14 days on rocket

7516 Rising Rd, Knoxville, TN, 37924

$98,900

Home List Price

$1,174*

Closing Credit

2 Bedrooms
2 Full Baths
832 SqFt
$119/SqFt
House
Schools Nearby

Location

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7516 Rising Rd, Knoxville$98,900

Buyer Closing Credits

$1,174*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
Year Built1940
HeatingCentral, Electric
CoolingCentral Air
FireplaceNone
MLS #1262878
Lot Size0.23 Acres
StatusActive

About 7516 Rising Rd

Calling all investors! This gem is a fixer upper with huge potential. 2 bedroom 2 full bathroom home with a large lot. Schedule your tour today! The utilities will not be cut on for any inspections. Property being sold AS-IS. ALL information deemed reliable but MUST be independently verified by buyer/agent.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1940
  • Living Area: 832 SqFt

Listing Office:

  • Office Name: ListWithFreedom.com
  • Office Phone: (855) 456-4945

Interior Features

Interior Information:

  • Appliances: Dishwasher
  • Basement: No
  • Flooring Type: Laminate, Vinyl
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Cable Available (TV Only)

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Gibbs High School, Public District Grades 9-12
  • Holston Middle School, Public District Grades 6-8
  • East Knox Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Use the right 2 lanes to merge onto I-40 E via the ramp to Asheville Take exit 392 to merge onto US-11W N/Rutledge Pike Turn right onto Old Rutledge Pike Turn left onto Rising Rd Destination will be on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $98,900
  • Price Per SqFt: $119/SqFt

Tax Information:

  • Annual Amount: $293
  • 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

7516 Rising Rd vs Knoxville

14 DAYS ON ROCKET

-16 Days

$98,900

-$266.7K Less

$119/SqFt

-$89 Less

KEY TAKEAWAY

This property is $266.7K less than the Median Sold Price and $89/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: #1262878

Listing Office:

  • Office Name: ListWithFreedom.com
  • Office Phone: (855) 456-4945

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: 5/29/2024, 12:50:40 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, 2009Home Sold
$36,000
May 16, 2005Home Sold
$25,300
Sep 28, 1999Home Sold
$23,900

Tax History

YEARPROP. TAXASSESSMENT
2020$293$13,825
2019$293$13,825
2017$293$13,825

History based on county public records data.

Payment Calculator

$561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$363

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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-4196411
6
/10

  • East Knox Elementary School

  • 9315 Rutledge Pike

  • 4.24 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4196412
4
/10

  • Holston Middle School

  • 600 N Chilhowee Dr

  • 2.70 miles

  • Public District Grades 6-8

High School

school-card-donut-4196413
5
/10

  • Gibbs High School

  • 7628 Tazewell Pike

  • 6.39 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 $31,639. The most common annual income of people living in Knoxville, TN is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7516 Rising Rd

What is the listing price of this property?

The listing price of 7516 Rising Rd property is $98,900.

What type of property is this?

The property 7516 Rising Rd is a house located in Knoxville, Tennessee, 37924.

Is this property for sale now?

Active Listing: 7516 Rising 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 7516 Rising Rd are:
East Knox Elementary School: GreatSchools Rating 6/10
Holston Middle School: GreatSchools Rating 4/10
Gibbs High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $293 (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, 2009 for $36,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7516 Rising Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7516 Rising Rd is 832 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7516 Rising Rd is 1940.

Rocket Homes›Tennessee›Knox County›Knoxville›37924›7516 Rising Rd

This home is located at 7516 Rising Rd in Knoxville, TN and zip code 37924. This 832 square foot home, which was built in 1940, sits on a 0.23 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $98,900.

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 homes for sale in Knoxville, TN increased by 3.3% between March 2024 and April 2024. In April 2024 median list price was $365,665 and the average listing age was 30 days.

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

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