520 Polk St, Knoxville, TN 37917

$495,000
Property Type: Multi-Family Square Footage: 2,171 Lot Size (sq. ft.): 6,686 Status: Closed
Current Price: $482,500 List Date: 6/07/2022 Last Modified: 7/06/2022

Description

Rare opportunity to own a small compound in Downtown Knoxville just minutes from The University of Tennessee and less than a mile from the proposed Smokies Baseball Stadium. Located in the historic neighborhood of Parkridge, both homes have been fully rebuilt and permitted through the City of Knoxville to the 2018 building code. The front house features 3 beds with 2 baths while the back house features 2 beds with 1 bath. Both homes feature all new utilities metered separately,, separate 2-car concrete driveways and thoughtfully designed exterior to provide each home a private fenced-in oasis. Additional upgrades include: New Pella Windows, Tankless Gas Water Heaters, High Efficiency Gas Furnaces & Central Air, New CertainTeed Roof, Tiled Walk-in Showers & so much more.

More Information MLS# 1194281

Location, Tax & Legal Info

House #: 520 Street Name: Polk St Suffix: St State/Province: TN Zip Code: 37917 Area: Knox County - 1 City/County Code: City Limits PIN #: 082OB012 Subdivision: Parkridge Total Tax: 953.43 Geo Lat: 35.982365 Geo Lon: -83.903323

Contract Info

Auction Y/N: No Listing Price: 495000 Current Price: $482,500 Status: Closed Listing Date: 2022-06-06 Cooperation Comp: 2.4 Compensation Type: %

General Property Description

SqFt - Total (Aprox): 2171 Lot Dimensions: 50 X 116 X IRR Lot Size SqFt: 6686 Number of Units: 2 Year Built: 1930 Property Status: N/A Restrictions: Yes Driveway: 2 Driveways Lease Information: Current owner is in the process of getting both units leased.

Remarks & Misc

Directions: Turn off Magnolia onto Olive St. Turn onto Woodbine Ave Public Remarks: Rare opportunity to own a small compound in Downtown Knoxville just minutes from The University of Tennessee and less than a mile from the proposed Smokies Baseball Stadium. Located in the historic neighborhood of Parkridge, both homes have been fully rebuilt and permitted through the City of Knoxville to the 2018 building code. The front house features 3 beds with 2 baths while the back house features 2 beds with 1 bath. Both homes feature all new utilities metered separately,, separate 2-car concrete driveways and thoughtfully designed exterior to provide each home a private fenced-in oasis. Additional upgrades include: New Pella Windows, Tankless Gas Water Heaters, High Efficiency Gas Furnaces & Central Air, New CertainTeed Roof, Tiled Walk-in Showers & so much more.

Status Change Info

Status Change Date: 2022-07-06 Under Contract Date: 2022-06-22 Sold Date: 2022-07-05 Sold Price: $482,500

Property Features

Property Sub-Type: Other Type of Units: 2 Bedroom Unit; 3 or more Bdrm Units; Unfurnished Sale Includes: Building Only Floors: Carpet; Vinyl Fuel: Electric; Gas (Natural) Heat: Central Cooling: Central Cooling Appliances: Dishwasher; Range; Self Cleaning Oven; Tankless Wtr Htr Construction: Frame; Frame - Brick Roof: Shingle Siding: Vinyl Garage/Parking: Off-Street Parking; On Premise Parking; Side/Rear Entry Exterior Features: Fence - Privacy; Patio; Prof Landscaped; Windows - Vinyl Misc Features: Internet Available; Walk-in Shower; Washer/Dryer Connect Other Rooms: Addl Living Quarter; Bedroom Main Level; Mstr Bdrm Main Level; Split Bedroom Miscellaneous: Washer/Dryer Cnctns New Financing: Cash Showing: See Agent Instructns
Listing Office: Realty Executive Associates Downtown
Office Phone: 865-347-2482
Last Updated: July - 06 - 2022
520 Polk St, Knoxville, TN 37917- MLS# 1194281
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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