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Sold for $530,000
  • $530,000

    5000 Palace Ln, Knoxville, TN 37918

    3beds
    3,403sqft
    Single Family Residence
    Built in 1995
    10,454 Square Feet Lot
    $532,400 Zestimate®
    $156/sqft
    $2,587 Estimated rent

    Home value

    $532,400

    $506,000 - $559,000

    $2,587/mo

    Zestimate® history
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    What's special

    New replacement windowsMain level primary suiteLeisure loftNice storageWell-appointed kitchenBreakfast roomWide welcoming foyer
    --GREAT NEW PRICE-- OWNER SAYS 'SELL IT!' Make better what's already good with this splendid corner lot/ cul-de-sac offering. Handsome & strong, its all brick 2-story Southern design offers abundant ''space and grace'' and is ideal for kids/pets/ and active family living. Main Level Primary Suite, open flow Vaulted Great Room & adj. Dining Room - flanked by a wide, welcoming Foyer & Sitting Room/ Office. Well-appointed Kitchen with Breakfast Room/ Rear Deck & Screened Porch -- with breathtaking rear views of neighboring lush gardens. Upstairs presents two + spacious Bedrooms w/ shared Bath, Hobby Room (could be bedroom #4), Leisure Loft and nice storage. New replacement windows, recent HVAC, new Encapsulated Crawl Space, and more. Wonderful neighborhood (active HOA w/ hosted ice cream & social gatherings), close proximity to superior Shannondale Elementary School & prominent Fountain City Amenities. A few updates could make this property 'Dazzling!'. NOW PRICED WITH YOUR DREAMS IN MIND... [NOTE: $50k price reduction provides abundant room for Buyer updates].

    Zillow last checked:

    Listing updated:

    Listed by:

    Jon Brock,

    Realty Executives Associates

    Bought with:

    Jon Brock, 261677

    Realty Executives Associates

    Source: East Tennessee Realtors,MLS#: 1314613MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Bonus Room
    Heating
    • Central, Natural Gas, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Gas Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
    Features
    • Walk-In Closet(s), Cathedral Ceiling(s), Kitchen Island, Pantry, Eat-in Kitchen, Central Vacuum, Bonus Room
    • Flooring: Carpet, Hardwood, Vinyl, Tile
    • Windows: Insulated Windows, ENERGY STAR Qualified Windows, Drapes
    • Basement: Crawl Space
    • Number of fireplaces: 1
    • Fireplace features: Gas Log
    Interior area
    • Total structure area: 3,403
    • Total interior livable area: 3,403 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Faces Side, Garage Door Opener, Attached, Main Level
    • Attached garage spaces: 3
    Features
    • Exterior features: Prof Landscaped
    • Has view: Yes
    • View description: Other
    Lot
    • Size: 10,454 Square Feet
    • Dimensions: 130.25 x 126.68 x IRR
    • Features: Cul-De-Sac, Corner Lot, Level, Rolling Slope
    Details
    • Parcel number: 049JC037

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Traditional
    • Property subtype: Single Family Residence
    Materials
    • Brick
    Condition
    • Year built: 1995

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Security System, Smoke Detector(s)
    • Subdivision: Fountain Gate S/D Unit #2
    HOA
    • Has HOA: Yes
    • Services included: Some Amenities
    • HOA fee: $150 annually
    Location
    • Region: Knoxville

    Financial & listing details

    • Price per square foot: $156/sqft
    • Tax assessed value: $424,400
    • Annual tax amount: $1,649
    • Date on market: 9/8/2025
    • Listing terms: New Loan,Cash,Conventional

    Price history

    DateEventPrice
    3/12/2026Sold$530,000-3.5%$156/sqft
    Source: East Tennessee Realtors #1314613 Report a problem
    1/13/2026Pending sale$549,000$161/sqft
    Source: East Tennessee Realtors #1314613 Report a problem
    1/4/2026Price change$549,000-8.3%$161/sqft
    Source: East Tennessee Realtors #1314613 Report a problem
    11/14/2025Price change$599,000-7.7%$176/sqft
    Source: East Tennessee Realtors #1314613 Report a problem
    10/15/2025Price change$649,000-2.4%$191/sqft
    Source: East Tennessee Realtors #1314613 Report a problem
    9/18/2025Price change$665,000-3.5%$195/sqft
    Source: East Tennessee Realtors #1314613 Report a problem
    9/8/2025Listed for sale$689,000+52.8%$202/sqft
    Source: East Tennessee Realtors #1314613 Report a problem
    12/10/2021Sold$451,000+6.1%$133/sqft
    Source: East Tennessee Realtors #1173355 Report a problem
    11/15/2021Pending sale$425,000$125/sqft
    Source: East Tennessee Realtors #1173355 Report a problem
    11/11/2021Listed for sale$425,000+102.5%$125/sqft
    Source: East Tennessee Realtors #1173355 Report a problem
    5/1/1995Sold$209,900$62/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,649 $106,100
    2024$1,649 $106,100
    2023$1,649 $106,100
    2022$1,649 -10.7%$106,100 +21.8%
    2021$1,846 $87,075 -75%
    2020$1,846 $348,300
    2019$1,846 $348,300
    2018$1,846 --
    2017$1,846 -9%$87,075
    2016$2,028 --
    2015$2,028 --
    2014$2,028 +0%--
    2013$2,028 -56.2%--
    2012$4,626 --
    2011$4,626 $95,975
    2010$4,626 $95,975
    2009$4,626 +19.7%$95,975 +36.6%
    2008$3,865 +0%$70,275
    2007$3,865 $70,275
    2006$3,865 $70,275
    2005$3,865 -1.4%$70,275 +7.7%
    2004$3,922 +6.2%$65,250
    2003$3,693 $65,250
    2002-- $65,250
    2001-- $65,250 +15.4%
    2000-- $56,550
    Find assessor info on the county website

    Neighborhood: 37918

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Shannondale
    • 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
    $532,400
    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
    $532,400