15 days on rocket

2024 Franklin Ln, Knoxville, TN, 37920

$400,000

Home List Price

$4,750*

Closing Credit

4 Bedrooms
2 Full Baths
1,814 SqFt
$221/SqFt
House
Schools Nearby

Location

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2024 Franklin Ln, Knoxville$400,000

Buyer Closing Credits

$4,750*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage4 spaces
Year Built2022
HeatingCentral, Natural Gas
CoolingCentral Air, Ceiling Fan(s)
FireplaceNone, Other
MLS #1263276
Lot Size0.79 Acres
StatusActive

About 2024 Franklin Ln

Presenting the latest gem in the real estate scene: 2024 Franklin Ln. This spacious home, securely nestled on a permanent foundation, is more than just a home - it's a gateway to convenience and adventure. Step onto the inviting concrete porches, front and back, offering tranquil spots to soak in nature's beauty. Inside, revel in the expansive layout boasting 4 bedrooms and 2 baths, ensuring every member of the household finds their ideal sanctuary. What sets this property apart is its prime location. With swift access to the Alcoa Highway, downtown Knoxville, World's Fair Park, and the iconic Sunsphere, the world is at your doorstep. And for outdoor enthusiasts, rejoice in being mere minutes from walking, hiking, and biking trails, inviting endless exploration and rejuvenation. Moreover, convenience reigns supreme with this property being just 10 minutes away from both the University of Tennessee campus and the University of Tennessee Medical Center. Whether it's academic pursuits, medical appointments, or cheering on the Volunteers, you're never far from the action. But wait, there's more! A remarkable detached garage, spanning over 1500 sq ft, awaits your imagination - envision it as a haven for your hobbies, a creative workspace, or a luxurious guest retreat. And with a 4-year home warranty included, peace of mind is guaranteed. With nearly an acre of land at your disposal, there's ample space for your dreams to unfold. Imagine the possibilities of the expansive driveway, accommodating over six vehicles with ease, perfect for hosting gatherings or nurturing your vehicle collection. Seize the opportunity to own a piece of South Knoxville's charm and convenience. Whether you're seeking a private sanctuary or a hub for exploration, 2024 Franklin Ln offers the best of both worlds. Don't miss out on this chance to elevate your lifestyle.

Property Details

Property Features

Property Information:

  • Architectural Style: Double Wide, Manufactured
  • Year Built: 2022
  • Living Area: 1,814 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 693-3232

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Basement: No
  • Flooring Type: Laminate
  • Interior: Island in Kitchen, Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: None, Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Windows - Vinyl, Patio

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Irregular Lot, Level
  • Lot Size: 0.79 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • South-Doyle High School, Public District Grades 9-12
  • South Doyle Middle School, Public District Grades 6-8
  • Mount Olive Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: I-40 East to exit 386B to Alcoa Hwy, Right on Montlake Dr, right on Franklin Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $400,000
  • Price Per SqFt: $221/SqFt

Tax Information:

  • Annual Amount: $171
  • 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

$366.7K

Med. Price/SqFt

$208

Avg. Days On Market

27

# of Sold Homes

558

2024 Franklin Ln vs Knoxville

15 DAYS ON ROCKET

-12 Days

$400,000

+$33.2K More

$221/SqFt

+$12 More

KEY TAKEAWAY

This property is $33.2K more than the Median Sold Price and $12/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: #1263276

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 693-3232

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: 6/1/2024, 7:20:39 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$171$8,050
2019$171$8,050
2017$171$8,050

History based on county public records data.

Payment Calculator

$2,064

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,266

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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-6630991
6
/10

  • Mount Olive Elementary School

  • 2507 Maryville Pike

  • 0.95 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6630992
4
/10

  • South Doyle Middle School

  • 3900 Decatur Dr

  • 2.73 miles

  • Public District Grades 6-8

High School

school-card-donut-6630993
4
/10

  • South-Doyle High School

  • 2020 Tipton Station Rd

  • 3.55 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 $32,023. Most Knoxville, TN residents have annual incomes less than $35k. The most common type of family is single, 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 2024 Franklin Ln

What is the listing price of this property?

The listing price of 2024 Franklin Ln property is $400,000.

What type of property is this?

The property 2024 Franklin Ln is a house located in Knoxville, Tennessee, 37920.

Is this property for sale now?

Active Listing: 2024 Franklin 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 2024 Franklin Ln are:
Mount Olive Elementary School: GreatSchools Rating 6/10
South Doyle Middle School: GreatSchools Rating 4/10
South-Doyle High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $171 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2024 Franklin Ln has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 2024 Franklin Ln is 1,814 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2024 Franklin Ln is 2022.

Rocket Homes›Tennessee›Knox County›Knoxville›37920›2024 Franklin Ln

This home is located at 2024 Franklin Ln in Knoxville, TN and zip code 37920 in the Widows Colony neighborhood. This 1,814 square foot home, which was built in 2022, sits on a 0.79 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $400,000.

Over 192 listings were sold over their listed price in May 2024 in Knoxville, TN. In the same period over 222 listings were sold below the listed price and 142 listings were sold for the listed price. In May 2024 in Knoxville, TN there were 1.3% more homes for sale than in April 2024. Listings spent 27 days on the market in May 2024, and had a median list price of $366,771 during the same period.

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

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