasing rich hardwoods and an open staircase. Flanking the entry is a spacious formal dining space with wainscoting and a large niche perfect for a buffet as well as built-in cabinets to display your beautiful glassware and china and a wine rack for your favorite wines. Through a small entry hall, the spacious primary living space unfolds showcasing a focal fireplace and offering seamless access to a large eat-in kitchen with island/breakfast bar, gas cooktop, stainless appliances and plenty of storage. Off the back of the kitchen is additional living space with a vaulted ceiling, exposed beams, fireplace and large windows allowing ample natural light. The primary suite is roomy and boasts a double trey ceiling and private access to the back patio. The attached bath has dual sinks, ample storage, walk-in shower, and jetted tub. The upper level has a large landing as well as the remaining bedrooms and baths plus a spacious bonus room perfect for play or entertainment. The back patio has covered and uncovered spaces for dining or simply relaxing and a few steps down off the patio, you can enjoy the built-in firepit, covered grilling station and inground pool and hot tub. This lovely home is located in Mallard Bay which offers lake access via the neighborhood dock and boat ramp and within a short drive to local shops and restaurants.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2007
  • Living Area: 4,409 SqFt

Listing Office:

  • Office Name: Keller Williams Signature
  • Office Phone: (865) 588-9300

Interior Features

Interior Information:

  • Appliances: Central Vacuum, Dishwasher, Disposal, Gas Oven, Microwave
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Cathedral Ceiling(s), Island in Kitchen, Walk-In Closet(s), Wet Bar
  • Fireplace: Stone, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Lake Access
  • View: Lake
  • Exterior: Irrigation System, Windows - Insulated, Fenced - Yard, Patio, Pool - Swim (Ingrnd), Porch - Covered, Prof Landscaped, Cable Available (TV Only)

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Attached, Side/Rear Entry, Main Level

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Farragut High School, Public District Grades 9-12
  • Farragut Middle School, Public District Grades 6-8
  • Northshore Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Northshore to right on Choto, right into Mallard Bay, right onto Mallard Bay Drive, left on Gatewater, home on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,575,000
  • Price Per SqFt: $357/SqFt

HOA Fees:

  • Amount: $500
  • Frequency: Annually

Tax Information:

  • Annual Amount: $3,786
  • Tax Year: 2020
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Housing Market Comparison

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

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Knoxville, TN

City

Med. Sold Price

$365.6K

Med. Price/SqFt

$207

Avg. Days On Market

30

# of Sold Homes

495

12504 Gatewater Ln vs Knoxville

11 DAYS ON ROCKET

-19 Days

$1,575,000

+$1.2M More

$357/SqFt

+$149 More

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $149/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: #1260211

Listing Office:

  • Office Name: Keller Williams Signature
  • Office Phone: (865) 588-9300

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: 5/4/2024, 12:20:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 24, 2017Home Sold
$650,000
Jul 01, 2013Home Sold
$675,000
Aug 01, 2012Home Sold
$675,000
Apr 09, 2007Home Sold
$810,850
Feb 15, 2006Home Sold
$117,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,786$178,575
2019$3,786$178,575
2017$3,786$178,575

History based on county public records data.

Payment Calculator

$7,969

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,788

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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-5655676
7
/10

  • Northshore Elementary School

  • 1889 Thunderhead Rd

  • 5.41 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5655677
9
/10

  • Farragut Middle School

  • 200 W End Ave

  • 3.59 miles

  • Public District Grades 6-8

High School

school-card-donut-5655678
9
/10

  • Farragut High School

  • 11237 Kingston Pike

  • 3.35 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $142,500. Residents of Knoxville, TN typically earn between $100k-200k each year. Most families are married, with 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 12504 Gatewater Ln

What is the listing price of this property?

The listing price of 12504 Gatewater Ln property is $1,575,000.

What type of property is this?

The property 12504 Gatewater Ln is a house located in Knoxville, Tennessee, 37922.

Is this property for sale now?

Sale Pending: 12504 Gatewater Ln 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 12504 Gatewater Ln are:
Northshore Elementary School: GreatSchools Rating 7/10
Farragut Middle School: GreatSchools Rating 9/10
Farragut High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,786 (source: MLS/based on county public records data).

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

The last sale was on July 24, 2017 for $650,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 12504 Gatewater Ln has 4 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 12504 Gatewater Ln is 4,409 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 12504 Gatewater Ln is 2007.

Rocket Homes›Tennessee›Knox County›Knoxville›37922›12504 Gatewater Ln

This home is located at 12504 Gatewater Ln in Knoxville, TN and zip code 37922 in the Mallard Bay neighborhood. This 4,409 square foot home, which was built in 2007, sits on a 0.40 acre lot. Features: 4 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since April 22, 2024 and is currently priced at $1,575,000.

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 inventory of homes for sale in Knoxville, TN between March 2024 and April 2024 increased by 3.3%. 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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