2 months on rocket

5720 Oak Rd, Knoxville, TN, 37918

$565,000

Home List Price

$6,709*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,450 SqFt
$231/SqFt
House
Schools Nearby

Location

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5720 Oak Rd, Knoxville$565,000

Buyer Closing Credits

$6,709*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingDetached
Year Built1940
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceBrick, Gas Log
ViewTrees/Woods
MLS #1253722
Lot Size0.55 Acres
StatusActive

About 5720 Oak Rd

Historical farmhouse-style renovation on an oversized corner lot in the heart of Fountain City. Every detail of this charming home has been improved throughout, including: new paint, refinished floors, designer light fixtures, new electrical/plumbing, and a brand new kitchen boasting stainless steel appliances. This home features a modern, open flowing floor plan - ideal for both entertaining and everyday living. Luxurious bathrooms boast beautiful tile and brand new vanities. Spacious bedrooms with large windows. Expansive front and back porches allow for enjoying the greenery and private yard. Lower level features a large, clean storage area- truly a rare find for homes in this area. Detached dwelling unit with two car garage- perfect for additional living space, rental income, or extra storage. Ideal location, just minutes from local shopping, parks, and Downtown Knoxville. Don't miss this rare opportunity to have space, modern updates, and a large yard in beautiful Fountain City. Come make Oak Road home. Second structure has been gutted, it offers two small garages and the ability to have two different guest suites, AirB&Bs or long term rentals. Building is AS IS. Adjoining lot can be purchased.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage, Craftsman, Traditional
  • Year Built: 1940
  • Living Area: 2,450 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Self Cleaning Oven, Refrigerator, Microwave
  • Basement: Yes
  • Flooring Type: Laminate, Hardwood
  • Fireplace: Brick, Gas Log

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • View: Trees/Woods
  • Exterior: Windows - Vinyl, Patio, Porch - Covered

Parking Information:

  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Private, Wooded, Level
  • Lot Size: 0.55 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • Gresham Middle School, Public District Grades 6-8
  • Fountain City Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Traveling north on Broadway, turn left on Ridgewood Road, make slight left onto Poplar Place, home last home on left side, corner lot.

Price Information

Listing Price Info

Price Summary:

  • List Price: $565,000
  • Price Per SqFt: $231/SqFt

Tax Information:

  • Annual Amount: $2,003
  • 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

5720 Oak Rd vs Knoxville

64 DAYS ON ROCKET

+26 Days

$565,000

+$199.9K More

$231/SqFt

+$24 More

KEY TAKEAWAY

This property is $199.9K more than the Median Sold Price and $24/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: #1253722

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: 4/28/2024, 1:20:23 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$2,003$43,700
2019$2,002$43,700
2017$2,003$43,700

History based on county public records data.

Payment Calculator

$2,887

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,760

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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-2256962
3
/10

  • Fountain City Elementary School

  • 2910 Montbelle Dr

  • 0.17 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2256963
4
/10

  • Gresham Middle School

  • 500 Gresham Rd

  • 0.34 miles

  • Public District Grades 6-8

High School

school-card-donut-2256964
4
/10

  • Central High School

  • 5321 Jacksboro Pike

  • 0.48 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 $41,771. Typical income of Knoxville, TN residents is between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5720 Oak Rd

What is the listing price of this property?

The listing price of 5720 Oak Rd property is $565,000.

What type of property is this?

The property 5720 Oak Rd is a house located in Knoxville, Tennessee, 37918.

Is this property for sale now?

Active Listing: 5720 Oak Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5720 Oak Rd are:
Fountain City Elementary School: GreatSchools Rating 3/10
Gresham Middle School: GreatSchools Rating 4/10
Central High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,003 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5720 Oak Rd has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 5720 Oak Rd is 2,450 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5720 Oak Rd is 1940.

Rocket Homes›Tennessee›Knox County›Knoxville›37918›5720 Oak Rd

This home is located at 5720 Oak Rd in Knoxville, TN and zip code 37918. This 2,450 square foot home, which was built in 1940, sits on a 0.55 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $565,000.

While more than 114 listings in Knoxville, TN in March 2024 were sold above asking price, there were more than 95 listings sold at asking price, and more than 234 were sold below. In March 2024 in Knoxville, TN there were 5.3% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $365,052, while the average time on the real estate market was 38 days.

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

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