5 months on rocket

509 Cedar Ln, Knoxville, TN, 37912

$305,000

Home List Price

$3,622*

Closing Credit

3 Bedrooms
2 Full Baths
1,300 SqFt
$235/SqFt
House

Location

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509 Cedar Ln, Knoxville$305,000

Buyer Closing Credits

$3,622*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingAttached
Attached GarageYes
Year Built1953
HeatingCentral, Electric
CoolingCentral Air
FireplaceNone
MLS #1267856
Lot Size0.40 Acres
StatusActive

About 509 Cedar Ln

CONVENIENT LOCATION!!!! COMPLETELY REMODELED INSIDE AND OUT!!! GORGEOUS HOME!!!! A MUST SEE!!! MASTER SUITE BEDROOM!!! NEW HEAT & AIR!!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1953
  • Living Area: 1,300 SqFt

Listing Office:

  • Office Name: Powell Auction & Realty,LLC
  • Office Phone: (865) 938-3403

Interior Features

Interior Information:

  • Appliances: Range, Refrigerator
  • Basement: No
  • Flooring Type: Laminate, Carpet, Vinyl
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Windows - Vinyl, Windows - Insulated, Fence - Wood, Fenced - Yard, Deck

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached

Lot Features

Lot Information:

  • Lot: Private, Irregular Lot
  • Lot Size: 0.40 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I-75 North to Right on Merchants. Head East on Cedar Lane, cross tracks and house with circle drives is on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $305,000
  • Price Per SqFt: $235/SqFt

Tax Information:

  • Annual Amount: $1,055
  • 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

509 Cedar Ln vs Knoxville

176 DAYS ON ROCKET

+141 Days

$305,000

-$74.4K Less

$235/SqFt

+$22 More

KEY TAKEAWAY

This property is $74.4K less than the Median Sold Price and $22/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: #1267856

Listing Office:

  • Office Name: Powell Auction & Realty,LLC
  • Office Phone: (865) 938-3403

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: 12/21/2024, 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

Listing History

Mar 24, 2003Home Sold
$55,000
Aug 16, 1996Home Sold
$48,900
Jun 20, 1996Home Sold
$48,900
Jul 05, 1989Home Sold
$48,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,055$23,000
2019$1,054$23,000
2017$1,055$23,000

History based on county public records data.

Payment Calculator

$1,590

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$981

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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-823004
3
/10

  • Inskip Elementary School

  • 4701 High School Rd

  • 0.63 miles

  • Public District Grades PK-5

school-card-donut-823005
5
/10

  • Sterchi Elementary School

  • 900 Oaklett Dr

  • 0.63 miles

  • Public District Grades KG-5

school-card-donut-823006
4
/10

  • Norwood Elementary School

  • 1909 Merchant Dr

  • 1.80 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 $43,715. Typical income of Knoxville, TN residents is between $35k-100k annually. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 509 Cedar Ln

What is the listing price of this property?

The listing price of 509 Cedar Ln property is $305,000.

What type of property is this?

The property 509 Cedar Ln is a house located in Knoxville, Tennessee, 37912.

Is this property for sale now?

Active Listing: 509 Cedar 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 $1,055 (source: MLS/based on county public records data).

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

The last sale was on March 24, 2003 for $55,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 509 Cedar Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 509 Cedar Ln is 1,300 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 509 Cedar Ln is 1953.

Rocket Homes›Tennessee›Knox County›Knoxville›37912›509 Cedar Ln

This home is located at 509 Cedar Ln in Knoxville, TN and zip code 37912 in the Cedar Lane neighborhood. This 1,300 square foot home, which was built in 1953, sits on a 0.40 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 28, 2024 and is currently priced at $305,000.

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. The number of homes for sale in Knoxville, TN decreased by 7.8% between October 2024 and November 2024. Listings spent 35 days on the market in November 2024, and had a median list price of $379,453 during the same period.

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

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