2 months on rocket

5518 Melstone Rd, Knoxville, TN, 37912

$399,900

Home List Price

$4,749*

Closing Credit

3 Bedrooms
2 Full Baths
1,923 SqFt
$208/SqFt
House

Location

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5518 Melstone Rd, Knoxville$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingDetached
Garage2 spaces
Year Built1965
HeatingCentral, Heat Pump, Electric
CoolingCentral Air, Ceiling Fan(s)
WaterfrontCreek
FireplaceOther, Brick, Wood Burning
MLS #1279471
Lot Size0.55 Acres
StatusActive

About 5518 Melstone Rd

Modern one level brick home located on a level lot. You do not want to miss the updated home in a convenient location. The kitchen has a modern open feel with updated cabinets, countertops, and appliances. Extra cabinets and countertop space was added to provide plenty of room. Directly off the kitchen is a large family room that has a brick fireplace. It offers a great space for entertaining larger groups or hosting family events. The family room could also be a great office, media room, or workout room. There is an oversized laundry room off from the bonus room. In the bathrooms you will notice the updated vanities and updated tile work. All the bedrooms have hardwood floors. In the fenced backyard is a large deck with a private feel. There is also a detached two car garage with electricity at the back of the home that would be great for a workshop or for extra storage. Call to schedule a showing today. You do not want this home to get away.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1965
  • Living Area: 1,923 SqFt

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 688-3232

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: No
  • Flooring Type: Hardwood, Tile
  • Interior: Eat-in Kitchen
  • Fireplace: Other, Brick, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Creek
  • Exterior: Windows - Insulated, Fenced - Yard, Porch - Covered, Fence - Chain, Deck, Cable Available (TV Only)

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Detached

Lot Features

Lot Information:

  • Lot: Creek, Level
  • Lot Size: 0.55 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump, Electric
  • Cooling: Central Air, Ceiling Fan(s)

Other

Directions Information:

  • Directions: I-75 North to Merchants Dr. Left onto Merchants Dr. Right onto Melstone. Home is on the Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $208/SqFt

Tax Information:

  • Annual Amount: $1,816
  • 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

5518 Melstone Rd vs Knoxville

64 DAYS ON ROCKET

+29 Days

$399,900

+$20.4K More

$208/SqFt

-$5 Less

KEY TAKEAWAY

This property is $20.4K more than the Median Sold Price and $5/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: #1279471

Listing Office:

  • Office Name: Realty Executives Associates
  • Office Phone: (865) 688-3232

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: 12/18/2024, 12:21:10 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

Jul 09, 2015Home Sold
$154,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,816$39,625
2019$1,816$39,625
2017$1,816$39,625

History based on county public records data.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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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-4535267
4
/10

  • Norwood Elementary School

  • 1909 Merchant Dr

  • 0.29 miles

  • Public District Grades KG-5

school-card-donut-4535268
5
/10

  • Pleasant Ridge Elementary School

  • 3013 Walnoaks Rd

  • 0.81 miles

  • Public District Grades PK-5

school-card-donut-4535269
4
/10

  • West Haven Elementary School

  • 3620 Sisk Rd

  • 1.21 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 $44,577. Typical income of Knoxville, TN residents is between $35k-100k annually. Residents typically live in single, no kids family. 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 5518 Melstone Rd

What is the listing price of this property?

The listing price of 5518 Melstone Rd property is $399,900.

What type of property is this?

The property 5518 Melstone Rd is a house located in Knoxville, Tennessee, 37912.

Is this property for sale now?

Active Listing: 5518 Melstone Rd 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 $1,816 (source: MLS/based on county public records data).

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

The last sale was on July 9, 2015 for $154,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5518 Melstone Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5518 Melstone Rd is 1,923 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5518 Melstone Rd is 1965.

Rocket Homes›Tennessee›Knox County›Knoxville›37912›5518 Melstone Rd

This home is located at 5518 Melstone Rd in Knoxville, TN and zip code 37912 in the Norwood Heights neighborhood. This 1,923 square foot home, which was built in 1965, sits on a 0.55 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $399,900.

In November 2024, from all listings sold in Knoxville, TN there were more than 73 sold above asking price, over 222 sold below and more than 91 were sold right at the asked price. Between October 2024 and November 2024, Knoxville, TN real estate market has seen decrease in the number of listings by 7.8%. While the average time on the market in November 2024 was 35 days, the median list price was $379,453.

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

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