15 days on rocket

1026 Tea Olive Ln, Knoxville, TN, 37919

$799,900

Home List Price

$9,499*

Closing Credit

4 Bedrooms
4 Full Baths
3,338 SqFt
$240/SqFt
House

Location

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1026 Tea Olive Ln, Knoxville$799,900

Buyer Closing Credits

$9,499*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingGarage Door Opener, Main Level
Garage2 spaces
Year Built2020
HeatingCentral, Natural Gas
CoolingCentral Air
FireplaceInsert, Gas Log
MLS #1276928
Lot Size0.18 Acres
StatusActive

About 1026 Tea Olive Ln

Located in Penrose Forest where shopping, dining, parks and more are within minutes, this all-brick home rests in a cul-de-sac with a fully fenced back yard. Rich hardwoods, natural light and neutral paint invoke an elegant palette to create the home you have longed for. Off of the front entry hall is the main level bedroom and full bath - ideal for guests or possibly an in-home office. The formal dining area is spacious offering plenty of room for guests and flows seamlessly into the living area with ample space for seating, a tray ceiling, access to the covered deck and a focal fireplace. The eat-in kitchen boasts a large island/breakfast bar, crisp white cabinetry, gas cooktop, pantry and stainless appliances. The upper level contains the large primary with ample natural light and room for seating. An attached large walk-in closet and beautiful bath with wainscoting, dual sinks, soaking tub and walk-in shower complete this suite. A spacious bedroom - that could be used as additional living space or playroom along with the remaining additional bedrooms with a Jack-n-Jill bath complete this upper level. The exterior has a covered deck that can be used almost all year long to entertain and relax while a lower patio offers space to grill, chill or watch your two-legged or four-legged littles run and play!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2020
  • Living Area: 3,338 SqFt

Listing Office:

  • Office Name: Keller Williams Signature
  • Office Phone: (865) 588-9300

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Oven, Microwave, Range, Refrigerator, Tankless Water Heater, Washer
  • Basement: No
  • Flooring Type: Carpet, Hardwood, Tile
  • Interior: Island in Kitchen, Pantry, Walk-In Closet(s)
  • Fireplace: Insert, Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Irrigation System, Patio, Deck

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Garage Door Opener, Main Level

Lot Features

Lot Information:

  • Lot: Cul-De-Sac
  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

  • West High School, Public Magnet Grades 9-12
  • Bearden Middle School, Public District Grades 6-8
  • Rocky Hill Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Kingston Pike or Northshore to Morrell Rd, West on Nubbin Ridge about 1 mile to Penrose Forest on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,900
  • Price Per SqFt: $240/SqFt

HOA Fees:

  • Amount: $250
  • Frequency: Annually

Tax Information:

  • Annual Amount: $1,284
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Knoxville, TN.

Med. Sold Price

$374.8K

Med. Price/SqFt

$211

Avg. Days On Market

30

# of Sold Homes

418

1026 Tea Olive Ln vs Knoxville

15 DAYS ON ROCKET

-15 Days

$799,900

+$425K More

$240/SqFt

+$29 More

KEY TAKEAWAY

This property is $425K more than the Median Sold Price and $29/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: #1276928

Listing Office:

  • Office Name: Keller Williams Signature
  • Office Phone: (865) 588-9300

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: 10/5/2024, 7:20:56 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

Jul 06, 2020Home Sold
$491,200

Tax History

YEARPROP. TAXASSESSMENT
2020$1,284$60,550
2019$212$10,000

History based on county public records data.

Payment Calculator

$4,080

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,465

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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-266141
8
/10
  • Rocky Hill Elementary School

  • 1200 Morrell Rd

  • 0.83 miles

  • Public District Grades KG-5

Middle School

school-card-donut-266142
4
/10
  • Bearden Middle School

  • 1000 Francis Rd

  • 2.71 miles

  • Public District Grades 6-8

High School

school-card-donut-266143
6
/10
  • West High School

  • 3300 Sutherland Ave

  • 4.67 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $75,078. Most Knoxville, TN residents have annual incomes between $35k-100k. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Knoxville, TN

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Knoxville, TN?

Knoxville's housing market presents a diverse array of options, with single-family homes being a significant presence. The architectural styles vary, offering a mix of historic homes that reflect the city's rich past and contemporary constructions that cater to modern tastes. While the majority of the housing stock is designed for family living, there is also a substantial selection of apartments and townhouses that appeal to individuals and smaller households. The homeownership rate in Knoxville is robust, with a healthy balance between owners and renters.

Is Knoxville, TN a good place to live?

Knoxville is celebrated for its vibrant community spirit and rich cultural heritage. The city prides itself on a variety of local events and festivals that showcase its artistic flair and community engagement. From outdoor concerts to art exhibitions, Knoxville's character is defined by its active participation in the arts and its commitment to fostering a welcoming atmosphere for residents and visitors alike.

Are things conveniently located in Knoxville, TN?

The community is served by a comprehensive educational system, including a number of public and private schools that cater to a range of educational needs. Healthcare facilities are well-distributed throughout the city, offering residents access to primary care, emergency services, and specialized medical treatments. Knoxville's public library system is extensive, providing educational and cultural resources to the community. Retail and dining options are plentiful, reflecting the local culture with a blend of traditional Southern cuisine and international flavors.

What does the transportation in Knoxville, TN look like?

Knoxville features a developed transport infrastructure that supports both private and public transit options. The city's road network facilitates easy commuting and travel, with highways connecting Knoxville to surrounding areas. Public transportation services are available, providing residents with alternatives to private vehicle use. The city is also making strides in enhancing walkability and bikeability, with ongoing initiatives to improve the safety and convenience of non-vehicular travel. Ride-sharing services are present in the city, complementing the existing transportation options.

Frequently Asked Questions About 1026 Tea Olive Ln

What is the listing price of this property?

The listing price of 1026 Tea Olive Ln property is $799,900.

What type of property is this?

The property 1026 Tea Olive Ln is a house located in Knoxville, Tennessee, 37919.

Is this property for sale now?

Active Listing: 1026 Tea Olive 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 1026 Tea Olive Ln are:
Rocky Hill Elementary School: GreatSchools Rating 8/10
Bearden Middle School: GreatSchools Rating 4/10
West 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 $1,284 (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 6, 2020 for $491,200. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1026 Tea Olive Ln has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1026 Tea Olive Ln is 3,338 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1026 Tea Olive Ln is 2020.

Rocket HomesTennesseeKnox CountyKnoxville379191026 Tea Olive Ln

This home is located at 1026 Tea Olive Ln in Knoxville, TN and zip code 37919. This 3,338 square foot home, which was built in 2020, sits on a 0.18 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $799,900.

While more than 83 listings in Knoxville, TN in September 2024 were sold above asking price, there were more than 105 listings sold at asking price, and more than 228 were sold below. Between August 2024 and September 2024, Knoxville, TN real estate market has seen decrease in the number of listings by 6.6%. The median list price of listings available in September 2024 was $374,894, while the average time on the real estate market was 30 days.

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

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