2 months on rocket

1201 Karnes Ave, Knoxville, TN, 37917

$250,000

Home List Price

$2,969*

Closing Credit

0 Baths
994 SqFt
$252/SqFt
House

Location

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1201 Karnes Ave, Knoxville$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Premise Parking, On-Street Parking, Off-Street Parking
Year Built1946
HeatingCentral, Other, Electric
CoolingCentral Air, Window Unit(s)
MLS #1276456
StatusActive

About 1201 Karnes Ave

Unlock the potential of this budget-friendly duplex! Over $25k/yr gross income! 3 miles to Downtown, Market Square, University of Tennessee Hospitals. Two separate units, separately metered, perfect for rental income or multi-generational living. Nestled in a neighborhood ripe with growth this property offers a great upside potential. Main Level Unit. 3 Bed 1 Bath Upstairs Unit. 2 Bed 1 Bath Property is Occupied. Do Not Disturb Tenants. Call listing team with questions + showing windows.

Property Details

Property Features

Property Information:

  • Year Built: 1946
  • Living Area: 994 SqFt

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 519-5113

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Laminate, Carpet, Vinyl, Other

Exterior Features

Exterior Information:

  • Exterior: Porch - Covered, Balcony

Parking Information:

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

Utilities

Utilities Information:

  • Heating: Central, Other, Electric
  • Cooling: Central Air, Window Unit(s)

Other

Directions Information:

  • Directions: From N. Broadway St, turn NW on to Karnes Ave, cross Milton St and continue on Karnes Ave. Home will be the last house on the left, no sign on property.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $252/SqFt

Tax Information:

  • Annual Amount: $615
  • 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

$376K

Med. Price/SqFt

$211

Avg. Days On Market

31

# of Sold Homes

444

1201 Karnes Ave vs Knoxville

68 DAYS ON ROCKET

+37 Days

$250,000

-$126K Less

$252/SqFt

+$40 More

KEY TAKEAWAY

This property is $126K less than the Median Sold Price and $40/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: #1276456

Listing Office:

  • Office Name: eXp Realty, LLC
  • Office Phone: (888) 519-5113

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: 11/20/2024, 11:50:55 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

Aug 30, 1996Home Sold
$40,000
Jun 03, 1994Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2020$615$24,960
2019$1,143$24,960
2017$1,144$24,960

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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.

Nearby Schools

school-card-donut-189508
5
/10

  • Christenberry Elementary School

  • 927 Oglewood Ave

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-189509
3
/10

  • Belle Morris Elementary School

  • 2308 Washington Pike

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-189510
3
/10

  • Inskip Elementary School

  • 4701 High School Rd

  • 1.72 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $14,240. The most common annual income of people living in Knoxville, TN is less than $35k. The majority of families are single, with 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 1201 Karnes Ave

What is the listing price of this property?

The listing price of 1201 Karnes Ave property is $250,000.

What type of property is this?

The property 1201 Karnes Ave is a house located in Knoxville, Tennessee, 37917.

Is this property for sale now?

Active Listing: 1201 Karnes Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $615 (source: MLS/based on county public records data).

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

The last sale was on August 30, 1996 for $40,000. (source: MLS/tax record).

What is the square footage of this property?

The property 1201 Karnes Ave is 994 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1201 Karnes Ave is 1946.

Rocket Homes›Tennessee›Knox County›Knoxville›37917›1201 Karnes Ave

This home is located at 1201 Karnes Ave in Knoxville, TN and zip code 37917 in the Lincoln Park neighborhood. This 994 square foot home was built in 1946. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $250,000.

In October 2024, from all listings sold in Knoxville, TN there were more than 91 sold above asking price, over 245 sold below and more than 104 were sold right at the asked price. In October 2024 in Knoxville, TN there were 0.3% less homes for sale than in September 2024. In October 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $376,023.

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

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