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  • $725,000

    2805 Gibbs Dr, Knoxville, TN 37918

    5beds
    5,191sqft
    Single Family Residence, Residential
    Built in 1924
    1.49 Acres Lot
    $-- Zestimate®
    $140/sqft
    $3,324 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $3,324/mo

    Zestimate® history
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    What's special

    Presenting a once-in-a-generation opportunity to own one of the most prestigious homes in Fountain City. The 1924 Dempster-Francis Mansion, located on a Dogwood Trail on beautiful Gibbs Drive, is a Fountain City landmark listed in the National Register of Historic Places. The former home of Knoxville mayor and inventor George Dempster has been restored to its original glory and updated for modern living. Prominently located on two lots with 1.49 acres, its Neoclassical design features a gracious front porch, porte-cochère, historic fountain and 4-car garage. Perfect for those seeking a prestigious home or high-profile location for a beautiful Bed and Breakfast. This spacious home features 5 bedrooms, 2 1/2 bathrooms, large modern kitchen, formal dining room, butler's pantry/breakfast room, sunroom, first floor office/family room, two gorgeous stone fireplaces, two staircases, original hardwood floors and woodwork, new windows, cedar-lined closets, stunning leaded glass entry, 2nd floor porch, beautifully landscaped and expansive grounds with irrigation system and a full walk-out basement with potential for additional living space. All kitchen appliances are included. The property is comprised of two lots, one with Broadway frontage. Seller is offering a $10,000 allowance for cosmetic updates and minor repairs. Buyer to verify square footage and all property details.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kim Trent 865-584-4000,

    Wallace

    Bought with:

    Laurence Eaton, 348252

    Connell Properties, Inc.

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2933141MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Dining room
    • Features: Formal
    • Level: Formal
    Other
    • Features: Breakfast Room
    • Level: Breakfast Room
    Other
    • Features: Florida Room
    • Level: Florida Room
    Heating
    • Central, Electric, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Flooring: Wood, Tile
    • Basement: Unfinished
    • Number of fireplaces: 2
    Interior area
    • Total structure area: 5,191
    • Total interior livable area: 5,191 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage Door Opener
    • Garage spaces: 4
    Features
    • Levels: Three Or More
    • Patio & porch: Deck
    • Exterior features: Balcony
    • Has view: Yes
    • View description: City
    Lot
    • Size: 1.49 Acres
    • Dimensions: 118.38 x 226.83 x IRR & 165.81 x 131.70 x IRR
    • Features: Corner Lot, Other
    • Topography: Corner Lot,Other
    Details
    • Parcel number: 058EJ012
    • Special conditions: Standard
    • Other equipment: Irrigation System

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence, Residential
    Materials
    • Stone, Other, Brick
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Utilities for property: Electricity Available, Natural Gas Available
    Green energy
    • Energy efficient items: Doors

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Gibbs And Maloneys Addition
    HOA
    • Amenities included: Sidewalks
    Location
    • Region: Knoxville

    Financial & listing details

    • Price per square foot: $140/sqft
    • Tax assessed value: $465,500
    • Annual tax amount: $4,725
    • Date on market: 12/12/2023
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    1/4/2024Sold$725,000-25.6%$140/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2933141 Report a problem
    12/12/2023Pending sale$975,000$188/sqft
    Source: East Tennessee Realtors #1243340 Report a problem
    11/17/2023Price change$975,000-2.4%$188/sqft
    Source: East Tennessee Realtors #1243340 Report a problem
    10/19/2023Listed for sale$999,000$192/sqft
    Source: East Tennessee Realtors #1243340 Report a problem
    10/17/2023Listing removed$999,000$192/sqft
    Source: East Tennessee Realtors #1221083 Report a problem
    6/1/2023Price change$999,000-9.2%$192/sqft
    Source: East Tennessee Realtors #1221083 Report a problem
    5/1/2023Price change$1,100,000-8.3%$212/sqft
    Source: East Tennessee Realtors #1221083 Report a problem
    3/29/2023Listed for sale$1,200,000+110.6%$231/sqft
    Source: East Tennessee Realtors #1221083 Report a problem
    7/2/2011Listing removed$569,900$110/sqft
    Source: Slyman Real Estate #746839 Report a problem
    6/3/2011Price change$569,900+1.8%$110/sqft
    Source: Slyman Real Estate #746839 Report a problem
    5/31/2011Price change$559,900-1.8%$108/sqft
    Source: Slyman Real Estate #746839 Report a problem
    2/14/2011Price change$569,900-1.7%$110/sqft
    Source: Slyman Real Estate #746839 Report a problem
    12/30/2010Listed for sale$579,900$112/sqft
    Source: Coldwell Banker Wallace & Wallace #669286 Report a problem
    11/17/2010Listing removed$579,900$112/sqft
    Source: Coldwell Banker Wallace & Wallace #669286 Report a problem
    4/29/2010Price change$579,900-3.3%$112/sqft
    Source: Coldwell Banker Wallace & Wallace #669286 Report a problem
    4/26/2010Price change$599,900+3.4%$116/sqft
    Source: Coldwell Banker Wallace & Wallace #669286 Report a problem
    4/18/2010Price change$579,900-3.3%$112/sqft
    Source: Coldwell Banker Wallace & Wallace #669286 Report a problem
    10/13/2009Price change$599,900-3.2%$116/sqft
    Source: Wallace & Wallace, Realtors #669286 Report a problem
    6/22/2009Listed for sale$619,900$119/sqft
    Source: Coldwell Banker Wallace & Wallace #669286 Report a problem
    3/29/2009Listing removed$619,900$119/sqft
    Source: NCI #606850 Report a problem
    1/13/2009Listed for sale$619,900+163.8%$119/sqft
    Source: NCI #606850 Report a problem
    8/14/2001Sold$235,000$45/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2017$5,334 +0.2%$116,375
    2016$5,322 --
    2015$5,322 --
    2014$5,322 +7.2%--
    2013$4,963 +31.9%--
    2012$3,763 --
    2011$3,763 $78,075
    2010$3,763 $78,075
    2009$3,763 +10.8%$78,075 +26.4%
    2008$3,396 $61,750
    2007$3,396 $61,750
    2006$3,396 $61,750
    2005$3,396 +3.1%$61,750 +12.6%
    2004$3,295 +12.8%$54,825 +6.2%
    2003$2,922 $51,625
    2002-- $51,625
    2001-- $51,625 +16.4%
    2000-- $44,350
    Find assessor info on the county website

    Neighborhood: 37918

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fountain City Elementary
    • Middle: Gresham Middle School
    • High: Central High School

    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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