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2024 Franklin Ln, Knoxville, TN, 37920

$380,000

Home List Price

$4,513*

Closing Credit

4 Bedrooms
2 Full Baths
1,814 SqFt
$209/SqFt
House

Location

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2024 Franklin Ln, Knoxville$380,000

Buyer Closing Credits

$4,513*

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 #1282826
Lot Size0.79 Acres
StatusActive

About 2024 Franklin Ln

Welcome to 2024 Franklin Lane, a South Knoxville gem brimming with possibilities! This spacious 4-bedroom, 2-bath home sits on a permanent foundation and features inviting concrete porches at both the front and back, ideal for relaxing in the peaceful surroundings. What truly sets this property apart is the impressive detached garage, offering nearly 1,400 sq ft of space. Perfectly suited for a car enthusiast's dream workshop or as a foundation for an Additional Dwelling Unit (ADU), this space offers incredible potential. Envision creating a private guest suite, a lucrative rental unit, or a creative studio—endless opportunities await! Situated on nearly an acre, the property features a generously sized driveway capable of parking six or more vehicles, making it ideal for entertaining or accommodating your vehicle collection. The location couldn't be more convenient. Enjoy quick access to Alcoa Highway, downtown Knoxville, and iconic attractions like the World's Fair Park and the Sunsphere. Outdoor lovers will appreciate being just minutes from walking, hiking, and biking trails. Additionally, the property is only 10 minutes from the University of Tennessee campus and medical center, offering unparalleled convenience for students, professionals, or anyone seeking the best Knoxville has to offer. With a 4-year home warranty included, you'll have peace of mind as you explore all this property has to offer. Don't miss out on this rare South Knoxville opportunity to create your personal retreat or next great investment. Schedule your showing today!

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, Range, 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)

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: $380,000
  • Price Per SqFt: $209/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

$379.4K

Med. Price/SqFt

$213

Avg. Days On Market

35

# of Sold Homes

389

2024 Franklin Ln vs Knoxville

38 DAYS ON ROCKET

+3 Days

$380,000

+$546 More

$209/SqFt

-$4 Less

KEY TAKEAWAY

This property is $546 more than the Median Sold Price and $4/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: #1282826

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: 12/25/2024, 11:51:07 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

$1,964

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,206

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NMLS#3030

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-1599751
6
/10

  • Mount Olive Elementary School

  • 2507 Maryville Pike

  • 0.96 miles

  • Public District Grades KG-5

school-card-donut-1599752
2
/10

  • Mooreland Heights Elementary School

  • 5315 Magazine Rd

  • 2.01 miles

  • Public District Grades PK-5

school-card-donut-1599753
8
/10

  • Sequoyah Elementary School

  • 942 Southgate Rd

  • 2.07 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $32,023. Typical income of Knoxville, TN residents is less than $35k annually. The majority of families are single, no kids. Residents of this area typically 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 $380,000.

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 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 November 17, 2024 and is currently priced at $380,000.

Knoxville, TN housing market in November 2024 saw over 73 listings sold above listed price, more than 91 sold at listed price and over 222 sold below. Between October 2024 and November 2024, Knoxville, TN real estate market has seen decrease in the number of listings by 7.8%. In November 2024 median list price was $379,453 and the average listing age was 35 days.

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

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