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1929 E 5th Ave, Knoxville, TN, 37917

$250,000

Home List Price

$2,969*

Closing Credit

0 Baths
2,838 SqFt
$88/SqFt
House
Schools Nearby

Location

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1929 E 5th Ave, Knoxville$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn-Street Parking
Year Built1940
HeatingOther, Electric
CoolingCentral Air
MLS #1252145
Lot Size0.17 Acres
StatusActive

About 1929 E 5th Ave

Welcome to this charming triplex nestled in the heart of Parkridge, a historical neighborhood rich in character and conveniently close to downtown. This all-brick property offers a rare opportunity to own a piece of history in a sought-after location. As you step inside, you'll be greeted by the timeless structure. While this property may require some tender loving care (TLC), its potential is undeniable. With a little investment, you can transform this gem into the perfect blend of classic charm and modern convenience. One of the highlights of this property is its prime location. Situated near the interstate, commuting to and from the city is a breeze. Additionally, the neighborhood is undergoing a revitalization, making it an ideal time to invest in this area. For nature enthusiasts, the proximity to parks provides endless opportunities for outdoor recreation and relaxation. And when it's time to dine out, you'll appreciate the convenience of being within walking distance to a variety of restaurants and eateries. Moreover, this triplex is conveniently located close to the new multiuse stadium, adding an extra layer of excitement and potential for growth in the neighborhood. Whether you're an investor looking for a lucrative opportunity or a homeowner seeking a unique property to call your own, this triplex in Parkridge offers the perfect combination of location, potential, and historical charm. Don't miss out on your chance to be a part of this vibrant and evolving community. Schedule your viewing today and envision the possibilities that await!

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Living Area: 2,838 SqFt

Listing Office:

  • Office Name: Realty Executives-Nikitia Thompson Realty
  • Office Phone: (865) 862-5446

Interior Features

Interior Information:

  • Flooring Type: Laminate, Hardwood, Carpet, Other

Exterior Features

Parking Information:

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

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Other, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Austin-East Magnet High School, Public Magnet Grades 9-12
  • Vine Magnet Middle School, Public Magnet Grades 6-8
  • Sarah Moore Greene Elementary School, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: Heading South on Hall of Fame, Make a left on E fifth Ave. Property on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $88/SqFt

Tax Information:

  • Annual Amount: $1,542
  • 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

1929 E 5th Ave vs Knoxville

80 DAYS ON ROCKET

+42 Days

$250,000

-$115K Less

$88/SqFt

-$119 Less

KEY TAKEAWAY

This property is $115K less than the Median Sold Price and $119/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: #1252145

Listing Office:

  • Office Name: Realty Executives-Nikitia Thompson Realty
  • Office Phone: (865) 862-5446

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, 7:20:23 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,542$33,640
2019$1,541$33,640
2017$1,542$33,640

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-2959429
2
/10
  • Sarah Moore Greene Elementary School

  • 3001 Brooks Ave

  • 1.73 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-2959430
3
/10
  • Vine Magnet Middle School

  • 1807 Martin Luther King Jr Ave

  • 0.46 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-2959431
2
/10
  • Austin-East Magnet High School

  • 2800 M L King Jr Av

  • 1.19 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $27,292. The majority of Knoxville, TN residents have income less than $35k annually. 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 1929 E 5th Ave

What is the listing price of this property?

The listing price of 1929 E 5th Ave property is $250,000.

What type of property is this?

The property 1929 E 5th Ave is a house located in Knoxville, Tennessee, 37917.

Is this property for sale now?

Active Listing: 1929 E 5th Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1929 E 5th Ave are:
Sarah Moore Greene Elementary School: GreatSchools Rating 2/10
Vine Magnet Middle School: GreatSchools Rating 3/10
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 $1,542 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 1929 E 5th Ave is 2,838 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1929 E 5th Ave is 1940.

Rocket HomesTennesseeKnox CountyKnoxville379171929 E 5th Ave

This home is located at 1929 E 5th Ave in Knoxville, TN and zip code 37917. This 2,838 square foot home, which was built in 1940, sits on a 0.17 acre lot. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $250,000.

While more than 114 listings in Knoxville, TN in March 2024 were sold above asking price, there were more than 95 listings sold at asking price, and more than 234 were sold below. In March 2024 in Knoxville, TN there were 5.3% more homes for sale than in February 2024. While the average time on the market in March 2024 was 38 days, the median list price was $365,052.

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

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