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  • $268,000

    3316 Lay Ave, Knoxville, TN 37914

    3beds
    1,484sqft
    Single Family Residence, Residential
    Built in 1971
    0.27 Acres Lot
    $272,000 Zestimate®
    $181/sqft
    $1,789 Estimated rent

    Home value

    $272,000

    $258,000 - $286,000

    $1,789/mo

    Zestimate® history
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    What's special

    Just REDUCED to $268,000! PLUS, Sellers will consider up to $3,000 toward buyer closing costs with an acceptable offer —don't miss this opportunity! This adorable basement rancher is nestled in the downtown Knoxville area. This delightful home boasts an array of fresh updates and thoughtful features that make it truly special. Enjoy peace of mind with a sturdy, BRAND NEW ROOF and new gutters. The newly finished basement is enhanced with custom shelving, cabinets, bookcases, a dedicated craft area and a handy utility sink—perfect for hobbies and storage. The kitchen has been updated with painted cabinets and an added pantry area. Custom-built cabinets in the living room add style and functionality, offering ample storage. A cozy bench paired with shelving in the quaint dining room creates an inviting place to congregate and a cute coffee nook. Newly built pergola and patio off the basement entrance—serenity at its finest. This thoughtfully designed outdoor space offers the perfect retreat for relaxation and entertaining alike. Refreshed front and back landscaping - check out the garden areas in the back. Fresh paint throughout most of the interior adds a clean, updated look, and added shelving in the hall closet maximizes organization. A new vent with a humidity sensor in the full bathroom ensures optimal comfort. A door has been added to the unfinished area in the basement, along with shelving, providing additional storage. This home is a wonderful blend of original charm and functional updates. Don't miss the opportunity to make this beautifully refreshed basement rancher your own! The new roof is shingle with a transferrable warranty to the buyer(s) - labor is for 2 years and the shingles themselves are for 15 years.

    Zillow last checked:

    Listing updated:

    Listed by:

    Katie Ridgway 865-588-3232,

    Realty Executives Associates,

    Kris Buitenhek,

    Realty Executives Associates

    Bought with:

    Chris Kilby, 358805

    Blevins Grp, Realty Executives

    Chasitey Kyle Shaver, 353782

    Blevins Grp, Realty Executives

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3101523MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Range
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Pantry
    • Flooring: Vinyl
    • Basement: Finished,Unfinished,Exterior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 1,484
    • Total interior livable area: 1,484 sqft
    • Finished area above ground: 1,108
    • Finished area below ground: 376

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Has view: Yes
    • View description: City
    Lot
    • Size: 0.27 Acres
    • Dimensions: 100 x 150 x IRR
    • Features: Other, Level, Rolling Slope
    • Topography: Other,Level,Rolling Slope
    Details
    • Parcel number: 082EJ002
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence, Residential
    Materials
    • Aluminum Siding, Frame, Other
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

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

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: Oakland Park Add Unit 3
    HOA
    • Has HOA: No
    Location
    • Region: Knoxville

    Financial & listing details

    • Price per square foot: $181/sqft
    • Tax assessed value: $186,500
    • Annual tax amount: $1,730
    • Date on market: 7/19/2025
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    9/29/2025Sold$268,000$181/sqft
    Source: RealTracs MLS as distributed by MLS GRID #3101523 Report a problem
    8/30/2025Pending sale$268,000$181/sqft
    Source: East Tennessee Realtors #1308791 Report a problem
    8/20/2025Price change$268,000-2.5%$181/sqft
    Source: East Tennessee Realtors #1308791 Report a problem
    8/14/2025Price change$275,000-1.8%$185/sqft
    Source: East Tennessee Realtors #1308791 Report a problem
    8/6/2025Price change$279,999-1.8%$189/sqft
    Source: East Tennessee Realtors #1308791 Report a problem
    7/19/2025Listed for sale$285,000+42.5%$192/sqft
    Source: East Tennessee Realtors #1308791 Report a problem
    1/19/2023Sold$200,000+0.1%$135/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2983095 Report a problem
    12/19/2022Pending sale$199,900$135/sqft
    Source: East Tennessee Realtors #1212041 Report a problem
    12/13/2022Listed for sale$199,900$135/sqft
    Source: East Tennessee Realtors #1212041 Report a problem
    12/6/2022Pending sale$199,900$135/sqft
    Source: East Tennessee Realtors #1212041 Report a problem
    11/17/2022Listed for sale$199,900+149.9%$135/sqft
    Source: East Tennessee Realtors #1212041 Report a problem
    8/23/2022Sold$80,000+33.6%$54/sqft
    Source: Public Record Report a problem
    9/11/2018Listing removed$59,900$40/sqft
    Source: Realty Executives Associates #1051220 Report a problem
    9/10/2018Listed for sale$59,900$40/sqft
    Source: Realty Executives Associates #1051220 Report a problem
    8/23/2018Pending sale$59,900$40/sqft
    Source: Realty Executives Associates #1051220 Report a problem
    7/31/2018Listed for sale$59,900+130.4%$40/sqft
    Source: Realty Executives Associates #1051220 Report a problem
    8/4/2000Sold$26,000-28.6%$18/sqft
    Source: Public Record Report a problem
    12/1/1999Sold$36,400-1.6%$25/sqft
    Source: Public Record Report a problem
    3/8/1996Sold$37,000+34.5%$25/sqft
    Source: Public Record Report a problem
    6/1/1995Sold$27,500$19/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$725 $46,625
    2024$725 $46,625
    2023$725 +117.1%$46,625 +117.1%
    2022$334 +61.4%$21,475 +120.3%
    2021$207 $9,750 -75%
    2020$207 $39,000
    2019$207 $39,000
    2018$207 -53.7%--
    2017$447 -15.1%$9,750
    2016$527 --
    2015$527 --
    2014$527 +7.1%--
    2013$492 +70.1%--
    2012$289 --
    2011$289 $12,250
    2010$289 $12,250
    2009$289 +15.6%$12,250 +31.7%
    2008$250 $9,300
    2007$250 $9,300
    2006$250 $9,300
    2005$250 -6.4%$9,300 +3%
    2004$267 $9,025
    2003$267 $9,025
    2002-- $9,025
    2001-- $9,025 +11.4%
    2000-- $8,100
    Find assessor info on the county website

    Neighborhood: 37914

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Spring Hill Elementary
    • Middle: Vine Middle/Magnet
    • High: Austin East High/Magnet

    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
    $272,000
    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
    $272,000