13 days on rocket

2942 Spencer Ridge Ln, Knoxville, TN, 37931

$525,000

Home List Price

$6,234*

Closing Credit

4 Bedrooms
3 Full Baths
2,681 SqFt
$196/SqFt
House
Schools Nearby

Location

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2942 Spencer Ridge Ln, Knoxville$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOff-Street Parking
Garage2 spaces
Year Built2019
HeatingCentral, Natural Gas, Electric
CoolingCentral Air
FireplaceGas
MLS #1259708
Lot Size0.10 Acres
StatusActive

About 2942 Spencer Ridge Ln

Beautifully kept, recently built home with great finishes throughout. Hardwood floors on main level, Granite countertops in kitchen and all bathrooms, gas fireplace, covered patio, and fenced yard. Main level bedroom and full bathroom make this home great access for guests. Huge bonus room ADDITIONAL to the 4 bedrooms, gives this home multiple living areas. Back yard extends beyond fence all the way to telephone pole. Book your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2019
  • Living Area: 2,681 SqFt

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 693-1111

Interior Features

Interior Information:

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

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fenced - Yard, Patio, Porch - Covered

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Off-Street Parking

Lot Features

Lot Information:

  • Lot: Irregular Lot
  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Hardin Valley Academy, Public District Grades 9-12
  • Karns Middle School, Public District Grades 6-8
  • Hardin Valley Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Take Pellissippi to Hardin Valley Rd exit. Left on Hardin Valley, right on Solway Rd, Right on Spencer Ridge.

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $196/SqFt

HOA Fees:

  • Amount: $300
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,486
  • 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

2942 Spencer Ridge Ln vs Knoxville

13 DAYS ON ROCKET

-25 Days

$525,000

+$159.9K More

$196/SqFt

-$11 Less

KEY TAKEAWAY

This property is $159.9K more than the Median Sold Price and $11/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: #1259708

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 693-1111

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: 5/1/2024, 12:20:25 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

Nov 12, 2019Home Sold
$311,400

Tax History

YEARPROP. TAXASSESSMENT
2020$1,486$70,100
2019$170$8,000

History based on county public records data.

Payment Calculator

$2,713

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,640

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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-4192609
7
/10

  • Hardin Valley Elementary School

  • 11445 Hardin Valley Rd

  • 2.07 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4192610
6
/10

  • Karns Middle School

  • 2925 Gray Hendrix Rd

  • 3.58 miles

  • Public District Grades 6-8

High School

school-card-donut-4192611
6
/10

  • Hardin Valley Academy

  • 11345 Hardin Valley Rd

  • 1.83 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 $86,943. Most Knoxville, TN residents have annual incomes between $35k-100k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2942 Spencer Ridge Ln

What is the listing price of this property?

The listing price of 2942 Spencer Ridge Ln property is $525,000.

What type of property is this?

The property 2942 Spencer Ridge Ln is a house located in Knoxville, Tennessee, 37931.

Is this property for sale now?

Active Listing: 2942 Spencer Ridge Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2942 Spencer Ridge Ln are:
Hardin Valley Elementary School: GreatSchools Rating 7/10
Karns Middle School: GreatSchools Rating 6/10
Hardin Valley Academy: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,486 (source: MLS/based on county public records data).

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

The last sale was on November 12, 2019 for $311,400. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2942 Spencer Ridge Ln has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 2942 Spencer Ridge Ln is 2,681 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2942 Spencer Ridge Ln is 2019.

Rocket Homes›Tennessee›Knox County›Knoxville›37931›2942 Spencer Ridge Ln

This home is located at 2942 Spencer Ridge Ln in Knoxville, TN and zip code 37931. This 2,681 square foot home, which was built in 2019, sits on a 0.10 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $525,000.

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. In March 2024 in Knoxville, TN there were 5.3% more homes for sale than in February 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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