8531 Troutman Lane $724,900

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    8531 Troutman Lane Knoxville, TN 37931

    • 10.60 Acres
    • Land
    • Listing# 1109311
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    Views: 19 Days On Market: 133

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    Property Details

    This large tract of land is conveniently located close to Middlebrook Pike and Ball Camp Pike. Large 10.6 acre tract of mostly level, cleared land with 50' easement coming in off Andes Rd, city sewer at 3 different locations adjoining the property making it perfect for development or someone wanting to create an estate with house and huge barn already on site with power and water. House is a sizable basement rancher with 2,137 square feet. Home needs remodeling and would be perfect for someone wanting an opportunity to flip. Property listed for more than $100,000 under recent appraisal value. Additional adjoining acreage available for purchase for those considering property for development.

    • General Features
      • Restrictions No
      • Subdivision Buckner & Byrd
    • Building Features
      • Easements Recorded R.O.W.
      • Present Structures Barn, Residence
    • Property Features
      • Acres 10.6
      • Improvements Septic Installed, Utilities on Site
      • Road Frontage County, Paved
      • Topography Level
      • Undeveloped Well
      • Utilities Available Cable TV, Electricity, Sewer, Telephone, Water
      • View Mountain View

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    Neighborhood

    37931 (Knoxville) Demographics

    38 Median Age
    960 Population Density (per sq. mile)
    50% College Educated
    $68,523 Estimated Median Income
    7,772 Estimated Total Home Owners
    3,145 Estimated Total Renters
    71% / 29% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    27,522 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $262,750 Median Sales Price
    64 Homes Sold
    65 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $724,900
        6/10/2020 7:23:55 PM Price Reduced Source New Value: $724,900 -3.35%
        2/28/2020 3:24:00 PM New in Database Source New Value: $750,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of the Knoxville Area Association of REALTORS® MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.