Charming Ranch with Finished Basement on 2.1 Acres in Fountain City!!
Welcome home to this beautifully updated ranch offering space, functionality, and versatility! Updates include new energy efficient windows, all replaced in the past two years, roof was replace within the past 5 years and all the plumbing was replaced with updated PVC and plex. Upstairs features 2 spacious bedrooms and 2 remodeled full baths, along with an inviting living room, cozy den with wood-burning fireplace, and a fully updated kitchen with new appliance package and a dining area- perfect for entertaining or everyday living. Plus an added 11x15 Metal Gazebo to enjoy outside on your 2.1 acres of land.
The fully finished basement expands your living options, complete with an additional bedroom, full bathroom, second kitchen, and living space- ideal for guests, in-laws, teenagers, or rental potential.
Enjoy the convenience of a double garage with extra storage, plus a covered carport. Nestled on 2.1 private acres in desirable Fountain City, this property offers both room to spread out and a location close to everything.
Don't miss this unique opportunity- schedule your showing today!
Sold for $500,000
$500,000
1501 Cedar Ln, Knoxville, TN 37918
3beds
2,517sqft
Single Family Residence
Built in 1958
2.1 Acres Lot
$504,200 Zestimate®
$199/sqft
$2,459 Estimated rent
Home value
$504,200
$474,000 - $534,000
$2,459/mo
Zestimate® history
Owner options
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$2,459/mo
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$2,459/mo
Rent Zestimate®
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$2,924/mo
Est. payment
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$2,924/mo
Est. payment
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List your homeWhat's special
Fully finished basementAdditional bedroomLiving spaceSecond kitchenFully updated kitchenCovered carportNew appliance package
Zillow last checked:
Listing updated:
Listed by:
Rebecca Claunch 901-301-4459,
Knoxville Real Estate Professionals, Inc.
Bought with:
John Seymour, 361571
eXp Realty, LLC
Source: East Tennessee Realtors,MLS#: 1308904
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
Rooms
- Room types: Bonus Room
Heating
- Central, Natural Gas, Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven
Features
- Pantry, Bonus Room
- Flooring: Laminate, Hardwood, Tile
- Windows: Windows - Vinyl, Insulated Windows, ENERGY STAR Qualified Windows
- Basement: Walk-Out Access,Finished,Bath/Stubbed
- Number of fireplaces: 1
- Fireplace features: Brick
Interior area
- Total structure area: 2,517
- Total interior livable area: 2,517 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Side, Off Street, Garage Door Opener, Attached, Carport, Basement
- Attached garage spaces: 2
- Has carport: Yes
Lot
- Size: 2.1 Acres
- Dimensions: 172.31 x 558.13 x IRR
- Features: Level, Rolling Slope
Details
- Additional structures: Storage
- Parcel number: 058PF013
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $199/sqft
- Tax assessed value: $371,100
- Annual tax amount: $1,442
- Date on market: 8/6/2025
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2025 | Sold | $500,000-3.8%$199/sqft |
Source:  East Tennessee Realtors #1308904 Report a problem | ||
| 8/20/2025 | Pending sale | $520,000$207/sqft |
Source: East Tennessee Realtors #1308904 Report a problem | ||
| 8/6/2025 | Listed for sale | $520,000$207/sqft |
Source: East Tennessee Realtors #1308904 Report a problem | ||
| 7/29/2025 | Pending sale | $520,000$207/sqft |
Source: East Tennessee Realtors #1308904 Report a problem | ||
| 7/18/2025 | Listed for sale | $520,000-0.9%$207/sqft |
Source: East Tennessee Realtors #1308904 Report a problem | ||
| 8/13/2024 | Listing removed | -- |
Source: East Tennessee Realtors #1267868 Report a problem | ||
| 7/19/2024 | Price change | $524,900-4.5%$209/sqft |
Source: East Tennessee Realtors #1267868 Report a problem | ||
| 6/28/2024 | Listed for sale | $549,900+85.8%$218/sqft |
Source: East Tennessee Realtors #1267868 Report a problem | ||
| 9/13/2021 | Sold | $296,000$118/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3076259 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,442 | $92,775 |
| 2024 | $1,442 +41.8% | $92,775 +41.8% |
| 2023 | $1,017 | $65,425 |
| 2022 | $1,017 -16.5% | $65,425 +13.9% |
| 2021 | $1,218 | $57,450 -75% |
| 2020 | $1,218 | $229,800 |
| 2019 | $1,218 | $229,800 |
| 2018 | $1,218 -53.7% | -- |
| 2017 | $2,633 +23.4% | $57,450 |
| 2016 | $2,133 | -- |
| 2015 | $2,133 | -- |
| 2014 | $2,133 +7.2% | -- |
| 2013 | $1,989 +22.5% | -- |
| 2012 | $1,624 | -- |
| 2011 | $1,624 | $33,700 |
| 2010 | $1,624 | $33,700 |
| 2009 | $1,624 -4.6% | $33,700 +8.9% |
| 2008 | $1,702 | $30,950 |
| 2007 | $1,702 | $30,950 |
| 2006 | $1,702 | $30,950 |
| 2005 | $1,702 +8.2% | $30,950 +18.2% |
| 2004 | $1,573 +6.2% | $26,175 |
| 2003 | $1,482 | $26,175 +0.7% |
| 2002 | -- | $26,000 |
| 2001 | -- | $26,000 +5.7% |
| 2000 | -- | $24,600 |
Find assessor info on the county website
Neighborhood: 37918
Nearby homes
- $---- bd-- ba-- sqft1309 Cedar Ln, Knoxville, TN 37918Off Market
- $364,0004 bd2 ba1.7k sqft1309 Cedar Ln #1, Knoxville, TN 37918Off Market
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- $299,3003 bd1 ba1.2k sqft1505 Cedar Ln, Knoxville, TN 37918Off Market
- $284,6002 bd1 ba1.2k sqft5000 Parkdale Rd, Knoxville, TN 37912Off Market
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Nearby schools
GreatSchools rating
- 7/10Sterchi Elementary SchoolGrades: K-5Distance: 0.6 mi
- 5/10Gresham Middle SchoolGrades: 6-8Distance: 1.3 mi
- 5/10Central High SchoolGrades: 9-12Distance: 2 mi
Schools provided by the listing agent
- Elementary: Sterchi
- Middle: Gresham
- High: Central
Source: East Tennessee Realtors. 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
$504,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$504,200
- Tennessee
- Knox County
- Knoxville
- 37918
- 1501 Cedar Ln
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