2 months on rocket

Sale Pending

2640 Lay Ave, Knoxville, TN, 37914

$270,000

Home List Price

$3,206*

Closing Credit

4 Bedrooms
2 Full Baths
1,507 SqFt
$179/SqFt
House
Schools Nearby

Location

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2640 Lay Ave, Knoxville$270,000

Buyer Closing Credits

$3,206*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingAttached, Off-Street Parking
Attached GarageYes
Year Built1950
HeatingCentral, Natural Gas, Electric
CoolingCentral Air
FireplaceNone
MLS #1252074
Lot Size0.22 Acres
StatusSale Pending
(Pending - Continue to Show)

About 2640 Lay Ave

Welcome to 2640 Lay Avenue! This fully renovated 4-bedroom, 2-bathroom home in the heart of Knoxville, TN offers 1,500 sq ft of living space, freshly updated kitchen and bathrooms, plus a fully fenced yard! The owner has also made some updates to the electrical and plumbing systems, along with the roof. The addition of a mudroom at the rear entrance is sure to help keep the home clean and organized while providing additional storage. This home offers modern comfort and convenience to Downtown Knoxville, South Knoxville, The Zoo, and several area parks. Situated at the end of a quiet street for privacy, it's the perfect blend of tranquility and city living. Don't miss out - schedule a showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1950
  • Living Area: 1,507 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 983-0011

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Basement: No
  • Flooring Type: Laminate, Hardwood, Tile
  • Interior: Pantry, Eat-in Kitchen
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fenced - Yard, Fence - Chain

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, 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: Take Interstate 1-40 to the Cherry St Exit. Then Right on N Cherry St, Left on E Magnolia, Right on S Harrison St, Right on Lay Ave. Home is at the end of Lay on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $270,000
  • Price Per SqFt: $179/SqFt

Tax Information:

  • Annual Amount: $649
  • 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

2640 Lay Ave vs Knoxville

79 DAYS ON ROCKET

+41 Days

$270,000

-$95K Less

$179/SqFt

-$28 Less

KEY TAKEAWAY

This property is $95K less than the Median Sold Price and $28/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: #1252074

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 983-0011

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: 4/27/2024, 12:50:21 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$649$14,150
2019$648$14,150
2017$649$14,150

History based on county public records data.

Payment Calculator

$1,415

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$876

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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-1024003
2
/10

  • Sarah Moore Greene Elementary School

  • 3001 Brooks Ave

  • 0.69 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-1024004
3
/10

  • Vine Magnet Middle School

  • 1807 Martin Luther King Jr Ave

  • 1.18 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1024005
2
/10

  • Austin-East Magnet High School

  • 2800 M L King Jr Av

  • 0.51 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,705. The most common annual income of people living in Knoxville, TN is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2640 Lay Ave

What is the listing price of this property?

The listing price of 2640 Lay Ave property is $270,000.

What type of property is this?

The property 2640 Lay Ave is a house located in Knoxville, Tennessee, 37914.

Is this property for sale now?

Sale Pending: 2640 Lay 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 2640 Lay 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 $649 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2640 Lay Ave has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2640 Lay Ave is 1,507 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2640 Lay Ave is 1950.

Rocket Homes›Tennessee›Knox County›Knoxville›37914›2640 Lay Ave

This home is located at 2640 Lay Ave in Knoxville, TN and zip code 37914. This 1,507 square foot home, which was built in 1950, sits on a 0.22 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 08, 2024 and is currently priced at $270,000.

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. The number of listings 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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