512 Balsam Drive

Knoxville, TN 37918

$425,000
Price
—
Beds
1,994 Sq. Ft.
$213 / Sq. Ft.
1,994
Sq. Ft.
$213
per Sq. Ft.

Description

512 Balsam Drive contains 3 units total. This includes a duplex and detached unit located on one lot in the heart of Fountain City. One unit is 3 bedroom, 1 bathroom. The other two units are studio style apartments. Owner pays utilities. All units have recent renovations including new kitchens and bathrooms with new plumbing and electrical. All units are currently occupied. Owner / Agent512 Balsam Drive contains 3 units total. This includes a duplex and detached unit located on one lot in the heart of Fountain City. One unit is 3 bedroom, 1 bathroom. The other two units are studio style apartments. Owner pays utilities. All units have recent renovations including new kitchens and bathrooms with new plumbing and electrical. All units are currently occupied. Owner / Agent
  1. Listed by Kevin G. Tipton • SVN I Wood Properties
  2. Listed by Cohl Morgan • SVN I Wood Properties

Property Details for 512 Balsam Drive

Sub division Name
Fountain City Co Pt 6
LISTING UPDATED: 11/26/2024 02:25 PM

Property Details for 512 Balsam Drive

StatusActive
MLS #1278340
Days on Market17
Taxes$1,221 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1935
Lot Size0.00 AC / 0 SF
CountyKnox County

Building Information for 512 Balsam Drive

Stories-Residences3Year Built1935Building Size-Lot Size0.00 AC / 0 SF

Property Information for 512 Balsam Drive

Summary
Location and General Information
  • City: Knoxville
  • County Or Parish: Knox County - 1
  • Directions: North Broadway to Fountain City. Left on Cedar Lane beside duck pond. Right on Kingwood. Left on Balsam. Home on left.
  • Latitude: 36.033923
  • Longitude: -83.93773
  • MLS Area Major: Knox County - 1
  • MLS Area Minor: Knox County - 1
  • Postal Code: 37918
  • State Or Province: TN
  • Location Tax Legal Info Area: Knox County - 1
  • Remarks Misc Directions: North Broadway to Fountain City. Left on Cedar Lane beside duck pond. Right on Kingwood. Left on Balsam. Home on left.
Parking
  • Attached Garage: No
  • Parking Features: On Premise Parking
  • General Property Description Driveway: Gravel
  • Garage Parking On Premise Parking: True
School Information
  • Elementary School: Fountain City
  • High School: Central
  • Middle Or Junior School: Gresham
  • Location Tax Legal Info Elementary School: Fountain City
  • Location Tax Legal Info Middle School: Gresham
  • Location Tax Legal Info High School: Central
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 058KA013
  • Location Tax Legal Info Total Tax: 1221.38
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Year Built: 1935
  • Building Area Total: 1994.0
  • Living Area Source: Owner
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: 90 X 140
  • General Property Description SqFt - Source: Owner
  • General Property Description Lot Dimensions: 90 X 140
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • General Property Description UtilitiesMo Avg: 400.0
  • Fuel Other Fuel: True
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Flooring: Laminate, Hardwood, Vinyl
  • Heating: Yes
  • Cooling Central Cooling: True
  • Floors Hardwood: True
  • Floors Laminate: True
  • Floors Vinyl: True
  • Floors Other: True
  • Heat Central: True
  • Other Rooms Other: True
  • Roof Shingle: True
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • Type of Units Efficiency Unit: True
  • Type of Units 3 or more Bdrm Units: True
Unit 1
  • Unit 1 Unit Number: 1
  • Unit 1 Beds Total: 3
  • Unit 1 Rent: 1795
  • Unit 1 Squarefeet: 1120.0
Unit 2
  • Unit 2 Unit Number: 2
  • Unit 2 Rent: 1020
  • Unit 2 Squarefeet: 490.0
Unit 3
  • Unit 3 Unit Number: 3
  • Unit 3 Rent: 1120
  • Unit 3 Squarefeet: 384.0
Rental
Rent Information
  • General Property Description Number of Units Leased: 3.0
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Central,Other

Property History for 512 Balsam Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 512 Balsam Drive

Taxable ValueLand-Additions-Total-
Tax Record2024$1,441 ($120 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,610 SqFtAbove Grade Finished SqFt1,610 SqFtStories1Lot Size12,589 SqFtStyleSingle Family ResidenceYear Built1935Year Renovated2005CountyKNOXAPN058KA013

Schools near 512 Balsam Drive

This home is within Knox County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Fountain City Elementary School
PublicPK to 5

Gresham Middle School
Public6 to 8

Central High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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512 Balsam Drive is a multi-family home for sale in Knoxville, TN 37918. This property was listed for sale on October 3, 2024 by SVN I Wood Properties, it's currently listed at $425,000. It has been on the market for a total of 17 days and was last sold on November 30, 2023. This listing's school district is Knox County School District. Nearby schools include Fountain City Elementary School, Gresham Middle School and Central High School. 512 Balsam Drive is a 0-bed, 0-bath, 1,994 sqft multi-family home built in 1935.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SVN I Wood Properties, Kevin G. Tipton; SVN I Wood Properties, Cohl Morgan (865.603.9887)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 11/26/2024 02:25 PM