1803 Forest Ave Knoxville, TN 37916
Fort Sanders NeighborhoodEstimated payment $4,518/month
Total Views
25,561
4
Beds
1
Bath
1,178
Sq Ft
$636
Price per Sq Ft
Highlights
- City View
- Deck
- Corner Lot
- Sequoyah Elementary School Rated A-
- Traditional Architecture
- No HOA
About This Home
Prime Investment Opportunity in The Fort! High-Demand Student Rental!Attention investors! This rare corner lot in The Fort offers incredible potential for expansion and increased income. The charming 4-bedroom home has undergone recent bathroom renovations and is currently leased to students for $1,850/month, with leases in place until July 31, 2025.A standout feature of this property is its exceptional parking capacity with 7 private spaces along the side of the home and a paved lot in the back offering 14 additional spaces. The 14-space lot is currently leased to the apartment complex across the street for $7,000 per year, with the lease extending until September 2025.Prime location near the University with plenty of room for expansion, this property is a smart addition to any investment portfolio. Don't miss out on this opportunity! There will be one open house on Thursday, March 13th. Check out the Virtual 3D matterport tour today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,585
Year Built
- Built in 1925
Lot Details
- 6,534 Sq Ft Lot
- Corner Lot
- Lot Has A Rolling Slope
Property Views
- City
- Mountain
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 1,178 Sq Ft Home
- Vinyl Clad Windows
- Living Room
- Storage Room
- Vinyl Flooring
- Crawl Space
- Fire and Smoke Detector
Kitchen
- <<selfCleaningOvenToken>>
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Washer and Dryer Hookup
Parking
- 7 Carport Spaces
- 7 Car Parking Spaces
- Off-Street Parking
- Assigned Parking
Outdoor Features
- Deck
- Covered patio or porch
Utilities
- Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Internet Available
Community Details
- No Home Owners Association
- Cowans Add Subdivision
Listing and Financial Details
- Property Available on 3/7/25
- Assessor Parcel Number 094NC019
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,585 | $123,600 | $0 | $0 |
| 2023 | $4,585 | $123,600 | $0 | $0 |
| 2022 | $4,585 | $123,600 | $0 | $0 |
| 2021 | $804 | $17,525 | $0 | $0 |
| 2020 | $804 | $17,525 | $0 | $0 |
| 2019 | $804 | $17,525 | $0 | $0 |
| 2018 | $804 | $17,525 | $0 | $0 |
| 2017 | $968 | $21,125 | $0 | $0 |
| 2016 | $926 | $0 | $0 | $0 |
| 2015 | $926 | $0 | $0 | $0 |
| 2014 | $926 | $0 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | Pending | -- | -- | -- |
| 03/07/2025 03/07/25 | For Sale | $749,000 | +152.6% | $636 / Sq Ft |
| 06/17/2021 06/17/21 | Sold | $296,500 | -- | $252 / Sq Ft |
Source: East Tennessee REALTORS® MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $296,500 | Concord Title | |
| Corporate Deed | $1,050,000 | Dba Concord Title | |
| Quit Claim Deed | -- | Real Estate Title Company | |
| Quit Claim Deed | -- | Real Estate Title Company | |
| Quit Claim Deed | -- | -- | |
| Deed | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $281,675 | New Conventional | |
| Previous Owner | $324,000 | Commercial | |
| Previous Owner | $100,000 | Commercial | |
| Previous Owner | $932,000 | Commercial | |
| Previous Owner | $128,000 | Unknown | |
| Previous Owner | $216,022 | Credit Line Revolving | |
| Previous Owner | $35,000 | Credit Line Revolving | |
| Previous Owner | $139,986 | Unknown | |
| Previous Owner | $35,000 | Credit Line Revolving | |
| Previous Owner | $1,280,000 | Unknown |
Source: Public Records
Similar Homes in Knoxville, TN
Source: East Tennessee REALTORS® MLS
MLS Number: 1292226
APN: 094NC-019
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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