3 months on rocket

8522 Madrid Ct Unit 84, Knoxville, TN, 37923

$224,900

Home List Price

$2,671*

Closing Credit

2 Bedrooms
2 Full Baths
1,360 SqFt
$165/SqFt
Condo

Location

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8522 Madrid Ct Unit 84, Knoxville$224,900

Buyer Closing Credits

$2,671*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingDesignated Parking, Main Level
Year Built1975
HeatingCentral, Forced Air, Heat Pump, Electric
CoolingCentral Air
FireplaceNone
MLS #1274851
Lot Size0.01 Acres
StatusActive

About 8522 Madrid Ct Unit 84

Just like living in the tree tops, this 3rd floor unit in the beautiful Palisades is well appointed with spacious bedrooms and closets, very open living and dining area that is large enough for most any furniture placement, and over-sized front patio. Refrigerator, washer and dryer are included in the sale of this unit. This one is move-in ready!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1975
  • Living Area: 1,360 SqFt

Listing Office:

  • Office Name: The Dwight Price Group Realty Executives Associates
  • Office Phone: (865) 888-7653

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Tile
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Patio, Porch - Covered

Parking Information:

  • Attached Garage: No
  • Parking: Designated Parking, Main Level

Lot Features

Lot Information:

  • Lot: Level, Rolling/Hilly
  • Lot Size: 0.01 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air, Heat Pump, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I40 W to left on Gallaher View Rd. Drive a little over a 1/2 mile and turn Right on Gleason Dr. Turn Left on Rain Forest Dr, Left on Canberra and Left on Madrid. Unit numbers are on the building. Look for Unit 84 (3rd Floor). If using GPS input 84 Madrid Ct., Knoxville, TN 37923

Price Information

Listing Price Info

Price Summary:

  • List Price: $224,900
  • Price Per SqFt: $165/SqFt

HOA Fees:

  • Amount: $192
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Knoxville, TN.

Med. Sold Price

$379.4K

Med. Price/SqFt

$213

Avg. Days On Market

35

# of Sold Homes

389

8522 Madrid Ct Unit 84 vs Knoxville

109 DAYS ON ROCKET

+74 Days

$224,900

-$154.5K Less

$165/SqFt

-$48 Less

KEY TAKEAWAY

This property is $154.5K less than the Median Sold Price and $48/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: #1274851

Listing Office:

  • Office Name: The Dwight Price Group Realty Executives Associates
  • Office Phone: (865) 888-7653

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: 12/17/2024, 8:21:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,382

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$741

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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-4234751
4
/10
  • West Hills Elementary School

  • 409 Vanosdale Rd

  • 1.82 miles

  • Public District Grades PK-5

school-card-donut-4234752
8
/10
  • Rocky Hill Elementary School

  • 1200 Morrell Rd

  • 2.05 miles

  • Public District Grades KG-5

school-card-donut-4234753
5
/10
  • Cedar Bluff Elementary School

  • 705 N Cedar Bluff Rd

  • 2.43 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $59,680. Most Knoxville, TN residents have annual incomes between $35k-100k. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8522 Madrid Ct Unit 84

What is the listing price of this property?

The listing price of 8522 Madrid Ct Unit 84 property is $224,900.

What type of property is this?

The property 8522 Madrid Ct Unit 84 is a condo located in Knoxville, Tennessee, 37923.

Is this property for sale now?

Active Listing: 8522 Madrid Ct Unit 84 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 8522 Madrid Ct Unit 84 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8522 Madrid Ct Unit 84 is 1,360 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8522 Madrid Ct Unit 84 is 1975.

Rocket HomesTennesseeKnox CountyKnoxville379238522 Madrid Ct Unit 84

This home is located at 8522 Madrid Ct Unit 84 in Knoxville, TN and zip code 37923 in the The Palisades neighborhood. This 1,360 square foot home, which was built in 1975, sits on a 0.01 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 30, 2024 and is currently priced at $224,900.

While more than 73 listings in Knoxville, TN in November 2024 were sold above asking price, there were more than 91 listings sold at asking price, and more than 222 were sold below. The number of listings in Knoxville, TN decreased by 7.8% between October 2024 and November 2024. 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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