1 month on rocket

Sale Pending

1403 Laurel Ave, Knoxville, TN, 37916

$875,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,360 SqFt
$371/SqFt
House
Schools Nearby

Location

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1403 Laurel Ave, Knoxville$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOn-Street Parking, Garage Door Opener, Designated Parking, Detached, Main Level, Off-Street Parking
Garage2 spaces
Year Built1990
HeatingCentral, Forced Air, Natural Gas, Electric
CoolingCentral Air, Ceiling Fan(s)
FireplaceWood Burning
ViewMountain(s), City
MLS #1257333
Lot Size0.26 Acres
StatusSale Pending
(Pending - Continue to Show)

About 1403 Laurel Ave

Incredible opportunity to live close to the University of Tennessee campus and downtown Knoxville in this stunning, contemporary style 4BR/2.5BA home with separate 1BR/1.5BA guesthouse over a detached 2 car garage. 1403 Laurel Avenue sits on top of the hill in the Fort Sanders neighborhood. Main house was designed by and custom built for a UT Professor/visual artist in 1990. Constructed with superb workmanship and high-quality materials throughout (Exterior - 2x6 framing, R19 insulation, cement stucco siding that has been meticulously maintained; Interior - custom windows and trim, all cabinetry built by local craftsman or special ordered). The climate controlled 2 car garage with approximate 690 SF guesthouse (not included in overall square footage) was added by current owners in 2001 and was constructed by the original builder with the same superior craftsmanship. The garage has ample storage and workbench features. An elegant courtyard with privacy walls connects the two houses. The interior of the main home offers an atmosphere of serenity. Architectural details include: a magnificent, curved wall that serves as the focal point as you enter and approach the living area, custom built-ins in the living room, a round window on the upper level that perfectly frames Mount LeConte. Main level features a spacious living room, large dining room, a guest bedroom/office, powder room, and a custom kitchen with gorgeous eco-friendly soapstone counters, large center island and two sinks/prep stations. Upstairs you will find a large primary suite with walk in closet, 2 guest bedrooms, guest bath and a laundry area off the foyer. Beautifully refinished white oak hardwoods on both levels of the home and an abundance of natural light in every room. Behind the main house is a private gated courtyard; the perfect spot for entertaining guests or relaxing. Beyond the courtyard is the 2 car garage with 1BR/1.5BA guesthouse above with separate entrance. You'll find beautiful hardwood floors in living room, bedroom and kitchen with tile in both bathrooms. Guesthouse is being sold fully furnished and includes all appliances, washer/dryer, linens, and all kitchen items. Current owners have enjoyed the freedom from car dependency for the past 24 years, with campus (including Neyland Stadium, Thompson-Bowling Arena, and the Clarence Brown Theater), downtown, Market Square restaurants, and World's Fair Park events only a short distance away. 1403 Laurel Avenue will reward its owner with the ultimate experience in urban living.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1990
  • Living Area: 2,360 SqFt

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 584-4000

Interior Features

Interior Information:

  • Appliances: Central Vacuum, Dishwasher, Disposal, Dryer, Gas Oven, Self Cleaning Oven, Refrigerator, Microwave, Washer
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s)
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Mountain(s), City
  • Exterior: Windows - Wood, Windows - Insulated, Fence - Privacy, Patio, Porch - Covered, Prof Landscaped

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: On-Street Parking, Garage Door Opener, Designated Parking, Detached, Main Level, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.26 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • West High School, Public Magnet Grades 9-12
  • Bearden Middle School, Public District Grades 6-8
  • Sequoyah Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From I-40 E or W take exit 387 toward SR-62/17th Street, Turn right onto N 17th Street, Take left onto Laurel Avenue, Turn left onto 14th Street. Once on 14th Street park in driveway immediately on left in front of 2 car garage (SOP).

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $371/SqFt

Tax Information:

  • Annual Amount: $2,127
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$365K

Med. Price/SqFt

$206

Avg. Days On Market

38

# of Sold Homes

444

1403 Laurel Ave vs Knoxville

31 DAYS ON ROCKET

-7 Days

$875,000

+$509.9K More

$371/SqFt

+$164 More

KEY TAKEAWAY

This property is $509.9K more than the Median Sold Price and $164/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: #1257333

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 584-4000

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: 4/29/2024, 12:50:22 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

Aug 28, 2000Home Sold
$245,000
Jan 01, 1991Home Sold
$28,000
Jan 27, 1988Home Sold
$28,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,127$86,325
2019$3,956$86,325
2017$3,957$86,325

History based on county public records data.

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$4,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

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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-2810618
8
/10
  • Sequoyah Elementary School

  • 942 Southgate Rd

  • 2.79 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2810619
4
/10
  • Bearden Middle School

  • 1000 Francis Rd

  • 6.08 miles

  • Public District Grades 6-8

High School

school-card-donut-2810620
7
/10
  • West High School

  • 3300 Sutherland Ave

  • 2.65 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $10,153. Typical income of Knoxville, TN residents is less than $35k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1403 Laurel Ave

What is the listing price of this property?

The listing price of 1403 Laurel Ave property is $875,000.

What type of property is this?

The property 1403 Laurel Ave is a house located in Knoxville, Tennessee, 37916.

Is this property for sale now?

Sale Pending: 1403 Laurel 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 1403 Laurel Ave are:
Sequoyah Elementary School: GreatSchools Rating 8/10
Bearden Middle School: GreatSchools Rating 4/10
West High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,127 (source: MLS/based on county public records data).

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

The last sale was on August 28, 2000 for $245,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1403 Laurel Ave has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1403 Laurel Ave is 2,360 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1403 Laurel Ave is 1990.

Rocket HomesTennesseeKnox CountyKnoxville379161403 Laurel Ave

This home is located at 1403 Laurel Ave in Knoxville, TN and zip code 37916 in the Fort Sanders neighborhood. This 2,360 square foot home, which was built in 1990, sits on a 0.26 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $875,000.

Over 114 listings were sold over their listed price in March 2024 in Knoxville, TN. In the same period over 234 listings were sold below the listed price and 95 listings were sold for the listed price. Between February 2024 and March 2024, Knoxville, TN real estate market has seen increase in the number of listings by 5.3%. In March 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $365,052.

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

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