2 months on rocket

401 Parkridge Dr Unit 401-415, Kingsport, TN, 37660

$1,400,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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401 Parkridge Dr Unit 401-415, Knoxville$1,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingAsphalt
Garage4 spaces
Year Built1989
HeatingHeat Pump
CoolingHeat Pump
FireplaceLiving Room
ViewMountain(s)
MLS #9972406
Lot Size10.60 Acres
StatusActive

About 401 Parkridge Dr Unit 401-415

Great investment opportunity with a huge amount of land zoned R3 for expansion! City water, sewer, schools and extensive road frontage. 3 adjacent parcels of land with frontage on Parkridge, Tilthammer and Manor Dr, (see attachment.) 8 total units fully rented, (2) 2 bed/2 bath, (2) 3 bed/2 bath, (4) 2 bed/1.5 bath. Each unit has its own power and water meter, owner pays landscape, pest and trash pickup. Extensive renovations done in 2022/2023. Roof 2015, Siding 6 years ago. Large yard area in the rear of the building, each unit has deck or patio. Plenty of parking in the front, 4 units have one-car garage.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary, Townhouse
  • Year Built: 1989

Listing Office:

  • Office Name: Southern Dwellings
  • Office Phone: (423) 343-4118
  • Listing Agent: Mary Glenn Lively

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Range, Refrigerator
  • Basement: No
  • Flooring Type: Luxury Vinyl, Carpet, Ceramic Tile
  • Interior: Eat-in Kitchen, Laminate Counters
  • Fireplace: Living Room

Exterior Features

Exterior Information:

  • View: Mountain(s)
  • Exterior: Privacy Fence, Porch/Covered, Deck, Balcony

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Sloped, Wooded, Level
  • Lot Size: 10.60 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: Downtown Kingsport to Netherland Inn Rd to left on Ridgefields Rd. Left on Eastley to left on Parkridge.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000
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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

401 Parkridge Dr Unit 401-415 vs Knoxville

65 DAYS ON ROCKET

+30 Days

$1,400,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Knoxville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Tennessee/Virginia Regional MLS
  • MLS Number: #9972406

Listing Office:

  • Office Name: Southern Dwellings
  • Office Phone: (423) 343-4118
  • Listing Agent: Mary Glenn Lively

The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. 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. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2024 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 1:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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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-718022
3
/10

  • Spring Hill Elementary School

  • 4711 Mildred Dr

  • 0.93 miles

  • Public District Grades PK-5

school-card-donut-718023
3
/10

  • Chilhowee Intermediate School

  • 5005 Asheville Hwy

  • 1.24 miles

  • Public District Grades 3-5

school-card-donut-718024
3
/10

  • Ritta Elementary School

  • 6228 Washington Pike

  • 2.53 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 $63,147. The majority of Knoxville, TN residents have income between $35k-100k annually. 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

Rocket Homes›Tennessee›Knox County›Knoxville›37660›401 Parkridge Dr Unit 401-415

This home is located at 401 Parkridge Dr Unit 401-415 in Kingsport, TN and zip code 37660 in the Spring Place neighborhood. This home, which was built in 1989, sits on a 10.60 acre lot. It has been listed on Rocket Homes since October 17, 2024 and is currently priced at $1,400,000.

In November 2024 more than 73 listings in Knoxville, TN were sold above the asking price. During the same period more than 91 listings were sold at asking price, while more than 222 were sold below. The number of listings in Knoxville, TN decreased by 7.8% between October 2024 and November 2024. 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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