23 days on rocket

551 Prescott Way, Knoxville, TN, 37919

$525,000

Home List Price

$6,234*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,369 SqFt
$222/SqFt
Condo
Schools Nearby

Location

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551 Prescott Way, Knoxville$525,000

Buyer Closing Credits

$6,234*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
Garage2 spaces
Year Built2004
HeatingCentral, Forced Air, Natural Gas, Electric
CoolingCentral Air
FireplacePre-Fab, Gas Log
ViewTrees/Woods, City
MLS #1258454
StatusActive

About 551 Prescott Way

Welcome to this exquisite home nestled in a vibrant community and boasting one of the most sought-after locations. Enjoy effortless single-level living. The primary bedroom offers the luxury of a sizable walk-in closet and an ensuite bath featuring a relaxing whirlpool tub. Step onto the tranquil screened porch, where the gentle morning sun invites you to savor your coffee in your very private backyard. Venture upstairs to discover a generously sized third bedroom, complete with its private bath. Adjacent to it lies an expansive bonus room, offering boundless potential to transform into a crafting haven or additional bedroom.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2004
  • Living Area: 2,369 SqFt

Listing Office:

  • Office Name: BHHS Dean-Smith Realty
  • Office Phone: (865) 588-5000

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Microwave
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Pantry, Walk-In Closet(s)
  • Fireplace: Pre-Fab, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Trees/Woods, City
  • Exterior: Porch - Screened

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot: Cul-De-Sac

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • West High School, Public Magnet Grades 9-12
  • Bearden Middle School, Public District Grades 6-8
  • Bearden Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Kingston Pike, Left on Morrell, Left on Deane Hill, 1/4 mile on Right to Cleveland Park

Price Information

Listing Price Info

Price Summary:

  • List Price: $525,000
  • Price Per SqFt: $222/SqFt

HOA Fees:

  • Amount: $550
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $3,163
  • 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

551 Prescott Way vs Knoxville

23 DAYS ON ROCKET

-15 Days

$525,000

+$159.9K More

$222/SqFt

+$15 More

KEY TAKEAWAY

This property is $159.9K more than the Median Sold Price and $15/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: #1258454

Listing Office:

  • Office Name: BHHS Dean-Smith Realty
  • Office Phone: (865) 588-5000

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, 4:20:24 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 18, 2008Home Sold
$274,450

Tax History

YEARPROP. TAXASSESSMENT
2020$3,163$69,000
2019$3,163$69,000
2017$3,163$69,000

History based on county public records data.

Payment Calculator

$2,871

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-3817890
6
/10

  • Bearden Elementary School

  • 5717 Kingston Pike

  • 1.34 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3817891
4
/10

  • Bearden Middle School

  • 1000 Francis Rd

  • 1.63 miles

  • Public District Grades 6-8

High School

school-card-donut-3817892
7
/10

  • West High School

  • 3300 Sutherland Ave

  • 3.02 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 $60,326. Most Knoxville, TN residents have annual incomes less than $35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 551 Prescott Way

What is the listing price of this property?

The listing price of 551 Prescott Way property is $525,000.

What type of property is this?

The property 551 Prescott Way is a condo located in Knoxville, Tennessee, 37919.

Is this property for sale now?

Active Listing: 551 Prescott Way is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 551 Prescott Way are:
Bearden Elementary School: GreatSchools Rating 6/10
Bearden Middle School: GreatSchools Rating 4/10
West High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,163 (source: MLS/based on county public records data).

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

The last sale was on August 18, 2008 for $274,450. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 551 Prescott Way has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 551 Prescott Way is 2,369 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 551 Prescott Way is 2004.

Rocket Homes›Tennessee›Knox County›Knoxville›37919›551 Prescott Way

This home is located at 551 Prescott Way in Knoxville, TN and zip code 37919 in the Cleveland Park neighborhood. This 2,369 square foot home was built in 2004. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 07, 2024 and is currently priced at $525,000.

Over 114 listings were sold over their listed price in March 2024 in Knoxville, TN. In the same period over 234 listings were sold below the listed price and 95 listings were sold for the listed price. The number of homes for sale in Knoxville, TN increased by 5.3% between February 2024 and March 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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