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7900 Gray Heights Way, Knoxville, TN, 37938

$1,100,000

Home List Price

$10,000*

Closing Credit

0 Baths
6,240 SqFt
$176/SqFt
House
Schools Nearby

Location

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7900 Gray Heights Way, Knoxville$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingOn Premise Parking, Off-Street Parking
Year Built1999
HeatingCentral, Forced Air, Electric
CoolingCentral Air, Ceiling Fan(s)
MLS #1257964
StatusActive

About 7900 Gray Heights Way

Welcome to an investment opportunity in the growing Halls area of Knoxville. This well maintained property consists of three duplexes on one lot, offering a total of six units. Each unit has 2 bedrooms and 1.5 bathrooms with 1,040 square feet. Additionally, the units feature a covered porch with rear patio. Most units have been updated to achieve top market rental income. Each unit can be resold as individual units. Financials are available upon request.

Property Details

Property Features

Property Information:

  • Year Built: 1999
  • Living Area: 6,240 SqFt

Listing Office:

  • Office Name: Honors Real Estate Services LLC
  • Office Phone: (865) 238-0002

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator
  • Flooring Type: Laminate, Carpet, Vinyl

Exterior Features

Exterior Information:

  • Exterior: Windows - Vinyl, Porch - Covered, Patio

Parking Information:

  • Attached Garage: No
  • Parking: On Premise Parking, Off-Street Parking

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Electric
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

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

Other

Directions Information:

  • Directions: GPS Friendly.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $176/SqFt

Tax Information:

  • Annual Amount: $3,718
  • 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

7900 Gray Heights Way vs Knoxville

30 DAYS ON ROCKET

-0 Day

$1,100,000

+$734.3K More

$176/SqFt

-$32 Less

KEY TAKEAWAY

This property is $734.3K more than the Median Sold Price and $32/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: #1257964

Listing Office:

  • Office Name: Honors Real Estate Services LLC
  • Office Phone: (865) 238-0002

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: 5/3/2024, 5:20:40 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

Jul 30, 1997Home Sold
$20,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,718$175,400
2019$3,718$175,400
2017$3,718$175,400

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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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-5476005
6
/10

  • Halls Elementary School

  • 7502 Andersonville Pike

  • 1.32 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5476006
4
/10

  • Halls Middle School

  • 4317 E Emory Rd

  • 1.36 miles

  • Public District Grades 6-8

High School

school-card-donut-5476007
6
/10

  • Halls High School

  • 4321 E Emory Rd

  • 1.40 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 $65,469. Residents of Knoxville, TN typically earn between $35k-100k each year. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7900 Gray Heights Way

What is the listing price of this property?

The listing price of 7900 Gray Heights Way property is $1,100,000.

What type of property is this?

The property 7900 Gray Heights Way is a house located in Knoxville, Tennessee, 37938.

Is this property for sale now?

Active Listing: 7900 Gray Heights 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 7900 Gray Heights Way are:
Halls Elementary School: GreatSchools Rating 6/10
Halls Middle School: GreatSchools Rating 4/10
Halls High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,718 (source: MLS/based on county public records data).

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

The last sale was on July 30, 1997 for $20,000. (source: MLS/tax record).

What is the square footage of this property?

The property 7900 Gray Heights Way is 6,240 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7900 Gray Heights Way is 1999.

Rocket Homes›Tennessee›Knox County›Knoxville›37938›7900 Gray Heights Way

This home is located at 7900 Gray Heights Way in Knoxville, TN and zip code 37938. This 6,240 square foot home was built in 1999. It has been listed on Rocket Homes since April 03, 2024 and is currently priced at $1,100,000.

In April 2024, from all listings sold in Knoxville, TN there were more than 149 sold above asking price, over 223 sold below and more than 120 were sold right at the asked price. The number of listings in Knoxville, TN increased by 3.3% between March 2024 and April 2024. While the average time on the market in April 2024 was 30 days, the median list price was $365,665.

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

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