Sold for $4,500,000

$4,500,000

6262 Clinton Hwy, Knoxville, TN 37912

--beds

0baths

9,730sqft

Multi Family

Built in 2023

-- sqft lot

$4,420,400 Zestimate^®

$462/sqft

$1,668 Estimated rent

Home value

$4,420,400

$3.80M - $5.08M

$1,668/mo

Zestimate^® history

Owner options

List your home for rent

$1,668/mo

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$1,668/mo

Rent Zestimate^®

Refinance and save

$20,487/mo

Est. payment

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$20,487/mo

Est. payment

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What's special

Fully furnished studio apartments

Introducing The Norwood, a brand new construction apartment complex in Knoxville, TN. This offering includes 24 fully furnished studio apartments, all of which are 300 SF. The property is currently operated as both traditional apartments with 12-month leases and short term rental units that are listed on Airbnb. There are laundry facilities located on site. There is also the ability to construct 24 additional units on the property.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Central, Electric

Cooling

Central Air

Appliances

Included: Microwave, Range, Refrigerator, Self Cleaning Oven

Features

Flooring: Vinyl

Interior area

Total structure area: 9,730
Total interior livable area: 9,730 sqft

Property

Parking

Parking features: Off Street

Features

Exterior features: Prof Landscaped, Balcony

Lot

Size: 1.53 Acres
Dimensions: 475.05 x 475.53 x IRR

Details

Parcel number: 068IC017

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Fiber Cement, Block, Frame

Condition

Year built: 2023

Community & HOA

Community

Subdivision: The Norwood

Location

Region: Knoxville

Financial & listing details

Price per square foot: $462/sqft
Tax assessed value: $2,998,500
Annual tax amount: $18,639
Date on market: 6/13/2024
Listing terms: New Loan,Cash,Conventional

Price history

Date	Event	Price
12/20/2024	Sold	$4,500,000-6.3%$462/sqft
Source: East Tennessee Realtors #1266173 Report a problem
9/4/2024	Pending sale	$4,800,000$493/sqft
Source: East Tennessee Realtors #1266173 Report a problem
6/13/2024	Listed for sale	$4,800,000+1271.4%$493/sqft
Source: East Tennessee Realtors #1266173 Report a problem
5/29/2020	Sold	$350,000+250%$36/sqft
Source: Public Record Report a problem
11/13/2019	Sold	$100,000$10/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$18,639	$1,199,400
2024	$18,639 +1036.5%	$1,199,400 +1036.2%
2023	$1,640 -57%	$105,560 -57%
2022	$3,811 -15.6%	$245,240 +15.1%
2021	$4,518	$213,120 -60%
2020	$4,518	$532,800
2019	$4,518	$532,800
2018	$4,518 -53.8%	--
2017	$9,769 -9.5%	--
2016	$10,794	--
2015	$10,794	--
2014	$10,794 +1.6%	--
2011	$10,623	$220,400
2010	$10,623 +104.2%	$220,400
2009	$5,201 +3.3%	$220,400 +17.7%
2008	$5,037 +60%	$187,240 +60%
2007	$3,148	$117,025
2006	$3,148 -0.5%	$117,025 -0.5%
2005	$3,165	$117,650