26 days on rocket

3506 Martin Luther King Jr Ave, Knoxville, TN, 37914

$285,000

Home List Price

$3,384*

Closing Credit

3 Bedrooms
2 Full Baths
1,300 SqFt
$219/SqFt
House
Schools Nearby

Location

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3506 Martin Luther King Jr Ave, Knoxville$285,000

Buyer Closing Credits

$3,384*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingSide/Rear Entry, Off-Street Parking
Year Built2022
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
FireplaceNone
MLS #1258125
Lot Size0.22 Acres
StatusActive

About 3506 Martin Luther King Jr Ave

Calling all investors. Beautiful home new construction in 2022. Has a tenant thru 3/25. Current rent is $1950/month. Close to interstate and downtown Knoxville. Beautiful spacious kitchen, LVP flooring, custom walk-in shower, covered front porch, and spacious backyard. Must give 48 hr. notice for showings. Buyer to verify sq. ft.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2022
  • Living Area: 1,300 SqFt

Listing Office:

  • Office Name: Asset Realty Management, Inc.
  • Office Phone: (865) 247-0027

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Microwave
  • Basement: No
  • Flooring Type: Laminate, Vinyl
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch - Covered

Parking Information:

  • Attached Garage: No
  • Parking: Side/Rear Entry, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Austin-East Magnet High School, Public Magnet Grades 9-12
  • Holston Middle School, Public District Grades 6-8
  • Spring Hill Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Magnolia to Martin Luther King

Price Information

Listing Price Info

Price Summary:

  • List Price: $285,000
  • Price Per SqFt: $219/SqFt

Tax Information:

  • Annual Amount: $54
  • 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

3506 Martin Luther King Jr Ave vs Knoxville

26 DAYS ON ROCKET

-12 Days

$285,000

-$80K Less

$219/SqFt

+$12 More

KEY TAKEAWAY

This property is $80K less than the Median Sold Price and $12/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: #1258125

Listing Office:

  • Office Name: Asset Realty Management, Inc.
  • Office Phone: (865) 247-0027

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: 4/30/2024, 1:20:24 PM 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$54$1,175
2019$53$1,175
2017$54$1,175

History based on county public records data.

Payment Calculator

$1,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$921

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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-3720037
3
/10

  • Spring Hill Elementary School

  • 4711 Mildred Dr

  • 1.61 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3720038
4
/10

  • Holston Middle School

  • 600 N Chilhowee Dr

  • 1.99 miles

  • Public District Grades 6-8

High School

school-card-donut-3720039
2
/10

  • Austin-East Magnet High School

  • 2800 M L King Jr Av

  • 0.58 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 $28,690. Residents of Knoxville, TN typically earn less than $35k each year. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3506 Martin Luther King Jr Ave

What is the listing price of this property?

The listing price of 3506 Martin Luther King Jr Ave property is $285,000.

What type of property is this?

The property 3506 Martin Luther King Jr Ave is a house located in Knoxville, Tennessee, 37914.

Is this property for sale now?

Active Listing: 3506 Martin Luther King Jr 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 3506 Martin Luther King Jr Ave are:
Spring Hill Elementary School: GreatSchools Rating 3/10
Holston Middle School: GreatSchools Rating 4/10
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 $54 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3506 Martin Luther King Jr Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 3506 Martin Luther King Jr Ave is 1,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3506 Martin Luther King Jr Ave is 2022.

Rocket Homes›Tennessee›Knox County›Knoxville›37914›3506 Martin Luther King Jr Ave

This home is located at 3506 Martin Luther King Jr Ave in Knoxville, TN and zip code 37914 in the Burlington neighborhood. This 1,300 square foot home, which was built in 2022, sits on a 0.22 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 04, 2024 and is currently priced at $285,000.

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. The inventory of homes for sale in Knoxville, TN between February 2024 and March 2024 increased by 5.3%. 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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