2 months on rocket

Sale Pending

512 Riverfront Way, Knoxville, TN, 37915

$675,000

Home List Price

$8,016*

Closing Credit

2 Bedrooms
2 Full Baths, 1 Partial
1,910 SqFt
$353/SqFt
Condo
Schools Nearby

Location

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512 Riverfront Way, Knoxville$675,000

Buyer Closing Credits

$8,016*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingOther, Designated Parking, Detached, Off-Street Parking
Garage1 space
Year Built1996
HeatingCentral, Heat Pump, Natural Gas, Electric
CoolingCentral Air, Ceiling Fan(s)
FireplaceOther, Gas Log
ViewCity, Lake
MLS #1252544
StatusSale Pending
(Pending - Continue to Show - Property Sale)

About 512 Riverfront Way

Back on market due to previous buyers' home sale contingency not being satisfied. Don't miss this rare opportunity to live in Downtown's Waterfront District! Perched above the majestic Tennessee River, Volunteer Landing marina and riverfront greenway, this beautifully updated 2-level residence offers an attractive combination of both river and city living. Soak in serene river views from the spacious screened porch and expansive great room, complete with a gas fireplace, built-in bookshelves, dining area and office nook. The lower level features two large, light-filled bedrooms, with the primary bedroom opening directly onto a covered patio and lawn. Enjoy the convenience of a private garage and reserved parking, along with abundant storage. Tastefully updated bathrooms and kitchen with gas cooktop. New flooring (2019) and new paint throughout (2019). Approx. size per Courthouse Retrieval System is an estimate only and is not guaranteed. Buyer to verify size, taxes and HOA fees, which are subject to change. Short Term-Rentals / AirBnB's are not permitted by the HOA. The HOA charges a $700 Initiation Fee to new owners.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1996
  • Living Area: 1,910 SqFt

Listing Office:

  • Office Name: Downtown Realty, Inc.
  • Office Phone: (865) 588-5535

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Microwave, Washer
  • Basement: No
  • Flooring Type: Carpet, Tile
  • Interior: Walk-In Closet(s)
  • Fireplace: Other, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • View: City, Lake
  • Exterior: Windows - Insulated, Patio, Porch - Screened

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Other, Designated Parking, Detached, Off-Street Parking

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Natural Gas, Electric
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Austin-East Magnet High School, Public Magnet Grades 9-12
  • South Doyle Middle School, Public District Grades 6-8
  • Green Magnet Elementary School, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: Traveling south on Gay Street, just before the Gay Street Bridge, take a left onto Hill Avenue. The gated Riverside Condominium development is located on the right, directly across from the Women's Basketball Hall of Fame. If traveling east on Neyland Drive, please take the Hall of Fame Drive exit. Turn right at the first light and then left at the second light onto Hill Avenue. The development is on the right. A gate code is needed in order to enter the development. Garage & parking lot spaces are assigned, & visitor parking is available to the left at the eastern end of the development.

Price Information

Listing Price Info

Price Summary:

  • List Price: $675,000
  • Price Per SqFt: $353/SqFt

HOA Fees:

  • Amount: $450
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $3,942
  • 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

$365.6K

Med. Price/SqFt

$207

Avg. Days On Market

30

# of Sold Homes

495

512 Riverfront Way vs Knoxville

78 DAYS ON ROCKET

+48 Days

$675,000

+$309.3K More

$353/SqFt

+$145 More

KEY TAKEAWAY

This property is $309.3K more than the Median Sold Price and $145/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: #1252544

Listing Office:

  • Office Name: Downtown Realty, Inc.
  • Office Phone: (865) 588-5535

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: 5/2/2024, 7:20:22 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 12, 2018Home Sold
$282,450
Sep 18, 1996Home Sold
$169,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,942$80,400
2019$3,684$80,400
2017$3,685$80,400

History based on county public records data.

Payment Calculator

$3,886

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,090

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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-4593696
2
/10

  • Green Magnet Elementary School

  • 801 Townview Dr

  • 0.47 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-4593697
4
/10

  • South Doyle Middle School

  • 3900 Decatur Dr

  • 1.77 miles

  • Public District Grades 6-8

High School

school-card-donut-4593698
2
/10

  • Austin-East Magnet High School

  • 2800 M L King Jr Av

  • 2.36 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 $82,500. Typical income of Knoxville, TN residents is between $35k-100k annually. Typical family type is single, no kids. Most residents in this area have masters degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 512 Riverfront Way

What is the listing price of this property?

The listing price of 512 Riverfront Way property is $675,000.

What type of property is this?

The property 512 Riverfront Way is a condo located in Knoxville, Tennessee, 37915.

Is this property for sale now?

Sale Pending: 512 Riverfront Way 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 512 Riverfront Way are:
Green Magnet Elementary School: GreatSchools Rating 2/10
South Doyle 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 $3,942 (source: MLS/based on county public records data).

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

The last sale was on October 12, 2018 for $282,450. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 512 Riverfront Way has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 512 Riverfront Way is 1,910 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 512 Riverfront Way is 1996.

Rocket Homes›Tennessee›Knox County›Knoxville›37915›512 Riverfront Way

This home is located at 512 Riverfront Way in Knoxville, TN and zip code 37915 in the Riverside neighborhood. This 1,910 square foot home was built in 1996. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 13, 2024 and is currently priced at $675,000.

While more than 149 listings in Knoxville, TN in April 2024 were sold above asking price, there were more than 120 listings sold at asking price, and more than 223 were sold below. The number of homes for sale in Knoxville, TN increased by 3.3% between March 2024 and April 2024. While the average time on the market in April 2024 was 30 days, the median list price was $365,665.

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

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