1 month on rocket

Sale Pending

159 Old State Rd, Knoxville, TN, 37914

$120,000

Home List Price

$1,425*

Closing Credit

3 Bedrooms
1 Full Bath
1,749 SqFt
$69/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

159 Old State Rd, Knoxville$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDesignated Parking, Side/Rear Entry, Main Level
Year Built1940
HeatingNone, Electric
CoolingNone
BasementYes
FireplaceNone
ViewCity
MLS #1256093
Lot Size0.21 Acres
StatusSale Pending
(Pending)

About 159 Old State Rd

Attention Dream Home Seekers and Investors! *SOLD AS IS* Unlock the potential of this blank canvas and transform it into your dream house! Situated in a prime location with easy access to major interstate roads, this property offers endless possibilities. Featuring the main house with the potential to become your ideal living space, complete with three bedrooms upstairs, and the added bonus of an in-law apartment downstairs, this home is perfect for multigenerational living or rental income. Investors, take note! This property presents an excellent opportunity for short or long-term rental income. With the potential to convert the basement into a separate apartment with a private entry, you can maximize your rental returns. Conveniently located just 6 minutes from the University of Tennessee and 7 minutes from West Town Mall, with easy access right off I-40, this property offers both convenience and potential. And for those seeking a weekend getaway or exploring the music scene, Gatlinburg is just 38 miles away, while Nashville, the capital of music, is a mere 2.5 hours drive. With no HOA fees and a competitive price, this property is your chance to increase equity through remodeling or start earning rental income right away. Don't miss out on this incredible opportunity! Schedule a showing today! This property is being advertised as a three-bedroom, one-bathroom home. However, according to the tax office records, it may appear as a four-bedroom, two-bathroom property. It seems there was an additional bathroom and bedroom downstairs at some point, but this is no longer the case. Buyers are advised to consider this information when evaluating the property. Please verify all details independently to ensure accuracy. All measurements and information provided are obtained from the tax office and deemed reliable but not guaranteed. Buyer is responsible for obtaining their own information and verifying all details regarding the property. Contact the tax office for the most up-to-date data and details about this property. SPANISH Esta propiedad se está anunciando como una casa de tres habitaciones y un baño. Sin embargo, según los registros de la oficina de impuestos, podría aparecer como una propiedad de cuatro habitaciones y dos baños. Parece que en algún momento hubo un baño y una habitación adicionales en el piso de abajo, pero esto ya no es así. Se recomienda a los compradores que consideren esta información al evaluar la propiedad. Por favor, verifique todos los detalles de forma independiente para garantizar la precisión. Todas las medidas e información proporcionadas son obtenidas de la oficina de impuestos y se consideran confiables pero no garantizados. El comprador es responsable de obtener su propia información y verificar todos los detalles sobre la propiedad. La exactitud de esta información no está garantizada. Comuníquese con la oficina de impuestos para obtener los datos más actualizados y detalles sobre esta propiedad.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1940
  • Living Area: 1,749 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 519-5113

Interior Features

Interior Information:

  • Appliances: None
  • Basement: Yes
  • Flooring Type: Laminate
  • Interior: Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: City
  • Exterior: Windows - Aluminum, Porch - Covered

Parking Information:

  • Attached Garage: No
  • Parking: Designated Parking, Side/Rear Entry, Main Level

Lot Features

Lot Information:

  • Lot: Irregular Lot, Rolling/Hilly
  • Lot Size: 0.21 Acres

Utilities

Utilities Information:

  • Heating: None, Electric
  • Cooling: None

School Info

Assigned Schools Information:

  • Austin-East Magnet High School, Public Magnet Grades 9-12
  • Holston Middle School, Public District Grades 6-8
  • Ritta Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Driving on I-40 eastbound, take exit 392 and turn left onto Rutledge Pike. Follow Rutledge Pike and take a left onto McCalla Avenue, then another left onto Pelham Park Avenue. Continue on Pelham Park Avenue and take a left onto Old State Road. The property will be the second house on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000
  • Price Per SqFt: $69/SqFt

Tax Information:

  • Annual Amount: $705
  • 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

$365K

Med. Price/SqFt

$206

Avg. Days On Market

38

# of Sold Homes

444

159 Old State Rd vs Knoxville

42 DAYS ON ROCKET

+4 Days

$120,000

-$245K Less

$69/SqFt

-$138 Less

KEY TAKEAWAY

This property is $245K less than the Median Sold Price and $138/SqFt less 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: #1256093

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 519-5113

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

Dec 27, 2016Home Sold
$27,280
Dec 27, 2013Home Sold
$35,000

Tax History

YEARPROP. TAXASSESSMENT
2020$705$15,400
2019$705$15,400
2017$705$15,400

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

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-2774536
3
/10
  • Ritta Elementary School

  • 6228 Washington Pike

  • 3.86 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2774537
4
/10
  • Holston Middle School

  • 600 N Chilhowee Dr

  • 1.19 miles

  • Public District Grades 6-8

High School

school-card-donut-2774538
2
/10
  • Austin-East Magnet High School

  • 2800 M L King Jr Av

  • 1.39 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,786. 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 159 Old State Rd

What is the listing price of this property?

The listing price of 159 Old State Rd property is $120,000.

What type of property is this?

The property 159 Old State Rd is a house located in Knoxville, Tennessee, 37914.

Is this property for sale now?

Sale Pending: 159 Old State Rd 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 159 Old State Rd are:
Ritta Elementary School: GreatSchools Rating 3/10
Holston Middle School: GreatSchools Rating 4/10
Austin-East Magnet High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $705 (source: MLS/based on county public records data).

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

The last sale was on December 27, 2016 for $27,280. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 159 Old State Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 159 Old State Rd is 1,749 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 159 Old State Rd is 1940.

Rocket HomesTennesseeKnox CountyKnoxville37914159 Old State Rd

This home is located at 159 Old State Rd in Knoxville, TN and zip code 37914. This 1,749 square foot home, which was built in 1940, sits on a 0.21 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since March 17, 2024 and is currently priced at $120,000.

Knoxville, TN housing market in March 2024 saw over 114 listings sold above listed price, more than 95 sold at listed price and over 234 sold below. 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 median list price was $365,052 and the average listing age was 38 days.

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

More Resources