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Sold for $860,000
  • $860,000

    315 N Castle St, Knoxville, TN 37914

    2beds
    1baths
    10,380sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $1,106,800 Zestimate®
    $83/sqft
    $1,233 Estimated rent

    Home value

    $1,106,800

    $852,000 - $1.42M

    $1,233/mo

    Zestimate® history
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    What's special

    This property presents an exceptional investment opportunity only 3 miles from Downtown Knoxville and the Old City shops and restaurants, as well as minutes from UTK campus. It is 1.2 miles from the under construction downtown Sports and Entertainment Stadium to be completed 2025. This venue will host the Tennessee Smokies Baseball, One Knoxville SC Soccer, concerts, festivals and other special events only adding to the draw of Downtown social events and UT sports. The property offers urban convenience and prime real estate potential. The investment consists of 12 apartment units, each featuring 2 bedrooms and 1 bathroom. In the past year, significant maintenance updates and renovations have been carried out, and the property is at 90% occupancy, with one unit used for storage. Located in the heart of East Knoxville, the complex is centrally located to many activities for all ages. This property is ideal for investors looking to expand their portfolio, offering exceptional potential and flexibility for a rewarding investment. The listing emphasizes the property's strategic location, recent improvements as key selling points, positioning it as an attractive opportunity in a growing area of Knoxville.

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian K Patty 865-254-4668,

    The Ferguson Company,

    Dave Corum 865-250-6063,

    The Ferguson Company

    Bought with:

    Jose L Diaz, 368472

    Crye-Leike Realtors South, Inc.

    Source: East Tennessee Realtors,MLS#: 1272054MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    Heating
    • Ceiling, Baseboard, Space Heater, Electric
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Range, Refrigerator
    Features
    • Flooring: Hardwood, Vinyl
    • Windows: Aluminum Frames
    Interior area
    • Total structure area: 10,380
    • Total interior livable area: 10,380 sqft

    Property

    Parking
    • Parking features: On Premise Parking
    Lot
    • Size: 0.36 Acres
    • Dimensions: 118.8 x 153.3 x IRR
    Details
    • Parcel number: 082FD009

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Year built: 1950

    Community & HOA

    Community
    • Subdivision: Lake Park Springs
    Location
    • Region: Knoxville

    Financial & listing details

    • Price per square foot: $83/sqft
    • Tax assessed value: $320,500
    • Annual tax amount: $1,992
    • Date on market: 8/6/2024
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/31/2024Sold$860,000+1.2%$83/sqft
    Source: East Tennessee Realtors #1272054 Report a problem
    8/11/2024Pending sale$850,000$82/sqft
    Source: East Tennessee Realtors #1272054 Report a problem
    8/6/2024Listed for sale$850,000+232%$82/sqft
    Source: East Tennessee Realtors #1272054 Report a problem
    7/23/2008Sold$256,000+10.9%$25/sqft
    Source: Public Record Report a problem
    11/14/2003Sold$230,854-3.8%$22/sqft
    Source: Public Record Report a problem
    4/28/2000Sold$240,000$23/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,992 $128,200
    2024$1,992 $128,200
    2023$1,992 $128,200
    2022$1,992 +1.4%$128,200 +38.4%
    2021$1,964 $92,640 -60%
    2020$1,964 $231,600
    2019$1,964 $231,600
    2018$1,964 -53.7%--
    2017$4,246 -5.2%$57,900
    2016$4,480 --
    2015$4,480 --
    2014$4,480 +7.2%--
    2013$4,179 +89.8%--
    2012$2,201 --
    2011$2,201 $93,280
    2010$2,201 $93,280
    2009$2,201 -15.6%$93,280 -3.8%
    2008$2,609 +60%$97,000 +60%
    2007$1,631 $60,625
    2006$1,631 $60,625
    2005$1,631 -9%$60,625 +0.2%
    2004$1,792 $60,525
    2003$1,792 $60,525
    2002-- $60,525
    2001-- $60,525 +46.3%
    2000-- $41,375
    Find assessor info on the county website

    Neighborhood: Park City

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Sarah M Greene/Magnet
    • Middle: Vine/Magnet
    • High: Austin East/Magnet

    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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