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961 Festival Ln

Knoxville, TN 37923

4 bd 3 ba 2,599 sqft Built 2019 Lot 6,098 sqft single_family
Most recent sale
$520,000
Aug 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 24, 2022 Sold $520,000 MLS #1197462
Jul 11, 2022 Price changed $517,400 MLS #1197462
Jun 30, 2022 Listed $534,900 MLS #1197462
Oct 30, 2019 Sold $340,760 MLS #1086007
Aug 5, 2019 Price changed $340,760 MLS #1086007
Jul 1, 2019 Listed $339,900 MLS #1086007

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $68,150 $1,445
2019 $5,500 $117

Property facts

Year built
2019
Property type
single_family
Stories
Beds
4
Baths
3
Living area
2,599 sqft
Lot size
6,098 sqft
ZIP code
37923
City
Knoxville
Street
Festival Ln
Coordinates
35.93133, -84.12228

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,899
Gross rental yield
9.00%
Implied cap rate
5.85%
Trend-extrapolated value

Frequently asked questions

When did 961 Festival Ln last sell?
961 Festival Ln most recently sold on Aug 24, 2022 for $520,000.
What is the current tax assessment for 961 Festival Ln?
The most recent total assessment for 961 Festival Ln (year 2020) is $68,150 with $1,445 in property tax.
How does 961 Festival Ln's assessment compare to its last sale price?
The current assessment is 86.9% below the last sale price of $520,000.
When was 961 Festival Ln built?
961 Festival Ln was built in 2019.
How does 961 Festival Ln compare to others on Festival Ln?
We track 8 other properties on Festival Ln. Browse the list under "Other properties on Festival Ln" to compare beds, baths, and sale history.
What are the property facts for 961 Festival Ln?
961 Festival Ln is a 4 bed, 3 bath, 2,599 sqft, 6,098 sqft lot single_family.
Is 961 Festival Ln a flip candidate?
No — 961 Festival Ln does not appear in our flips dataset.
Is 961 Festival Ln a tax-appeal candidate?
No — 961 Festival Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.7%
Implied 1-yr
+2.7%
2026 Q3
$457.4K
2026 Q4
$460.3K
ZIP 37923 — Median Price History + Forecast

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