1 month on rocket

Sale Pending

531 Colonial Ridge Ln, Knoxville, TN, 37934

$995,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 2 Partial
3,660 SqFt
$272/SqFt
House
Schools Nearby

Location

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531 Colonial Ridge Ln, Farragut$995,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Other, Attached, Side/Rear Entry, Main Level
Attached Garage2 spaces
Year Built2020
HeatingCentral, Natural Gas, Electric
CoolingCentral Air, Ceiling Fan(s)
FireplaceOther, Gas, Ventless
ViewMountain(s), City
MLS #1256560
Lot Size0.14 Acres
StatusSale Pending
(Pending - Continue to Show - Inspection)

About 531 Colonial Ridge Ln

ONE OF A KIND!!!! ALL BRICK CUSTOM BUILT ONE OWNER HOME!!! The best of everything has gone in to this immaculate home with so much to offer (owner has never lived here.... so it is better than new!) Awesome location! Walking distance to grocery stores, restaurants, salons, schools, Post Office, Town Hall... just about anything you need. Custom designed. Charleston style with 2 covered porches with great views! On the inside, you'll love the inviting and open floor plan, with beautiful living room with gas fireplace, custom blinds. Opens to a wonderful kitchen with breakfast bar, Quartzite countertops, 2 Liebherr refrigerators and freezers with custom panels, downdraft oven/range...lots of cabinets and counter space. Custom pantry. Open dining area. Large utility room with sink. Master on main. Custom shelving in master closet. Nice patio area. Upstairs you'll enjoy the oversized family room/sitting room, office, 2 bedrooms (one opens to balcony) with connecting shared bath, huge bonus room 22x23 could be 4th bedroom with 2 walk-in closets, additional storage room with Versa Lift from garage. So many extras to mention...Custom window treatments and blinds, custom shelving, custom trim, security system, plumbed for additional sink in master bath, plumbed for central vacuum, hardwood, LVP in some areas. Come take a look at this beautiful home!

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial, Traditional
  • Year Built: 2020
  • Living Area: 3,660 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 588-3232

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Tankless Water Heater, Refrigerator, Microwave
  • Basement: No
  • Flooring Type: Laminate, Carpet, Hardwood
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s), Breakfast Bar
  • Fireplace: Other, Gas, Ventless

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • View: Mountain(s), City
  • Exterior: Windows - Insulated, Patio, Porch - Covered, Prof Landscaped, Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Other, Attached, Side/Rear Entry, Main Level

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Farragut High School, Public District Grades 9-12
  • Farragut Middle School, Public District Grades 6-8
  • Farragut Intermediate School, Public District Grades 3-5

Other

Directions Information:

  • Directions: Travel West on Kingston Pike to left on Campbell Station. Go Right on Municipal Center Drive. Then left on Park Place to first right on Colonial Ridge Lane. To home on right. SOP

Price Information

Listing Price Info

Price Summary:

  • List Price: $995,000
  • Price Per SqFt: $272/SqFt

HOA Fees:

  • Amount: $1730
  • Frequency: Annually

Tax Information:

  • Annual Amount: $345
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Farragut, TN.

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Farragut, TN

City

Med. Sold Price

$670K

Med. Price/SqFt

$218

Avg. Days On Market

41

# of Sold Homes

28

531 Colonial Ridge Ln vs Farragut

36 DAYS ON ROCKET

-5 Days

$995,000

+$324.9K More

$272/SqFt

+$54 More

KEY TAKEAWAY

This property is $324.9K more than the Median Sold Price and $54/SqFt more than other homes in Farragut, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1256560

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 588-3232

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

Listing History

Jun 10, 2019Home Sold
$65,000
Dec 27, 2011Home Sold
$347,600

Tax History

YEARPROP. TAXASSESSMENT
2020$345$16,250
2019$345$16,250
2017$345$16,250

History based on county public records data.

Payment Calculator

$5,178

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,050

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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-1005094
7
/10

  • Farragut Intermediate School

  • 208 W End Ave

  • 0.76 miles

  • Public District Grades 3-5

Middle School

school-card-donut-1005095
9
/10

  • Farragut Middle School

  • 200 W End Ave

  • 1.04 miles

  • Public District Grades 6-8

High School

school-card-donut-1005096
9
/10

  • Farragut High School

  • 11237 Kingston Pike

  • 0.79 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 $73,171. Typical income of Farragut, TN residents is between $35k-100k annually. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 531 Colonial Ridge Ln

What is the listing price of this property?

The listing price of 531 Colonial Ridge Ln property is $995,000.

What type of property is this?

The property 531 Colonial Ridge Ln is a house located in Knoxville, Tennessee, 37934.

Is this property for sale now?

Sale Pending: 531 Colonial Ridge 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 531 Colonial Ridge Ln are:
Farragut Intermediate School: GreatSchools Rating 7/10
Farragut Middle School: GreatSchools Rating 9/10
Farragut High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $345 (source: MLS/based on county public records data).

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

The last sale was on June 10, 2019 for $65,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 531 Colonial Ridge Ln has 3 bedrooms and 2 full and 2 half bathrooms.

What is the square footage of this property?

The property 531 Colonial Ridge Ln is 3,660 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 Colonial Ridge Ln is 2020.

Rocket Homes›Tennessee›Knox County›Farragut›37934›531 Colonial Ridge Ln

This home is located at 531 Colonial Ridge Ln in Knoxville, TN and zip code 37934 in the Park Place at Farragut neighborhood. This 3,660 square foot home, which was built in 2020, sits on a 0.14 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 21, 2024 and is currently priced at $995,000.

In March 2024 more than 8 listings in Farragut, TN were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 15 were sold below. The number of listings in Farragut, TN increased by 3.1% between February 2024 and March 2024. In March 2024 median list price was $670,083 and the average listing age was 41 days.

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

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