6 months on rocket

Sale Pending

3318 Shanks Ln, Knoxville, TN, 37938

$729,000

Home List Price

$8,657*

Closing Credit

3 Bedrooms
2 Full Baths, 2 Partial
2,510 SqFt
$290/SqFt
House
Schools Nearby

Location

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3318 Shanks Ln, Knoxville$729,000

Buyer Closing Credits

$8,657*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingAttached, Side/Rear Entry, Main Level
Attached Garage4 spaces
Year Built1990
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceBrick, Wood Burning
MLS #1243648
Lot Size10.80 Acres
StatusSale Pending
(Pending - Continue to Show)

About 3318 Shanks Ln

Opportunity to own an amazing mini-farm close-in to Halls. Horses, cows, goats or chickens, all would feel at home on this 10.8 acre gorgeous property. Fenced and some cross fencing, Very well kept 3 bedroom 2 full baths, 2 half baths two story with basement. As you drive up the circular drive that encircles the home, you will be stunned by how well the land lays and the views are spectacular. Private but convenient. Bring your large furniture as the home boasts huge rooms. Master bedroom on main with ensuite. two upstairs bedrooms share a large Jack & Jill bath. All walk-in closets are cedar lined. 1/2 bath main and another conveniently located in main level garage for a quick clean up after doing a little farming! Kitchen open to large family room with wood burning fireplace w/ blower & cathedral ceiling. Formal dining and living room. 2 car garage on main and a 2 car garage in the full basement with enough room for storage / equipment / tools/ etc. Where to house the horses? How about a 1600 sq foot 4-stall barn with a wrap around loft. Only 15 minutes to Norris lake and dam. All of this and only $799,000. Property survey has been ordered. Buyer to verify all information and measurements.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1990
  • Living Area: 2,510 SqFt

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 687-1111

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Vinyl
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: Brick, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Fence - Chain, Deck

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached, Side/Rear Entry, Main Level

Lot Features

Lot Information:

  • Lot: Private, Level, Rolling/Hilly
  • Lot Size: 10.80 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Halls High School, Public District Grades 9-12
  • Halls Middle School, Public District Grades 6-8
  • Copper Ridge Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Halls take Norris Fwy north towards Norris. Left on Highland View quick rt stay on Highland View, lft on Shanks Ln. Property on Lft. SOP

Price Information

Listing Price Info

Price Summary:

  • List Price: $729,000
  • Price Per SqFt: $290/SqFt

Tax Information:

  • Annual Amount: $1,466
  • 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

3318 Shanks Ln vs Knoxville

186 DAYS ON ROCKET

+148 Days

$729,000

+$363.9K More

$290/SqFt

+$83 More

KEY TAKEAWAY

This property is $363.9K more than the Median Sold Price and $83/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: #1243648

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 687-1111

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: 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$1,466$69,150
2019$1,466$69,150
2017$1,466$69,150

History based on county public records data.

Payment Calculator

$3,706

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,252

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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-1024647
8
/10

  • Copper Ridge Elementary School

  • 2502 E Brushy Valley Rd

  • 1.17 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1024648
4
/10

  • Halls Middle School

  • 4317 E Emory Rd

  • 2.79 miles

  • Public District Grades 6-8

High School

school-card-donut-1024649
6
/10

  • Halls High School

  • 4321 E Emory Rd

  • 2.80 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 $97,170. The majority of Knoxville, TN residents have income between $100k-200k annually. Typical family type is married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3318 Shanks Ln

What is the listing price of this property?

The listing price of 3318 Shanks Ln property is $729,000.

What type of property is this?

The property 3318 Shanks Ln is a house located in Knoxville, Tennessee, 37938.

Is this property for sale now?

Sale Pending: 3318 Shanks Ln 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 3318 Shanks Ln are:
Copper Ridge Elementary School: GreatSchools Rating 8/10
Halls Middle School: GreatSchools Rating 4/10
Halls High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,466 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3318 Shanks Ln has 3 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 3318 Shanks Ln is 2,510 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3318 Shanks Ln is 1990.

Rocket Homes›Tennessee›Knox County›Knoxville›37938›3318 Shanks Ln

This home is located at 3318 Shanks Ln in Knoxville, TN and zip code 37938. This 2,510 square foot home, which was built in 1990, sits on a 10.80 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 23, 2023 and is currently priced at $729,000.

In March 2024 more than 114 listings in Knoxville, TN were sold above the asking price. During the same period more than 95 listings were sold at asking price, while 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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