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5516 Summitridge Ln, Knoxville, TN, 37921

$495,000

Home List Price

$5,878*

Closing Credit

4 Bedrooms
3 Full Baths
2,200 SqFt
$225/SqFt
House

Location

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5516 Summitridge Ln, Knoxville$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeResidential
ParkingAttached, Side/Rear Entry
Attached Garage2 spaces
Year Built1999
HeatingCentral, Natural Gas, Electric
CoolingCentral Air, Ceiling Fan(s)
FireplaceGas Log
MLS #1282185
Lot Size0.23 Acres
StatusActive

About 5516 Summitridge Ln

Welcome to this stunning 4-bedroom home in the upscale Karns Community, offering 2300 sqft of spacious, open-concept living! This beautifully maintained property features new appliances, a bonus room, and tons of extra storage, making it perfect for families of all sizes. Enjoy the privately fenced backyard from your screened-in sunroom or take advantage of the community pool for summer fun. The home offers Quartz countertops, Venetian plaster walls, in-garage workshop, bedroom on main level, laundry on second level, tons of extra storage, and more. Located in a peaceful neighborhood, this home combines comfort with convenience in one of the area's most sought-after subdivisions. Don't miss out on this fantastic opportunity to live in style and enjoy all the perks of this welcoming community.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1999
  • Living Area: 2,200 SqFt

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 584-4000

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: No
  • Flooring Type: Laminate, Hardwood
  • Interior: Pantry, Walk-In Closet(s), Eat-in Kitchen
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Fence - Wood, Fenced - Yard, Patio, Porch - Covered, Porch - Screened, Deck, Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Attached, Side/Rear Entry

Lot Features

Lot Information:

  • Lot: Private, Level
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas, Electric
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Knoxville, take I-40 west toward Nashville; Use the 2nd from right lane to take exit 383 for Weisgarber road; Use the right lane to turn right onto Old Weisgarber Rd; Use the middle lane to continue on Old Weisgarber Rd; Old Weisgarber Rd turns slightly right onto Plantation Pine Dr; Turn left onto Summitridge Ln; house is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $225/SqFt

HOA Fees:

  • Amount: $420
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,844
  • 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

5516 Summitridge Ln vs Knoxville

37 DAYS ON ROCKET

+2 Days

$495,000

+$115.5K More

$225/SqFt

+$12 More

KEY TAKEAWAY

This property is $115.5K more than the Median Sold Price and $12/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: #1282185

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 584-4000

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: 12/18/2024, 6:21:09 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

Oct 23, 2000Home Sold
$192,900

Tax History

YEARPROP. TAXASSESSMENT
2020$2,844$62,050
2019$2,843$62,050
2017$2,844$62,050

History based on county public records data.

Payment Calculator

$2,573

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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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-68084
5
/10

  • Amherst Elementary School

  • 5101 Schaad Rd

  • 1.17 miles

  • Public District Grades PK-5

school-card-donut-68085
4
/10

  • West Hills Elementary School

  • 409 Vanosdale Rd

  • 2.39 miles

  • Public District Grades PK-5

school-card-donut-68086
5
/10

  • Pleasant Ridge Elementary School

  • 3013 Walnoaks Rd

  • 2.55 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 $67,670. The majority of Knoxville, TN residents have income between $35k-100k annually. The most common type of family is 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 5516 Summitridge Ln

What is the listing price of this property?

The listing price of 5516 Summitridge Ln property is $495,000.

What type of property is this?

The property 5516 Summitridge Ln is a house located in Knoxville, Tennessee, 37921.

Is this property for sale now?

Active Listing: 5516 Summitridge 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 $2,844 (source: MLS/based on county public records data).

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

The last sale was on October 23, 2000 for $192,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5516 Summitridge Ln has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5516 Summitridge Ln is 2,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5516 Summitridge Ln is 1999.

Rocket Homes›Tennessee›Knox County›Knoxville›37921›5516 Summitridge Ln

This home is located at 5516 Summitridge Ln in Knoxville, TN and zip code 37921 in the Seven Springs neighborhood. This 2,200 square foot home, which was built in 1999, sits on a 0.23 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $495,000.

Over 73 listings were sold over their listed price in November 2024 in Knoxville, TN. In the same period over 222 listings were sold below the listed price and 91 listings were sold for the listed price. The inventory of homes for sale in Knoxville, TN between October 2024 and November 2024 decreased by 7.8%. The median list price of listings available in November 2024 was $379,453, while the average time on the real estate market was 35 days.

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

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