5 months on rocket

Sale Pending

1940 Cherokee Bluff Dr, Knoxville, TN, 37920

$350,000

Home List Price

$4,156*

Closing Credit

2 Bedrooms
2 Full Baths
1,560 SqFt
$224/SqFt
Condo

Location

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1940 Cherokee Bluff Dr, Knoxville$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCommon
Garage2 spaces
Year Built1976
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceNone
ViewOther
MLS #1262691
Lot Size0.12 Acres
StatusSale Pending
(Pending - Continue to Show)

About 1940 Cherokee Bluff Dr

Here is your second chance at the perfect condo minutes from downtown and UT! Appraisal has been done. Perched atop the majestic cliffs of South Knoxville's adored Cherokee Bluffs, this remarkable condo offers a lifestyle like no other. Situated just minutes from the University of Tennessee, UT Hospital, Downtown Knoxville, and the exciting adventures of Knoxville's Urban Wilderness, its location is truly unbeatable. With two bedrooms and two full bathrooms, this unit is spacious enough for roommates, a fun loving couple, or anyone that wants the SoKno lifestyle at an affordable price. The condo features a two-car garage, two large bedrooms with great closet space, abundant natural light, and a recently updated spacious kitchen with sleek stainless steel appliances that convey, granite counters, and tile backsplash. Both bathrooms underwent a major renovation in 2022 with new vanities, tiled showers, and tiled floors. New roof July 2024. Enjoy the luxury of both a private deck and patio, perfect for soaking in the serene surroundings. Residents can indulge in the community's well-maintained amenities, including tennis courts adaptable for pickle-ball enthusiasts, a sparkling pool, and a fully-equipped weight room, all with breathtaking views of Knoxville's skyline. Managed by a proactive HOA, which covers water and termite services, residents enjoy peace of mind. Security is paramount with a manned guard house ensuring controlled entry, fostering a safe environment in the tranquil gated community. Moreover, residents benefit from a gardening area and designated boat/trailer storage, while city trash pickup simplifies waste management, affording more time to enjoy the stunning surroundings. Whether seeking relaxation or adventure, this condo offers the perfect balance of both, promising a lifestyle that's both serene and vibrant. Come experience the essence of South Knoxville living at its finest.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1976
  • Living Area: 1,560 SqFt

Listing Office:

  • Office Name: Realty Executives Hardin Valley
  • Office Phone: (865) 999-7348

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Vinyl, Tile
  • Interior: Island in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: Other
  • Exterior: Patio, Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Common

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • South-Doyle High School, Public District Grades 9-12
  • South Doyle Middle School, Public District Grades 6-8
  • Mount Olive Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Merge onto I-40 E/I-75 N. Continue to follow I-40 E. Use the right 2 lanes to take exit 386B for US-129/Alcoa Hwy toward Airport/Smoky Mts. Continue onto US-129 S/Alcoa Hwy. Take the exit toward Cherokee Trail/Ut Medical Center. Turn right onto Cherokee Trail. Turn left onto Cherokee Bluff Dr. Turn right to stay on Cherokee Bluff Dr. Destination will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $224/SqFt

HOA Fees:

  • Amount: $460
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $1,265
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$374.8K

Med. Price/SqFt

$211

Avg. Days On Market

30

# of Sold Homes

418

1940 Cherokee Bluff Dr vs Knoxville

171 DAYS ON ROCKET

+141 Days

$350,000

-$24.8K Less

$224/SqFt

+$13 More

KEY TAKEAWAY

This property is $24.8K less than the Median Sold Price and $13/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: #1262691

Listing Office:

  • Office Name: Realty Executives Hardin Valley
  • Office Phone: (865) 999-7348

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: 10/31/2024, 8:20:56 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

Aug 12, 2015Home Sold
$119,000
Jun 05, 2002Home Sold
$84,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,265$27,600
2019$1,265$27,600
2017$1,265$27,600

History based on county public records data.

Payment Calculator

$2,274

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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-842356
6
/10
  • Mount Olive Elementary School

  • 2507 Maryville Pike

  • 2.31 miles

  • Public District Grades KG-5

Middle School

school-card-donut-842357
4
/10
  • South Doyle Middle School

  • 3900 Decatur Dr

  • 2.22 miles

  • Public District Grades 6-8

High School

school-card-donut-842358
4
/10
  • South-Doyle High School

  • 2020 Tipton Station Rd

  • 4.41 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,023. Typical income of Knoxville, TN residents is less than $35k annually. Typical family type is single, no 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 1940 Cherokee Bluff Dr

What is the listing price of this property?

The listing price of 1940 Cherokee Bluff Dr property is $350,000.

What type of property is this?

The property 1940 Cherokee Bluff Dr is a condo located in Knoxville, Tennessee, 37920.

Is this property for sale now?

Sale Pending: 1940 Cherokee Bluff Dr 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 1940 Cherokee Bluff Dr are:
Mount Olive Elementary School: GreatSchools Rating 6/10
South Doyle Middle School: GreatSchools Rating 4/10
South-Doyle High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,265 (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 12, 2015 for $119,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1940 Cherokee Bluff Dr has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1940 Cherokee Bluff Dr is 1,560 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1940 Cherokee Bluff Dr is 1976.

Rocket HomesTennesseeKnox CountyKnoxville379201940 Cherokee Bluff Dr

This home is located at 1940 Cherokee Bluff Dr in Knoxville, TN and zip code 37920 in the Cherokee Bluff neighborhood. This 1,560 square foot home, which was built in 1976, sits on a 0.12 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 13, 2024 and is currently priced at $350,000.

While more than 83 listings in Knoxville, TN in September 2024 were sold above asking price, there were more than 105 listings sold at asking price, and more than 228 were sold below. Between August 2024 and September 2024, Knoxville, TN real estate market has seen decrease in the number of listings by 6.6%. In September 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $374,894.

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

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