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    • $499,900

    1116 Rain Tree Rd, Knoxville, TN 37923

    3beds
    2,563sqft
    Single Family Residence, Residential
    Built in 1978
    0.41 Acres Lot
    $501,500 Zestimate®
    $195/sqft
    $2,738 Estimated rent

    Home value

    $501,500

    $476,000 - $527,000

    $2,738/mo

    Zestimate® history
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    What's special

    Discover timeless appeal and exceptional livability at 1116 Rain Tree Rd, a beautifully maintained basement rancher ideally situated on a large, mature lot and zoned for some of the county's top schools. Offering over 2,500 square feet, this 3-bedroom, 3-bath home delivers the perfect balance of space, functionality, and classic charm. The main level welcomes you with warm, inviting interiors and a thoughtfully designed layout suited for both everyday living and effortless entertaining. Highlights include solid hardwood flooring, granite countertops, a main-level primary suite, and two fireplaces that add comfort and character throughout the home. Downstairs, the finished basement expands your living space with a spacious recreation and family room, complete with a second fireplace--perfect for movie nights, game days, or multi-generational living. Step outside to enjoy an expansive back deck and patio, ideal for entertaining, grilling, or simply relaxing while overlooking the peaceful, tree-lined backyard. The mature landscaping enhances both privacy and natural beauty, creating a serene outdoor retreat. Additional features include excellent garage storage with ample room for tools, hobbies, and organization. With its generous square footage, desirable layout, and exceptional indoor and outdoor living spaces, this home presents a rare opportunity in today's market.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tyler Fogarty 865-588-3232,

    Realty Executives Associates

    Bought with:

    Ray Gaudet, 306599

    Realty Executives Associates

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3216036MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Dining room
    • Features: Formal
    • Level: Formal
    Kitchen
    • Features: Pantry
    • Level: Pantry
    Other
    • Features: Utility Room
    • Level: Utility Room
    Heating
    • Central, Electric, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Oven
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Pantry
    • Flooring: Carpet, Wood, Tile
    • Basement: Finished,Exterior Entry
    • Number of fireplaces: 2
    • Fireplace features: Gas
    Interior area
    • Total structure area: 2,563
    • Total interior livable area: 2,563 sqft
    • Finished area above ground: 1,624
    • Finished area below ground: 939

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage Door Opener, Garage Faces Side
    • Garage spaces: 2
    Features
    • Levels: Two
    • Patio & porch: Deck, Patio, Porch, Covered
    Lot
    • Size: 0.41 Acres
    • Dimensions: 90M x 167.85 x IRR
    • Features: Level, Rolling Slope
    • Topography: Level,Rolling Slope
    Details
    • Parcel number: 118CC016
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Fiber Cement, Other, Brick
    Condition
    • New construction: No
    • Year built: 1978

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Available, Natural Gas Available, Water Available
    Green energy
    • Energy efficient items: Windows

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Heritage Woods
    HOA
    • Has HOA: Yes
    Location
    • Region: Knoxville

    Financial & listing details

    • Price per square foot: $195/sqft
    • Tax assessed value: $345,300
    • Annual tax amount: $1,341
    • Date on market: 4/9/2026
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    5/18/2026Sold$499,900$195/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3216036 Report a problem
    4/12/2026Pending sale$499,900$195/sqft
    Source: East Tennessee Realtors #1336058 Report a problem
    4/9/2026Listed for sale$499,900+41.8%$195/sqft
    Source: East Tennessee Realtors #1336058 Report a problem
    11/30/2020Sold$352,500+5.2%$138/sqft
    Source: East Tennessee Realtors #1133152 Report a problem
    10/19/2020Pending sale$335,000$131/sqft
    Source: Slyman Real Estate #1133152 Report a problem
    10/17/2020Listed for sale$335,000+46%$131/sqft
    Source: Slyman Real Estate #1133152 Report a problem
    12/6/2011Sold$229,500+70%$90/sqft
    Source: Public Record Report a problem
    1/30/2002Sold$135,000$53/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,341 $86,325
    2024$1,341 $86,325
    2023$1,341 $86,325
    2022$1,341 +13.5%$86,325 +54.8%
    2021$1,182 $55,775 -75%
    2020$1,182 $223,100
    2019$1,182 $223,100 +16.4%
    2018$1,182 $191,710 +243.7%
    2017$1,182 -4.1%$55,775
    2016$1,232 --
    2015$1,232 --
    2014$1,232 +0%--
    2013$1,232 -46.7%--
    2012$2,310 --
    2011$2,310 $47,925
    2010$2,310 $47,925
    2009$2,310 +13.7%$47,925 +29.7%
    2008$2,032 $36,950
    2007$2,032 $36,950
    2006$2,032 $36,950
    2005$2,032 +1.2%$36,950 +10.5%
    2004$2,009 +6.2%$33,425
    2003$1,892 $33,425
    2002-- $33,425
    2001-- $33,425 +12%
    2000-- $29,850
    Find assessor info on the county website

    Neighborhood: 37923

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cedar Bluff Elementary
    • Middle: Cedar Bluff Middle School
    • High: Hardin Valley Academy

    Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $501,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $501,500

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