1 month on rocket

Sale Pending

862 Festival Ln, Knoxville, TN, 37923

$534,999

Home List Price

$6,353*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,503 SqFt
$214/SqFt
House
Schools Nearby

Location

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862 Festival Ln, Knoxville$534,999

Buyer Closing Credits

$6,353*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Attached, Main Level
Attached Garage2 spaces
Year Built2017
HeatingCentral, Natural Gas
CoolingCentral Air
FireplaceWood Burning, Gas Log
MLS #1257039
Lot Size0.15 Acres
StatusSale Pending
(Pending - Continue to Show)

About 862 Festival Ln

Like new 2017 built Hughston construction 4 BR and 2.5 bath 2347 Sqft home in Cedar Bluff Area. The ''Dogwood'' features open floor plan with wood floor through-out the main and dramatic coffered ceilings and arch doorways! Former model home! Gourmet kitchen with large granite island, drop lighting, tile backsplash plus open views to the large living room which is centerpieced by a gas log fireplace! Wall of windows provide views of the large entertainment deck with covered pergola! Incredible game day covered patio with wood burning fireplace and pre-wired for TV! Elegant dining awaits in the coffered ceiling and hardwood floored formal dining room with arched doorway entry! Mudroom w/drop zone and cubbies. Huge master suite with peaceful alcove and adjoining tiled bath with his and hers separate granite vanities, large garden tub and tiled walk-in shower plus separate his and hers closets! 3 additional large BR's and granite vanity guest bath. Front and rear irrigation. Laundry is a breeze in the main floor tiled laundry and the washer & dryer stays! Perfect location. Close to shopping, eating and the interstate. Great Cedar Bluff schools & Hardin Valley High School.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2017
  • Living Area: 2,503 SqFt

Listing Office:

  • Office Name: ReMax Preferred Properties, Inc.
  • Office Phone: (865) 694-8100

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Oven, Refrigerator, Microwave, Washer
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Cathedral Ceiling(s), Island in Kitchen, Pantry, Walk-In Closet(s), Breakfast Bar, Eat-in Kitchen
  • Fireplace: Wood Burning, Gas Log

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Irrigation System, Windows - Vinyl, Windows - Insulated, Fence - Wood, Fenced - Yard, Patio, Porch - Covered, Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage Door Opener, Attached, Main Level

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • Hardin Valley Academy, Public District Grades 9-12
  • Cedar Bluff Middle School, Public District Grades 6-8
  • Cedar Bluff Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Pellissippi to east on Dutchtown. Left into Dutchtown woods s/d. Home on right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $534,999
  • Price Per SqFt: $214/SqFt

HOA Fees:

  • Amount: $300
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,497
  • 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

862 Festival Ln vs Knoxville

32 DAYS ON ROCKET

-6 Days

$534,999

+$169.9K More

$214/SqFt

+$7 More

KEY TAKEAWAY

This property is $169.9K more than the Median Sold Price and $7/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: #1257039

Listing Office:

  • Office Name: ReMax Preferred Properties, Inc.
  • Office Phone: (865) 694-8100

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: 4/27/2024, 2:20:23 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 03, 2019Home Sold
$305,415
May 16, 2018Home Sold
$297,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,497$70,600
2019$1,497$70,600

History based on county public records data.

Payment Calculator

$2,763

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,670

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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-1325623
5
/10

  • Cedar Bluff Elementary School

  • 705 N Cedar Bluff Rd

  • 1.40 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1325624
5
/10

  • Cedar Bluff Middle School

  • 707 N Cedar Bluff Rd

  • 1.41 miles

  • Public District Grades 6-8

High School

school-card-donut-1325625
6
/10

  • Hardin Valley Academy

  • 11345 Hardin Valley Rd

  • 3.33 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 $108,312. Typical income of Knoxville, TN residents is between $100k-200k annually. Residents typically live in married, no kids family. 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 862 Festival Ln

What is the listing price of this property?

The listing price of 862 Festival Ln property is $534,999.

What type of property is this?

The property 862 Festival Ln is a house located in Knoxville, Tennessee, 37923.

Is this property for sale now?

Sale Pending: 862 Festival Ln is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 862 Festival Ln are:
Cedar Bluff Elementary School: GreatSchools Rating 5/10
Cedar Bluff Middle School: GreatSchools Rating 5/10
Hardin Valley Academy: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,497 (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 3, 2019 for $305,415. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 862 Festival Ln has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 862 Festival Ln is 2,503 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 862 Festival Ln is 2017.

Rocket Homes›Tennessee›Knox County›Knoxville›37923›862 Festival Ln

This home is located at 862 Festival Ln in Knoxville, TN and zip code 37923. This 2,503 square foot home, which was built in 2017, sits on a 0.15 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $534,999.

In March 2024, from all listings sold in Knoxville, TN there were more than 114 sold above asking price, over 234 sold below and more than 95 were sold right at the asked price. The inventory of homes for sale in Knoxville, TN between February 2024 and March 2024 increased by 5.3%. In March 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $365,052.

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

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