865 Real Estate

East Tennessee Real Estate & Neighborhood Source

UNDER CONTRACT! Cute & Convenient in Clinton, TN – Only $115,000!

By


UNDER CONTRACT IN 1 DAY WITH MULTIPLE OFFERS! Home for sale located at 301 Edgewood Avenue, Clinton, TN 37716. Offered at $115,000! The super convenient location is walking distance to downtown Clinton. This dollhouse features three bedrooms, one bath, hardwood floors, an updated kitchen with stainless steel appliances, and a flat, fenced backyard with two storage buildings. This would be a wonderful home for a first time home buyer as it has been well maintained, has a newer HVAC, and is also eligible for 100% financing! Be sure to watch the LIVE video tour that walks you through the home. Schedule your showing today as this super cute home is sure to sell fast!

For more information or to schedule a private showing contact Troy Stavros with CornerStone Realty Associates at 865-999-0925 directly or through the office at 888-388-DOOR xt.707.

301 Edgewood Ave, Clinton, TN 37716

$128,500
Property Type: Single Family Bedrooms: 3 Square Footage: 1,058 Status: Closed
Current Price: $128,500 List Date: 5/23/2019 Last Modified: 12/21/2023

Overview

Description

The super convenient location is walking distance to downtown Clinton. This dollhouse features three bedrooms, one bath, hardwood floors, an updated kitchen with stainless steel appliances, and a flat, fenced backyard with two storage buildings. This would be a wonderful home for a first time home buyer as it has been well maintained, has a newer HVAC, and is also eligible for 100% financing! Be sure to watch the LIVE video tour that walks you through the home. Schedule your showing today as this super cute home is sure to sell fast!

Listing Details MLS# 1081232

Location Tax Legal Info

House #
301
Street Name
Edgewood
St Suffix
Ave
State/Province
TN
Zip Code
37716
PIN #
074j C 047.00

Contract Info

Auction Y/N
No
Listing Price
115000

General Property Description

Type
Ranch
Site Built
Yes
Restrictions
No
SqFt - Total (Aprox)
1058
SqFt - Main Lvl
1058
# Bedrooms
3
Baths - Full
Yes
# of Rooms
6
Fireplace
No
Property Status
N/A
HOA
No
Year Built
1943
Bonus Room
No
SqFt - Down Lvl
0
SqFt - 2nd Flr Lvl
0
SqFt - 3rd Flr Lvl
0
# Fireplace
0
Basement
No

Status Change Info

Status Change Date
2019-07-18
Under Contract Date
2019-05-24
Sold Date
2019-07-18

Sewer

Sewer Info
UTILITY

Water

Water Info
UTILITY

More Information

Location, Tax & Legal Info

Area
Anderson County - 30
Property Sub-Type
Residential
Community
Clinton
City/County Code
City Limits
Total Tax
691.69

Remarks & Misc

Directions
HWY 25 to Edgewood Avenue (beside Walgreens and across from Rusty Wallace Chevrolet) continue approximately 3/10 of a mile. Home on right. Sign in yard.
Public Remarks
The super convenient location is walking distance to downtown Clinton. This dollhouse features three bedrooms, one bath, hardwood floors, an updated kitchen with stainless steel appliances, and a flat, fenced backyard with two storage buildings. This would be a wonderful home for a first time home buyer as it has been well maintained, has a newer HVAC, and is also eligible for 100% financing! Be sure to watch the LIVE video tour that walks you through the home. Schedule your showing today as this super cute home is sure to sell fast!

Fencing

Fenced Yard
Yes
Privacy
Yes
Wood
Yes

Atchd/Dtchd Type

Detached
Yes

Style

Cottage
Yes
Traditional
Yes

Construction

Frame
Yes

Siding

Vinyl
Yes

Fireplace

None
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes

Floors

Hardwood
Yes
Tile
Yes

Garage/Parking

Carport Spaces
1
Main Level
Yes

Basement

Crawl Space
Yes

Lot Description

Level
Yes

Fuel

Electric
Yes
Gas (Natural)
Yes

Heat

Central
Yes
Forced Air
Yes

Dining Area

Kitchen/Dining Rm Co
Yes

Appliances

Dishwasher
Yes
Disposal
Yes
Gas Stove
Yes
Microwave
Yes
Range
Yes
Self Cleaning Oven
Yes
Smoke Detector
Yes

Other Rooms

Bedroom Main Level
Yes
Extra Storage
Yes
Family Room
Yes
Laundry/Utility
Yes
Mstr Bdrm Main Level
Yes

Exterior Features

Deck
Yes
Porch - Covered
Yes
Windows - Insulated
Yes

Misc Features

Internet Available
Yes
Washer/Dryer Connect
Yes

Outbuildings

Storage Shed
Yes

New Financing

Cash
Yes
Conventional
Yes
FHA
Yes
New Loan
Yes
USDA/Rural
Yes
VA Loan
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Cottage; Traditional Construction: Frame Siding: Vinyl Basement: Crawl Space Lot Description: Level Fireplace: None Floors: Hardwood; Tile Fuel: Electric; Gas (Natural) Heat: Central; Forced Air Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Disposal; Gas Stove; Microwave; Range; Self Cleaning Oven; Smoke Detector Other Rooms: Bedroom Main Level; Extra Storage; Family Room; Laundry/Utility; Mstr Bdrm Main Level Misc Features: Internet Available; Washer/Dryer Connect Exterior Features: Deck; Porch - Covered; Windows - Insulated Fencing: Fenced Yard; Privacy; Wood Outbuildings: Storage Shed Dining Area: Kitchen/Dining Rm Co Showing: See Agent Instructns New Financing: Cash; Conventional; FHA; New Loan; USDA/Rural; VA Loan

Room Information

Room Name Room Level
Family Room Main
Kitchen Main
Eat In Breakfast Area Main
Master Bedroom Main
Bedroom 2 Main
Bedroom 3 Main
Utility Room Main
Bathroom Main
IDX
Listing Office: Doorbell Real Estate
Last Updated: December - 21 - 2023
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, 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.
Search powered by FBS Products

A Tale Of 2 Knoxville Real Estate Markets: Luxury vs. Starter/Trade-Up

By

A Tale of Two Markets [INFOGRAPHIC] | MyKCM

Some Highlights:

  • An emerging trend in Knoxville for some time now has been the difference between available inventory and demand in the premium and luxury markets and that in the starter and trade-up markets and what those differences are doing to prices!
  • Inventory in Knoxville continues to rise in the luxury and premium home markets which is causing prices to cool.
  • Demand continues to rise with lower-than-normal inventory levels in the starter and trade-up home markets, causing prices to rise on a year-over-year basis for 85 consecutive months.

How Fast Can You Save For A Downpayment? You Might Be Surprised!

By

How Quickly Can You Save Your Down Payment? | MyKCM

Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long it would take to save for a down payment in each state.

Using data from HUD, Census and Apartment List, we determined how long it would take, nationwide, for a first-time buyer to save enough money for a down payment on their dream home. There is a long-standing ‘rule’ that a household should not pay more than 28% of their income on their monthly housing expense.

By determining the percentage of income spent renting in each state, and the amount needed for a 10% down payment, we were able to establish how long (in years) it would take for an average resident to save enough money to buy a home of their own.

According to the data, residents in Kansas can save for a down payment the quickest, doing so in just over 1 year (1.12). Below is a map that was created using the data for each state:

How Quickly Can You Save Your Down Payment? | MyKCM

What if you only needed to save 3%?

What if you were able to take advantage of one of Freddie Mac’s or Fannie Mae’s 3%-down programs? Suddenly, saving for a down payment no longer takes 2 to 5 years, but becomes possible in less than a year in most states, as shown on the map below.

How Quickly Can You Save Your Down Payment? | MyKCM

Bottom Line

Whether you have just begun to save for a down payment or have been saving for years, you may be closer to your dream home than you think! Let’s get together to help you evaluate your ability to buy today.  Call Troy Stavros with CornerStone Realty Associates at 865-999-0925

Top 5 Reasons Why Millennials Choose To Buy a Home [INFOGRAPHIC]

By

More and more Millennials in Knoxville are choosing homeownership. In fact, they have quickly become the #1 generation for purchasing homes, as far as volume. The following infographic explains why homeownership is so important to them:

5 Reasons Why Millennials Buy a Home [INFOGRAPHIC] | MyKCM

Ready to start the process of getting into your own home or ready to move to something different? Call me, Troy Stavros with CornerStone Realty Associates today at 865-999-0925 and let’s start formulating a plan.

Are These Low Mortgage Interest Rates Here To Stay?

By

Are Low Interest Rates Here to Stay? | MyKCM

Interest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week!

This is great news for anyone who is planning on buying a home in Knoxville this spring! Freddie Mac had this to say,

“Mortgage interest rates have been steadily declining since the start of 2019. These lower mortgage interest rates combined with a strong labor market should attract prospective homebuyers this spring and could help the housing sector regain its momentum later in the year.”

To put the low rates in perspective, the average for 2018 was 4.6%! The chart below shows the recent drop, and also shows where the experts at Freddie Mac believe rates will be by the end of 2019.

Are Low Interest Rates Here to Stay? | MyKCM

Bottom Line

If you plan on buying a home in Knoxville this year, let’s get together to start your home search to ensure you can lock in these historically low rates today! Contact me, Troy Stavros with CornerStone Realty Associates at 865-999-0925 via call or text.

Why Now Is A Good Time To Sell A Home In Knoxville

By

Homeowners: Now Is A Good Time To Sell Your House | MyKCM

Every month, the National Association of Realtors (NAR) releases their Seller Traffic Index as a part of their Realtors Confidence Index. In the latest release, NAR reported that homeowners have been reluctant to sell their houses. This is reflected when broken down by state. Only 11 states have a stable level of seller traffic compared to the remainder of the country, which came in with a weak rating.

As we can see in the following table, the number of people who moved last year is half of what the rate was in the 1980s.

Homeowners: Now Is A Good Time To Sell Your House | MyKCM

This does not come as a surprise, as tenure length (the number of years someone owns a home before moving again) among existing homeowners has increased. It has risen from an average of 6 years from 1985 to 2008, up to 9.5 years over the last few years. This is shown in the graph below:

Homeowners: Now Is A Good Time To Sell Your House | MyKCM

As we can see, there is a pent-up seller demand!

What led to this change in behavior? Falling prices during the housing crisis led to many homeowners having negative equity in their home, meaning they owed more on their mortgage than the home was worth. Others were able to secure a low interest rate on their mortgage and have not been quick to obtain a new mortgage with a higher rate.

Will this trend continue?

Recently NAR reported that “69% of people believe now is a good time to sell a home.”

With a strong economy, low interest rates, and wages continuing to rise, some homeowners will be ready to put their house on the market and move up to the home of their dreams!

Bottom Line

There is a great opportunity for sellers to take advantage of the current real estate market before new inventory comes to market. If you are considering selling your house or would like to know your options, let’s get together today to help you understand the possibilities available to you! Contact me, Troy Stavros with CornerStone Realty Associates at 865-999-0925.