Excellent investment opportunity. Concrete block and frame basement rancher on large, corner lot that the upstairs has been almost completely remodeled. New kitchen with custom counter tops, tile flooring and all new appliance package. Hardwood floors on the main level. With two separate entrances, this house could be divided into two apartments. The additional living quarters in the basement could be a one bedroom apartment and the upstairs could be a two bedroom unit. Tile bathroom on the main level and all new paint and fixtures. New ceiling fans and light fixtures. With a little work in the basement this property could generate income from two units.
Sold for $65,000
$65,000
5501 Colonial Cir, Knoxville, TN 37918
3beds
2,208sqft
SingleFamily
Built in 1930
0.4 Acres Lot
$357,600 Zestimate®
$29/sqft
$1,953 Estimated rent
Home value
$357,600
$325,000 - $393,000
$1,953/mo
Zestimate® history
Owner options
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$1,953/mo
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$296/mo
Est. payment
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$296/mo
Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat pump, Electric
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Tile, Hardwood, Linoleum / Vinyl
- Basement: Partially finished
Interior area
- Total interior livable area: 2,208 sqft
Property
Parking
- Parking features: Garage - Attached
Features
- Exterior features: Cement / Concrete
Lot
- Size: 0.4 Acres
Details
- Parcel number: 058CC015
Construction
Type & style
- Home type: SingleFamily
Materials
- Roof: Composition
Condition
- Year built: 1930
Community & HOA
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $29/sqft
- Tax assessed value: $247,300
- Annual tax amount: $961
Price history
| Date | Event | Price |
|---|---|---|
| 8/7/2023 | Sold | $65,000-7.1%$29/sqft |
Source: Public Record Report a problem | ||
| 11/14/2017 | Sold | $70,000-6.5%$32/sqft |
Source: East Tennessee Realtors #944130 Report a problem | ||
| 11/9/2017 | Pending sale | $74,900$34/sqft |
Source: Harold Long Realty #944130 Report a problem | ||
| 4/13/2017 | Listed for sale | $74,900$34/sqft |
Source: Visual Tour #944130 Report a problem | ||
| 3/6/2017 | Listing removed | $74,900$34/sqft |
Source: Knoxville - WEICHERT, REALTORS - Harold Long Realty #944130 Report a problem | ||
| 3/3/2016 | Price change | $74,900-6.3%$34/sqft |
Source: Knoxville - WEICHERT, REALTORS - Harold Long Realty #944130 Report a problem | ||
| 10/25/2015 | Listed for sale | $79,900+343.9%$36/sqft |
Source: Knoxville - WEICHERT, REALTORS - Harold Long Realty #944130 Report a problem | ||
| 3/15/2011 | Sold | $18,000$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $961 | $61,825 |
| 2024 | $961 | $61,825 |
| 2023 | $961 | $61,825 |
| 2022 | $961 +30.2% | $61,825 +77.5% |
| 2021 | $738 | $34,825 -75% |
| 2020 | $738 | $139,300 |
| 2019 | $738 +61.1% | $139,300 +137.6% |
| 2018 | $458 -53.7% | $58,628 +171.4% |
| 2017 | $990 +2.8% | $21,600 |
| 2016 | $963 | -- |
| 2015 | $963 | -- |
| 2014 | $963 +7.3% | -- |
| 2013 | $898 +134.8% | -- |
| 2012 | $382 | -- |
| 2011 | $382 -51% | $16,200 |
| 2010 | $781 | $16,200 |
| 2009 | $781 -3.1% | $16,200 +10.6% |
| 2008 | $806 | $14,650 |
| 2007 | $806 | $14,650 |
| 2006 | $806 | $14,650 |
| 2005 | $806 -0.1% | $14,650 +9.1% |
| 2004 | $807 +6.2% | $13,425 |
| 2003 | $760 | $13,425 |
| 2002 | -- | $13,425 |
| 2001 | -- | $13,425 +10.7% |
| 2000 | -- | $12,125 |
Find assessor info on the county website
Neighborhood: 37918
Nearby homes
- $333,1003 bd2 ba2.2k sqft5501 NE Colonial Cir, Knoxville, TN 37918Off Market
- $204,4002 bd1 ba1.5k sqft5505 Colonial Cir, Knoxville, TN 37918Off Market
- $291,6004 bd2 ba1.5k sqft2915 Montbelle Dr, Knoxville, TN 37918Off Market
- $319,7003 bd2 ba1.9k sqft5440 Colonial Cir, Knoxville, TN 37918Off Market
- $235,4004 bd1 ba1.5k sqft5704 Oak Rd, Knoxville, TN 37918Off Market
- $228,3003 bd2 ba1.4k sqft5509 Colonial Cir, Knoxville, TN 37918Off Market
- $378,6003 bd2 ba1.7k sqft5705 Oak Rd, Knoxville, TN 37918Off Market
- $222,0004 bd4 ba1.7k sqft5506 Colonial Cir, Knoxville, TN 37918Off Market
Nearby schools
GreatSchools rating
- 6/10Fountain City Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 5/10Gresham Middle SchoolGrades: 6-8Distance: 0.3 mi
- 5/10Central High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Fountain City
- Middle: Gresham Middle
- High: Central
Source: The MLS. 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
$357,600
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
$357,600
- Tennessee
- Knox County
- Knoxville
- 37918
- 5501 Colonial Cir
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