13 days on rocket

700 Mercedes Ln, Knoxville, TN, 37934

$822,400

Home List Price

$9,766*

Closing Credit

5 Bedrooms
4 Full Baths
3,945 SqFt
$208/SqFt
House
Schools Nearby

Location

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700 Mercedes Ln, Knoxville$822,400

Buyer Closing Credits

$9,766*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOn-Street Parking, Garage Door Opener, Main Level, Off-Street Parking
Garage2 spaces
Year Built2005
HeatingCentral, Natural Gas, Electric
CoolingCentral Air
BasementYes
FireplaceGas Log
MLS #1259757
Lot Size1.05 Acres
StatusActive

About 700 Mercedes Ln

This home checks every single box you could ever want! 🤩 Fully renovated in 2024....upgrades include a stunning kitchen with a massive island with quartz countertops, all new cabinetry, pendant lights, new custom flooring throughout. Open floor plan on the main level makes it great for entertaining. Walk out to the screened porch and admire the massive acre lot with a full ropes course with a zip line and massive 50 foot slide! This backyard was featured on Magnolia Network ''super dad'' television series! Have you wanted a massive laundry room with cabinetry for storage?...look no further. The master bedroom features a DREAMY walk in closet with custom shelving. You will not have a problem fitting all of your shoes and clothes in this closet! The full basement features a bedroom, full bathroom, and a large office with built in shelving. Culdesac Largest lot in the subdivision Farragut school district Near turkey creek Centrally located Welcome to your dream home! *ATTN buyers! Sellers are offering $20,000 towards a rate buy down or closing costs!!! With a 2/1 buy down...your interest rate will be in the low 5's for the first year!! **Exterior TV on the patio conveys. All interior TV's DO NOT convey.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Traditional
  • Year Built: 2005
  • Living Area: 3,945 SqFt

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator, Microwave
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Vinyl, Tile
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Windows - Vinyl, Fence - Privacy, Fence - Wood, Fenced - Yard, Patio, Porch - Screened, Prof Landscaped, Deck, Cable Available (TV Only)

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: On-Street Parking, Garage Door Opener, Main Level, Off-Street Parking

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 1.05 Acres

Utilities

Utilities Information:

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

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: Head west from downtown Knoxville on I 40. Take exit 376 B toward Maryville. Take exit 1 B for Kingston pike. 1 mile turn left on canton hollow rd. 1.3 miles turn right on woody dr. .3 miles turn right onto Mercedes Lane. House is at the end of the cul-de-sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $822,400
  • Price Per SqFt: $208/SqFt

HOA Fees:

  • Amount: $75
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,368
  • 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

700 Mercedes Ln vs Knoxville

13 DAYS ON ROCKET

-17 Days

$822,400

+$456.7K More

$208/SqFt

-$0 Less

KEY TAKEAWAY

This property is $456.7K more than the Median Sold Price and $0/SqFt less 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: #1259757

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

May 18, 2017Home Sold
$347,000
Oct 17, 2005Home Sold
$273,305
May 11, 2005Home Sold
$535,030

Tax History

YEARPROP. TAXASSESSMENT
2020$1,368$64,550
2019$1,368$64,550
2017$1,368$64,550

History based on county public records data.

Payment Calculator

$4,178

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,532

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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-4601491
7
/10

  • Farragut Intermediate School

  • 208 W End Ave

  • 1.38 miles

  • Public District Grades 3-5

Middle School

school-card-donut-4601492
9
/10

  • Farragut Middle School

  • 200 W End Ave

  • 1.71 miles

  • Public District Grades 6-8

High School

school-card-donut-4601493
9
/10

  • Farragut High School

  • 11237 Kingston Pike

  • 1.65 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 $84,255. Most Knoxville, TN residents have annual incomes between $35k-100k. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 700 Mercedes Ln

What is the listing price of this property?

The listing price of 700 Mercedes Ln property is $822,400.

What type of property is this?

The property 700 Mercedes Ln is a house located in Knoxville, Tennessee, 37934.

Is this property for sale now?

Active Listing: 700 Mercedes Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 700 Mercedes 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 $1,368 (source: MLS/based on county public records data).

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

The last sale was on May 18, 2017 for $347,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 700 Mercedes Ln has 5 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 700 Mercedes Ln is 3,945 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 700 Mercedes Ln is 2005.

Rocket Homes›Tennessee›Knox County›Knoxville›37934›700 Mercedes Ln

This home is located at 700 Mercedes Ln in Knoxville, TN and zip code 37934 in the Biltmore Forest neighborhood. This 3,945 square foot home, which was built in 2005, sits on a 1.05 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 18, 2024 and is currently priced at $822,400.

Knoxville, TN housing market in April 2024 saw over 149 listings sold above listed price, more than 120 sold at listed price and over 223 sold below. The number of listings in Knoxville, TN increased by 3.3% between March 2024 and April 2024. Listings spent 30 days on the market in April 2024, and had a median list price of $365,665 during the same period.

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

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