9 days on rocket

721 Summit Lake Ct, Knoxville, TN, 37922

$789,000

Home List Price

$9,369*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,496 SqFt
$226/SqFt
House
Schools Nearby

Location

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721 Summit Lake Ct, Knoxville$789,000

Buyer Closing Credits

$9,369*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Attached, Side/Rear Entry
Attached Garage2 spaces
Year Built1995
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s)
BasementYes
FireplaceInsert, Gas Log
ViewMountain(s)
MLS #1260645
Lot Size0.64 Acres
StatusActive

About 721 Summit Lake Ct

Nestled in the sought-after Lovell Hills neighborhood, this stunning all-brick two-story home with a finished walk-out basement brings together modern elegance and traditional charm. Step inside to discover a meticulously updated interior boasting hardwood floors, fresh lighting, and remodeled bathrooms throughout. The main level has a spacious open layout, featuring a gorgeous kitchen complete with a massive island, gas stove, and ample cabinetry. Adjacent is the cozy family room with a gas log fireplace, seamlessly connecting to the kitchen, and a screened-in deck offering tranquil views of the private backyard. Upstairs, the recently painted master suite showcases tray ceilings, a large walk-in closet, and a fully remodeled marble-tiled bathroom with a freestanding tub, double vanity, and separate toilet room. Three additional bedrooms, each with its own unique style, and a well-appointed hall bath complete the second level. The lower level of the home provides even more space to make your own, featuring a new Murphy bed that conveys, tasteful LVP flooring, a full bath, laundry, and double doors leading to a patio providing plenty of natural light. Perfect for entertaining or accommodating guests, this basement offers endless possibilities. With an oversized two-car garage and workspace. Conveniently located in the heart of Farragut, you'll enjoy easy access to schools, town hall, Turkey Creek, and highways, ensuring that everything you need is within reach. Don't miss your chance to experience the perfect blend of modern luxury and timeless beauty in this exquisite home. Schedule your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1995
  • Living Area: 3,496 SqFt

Listing Office:

  • Office Name: Crye-Leike Realtors South, Inc
  • Office Phone: (865) 693-7341

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Self Cleaning Oven, Refrigerator, Microwave
  • Basement: Yes
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Island in Kitchen, Walk-In Closet(s), Breakfast Bar, Eat-in Kitchen
  • Fireplace: Insert, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Windows - Vinyl, Windows - Insulated, Patio, Porch - Covered, Prof Landscaped, Deck, Cable Available (TV Only)

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Wooded, Rolling/Hilly
  • Lot Size: 0.64 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • 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: Kingston Pike to right onto Huxley Rd, turn left on Chevy Dr, take right onto Summit Lake Ct. Home is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $789,000
  • Price Per SqFt: $226/SqFt

HOA Fees:

  • Amount: $25
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,786
  • 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

721 Summit Lake Ct vs Knoxville

9 DAYS ON ROCKET

-21 Days

$789,000

+$423.3K More

$226/SqFt

+$18 More

KEY TAKEAWAY

This property is $423.3K more than the Median Sold Price and $18/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: #1260645

Listing Office:

  • Office Name: Crye-Leike Realtors South, Inc
  • Office Phone: (865) 693-7341

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: 5/5/2024, 12:50:39 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

Aug 20, 2021Home Sold
$623,500
Aug 07, 2018Home Sold
$314,000
Nov 25, 2014Home Sold
$327,000
May 23, 2005Home Sold
$288,750
May 02, 2003Home Sold
$259,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,786$84,250
2019$1,786$84,250
2017$1,786$84,250

History based on county public records data.

Payment Calculator

$4,007

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,432

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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-6347218
7
/10

  • Farragut Intermediate School

  • 208 W End Ave

  • 1.78 miles

  • Public District Grades 3-5

Middle School

school-card-donut-6347219
9
/10

  • Farragut Middle School

  • 200 W End Ave

  • 2.00 miles

  • Public District Grades 6-8

High School

school-card-donut-6347220
9
/10

  • Farragut High School

  • 11237 Kingston Pike

  • 2.04 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 $98,882. The most common annual income of people living in Knoxville, TN is between $100k-200k. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 721 Summit Lake Ct

What is the listing price of this property?

The listing price of 721 Summit Lake Ct property is $789,000.

What type of property is this?

The property 721 Summit Lake Ct is a house located in Knoxville, Tennessee, 37922.

Is this property for sale now?

Active Listing: 721 Summit Lake Ct is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 721 Summit Lake Ct 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 $1,786 (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 20, 2021 for $623,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 721 Summit Lake Ct has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 721 Summit Lake Ct is 3,496 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 721 Summit Lake Ct is 1995.

Rocket Homes›Tennessee›Knox County›Knoxville›37922›721 Summit Lake Ct

This home is located at 721 Summit Lake Ct in Knoxville, TN and zip code 37922 in the Lovell Hills neighborhood. This 3,496 square foot home, which was built in 1995, sits on a 0.64 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $789,000.

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. In April 2024 in Knoxville, TN there were 3.3% more homes for sale than in March 2024. In April 2024, listings were on the market for 30 days. During the same period, the median list price in this real estate market was $365,665.

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

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