15 days on rocket

Sale Pending

1422 Penrose Terrace Ln, Knoxville, TN, 37923

$755,000

Home List Price

$8,966*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,262 SqFt
$231/SqFt
House
Schools Nearby

Location

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1422 Penrose Terrace Ln, Knoxville$755,000

Buyer Closing Credits

$8,966*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Attached, Main Level
Attached Garage2 spaces
Year Built2018
HeatingCentral, Heat Pump, Natural Gas
CoolingCentral Air, Ceiling Fan(s)
FireplaceBrick, Gas Log
MLS #1258119
Lot Size0.20 Acres
StatusSale Pending
(Pending)

About 1422 Penrose Terrace Ln

Welcome to your dream home! This immaculately maintained 4-bedroom, 3.5-bathroom masterpiece exudes charm and sophistication. Situated in a family-friendly neighborhood, this two-story all-brick gem boasts a perfect blend of elegance and functionality. Step inside to discover a spacious living area adorned with gleaming hardwood floors and flooded with natural light. Stainless steel appliances, including a gas range, a functional island, and a convenient pantry for ample storage make this kitchen the heart of the home. The luxurious master suite offers a large walk-in shower complete with double vanity. With countless upgrades throughout, this home is sure to impress.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2018
  • Living Area: 3,262 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Microwave, Washer
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: Brick, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Windows - Vinyl, Fenced - Yard, Patio, Porch - Covered, Porch - Screened, Prof Landscaped

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Attached, Main Level

Lot Features

Lot Information:

  • Lot: Rolling/Hilly
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Bearden High School, Public District Grades 9-12
  • West Valley Middle School, Public District Grades 6-8
  • Blue Grass Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Take S Gallaher View Road to Nubbin Ridge Road. Turn right on Penrose Terrace Lane. 1422 Penrose Terrace Lane will be on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $755,000
  • Price Per SqFt: $231/SqFt

HOA Fees:

  • Amount: $250
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,118
  • 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

$365K

Med. Price/SqFt

$206

Avg. Days On Market

38

# of Sold Homes

444

1422 Penrose Terrace Ln vs Knoxville

15 DAYS ON ROCKET

-23 Days

$755,000

+$389.9K More

$231/SqFt

+$24 More

KEY TAKEAWAY

This property is $389.9K more than the Median Sold Price and $24/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: #1258119

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: 4/19/2024, 5:20:24 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

Mar 11, 2020Home Sold
$463,500
May 04, 2018Home Sold
$400,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,118$99,925
2019$2,118$99,925
2017$212$10,000

History based on county public records data.

Payment Calculator

$3,856

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,330

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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-667716
8
/10

  • Blue Grass Elementary School

  • 8901 Bluegrass Rd

  • 1.16 miles

  • Public District Grades KG-5

Middle School

school-card-donut-667717
6
/10

  • West Valley Middle School

  • 9118 George Williams Rd

  • 1.47 miles

  • Public District Grades 6-8

High School

school-card-donut-667718
7
/10

  • Bearden High School

  • 8352 Kingston Pike

  • 1.92 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 $83,476. The most common annual income of people living in Knoxville, TN is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Knoxville, TN

What type of housing is available in Knoxville, TN?

In Knoxville, around two thirds of dwellings are single detached homes, while the remainder are mainly large apartment buildings. This city is primarily composed of two bedroom and three bedroom homes. Homeowners occupy about 60% of the dwellings in Knoxville and renters occupy the remainder. The median year of construction for dwellings in this city is 1981.

Is Knoxville, TN a good place to live?

The noise levels in Knoxville are low, as the streets are usually peaceful - however some areas can be quite noisy, especially around one of the 2 airports (Knoxville Downtown Island Airport, Powell Stolport), one of the railway lines, US Highway 25W or Interstate 75.

Are things conveniently located in Knoxville, TN?

It is convenient to get to the closest grocery store on foot in Knoxville. Broadway Street is among the best streets for groceries. There are also a few options for those who care about restaurants and cafes in close proximity. With regards to education, primary schools are easy to reach on foot from any location in Knoxville. In contrast, residents may consider it difficult to access high schools on foot. Along with public schools, there are private elementary and secondary schools.

What does the transportation in Knoxville, TN look like?

The favored approach to get around in this city is very often a car. It is a reasonably short drive to the closest highway, such as Interstate 40, from anywhere in this city, and it is very easy to access a parking spot. On the other hand, the public transit service in Knoxville is quite poor. Nevertheless, residents are served by around 20 bus lines, and bus stops are not very far-removed from most homes. Walking is not very practical for property owners in Knoxville as few common errands can be run without the use of a car.

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Frequently Asked Questions About 1422 Penrose Terrace Ln

What is the listing price of this property?

The listing price of 1422 Penrose Terrace Ln property is $755,000.

What type of property is this?

The property 1422 Penrose Terrace Ln is a house located in Knoxville, Tennessee, 37923.

Is this property for sale now?

Sale Pending: 1422 Penrose Terrace 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 1422 Penrose Terrace Ln are:
Blue Grass Elementary School: GreatSchools Rating 8/10
West Valley Middle School: GreatSchools Rating 6/10
Bearden 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 $2,118 (source: MLS/based on county public records data).

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

The last sale was on March 11, 2020 for $463,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1422 Penrose Terrace Ln has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1422 Penrose Terrace Ln is 3,262 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1422 Penrose Terrace Ln is 2018.

Rocket Homes›Tennessee›Knox County›Knoxville›37923›1422 Penrose Terrace Ln

This home is located at 1422 Penrose Terrace Ln in Knoxville, TN and zip code 37923. This 3,262 square foot home, which was built in 2018, sits on a 0.20 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $755,000.

In March 2024 more than 114 listings in Knoxville, TN were sold above the asking price. During the same period more than 95 listings were sold at asking price, while more than 234 were sold below. The number of homes for sale in Knoxville, TN increased by 5.3% between February 2024 and March 2024. Listings spent 38 days on the market in March 2024, and had a median list price of $365,052 during the same period.

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

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